swaps

Total Rating:
0 / 0

60 Comments

    • Mon Sep 22nd 10:00 AM | Rating: 0 0
      Commented on:
      We've Crossed the Line from Capitalism to Socialism
      If all financial companies become "agents of the government" that would be more closer to communism than socialism. The alleged ownership by the governmentment and not proxy capitalists is communism, as opposed to national socialism, under which owners are told by the government how to use their business.

      I would agree that the intervention is so massive that the bias is toward inflation, except that the deflation of asset classes is so massive I wonder if there is a chance for equilibrium overall. The deflation of assets is really starting to kick in. The free falling market was paralleling the free falling real estate, no question.

      One of Obama's big supporters has been Soros, who is on record favoring communitarianism, his code for socialism. He thinks, now that he has made a pile, everyone else should be under socialism.

      And now that the investment banking crowd have made their pile the last few years, they are throwing the business to the communitarians too. There will be fewer people coming along to catch up with them.
      View article »
    • Mon Sep 22nd 09:49 AM | Rating: 0 0
      Commented on:
      Ban on Short Selling Could Have Negative Consequences for Options Market
      Who cares? The situation is now so unbalanced and dangerous that marginal trading strategies derived from basic buy and sell are the least of our worries for maintaining.. An option is a form of a derivative. Obviously the financial elites do not understand derivatives very well.
      View article »
    • Sat Sep 20th 12:58 PM | Rating: 0 0
      Commented on:
      If You Think the Dow Did Well Today, You're Wrong
      Interesting comparison. I guess the people who knocked the posting of this comparison should share their deepest thoughts with us instead of just putting up a shallow put down. Save the trash talk for your vaunted ping pong prowess.
      View article »
    • Wed Sep 17th 16:00 PM | Rating: 0 0
      Commented on:
      L.A. Times Former Staffers: Zell's Takeover a 'Classic Grift'
      This is an interesting post and the plaintiffs make an interesting argument.
      But our court system is biased toward, shall we say, capital and not people when it comes to business.
      View article »
    • Tue Sep 16th 10:20 AM | Rating: 0 0
      Commented on:
      Retrieving Flagrant Bonuses Could Address Moral Hazard Issue
      Huge bonuses are a huge carrot stick. The shareholders never complained about most of the profit going to the employees year after year. Stock rating agencies never complained about money going out the door instead of into reserves in an industry that periodically self destructs.

      Fraud and deception is just part of America's moral compass and we should fight wars to impose our moral compass on others.

      One way to combat this is to abolish the CPA profession and replace it with insurance. Insurance companies would insure a company from failure. Their tough look at the books would impose more discipline, until these bankruptcy insurance firms begin competing more and more for premiums, which would inevitably lead to fraud and corruption even there.

      Greed. It's really what's for dinner. Exhorbitant bonuses have always been part of the greed accept by America's moral compass.
      View article »
    • Sat Sep 13th 14:18 PM | Rating: 0 0
      Commented on:
      Recognizing an Abnormal Market
      Wish I had just stopped buyng on New Year's Day. And cashed in some positions, but now some holdings are way down - think BDN, which I thought was a wiped out safe buy at 19, and AIB (what was I thinking. Even European banks with supposedly little exposure have been taken out with the ebb tide. I boguht because several experts said it was a good buy. And they are still saying that now, but I am down and now a long term holderl. But I am beginning to wonder if the banking financial sector has truly suicided itself and it will be declared as dead as some bankrupt railroad bonds from the 1800s.).

      How can a usury system go on forever anyway? No tree grows to the sky, and no compounded debt instrument can suck up all the money without killing its host. But that is off topic.

      Steve Ballmer's lament for MSFT reflects how irrational it all is. In a non-IRA account last spring I was looking at buying into Disney, which I already owned, or MSFT, both around 31 at the time time. My rational mind said buy MSFT but my gut said Disney, which I bought. Disney went up to 33, 34 and is now 32 still in this horrible market, while Microsoft is down to 27.

      What a stock should be can far from what is can be in this panic environment.

      View article »
    • Thu Sep 11th 22:25 PM | Rating: 0 0
      Commented on:
      The Death of Consumption?
      This from CNBC today. Guy says U. S. is headed for a depression.

      I wonder if this was engineered, or just happened.

      CNBC.com| 11 Sep 2008 | 09:11 AM ET
      The end result of the global economic slowdown may be the U.S. announcing national bankruptcy as the government cannot afford the bailouts that it promised and the market will not bail out the government, Martin Hennecke, senior manager of private clients at Tyche, told CNBC on Thursday.

      "We expect a depression in the United States. We expect a depression, very possibly, also in Europe," Hennecke said on "Worldwide Exchange."


      The estimated $300 billion cost of the Fannie/Freddie bailout will probably be considered as a loss that the government will have to take, therefore passing it on to taxpayers, he explained
      View article »
    • Thu Sep 11th 16:23 PM | Rating: 0 0
      Commented on:
      Murdoch: I Won't Put the 'Times' Out of Business
      I have seen other anecdotal evidence in other fields that white heterosexual men are being barred from upper tier schools and professional training, and this is being done by people who clearly have an agenda of emasculating the white heterosexual male in the U. S. culture.

      The gatekeepers accomplishing this seem to be ethnic posers like Sulzberger who want to establish their own pre-eminence in alliance with non-white puppets.

      Theprevoiuos poster makes a point. Just as Fox News is a joke for objective news reporting because of its subservience to neocon (code for phoney Jewish conservative) agenda, so is the Times a joke for objective news reporting, as evidenced by its doublespeak description of Castro as a harmless agrarian reformer.

      Maybe we need non Mongo-Turk hetersexual males in charge of Fox and the Times, as long as they are not also British.

      View article »
    • Wed Sep 3rd 14:52 PM | Rating: 0 0
      Commented on:
      Chevron's Share Price Looks Most Compelling
      I liked BP a year ago for its relative lower valuation, but it seems to be a laggard in the oil industry, so I sold off. Sometimes cheaper assets do not attract the Wall Street crowd. The inefficiency of the market.

      I sold Chevron to book a profit, then watched it soar higher, then bought in again around 90. I plan to average my shares in cvx. I would in BP too if I thought it would attract more serious attention.

      By the way, does anyone remember Picken's auto bio and his venture into the North Sea. After his company developed the Beatrice filed, the British government essentially took it away from him. Yet the Brits caved in to Irgun.

      View article »
    • Sat Aug 23rd 10:49 AM | Rating: 0 0
      Commented on:
      Procter & Gamble vs. Unilever - Cramer's Mad Money (8/21/08)
      At least my UN shares are holding up and are still ahead of when I bought them two years ago, unlike other holdings in my over diversified portfolio.

      Onthe other hand, when I look at local stores P&G has far more shelf space than UN. I assume UN is more dominant in Europe, which is a bigger market.

      Dan
      View article »
    • Mon Jul 21st 22:39 PM | Rating: 0 0
      Commented on:
      A Silver Lining in the Newspaper Crisis
      I work in the print news media and I agree the problem is content. I edit a 1500-circulation weekly and virtually all the 600 street copies I put out are snapped up by the time I get back a week later. I focus on local news - crime, human features, courts, local sports and meetings.

      On the national level, the problem is that a lot of news is now appearing on the internet because the clowns in charge have to defer to the agenda-driven money men who are going along with the fantasy-illusions being spun by the Administrations.

      I look at the original footage CNN shot at the Pentagon onthe Second Day of Infamy and then I read the official news coverage, and I allege that accounts for the masses increasingly waking up and realizing mass media - print and electronic - are irrelevant and inaccurate.

      The Denver Post has spilled tons of ink to detail the plight of poor illegally here aliens who are struggling in their attempts to get free college, free medicine and to maintain a birth rate here that is much higher than back in repressive Mejico. The Post ignores the plight of the legally here native Americans whose jobs were outsourced and now must compete with the wage-busting immigrants that callous, nation deconstructing opportunists have lured in.

      The globalist driven agenda that deflates wages - has destroyed the banks, which require ever inflating wages to pay off usury. Now that wage deflation is taking out the midldle class that used to read newspapers. Young 20 somethings struggling in their jungles not only have an aversion to reading, they have an aversion to paying $300 a year for media that stains your hands black and does not have relevant content that can't be found anywhere else cheaper.


      View article »
    • Sat Jul 19th 16:52 PM | Rating: 0 0
      Commented on:
      Why I'm Restarting Kinross Gold
      You guys are a little late. I got into Kinross at $11 and am now up 98%but let's not talk about the falling knives I tried to grab since the first of this year.

      I take it the poster owns 2% of Kinross, and does not mean he has 2% of his money in Kinross, which would not be a strong hedge.

      Kinross is 9% of my holdings, which has about 20 positions.
      I also have AAUK, which has not fared as well, though my shares mostly go back a few years, and Gold Corp., which just issued an annual report that notes several of the veins they are currently working are of lesser quality. GG hasn't kept pace with KGC,

      Gold isn't going to crater anytime soon because Bush, Wall Street, The Fed and the moral compass lacking credit merchants are inthe process of totally destroying the dollar.

      It is time for us to exchange some of our fiat dollars and shares for some glitter metal we can use for barter.

      Dan



      Dan
      View article »
    • Sat Jul 19th 16:34 PM | Rating: 0 0
      Commented on:
      The Butterfly Effect and the Uptick Rule
      I agree pretty much with the comments posted here.

      It would appear that the uptick rule was erased so that insiders could make more from the looming crash they saw ahead.

      I think it was on CNBC last week that an SEC official said the uptick rule was the most diligently researched issue ever in the agency's history and that the overwhelming conclusion was that abolishing the rule would have no effect. He noted that stocks are quoted in pennies now. But still, the rule change just made it more easy for the specialists. It is clear we should never believe anything a government agent says, especially ones on loan from Wall Street or Fleet Street.

      But the real cause of this tsunami is the excessive expansion of credit - of all kinds. I taped a show a few days ago "In Debt We Trust" that focused on the predation in credit cards alone. Congress went along and deregulated and gave the banks and financial lenders open season from here on out.



      View article »
    • Sat Jul 19th 16:24 PM | Rating: 0 0
      Commented on:
      Can We Short the SEC?
      I thought Cramer was referring to naked short selling when he produced on air the SEC regulation supposedly enacted years ago which already bans the practice. He said the SEC just isn't enforcing it.


      Cramer said the regulations are already in place - I assume they apply to all stocks.

      The fact that the SEC is only going to build a wall around 19 firms and protect their shares shows (SHO's) that guvmint will do nothing to keep the Wall Street Wolves from continually attacking the public.
      The SEC can print a list. But so what if that's all they ever do?

      View article »
    • Sun Jul 13th 20:25 PM | Rating: 0 0
      Commented on:
      Dave & Busters File for IPO - In This Market!
      If they spread around a few million they will find money managers willing to throw their investors shrinking funds into it...to "diversify" their holdings.

      Within a year the Macy's. Sears and Dave and Busters of the World will also have discount window privileges at the Fed...after Obama asks for Greenspans resignation and replaces him with a proxy for Soros, who's been promoting Obama to help Soros orchestrate his plan to place the entire western world under what he called communitarianism in his Atlantic monthly piece years ago.

      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»