Seeking Alpha

DaLatin

DaLatin
Send Message
View as an RSS Feed
View DaLatin's Comments BY TICKER:
Latest comments  |  Highest rated
  • Never one to miss an opportunity to voice his opinion on a subject - any subject - "The Donald" weighs in on the looming fiscal cliff issue: "I’ve never seen a mess like it,” Trump says. We have absolutely no leadership on the subject. A deal needs to be made now, or this country's in big trouble.  [View news story]
    Oh goodness the thread has been infected with troll terry330.

    He is Donald's quote !


    Let me get this straight . . .
    We're going to be "gifted" with a health care
    plan we are forced to purchase and
    fined if we don't,
    Which purportedly covers at least
    ten million more people,
    without adding a single new doctor,
    but provides for16,000 new IRS agents,
    written by a committee whose chairman
    says he doesn't understand it,
    passed by a Congress that didn't read it but
    exempted themselves from it,
    and signed by a Dumbo President who smokes,
    with funding administered by a treasury chief who
    didn't pay his taxes,
    for which we'll be taxed for four years before any
    benefits take effect,
    by a government which has
    already bankrupted Social Security and Medicare,
    all to be overseen by a surgeon general
    who is obese,
    and financed by a country that's broke!!!!! 'What the hell could possibly go wrong?'


    I am not a Donald fan ,but, I won't add anything ! DL









    Jul 19, 2012. 08:41 PM | 14 Likes Like |Link to Comment
  • "This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
    Sounds like what you US folks had happen when Congress didn't read the 2800 page HCA Bill outling. Forget about the 45000 new pages being attached.
    Now the taxes on all sorts of things are taking more then 10 % from all Americans. Even the middle class.
    Mar 17, 2013. 07:49 PM | 13 Likes Like |Link to Comment
  • The Affordable Care Act actually discourages small businesses from growing, says TheStreet.com's Robert Weinstein. Buried within 2,700 pages of the Act is a requirement that businesses provide all employees with "acceptable" health insurance coverage, but exempts businesses with 49 or fewer full time employees. For small business owners, this is a glaring disincentive not to grow beyond 49 employees as a result of the costs and additional regulations companies face with 50 or more.  [View news story]
    What, how can any opinions be made now ! Really ! The 2700 pages are just the tease. An outline ! As recently announced the IRS an HSS ( a few other agencies ) have about 18,000 more pages to add and there being written as I am typing. How can we just consider the basic horrors without the telephone book their going to attach to it ~
    Jul 6, 2012. 08:41 PM | 13 Likes Like |Link to Comment
  • How To Position For President Obama's Second Term [View article]
    It seems you've not seen inflation at all. All your posts have been saying so ! I saw Obama's second term asa a fact in Jan 2012 and by April 8th moved to Latin American. I removed every penny from US avenues.You can get 20% on a CD if you keep it rolling for year periods or 14% with monthly interest credits. Gees.. US stocks ! Not para me !

    One only needs to replace real money for fiat paper to see the destruction of the US dollar over just the last decade and just looking at 2007 averages compared to today's and your nuts to think stocks are the only game as 99% of all punditry are talking as gospel.

    Look at 10 year chart of gold verse the S&P and it jumps out. S&P was worth 3 to 4 ounces of gold and now it is 7/10s of an ounce to equal the one share of the S&P. So, the S&P might be at highs ,but, apples to oranges is a better name for the comparison !

    Last 3 years US wealth has plunged faster than any period in history and that includes the phony nosebleed level of the DOW & S&P. Yeah, it's high,but, needs to be 2150 to equal 2007.. Just saying ! DL
    Sep 10, 2012. 08:24 AM | 12 Likes Like |Link to Comment
  • Has The Electric Vehicle Investment Craze Run Off Course? [View article]
    Funny, what is finally coming to the attention of the green people is the fact that the carbon issues in the battery production negate the carbon footprint savings of the electric vehicle itself. Estimates now show you need about eight years of driving to offset the carbon needed to produce the batteries. Then it depends of the fuel used at electric plants where you recharge.

    Nat gas/bottled gas is the way to go. Clean & cheap.. The electric car is todays Edsell ! I think Fiat will win in the overall game skipping the electric cars and trying to develope the best nat gas cars.

    GM sees this with trucks so far and FedX is changing over asap. Down here in Latin America many convert .Espicially taxis. Curious how they do it for around $ 150.oo and it cost many thousands in the US. ??
    Mar 17, 2013. 06:51 AM | 11 Likes Like |Link to Comment
  • Fed Has Economic, Political Cover To Launch Bullish QE3 [View article]
    When will this QE poop die ????!!! . The world must suffer so a handful on WS can see a 13800 DOW........

    Inflating stock prices for a short while does what ? The Fed can't spur job creation and yes,the low rates have let the handful of buyers grab houses ,but, the pool of buyers will dry up in 3 to 6 months. The rest are underwater an have no equity or job mobility.

    Get this....... The Fed is powerless ! Why, because THIS recession never ended and the reason is this .

    This is the first recession in the last 100 years where the consumer's deleveraging ! 0% rates and the lack of the low (newly calculated )inflation won't help.Deflation is coming..

    Corporations are flush with cash and as soon as Health Care Act issues are understood M/A will pick up. That is how they can obtain growth ,but, that will spur synergies and less jobs !

    80 K new jobs with 30% as temp hires doesn't grow the consumer base and seeing the # showed the largest ever gain in youth unemployment is of severe concern ! At least to me !

    The Fed talks about the structural factors causing this and there going to get worse. If 9 trillion dollars floating around the planet have not helped. More will not help........

    Time will heal this,but, were going to see it like Japan. Decades ! And, in this global world we will see that the fact is the 3rd world is moving up and for the US to compete and for the workforce to grow we must slash the US standard of living. Can't stop that train ! Get used to it or move to a one of those countries ! I did ! DL
    Jul 7, 2012. 11:06 AM | 11 Likes Like |Link to Comment
  • Decrying Goldman Sachs' (GS) "rip your eyeballs out" capitalism following Greg Smith's "shot heard round the world," Joe Nocera writes in the NYT that Lloyd Blankfein should look at the "moral capitalism" of Howard Schultz, who will this week make a speech linking Starbucks'(SBUX) record profits with its larger societal role. "The value of your company is driven by your company’s values," Schultz plans to say.  [View news story]
    This is more NY Times playing their role in the pushing the Dem politics. As soon as the election is over their (GS) sticky little fingers will be all over the administration money dealings ! Nothing changes no matter who hangs in the WH.
    Mar 18, 2012. 07:51 AM | 11 Likes Like |Link to Comment
  • Is Obama Trying To Kill Dividend Investing? [View article]
    You sir have nailed it all in a nutshell. I think sadly that Pat Buchannan summed it up in his new book. The Latin vote will grow and the republican party will end as we know it. We are on the socialist EU path.........

    Our democracy is purely mob rule and the Founders new it wouldn't work an came up with the republic. The 40 years of Democrat control of Congress chipped away and it is gone. Now we vote for Senators an States lose out .And, as you point out the republicans are no better as they morphed into the middle an are no different.

    As I have posted in the past... Compromise =s destruction. Never is anything done right. A little for me an a little for you. We now have the term bi-partisan... To me it's bi-porkism and it worked by the party in power letting there cronies on the other side bring home some bacon. They mostly all kept there jobs with an occasional retirement or a rare incumbent loss.

    Forward to modern times and trillions in debt. Now there is no bacon to divvy up. Now there is only vitriol and hatred.

    Funny me....... I prey for a monarch. Where is king Solomon !
    Mar 6, 2012. 04:51 PM | 11 Likes Like |Link to Comment
  • Apple Can Save Its Shareholders - But Will It? [View article]
    As usual you give us lots of info. Pros an cons,but, at the end you share your conclusion..It's not a short time share price lift AAPL needs.

    The buyback of big dividend increase would be a short time price fix,but,might set in motion the destruction of AAPL..

    A dying hardware makers ala NOK or BBRY.. And, BBRY & NOK were former giant companies.Not little ones.

    AAPL needs to use the cash to move them out of the hardware business.. Steve Jobs had DIS in the company's site a decade back and probably made the worst blunder of his life not going after it.. It was easily doable .THEN !

    However, AAPL needs a mega content buy ala DIS buying ESPN..As ESPN saved DIS an is there go to earnings pool. Even during the hard times sports never quits.
    Apr 7, 2013. 04:22 AM | 10 Likes Like |Link to Comment
  • Annaly's Financials Will Impact Profits [View article]
    I sold NLY when all the Fed speak by " experts" were warning of rate hikes. That makes the spreads shrink,but, when NLY announced they would retire the preferred shares I got my gropon coupon ( joke)and got my shares back at 15.40 while everyone was running for the door.

    Ben B says he is concerned about employment an numbers are slowing,so, I will try an get another 5 or 6 dividends an will use a plane old STOP.
    15.20
    All we longs know NLY needs to be held and not for capital gains,but, the best possible income the management can muster. This management has done a great job for years and I got lucky getting the stock back cheap without missing a dividend.. LONG NLY DL
    Mar 29, 2012. 06:31 PM | 10 Likes Like |Link to Comment
  • With the GOP and the Democrats looking to end various tax breaks to finance tax cuts, a new Congressional report shows that exemptions amount to over $1T/year - around the same amount as the budget. The biggest breaks are those for employer-provided health insurance and pensions, which are forecast to reach $164.2B and $162.7B respectively in 2014.  [View news story]
    The report touts the heart an soul of years of lobbying an vote buying. This is the reason the IRS code makes the yellow pages look like a tiny brochure.

    I don't want to watch these leeches ( mostly lawyers) in Congress nibble at a few billion to pretend there doing the right thing.

    Do away with it all. A "fair tax " aka Flat Tax an be done with it ALL.

    Then get both houses to vote for 1 term an out ! Then fight the case with the Supreme Court an win.

    America is reborn. The shinning country on top of the Purple Mountains Majesty...

    All the fledgling democracies can see a true example of how we all should live. Now they see all the wrong things and how can we export the culture our founders dreamed about an hoped we could keep !

    A real Democrat and a real Republican want this. All that don't aren't real. There takers an "nimbys" and don't love themselves as they love there neighbors.
    Mar 25, 2012. 04:21 AM | 10 Likes Like |Link to Comment
  • The QE Debate [View article]
    The real issue is.... it's over. The news is all about the 16 trillion debt. That is fly swatter material. Real unfunded liabilities are close too 240 trillion. More debt then the entire history of the world's debt combined.

    So, QE or not is a moot issue.. The Fed.. no matter who is in the WH or who is the Fed Chairman must continue to flood the entire planet until the dollar value is Zimbabwe like.

    There is no way out and for a know gold expert you ( Peter) know gold is money ! Always has been and it has no other use..

    To see the real world one only needs to use gold in comparison charts instead of the fiat paper dollar and all is crystal clear.

    10 years back it took 4 ounces of gold to buy a share of the S&P.Now 0.7 % of an ounce of gold for one share in the S&P. Seems gold/oil actually stay at a constant price and only the value of the paper drops. Politicos will always choose the print your way out,but, it's really way to far gone . Even with a Republican replacing Obama. He/she or Romney in this case can't change things or it all collapses soon..

    At 87 I am 100% sure I'll see the end of the US $ reserve status. The US becomes a gigantic Greece over night .. Riots in the streets an all !

    I know it and most folks with the slightest common sense know it too. I've sold off 65 years of my portfolio and bought thousands of hectors of land and I'm contract to buy thousands more over the next few months. I've also been accumulating real PMs for 78 years. My foundation will live forever.... G-d bless Gold & Silver.

    The only real money is gold and silver and the best investment is fertile land and with G-d's blood on it ! Water ! Buena suerte, DL
    Sep 4, 2012. 06:12 PM | 9 Likes Like |Link to Comment
  • If you think Jamie Dimon (JPM) can't end up like Barclays' Bob Diamond, think again, says Jonathan Weil. The fact that JPMorgan only decided on Thursday to restate Q1 results shows that Dimon still hadn't grasped how internal controls are failing him and the company.  [View news story]
    Not all diamonds are created equally ! Bob Diamond was an American in a foreign country and he didn't have the ability to own a large enough share of the English Government ! Where as Jamie D has enough invested to have a bunch clearly in his pocket. Didn't you see the luv during the Senate grilling !

    PS I have screamed for him to go for 2 years. The US is death !
    Jul 14, 2012. 08:31 AM | 9 Likes Like |Link to Comment
  • Weighing The Week Ahead: Will Earnings Season Disappoint? [View article]
    You think the emphasis will be on earnings ! It is always earnings ! And, always a stock pickers market. All these data announcements are really not important to real investors. They're important to traders who go from headline to headline! For investors the economy is surly turning down globally and the US market is being touted as best of breed is not where the best values are ! But, you seem to be the ultimate permabull.

    If you think about the global world. Here is a hint.Asia has 10% of the world's financial pot,but,50% of the population.There is where the money is headed in time. Not just China ,but, Indo and the smaller dynamic economies. Even EU multinationals will be better values when the world economy turns and gets back to a robust growth model.

    Truth in the US is as Ben says, Structural ! Is that a code word ?! And,all the decades of printing and can kicking is digging the US deeper into the abis. The 3rd world is moving up and getting educated.And,as foretold decades back the US standard of living is way too high ! As this occurs the divide between have an have nots is becoming monsterous .

    We are now seeing this play out in the most vitreolic way in our politics and the current leaders in charge are pushing the krugmanism theory is as the cure all. To the John/Jane Doe bill payers it's insanity or as GHWB termed it "voodo economics"..
    Viva la welffare state !

    Your focusing on what the DOW or S&P # is and to equal the 2007 high we need to get to 17,000 DOW to adjust for inflation and dollar value. WS may be fooling the sheep,but, Mrs sheep tries to feed the flock and sees the truth when she shops and sees the phantom inflation.

    Real unemployent is best seen in the BLS U6 # and it is still climbing,but,the Fed has forced all the $s into the stock market as best they could,but, the free money isn't helping anymore. GM - AIG bailouts: TARP,Stimulus,QEs 1-2, Twist 1 and now Twist 2 have done nothing. So, the street is dreaming on more QEs.It won't work. Nor will QE 4 -5 or 6.

    The consumer is deleveraging and that hasn't been seen for over a 100 years ! All the Fed's $s and all the Fed's men/women can't put the humpty economy back together again. Why, because the 70% consumer driven economic model can't be supported anymore as the consumer deleverages.

    80,000 new jobs doesn't build the consumer base and the current number showed a historic drop in youth unemployment. That forces parents to shelter them and that ripples into housing #s for decades.The weak cities are still bulldozing houses trying to sabve a few and the current blip in home buying will dry up soon as the bulk of owners have no equity and job mobilty is scarce and dangerouse to leave the security in this new world.Funny, the best growth was seen in disabilty #s. It beat job # .

    The Fed says they have tools and tease the herd by double speak and this keeps the market artificially high. Even the so called dollar rally is targeted towards a handull or currencies because the strone little currencies can't handle the uber amounts.This is causing the market to be artificially high and bubble like again and we could see 2008 #s as easy as 14,000 !

    We see even on 200 point ups and downs the volume is gone. The NYSE exchange is for show. Whatever goes on is in NJ where a handull of stooges dust the computers.

    I think you guys/gals need to step back and look at the big picture. This push to tout stocks and this bullish nonsence has cripled 35 million boomers and millions of senoirs are living SS check to SS check and this is caused by WS pimps...

    The US needs to bring back blue collar workes as there will not be all the high paying college jobs for the masses as there going to compete agains a billion smarter hungrey youngsters around the world who will work for pennies of what the US worker gets. The US worker needs it to just get by. And, we might see protectionism comeback if the current folks need keep there jobs. But,more an more people are getting assitance. It is 30% of the population and growing.....

    Why would most gamble in the market as the WS pimps have turned the system of capitalism into a casino ! Yes it is !

    I did this for a living for almost 6 decades and I never pushed this b/s... Now I'm not living in the US and seeing CD rates from 15% to 8.5% in US dollars. Why not sleep at night and get back to saving.

    Im sorry to inject my thought into the maddness your pushing,but, I will link a Credit Union I just used to show why you must think global in a global world. I am not involved with them. Just have CDs for the great grandkids as I don't trust there parents as they might "invest" the money for them ! http://bit.ly/LyPv2O

    But, keep telling the flock to buy buy buy and people who see reality are the doomers an gloomers.. Long live the coming wellfare state and don't expect the masses to buy AAPL of GOOG.. DL
    Jul 8, 2012. 05:57 AM | 9 Likes Like |Link to Comment
  • "We can't just drill our way to lower gas prices when we consume 20% of the world's oil," President Obama says during his weekly address. Obama took the opportunity to advocate for his "all of the above" strategy, that relies less on foreign fossil fuels, and more on: "solar, wind, natural gas, biofuels, and more."  [View news story]
    Yes, Jimmy Carter just said Obama is almost as smart as he is ! You MUST be right.

    And, i'm the next President.. I lied an so did you...
    There is a reason the Founders didn't want a democracy and the Dem's have created one and the Republic is being destroyed.
    Mar 10, 2012. 06:17 PM | 9 Likes Like |Link to Comment
COMMENTS STATS
1,522 Comments
2,779 Likes