Airlines: Some Costs They Can't - And Shouldn't - Cut [View article]
Very good article. And the big "why" is why are ceo's and bankers worth so much more money than the rest of us? (Highlighted nicely by the skill level vs pay decline of the pilots et al). By right's, those high paid bastards crashed the economy for everyone and were well compensated before, during, and after. I am trying to believe (and foolishly still do) in capitalism with all my might, but it's absolute need for cheap labor to guarantee a happy management group often ends in tragedy for labor.
Obama was in the news saying that he strongly urged the banks to start lending again. Rhetoric or results?
On Oct 29 11:03 AM snappers wrote:
> Last forever!! Hell, thy given better than 1/3 to Acorn and the > like. Show me one private sector job created out of this mess. Our > unemployment numbers are straight out of the private sector. How > many govt workers have been laid off to date?
Why Is the Market Going Up When Jobs Are Going Down? [View article]
We just have to pay the Government more than they are being paid now, to get the result we want. Their present employers are happy with the result they are getting I would think. Money has long ago rendered democracy moot. It's just maddeningly obvious now.
On Oct 27 12:05 AM GreenMom wrote:
....
> compared to the rest of the world. We are so far behind in all three, > but I have no idea what it's going to take to get our legislators > to recognize the problem.
Financial Crisis: Remembering What Got Us There Is Critical [View article]
Bernanke was not the cause of the financial crisis. What was, is still a good question, and topic for discussion. Matt Blackman reported here over a year ago that the possibility of a black hole had been created when $535 trillion in CDS and CDO inventions along with sub prime lending started unravelling around Bear Sterns Monday. Greenspan wrote in his book "Age of Turbulence" (we may just be in the eye of the hurricane at present) about the elegance of derivative swaps in risk management, but also the danger that arose along with their creation because the technology used to create them, and the instruments themselves were not fully understood by the creators (where are those guy's? will any of them be in Pittsburgh next week?). Maybe elegance and danger have morphed into "miss-pricing of risk" in Mr G's furthering of the discussion. Any thoughts...
On Sep 23 02:17 PM Mad Hedge Fund Trader wrote: .... how smart Bernanke really > is.
Very optimistic but globalization won't go away. In order to compete, many workers in the US will probably starve for awhile. At the end of the day ROI comes from low production costs in large part. My guess is that the top players play the entire globe, circling around like clouds. Must be interesting.
On Sep 18 04:29 PM sod wrote:
... rebuild our manufacturing infrastructure, but it must be > done. We need to tighten our belts, bite the bullet and get on with > it.
Lmao ... Lewis Carroll for Fed chair next time! The mome raths are certainly outgrabing.
On Aug 12 04:36 PM carey_jim wrote:
> I can't think of anything funny to say. > > Maybe businesses will start to minimize the role of the consumer > and sell mostly to each other. Advertising costs would be reduced > to almost nothing which would save a huge amount of money. > > Most people need a lot less of all that junk than they think they > do. At the very least, the consumer could become a minor player. > > > Business could go along for a very long time just selling to each > other and the markets would then rise in perpetuity.
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George Soros: The Guru Outlook [View article]
On Oct 29 11:03 AM snappers wrote:
> Last forever!! Hell, thy given better than 1/3 to Acorn and the
> like. Show me one private sector job created out of this mess. Our
> unemployment numbers are straight out of the private sector. How
> many govt workers have been laid off to date?
Why Is the Market Going Up When Jobs Are Going Down? [View article]
On Oct 27 12:05 AM GreenMom wrote:
....
> compared to the rest of the world. We are so far behind in all three,
> but I have no idea what it's going to take to get our legislators
> to recognize the problem.
Where's the Outrage at the Banks? [View article]
Banking Sector: Worst Is Yet to Come [View article]
'Clunkers' Spending Siphons Savings [View article]
Thursday Outlook: Commodities, Global Markets [View article]
Financial Crisis: Remembering What Got Us There Is Critical [View article]
Greenspan wrote in his book "Age of Turbulence" (we may just be in the eye of the hurricane at present) about the elegance of derivative swaps in risk management, but also the danger that arose along with their creation because the technology used to create them, and the instruments themselves were not fully understood by the creators (where are those guy's? will any of them be in Pittsburgh next week?). Maybe elegance and danger have morphed into "miss-pricing of risk" in Mr G's furthering of the discussion. Any thoughts...
On Sep 23 02:17 PM Mad Hedge Fund Trader wrote:
.... how smart Bernanke really
> is.
Baltic Dry Index Tells the Real Economic Story [View article]
Do We Really Need a Global Central Bank? [View article]
Is Obama Mimicking 'W.' on Trade? [View article]
My guess is that the top players play the entire globe, circling around like clouds. Must be interesting.
On Sep 18 04:29 PM sod wrote:
... rebuild our manufacturing infrastructure, but it must be
> done. We need to tighten our belts, bite the bullet and get on with
> it.
Is a Crash Impending? [View article]
On Sep 01 10:02 AM perceptions_now wrote:
> Is a Crash Impending?
>
> Short answer is YES!
>
> 50% DOWn, 50% up, now 50% DOWn!!!
2009 Is Looking an Awful Lot Like 2008 [View article]
V-Shaped Revenue Recovery + L-Shaped CapEx Growth = Unstable Economy [View article]
On Aug 12 04:36 PM carey_jim wrote:
> I can't think of anything funny to say.
>
> Maybe businesses will start to minimize the role of the consumer
> and sell mostly to each other. Advertising costs would be reduced
> to almost nothing which would save a huge amount of money.
>
> Most people need a lot less of all that junk than they think they
> do. At the very least, the consumer could become a minor player.
>
>
> Business could go along for a very long time just selling to each
> other and the markets would then rise in perpetuity.
2009 Is Looking an Awful Lot Like 2008 [View article]