nukldrager

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    • Thu Jun 26th 10:54 AM | Rating: 0 0
      Commented on:
      Barron's: Public, Not Private Homebuilders Will Prevail [Housing Tracker]
      Roofs and decks...
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    • Thu Jun 26th 10:50 AM | Rating: 0 0
      Commented on:
      Bad News on Housing: Investors Beware
      Right Ironist15. And, it should be more difficult to pass a bill like this.
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    • Mon Jun 23rd 07:42 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      How does oil speculation affect the price at the pump?
      Is the effect of speculation different than that of supply and demand?
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    • Fri Jun 20th 17:01 PM | Rating: 0 0
      Commented on:
      So Is Capitalism Working, Or Not?
      Want to see capitalism working?

      "Multinational Corporations Step Up the Search for the Next China"
      SA June 19

      “We found more ready availability of both land and labor in both Vietnam and Thailand,” Gerald Evans, president of Asia business development at Hanesbrands, told The Times.

      Where as unskilled Chinese workers now earn $120 a month for a standard 40-hour workweek, factory workers in Vietnam make as little as $50 a month for a 48-hour workweek that includes a full day on Saturdays, the paper said."
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    • Fri Jun 20th 10:07 AM | Rating: 0 0
      Commented on:
      So Is Capitalism Working, Or Not?
      owners OF capital... mb
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    • Fri Jun 20th 10:05 AM | Rating: 0 0
      Commented on:
      So Is Capitalism Working, Or Not?
      GOLD good comment. I'm opptimesstic too. Or pessomoptic, depending on the day. Capitalism is still a class system with arguably more freedom than past, or other systems. The greatest freedoms go to the capitalists, the owners or capital. The non owners of capital are servants in one form or another. The odds people with little or no money have of becoming rich with luck, brains, and hard work, are better with capitalism than with the lottery. That's as good as it has gotten so far. Then there's group survival theory... the owners of capital are surviving pretty well.
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    • Fri Jun 20th 09:34 AM | Rating: 0 0
      Commented on:
      Why Yahoo! Isn’t Worth Anything To Management and Investors
      If yahoo is losing it's brains, doesn't that make it ripe for a take over with respect to the value of it's online footprint?
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    • Fri Jun 20th 09:09 AM | Rating: 0 0
      Commented on:
      Banks Are Failing, So They Are Changing the Rules
      File it under " LIfe's just not fair..." There has always been a double standard applied by the most powerful to themselves, and the rest of humanity.
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    • Fri Jun 20th 08:48 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Thats... $4.00, but I see I'm not alone in the clumsy finger dept.
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    • Fri Jun 20th 08:46 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      re "gas in China should cost about $3.06/gallon - still subsidized, but less so."
      With gas at 4$.00 in the US, where does the line between pure supply and demand vs. manipulated markets fall? Subsidized gas would help strengthen the consumer base in China for future GDP growth. Meanwhile here in the good ol US of A (or perhaps it's now the new weird US of A) we are adapting to... "Voracious Chinese demand is widely seen as the number-one reason for soaring oil prices" Are we getting Shanghied?
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    • Thu Jun 19th 08:35 AM | Rating: 0 0
      Commented on:
      The Unemployment Severity Index
      Maybe there should be an employment severity index too. Real cost of living vs. real wages. The two charts would probably be interchangeable.
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    • Thu Jun 19th 08:11 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Going back to a comment by Matt Blackman from his article,
      Back to the Future in the Credit Derivative Time Machine, SA March 10

      "As Jim Grant said in his March 2007 interview, the CDO creators and rating agencies built their models that basically discounted the probability for a real estate price meltdown (since median prices had not dropped significantly since the Great Depression). There were no contingencies for such an event as evidenced by the fact that a large number of SIVs did not have accompanying mortgage documents (which is now rendering them unenforceable in the courts). In other words, such an outcome was considered a black swan event when such events were determined to be near impossibilities.

      My contention is that mortgages represent a relatively small part of the total $530 trillion derivatives market that has been built on similar assumptions. Like a black hole, few have any idea how these instruments work and what will happen when the unexpected happens."
      Looks like we are beginning to see how they work.
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    • Thu Jun 19th 07:50 AM | Rating: 0 0
      Commented on:
      The U.S. Economic Metronome Keeps Dangerous Rhythms
      Well then at least we are getting creamed by something normal... supply and demand, iThinkBig, thanks, I thought it was due to higher gov tax on diesel, which only makes sense to the taxor, and baffles the taxee with the obvious ramifications to just about everything essential to life as we know it. The end result appears to be the same.
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    • Wed Jun 18th 08:59 AM | Rating: 0 0
      Commented on:
      Reasons to Love 3-Digit Oil
      Good point. Maybe those freeways will become parking lots. Could be that short term greed will trump all and send us back to the horse and buggy. Horses pass gas stations. Responsible leaders have been bought by the super influential.
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    • Wed Jun 18th 08:24 AM | Rating: 0 0
      Commented on:
      The U.S. Economic Metronome Keeps Dangerous Rhythms
      A former refinery worker commented earlier that diesel is the cheapest fuel to refine. So why is it more expensive than gas at the pump? Anyone know where the money trail leads on that one?
      With no turn around or drop in fuel prices in sight, it's not hard to imagine the articles and comments just six months out.
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