unimpressedpragmatist

http://www.treeofliberty.info

65 Comments

    • Google Outlines Clean Energy Plan [view article]
      Liberals are constantly offering nonsense to solve monumental problems. Google's founders are two liberal airheads who happened to stumble into a good idea and made a few bucks. This does not qualify them as "across the board" geniuses. However, just as with all their liberal brethren and sisters, ignorance is no barrier to announcing their solutions to the world's problems.

      Case in point: Al Gore and his claptrap global warming scam. He has made tens of millions of dollars promoting silliness and misinformation, as well as damn lies, with the assistance of the other lamebrains in our society. That scientific facts refute his senseless blather carries no weight with the deluded do-gooders and fellow travelers of the Nirvana crowd.

      As long as society allows these con artistes to prosper, society as a whole will suffer. And, more and more taxpayer money will be flushed down the toilet.
      Oct 02 12:50 PM
    • It Shows: Few In Congress Have Economic Background [view article]
      We send the least qualified in our communities to represent us in all elected offices, local, state, and national, so why should this article surprise us? Most of these clowns were failures in the private sector so they opted for elected office to seek their fortunes. That they betray the trust of their constituents is of no concern to them.

      Until the electorate wakes up and decides that enough is enough and they no longer will tolerate chicanery and corruption from public officials, nothing will change and nothing of significance will be accomplished. We the People are to blame for our ineffective and corrupt government at all levels. It is up to us to clean up this mess. November 4 would be a good time to start. Vote NO on all incumbents and all Democrats (for sure). Even is an incumbent is running unopposed, do not vote for him/her! A very small number of votes for a candidate sends a message that their days are numbered, they have no power, and invites good people to run, next time. Try it, you'll like it!
      Oct 02 12:36 PM
    • Alternative Bailout Plan: Good and Bad Ideas [view article]
      It is evident from several of the comments from respondents that they do not understand mark to market and its destructive effects on a company's inventory values. Mark to market leads to chaos as every sale revalues the inventory creating turmoil of ever changing asset values. No company's balance sheet is worth a damn that changes asset values multiple times each day. This entire concept is ridiculous and antagonistic to good business practice.

      The older accounting practices of LIFO and FIFO lent stability and provable value to a company's assets. Investors had a good feel for their investment under such conditions. Mark to market is an example of clueless Democrat/Socialist do-gooder tinkering in an area they did not understand or comprehend the disaster they were building. Suspending it would give the market and business an immediate boost and restore confidence in the value of a company's assets.

      Of course, if you are a Democrat who backs the Marxist philosophy of Obama, you neither understand the concept nor favor the end of the current crisis. If you are successful in electing the empty suit from Illinois, you will discover what real chaos and catastrophe are.

      As to the bailout, a.k.a., Democrat CMA for supporting the collapse of Fannie and Freddie and accepting bribes in the process, it will be a disaster for the taxpayers as insurmountable debt is piled upon exponentially expanding liabilities. However, the miscreants of Wall Street will retain their homes in the Hamptons and their mid-Manhattan penthouses, increase their personal worth through egregious golden parachutes, and reap billions of dollars in profits as Paulson buys their 20-cent paper for 80 cents. Is that what We the People want? Absolutely, NO!

      Give a cheer and show appreciation to those Republicans and Democrats in the House who stood up for the taxpayers and defied the leadership and self-interested Paulson. They deserve to remain in office in November while the rest of them must be heaped on the worthless debris of history.

      God bless the patriots who protect this nation from its destructive, incompetent, and self-interested representatives in government.
      Oct 01 01:39 PM
    • Who Is For and Against the $700 Billion Bailout? [view article]
      Washington, as usual, is ignoring We the People. I thought McCain and the Republicans were fighting for us. Instead, it looks as if they were fighting for their piece of the pie.

      The, only, thing that appears to have changed is that the Treasury will have the funding parceled out to them instead of in one lump sum. And, the taxpayers will be stuck with a lot of worthless paper and a huge debt.

      We the People MUST flood Congress and the White House with emails, faxes, and telephone calls expressing our anger and intent to throw everyone, both parties, out of office in November. Then, we MUST do it! Otherwise, the beat goes on and we continue to suffer.

      Bottom line: They are all a bunch for corrupt, self-interested, incompetent fools and are not worthy of our trust or our support. NO on everyone in November.

      When the economy is debated by McCain and Obama in a few weeks, listen carefully and decide which one is more likely to serve this nation and We the People's interests - Not theirs and their Party!

      Remember, Obama is pushing a Marxist agenda that will bring disaster to the economy and the investors with their IRAs. 401-ks, and Roth’s. Vote, accordingly.
      Sep 28 02:09 PM
    • Will the Fed Actually Raise Rates Next Week? [view article]
      Washington, as usual, is ignoring We the People. I thought McCain and the Republicans were fighting for us. Instead, it looks as if they were fighting for their piece of the pie.

      The, only, thing that appears to have changed is that the Treasury will have the funding parceled out to them instead of in one lump sum. And, the taxpayers will be stuck with a lot of worthless paper and a huge debt.

      We the People MUST flood Congress and the White House with emails, faxes, and telephone calls expressing our anger and intent to throw everyone, both parties, out of office in November. Then, we MUST do it! Otherwise, the beat goes on and we continue to suffer.

      Bottom line: They are all a bunch for corrupt, self-interested, incompetent fools and are not worthy of our trust or our support. NO on everyone in November.

      When the economy is debated by McCain and Obama in a few weeks, listen carefully and decide which one is more likely to serve this nation and We the People's interests - Not theirs and their Party!

      Remember, Obama is pushing a Marxist agenda that will bring disaster to the economy and the investors with their IRAs. 401-ks, and Roth’s. Vote, accordingly.
      Sep 28 01:09 PM
    • Ike vs. Refining Capacity and Oil Price [view article]
      Let us not forget or diminish the impact of the Democrats in Congress running scared and agreeing to drill off shore. When they took their misguided 5-week vacation, they got their butts kicked by their constituents who are beginning to realize that it's not a good idea to elect Democrats to office.

      Please note that oil is down $4.49 to $96.69, this morning. It appears that IKE did not effect refining as much as the oil wonks wished it would. And, people are using less and less gasoline and diesel as the gouging by Big Oil continues at the pumps. Are we to go into mourning for EXXON, et al as their quarterly profits plunge? Excuse me while I go into hysterical laughter over their situation.
      Sep 15 12:43 PM
    • The Fannie/Freddie Heist [view article]
      Until we hold the top management of all public companies responsible for the failure of their companies and prosecuting those who deserve it, nothing will change and irresponsible risk taking will dominate and destroy.

      Additionally, politicians who are/were involved in the failures of these companies should, also be prosecuted for misusing their offices for personal gain.

      Yeah, I know, we would have to build more prisons and courtrooms to accommodate all the miscreants that would surface. Remember, wherever big money exists, intense oversight is necessary. Accountability and responsibility must be paramount. And, when misbehavior occurs, punishment equivalent to the crime must be meted out without regard to political party, past accomplishments, popularity, stature, or position. Felons must go to prison and must have their ill-gotten gains confiscated.

      Did we forget the Savings and Loan scandals? Or, are We the People too forgetful, forgiving or stupid?
      Sep 15 12:27 PM
    • A Look at US Debt Levels as a Percentage of GDP [view article]
      Hell, the government lies about everything! Look how it distorts true inflation with its core inflation basket that eliminates the basis for inflation in our economy, oil and food.

      We the People should demand that the inflation numbers reflect reality not some politician/bureaucrat manipulation of the truth. We can start this process in November by tossing out he Democrats and keeping the pressure on the Republicans to establish truth in government or get tossed out on their backsides. Enough changes of Congressional membership over the next two or three election cycles will help to drive this point deep into the concrete that passes for a politician’s gray matter.

      Perhaps a better solution is to stop electing the least qualified to public office, all levels. Right!
      Sep 15 12:10 PM
    • Time For Growth Stocks Like Apple and Google? [view article]
      Inflation will come under control as drilling for oil off shore comes on line. As the price of oil plummets, which it will, regardless, of the propagandists of the left’s protestations, prices of fuel, food, clothing, plastics, et al will follow a similar downturn and the economy will boom. It doesn't take a financial genius to see this scenario emerging.

      Only Democrats, radicals, and wacko environmentalists will deny the reality of Drill Here, Drill Now, Pay Less. Of course, their little world of political correctness will, suddenly, explode and they will be covered with the debris of their denial of reality and ignorance of macroeconomics. However, they will never shut their mouths and stop their efforts to destroy the capitalist foundation of our democracy. We must remain ever vigilant.

      If the Republicans make a huge comeback in November, prosperity will reign supreme. If the ideologues of the left convince the electorate that socialism is a better alternative to representative democracy and capitalism, there is no hope for this nation. This election will be the most important that most of us will ever see. Vote wisely not ideologically!
      Sep 15 11:58 AM
    • Rough Day for Solar Stocks [view article]
      Solar is too expensive for the average homeowner. Additionally, a homeowner will not live long enough to recover the investment. Ergo, the market is evaporating.

      I know there are government sponsored inducements for homeowners to buy solar but they are too little to defray the initial expense. And, even before the original investment is recovered, more expense is incurred in maintenance and repair.

      Then, there are the rapid increases in hydrogen technology that will be inexpensive and available 24/7 instead of the daylight hours of solar on, only, sunny days.

      Solar is a lousy idea and the market knows it. Unfortunately, the wacko environmentalists, who have little to know knowledge of economics, technology, or science, will never realize it.
      Sep 09 04:20 PM
    • Safeway: A Safe Way to Invest [view article]
      There is a general warning out that analysts are pumping their bottom of the barrel stocks in an effort to generate commissions for their brokerages on losers. This article is a prime example of why that warring was issued.

      Since June, Safeway has been on a toboggan ride to the bottom of the hill. As to crowded stores, I know in the very large market place of the San Francisco Bay Area, the SW stores are, mostly, empty of shoppers more than they are crowded.

      Last Friday, SWY dropped 4% in the market. Morgan Stanley downgraded Safeway shares to "Underweight"... from "Equal-weight&quo... and set a price target of $22, saying the company is stuck with an upscale strategy in a trade-down economy. Since the beginning of the year, SWY has dropped its stock price, nearly, 24%!

      To compound their problems, many Safeway stores are competing in COSTCO dominated areas. Under normal conditions, that’s a no-win situation. In a recession, it’s a sure loser!

      Safeway went overboard on an unnecessary and recklessly expensive rehab of their stores (measured in $ billions) over the last several years. Then, to recapture this expense, they raised their, already, high prices even higher. The same products are available, elsewhere in the neighborhood, for a lot less money. Ergo, no shoppers are present in the Safeway stores. Look for a loss in the 3rd qtr. and a bigger one in quarter 4.

      Don’t let agenda driven analysts influence your stock decisions. And, if you currently hold SWY, dump it before it goes, even, lower (see the Morgan Stanley evaluation, above).
      Sep 07 03:08 PM
    • Exxon Shareholders Suffer a Windfall Loss of 13.7% [view article]
      I believe a windfall profits tax would be declared unconstitutional. It flies in the face of the basis of a capitalist society and our freedom to do business without onerous government restraints. Businesses are formed to make as much profit as possible. Only gouging should be examined and punished. And, that would result in criminal charges not illegal taxes.

      Of course, if you vote for Democrats (socialists) all bets are off.
      Sep 01 09:26 AM
    • Will Hurricanes Push Gas to C$1.75 a Liter? [view article]
      As with Katrina, any oil shortages resulting from the shutdown of oil producers will be very short term. Any increase in oil prices will be the result of panic and manipulation by speculators. Don't buy into their self-serving rhetoric and manipulative speculating. Use the power of yours purse to curb their abuse of a short-term condition. Drive less and buy less and burn their greedy fat fingers! Sep 01 09:18 AM
    • Energy Firms Should Look to U.S. Shale - Barron's [view article]
      The debate over oil shale is short sighted. Fossil fuels are a short-term solution to a long-term problem. The demand for energy will escalate as China, India, and other emerging nations improve their way of life. And, as noted, fossil fuels are a very finite source of energy.

      Hydrogen is the answer. Since the entire universe consists of hydrogen, there is little chance, or none, that we will ever run out of it. Therefore, we must put on a full-court press to develop and implement it as our primary source of energy. Additionally, there is no way that business and government can create a believable shortage of it with the result of price gouging.

      If you think of it, with abundant energy at very low prices, government and business take a back seat to the will of the people as their main control over our destiny is removed.

      Sep 01 09:10 AM
    • Which Improves First - The Stock Market or the Economy? [view article]
      The market will continue to seesaw as long as the price of oil remains at its present highs. The economy will be stagnant or depressed under the same conditions.

      If the electorate wakes up to the fact that the Democrats in Congress, or anywhere else, are incompetent and totally clueless and sends them home in November, things will change, quickly. Under a Republican majority with a Republican President, Drill Here, Drill Now will be enacted and oil prices will plunge. The market and the economy, in tandem, will take off.

      However, if the voters cling to outmoded ideology, ignore reality, and retain the clowns, the market will plunge to record lows and the economy will slip into depression, not recession.
      Sep 01 08:41 AM
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