jack kreg

Corporate Profits: Where Are They Going?

this socialist needs to consider just how long Americans are going to put up with Obama socialism, I grow more and more convinced everyday Obama moves to destroy America, that he will clearly be a ONE TERM president.
As to investment, of course, we have a few more years of his destruction, during which one must invest defensively, the market will rally in 2011, as it begins to predict Obama's loss of the presidential election.

Bailing Out California: Tough Talk Before Capitulation

CA needs 3 simple steps;
1- cap all state worker salary's at $99,999, no salary's over $100,000, currently 1000's make over $200,000, thats outrageous!!
2- elimiinate 10% of all state worker jobs, at all seniority levels,
3- cut all state worker salary's by 10%,
4- convert the defined benefit retirement to 401K, currently 1000's of retired state workers receive over $200,000 in annual retirement pay, many retiring in early 50's, and thats not including full healthcare for life.
CA is out of control, and needs massive cuts in spending, if spending were cut and frozen for a decade, we would still have a large standing debt, as the state has been borrowing for years just to pay lavish worker salary's.

Bailing Out California: Tough Talk Before Capitulation

CA must cut its lavish spending addiction, used for decades by socialist DEM's to purchase votes for re-election.
Can you imagine, we just hired a new administrator for the local school district, K-12, she's starts at $240,000 and that is just salary, never forget that state workers make more in retirement than during their working years.

Germany's Economy: How Did They Get into This Mess?

you completely missed the point, EU socialism is the cause, and the EU voters are rapidly turning to center-right, in repudiation of socialism failure to position the EU for this century.
Sadly, the USA is trying the socialist shoe on, gladly the early signs are that the US voters will close the socialist book in the coming elections of 2010 and 2012, it is happening right now in CA where the budget socialist are being starved out of town and lavish gov spending is finally being cut to the bone as it should have been long ago.
It all about repudiation of socialist failures in EU.

Feds to California: Drop Dead

Thank God we need a 2/3's majority to pass the budget in CA, or our taxes which are already at the highest in USA, would be even higher.
Here is what majority rule gets you; a small majority votes enormous taxation on the top 10 or 20%, who end up paying for an otherwise socialist economy.
Just a small clue as to how WAY out of line the state is; a school district in SOCAL recently hired a new director, the lady will run the district, her starting salary, $240,000, or 6X the national average wage, $40,000. I'm not even sure that she will work in the summer??
Obama is right about salary caps, except they are needed in GOV, CA needs a gov worker salary cap of $99,000, no gov salary's over $100,000. 1000's of gov workers receive over $200,000 in annual compensation, outrageous!
Then, we need to cut remaining salary's at least 10%, and eliminate another 10% of all state gov workers.
The state worker pension must be immediately converted to a 401K, eg to defined contribution from defined benefit.
1000's of retired state workers receive over $200,000 in annual compensation, many retiring in early 50's.
The state is beyond out of control, it may take citizens with their pitchforks in Sacramento, to right this massive waste.

Did Politics Cause Monday's Dow Decline?

yes, market was listening to the Obama plan to destroy yet another important part of USA, our health care system.
The market listened and sold off.
There is considerable hope that the current administration will be short lived, one termer, they are overreaching and none of their programs are succeeding, most are failing badly.
If the senate elections go against the Obama plans, then Dems will lose the fillibuster proof, and McConnell can keep Obama at bay, until Obama loses in the 2012 election.
Thats the slim ray of hope for a free and capitalist America.

Proposed Legislation Could Boost Medicare's Ability to Extract Savings on Drugs

I'm the government, I'm here to save you money on your health care bills,
Lets start by you paying higher taxes on your healthcare insurance, lets start by forcing you to purchase health care which meets gov standards, again higher costs.

Any body who believes that health care will be cheaper with a Nixon era gov run health care plan needs to take a good look at their wallet, cause the gov is about to empty it.

Proposed Legislation Could Boost Medicare's Ability to Extract Savings on Drugs

I'm the government, I'm here to save you money on your health care bills,
Lets start by you paying higher taxes on your healthcare insurance, lets start by forcing you to purchase health care which meets gov standards, again higher costs.

Any body who believes that health care will be cheaper with a Nixon era gov run health care plan needs to take a good look at their wallet, cause the gov is about to empty it.

The Inverse-Floater Gasoline Tax

The American economy needs low cost fuels not higher taxation giving corrupt politicians more $$ to buy election votes with.
Open all reasonable drilling sites in the USA for natural gas production, oil too, and begin a transition to NG fueled transportation system.
That way when global oil prices begin to rise, USA consuption of foreign oil will drop, perhaps so will global oil prices, USA is currently the hungry hog in the global oil market. Lets end that by using NG in our transportation vehicles, your car, buses, trucks.
America could cut its foreign oil consuption by 50% in 5 or 10 years, soley by use of NG in half of our transportation vehicles.
Let Americans keep there hard earned $$, dont raise another Obama tax just to give corrupt politicians more $$ to buy election votes with.
Felix always writes the wrong story, try a new look, not the same old tax and spend liberal/socialist politics.

Stay Away from U.S. Treasuries - Invest in Energy Stocks

A1234, you are right about the coming collapse of the Obama dollar, with Trillion $$/year borrowing, and FED buying up 30yr treasury's, sure the US dollar is expected to weaken alot in coming years.
Why not cut this extrodinary explosion in gov spending, infact, if the economy seems to be getting on track, why not cancel the "Stimulus", that would cut the deficit a cool Trillion over the next year or so.
Then, with NGV's and a strengthen dollar, at least relative to a collaspe, America's cost of energy will be lower, AND we will be buying our energy from ourselves, paying American salary's instead of OPEC's bank accounts,
And please dont forget where much of the $$ that funds ME terrorist organizations, PS, from American car drivers.
So, lets buy an American fuel, NG.

Stay Away from U.S. Treasuries - Invest in Energy Stocks

Mike F, You are sooo right on the point, as the Obama dollar collapses, oil will skyrocket, and imported oil will crush whats left of the American economy,
If however, we have moved towards NGV's which run on American NG, at least we will be paying ourselves for our transportation fuels.
Mike, I am completing agast at your opposition, clueless, senseless, are as mild as I can get. Having said that, if this is your strongest opposition, then stay at it, you are a hands down winner in this contest.

Four European Oil Company ADRs with Dividends Greater than 5%

when looking high yielding ADR's you must also quote the taxes withheld, even though they can be off-set on your US taxes. Also, how about divident growth, what rate of dividend growth do you expect for these oil co's?
thanks, nice article.

Republicans Offer Alternative Energy Bill Heavy on Nuclear, Oil Drilling

"Republicans' offering says nothing about combating climate change",
Why should the Rep's say something about nothing, eg climate change?

Republicans Offer Alternative Energy Bill Heavy on Nuclear, Oil Drilling

"proposed cap-and-trade system has faced a spirited backlash from industry and business groups",

You forgot to ask the American family, who will get soaked with high energy taxes, beginning at a few $1000/yr.

Of course, the initial few $1000 won't be enough, as we have found in CA, where increased tax revenue is never enough for BIG government, so you can expect, no exactly predict that the few $1000/yr in new energy taxes, will quickly become MANY $1000/yr.
Cap/Trade is bad for America.

Power of The Bond Boys

"need some responsibility out of Congress and the White House";

WOW thats a lot to expect, in fact I continue to expect the opposite, more borrowing and spending (pandering) to purchase votes for the coming 2010 election, which is cuing up to be very competitive in many states, Conn, NJ, PA, CA etc,
Nice article, but I see along the same line as you, Bern is beginning to allow rates to rise and the time to begin paying the Piper is coming near.
I expect rates to rise, because we printed so much $$.
I expect new jobs to be non-existent for 3-5 years with un-employment above 10% for at least that long, (B Gross says at least 9% for 3 years, too).
I expect the 2010 election to be a major eye opener,
I expect a currently unknown politician to win the WH in 2012.
I expect that Americans will be saving near 10% of there annual income by 2012, if not sooner.
As Bob say's, "The Times they are a changin".