jack kreg

Government Financing Slow to Drive Solar Deals

What is needed is de-regulation of the energy industry in general, let the market make prudent investments where they have future profitability.

Current areas, that would increase American jobs, would include;
-conversion of Americans transportation systems, for sure cars and trucks, to compressed NG, a cheap, abundant in USA, and clean burning fuel.
Also, systems to convert our coal supply into a clean burning liquid fuel that is free of toxic metals.

These moves are sooo compelling to any technically savvy person, the term "SLAM DUNK" comes to mind.

Both of these moves will create prosperity in the USA, instead of destroy it thru senseless subsidy's, paid for with borrowed money from Asia, which will indenture our children throughout their lifetimes.

State Budget Woes: Are We There Yet?

its beyond me and telling how states reduce expenses,
do they cut salary's, and maintain services, like a business would?? no
do they cut hours but not salary's, yes, this completely ignores the fact that States are supposed to provide services, roads, waterways, mountains, etc, but no services is not the priority, simply cut hours, saving money yes, but also reducing services and efficiency.

States need massive cuts in salarys and benefits, they are currently way overcompensating compared to private sector, where even 401K's are hard to find.
but in the public sector, 401K's are not good enough, they (public gov worker unions) demand, defined benefit retirements plus health care, essentially no where to be found in private sector.
The local school district, SoCal, just hired a director for $250,000 plus life time benefits, thats outrageous and must come to an end.

Why Does Congress Ask Fannie and Freddie to Guarantee Bad Loans?

of course the socialist Dems want the US taxpayer to back home loans to voters in their districts, they want to purchase their re-election with tax payer back home loans.
Who will qualify;
-anyone with 3% down payment, income verification, probably not.
-how about illegals, not even a citizen, anyone can qualify.
thats the socialist model, loved by so many Dems.

Vote out the socialist Dems in 2010, it the only hope for a recovery of our great American Capitalism.

Why This Rally Is Unsustainable

NS, you need some help with clarity. but you really just missed the real issue, Obama's socialism will not work. Yes, printing and borrowing money will prop up failed banks and auto's, but a sustained economic recovery is not in our future.
I expect high un-employment thru Obama's first term, easily over 10% for 4 more years. with that level of un-employment how can stocks appreciate? I think best strategy is for solid co's, international sales, and dividends. Possibly returning 4-7% annual. Much higher taxes on income and energy, both bad for jobs and the economy.
I wish you would have offered a clearly written summary, but thanks for trying.

Is Bank Nationalization Still an Option?

nationalization is dead, finally, the Bolshevik's have been driven back into the sea, hopefully gone forever.

Don't Blame Mark-to-Market for This Crisis

some how this article, should have been a conversation with a close friend at the bar over a series of strong drinks.
Railing against S Forbes on economic policy's M2M is not the authors strong point.
Maybe she should try her hand at writing sit com's, like Cheers, the bar seen and lots of gloom.

M2M is clearly undervaluing the assets of much of our financial industry, as was better said, by mplaut and bookvalue, thanks.

The Citi Franchise

"And when assets reach $1 trillion or thereabouts, banks start to become positively unmanageable -- it's simply not possible to effectively police risk in a financial institution of that kind of magnitude."
The author speaks with great authority from his global experience running Tillion dollar financial institutions.

Default Risk for Key Financials

I just realized today that taking interest rates to near zero about the globe has and will not put a bottom in the economic downturn, much less lead to recovery.

What will is something new for the global economy, tax cuts for all workers and employers. Reagan/Thatchers genius of the 80's worked for them, they learned from JFK who also used tax cuts to spring the economy back to life.

Coordinated tax cuts in all global economy's; UK, USA, EU and Asia!!

Time for Greater Oversight of Mortgage Lenders? Duh!

Mortgage oversite, how do I spot a dead beat borrower, without profiling or some other illegal method?

Time for Greater Oversight of Mortgage Lenders? Duh!

The author rants about recent history and speculates about the near future.

No End in Sight to Banking Crisis

SMARTGUY---NOT, you are abusing this site, by mouthing off like a commercial advertizing wonk. Don't use this site to promote your business.

No End in Sight to Banking Crisis

I love poster who write a few million words. The article is way tilted, like an editorial. I use both sides to make investment decisions. this author does not. I will buy all the shares of WB that the author wants to sell, with the price under $40. The author is badly mistaken about the real long term value in WB's securities. They are cash flowing at values much higher that they are trading at.