Dave M.

Wall Street Breakfast: Must-Know News

But that rail car company still made a profit, not a loss! Spare parts and services must have been enough. Let's get rid of Obama and put the rail car CEO in as prez. He must run a lean and mean operation.

Wall Street Breakfast: Must-Know News

Clueless politican says..""The American people and I are asking a serious question and one that deserves a straight answer – why are health insurance costs going up each year?"" Sen. Jay Rockefeller said.

Dear idiot Senator, the reason is that government is already too involved in healthcare. If you would GET OUT, then the situation would be much more affordable.

A Cyclical Guide to CEF and ETF Investing

Add TPZ to the energy CEF's

Wall Street Breakfast: Must-Know News

andrew baker said..""The authorities complain about a rise in financial fraud: what are they talking about? They are perpetrating the biggest financial fraud of all time with their quantitative easing and use of tax dollars to support an oligarchy and make everyone else suffer>""

Not to mention the notorious ponzi scheme known as the social security trust fund in which there is no trust and there are no funds.

doubleguns said..""That's because we are toast!! With govt run healthcare, cap n trade and possibly VAT we will be "Milk Toast". ""

Then there is the new soda tax, beer tax, increased state sales tax. It almost makes you want to take up smoking to calm your nerves and go for a leisurely drive in the country...but wait..arn't there new taxes on gas and tobacco too?? Republicans borrow and spend, Democrats tax and borrow and spend...like crazy

Wall Street Breakfast: Must-Know News

sinkerman, my favorite example to use is....Poker players who play "loose", will "lose" lots of money.

Wall Street Breakfast: Must-Know News

Suzanne, sorry to correct you, but it is "losing". not "loosing". It never ceases to amaze me that so many people can misspell a simple four letter word like "lose", or does everyone have a stuck "o" key on their keyboard?

CNinsure: China's Prudential?

Thanks for the humorous post. With CISG, it looks like it is a Chinese version of a roll-up, which have a somewhat notorious reputation here in the US when companies would buy up mom&pop companies to add to their empire. There have been so many cases of questionable accounting with these. Jailbird Dennis Kozlowski's company comes first to mind.

Wall Street Breakfast: Must-Know News

Unions in bed with the Democrats in Illinois, as usual, while the unions suck the blood out of the corporations as they have done for decades. And people complain about the Republicans!

Slamming the Brakes on GM - Barron's

When the trade deficit stops including oil imports in it's numbers, then I'll start paying attention to it. Until then, it's a compromised number. Getting back to the US carmakers, the main problem is that for many,many years they were paying high school dropouts $90,000 a year to screw nuts on bolts. And then a lavish pension based on that inflated paycheck. No wonder the big three carmakers are failing. Greedy unions gutted these companies and the companies caved in every time they were the "strike target" that year when the UAW contract was up. Don't tell me I don't know what I'm talking about, I've been around for a long time and got older and wiser.


On Nov 09 12:45 PM Mister Jimmy wrote:

> Dave M, your comment "I would think that parts suppliers sell to
> them to" is remarkable. Before you suggest something that could have
> devastating consequences, understand what you're talking about. As
> far as us feeling no worse for wear on the failure of the U.S. TV
> manufacuring industry, have you checked the trade deficit lately?

Slamming the Brakes on GM - Barron's

The TV manufacuring industry failed in the US, (RCA, Magnavox, Philco, DuMont) and we are no worse for the wear since we didn't bail them out. Let the big three fail. Creative destruction, I say. Many foreign car makers have plants here in the US. Probably WITHOUT UNIONS. I would think that parts suppliers sell to them to, so the domino effect might not be so damaging as one would think.

Bailout Should Be A Windfall For Taxpayers - Barron's

This is what happens when you go with the liberal agenda of the "ownership society" and "community reinvestment" and everyone should own a house. Fact is, George Bush tried to warn us about the dangers of Fannie and Freddie but the Dems wouldn't listen. Liberalism is hazardous to the country's health.

$300/Barrel Oil Is Coming - Barron's Interview

Canroys are not safe. Never underestimate the ability of socialist governments to seize corporate wealth. Back in October of 2006, these Canroys took a huge hit when the govt. decided to tax the hell out of them. Check the charts. Many have never recovered, even though the price of oil has spiked. BEWARE.

Which International Income ETF To Buy?

""The discount is so high it makes me believe the fund is holding some illiquid assets.""

You think that 12% discount is high? In CEF land, that's not very high. And I'm amused that you think the fund is holding illiquid assets just because you think the discount is high.

Wall Street Breakfast: Must-Know News

""Global oil exports shrunk by 2.5% in 2007, despite 57%-higher prices -- seemingly defying logic. ""

It doesn't defy logic when you subscribe to the peak oil theory. Just about all oil exporting nations are suffering from declines in their rate of pumping out their oil. Fact is..North Sea is in decline, Mexico also, etc. etc. Therefore, less oil to ship. Price has nothing to do with it.

Wall Street Breakfast: Must-Know News

Eli, it's time to ban dectra from posting. That's two days in a row he has to interject politics into this forum. What will you do?