eternitus's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/138542/comments http://seekingalpha.com/article/161503-doug-kass-bearish-on-equities?source=feed#comment-677440 677440
Gets a little dicey with the financials...]]> Tue, 15 Sep 2009 11:18:36 -0400
Gets a little dicey with the financials...]]> http://seekingalpha.com/article/159415-manufacturing-will-this-be-a-v-shaped-recovery-after-all?source=feed#comment-658014 658014
Very good post and things do seem to be turning a corner. The Fed has put the pedal to the metal and are determined not to let things fall apart, even if they have to allow for high inflation. A key issue will be to keep the banks from collapsing. Lots of bad loans (not securities, which are marked to market) festering on their books to absorb. I think that can and will be done.]]> Wed, 02 Sep 2009 09:01:24 -0400
Very good post and things do seem to be turning a corner. The Fed has put the pedal to the metal and are determined not to let things fall apart, even if they have to allow for high inflation. A key issue will be to keep the banks from collapsing. Lots of bad loans (not securities, which are marked to market) festering on their books to absorb. I think that can and will be done.]]> http://seekingalpha.com/article/141170-why-did-bernanke-say-what-he-said?source=feed#comment-530505 530505
Bernanke knows that if politicians are left to their own designs, they will spend right up until the point the system implodes (just as they looked the other way with the housing market). Having to raise taxes or cut spending are not good for reelection... rising asset prices and government handouts are.

Bernanke knows that the politicians will run us into the ground, and the fact that our destination in "cutting the deficit" is to reduce it to $500 billion in a couple of years speaks volumes.

Since we won't get our house in order, we will be faced with inflation and currency devaluation. Bernanke knows this is the endgame, and he must feel his duty is to do what he can to prevent this. I hope he succeeds but am not optimistic.]]> Wed, 03 Jun 2009 15:25:40 -0400
Bernanke knows that if politicians are left to their own designs, they will spend right up until the point the system implodes (just as they looked the other way with the housing market). Having to raise taxes or cut spending are not good for reelection... rising asset prices and government handouts are.

Bernanke knows that the politicians will run us into the ground, and the fact that our destination in "cutting the deficit" is to reduce it to $500 billion in a couple of years speaks volumes.

Since we won't get our house in order, we will be faced with inflation and currency devaluation. Bernanke knows this is the endgame, and he must feel his duty is to do what he can to prevent this. I hope he succeeds but am not optimistic.]]> http://seekingalpha.com/article/140357-how-todays-2-46-dividend-yield-could-destroy-your-wealth?source=feed#comment-524480 524480 Sat, 30 May 2009 16:48:53 -0400 http://seekingalpha.com/article/126229-the-roubini-portfolio?source=feed#comment-428619 428619
Hypocrites.]]> Mon, 16 Mar 2009 23:00:58 -0400
Hypocrites.]]> http://seekingalpha.com/article/124602-the-rally-when-it-comes-will-be-a-doozy?source=feed#comment-416765 416765 Fri, 06 Mar 2009 20:03:49 -0500 http://seekingalpha.com/article/124622-should-google-be-paying-a-dividend?source=feed#comment-416751 416751 Fri, 06 Mar 2009 19:48:22 -0500 http://seekingalpha.com/article/123737-ism-index-suggests-an-important-inflection-point?source=feed#comment-410657 410657 Tue, 03 Mar 2009 07:20:23 -0500 http://seekingalpha.com/article/123728-don-t-worry-about-consumer-debt?source=feed#comment-410652 410652
So, this chart excluding the top 10% or top 20% of earners is what I would like to see... probably somewhat more alarming.
]]> Tue, 03 Mar 2009 07:13:24 -0500
So, this chart excluding the top 10% or top 20% of earners is what I would like to see... probably somewhat more alarming.
]]> http://seekingalpha.com/article/123285-for-insurance-companies-is-a-crisis-looming?source=feed#comment-406809 406809 Do some research and see how different it is for the younger generations (x and especially Y). The system you helped build forced them into enormous amounts of debt (college is much more expensive than it has ever been when adjusted for incomes.... impossible for them to buy affordable homes, which bebefited boomers at the expense of first time buyers, etc.). That is the "support" that the younger generation has received. Now, look at the difference between social security 20 years ago and now... used to be something like 10+ workers for every retiree and now, when the boomers retire there will be 3. that means younger generations will have to shell out much more on a relative basis than the boomers did. Do I even need to mention the debt boomers are leaving behind? Boomers have damaged this country... good thing America is too good to ruin.

Don't worry... when you are old and out of power, we'll get you back.

]]> Sat, 28 Feb 2009 06:40:01 -0500 Do some research and see how different it is for the younger generations (x and especially Y). The system you helped build forced them into enormous amounts of debt (college is much more expensive than it has ever been when adjusted for incomes.... impossible for them to buy affordable homes, which bebefited boomers at the expense of first time buyers, etc.). That is the "support" that the younger generation has received. Now, look at the difference between social security 20 years ago and now... used to be something like 10+ workers for every retiree and now, when the boomers retire there will be 3. that means younger generations will have to shell out much more on a relative basis than the boomers did. Do I even need to mention the debt boomers are leaving behind? Boomers have damaged this country... good thing America is too good to ruin.

Don't worry... when you are old and out of power, we'll get you back.

]]> http://seekingalpha.com/article/116979-obama-s-bad-bank-plan-is-a-turning-point?source=feed#comment-368367 368367 Wed, 28 Jan 2009 08:06:14 -0500 http://seekingalpha.com/article/112902-the-lending-lunacy-continues-as-gmac-gives-out-more-bad-loans?source=feed#comment-343207 343207 Thu, 01 Jan 2009 08:45:32 -0500 http://seekingalpha.com/article/112907-gmac-three-key-questions?source=feed#comment-343194 343194
As a culture, we have gone totally insane. Who are we? What have we become?
]]> Thu, 01 Jan 2009 08:29:02 -0500
As a culture, we have gone totally insane. Who are we? What have we become?
]]> http://seekingalpha.com/article/112706-government-s-best-move-in-2008-letting-lehman-fail?source=feed#comment-342347 342347 GM) that has lost 72 billion over the last 5 or so years and not demand any sort of change. Drives me crazy.]]> Wed, 31 Dec 2008 09:05:38 -0500 GM) that has lost 72 billion over the last 5 or so years and not demand any sort of change. Drives me crazy.]]> http://seekingalpha.com/article/109460-free-lunch-for-bernanke-and-paulson?source=feed#comment-323968 323968
Sadly, I'm beginning to doubt that there is any recourse. Even sadder... why as a bank would I care about underwriting standards if the government can print money at any time and bail me out when loans turn sour?]]> Mon, 08 Dec 2008 13:21:41 -0500
Sadly, I'm beginning to doubt that there is any recourse. Even sadder... why as a bank would I care about underwriting standards if the government can print money at any time and bail me out when loans turn sour?]]> http://seekingalpha.com/article/109496-low-rates-big-problems?source=feed#comment-323899 323899
We have become addicted to not just low, but constantly declining interest rates... politically influenced, of course (no politician wants us to "take our medicine" on his watch... not good for job security... as such, the natural tendency is to lower rates in bad times, and not raise them quite as much as we should in good times, resulting in a steady downward march to zero and a steady upward march in asset prices and reelection prospects).

A childish tendency to stop markets from correcting on the downside (but a great eagerness to let them fly on the upside) has led to tremendous imbalances in our economy. These are starting to unwind now, and we should not interfere the process. Paul Volcker was the last guy to force us to take our medicine, and our reward was a 20-year period of prosperity. Thank goodness he is involved again.]]> Mon, 08 Dec 2008 12:22:31 -0500
We have become addicted to not just low, but constantly declining interest rates... politically influenced, of course (no politician wants us to "take our medicine" on his watch... not good for job security... as such, the natural tendency is to lower rates in bad times, and not raise them quite as much as we should in good times, resulting in a steady downward march to zero and a steady upward march in asset prices and reelection prospects).

A childish tendency to stop markets from correcting on the downside (but a great eagerness to let them fly on the upside) has led to tremendous imbalances in our economy. These are starting to unwind now, and we should not interfere the process. Paul Volcker was the last guy to force us to take our medicine, and our reward was a 20-year period of prosperity. Thank goodness he is involved again.]]> http://seekingalpha.com/article/108337-is-google-s-goose-cooked?source=feed#comment-316844 316844 Fri, 28 Nov 2008 14:06:10 -0500 http://seekingalpha.com/news/market_currents/post/11975?source=feed#comment-313494 313494
I'll take a $20k handout from the government and a 3% loan, though. Sign me up!]]> Mon, 24 Nov 2008 08:54:27 -0500
I'll take a $20k handout from the government and a 3% loan, though. Sign me up!]]> http://seekingalpha.com/article/107346-bail-out-capitalism-not-detroit?source=feed#comment-312073 312073 Fri, 21 Nov 2008 16:38:35 -0500 http://seekingalpha.com/article/107346-bail-out-capitalism-not-detroit?source=feed#comment-312068 312068 Fri, 21 Nov 2008 16:34:20 -0500 http://seekingalpha.com/article/107314-google-has-more-room-to-fall-merriman?source=feed#comment-311808 311808
Nothing more than a cheap shot taking aim at stock under pressure as hemorrhage funds are unloading. In January, this stock takes off like a rocket. The lower it goes, the higher it will fly.]]> Fri, 21 Nov 2008 11:50:46 -0500
Nothing more than a cheap shot taking aim at stock under pressure as hemorrhage funds are unloading. In January, this stock takes off like a rocket. The lower it goes, the higher it will fly.]]> http://seekingalpha.com/article/107278-gm-buyout-better-than-bailout?source=feed#comment-311490 311490 Fri, 21 Nov 2008 06:50:49 -0500 http://seekingalpha.com/article/107166-s-p-100-p-e-ratios-how-low-can-they-go?source=feed#comment-311253 311253 Thu, 20 Nov 2008 19:30:02 -0500 http://seekingalpha.com/article/106957-exploiting-the-downside-of-the-markets?source=feed#comment-310669 310669
Instead of simply cementing losses, you set them up for total annihilation if the market rallies.]]> Thu, 20 Nov 2008 08:30:00 -0500
Instead of simply cementing losses, you set them up for total annihilation if the market rallies.]]> http://seekingalpha.com/article/106975-the-good-the-bad-and-the-ugly-in-bank-loans?source=feed#comment-310594 310594 Thu, 20 Nov 2008 06:58:01 -0500 http://seekingalpha.com/article/106407-the-28-33-mortgage-payment-rule-confronting-reality?source=feed#comment-310183 310183
Why should I have to pay 5-10% more of my income than somebody did in 2000 for shelter. This is why our economy is tanking... that 5-10% of income that would ordinarily go to consumption is going to service debt.]]> Wed, 19 Nov 2008 15:34:04 -0500
Why should I have to pay 5-10% more of my income than somebody did in 2000 for shelter. This is why our economy is tanking... that 5-10% of income that would ordinarily go to consumption is going to service debt.]]> http://seekingalpha.com/article/106501-valuing-stocks-during-a-recession?source=feed#comment-309171 309171
I'll keep buying right through the bottom... wherever that is. Very nice dividend opportunities out there.]]> Tue, 18 Nov 2008 14:50:14 -0500
I'll keep buying right through the bottom... wherever that is. Very nice dividend opportunities out there.]]> http://seekingalpha.com/news/market_currents/post/11598?source=feed#comment-308984 308984
"With all of the appraisal fraud going on out there helping to get people into crazy f***ing mortgages that they couldn't possibly repay, proper valuation is a daunting task"

... I must have missed that press release.
]]> Tue, 18 Nov 2008 12:00:48 -0500
"With all of the appraisal fraud going on out there helping to get people into crazy f***ing mortgages that they couldn't possibly repay, proper valuation is a daunting task"

... I must have missed that press release.
]]> http://seekingalpha.com/article/106310-buffett-increases-stake-in-cop-smart-move?source=feed#comment-308923 308923 Tue, 18 Nov 2008 11:12:29 -0500 http://seekingalpha.com/article/106430-economic-conditions-force-27-to-put-homeowner-plans-on-hold?source=feed#comment-308452 308452 Mon, 17 Nov 2008 20:57:26 -0500