Mike K.

3 Comments

    • ON: Wed Jan 23rd 18:44 PM
      Commented on:
      ARM Bailout Unfair to Responsible Borrowers
      Oops! Another good example of why you shouldn't proof read your own work.

      Make that: When they realize that they CAN'T live the life they've become accustomed to on social security....
      View article »
    • ON: Tue Jan 22nd 18:04 PM
      Commented on:
      ARM Bailout Unfair to Responsible Borrowers
      I'm late to the party, but I'd like to add my two cents.

      Good job, Todd! I agree with you 100%

      I'm afraid this might be a prelude to the bailout of those who lived the high life rather than saving for retirement. Many of those who got into trouble flipping houses, living in houses that were clearly beyond their means or refinancing so that they could spend their phantom equity on luxuries will, undoubtedly, fall into this category. When they realize that they can live the life they've become accustomed to on social security, they'll be looking for Uncle Sam to provide them with supplemental income at the expense of those of us who lived within our means and saved for retirement.

      I don't expect this to happen right away, but if this bailout goes through, I expect to see it somewhere down the road.
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    • ON: Mon Jan 21st 19:05 PM
      Commented on:
      BHP Billiton: The Standout Choice
      Have you factored into your analysis the probable effects of a Rio Tinto takeover on BHP's balance sheet and their ability to weather hard times after expending a lot of their cash and taking on more debt to push the deal through? I'm not questioning your judgement, I haven't crunched the numbers and I'm interested in your thoughts, as you have obviously done due diligence on BHP. Both companies are down over 10% today in London. If they don't recover tomorrow morning in London, their ADRs should be a steal on the NYSE tomorrow.
      View article »
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