Syl's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/143402/comments http://seekingalpha.com/article/121870-bank-of-america-nationalization-would-shock-not-help-economy?source=feed#comment-399394 399394
Noone has mentioned the nationalization of GM, a company that would solve its problems if the $53 per hour production workers would take a $2 an hour reduction in pay. This action alone woud save GM $3,904,000 per day. Let's see--244,000 employees times $2 per hour for 8 hours equals $3,904,000 This figure does not take into account that skilled workers such as tool and die makers get up to $73 an hour. No politician has given a peep for this idea. The union has agreed to a small reduction in health benefits. Now if we get a national health bill the union has in effect given up nothing to save their jobs.]]> Sun, 22 Feb 2009 22:55:50 -0500
Noone has mentioned the nationalization of GM, a company that would solve its problems if the $53 per hour production workers would take a $2 an hour reduction in pay. This action alone woud save GM $3,904,000 per day. Let's see--244,000 employees times $2 per hour for 8 hours equals $3,904,000 This figure does not take into account that skilled workers such as tool and die makers get up to $73 an hour. No politician has given a peep for this idea. The union has agreed to a small reduction in health benefits. Now if we get a national health bill the union has in effect given up nothing to save their jobs.]]> http://seekingalpha.com/article/121129-the-democratization-and-in-accuracy-of-financial-data-bofa-s-share-price?source=feed#comment-394164 394164 Wed, 18 Feb 2009 17:21:27 -0500 http://seekingalpha.com/article/118097-three-electric-utilities-to-own-three-to-avoid?source=feed#comment-374981 374981 Tue, 03 Feb 2009 20:45:10 -0500 http://seekingalpha.com/article/118085-nationalize-u-s-banks?source=feed#comment-374975 374975 Tue, 03 Feb 2009 20:34:09 -0500 http://seekingalpha.com/article/116368-thain-s-undoing-thinking-he-s-worth-it?source=feed#comment-366079 366079 Sun, 25 Jan 2009 22:39:28 -0500 http://seekingalpha.com/article/114806-taxes-so-complicated-even-the-folks-in-charge-can-t-get-it-right?source=feed#comment-355804 355804
As a last resort I paid the IRS $39 for a copy of my tax return and they, after eight weeks, notified me they could not find a complete copy of my return. My original return was sent to the St. Louis office, but in my efforts I had to try to work with an employee in Texas. They did finally mail me a check of $39 to replace the original I had sent to them for a copy of my return. I'm still wondering what happened to that part of my return that was lost.

Finally, rather than pay an attorney a large fee I decided to pay the amount supposedly owed and then remembered that a former employee once told me "When you get into an argument with a skunk, you are going to lose."]]> Wed, 14 Jan 2009 14:26:31 -0500
As a last resort I paid the IRS $39 for a copy of my tax return and they, after eight weeks, notified me they could not find a complete copy of my return. My original return was sent to the St. Louis office, but in my efforts I had to try to work with an employee in Texas. They did finally mail me a check of $39 to replace the original I had sent to them for a copy of my return. I'm still wondering what happened to that part of my return that was lost.

Finally, rather than pay an attorney a large fee I decided to pay the amount supposedly owed and then remembered that a former employee once told me "When you get into an argument with a skunk, you are going to lose."]]> http://seekingalpha.com/article/112343-are-preferreds-staging-a-comeback?source=feed#comment-339449 339449 Sat, 27 Dec 2008 17:25:53 -0500 http://seekingalpha.com/article/112267-the-january-effect-explained?source=feed#comment-338344 338344 Thu, 25 Dec 2008 18:49:57 -0500 http://seekingalpha.com/article/108451-fast-money-recap-gm-and-ford-go-to-washington-11-28-08?source=feed#comment-317702 317702 Sun, 30 Nov 2008 16:29:59 -0500 http://seekingalpha.com/article/107701-can-a-broken-new-york-times-be-fixed?source=feed#comment-313996 313996 Mon, 24 Nov 2008 16:19:55 -0500 http://seekingalpha.com/article/106936-big-cap-financials-are-scary?source=feed#comment-311287 311287
Two things happened---one our highly paid beaucrats in Washington were asleep and BAC made a ludicrouse use of this loan. Will this $6 Billion purchase become a gift to that Communist nation? Remember, the government of China could nationalize their banks over night and take control all assets.

Did you know it would take one a lifetime to count to six billion? I once offered any student $20 who could write to one million during their Spring break. Some tried but after two days they gave up. Now, how much is one billion?]]> Thu, 20 Nov 2008 20:51:28 -0500
Two things happened---one our highly paid beaucrats in Washington were asleep and BAC made a ludicrouse use of this loan. Will this $6 Billion purchase become a gift to that Communist nation? Remember, the government of China could nationalize their banks over night and take control all assets.

Did you know it would take one a lifetime to count to six billion? I once offered any student $20 who could write to one million during their Spring break. Some tried but after two days they gave up. Now, how much is one billion?]]> http://seekingalpha.com/article/106049-what-does-bank-of-america-s-decline-mean-for-the-global-banking-system?source=feed#comment-311239 311239
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]]> http://seekingalpha.com/article/106563-tuesday-market-preview-down-further?source=feed#comment-309467 309467 Board always wins the salary, bonus, and stock options they requested for the CEO's. I voted no on a request for a 12-B option for a mutual fund. I got a long distance call from some person in the upper echelons who asked why I voted no. I said that 12-B provision would not benefit me one cent. They held another vote and it was approved. I dropped the investment and I have had no reason to regret my vote. ]]> Tue, 18 Nov 2008 21:15:03 -0500 Board always wins the salary, bonus, and stock options they requested for the CEO's. I voted no on a request for a 12-B option for a mutual fund. I got a long distance call from some person in the upper echelons who asked why I voted no. I said that 12-B provision would not benefit me one cent. They held another vote and it was approved. I dropped the investment and I have had no reason to regret my vote. ]]> http://seekingalpha.com/article/106445-general-electric-genuine-risk-of-collapse?source=feed#comment-308531 308531 Your article gave more information on GE than almost all financial papers combined.]]> Tue, 18 Nov 2008 00:03:36 -0500 Your article gave more information on GE than almost all financial papers combined.]]> http://seekingalpha.com/article/106014-how-will-banks-spend-their-bailout-money?source=feed#comment-306444 306444
The automotive companies were second in line for a handout and now cities and their lobbyists are descending on Washington with hat in hand.

Did any of these companies try to re-negotiate contracts and reduce long company paid vacations and high hourly salaries? Surely these workers would rather lose a little that would save their jobs. GM, Ford, and Chrysler will be right back with these same problems unless they can learn to build better cars at less cost. A bailout may be the answer for maybe a year and by then the above companies will be back wanting another bailout.]]> Fri, 14 Nov 2008 19:28:29 -0500
The automotive companies were second in line for a handout and now cities and their lobbyists are descending on Washington with hat in hand.

Did any of these companies try to re-negotiate contracts and reduce long company paid vacations and high hourly salaries? Surely these workers would rather lose a little that would save their jobs. GM, Ford, and Chrysler will be right back with these same problems unless they can learn to build better cars at less cost. A bailout may be the answer for maybe a year and by then the above companies will be back wanting another bailout.]]> http://seekingalpha.com/article/105548-combining-the-pickens-plan-and-an-auto-bailout?source=feed#comment-305705 305705 Thu, 13 Nov 2008 22:14:08 -0500 http://seekingalpha.com/article/105547-m-a-creating-even-more-too-big-to-fail-firms?source=feed#comment-304332 304332 Wed, 12 Nov 2008 14:32:01 -0500 http://seekingalpha.com/article/105152-early-stimulus-wears-off?source=feed#comment-302518 302518 Mon, 10 Nov 2008 21:03:49 -0500 http://seekingalpha.com/article/105033-rigel-pharmaceuticals-biotech-crisis-or-opportunity?source=feed#comment-302453 302453 Mon, 10 Nov 2008 19:35:02 -0500 http://seekingalpha.com/article/104862-detroit-is-hemorrhaging?source=feed#comment-301541 301541 Sun, 09 Nov 2008 22:40:26 -0500 http://seekingalpha.com/article/104869-cramer-s-mad-money-verizon-s-ivan-the-terrific-11-7-08?source=feed#comment-301329 301329 Sun, 09 Nov 2008 15:07:32 -0500 http://seekingalpha.com/article/102661-timing-the-market-ahead-of-elections?source=feed#comment-294528 294528 Thu, 30 Oct 2008 14:52:12 -0400 http://seekingalpha.com/article/99788-long-ideas-for-this-volatile-market?source=feed#comment-290041 290041
To get farther out you could have mentioned some gold stocks or fertilizer stocks. ]]> Fri, 24 Oct 2008 22:20:30 -0400
To get farther out you could have mentioned some gold stocks or fertilizer stocks. ]]> http://seekingalpha.com/article/63563-wall-street-breakfast-must-know-news?source=feed#comment-115467 115467 Sat, 09 Feb 2008 21:50:00 -0500 http://seekingalpha.com/article/60361-us-bancorp-is-whistling-through-the-graveyard?source=feed#comment-114544 114544 Mon, 04 Feb 2008 19:55:52 -0500 http://seekingalpha.com/article/62888-asset-allocation-the-only-game-in-town?source=feed#comment-114536 114536 Mon, 04 Feb 2008 19:26:01 -0500