PANAMA JACK's Comments

How to Fix the Fed - A Lesson from AIG

Wed, 02 Dec 2009 08:52:11 -0500

I like your comment, and I'm going to apologize to anyone who get's
offended by this, but is their a reason why you forgot to capitalize
the (G) in God's. Or did you mean some other word?

On Dec 01 01:20 PM Moon Kil Woong wrote:

> The Fed still hasn't learned and is at it again. For instance, today
> AIG rose as it closed a pact with the New York Federal Reserve Bank
> that slashes its debt under a credit facility by more than half.
> This is once again transferring intransparent losses and liabilities
> from AIG to the public in full. I don't see the shareholders of AIG
> willing to commit their own funds to god's work. What makes them
> so free handed in commiting public backed funds. Oh sorry, the Fed's
> independend right; and my brain is a seperate entity from my body.
>
>
> I'm sorry but the Fed's actions are in self interest to the banker's
> club they are from. There is no altuistic bone in their body.

What Will the U.S. Economy Look Like in 10 Years? Look to Greece

Sun, 29 Nov 2009 10:22:17 -0500

I am truly sadden by this hole mess, but I'm sure some of us saw it coming.
There is a utube video that all of you should see, if you haven't already
seen it, it's a must. It's about 2hrs an half long.(THE FALL OF THE REPUBLIC).
Maybe the end is not what we taught it was going to be.
It could be the end of freedom as we perceived it.
In GOD WE TRUST, GOD BLESS AMERICA.

Another Crisis Looms Right Around the Corner

Wed, 25 Nov 2009 14:29:22 -0500

I'm hoping that GOD one day will bring His wrath upon the Washington cronies that started and continue to fuel the demise of this great nation!
Sir, that's a great article, thank you.

Show Me Economic Expansion, Chairman Bernanke

Mon, 23 Nov 2009 08:24:49 -0500

One can always tell when an article hits a nerve, by the number of comments it produces. About 85% of you realize what's really going on, the others are still trying to figure out which side of the fence the grass is greenest. Face it, we are in a shooting gallery, we the American taxpayer, are the ducks. So figure out who is in the drivers seat! Our tax dollars went to some of the big banks to keep their grass greener, not too help any of the us. I guess this was all to be expected, seeing that it was put in play back in 2002. Some of the them are back in, the ones helped with this fiasco.

S

Charlie Gasparino: Another Crash 'Has to Happen Again'

Fri, 06 Nov 2009 08:54:00 -0500

I agree with all that as been said, but we have to remember that the American people have a tendency to forget. History has a tendency to repeat itself, we just can't connect the dots!
In this country, it seems that the crooks on top get rewarded, we the American people get punished, again!
This must not have been part of the change?

Six Double Digit Dividend Stocks Increasing Their Yields

Sat, 26 Sep 2009 19:46:01 -0400

Temperance, I personally think you may be on to something.
Are we all being led into the slaughter house?
.

On Sep 26 12:13 PM Temperance wrote:

> After crunching the numbers, I think that HTS is my favorite. Though
> a very young REIT, they have had impressive success. I am looking
> to buy in at $25-30 if it ever hits that point again. I am, admittedly,
> a greenhorn investor and not a gambler but, in this market environment
> I am trying to think as a contrarian while, at the same time, I am
> struggling to find something real that I can put my money into. I
> wonder if I am just being naive? Any thoughts?

Dollar Nearing a Critical Level

Thu, 24 Sep 2009 08:32:36 -0400

I've learned a lot from all the blogger's on Alpha, but I feel
that the greenback is circling a black hole.

There Are No Good Choices for the Fed

Sun, 13 Sep 2009 21:07:56 -0400

We are at a point in time that we can only believe what affects us.
All the ellected officials feed us the info that they feel we should here, but is it the truth?
Fact is the economy is in a slump, bad one at that.
This is not a (v) shaped recovery no matter how much papper they
print.
Soon or latter the piper needs to be paid!

What's Plausible for the Fiscal Outlook?

Mon, 31 Aug 2009 10:15:57 -0400

The article as merit, the comments have merit, and no way we are getting out of this mess to soon without raising taxes. But it's unfortunate because the american taxpayer is allready buckling and we are the engine that's keeping the this fragile economy going.
I am realy surprise that no one is talking about the pork barrels that the tops have been removed, they are like wishing wells for washinghton insiders.
I just watched a video on you-tube that realy got me going, but I wasn't surprise that the B.S. is still going on!
The federal government is sinding millions to an airport in PA.
that twenty people use everyday.Dah!
I can understand needed spending, but this is B.S.

Stay Away from AIG - Barron's

Sun, 30 Aug 2009 11:55:45 -0400

When you say "you" who do you mean?
I personallly never owned AIG it allways appeared too rich for me.
I certainly never shorted that stock or any other stock for that matter.FYI
But it appears that you might have been exposed to the virus.

On Aug 30 11:02 AM greenegggs wrote:

> You might want to explain why Barron was telling everyone to buy
> buy buy buy AIG in 2008 before it crashed, now you are bearish after
> you cost so many people money from listening to you?
>
> AIG currently trading at $50=$2.50 pre-reverse split, so the stock
> really isn't trading very high at all. Not like when it was trading
> at those high levels that you told everyone to buy at in 2008!

>
> Are you short or something?

Stay Away from AIG - Barron's

Sun, 30 Aug 2009 10:32:48 -0400

All of us can see that a nerve as been jiggled, with this article on AIG.
Everything that I write his strickley my opinion, and yes I do try not to make mistakes on spelling or composition, but I do lots of times.
The only real money going into AIG his yours and the government is giving them your tax dollars. It does'nt matter which account they tap into, it is still your tax dollar. If the government needs more they either print more or tax the AMERICAN CITIZENS, so either way we loose.
The U.S. Government is not in the manufactoring business, or are they? They don't make a profit for goods produced, so they can keep propping up companys that the overpaid executives failed to do. All this money is only being used to propup failed corporations balance sheets.
If any out there bought AIG @1.00 do what you need to do and don't look back, because the well will run dry and the dollar,?? it's like a dommino affect.
I hope I'm tottaly wrong.
This was a virus that was created to dissrail the econamy and know the creators of this virus are trying to find a vaccine

Pace of Insider Sales Continues to Escalate

Sat, 29 Aug 2009 11:52:20 -0400

Every comment that is bieng published has merit, but I feel that we the
average investor are nothing but cattle being led to the slaughter house. It's our hard earned dollar that they want.
The norm was buy and hold for the future. We where given all kinds
of incintives to invest. Well, the future his here for a lot of us and guess what, you best find another job to maintain, if you can.
A lot of companys are reporting profits, is it because they are selling more or cutting personal? I think it's the ladder of the two.
What will happen when the bond holders of other countries start selling because the risk too great?

What Can Stop This Market Rally?

Fri, 28 Aug 2009 23:44:47 -0400

This economy is like a house of cards, being built on a quick sand pit,
being fed infomation by false prophets.
One of you mentioned the next two months will determined the outcome, I agree.

Good News for the Economy: Consumer Is Gaining Confidence

Wed, 26 Aug 2009 11:06:53 -0400

Whom do they ask, about confidence in the economy?
Are we to believe everything that is being said?
With all the money that's being printed, which makes the
bubble get bigger and the worth of the dollar get smaller.
Are we the (THE CITIZENS OF THIS GREAT COUNTRY
ABOUT TO BE BLINDSIDED AGAIN)?

What's the Right Price for Oil?

Sun, 27 Jul 2008 08:49:57 -0400

I beleive that fuel consumption and speed go together
the fast you drive the more fuel you burn, actually its a
fact.
So if the owners of vehicles that have a high consumption
rating slowed down to the posted speed, and are stuck in these
vehicles, we as a country could see a big savings.
Use less, reserves go up and prices go down, hopefully.
Just an idea.