dilettantedude's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/145618/comments http://seekingalpha.com/article/172797-the-global-oil-scam-50-times-bigger-than-madoff?source=feed#comment-757024 757024
Billionaire Harold Hamm, head of Continental Resources, is cranking up capital spending in the hugely productive Bakken in North Dakota because he sees a shortage of oil. I'll take his deep, practical knowledge of world oil markets over conspiracy theory accounts based on hazy trading data any day.

The EIA obtains its data not from traders, but from actual measures of oil production and estimated reserves. They disagree totally with you, and have for several years now. There are some great charts on their website to show their summary of the data.

I'm assuming you aren't crazy enough to claim Hamm and the EIA (plus many others in academia, business and government) are part of your conspiracy, so I'd have to see a compelling explanation of where they are missing something huge before I'd take your conspiracy theory seriously over their data, on the ground savvy, and money.]]> Thu, 12 Nov 2009 10:07:56 -0500
Billionaire Harold Hamm, head of Continental Resources, is cranking up capital spending in the hugely productive Bakken in North Dakota because he sees a shortage of oil. I'll take his deep, practical knowledge of world oil markets over conspiracy theory accounts based on hazy trading data any day.

The EIA obtains its data not from traders, but from actual measures of oil production and estimated reserves. They disagree totally with you, and have for several years now. There are some great charts on their website to show their summary of the data.

I'm assuming you aren't crazy enough to claim Hamm and the EIA (plus many others in academia, business and government) are part of your conspiracy, so I'd have to see a compelling explanation of where they are missing something huge before I'd take your conspiracy theory seriously over their data, on the ground savvy, and money.]]> http://seekingalpha.com/article/149225-first-read-of-house-health-care-reform-act-h-r-3200?source=feed#comment-592228 592228

On Jul 17 01:03 PM jackooo wrote:

> Where does it say that the average or richer person has to subsidize
> other people or their children?
> I do not get the dependent tax write off. I did not have the pleasure
> of conceiving them.
> So what do I get? I get to pay for their schooling. Pay for their
> incarceration. Pay for their welfare. Pay for their medical care.
> Pay for their housing. Anddd now pay for their health insurance?
>
> Wise up democratic congress & Obama. I would like to keep some
> of the change you promised in MY pocket!!]]> Fri, 17 Jul 2009 13:44:35 -0400

On Jul 17 01:03 PM jackooo wrote:

> Where does it say that the average or richer person has to subsidize
> other people or their children?
> I do not get the dependent tax write off. I did not have the pleasure
> of conceiving them.
> So what do I get? I get to pay for their schooling. Pay for their
> incarceration. Pay for their welfare. Pay for their medical care.
> Pay for their housing. Anddd now pay for their health insurance?
>
> Wise up democratic congress & Obama. I would like to keep some
> of the change you promised in MY pocket!!]]> http://seekingalpha.com/article/149225-first-read-of-house-health-care-reform-act-h-r-3200?source=feed#comment-592217 592217
the us is the only industrialized country in the world that would rather use its money to maintain a huge offensive standing invasion force and kill foreigners for oil, than to pay for health care and a decent education for its citizens.

next time please do try to use some facts and an intelligent rationale.


On Jul 16 11:39 AM SPOTS wrote:

> As a medicare and health care insider, I have said for 3 years that
> it was absolutely certain that Congress would create a national insurance
> plan. The reason that it assuredly will happen is that medicare
> is in impossibly terrible shape. Much worse than the people understand.
> The numbers say it will fold in 2017. But even that near date paints
> it much better than it is.
>
> So the only way out is to bury the disastrous numbers in a national
> health plan. The plan is in 2 basic stages: 1) create a national
> insurance plan funded by taxpayers 2) merge it with medicare, probably
> under the guise of saving overhead costs. 3) Use the tax increases
> to prop up medicare.
>
> To summarize: much less medical care for much more tax, for everyone.]]> Fri, 17 Jul 2009 13:39:20 -0400
the us is the only industrialized country in the world that would rather use its money to maintain a huge offensive standing invasion force and kill foreigners for oil, than to pay for health care and a decent education for its citizens.

next time please do try to use some facts and an intelligent rationale.


On Jul 16 11:39 AM SPOTS wrote:

> As a medicare and health care insider, I have said for 3 years that
> it was absolutely certain that Congress would create a national insurance
> plan. The reason that it assuredly will happen is that medicare
> is in impossibly terrible shape. Much worse than the people understand.
> The numbers say it will fold in 2017. But even that near date paints
> it much better than it is.
>
> So the only way out is to bury the disastrous numbers in a national
> health plan. The plan is in 2 basic stages: 1) create a national
> insurance plan funded by taxpayers 2) merge it with medicare, probably
> under the guise of saving overhead costs. 3) Use the tax increases
> to prop up medicare.
>
> To summarize: much less medical care for much more tax, for everyone.]]> http://seekingalpha.com/article/148095-why-economic-dogma-threatens-our-future-prosperity?source=feed#comment-583942 583942
We had marginal federal tax rates then between 80% - 94%. They were 70% until Reagan, and we had a low, stable national debt. After Reagan cut taxes the national debt exploded. Not a debatable point except among the ignorant.

Yet we had the greatest rise in living standards in American history. We had the largest expansion of the middle class in human history. We had the greatest period of entrepreneurial capital and business formation in human history. We had the most fertile period of technological innovation in human history. On top of that, we built the institutional and physical infrastructure that we've been allowing to run down ever since Reagan, because we can't afford to keep it up.

The greed-mongers who think that if we pay higher taxes it will cause the decline of American business are simple, ignoramuses. They should just admit that they'd rather spend their money on SUVs and granite kitchen countertops than provide health care for the poor, and stop pretending to be human beings.]]> Sat, 11 Jul 2009 20:54:38 -0400
We had marginal federal tax rates then between 80% - 94%. They were 70% until Reagan, and we had a low, stable national debt. After Reagan cut taxes the national debt exploded. Not a debatable point except among the ignorant.

Yet we had the greatest rise in living standards in American history. We had the largest expansion of the middle class in human history. We had the greatest period of entrepreneurial capital and business formation in human history. We had the most fertile period of technological innovation in human history. On top of that, we built the institutional and physical infrastructure that we've been allowing to run down ever since Reagan, because we can't afford to keep it up.

The greed-mongers who think that if we pay higher taxes it will cause the decline of American business are simple, ignoramuses. They should just admit that they'd rather spend their money on SUVs and granite kitchen countertops than provide health care for the poor, and stop pretending to be human beings.]]> http://seekingalpha.com/article/110332-flash-is-still-not-alive-on-the-iphone?source=feed#comment-327717 327717 Fri, 12 Dec 2008 14:51:23 -0500 http://seekingalpha.com/article/106704-my-reconsideration-why-share-buybacks-are-pointless?source=feed#comment-310005 310005 Wed, 19 Nov 2008 12:31:22 -0500 http://seekingalpha.com/article/99112-deflation-changes-the-rules?source=feed#comment-277944 277944 Thu, 09 Oct 2008 14:37:16 -0400 http://seekingalpha.com/article/83852-cash-flows-earnings-quality-stock-returns?source=feed#comment-200317 200317
the FCF methodology makes sense from another viewpoint, also. wall street, and most other analysts, focus on EPS. because they do, that's what public companies manage. wall street does not focus on FCF, so it's a fairer representation of the true profitability of a company. all you have to do to see this is to graph FCF and EPS over several years. you can lay a ruler along the EPS bars, while the FCF bars jump all over the place.

nevertheless, a company with FCF/share consistently higher than EPS is almost by definiton being undervalued. it doesn't necessarily mean it's cheap, but clearly if real money/share is greater than manipulated EPS, and real money thus gets a lower multiple than "wall street money," something's wrong somewhere.]]> Mon, 07 Jul 2008 23:25:57 -0400
the FCF methodology makes sense from another viewpoint, also. wall street, and most other analysts, focus on EPS. because they do, that's what public companies manage. wall street does not focus on FCF, so it's a fairer representation of the true profitability of a company. all you have to do to see this is to graph FCF and EPS over several years. you can lay a ruler along the EPS bars, while the FCF bars jump all over the place.

nevertheless, a company with FCF/share consistently higher than EPS is almost by definiton being undervalued. it doesn't necessarily mean it's cheap, but clearly if real money/share is greater than manipulated EPS, and real money thus gets a lower multiple than "wall street money," something's wrong somewhere.]]> http://seekingalpha.com/article/83914-the-world-s-revenge?source=feed#comment-200310 200310 Mon, 07 Jul 2008 22:49:38 -0400 http://seekingalpha.com/article/81630-2-reasons-to-hold-a-u-s-stocks-dominated-portfolio?source=feed#comment-187073 187073 Tue, 17 Jun 2008 11:08:29 -0400 http://seekingalpha.com/article/79695-index-speculators-hoarding-commodities?source=feed#comment-177877 177877
Look, they buy 6 month futures contracts. A month before expiration they sell them and buy more 6 months (or whatever) contracts. There is no hoarding. There is no net buying. The futures buys and sells exactly cancel each other out. This means that futures prices must converge to cash prices in the spot market each day.

Next time you hear someone blame rising commodities prices on futures speculation, ask them to explain that.]]> Mon, 02 Jun 2008 09:53:12 -0400
Look, they buy 6 month futures contracts. A month before expiration they sell them and buy more 6 months (or whatever) contracts. There is no hoarding. There is no net buying. The futures buys and sells exactly cancel each other out. This means that futures prices must converge to cash prices in the spot market each day.

Next time you hear someone blame rising commodities prices on futures speculation, ask them to explain that.]]> http://seekingalpha.com/article/76109-the-wsj-is-wrong-on-the-housing-crisis?source=feed#comment-164213 164213 Thu, 08 May 2008 12:25:11 -0400 http://seekingalpha.com/article/72535-tinkering-with-inflation-calculations-the-pollyanna-creep-phenomenon?source=feed#comment-152298 152298 Thu, 17 Apr 2008 12:34:51 -0400 http://seekingalpha.com/article/72535-tinkering-with-inflation-calculations-the-pollyanna-creep-phenomenon?source=feed#comment-152297 152297 Thu, 17 Apr 2008 12:34:12 -0400 http://seekingalpha.com/article/70389-get-out-of-commodities-barron-s?source=feed#comment-133678 133678 Sun, 30 Mar 2008 12:05:02 -0400 http://seekingalpha.com/article/68643-waiting-for-mcdermott-international-to-correct?source=feed#comment-127601 127601 Mon, 17 Mar 2008 10:04:21 -0400 http://seekingalpha.com/article/67479-comparing-income-taxes-clinton-vs-bush?source=feed#comment-123635 123635 Fri, 07 Mar 2008 12:39:34 -0500 http://seekingalpha.com/article/67479-comparing-income-taxes-clinton-vs-bush?source=feed#comment-123631 123631 Fri, 07 Mar 2008 12:36:42 -0500