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  • Trade Deficit with China Continues to Expand: Why?  [View article]
    "China's job-stealing policy"

    Is that a proper and fair words ?

    How many American want the factory work in China ?

    Do you know how much a Chinese worker earn ?

    Do you know there is a economical term call "Comparative advantage" ?
    Aug 13 11:13 am |Rating: +4 -3 |Link to Comment
  • GE: The Decimation Continues [View article]
    The following is from GE's 2008 Annual Report P 52,

    www.ge.com/ar2008/pdf/...

    in million US$

    Total Shareowner's equity 104,665

    Goodwill Assets 81,759

    Other intangible assets - net 14,977

    That means tangible common equity 7,929

    Total liabilities 684,157

    Insane gearing 86X tangible book, sound familiar like FNM or FRE.


    This is the iconic model of American AAA corporations.
    Mar 05 14:21 pm |Rating: +2 -1 |Link to Comment
  • BofA, Wells Fargo: No Equity After Accounting for Bad Loans [View article]
    The Balance Sheet of GE is also full of "hot air".


    The following is from GE's 2008 Annual Report P 52,

    www.ge.com/ar2008/pdf/...

    in million US$

    Total Shareowner's equity 104,665

    Goodwill Assets 81,759

    Other intangible assets - net 14,977

    That means tangible common equity 7,929

    Total liabilities 684,157

    Insane gearing 86X tangible book, sound familiar like FNM or FRE.


    This is the iconic model of American AAA corporations.
    Mar 05 14:18 pm |Rating: +3 -5 |Link to Comment
  • As GM Goes, So Goes the Nation (Part 2) [View article]
    Thank you for the GM Story !
    Feb 26 13:10 pm |Rating: 0 0 |Link to Comment
  • Credit Card Crunch [View article]
    US consumers are insane. Why take credit card loan and pay the expensive interest. If you don't have the money, Don't spend !!! Spend when you have the money. STUPIT !!!
    Dec 01 14:12 pm |Rating: +1 0 |Link to Comment
  • Inflation: It Could Be Worse - A Lot Worse [View article]
    What a Ph.D.
    May 29 07:38 am |Rating: 0 0 |Link to Comment
  • Inflation: It Could Be Worse - A Lot Worse [View article]
    This inflation graph is a joke. Who would believe these numbers ?
    May 29 07:36 am |Rating: 0 0 |Link to Comment
  • The White Elephant That Could Destroy Your Portfolio, Part I [View article]
    A similar article from PIMCO,s Bill Gross state that the official inflation numbers are fraudulent.


    www.pimco.com/LeftNav/...


    You can fool some of the people all of the time,
    and all of the people some of the time,
    but you cannot fool all of the people all of the time.
    – Abraham Lincoln


    I prefer to trust Bill Gross and Paul Volcker rather than Greenspan and Bernanke who just care about their Wall Street friends.
    May 29 06:40 am |Rating: 0 0 |Link to Comment
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