hanson001's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/153460/comments http://seekingalpha.com/article/176570-wall-street-breakfast-must-know-news?source=feed#comment-790125 790125 BAC) the latest to do so on Wednesday after it said it will repay the $45B it borrowed."

So if a bank says it will do something, it is as good as "taking it to the bank" ?]]> Fri, 04 Dec 2009 09:30:51 -0500 BAC) the latest to do so on Wednesday after it said it will repay the $45B it borrowed."

So if a bank says it will do something, it is as good as "taking it to the bank" ?]]> http://seekingalpha.com/article/175060-another-crisis-looms-right-around-the-corner?source=feed#comment-777186 777186
Purchased 1000 rounds of 7.62 X 39 mm (AK rounds made in Russia) from Atlantic Firearms last month for about $260. That would make the cost of each round 0.26 cents. I remember buying 7.62 rounds for 0.10 cents not even five years ago.

"Wow! I’ve found where the survivalist wing of the perma-bear cult spends their spare time while not checking the catalogs for crossbow accessories." That's a good one!

Wish I had a place to store real commodities: copper, wood products, grains, ect..,since one can not trust anything he/she reads and placing one's money in equities and bonds or any derivative of such only brings about losing 40% or more of it's value every 7 years or so.]]> Wed, 25 Nov 2009 11:19:35 -0500
Purchased 1000 rounds of 7.62 X 39 mm (AK rounds made in Russia) from Atlantic Firearms last month for about $260. That would make the cost of each round 0.26 cents. I remember buying 7.62 rounds for 0.10 cents not even five years ago.

"Wow! I’ve found where the survivalist wing of the perma-bear cult spends their spare time while not checking the catalogs for crossbow accessories." That's a good one!

Wish I had a place to store real commodities: copper, wood products, grains, ect..,since one can not trust anything he/she reads and placing one's money in equities and bonds or any derivative of such only brings about losing 40% or more of it's value every 7 years or so.]]> http://seekingalpha.com/article/174807-wall-street-breakfast-must-know-news?source=feed#comment-773244 773244
I was starting to get conditioned. Thanks man.]]> Mon, 23 Nov 2009 09:59:58 -0500
I was starting to get conditioned. Thanks man.]]> http://seekingalpha.com/article/164572-this-recession-aint-over?source=feed#comment-703191 703191
Check out how many changes has been made to the CPI over the years. For instance, how can one measure the substitution effect, which is now a factor, to produce inflation numbers anyone would believe? All these "political changes" are screwing up what was once a great tool of measuring inflation. But changes also take place on the collection end of this data.

It's all way too complex for any reasonable person to collect. It's easy enough to collect data in a grocery. But try collecting price data from hospitals, repair shops, lawyers, and car dealerships, for example, and you run into a less than honest respondent on top of very complex data. Think about that real hard my gentle reader.

Add to this the way that government promotes people and you end up with management that wants everything perfect, but doesn't want to hear about how the data might not be correct. Do not ask and do not tell. Just like the teachers unions, they have to protect their secure income flow environment. And like our nation's policies, "leave it to the next generation to figure out."

Can not trust a damn thing anymore! Welcome to the new normal. ]]> Mon, 05 Oct 2009 00:59:42 -0400
Check out how many changes has been made to the CPI over the years. For instance, how can one measure the substitution effect, which is now a factor, to produce inflation numbers anyone would believe? All these "political changes" are screwing up what was once a great tool of measuring inflation. But changes also take place on the collection end of this data.

It's all way too complex for any reasonable person to collect. It's easy enough to collect data in a grocery. But try collecting price data from hospitals, repair shops, lawyers, and car dealerships, for example, and you run into a less than honest respondent on top of very complex data. Think about that real hard my gentle reader.

Add to this the way that government promotes people and you end up with management that wants everything perfect, but doesn't want to hear about how the data might not be correct. Do not ask and do not tell. Just like the teachers unions, they have to protect their secure income flow environment. And like our nation's policies, "leave it to the next generation to figure out."

Can not trust a damn thing anymore! Welcome to the new normal. ]]> http://seekingalpha.com/article/162713-wall-street-breakfast-must-know-news?source=feed#comment-685950 685950
Yes the devil made me do it.]]> Tue, 22 Sep 2009 08:33:19 -0400
Yes the devil made me do it.]]> http://seekingalpha.com/article/159978-wall-street-breakfast-must-know-news?source=feed#comment-661803 661803
From my understanding of SDRs, they are made up of a basket of currencies of which the U.S. dollar makes up around 45% of the basket. The IMF can change the weight of the dollar (in the basket) based on exchange rates. If you purchase these, are you really diversifying away from the U.S. dollar?

If China wants diversification of its reserves why not just buy the other major currencies in the basket (from Europe, Japan, and Great Britain) in the currency market? Is the IMF the new satan?

It makes no sense for China to desire a weaker dollar however. Like Japan, it's in their interest to have a strong dollar and thus great dollar reserves. This closes the trade imbalance loop and keeps their goods and services affordable to U.S. consumers, though I understand they worry about their dollar investments depreciating. Still what do you do? If I were China, I would purchase hard U.S. assets with that ocean of dollars. It looks like a perfect time for them to be shopping.]]> Fri, 04 Sep 2009 11:00:42 -0400
From my understanding of SDRs, they are made up of a basket of currencies of which the U.S. dollar makes up around 45% of the basket. The IMF can change the weight of the dollar (in the basket) based on exchange rates. If you purchase these, are you really diversifying away from the U.S. dollar?

If China wants diversification of its reserves why not just buy the other major currencies in the basket (from Europe, Japan, and Great Britain) in the currency market? Is the IMF the new satan?

It makes no sense for China to desire a weaker dollar however. Like Japan, it's in their interest to have a strong dollar and thus great dollar reserves. This closes the trade imbalance loop and keeps their goods and services affordable to U.S. consumers, though I understand they worry about their dollar investments depreciating. Still what do you do? If I were China, I would purchase hard U.S. assets with that ocean of dollars. It looks like a perfect time for them to be shopping.]]> http://seekingalpha.com/article/150391-wall-street-breakfast-must-know-news?source=feed#comment-598320 598320 FRE) confirmed Charles E. Haldeman Jr. will be the company's new chief executive, becoming Freddie's fourth CEO in less than a year. "

Four in less than a year. Who would think it? And who would want to be the CEO of a company ran by the government that is wanting you to go out and create bad loans that will eventually get you fired?

You would have to be a complete numbskull to take that job. The person willing to take that job proves he/she is not up to the task of producing profits for the stakeholders. What a bunch of idiots. Get the cash while you can or before you get fired I guess.]]> Wed, 22 Jul 2009 14:01:01 -0400 FRE) confirmed Charles E. Haldeman Jr. will be the company's new chief executive, becoming Freddie's fourth CEO in less than a year. "

Four in less than a year. Who would think it? And who would want to be the CEO of a company ran by the government that is wanting you to go out and create bad loans that will eventually get you fired?

You would have to be a complete numbskull to take that job. The person willing to take that job proves he/she is not up to the task of producing profits for the stakeholders. What a bunch of idiots. Get the cash while you can or before you get fired I guess.]]> http://seekingalpha.com/article/148896-wall-street-breakfast-must-know-news?source=feed#comment-589262 589262
And there is our problem. The government and most everyone else will not let prices hit their new natural equilibriums. Notice the complete shifts in supply and/or demand curves for a great deal of products and services.

]]> Wed, 15 Jul 2009 12:51:24 -0400
And there is our problem. The government and most everyone else will not let prices hit their new natural equilibriums. Notice the complete shifts in supply and/or demand curves for a great deal of products and services.

]]> http://seekingalpha.com/article/124291-wall-street-breakfast-must-know-news?source=feed#comment-415901 415901
Here we are with false interest rates (not market driven) for mortgages. The government and American people seem to be "all in" on the bailout of the most outrageous over consumption of an asset in history. I would like to ask everyone SA to originate your own mortgages at 4 - 4.5% and carry them on your balance sheets. If you choose to do this, I bet you would also be in line for a bailout in five years.

What's happening is crazy with no thought of the future. Interest rates will be heading a lot higher in the years to come because of all the world's government involvement.

Home prices should be allowed to adjust in the free market. The prices are too high for the new slower growing economy of the future. Someone has to take the loss. Looks like once again, it's the taxpayer, or the taxpayer that lived within his/her means. ]]> Fri, 06 Mar 2009 10:37:06 -0500
Here we are with false interest rates (not market driven) for mortgages. The government and American people seem to be "all in" on the bailout of the most outrageous over consumption of an asset in history. I would like to ask everyone SA to originate your own mortgages at 4 - 4.5% and carry them on your balance sheets. If you choose to do this, I bet you would also be in line for a bailout in five years.

What's happening is crazy with no thought of the future. Interest rates will be heading a lot higher in the years to come because of all the world's government involvement.

Home prices should be allowed to adjust in the free market. The prices are too high for the new slower growing economy of the future. Someone has to take the loss. Looks like once again, it's the taxpayer, or the taxpayer that lived within his/her means. ]]> http://seekingalpha.com/article/123142-wall-street-breakfast-must-know-news?source=feed#comment-405635 405635
I can not wait for the next president to come and use the verb inherited. What happened to hope and change Mr. Obama. It looks like more of the same. Dang!]]> Fri, 27 Feb 2009 09:19:23 -0500
I can not wait for the next president to come and use the verb inherited. What happened to hope and change Mr. Obama. It looks like more of the same. Dang!]]> http://seekingalpha.com/article/122255-wall-street-breakfast-must-know-news?source=feed#comment-401351 401351
That's what I am thinking axelrod. And this is what worried me when we started all this bailout mess. It is like we have to support a bunch of GMs; entities sucking away resources and giving nothing in return.



]]> Tue, 24 Feb 2009 10:22:47 -0500
That's what I am thinking axelrod. And this is what worried me when we started all this bailout mess. It is like we have to support a bunch of GMs; entities sucking away resources and giving nothing in return.



]]> http://seekingalpha.com/article/121430-wall-street-breakfast-must-know-news?source=feed#comment-395420 395420
The patient is already dead in his coma like state. All I ask is that you unplug the machine to save electrons. We are going to need them later.]]> Thu, 19 Feb 2009 14:05:28 -0500
The patient is already dead in his coma like state. All I ask is that you unplug the machine to save electrons. We are going to need them later.]]> http://seekingalpha.com/article/121430-wall-street-breakfast-must-know-news?source=feed#comment-395063 395063
The government needs to keep its dirty hands out of the markets. The moral hazard all this activity is creating will destroy us. Everyone is trying to save this economy, eventhough many saw years ago this day would come. All this tampering, trying to get back to the way things were, keeps the markets confused and introduces too many new variables in an already complex global economy.

Let nature take its course. We will probably have to nationalize the banks for a time to be able to wipe out all stakeholders (including me) and the dirty rotten CEOs and managers who after studying risk in business school, allowed the institutions to be run like some kind of gambling house.

Pain is good. It teaches one some important lessons. And letting businesses and consumers go bankrupt will allow dollars to go to more capable hands to eventually re-employ the idiots that got us into this mess, that is, the greedy business and consumer that leveraged too much.

Get ready for your lost decade friends.]]> Thu, 19 Feb 2009 10:54:18 -0500
The government needs to keep its dirty hands out of the markets. The moral hazard all this activity is creating will destroy us. Everyone is trying to save this economy, eventhough many saw years ago this day would come. All this tampering, trying to get back to the way things were, keeps the markets confused and introduces too many new variables in an already complex global economy.

Let nature take its course. We will probably have to nationalize the banks for a time to be able to wipe out all stakeholders (including me) and the dirty rotten CEOs and managers who after studying risk in business school, allowed the institutions to be run like some kind of gambling house.

Pain is good. It teaches one some important lessons. And letting businesses and consumers go bankrupt will allow dollars to go to more capable hands to eventually re-employ the idiots that got us into this mess, that is, the greedy business and consumer that leveraged too much.

Get ready for your lost decade friends.]]> http://seekingalpha.com/article/120450-wall-street-breakfast-must-know-news?source=feed#comment-386975 386975 PLLL) will turn over half its interest in a natural gas field rather than pay to drill wells, underscoring how falling oil and gas prices have left smaller energy producers desperate for cash."

Chesapeake was paying some landowners in Louisiana (the Haynesville Shale) last year up to 22K per acre bonus and agreeing to 1/4 interest. This was when NG was trading around $14 per million Btu. Now it's under $5 and the little players might be good shorts. Heck, Parallel just gave their field away. That's some pain.

I hear the shale in Dallas can supply 6% of our nation's NG demand. The shale in Louisiana is four times that size and they are choking down the wells down here. And there are many other shales such as the Mercellus that could hold more gas than the Hanynesville Shale.

Chesapeake has a great deal of production hedged as does XTO. But I think unless a great deal of producers go out of business, NG prices will stay under $5 for longer than people think. Chesapeake's CEO stated months ago that the smaller and underfunded should start having real problems in the shales at the $5.50 price level.

]]> Fri, 13 Feb 2009 09:36:20 -0500 PLLL) will turn over half its interest in a natural gas field rather than pay to drill wells, underscoring how falling oil and gas prices have left smaller energy producers desperate for cash."

Chesapeake was paying some landowners in Louisiana (the Haynesville Shale) last year up to 22K per acre bonus and agreeing to 1/4 interest. This was when NG was trading around $14 per million Btu. Now it's under $5 and the little players might be good shorts. Heck, Parallel just gave their field away. That's some pain.

I hear the shale in Dallas can supply 6% of our nation's NG demand. The shale in Louisiana is four times that size and they are choking down the wells down here. And there are many other shales such as the Mercellus that could hold more gas than the Hanynesville Shale.

Chesapeake has a great deal of production hedged as does XTO. But I think unless a great deal of producers go out of business, NG prices will stay under $5 for longer than people think. Chesapeake's CEO stated months ago that the smaller and underfunded should start having real problems in the shales at the $5.50 price level.

]]> http://seekingalpha.com/article/119005-stimulus-watch-how-the-devil-are-they-going-to-finance-all-of-it?source=feed#comment-378457 378457
It bewildered me when the government stoped issuing the 30 year bond.This took place when long-term interest rates where trending down whick confused me to no end. Good thing they came back out with it in 2006.

Another weird thing is how the dollar has rallied as the government has issued all this new debt and the short-term rates (three and six month bills) are at historic low and almost yielding nothing. This doesn't make economic sense. I can only think the markets are saying that other economies will face a tougher time than the U.S. For example, the Euro is going for $1.28 and I remember not months ago it was in the $1.50 plus range.

The low yields of government bonds scare me. The risk is not priced in much like the junk bond and higher grade corporate bonds a couple of years ago. I look for the fed to monetize the debt because they will have to. How much of our paper do the Asians really need at this low yield? How long can the Treasury crowd out private borrowing, keeping the yields higher for corporate debt to the point that I wonder if they can make a profit with borrowing cost so high.

Seems like interest rate would be through the roof by now.

]]> Fri, 06 Feb 2009 12:20:48 -0500
It bewildered me when the government stoped issuing the 30 year bond.This took place when long-term interest rates where trending down whick confused me to no end. Good thing they came back out with it in 2006.

Another weird thing is how the dollar has rallied as the government has issued all this new debt and the short-term rates (three and six month bills) are at historic low and almost yielding nothing. This doesn't make economic sense. I can only think the markets are saying that other economies will face a tougher time than the U.S. For example, the Euro is going for $1.28 and I remember not months ago it was in the $1.50 plus range.

The low yields of government bonds scare me. The risk is not priced in much like the junk bond and higher grade corporate bonds a couple of years ago. I look for the fed to monetize the debt because they will have to. How much of our paper do the Asians really need at this low yield? How long can the Treasury crowd out private borrowing, keeping the yields higher for corporate debt to the point that I wonder if they can make a profit with borrowing cost so high.

Seems like interest rate would be through the roof by now.

]]> http://seekingalpha.com/article/118698-wall-street-breakfast-must-know-news?source=feed#comment-376957 376957
Eventhough I really believe that equilibrium will eventually take place with the bad businesses going chapter 11 in the long-run, I would love to see a global Keynesian-type stimulus package just once in my life time. I would be Keynesian, if every country had net savings and not so much debt. That's why the Keynesian model, I believe, will never work.]]> Thu, 05 Feb 2009 11:06:13 -0500
Eventhough I really believe that equilibrium will eventually take place with the bad businesses going chapter 11 in the long-run, I would love to see a global Keynesian-type stimulus package just once in my life time. I would be Keynesian, if every country had net savings and not so much debt. That's why the Keynesian model, I believe, will never work.]]> http://seekingalpha.com/article/114013-wall-street-breakfast-must-know-news?source=feed#comment-350552 350552
See, if you agree with the socialist in Washington, you are "open-minded" and playing a "major leadership role." Once you take the government money, they are going to run you. The tide is going out and now we see what dollar whores the CEO's are.
]]> Fri, 09 Jan 2009 09:00:25 -0500
See, if you agree with the socialist in Washington, you are "open-minded" and playing a "major leadership role." Once you take the government money, they are going to run you. The tide is going out and now we see what dollar whores the CEO's are.
]]> http://seekingalpha.com/article/111309-tradermark-s-13-outlier-predictions-for-2009?source=feed#comment-342672 342672 Wed, 31 Dec 2008 12:30:10 -0500 http://seekingalpha.com/article/111598-wall-street-breakfast-must-know-news?source=feed#comment-333840 333840
Someone carrying a balance on a credit card is not wise, but can you believe that companies can change the interest rates on current balances. I know this is probably stated in the print of the contract that one needs the Hubble Space Telescope to read, but I don't think any rational person would think this should be legal.

If someone has a fixed mortgage, the interest rate doesn't adjust. The interest rate risk is borne on the institution supplying the funds and the person paying the mortgage.

I know we have variable rate mortgages and most credit cards are variable rate cards. But I would be interested to see if interest rates on cards went down on good credit customers balances when the Fed funds rate, or other tracking rate went down. Bet not.

Bad times display character traits like no other. Like Buffet states, when the tide goes out, only then can you see who was naked. As an investor, I like these times, since it allows me to align my long-term investments with companies that display a greater character.



]]> Fri, 19 Dec 2008 09:44:32 -0500
Someone carrying a balance on a credit card is not wise, but can you believe that companies can change the interest rates on current balances. I know this is probably stated in the print of the contract that one needs the Hubble Space Telescope to read, but I don't think any rational person would think this should be legal.

If someone has a fixed mortgage, the interest rate doesn't adjust. The interest rate risk is borne on the institution supplying the funds and the person paying the mortgage.

I know we have variable rate mortgages and most credit cards are variable rate cards. But I would be interested to see if interest rates on cards went down on good credit customers balances when the Fed funds rate, or other tracking rate went down. Bet not.

Bad times display character traits like no other. Like Buffet states, when the tide goes out, only then can you see who was naked. As an investor, I like these times, since it allows me to align my long-term investments with companies that display a greater character.



]]> http://seekingalpha.com/article/111183-wall-street-breakfast-must-know-news?source=feed#comment-332127 332127
"Sources say the Fed and the Office of the Comptroller of the Currency are becoming involved in internal discussions about Citi's strategic direction and discouraging executives from pursuing certain acquisitions. The FDIC has also gotten involved, pitching Citi about possibly acquiring certain troubled banks and holding Citi bank from other overly-ambitious deals."

From: www.bloggingstocks.com.../

"My former employer, Bloomberg News, is on a quest to learn the identities of the recipients of $2 trillion in emergency loans from the federal government and what collateral the Federal Reserve is accepting in return. The government has thrown up roadblock after roadblock.

Bloomberg and other media organizations filed suit under the Freedom of Information Act to force the government to disclose how it's spending money under the biggest intervention in the economy since the Great Depression. On December 8, the Fed rejected the request, saying it's allowed to withhold information about trade secrets and commercial information, according to an article in Bloomberg."

The socialism is spreading. Don't be fooled it's here. Next stop is the dictatorship. That's if the Revolution doesn't kill it.

Got the bill for my parish/county taxes the other day. Up about 300% from last year. They assess the value every 4 years. Called the Tax Accessor's Office to question and it was stated, "it cost a lot to run a parish." Now I will be forced to go downtown to educate myself as to the reason for such an extreme change. I could not get a comprehensible answer over the phone.

This is the same type of service we can look forward to as the government sucks up more and more of the economy. By the time the government "fixes" everything, you will think Bush was the Dala Lama.

I am having a hard time locating 7.62 ammo. Does anyone have a lead on a supply source?


]]> Wed, 17 Dec 2008 12:08:24 -0500
"Sources say the Fed and the Office of the Comptroller of the Currency are becoming involved in internal discussions about Citi's strategic direction and discouraging executives from pursuing certain acquisitions. The FDIC has also gotten involved, pitching Citi about possibly acquiring certain troubled banks and holding Citi bank from other overly-ambitious deals."

From: www.bloggingstocks.com.../

"My former employer, Bloomberg News, is on a quest to learn the identities of the recipients of $2 trillion in emergency loans from the federal government and what collateral the Federal Reserve is accepting in return. The government has thrown up roadblock after roadblock.

Bloomberg and other media organizations filed suit under the Freedom of Information Act to force the government to disclose how it's spending money under the biggest intervention in the economy since the Great Depression. On December 8, the Fed rejected the request, saying it's allowed to withhold information about trade secrets and commercial information, according to an article in Bloomberg."

The socialism is spreading. Don't be fooled it's here. Next stop is the dictatorship. That's if the Revolution doesn't kill it.

Got the bill for my parish/county taxes the other day. Up about 300% from last year. They assess the value every 4 years. Called the Tax Accessor's Office to question and it was stated, "it cost a lot to run a parish." Now I will be forced to go downtown to educate myself as to the reason for such an extreme change. I could not get a comprehensible answer over the phone.

This is the same type of service we can look forward to as the government sucks up more and more of the economy. By the time the government "fixes" everything, you will think Bush was the Dala Lama.

I am having a hard time locating 7.62 ammo. Does anyone have a lead on a supply source?


]]> http://seekingalpha.com/article/110709-free-trade-agreements-evaporated-jobs-worldwide?source=feed#comment-330062 330062
With free trade, you need perfect transparency. In the long-run, do you think politicians, businesses, and governments want transparency? I don't think so because of self interest and competitive advantages.

If someone figures out how to achieve perfect transpareny the free market will be the best thing since sliced bread. Consumers can be informed, investors can be informed, entrepreneurs can be informed, and scientist and researchers can be informed. Man! Talk about global growth. Like the X-Files, "The Truth Is Out There." Like many of you, I spend countless unproductive hours trying to figure it out. Most times thinking I know, only to find out much later, after much wasted effort, that behold I do not know.

The job situation is indeed troublesome. Someone getting left behind after trying his/her best is most cruel. But we must agree that a great deal of our fellow man do not go into action until it is too late. We must do something about our educational system in the U.S.

While the perfect transparency problem gets worked out, the educational problem was pointed out above and I agree with those thoughts. But we need to have a voucher system and choice so those who want to survive and take responsiblity for their presence can succeed. At the secondary education level, we need to deploy, I hate to say, a more socialist system (since we don't have perfect transparency)like the primary system but with choice. Every person that educates his/herself helps me and you.

Let's face it. Most working people will need to be retrained all their working life. This education must be free to the person missing out on greater income due to the retraining. The education is the only thing that should be free to this person. No other subsistence should be given.



]]> Mon, 15 Dec 2008 12:45:55 -0500
With free trade, you need perfect transparency. In the long-run, do you think politicians, businesses, and governments want transparency? I don't think so because of self interest and competitive advantages.

If someone figures out how to achieve perfect transpareny the free market will be the best thing since sliced bread. Consumers can be informed, investors can be informed, entrepreneurs can be informed, and scientist and researchers can be informed. Man! Talk about global growth. Like the X-Files, "The Truth Is Out There." Like many of you, I spend countless unproductive hours trying to figure it out. Most times thinking I know, only to find out much later, after much wasted effort, that behold I do not know.

The job situation is indeed troublesome. Someone getting left behind after trying his/her best is most cruel. But we must agree that a great deal of our fellow man do not go into action until it is too late. We must do something about our educational system in the U.S.

While the perfect transparency problem gets worked out, the educational problem was pointed out above and I agree with those thoughts. But we need to have a voucher system and choice so those who want to survive and take responsiblity for their presence can succeed. At the secondary education level, we need to deploy, I hate to say, a more socialist system (since we don't have perfect transparency)like the primary system but with choice. Every person that educates his/herself helps me and you.

Let's face it. Most working people will need to be retrained all their working life. This education must be free to the person missing out on greater income due to the retraining. The education is the only thing that should be free to this person. No other subsistence should be given.



]]> http://seekingalpha.com/article/110432-wall-street-breakfast-must-know-news?source=feed#comment-327518 327518
Thus bailout equals socialism.]]> Fri, 12 Dec 2008 12:12:02 -0500
Thus bailout equals socialism.]]> http://seekingalpha.com/article/110432-wall-street-breakfast-must-know-news?source=feed#comment-327250 327250
There is a GM plant in my town and I know many people that work there. I loved observing their behavior over the years. The arrogance of people with only high school diplomas making almost 30% more than people coming out of college. I told a GM friend (spending and not saving because her job would last a life time) long ago to save her money because the global business model could not support her pay. Like all the other workers there, she looked at me as though I was crazy.

Needless to say, most these workers are forced to vote for what ever communist is running for office. Just like the government workers. Study their pay and pension plans and it will make you sick. You will never get the same set up in the private sector. Then when you need their service you are treated like a an illegal alien.

Bailing out the Big Three will create the same entitlement behavoir you see in the government (federal, state, and local) workers.

Next stop the health care industry. Like the autoworkers, the health care industry needs to wake up to the new paradigm that the people and nation is growing poorer in real terms. In fact, we have been for over a decade. Wealth created with debt is an ignorant game.

Looks like the American people know the deal. They are paid down debt for the first time since 1952. If they would of had a bailout option (no more home equity loans...hehehe) this would not have happened.

Merry Christmas.



]]> Fri, 12 Dec 2008 09:48:46 -0500
There is a GM plant in my town and I know many people that work there. I loved observing their behavior over the years. The arrogance of people with only high school diplomas making almost 30% more than people coming out of college. I told a GM friend (spending and not saving because her job would last a life time) long ago to save her money because the global business model could not support her pay. Like all the other workers there, she looked at me as though I was crazy.

Needless to say, most these workers are forced to vote for what ever communist is running for office. Just like the government workers. Study their pay and pension plans and it will make you sick. You will never get the same set up in the private sector. Then when you need their service you are treated like a an illegal alien.

Bailing out the Big Three will create the same entitlement behavoir you see in the government (federal, state, and local) workers.

Next stop the health care industry. Like the autoworkers, the health care industry needs to wake up to the new paradigm that the people and nation is growing poorer in real terms. In fact, we have been for over a decade. Wealth created with debt is an ignorant game.

Looks like the American people know the deal. They are paid down debt for the first time since 1952. If they would of had a bailout option (no more home equity loans...hehehe) this would not have happened.

Merry Christmas.



]]> http://seekingalpha.com/article/110246-economic-outlook-for-2009-a-new-deal-for-a-house-of-cards?source=feed#comment-326372 326372
Most everything I learned in economics has been thrown out the window, but I would like to see the affect of a coordinated international fiscal stimulus. It sucks losing money and future expectations during this turmoil but I have to say it is excellent study. One could call it perpetual case study.]]> Thu, 11 Dec 2008 11:11:20 -0500
Most everything I learned in economics has been thrown out the window, but I would like to see the affect of a coordinated international fiscal stimulus. It sucks losing money and future expectations during this turmoil but I have to say it is excellent study. One could call it perpetual case study.]]> http://seekingalpha.com/article/110262-why-buy-t-bills-now?source=feed#comment-326315 326315
Bingo. One doesn't hear much chatter once reality sets in.]]> Thu, 11 Dec 2008 10:30:11 -0500
Bingo. One doesn't hear much chatter once reality sets in.]]> http://seekingalpha.com/article/110032-want-to-lend-money-to-uncle-sam-it-s-going-to-cost-you?source=feed#comment-325865 325865
Treasury accounts also contain a "C" or cash acccount. This is were treasury proceeds go until you are ready to make another debt purchase. Why don't treasury buyers just leave their money there and earn no interest?

If the yield on treasuries would stay negative, we tax payers could make all our bailout money back. LOL

]]> Wed, 10 Dec 2008 17:19:27 -0500
Treasury accounts also contain a "C" or cash acccount. This is were treasury proceeds go until you are ready to make another debt purchase. Why don't treasury buyers just leave their money there and earn no interest?

If the yield on treasuries would stay negative, we tax payers could make all our bailout money back. LOL

]]> http://seekingalpha.com/article/110056-inflation-on-sale-as-deflation-dominates-markets?source=feed#comment-325853 325853
Wages are not a component of the CPI.

"Quantitative easing aims to flood the financial system with liquidity and absorb excess cash through monetization or purchasing of government securities."

Isn't this backwards? If the Fed is purchasing government securities, dollars go out into the economy. What am I missing here?
]]> Wed, 10 Dec 2008 16:57:47 -0500
Wages are not a component of the CPI.

"Quantitative easing aims to flood the financial system with liquidity and absorb excess cash through monetization or purchasing of government securities."

Isn't this backwards? If the Fed is purchasing government securities, dollars go out into the economy. What am I missing here?
]]> http://seekingalpha.com/article/110065-wall-street-breakfast-must-know-news?source=feed#comment-325544 325544
If they desire to inflate the economy, they should put another shift on the presses. Just think of the economies of scale they would achieve. I heard one individual state that the government should send printing press to each household as a stimulus package.

Never thought I would see Treasuries yielding 0%. Seems like a perfect time for the government to flood the market with all forms of debt. I have to say they are doing pretty good job so for. Can I get a loan for 0%? Please!]]> Wed, 10 Dec 2008 11:13:29 -0500
If they desire to inflate the economy, they should put another shift on the presses. Just think of the economies of scale they would achieve. I heard one individual state that the government should send printing press to each household as a stimulus package.

Never thought I would see Treasuries yielding 0%. Seems like a perfect time for the government to flood the market with all forms of debt. I have to say they are doing pretty good job so for. Can I get a loan for 0%? Please!]]> http://seekingalpha.com/article/109186-wall-street-breakfast-must-know-news?source=feed#comment-320794 320794
Yes this is a problem. But our country is so fragmented, I don't think greater number of political parties will solve the problem. Hitler came to power when Germany's many political parties perpetually screwed things up. People were tired of disagreements and the cynicism. Remember, he made the trains run on time.

Our dictatorship is on the way. Don't know when but it makes perfect logical sense. We are sheeple. We do not what to think for ourselves, wishing a great political person to do the thinking for us. We are never to blame for anything and want something for nothing. As I study history, this always leads to dictatorship.

It kills me that both Houses are controlled by one political party. I think Congress is a total waste of our nation's capital. Much better they be divided and not be able to pass any bill.

On Dec 04 10:49 AM axelrod608 wrote:

> Both of the two ruling parties are responsible for creating this
> mess. They all confuse the term "oversight" with "overlook", and
> they overlook all the chicanery going on in corporate America. Similarly,
> both ruling parties are committed to spending us out of the mess,
> even though logic and historical evidence indicates it cannot be
> done. And the incoming administration, from all reports, is totally
> committed to continue the orgy of throwing vast quantities of borrowed
> money at the problem.
>
> Aside from a handful of individuals like Ron Paul, the "fools on
> the hill" and administrations believe they can solve this problem
> they created. A line from the Vietnam war comes to mind - "We had
> to destroy the village in order to save it". Only in this case, substitute
> the term "country" for "village". And since global economies are
> interwoven, the US government is wiling to risk destroying the global
> economy in a misuided effort to "save" it.
>
> They do not understand the concept of "unsustainable&amp... The
> bloated American automakers are unsustainable. The bloated American
> financial industry is unsustainable. And the free-spending, irresponsible
> Federal government is unsustainable.
>
> Every election, the sheeple go to the polls and vote in yet another
> bunch of Republicrats. Einstein's definition of insanity - doing
> the same thing the same way over and over and expecting a different
> outcome - comes to mind.
>
> If you vote for a Republicrat, YOU are the problem.]]> Thu, 04 Dec 2008 11:28:19 -0500
Yes this is a problem. But our country is so fragmented, I don't think greater number of political parties will solve the problem. Hitler came to power when Germany's many political parties perpetually screwed things up. People were tired of disagreements and the cynicism. Remember, he made the trains run on time.

Our dictatorship is on the way. Don't know when but it makes perfect logical sense. We are sheeple. We do not what to think for ourselves, wishing a great political person to do the thinking for us. We are never to blame for anything and want something for nothing. As I study history, this always leads to dictatorship.

It kills me that both Houses are controlled by one political party. I think Congress is a total waste of our nation's capital. Much better they be divided and not be able to pass any bill.

On Dec 04 10:49 AM axelrod608 wrote:

> Both of the two ruling parties are responsible for creating this
> mess. They all confuse the term "oversight" with "overlook", and
> they overlook all the chicanery going on in corporate America. Similarly,
> both ruling parties are committed to spending us out of the mess,
> even though logic and historical evidence indicates it cannot be
> done. And the incoming administration, from all reports, is totally
> committed to continue the orgy of throwing vast quantities of borrowed
> money at the problem.
>
> Aside from a handful of individuals like Ron Paul, the "fools on
> the hill" and administrations believe they can solve this problem
> they created. A line from the Vietnam war comes to mind - "We had
> to destroy the village in order to save it". Only in this case, substitute
> the term "country" for "village". And since global economies are
> interwoven, the US government is wiling to risk destroying the global
> economy in a misuided effort to "save" it.
>
> They do not understand the concept of "unsustainable&amp... The
> bloated American automakers are unsustainable. The bloated American
> financial industry is unsustainable. And the free-spending, irresponsible
> Federal government is unsustainable.
>
> Every election, the sheeple go to the polls and vote in yet another
> bunch of Republicrats. Einstein's definition of insanity - doing
> the same thing the same way over and over and expecting a different
> outcome - comes to mind.
>
> If you vote for a Republicrat, YOU are the problem.]]> http://seekingalpha.com/article/109186-wall-street-breakfast-must-know-news?source=feed#comment-320582 320582
Oh God, here we go again. Will keep making the same mistake until we learn the lesson. Let the market do its thing and take those prices lower. ]]> Thu, 04 Dec 2008 08:27:46 -0500
Oh God, here we go again. Will keep making the same mistake until we learn the lesson. Let the market do its thing and take those prices lower. ]]>