Just Say Whoa!'s Comments Just Say Whoa!'s Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/156229/comments Worst Housing Number in Decades: What Is the Wall Street Media Smoking? http://seekingalpha.com/article/143696-worst-housing-number-in-decades-what-is-the-wall-street-media-smoking?source=feed#comment-552339 552339
You might say W.S. is a "functional" addict of failed economic/political ideas....]]> Thu, 18 Jun 2009 13:46:46 -0400
You might say W.S. is a "functional" addict of failed economic/political ideas....]]> Madoff reaches a partial settlement with the SEC in which, amazingly, he doesn't have to admit any wrongdoing in the $65B Ponzi scheme. http://seekingalpha.com/news/market_currents/post/26128?source=feed#comment-550444 550444
Pol Pot, Henry Kissinger, Dick Cheney....the list goes on and on.]]> Wed, 17 Jun 2009 11:58:15 -0400
Pol Pot, Henry Kissinger, Dick Cheney....the list goes on and on.]]> Why I'm Shorting Visa http://seekingalpha.com/article/143457-why-i-m-shorting-visa?source=feed#comment-549074 549074
But not everyone in the world WANTS unlimited growth in consumer credit card fueled debt.

In France, almost nobody uses plastic. It's there, it's available, but due to cultural bias, is unwanted.

"Unlimited growth?"

In your former position, did you rate Credit Default Swaps as "risk free"?]]> Tue, 16 Jun 2009 14:55:32 -0400
But not everyone in the world WANTS unlimited growth in consumer credit card fueled debt.

In France, almost nobody uses plastic. It's there, it's available, but due to cultural bias, is unwanted.

"Unlimited growth?"

In your former position, did you rate Credit Default Swaps as "risk free"?]]> Boeing (BA -0.9%) tells crowds at the Paris Air Show it has a new competitor for Airbus's A350 - the good old 777. "When your new flagship (that would be the 787) is delayed two years, you have to rely on your current bread-and-butter programs for profits and headlines." http://seekingalpha.com/news/market_currents/post/26054?source=feed#comment-548943 548943 Tue, 16 Jun 2009 13:40:49 -0400 Hospitals and other medical-industry groups push back against Obama's proposed health-care overhaul. More on Health Blog's liveblog of the AMA response. http://seekingalpha.com/news/market_currents/post/25933?source=feed#comment-547507 547507
If Dadburn Gum'mint run programs are just so darn inefficient, why are the insurance companies worried about Gum'mint Single Payer?

Hint: Single payer is cheaper than Insurance companies because insurance companies are concerned about PROFITS not healthcare.

Healthcare is just an "expense" to insurance companies...]]> Mon, 15 Jun 2009 14:54:59 -0400
If Dadburn Gum'mint run programs are just so darn inefficient, why are the insurance companies worried about Gum'mint Single Payer?

Hint: Single payer is cheaper than Insurance companies because insurance companies are concerned about PROFITS not healthcare.

Healthcare is just an "expense" to insurance companies...]]> A survey of wealthy investors shows almost 90% think there are ways to make money in the current market, but more than two-thirds said the risks are still too high, which means there's plenty of money still sitting on the sidelines. http://seekingalpha.com/news/market_currents/post/25937?source=feed#comment-547343 547343 Mon, 15 Jun 2009 12:27:20 -0400 Unemployment won't hit Great Depression peaks of 25%, economist Robert Murphy says, because it's unlikely today's government will make the same mistake Hoover made in the 1930s of forcing businesses to maintain wages. Still, with hyperdepression (a mix of hyperinflation and a serious recession) just around the corner, he predicts the economy "will be in the toilet for a decade." http://seekingalpha.com/news/market_currents/post/25961?source=feed#comment-547338 547338
The worst is yet to come in Cali.

Before it's over, yes, unemployment will be 25% or more.

And there won't be inflation--just deflation.]]> Mon, 15 Jun 2009 12:26:26 -0400
The worst is yet to come in Cali.

Before it's over, yes, unemployment will be 25% or more.

And there won't be inflation--just deflation.]]> Megan McArdle on why the housing bubble has not yet bottomed: "They bought near the height of the bubble. Yet they think their house has appreciated by nearly 10% in the intervening four years." http://seekingalpha.com/news/market_currents/post/25878?source=feed#comment-544669 544669
Now would be a great time for Deutsche Luftschiff to issue some new stock offerings!

The Hindenburg was just an "unlucky" fluke..]]> Fri, 12 Jun 2009 18:38:46 -0400
Now would be a great time for Deutsche Luftschiff to issue some new stock offerings!

The Hindenburg was just an "unlucky" fluke..]]> Playing the One-Armed Bandit at the Gas Pump http://seekingalpha.com/article/142872-playing-the-one-armed-bandit-at-the-gas-pump?source=feed#comment-544293 544293
But unlike Vegas, the Gas Pump "pays off" every single time with....

...gasoline.

I wish the whiners who complain about the "high gas prices" in the US (yes, I know they are manipulated--because it's a monopoly), but you guys should really get out of town more often and check out the gas prices all around the world:
en.wikipedia.org/wiki/...

Gas is still cheap here.


]]> Fri, 12 Jun 2009 14:46:49 -0400
But unlike Vegas, the Gas Pump "pays off" every single time with....

...gasoline.

I wish the whiners who complain about the "high gas prices" in the US (yes, I know they are manipulated--because it's a monopoly), but you guys should really get out of town more often and check out the gas prices all around the world:
en.wikipedia.org/wiki/...

Gas is still cheap here.


]]> Assuming crude prices can stabilize anywhere near current levels, major oil stocks still look very cheap. http://seekingalpha.com/news/market_currents/post/25871?source=feed#comment-544088 544088
Energy stocks seem to crash and burn just like other equities in market downturns. ]]> Fri, 12 Jun 2009 12:47:02 -0400
Energy stocks seem to crash and burn just like other equities in market downturns. ]]> Boeing (BA -2.7%) leads Dow decliners after it forecast weaker commercial airplane demand over the coming two decades, citing the global economic downturn, slumping air traffic and volatile fuel prices. Here's Boeing's yearly Current Market Outlook. http://seekingalpha.com/news/market_currents/post/25837?source=feed#comment-542819 542819
Know what this means?

Oh, oh...]]> Thu, 11 Jun 2009 16:22:18 -0400
Know what this means?

Oh, oh...]]> Venezuela President Hugo Chavez bans Coke Zero (KO) in the country, citing unspecified health dangers. http://seekingalpha.com/news/market_currents/post/25797?source=feed#comment-542816 542816 www.americanheart.org/...

Smart guy!]]> Thu, 11 Jun 2009 16:21:01 -0400 www.americanheart.org/...

Smart guy!]]> Rising Oil Prices: Good or Bad for Stocks? http://seekingalpha.com/article/142645-rising-oil-prices-good-or-bad-for-stocks?source=feed#comment-542661 542661
Cool!

I'm looking forward to my hydrogen-powered flying car!

Only a half inning to wait...]]> Thu, 11 Jun 2009 14:32:17 -0400
Cool!

I'm looking forward to my hydrogen-powered flying car!

Only a half inning to wait...]]> Chamber of Commerce pledges to spend $100M in an effort to stem the "rapidly growing influence of government over private-sector activity." Which prompts the SEIU to launch a counter-campaign: "It's going to take more than a $100M PR campaign to make people believe that greedy CEOs have their best interests at heart." http://seekingalpha.com/news/market_currents/post/25820?source=feed#comment-542513 542513 ]]> Thu, 11 Jun 2009 13:47:06 -0400 ]]> Neiman Marcus: A Balancing Act at the Margins http://seekingalpha.com/article/142650-neiman-marcus-a-balancing-act-at-the-margins?source=feed#comment-542246 542246
In 2008 dollars that would cost $193.52.

Now, that I'm not so young and foolish, I usually pay less than $25 for my shirts at Target...]]> Thu, 11 Jun 2009 11:42:07 -0400
In 2008 dollars that would cost $193.52.

Now, that I'm not so young and foolish, I usually pay less than $25 for my shirts at Target...]]> Do CEOs matter? Harris Collingwood flip-flops on the question, but Jim Manzi chimes in with a resounding yes. http://seekingalpha.com/news/market_currents/post/25767?source=feed#comment-541473 541473
Why, yes!!!!

Who else are the business journals going to fawn over?

The workers?

Phoenix Business Journal honors Most Admired CEOs
phoenix.bizjournals.co...]]> Wed, 10 Jun 2009 20:16:18 -0400
Why, yes!!!!

Who else are the business journals going to fawn over?

The workers?

Phoenix Business Journal honors Most Admired CEOs
phoenix.bizjournals.co...]]> 10% unemployment, lower home values, limited credit and shrinking retirement funds will prompt Americans to save, thwarting stimulus efforts, a Bloomberg survey of economists predicts. http://seekingalpha.com/news/market_currents/post/25772?source=feed#comment-541472 541472
Optimistic!

Was there a new shipment from Columbia to Bloomberg recently?]]> Wed, 10 Jun 2009 20:13:27 -0400
Optimistic!

Was there a new shipment from Columbia to Bloomberg recently?]]> Ira Glass's This American Life stages its own version of 1930's-style hearings into the causes of the financial crisis, in lieu of Congress. "Today we pound a gavel and ask: Where were the watchmen?" http://seekingalpha.com/news/market_currents/post/25773?source=feed#comment-541118 541118 ]]> Wed, 10 Jun 2009 16:49:14 -0400 ]]> Will Rising Oil Prices Prevent a Recovery? http://seekingalpha.com/article/142428-will-rising-oil-prices-prevent-a-recovery?source=feed#comment-540786 540786
No.

This concludes another edition of "Simple answers for simple minded questions"...]]> Wed, 10 Jun 2009 13:02:03 -0400
No.

This concludes another edition of "Simple answers for simple minded questions"...]]> Three Stocks Going Ex-Dividend in Late June http://seekingalpha.com/article/142160-three-stocks-going-ex-dividend-in-late-june?source=feed#comment-539520 539520
Folks, you've been officially warned!

This strategy may have been "safe" back at the market bottom in March, but is now considerable riskier...]]> Tue, 09 Jun 2009 18:49:49 -0400
Folks, you've been officially warned!

This strategy may have been "safe" back at the market bottom in March, but is now considerable riskier...]]> Luxury San Diego hotel default gives new meaning to the concept of jingle mail. http://seekingalpha.com/news/market_currents/post/25634?source=feed#comment-539259 539259
I guess eight years ago, some "geniuses" thought that naming a hotel "W" would be a cool idea, huh?

Maybe they should rebrand them as "O" hotels?

Hahahahah....]]> Tue, 09 Jun 2009 15:09:56 -0400
I guess eight years ago, some "geniuses" thought that naming a hotel "W" would be a cool idea, huh?

Maybe they should rebrand them as "O" hotels?

Hahahahah....]]> The housing downturn opens the door for a whole new group of mortgage scammers: "The entire industry is a scam, in my opinion," NY state AG Cuomo says of loan modification firms. He's suing one, and probing 14 others. http://seekingalpha.com/news/market_currents/post/25679?source=feed#comment-539247 539247
Any other questions?]]> Tue, 09 Jun 2009 15:05:53 -0400
Any other questions?]]> The Coming Economic Collapse, Part 2 http://seekingalpha.com/article/141851-the-coming-economic-collapse-part-2?source=feed#comment-539243 539243
So?

Every single homeowner in America faces this same problem.

Their DEBT from their HOME is MORE than 100% of their earnings for the entire year!

Don't you see how stupid and silly this sounds, when it is put into perspective?

Just another talking point, courtesy of the Losers over at the G.O.P....]]> Tue, 09 Jun 2009 14:59:43 -0400
So?

Every single homeowner in America faces this same problem.

Their DEBT from their HOME is MORE than 100% of their earnings for the entire year!

Don't you see how stupid and silly this sounds, when it is put into perspective?

Just another talking point, courtesy of the Losers over at the G.O.P....]]> "The world after the crisis is not that simple," says IMF chief Strauss-Kahn. Topping his list of concerns, "the risk of very rapid inflation at the end of the crisis is a real risk. How are we going to dry up all the markets?" http://seekingalpha.com/news/market_currents/post/25647?source=feed#comment-538828 538828
The Fed clicks on the computer and drains liquidity out of the banking system.

Next question?
]]> Tue, 09 Jun 2009 11:43:34 -0400
The Fed clicks on the computer and drains liquidity out of the banking system.

Next question?
]]> A radical hydrogen-powered car, with a far smaller fuel cell than current industry prototypes, will be unveiled next week, according to Autocar. Power comes from a 6kw fuel cell, which is tiny compared to the 100kw system powering the Honda Clarity (HMC). http://seekingalpha.com/news/market_currents/post/25662?source=feed#comment-538825 538825
Still experimental--Not ready for production.]]> Tue, 09 Jun 2009 11:42:38 -0400
Still experimental--Not ready for production.]]> Stabilization in the foreclosure market? Not in California. http://seekingalpha.com/news/market_currents/post/25632?source=feed#comment-538819 538819 Tue, 09 Jun 2009 11:40:09 -0400 Taking inspiration from Goldilocks, the WSJ details three scenarios - 'Just Right,' 'Too Hot,' 'Too Cold,' - for the markets and economy in the months to come. http://seekingalpha.com/news/market_currents/post/25614?source=feed#comment-537876 537876
Insightful!!!!]]> Mon, 08 Jun 2009 19:10:48 -0400
Insightful!!!!]]> The dawn of the bailout state: It's not every day that you get to witness the birth of a new social system. http://seekingalpha.com/news/market_currents/post/25607?source=feed#comment-537565 537565
GOP propaganda!

Socialism?

Hahaha! Y'all must be ignorant G.O.P. losers!

When I get free health care, 6 weeks of PAID vacation, 8% salary bonuses when my wife gets pregnant, time off for MALE maternity leave, free university education for my children, social safety nets for the unemployed....

...then you can talk "socialism".

Until then, STFU!!!!]]> Mon, 08 Jun 2009 14:46:40 -0400
GOP propaganda!

Socialism?

Hahaha! Y'all must be ignorant G.O.P. losers!

When I get free health care, 6 weeks of PAID vacation, 8% salary bonuses when my wife gets pregnant, time off for MALE maternity leave, free university education for my children, social safety nets for the unemployed....

...then you can talk "socialism".

Until then, STFU!!!!]]> Starting July 1, China will require all computers sold in the country to contain software that blocks access to a list of prohibited websites. PC makers face the option of refusing a government directive in a major market or assisting state censorship. http://seekingalpha.com/news/market_currents/post/25573?source=feed#comment-537549 537549
This is really all they got nowadays...just spreading lies and hatred.]]> Mon, 08 Jun 2009 14:40:55 -0400
This is really all they got nowadays...just spreading lies and hatred.]]> Big banks are placing an increasing number of trades internally, using so-called "dark pools," luring the most active traders away from traditional exchanges. The trend will likely continue, absent any new legislation, a blow to price transparency and exchange profit margins. http://seekingalpha.com/news/market_currents/post/25608?source=feed#comment-537542 537542 Mon, 08 Jun 2009 14:36:59 -0400