CarlosSlim

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    • Tue Apr 29th 18:33 PM | Rating: 0 0
      Commented on:
      Why the Fed Needs to Pause Today
      "The Fed's options are limited; it can't raise interest rates to combat inflationary pressures, or cut them too much to counter deteriorating growth."

      Welcome to the Goldilocks Economy! It's not too hot, not too cold!

      Now, we just sit back and wait until someone named "Cinderella" comes along.

      Meanwhile, let's rearrange these deck chairs...I'm sure the Bush administration has everything under control!


      View article »
    • Tue Apr 29th 14:48 PM | Rating: 0 0
      Commented on:
      When the WSJ Competes With the NYT
      "They have a rich, targeted demographic, and what are they trading it for?"

      Murdoch is dumbing it down for the NASCAR/trailer park crowd.

      All part of the GOP plan to keep fooling the rubes into thinking that the GOP multi-millionaire "fortunate sons" are "one of their own".

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    • Tue Apr 29th 14:45 PM | Rating: 0 0
      Commented on:
      Why the U.S. Credit Crunch Will Not Affect India
      India still has severe sanitation issues.

      I saw a comedian a couple weeks ago describe her trip to India.

      Said she saw a guy in a 3 piece business suit squat down and do a #2 right there in the middle of the street.

      Is that where you want to buy real estate?
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    • Mon Apr 28th 19:56 PM | Rating: 0 0
      Commented on:
      3 Reasons Why The Euro May Fall Further
      There are only two long-term fundamentals that keep the Dollar from collapsing:

      1. Almost all oil must be paid for in Dollars.

      2. Barack Obama.

      Take away either one and...look out below!!!!
      View article »
    • Mon Apr 28th 12:41 PM | Rating: 0 0
      Commented on:
      Dollar Recovery Stalls While Market Mulls Possible Fed Cut
      How long are we from the Fed paying *negative* interest rates?

      Don't think 0% is as low as the Fed will go.

      Anything is possible, if Cheney gets his fingers on the nuke football.

      View article »
    • Mon Apr 28th 12:38 PM | Rating: 0 0
      Commented on:
      12 Notes on the Manic Capital Markets
      Number #11 is true.

      It's hard to make money on shorts in this volatile market.

      Sometimes, just keeping your money in a mattress (or in CDs yielding 3%) is better than losing it in shorts or long, for that matter.
      View article »
    • Fri Apr 25th 11:57 AM | Rating: 0 0
      Commented on:
      Money Flows Into the Market: What They're Telling Us
      I would like to see analysis on the captial inflows into Ponzi schemes.

      Seriously, some people think the market's rise is due to pensions/mutual funds/IRAs/401Ks funded by...wait for it...

      ....BABY BOOMERS!!!!

      Who are now beginning to retire.

      When the BABY BOOMERS retire, can anyone guess what will happen?

      Anyone? Anyone?

      Bueller?
      View article »
    • Thu Apr 24th 20:07 PM | Rating: 0 0
      Commented on:
      Solar Power Will Be Transformational in the Next Decade
      "...Although the US isn't among them, quite a few countries are aiming for the vast majority of their electricity to be renewably-generated, and several countries are well on their way (Germany and Spain come to mind)..."

      In June, 1979, President Jimmy Carter proposed a “new solar strategy” to “move our Nation toward true energy security and abundant, readily available energy supplies.”

      Carter installed solar hot water panels on the roof of the White House to heat water for the staff mess and other areas of the White House.

      In 1981, Ronald Reagan ordered the solar panels that Carter had installed on the White House roof torn off.

      Reagan rolled back fuel standards for automobiles.

      Reagan killed federal wind and solar power incentives.

      Reagan's efforts fueled the current oil addiction that has us, in the words of Robert F. Kennedy JR
      "acting like a crack-house junkie rolling old ladies for drug money".

      Want to know why we're paying $3.556 (AAA national average) for gas?

      Want to know why the United States is behind Germany and Spain in solar power?

      Want to know why we're paying $3 Trillion dollars in order to control Iraq's oil spigot?

      Actions have consequences.

      When will they admit they were wrong?

      NEVER, EVER, EVER...not now, not ever.
      View article »
    • Thu Apr 24th 14:23 PM | Rating: 0 0
      Commented on:
      Bill Miller: Credit Panic Ended With Bear Stearns
      "Prosperity is just around the corner"--Herbert Hoover, -R

      Hope does spring eternal among the wishful thinkers.

      View article »
    • Thu Apr 24th 14:18 PM | Rating: 0 0
      Commented on:
      What Does the President Know, and When Did He Know It: "We're not in a recession..."
      I'm concerned for the mental health of the 20% that take seriously anything Bush utters.

      Are they insane?

      Stupid?

      Ignorant?

      Pathological liars?

      All of the above?
      View article »
    • Thu Apr 24th 14:15 PM | Rating: 0 0
      Commented on:
      Why Did the Euro Fall Sharply Today?
      Today's drop in the EURO is one "data point".

      I learned in school, it takes 3 data points to make a "trend".

      What's the slope of a single data point?

      How many angels fit on the head of a pin?
      View article »
    • Wed Apr 23rd 14:40 PM | Rating: 0 0
      Commented on:
      The Impending Mortgage Crisis
      The only solution to the housing crisis, in the long run, is to increase wages.

      The "geniuses" in charge are doing the EXACT OPPOSITE.

      They are driving down wages via outsourcing and insourcing.

      They are pocketing the difference. They are getting richer.

      Unfortunately, the Richest 1% can't spend enough of their increased incomes to help housing prices in the long run.

      Actions have consequences and these "geniuses" will NEVER, EVER admit they are wrong and destroying America.

      Never.
      View article »
    • Wed Apr 23rd 14:36 PM | Rating: 0 0
      Commented on:
      Yale's Shiller: Housing Decline Could Be Worse Than Great Depression
      In the words of Jimmy Cliff:

      "The harder they come
      The harder they fall
      One and all"
      View article »
    • Tue Apr 22nd 14:41 PM | Rating: 0 0
      Commented on:
      Homebuilders Pulling Out of More Markets - Housing Tracker
      Realtors in Texas want to "make sure the public knows how and why the Fort Hood vicinity is different"?

      Yes, it's true! The Laws of Physics don't apply to the Fort Hood area.

      Since when can soldiers afford to buy a house?

      Many soldiers families are on food stamps.

      An E-1 new recruit makes $28,738/year, including bennies:
      usmilitary.about.com/l...

      Now how on earth is someone making that kind of money going to be able to afford to buy a home?

      Texas Realtors are not good at math.



      View article »
    • Tue Apr 22nd 14:34 PM | Rating: 0 0
      Commented on:
      Could 1 Euro Equal 2 U.S. Dollars?
      Could 1 Euro Equal 2 U.S. Dollars?

      Why stop there?

      If Cheney gets his wish to nuke Iran, could 1 Euro Equal 20 U.S. Dollars?

      200?

      2000?

      20,000?

      200,000?

      Of course, this mindless speculation will end on 01/20/09 or when Cheney is frog marched off to prison in Nuremburg.

      View article »
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