CarlosSlim

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    • Thu Mar 27th 14:32 PM | Rating: 0 0
      Commented on:
      Boeing Cleared for Takeoff
      As a Boeing subcontractor, I personally know that Boeing is a quality operation and they didn't "blow it".

      The customer (USAF/Pentagon) gave Boeing the RFP and along the way rigged the RFP scoring to favor Northrop/EADS.

      The incoming SoD Gates bowed to pressure from McCain to change the language in the RFP to allow EADS--who was being sued for illegal trade subsidies--to even submit a bid.

      As far as I can tell, the whole process was rigged by political appointees, who intentionally threw the award to please a future political candidate for President.

      As far as Boeing's future prospects, the new 787 Dreamliner is a superior product and is sold out until at least 2015.

      I think there will be politcal pressure to freeze the money for the contract award. It's just too far out and radical to give jobs and military technology to our Euro friends, especially when there's a looming recession/depression right here at home--where those jobs will be desparately needed in the next few years.

      View article »
    • Thu Mar 27th 13:43 PM | Rating: 0 0
      Commented on:
      The Fed is Deflating: 10 Reasons Why
      First of all, this appears to be "spin" to support the FED's current policies of "stagflation"...

      I don't know if this is true or not, but...

      "Homer Hoyt did research that indicates a country cannot go into recession unless there has been a real estate bubble."
      www.foldvary.net/works...

      Residential housing values are deflating now, because they inflated much faster than wages did from 1997-2006.


      "Fallacy 8 - The Fed is printing money hand over fist."

      Ha, ha. M3 has been increasing at 15% a year, under King George II.

      That's not a fact--it's speculation--because King George wants it that way.

      Anyone that thinks the money supply has been decreasing during the past 7 years has not been looking at the facts.
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    • Wed Mar 26th 19:07 PM | Rating: 0 0
      Commented on:
      Tibetan Unrest and Economic Implications: 'Nancy Pelosi's War'
      "America now wants to help Vietnam"

      President John Sidney McCain III may disagree with this speculation.

      Senator McCain has a reputation for seeking revenge against his enemies.

      He spent five and a half years as a Vietnamese POW, including periods of torture.

      Did anyone stop Bush when he pulled soldiers and resources out of Afghanistan and began massing them on the border of Iraq?

      No.

      Think Nancy, et. al will stand up to "Mac Daddy" and say "no" when he suddenly wants to invade Vietnam?

      American taxpayers will pay for his royal revenge, just as we are doing for Saddam once planning to assasinate Bush's daddy.

      It's all about payback and using American soldiers as pawns in a giant Military Industrial Complex game of chess.

      Revenge is a dish best served cold.
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    • Wed Mar 26th 12:08 PM | Rating: 0 0
      Commented on:
      Fed Facing a 'Money Trap'
      Interesting analysis on the limits of FED policy in fixing this problem.

      The root of the problem was lack of regulation of the "shadow banking" system that issued "opaque" securities, which turned out to be a giant Ponzi scheme.

      The prospect of negative T-Bill rates brings memory of a quote from the movie "Animal House" where Kevin Bacon's character screams at the top of his lungs:

      "All is well! Remain calm!"
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    • Tue Mar 25th 15:30 PM | Rating: 0 0
      Commented on:
      Bear Stearns Launches First Ever Active ETF
      "The prospectus gives the Active Mega-Cap manager wider discretion to implement a portfolio. The fund will be able to trade at any time and on any day, in contrast to the once-per-week trading of the other PowerShares funds."

      SSSSSSHHHH!!!!! BE VERY, VERY QUIET!!!

      Geniuses @ Work!!!
      View article »
    • Tue Mar 25th 13:13 PM | Rating: 0 0
      Commented on:
      Dollar Must Get Weaker Before It Gets Stronger
      If Honduran Cantaloupes don't kill you, they will make you stronger.

      Not really.

      The reason the Dollar has fallen, is that Bush told Greenspam to crank up the printing presses.

      They even stopped publishing M3 to cover up their dasterdly deeds.

      Cut the # of dollars being printed, and the dollar will go up.

      It's that simple.
      View article »
    • Tue Mar 25th 10:49 AM | Rating: 0 0
      Commented on:
      U.S. Dollar Paradigm Shift Underway
      People who think that the "gold standard" will save America are insane.

      Think about it.

      Why limit the economy to the finite ammont of gold in Fort Knox?

      Sure, they could play games, such as making each $ backed by 1/10 the value in gold, but those are just that....games.

      The ONLY reason the $ is worth anything right now--after 7 long years of destruction at the hands of the Bushvistas--is that all oil is paid for in $.

      Take away the petrodollar support and it's look out below!
      View article »
    • Tue Mar 25th 10:43 AM | Rating: 0 0
      Commented on:
      Deep Diving Into the Real Estate Mess
      "The bottom line is that this country needs to maintain the current employment rate for a while to help heal the real estate bubble burst."

      Basically: Jobs, jobs, jobs.

      But where will these new jobs come from?

      Not only is this at odds with the "geniuses" who are busy outsourcing America's jobs and pocketing the difference...

      ...but these are greedy b*st*rds, also.

      In 2006, only 51.6% of national income went to wages and salaries, this is the lowest percentage since 1929.

      If these "geniuses" were really so concerned about boosting the economy, they need only raise wages.

      Not for themselves, but for the working man.

      This will NEVER, EVER happen.

      These "geniuses" are going to ride America right down the drain.

      Profiting all the way.

      It's insane, but look who's running their political party.
      View article »
    • Mon Mar 24th 17:32 PM | Rating: 0 0
      Commented on:
      'Fedization': Bear's Rescue Presents a Major Moral Hazard
      The Fed absorbing losses on the collateralized portfolio means...

      TAXPAYERS will have to pay for the cleanup of the fraud, waste and abuse that comes from lack of "regulation" of financial industry practices.

      Just like Taxpayers have paid around $125 billion to bail out Savings and Loans from 1986 to 1996.

      Socialism for the Rich, Law of the Jungle for the Poor...that's the Republican way!
      View article »
    • Mon Mar 24th 15:39 PM | Rating: 0 0
      Commented on:
      Is McCain in the Pocket of the Telecom Industry?
      Is McCain in the Pocket of the Telecom Industry?

      IN-CON-CEIVABLE!!!

      There is no way McCain would ever ride on a corporate jet to opulent Bahamas vacation spots on someone else's dime.

      Jack Abramoff is now in prison.

      McCain has accepted $100,000 in donations from employees of Greenberg Traurig, the very firm where Abramoff once reigned.

      Google "McCain Keating Five".

      maverick
      2: an independent individual who does not go along with a group or party

      Randy "Duke" Cunningham, Brent Wilkes, Tom DeLay, Jerry Lewis, Kyle Dustin "Dusty" Foggo, Marvin I. Friedman, Duncan Hunter,
      Jack Abramoff, Robert Ney, David H. Safavian...

      View article »
    • Fri Mar 21st 12:03 PM | Rating: 0 0
      Commented on:
      Alan Greenspan Loses His Mind
      A partisan Republican hack who wrote his last book while in the bathtub said some crazy things?

      Who among us could have predicted that?
      View article »
    • Thu Mar 20th 17:33 PM | Rating: 0 0
      Commented on:
      The Coming Crash of 2008: A Result of Overleveraging
      Don't know if anyone here grew up on a farm, but...

      ...when hogs are led to be slaughtered, they have no idea what will happen in the future.

      Apparently, neither does the typical American investor know how much the Geniuses on Wall Street have led them down the path to be sacrificed on the altar of the Golden Calf of Mammon.
      View article »
    • Wed Mar 19th 12:48 PM | Rating: 0 0
      Commented on:
      Warning Signs of a Modern Depression: See 1990 Japan
      Obviously, McCain is the only one who can save us now.

      More wars, more deficit spending, more corruption at every level!

      With McCain, we get more of the same.

      And really, the Bush Depression will work out quite well for some folks.
      View article »
    • Wed Mar 19th 12:31 PM | Rating: 0 0
      Commented on:
      How Much Ammo Does the Fed Have Left?
      During the Depression, interest rates on savings accounts went negative, so savers actually paid the banks money for the privledge to put their money there.

      I'd say the FED can go negative now, too.

      So, the ammount of ammo left depends on the willingness of the Merkin Sheeple and China to go negative for the "safety" of the US of A.

      View article »
    • Tue Mar 18th 20:20 PM | Rating: 0 0
      Commented on:
      It Wasn't a 'Bailout'
      I agree with knzn.

      The greatest single risk to the U.S. Treasury is the risk of declining tax revenues from a major economic downturn.

      I wonder why we tax revenues are declining, if as GWB says, the economy is fundamentally strong?

      Perhaps GWB's tax cuts are to blame for the declining tax revenues?

      Ironic, don't ya think?
      View article »
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