devassocx's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/161079/comments http://seekingalpha.com/article/172499-too-big-to-fail-banks-a-simple-solution?source=feed#comment-756126 756126
There is no reason to go beyond that statement.

The answer is simple...just cut up these giants.

Then their failure would not comprise devastation
on national economies.

Just no need to agonize over some expensive, convoluted and complex maze of laws and regulations.


On Nov 10 11:08 AM fizzicyst wrote:

> Not simple and not effective enough. You just gave the reasons why:
> lawyers/loopholes.
>
> The only foolproof way is break them into pieces small enough to
> fail and them let'em. No ineffective regulators involved !]]> Wed, 11 Nov 2009 18:00:28 -0500
There is no reason to go beyond that statement.

The answer is simple...just cut up these giants.

Then their failure would not comprise devastation
on national economies.

Just no need to agonize over some expensive, convoluted and complex maze of laws and regulations.


On Nov 10 11:08 AM fizzicyst wrote:

> Not simple and not effective enough. You just gave the reasons why:
> lawyers/loopholes.
>
> The only foolproof way is break them into pieces small enough to
> fail and them let'em. No ineffective regulators involved !]]> http://seekingalpha.com/article/170598-the-complete-list-of-indian-adrs?source=feed#comment-743809 743809 interests in India


CTSH EPI GGR IFN IGTE IIF LIOX RBXZF.PK
SAPE SIFY SLTC SYNT VDNRF.PK ]]> Wed, 04 Nov 2009 02:23:26 -0500 interests in India


CTSH EPI GGR IFN IGTE IIF LIOX RBXZF.PK
SAPE SIFY SLTC SYNT VDNRF.PK ]]> http://seekingalpha.com/article/170589-california-may-add-365mw-of-renewable-capacity-in-2009-still-short-of-20-mandate?source=feed#comment-743425 743425 utility bill hikes will the consumer be hit with for the wind and
solar sources??? I think that will be a real problem.]]> Tue, 03 Nov 2009 20:28:51 -0500 utility bill hikes will the consumer be hit with for the wind and
solar sources??? I think that will be a real problem.]]> http://seekingalpha.com/article/165695-inovio-biomedical-dna-vaccine-delivery-innovator?source=feed#comment-711181 711181 area for many years, burned through a ton of cash and is still years away from FDA approval.

I think this is a very risky and speculative investment]]> Fri, 09 Oct 2009 20:33:31 -0400 area for many years, burned through a ton of cash and is still years away from FDA approval.

I think this is a very risky and speculative investment]]> http://seekingalpha.com/article/164510-banking-sector-worst-is-yet-to-come?source=feed#comment-702024 702024 as corrupt as now. The difference is that in the past it was much
easier to hide the corruption.

However, if you study history, a lot of corruption still happened.

Think about Chicago history and several other eastern cities and
even Seattle, Wa. All had periods rife with scandals.

On competence, I think that hasn't changed much either but perhaps
the complexity of the problems have increased.


On Oct 03 01:22 PM Mike from NYC wrote:

> Almost all former and current politicians are idiots and they appoint
> idiots like themselves to run our financial sector.
>
> During the Depression the politicians were smarter and less corrupt
> and they chose people like themselves to run the financial sector.
>
>
> Is it any wonder our financial sector has veered more and more out
> of control these past 15 years or so when Depression era regulations
> were repealed and called 'Market Reform'?
>
> Let's face it ladies and gentlemen, with such incompetent and corrupt
> politicians, both Democrat and Republicans, our country is screwed
> no matter how you cut the cake.
>
> Am I wrong?]]> Sun, 04 Oct 2009 00:01:05 -0400 as corrupt as now. The difference is that in the past it was much
easier to hide the corruption.

However, if you study history, a lot of corruption still happened.

Think about Chicago history and several other eastern cities and
even Seattle, Wa. All had periods rife with scandals.

On competence, I think that hasn't changed much either but perhaps
the complexity of the problems have increased.


On Oct 03 01:22 PM Mike from NYC wrote:

> Almost all former and current politicians are idiots and they appoint
> idiots like themselves to run our financial sector.
>
> During the Depression the politicians were smarter and less corrupt
> and they chose people like themselves to run the financial sector.
>
>
> Is it any wonder our financial sector has veered more and more out
> of control these past 15 years or so when Depression era regulations
> were repealed and called 'Market Reform'?
>
> Let's face it ladies and gentlemen, with such incompetent and corrupt
> politicians, both Democrat and Republicans, our country is screwed
> no matter how you cut the cake.
>
> Am I wrong?]]> http://seekingalpha.com/article/152909-cash-for-clunkers-may-cost-up-to-45-354-per-vehicle?source=feed#comment-610908 610908 sound. It takes a ton of energy and materials to produce a car.

If you have a low fuel mileage clunker, and you don't drive much
then it has a minimal effect on the environment.

Remember, this program is being brought to you by the same people
that gave you the post office, the VA hospital system, ethanol fuel
and now want to give you health care.

I note that even this modest clunker program hasn't operated smoothly as it ran out of funds almost immediately.

The article has already pointed out the program's enormous cost
being paid for with money borrowed from friendly places like China.

So much for the intelligence and structuring behind plans such as
this.

On Jul 31 06:08 PM Alfredo Martinez wrote:

> I never thought that this country would get so far off track that
> we would start using tax dollars to pay for people to buy a brand
> new car, then turn around and destroy the traded used cars and dump
> them in a landfill.
>
> This country is so screwed.]]> Sat, 01 Aug 2009 14:42:27 -0400 sound. It takes a ton of energy and materials to produce a car.

If you have a low fuel mileage clunker, and you don't drive much
then it has a minimal effect on the environment.

Remember, this program is being brought to you by the same people
that gave you the post office, the VA hospital system, ethanol fuel
and now want to give you health care.

I note that even this modest clunker program hasn't operated smoothly as it ran out of funds almost immediately.

The article has already pointed out the program's enormous cost
being paid for with money borrowed from friendly places like China.

So much for the intelligence and structuring behind plans such as
this.

On Jul 31 06:08 PM Alfredo Martinez wrote:

> I never thought that this country would get so far off track that
> we would start using tax dollars to pay for people to buy a brand
> new car, then turn around and destroy the traded used cars and dump
> them in a landfill.
>
> This country is so screwed.]]> http://seekingalpha.com/article/150821-inflation-vs-deflation-pick-your-poison?source=feed#comment-601232 601232 that wouldn't be convenient to the huge economic and political manipulations that are going on.


On Jul 24 02:29 PM ussmls7 wrote:

> Inflation is already here in the prices of food & every day living
> expences. But it will only get worse,as China & all of the other
> Nations spend their dollars for assets they are stocking up on,like
> Gold,Steel,Copper. The dollar is dead, but does not know it yet!]]> Fri, 24 Jul 2009 14:53:11 -0400 that wouldn't be convenient to the huge economic and political manipulations that are going on.


On Jul 24 02:29 PM ussmls7 wrote:

> Inflation is already here in the prices of food & every day living
> expences. But it will only get worse,as China & all of the other
> Nations spend their dollars for assets they are stocking up on,like
> Gold,Steel,Copper. The dollar is dead, but does not know it yet!]]> http://seekingalpha.com/article/148796-2-thoughts-on-california?source=feed#comment-589831 589831 government, both in California and at the Federal level.

Something is going to blow at some point and I sense that
the people are getting real tired of their current governments.]]> Wed, 15 Jul 2009 19:30:46 -0400 government, both in California and at the Federal level.

Something is going to blow at some point and I sense that
the people are getting real tired of their current governments.]]> http://seekingalpha.com/article/146301-china-s-stock-market-bubble-inflating?source=feed#comment-570944 570944 between china and the U.S.

China has money, the U.S. only has debt...we are beyond broke.]]> Wed, 01 Jul 2009 22:14:52 -0400 between china and the U.S.

China has money, the U.S. only has debt...we are beyond broke.]]> http://seekingalpha.com/article/145789-california-s-default-is-certain?source=feed#comment-565733 565733 it does nothing to help the addict kick his habit.
.
It follows therefore, that a federal bailout to California is ill advised.


On Jun 28 11:15 AM secmaven wrote:

> 20 billion from the Feds to keep CA up and running is chicken feed.
> Ten times this amount has been pumped into ONE defunct insurance
> company headquartered in NYC. Send a pittance of this money west
> and the good times wills surely keep rolling.]]> Sun, 28 Jun 2009 11:49:53 -0400 it does nothing to help the addict kick his habit.
.
It follows therefore, that a federal bailout to California is ill advised.


On Jun 28 11:15 AM secmaven wrote:

> 20 billion from the Feds to keep CA up and running is chicken feed.
> Ten times this amount has been pumped into ONE defunct insurance
> company headquartered in NYC. Send a pittance of this money west
> and the good times wills surely keep rolling.]]> http://seekingalpha.com/article/144753-california-too-big-to-fail?source=feed#comment-559804 559804 a thing!


On Jun 23 12:28 PM snagglesnarf wrote:

> We should have an exit tax for all the people leaving California.]]> Tue, 23 Jun 2009 20:35:08 -0400 a thing!


On Jun 23 12:28 PM snagglesnarf wrote:

> We should have an exit tax for all the people leaving California.]]> http://seekingalpha.com/article/144317-california-s-permanent-crisis?source=feed#comment-556169 556169
Where will that end?

The answer is NEVER!

The real solution is to stop the spending and for the state to
live within its means, which it hasn't done for many years.

What applies to household budgets ultimately applies to California
as well.

The party is over!

There is no more money and the smoke and mirrors have to stop!


On Jun 21 09:58 AM Mad Hedge Fund Trader wrote:

> this can't go on forever. Sadly, once again, my once beloved but
> now spurned home state of California is threatening to commit suicide.
> The formerly Golden State officially runs out of cash in 50 days,
> and our body building governator, Arnold Schwarzenegger, refuses
> to borrow any more until the legislature delivers $24 billion in
> spending cuts. Standard & Poor’s has placed it on Credit Watch,
> and premiums for credit default swaps on the state’s debt have already
> spiked back up to 300 bp. I got a letter today from Robert Birgeneau,
> Chancellor of the University of California at Berkeley, where my
> son goes to school, telling me that his budget shortfall has just
> leapt from $67 million to $145 million, and that tuition is going
> up 9.3%, while staff wages will be cut by 8%, and financial aid will
> be chopped to the bone. Yikes! And this is the place we are counting
> on to deliver the scientists, engineers, and professionals who are
> supposed to keep us globally competitive. Pleas to Obama for a bailout
> have already been brushed aside, like a pesky fly. He rightly sees
> us as an alcoholic friend asking to buy him just one last drink.
> A default would be no joke, as California accounts for 15% of US
> GDP, and ranks as the world’s eighth largest economy. Few realize
> that the state is home to the country’s second highest per capita
> payers of tax revenue into Treasury coffers, after New York (Sarah
> Palin’s Alaska is the lowest). Hardly a day goes by without banner
> headlines about closing state parks, cancelling local sports programs,
> or freezing payments to mothers with dependent children. In fact,
> most state residents now prefer the Sacramento government to go bust
> in order to bring a speedier resolution. There is only one possible
> solution. A new governor holds a constitutional convention to reduce
> the vote to pass a budget from two thirds to 50%, or a statewide
> voter initiative accomplishes the same. Maybe ex Ebay CEO Meg Whitman,
> who will run for Arnold’s job next year, is up to the task?]]> Sun, 21 Jun 2009 11:54:51 -0400
Where will that end?

The answer is NEVER!

The real solution is to stop the spending and for the state to
live within its means, which it hasn't done for many years.

What applies to household budgets ultimately applies to California
as well.

The party is over!

There is no more money and the smoke and mirrors have to stop!


On Jun 21 09:58 AM Mad Hedge Fund Trader wrote:

> this can't go on forever. Sadly, once again, my once beloved but
> now spurned home state of California is threatening to commit suicide.
> The formerly Golden State officially runs out of cash in 50 days,
> and our body building governator, Arnold Schwarzenegger, refuses
> to borrow any more until the legislature delivers $24 billion in
> spending cuts. Standard & Poor’s has placed it on Credit Watch,
> and premiums for credit default swaps on the state’s debt have already
> spiked back up to 300 bp. I got a letter today from Robert Birgeneau,
> Chancellor of the University of California at Berkeley, where my
> son goes to school, telling me that his budget shortfall has just
> leapt from $67 million to $145 million, and that tuition is going
> up 9.3%, while staff wages will be cut by 8%, and financial aid will
> be chopped to the bone. Yikes! And this is the place we are counting
> on to deliver the scientists, engineers, and professionals who are
> supposed to keep us globally competitive. Pleas to Obama for a bailout
> have already been brushed aside, like a pesky fly. He rightly sees
> us as an alcoholic friend asking to buy him just one last drink.
> A default would be no joke, as California accounts for 15% of US
> GDP, and ranks as the world’s eighth largest economy. Few realize
> that the state is home to the country’s second highest per capita
> payers of tax revenue into Treasury coffers, after New York (Sarah
> Palin’s Alaska is the lowest). Hardly a day goes by without banner
> headlines about closing state parks, cancelling local sports programs,
> or freezing payments to mothers with dependent children. In fact,
> most state residents now prefer the Sacramento government to go bust
> in order to bring a speedier resolution. There is only one possible
> solution. A new governor holds a constitutional convention to reduce
> the vote to pass a budget from two thirds to 50%, or a statewide
> voter initiative accomplishes the same. Maybe ex Ebay CEO Meg Whitman,
> who will run for Arnold’s job next year, is up to the task?]]> http://seekingalpha.com/article/143443-wall-street-breakfast-must-know-news?source=feed#comment-549470 549470 will understand what bad leaders they have put in Sacramento
and just maybe demand the proper changes(read as downsizing).

Look for things to get much worse very soon.]]> Tue, 16 Jun 2009 21:07:51 -0400 will understand what bad leaders they have put in Sacramento
and just maybe demand the proper changes(read as downsizing).

Look for things to get much worse very soon.]]> http://seekingalpha.com/article/142888-wall-street-breakfast-must-know-news?source=feed#comment-544834 544834
The tobacco thing is purely a political driven agenda...sort
of like global warming.


On Jun 12 08:49 AM spald_fr wrote:

> "Tobacco under FDA control"
>
> Tobacco is currently a legal product. Due to its inherent toxic
> effects (including addiction) and its contribution to ever-increasing
> health costs, perhaps it's time for the FDA to entirely ban the usage
> of tabacco.]]> Fri, 12 Jun 2009 22:55:56 -0400
The tobacco thing is purely a political driven agenda...sort
of like global warming.


On Jun 12 08:49 AM spald_fr wrote:

> "Tobacco under FDA control"
>
> Tobacco is currently a legal product. Due to its inherent toxic
> effects (including addiction) and its contribution to ever-increasing
> health costs, perhaps it's time for the FDA to entirely ban the usage
> of tabacco.]]> http://seekingalpha.com/article/142519-why-gm-s-not-the-only-company-rush-limbaugh-should-boycott?source=feed#comment-542992 542992 recently GM ads have been running on his program, so I don't
really know what the point of this article is.


On Jun 10 11:32 PM Mr. Ed, Jr. wrote:

> The report is incorrect. Limbaugh does not support a boycott. (There
> is nothing in the author's quotes that has Limbaugh supporting the
> boycott-- he only is saying that many Americans are boycotting )
>
>
> The following is Limbaugh's response to the media story :
>
> " Now, for the record, ladies and gentlemen, I don't do boycotts.
> I do not sponsor them; I do not encourage them. I never have. I
> think it is media childishness when people start urging boycotts.
> I have never, ever done such a thing, and I didn't do this with General
> Motors. All I did, to clarify, was report a poll that said X number
> of Americans -- what was it, 18 or 20% -- say they are not going
> to buy a GM car anymore, after this bailout. "
>
> Also, I do not believe Sean Hannity is supporting a boycott. Last
> I heard, he was still doing "spontaneous" infomercials for his Cadillac.
>
>
> Hugh Hewitt was another conservative named in the Detroit News story.
> I do not know Hewitt's views on a boycott, but since the media has
> it wrong about Limbaugh (as usual), there is no reason to believe
> they got the rest of the story right.]]> Thu, 11 Jun 2009 18:26:50 -0400 recently GM ads have been running on his program, so I don't
really know what the point of this article is.


On Jun 10 11:32 PM Mr. Ed, Jr. wrote:

> The report is incorrect. Limbaugh does not support a boycott. (There
> is nothing in the author's quotes that has Limbaugh supporting the
> boycott-- he only is saying that many Americans are boycotting )
>
>
> The following is Limbaugh's response to the media story :
>
> " Now, for the record, ladies and gentlemen, I don't do boycotts.
> I do not sponsor them; I do not encourage them. I never have. I
> think it is media childishness when people start urging boycotts.
> I have never, ever done such a thing, and I didn't do this with General
> Motors. All I did, to clarify, was report a poll that said X number
> of Americans -- what was it, 18 or 20% -- say they are not going
> to buy a GM car anymore, after this bailout. "
>
> Also, I do not believe Sean Hannity is supporting a boycott. Last
> I heard, he was still doing "spontaneous" infomercials for his Cadillac.
>
>
> Hugh Hewitt was another conservative named in the Detroit News story.
> I do not know Hewitt's views on a boycott, but since the media has
> it wrong about Limbaugh (as usual), there is no reason to believe
> they got the rest of the story right.]]> http://seekingalpha.com/article/142648-republicans-offer-alternative-energy-bill-heavy-on-nuclear-oil-drilling?source=feed#comment-542980 542980 objective!

You are one of the group that doesn't understand that access
to ample, low cost energy is what makes an advanced, prosperous society.



On Jun 11 02:28 PM lancekoz wrote:

> Increased drilling should not be allowed without increased CAFE standards
> and a fuel tax that creates a steady price for gas to consumers in
> the 4 to 5 dollar range. Finally, we have half of that requirement
> in place.]]> Thu, 11 Jun 2009 18:17:00 -0400 objective!

You are one of the group that doesn't understand that access
to ample, low cost energy is what makes an advanced, prosperous society.



On Jun 11 02:28 PM lancekoz wrote:

> Increased drilling should not be allowed without increased CAFE standards
> and a fuel tax that creates a steady price for gas to consumers in
> the 4 to 5 dollar range. Finally, we have half of that requirement
> in place.]]> http://seekingalpha.com/article/141797-upon-further-review-california-voters-sending-mixed-messages?source=feed#comment-535767 535767
The original bill should not have been passed, except for lies and deception by its promoters and a gullible electorate. It was simply
a punish the rich tax and caused more than one person in that category
to leave this state, thus depriving the state of all of their tax dollars.

The state's problem is that any money that the legislators can get their hands on plus more is quickly spent. History shows this very clearly.

This time, the electorate, composed of a much higher percentage of engaged voters, coupled with the current economic downturn led to
massive rejection of the propositions.

Let the money pile up in the looney-tunes fund, Hopefully it is drawing
interest. Maybe at some point, the excess funds can be returned to
those it really belongs to....those that were forced to pay it.]]> Sun, 07 Jun 2009 12:14:47 -0400
The original bill should not have been passed, except for lies and deception by its promoters and a gullible electorate. It was simply
a punish the rich tax and caused more than one person in that category
to leave this state, thus depriving the state of all of their tax dollars.

The state's problem is that any money that the legislators can get their hands on plus more is quickly spent. History shows this very clearly.

This time, the electorate, composed of a much higher percentage of engaged voters, coupled with the current economic downturn led to
massive rejection of the propositions.

Let the money pile up in the looney-tunes fund, Hopefully it is drawing
interest. Maybe at some point, the excess funds can be returned to
those it really belongs to....those that were forced to pay it.]]> http://seekingalpha.com/article/139842-sorry-arnold-tarp-can-t-be-used-to-bail-out-the-golden-state?source=feed#comment-520455 520455 denial...they are trying every trick in the book to keep the insanity
going.

California citizen's are becoming increasingly frustrated with
their government.

Probably the only way out of this is to let the state go over the
cliff and then press the reset button and reform a more
rational government.

One poster said he would be a buyer of California bonds at
the right interest rate. I wouldn't touch them at any rate as
it is a very bad bet.]]> Wed, 27 May 2009 20:11:44 -0400 denial...they are trying every trick in the book to keep the insanity
going.

California citizen's are becoming increasingly frustrated with
their government.

Probably the only way out of this is to let the state go over the
cliff and then press the reset button and reform a more
rational government.

One poster said he would be a buyer of California bonds at
the right interest rate. I wouldn't touch them at any rate as
it is a very bad bet.]]> http://seekingalpha.com/article/138885-what-were-the-people-of-california-thinking?source=feed#comment-513730 513730 articles penned by out of touch writers or writers with an agenda.

As others have stated, California's problems are that of overspending for years and not a lack of revenue. This state government is over reaching and has been enabled in part by an uninformed and misled electorate.

This has finally changed and the electorate
has wised up to the games being played by the legislators, governor and government unions.

There are movements underway to recall certain legislators
and the governor from office for not doing the job that the
citizens wanted.

From this point forward California is not going to be the same place.
It will be better; much better.

The state doesn't need a bailout from the feds. In fact any bailout
will only make our problems worse.]]> Thu, 21 May 2009 21:31:51 -0400 articles penned by out of touch writers or writers with an agenda.

As others have stated, California's problems are that of overspending for years and not a lack of revenue. This state government is over reaching and has been enabled in part by an uninformed and misled electorate.

This has finally changed and the electorate
has wised up to the games being played by the legislators, governor and government unions.

There are movements underway to recall certain legislators
and the governor from office for not doing the job that the
citizens wanted.

From this point forward California is not going to be the same place.
It will be better; much better.

The state doesn't need a bailout from the feds. In fact any bailout
will only make our problems worse.]]> http://seekingalpha.com/article/138367-how-to-raise-a-good-energy-tax?source=feed#comment-510551 510551
There is no good energy tax...the cheaper energy is, the better for
society. Energy drives societal wealth.

No reason to transfer even more weath to that black hole known
as the U.S. government.]]> Tue, 19 May 2009 20:47:35 -0400
There is no good energy tax...the cheaper energy is, the better for
society. Energy drives societal wealth.

No reason to transfer even more weath to that black hole known
as the U.S. government.]]> http://seekingalpha.com/article/138325-charged-up-about-alternative-energy?source=feed#comment-510394 510394 generated electricity. Maybe good for the investor but not
the end user.

Makes you wonder whose side the government is on.]]> Tue, 19 May 2009 17:39:43 -0400 generated electricity. Maybe good for the investor but not
the end user.

Makes you wonder whose side the government is on.]]> http://seekingalpha.com/article/137180-is-the-state-of-california-broke?source=feed#comment-502414 502414 sorely needed.

Even though revenues are down, this is not a revenue problem; It's
a spending problem and a monster state government that will fight
to the death to continue growing on the backs of the taxpayer. This
is nothing new and has been going on for many years.

Reality is a bitch and it will soon be here.

Finally, it's laughable that all the threats about losing fireman, cops and
releasing all the prisoners on the state's populace is going to happen.
Those are the last things that will happen.

There is so much fat in the bloated state unions, waste in government operations, etc that are long overdue for major adjustments.

California is one of the highest taxed states in the country...that is
the problem that must be solved.
]]> Wed, 13 May 2009 14:23:53 -0400 sorely needed.

Even though revenues are down, this is not a revenue problem; It's
a spending problem and a monster state government that will fight
to the death to continue growing on the backs of the taxpayer. This
is nothing new and has been going on for many years.

Reality is a bitch and it will soon be here.

Finally, it's laughable that all the threats about losing fireman, cops and
releasing all the prisoners on the state's populace is going to happen.
Those are the last things that will happen.

There is so much fat in the bloated state unions, waste in government operations, etc that are long overdue for major adjustments.

California is one of the highest taxed states in the country...that is
the problem that must be solved.
]]> http://seekingalpha.com/article/136897-minyanville-subprime-lending-is-back-with-a-vengeance?source=feed#comment-501245 501245 it ultimately costs taxpayers.


On May 12 09:13 AM nym wrote:

> You give no indication of the size of these programs: they may be
> more window dressing to calm the lefties. In the case of California,
> like the feds, the money would have to be borrowed.]]> Tue, 12 May 2009 19:21:37 -0400 it ultimately costs taxpayers.


On May 12 09:13 AM nym wrote:

> You give no indication of the size of these programs: they may be
> more window dressing to calm the lefties. In the case of California,
> like the feds, the money would have to be borrowed.]]> http://seekingalpha.com/article/136153-feeling-the-buzz-ford-goes-electric?source=feed#comment-496239 496239
I want all of you to buy them and use less gasoline so it will stay cheap and I can continue to enjoy driving my Dodge Magnum wagon.

Thanks for your support and stay safe out there!]]> Fri, 08 May 2009 20:41:46 -0400
I want all of you to buy them and use less gasoline so it will stay cheap and I can continue to enjoy driving my Dodge Magnum wagon.

Thanks for your support and stay safe out there!]]> http://seekingalpha.com/article/134774-california-on-the-brink?source=feed#comment-488230 488230
California is among the highest taxed states in the U.S.
Education expenditures may not be the highest but are plenty high.
Meanwhile education performance is quite poor.

At current tax levels, businesses are leaving the state...raising property taxes will just make the exodus volume increase.

The state receives plenty of money...how it is being spent is clearly
not efficient.

The state is supposed to serve the citizens. Not the other way around.
The best way it can serve the citizens is to downsize itself...just as
the lifestyle of its citizens is being downsized in this economic
environment.


On May 03 02:30 AM Alan Young wrote:

> Of all the comments above, Moon Kil Woong is the one who has identified
> the real culprit here. The state constitution has stripped local
> government of the power to raise property taxes (Prop. 13), which
> essentially sticks the oversized state govt with problem of funding
> everything, notably schools. At the same time, the legislature is
> not allowed to raise taxes or even pass a budget without a 2/3 vote.
> A few ideological extremists hold the budget hostage every year,
> so nothing can be solved pragmatically.
>
]]> Mon, 04 May 2009 01:11:38 -0400
California is among the highest taxed states in the U.S.
Education expenditures may not be the highest but are plenty high.
Meanwhile education performance is quite poor.

At current tax levels, businesses are leaving the state...raising property taxes will just make the exodus volume increase.

The state receives plenty of money...how it is being spent is clearly
not efficient.

The state is supposed to serve the citizens. Not the other way around.
The best way it can serve the citizens is to downsize itself...just as
the lifestyle of its citizens is being downsized in this economic
environment.


On May 03 02:30 AM Alan Young wrote:

> Of all the comments above, Moon Kil Woong is the one who has identified
> the real culprit here. The state constitution has stripped local
> government of the power to raise property taxes (Prop. 13), which
> essentially sticks the oversized state govt with problem of funding
> everything, notably schools. At the same time, the legislature is
> not allowed to raise taxes or even pass a budget without a 2/3 vote.
> A few ideological extremists hold the budget hostage every year,
> so nothing can be solved pragmatically.
>
]]> http://seekingalpha.com/article/134774-california-on-the-brink?source=feed#comment-488221 488221 >California is not out of the woods yet. It still has the
> opportunity to commit financial suicide if voters fail to approve
> any one of the six crucial measures in a May 19 statewide election.

Better the state commit financial suicide than it's citizens...massive overspending by liberal Sacramento and unthinking or non-taxpaying voters has been standard fare here for years and it has got to stop.

I for one, am sorry that Wash. DC is sending a batch of 'funny money'
to the politicians here as it will just prolong the day of reckoning.

It's way past time that the greedy forces stop piling unmanagable and unimaginable debts on our children and future generations.

]]> Mon, 04 May 2009 00:51:19 -0400 >California is not out of the woods yet. It still has the
> opportunity to commit financial suicide if voters fail to approve
> any one of the six crucial measures in a May 19 statewide election.

Better the state commit financial suicide than it's citizens...massive overspending by liberal Sacramento and unthinking or non-taxpaying voters has been standard fare here for years and it has got to stop.

I for one, am sorry that Wash. DC is sending a batch of 'funny money'
to the politicians here as it will just prolong the day of reckoning.

It's way past time that the greedy forces stop piling unmanagable and unimaginable debts on our children and future generations.

]]> http://seekingalpha.com/article/134253-tata-nano-about-to-give-detroit-a-run-for-its-money?source=feed#comment-484425 484425 any information given.

The Nano is a great thing for India and other places like that. That
was what it was intended for. To bring it to other more affluent countries
may or may not ever happen and if it does it will be a long time.]]> Thu, 30 Apr 2009 14:14:24 -0400 any information given.

The Nano is a great thing for India and other places like that. That
was what it was intended for. To bring it to other more affluent countries
may or may not ever happen and if it does it will be a long time.]]> http://seekingalpha.com/article/133496-natural-gas-worth-a-look?source=feed#comment-481884 481884 I believe you will find via Obama's own public statements that
coal is hated and unless ways can be found to prevent it's emissions will be rendered dead.

And Global warming is not 'bloody real' despite what you think
and AlGore espouses. Further, NG usage doesn't negate the
dreaded CO2 that global warmers are so deathly afraid of.

I think you have partaken the kool-aid.

]]> Tue, 28 Apr 2009 21:41:57 -0400 I believe you will find via Obama's own public statements that
coal is hated and unless ways can be found to prevent it's emissions will be rendered dead.

And Global warming is not 'bloody real' despite what you think
and AlGore espouses. Further, NG usage doesn't negate the
dreaded CO2 that global warmers are so deathly afraid of.

I think you have partaken the kool-aid.

]]> http://seekingalpha.com/article/131653-buyer-beware-30-biggest-bankruptcy-risks?source=feed#comment-478365 478365
What do I do now????


]]> Sun, 26 Apr 2009 19:58:15 -0400
What do I do now????


]]> http://seekingalpha.com/article/132949-white-house-report-gm-volt-is-not-ready-for-prime-time?source=feed#comment-477168 477168 price is raised via taxation then I say that the new solution is
a very poor one.

That is what I would expect from an agenda driven government,
not from a practical, thinking government.

New ways to do things should offer benefits unavailable
with the old way in such quantity as to command a higher price,
not because of a government distortion of the pricing system.


On Apr 24 08:57 AM Steven Chu wrote:

> The US only has the production capacity for hamsters - but Asia has
> horses. And they are Li-ion horses being sold in massive quantities.
>
>
> The dumbest thing we could do is not stimulate these firms. Of course
> they are losing. And that is partially due to poor historical policy
> to create incentives for better technology, manufacturing, and cost
> reduction. Subsidized gas instead of subsidized EVs and batteries.
>
>
> It will be expensive. But stimulating these companies is necessary.
>
>
> Battery technology and vehicle design must be parallel processes
> and must be continuous. We may end up driving GM/Segway PUMAs instead
> of sedans, but it won't happen with US batteries if we sit on the
> sidelines.
>
> And remember, half of the battle is getting consumers used to the
> idea of using a different type of vehicle - this needs time, momentum,
> and marketing. It won't happen unless there are incentives from the
> consumer and producer sides, and unless alternatives (combustion
> horses) ado not have their carbon mitigation costs priced in.
>
> $27 billion manufacturer incentives, $7500 consumer subsidy, government
> purchase of EV fleets, and gas tax for $3.50 gas. This is the formula
> for change.
> ]]> Sat, 25 Apr 2009 14:22:13 -0400 price is raised via taxation then I say that the new solution is
a very poor one.

That is what I would expect from an agenda driven government,
not from a practical, thinking government.

New ways to do things should offer benefits unavailable
with the old way in such quantity as to command a higher price,
not because of a government distortion of the pricing system.


On Apr 24 08:57 AM Steven Chu wrote:

> The US only has the production capacity for hamsters - but Asia has
> horses. And they are Li-ion horses being sold in massive quantities.
>
>
> The dumbest thing we could do is not stimulate these firms. Of course
> they are losing. And that is partially due to poor historical policy
> to create incentives for better technology, manufacturing, and cost
> reduction. Subsidized gas instead of subsidized EVs and batteries.
>
>
> It will be expensive. But stimulating these companies is necessary.
>
>
> Battery technology and vehicle design must be parallel processes
> and must be continuous. We may end up driving GM/Segway PUMAs instead
> of sedans, but it won't happen with US batteries if we sit on the
> sidelines.
>
> And remember, half of the battle is getting consumers used to the
> idea of using a different type of vehicle - this needs time, momentum,
> and marketing. It won't happen unless there are incentives from the
> consumer and producer sides, and unless alternatives (combustion
> horses) ado not have their carbon mitigation costs priced in.
>
> $27 billion manufacturer incentives, $7500 consumer subsidy, government
> purchase of EV fleets, and gas tax for $3.50 gas. This is the formula
> for change.
> ]]>