Virgilio

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    • Thu Oct 23rd 10:12 AM | Rating: 0 0
      Commented on:
      We've Only Just Begun - Cramer's Mad Money (10/22/08)
      Had followed Cramer when he said 2008 was the year of natural gas and to buy wildcat drillers such as REXX, HK and to now buy high dividend paying stocks. He changes more than our volatile market with even less reliance. Oh, and he said sometime ago that we would probably have a V not an L recession, if we had one. He joins the ranks of rating agencies.
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    • Mon Oct 20th 15:34 PM | Rating: 0 0
      Commented on:
      Not Your Grandfather's Great Depression
      Agree, banks create money out of thin air through fractional reserve banking, which adds to the inflationary spiral of the money supply. (The other culprit is the Fed.) This will not be abated unless and until there is a monetary crises big enough and long enough and painful enough to cause massive changes in our monetary system. Until then, we will continue to kick the can down the road to the next generation.
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    • Mon Oct 20th 11:04 AM | Rating: 0 0
      Commented on:
      Not Your Grandfather's Great Depression
      Peter Schiff is right on, and I wish it were not so. As the 1 trillion + dollars in new money pours into the credit and financial markets and ripples outward, the early receivers of the new money will benefit but those who are at the end of the chain, mainly the poor and those on fixed income, will never benefit; moreover, they will be hurt substantially as the constant dilution of the money supply will cause prices to rise even more. The meddling by FDR's New Deal caused what would have been a 2-3 year severe recession into a ten year depression. The egoism of the wizards, Ben and Hank, coupled with the doltishness of George, Nancy et al will result in much misery for all, not sooner but later.
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    • Mon Oct 20th 10:40 AM | Rating: 0 0
      Commented on:
      Things Aren't as Bad as They Seem - Barron's
      "Things aren't as they seem, skim milk masquerading as cream." Gilbert and Sullivan.
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    • Wed Oct 8th 10:59 AM | Rating: 0 0
      Commented on:
      Four Stocks that May Go Up After the Temporary Bottom
      No mention of amount of yield, though I guess we can all figure it out on our own. What about PFE yielding about 7.2% at current price with a big enough cash draw to cover?
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    • Wed Oct 8th 10:57 AM | Rating: 0 0
      Commented on:
      Four Stocks that May Go Up After the Temporary Bottom
      No mention made of yield at those prices, though I guess we can figure it out. What about PFE yielding 7.5% with a big cash drawer to cover?
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    • Mon Sep 15th 10:28 AM | Rating: 0 0
      Commented on:
      The U.S. on the Precipice
      It is axiomatic, that an organization too big to fail, i.e., Frannie, has become too big to exist as it is. I'm amazed by a previous post that opines SS is mandatory for those who are too profligate to save for themselves but what has been set up, SS, probably won't be there when needed. And that's a good thing?
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    • Wed Sep 10th 11:06 AM | Rating: 0 0
      Commented on:
      The Fannie/Freddie Bailout: Consequences to the U.S. Taxpayer
      Memo to all frogs: If you haven't jumped out of the boiling water yet JUMP NOW!
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    • Tue Sep 9th 11:38 AM | Rating: 0 0
      Commented on:
      Fannie/Freddie Bailout 'Disastrous Fiasco'
      What me worry? Inflation will bail us out. Foreign governments will bail is out. The American taxpayer of the future will bail us out. All is well.
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