freddie's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/164715/comments http://seekingalpha.com/article/123511-cramer-s-stop-trading-the-good-dividend-cut-2-27-09?source=feed#comment-409621 409621
The only honest and appropriate recommendation I have heard from the guy was when a retiree called in to tell Cramer he just received a big disbursement from his folding retirement fund, and asked for stock advice. Cramer told him he didn't belong in the market, and told him to get a CD. Then he said, "I can't believe it, did I just recommend a CD." Yeah, you did Cramer, you finally made a proper and prudent recommendation to a retiree. "Class Warefare"!!!, it has been conducted against the working and middle classes for decades, and this con artist, shill and entertainer dares to defend banksters who still are running the show!!!! ]]> Mon, 02 Mar 2009 13:06:02 -0500
The only honest and appropriate recommendation I have heard from the guy was when a retiree called in to tell Cramer he just received a big disbursement from his folding retirement fund, and asked for stock advice. Cramer told him he didn't belong in the market, and told him to get a CD. Then he said, "I can't believe it, did I just recommend a CD." Yeah, you did Cramer, you finally made a proper and prudent recommendation to a retiree. "Class Warefare"!!!, it has been conducted against the working and middle classes for decades, and this con artist, shill and entertainer dares to defend banksters who still are running the show!!!! ]]> http://seekingalpha.com/article/120459-the-geithner-obama-plan-will-fail?source=feed#comment-387520 387520 Fri, 13 Feb 2009 14:03:09 -0500 http://seekingalpha.com/article/116243-jeremy-grantham-we-need-to-halve-private-debt?source=feed#comment-365036 365036 Sat, 24 Jan 2009 13:34:17 -0500 http://seekingalpha.com/article/115038-banks-not-lending-anymore-simply-untrue?source=feed#comment-358488 358488
There is a guy on that channel named Joe something. Used to have his hair bushy and messy. Today it's trimmed, with a more clean cut look. The day before the DotCom crash, he looked into the camera and said sternly, "if your financial advisor does not have you in tech, you better ask him why." Wish I possessed that footage. A bunch of whores.]]> Sat, 17 Jan 2009 12:34:25 -0500
There is a guy on that channel named Joe something. Used to have his hair bushy and messy. Today it's trimmed, with a more clean cut look. The day before the DotCom crash, he looked into the camera and said sternly, "if your financial advisor does not have you in tech, you better ask him why." Wish I possessed that footage. A bunch of whores.]]> http://seekingalpha.com/article/111198-deflation-is-just-around-the-corner?source=feed#comment-332210 332210
globalresearch.ca/inde... ]]> Wed, 17 Dec 2008 13:09:26 -0500
globalresearch.ca/inde... ]]> http://seekingalpha.com/article/109210-the-manipulation-of-gold-prices?source=feed#comment-323061 323061

On Dec 05 10:28 AM Ryan wrote:

> Good article. Citigroup think's gold is going to $2,000, as I explain
> here:
>
> freundinvesting.com/20.../
> ]]> Sun, 07 Dec 2008 12:33:22 -0500

On Dec 05 10:28 AM Ryan wrote:

> Good article. Citigroup think's gold is going to $2,000, as I explain
> here:
>
> freundinvesting.com/20.../
> ]]> http://seekingalpha.com/article/108340-friday-outlook-an-enigmatic-bounce?source=feed#comment-316769 316769
Historically, when did the market previously rise 15% on three consecutive trading days? Answer: 1932. Ah, that gives some clarity. The market bears little relationship to the economy right now, it's just another casino.

Can we get out of this by dealing bank by bank without Obama needing to proclaim an extended Bank Holiday and a massive nationalization to sort out the mess??? And will insured cash deposits be honored without an official devaluation? I sure hope so or I will be wishing I had been more of a pure gambler.]]> Fri, 28 Nov 2008 12:01:22 -0500
Historically, when did the market previously rise 15% on three consecutive trading days? Answer: 1932. Ah, that gives some clarity. The market bears little relationship to the economy right now, it's just another casino.

Can we get out of this by dealing bank by bank without Obama needing to proclaim an extended Bank Holiday and a massive nationalization to sort out the mess??? And will insured cash deposits be honored without an official devaluation? I sure hope so or I will be wishing I had been more of a pure gambler.]]> http://seekingalpha.com/article/106770-can-central-bankers-prevent-a-great-depression?source=feed#comment-309894 309894 Wed, 19 Nov 2008 11:19:46 -0500 http://seekingalpha.com/article/106489-why-obama-should-not-choose-summers-as-treasury-secretary?source=feed#comment-309012 309012 Tue, 18 Nov 2008 12:25:21 -0500 http://seekingalpha.com/article/106108-is-buy-and-hold-dead-hardly?source=feed#comment-306788 306788
Sounds great, very logical, prudent. But what guarantee is there that these companies will be able to continue to pay 5% or more? So is the reduction of dividend a sell sign?

Just think how much those in "insured" cash have made by protecting principal while benefitting from the "miracle of compound interest."
Over the last year, a minimum of 30%, up to 50-60%, in protected principal + compound interest, and when in state bonds, the addition of tax savings of about 40% to 44% on interest depending on individual state income tax. Hmmm. Looks good, unless the rush from gambling is worth the losses of those who bought into the "think long" and be "diversified" mantra the talking heads are paid to throw at us daily.

If you folks are willing to think in 10-year periods, think real estate and rents and appreciation and tax breaks galore. Get out there and pick up a few repos, especially duplexes and triplexes, and you will be very well off 10 years from now. If you play the market, you might as well go to Vegas or your local Indian casino, and play black and red on roulette, and play the 2-1 line, and don't forget to cover the house numbers with a 11-1 play. And there is no additional commission. But stay away from the poker tables where there are professionals working with partners. The poker tables are a lot like the stock market. LOL.





]]> Sat, 15 Nov 2008 14:39:56 -0500
Sounds great, very logical, prudent. But what guarantee is there that these companies will be able to continue to pay 5% or more? So is the reduction of dividend a sell sign?

Just think how much those in "insured" cash have made by protecting principal while benefitting from the "miracle of compound interest."
Over the last year, a minimum of 30%, up to 50-60%, in protected principal + compound interest, and when in state bonds, the addition of tax savings of about 40% to 44% on interest depending on individual state income tax. Hmmm. Looks good, unless the rush from gambling is worth the losses of those who bought into the "think long" and be "diversified" mantra the talking heads are paid to throw at us daily.

If you folks are willing to think in 10-year periods, think real estate and rents and appreciation and tax breaks galore. Get out there and pick up a few repos, especially duplexes and triplexes, and you will be very well off 10 years from now. If you play the market, you might as well go to Vegas or your local Indian casino, and play black and red on roulette, and play the 2-1 line, and don't forget to cover the house numbers with a 11-1 play. And there is no additional commission. But stay away from the poker tables where there are professionals working with partners. The poker tables are a lot like the stock market. LOL.





]]> http://seekingalpha.com/article/105657-let-s-clarify-the-worst-economy-since-debate?source=feed#comment-305202 305202
And stagflation appears to be gaining momentum. I base this on empirical observation. I thought this would be a good time to remodel a house for rental. We are now completing the kitchen. Even high end sellers of kitchen equipment will meet Home Depot's prices. Yes, Home Depot now carries high end kitchen products. However, when I selected some high end stainless sinks, faucets, etc. after visiting several showrooms, when i returned just a week later to make the purchase, the price had gone up 8%! The explanation - supply is down - hard to get!

And I decided to do deferred maintenance on my boat with a Volvo Penta diesel engine. Marine mechanics are now asking $90 to $100 an hour, and Volvo Penta just increased parts prices another 10%. Not scientific you say, but isn't this how we knew all along in our everyday lives that the Govt was BSing inflation rates? Look out for anything made of metals. You ain't seen nothin yet.




]]> Thu, 13 Nov 2008 11:43:25 -0500
And stagflation appears to be gaining momentum. I base this on empirical observation. I thought this would be a good time to remodel a house for rental. We are now completing the kitchen. Even high end sellers of kitchen equipment will meet Home Depot's prices. Yes, Home Depot now carries high end kitchen products. However, when I selected some high end stainless sinks, faucets, etc. after visiting several showrooms, when i returned just a week later to make the purchase, the price had gone up 8%! The explanation - supply is down - hard to get!

And I decided to do deferred maintenance on my boat with a Volvo Penta diesel engine. Marine mechanics are now asking $90 to $100 an hour, and Volvo Penta just increased parts prices another 10%. Not scientific you say, but isn't this how we knew all along in our everyday lives that the Govt was BSing inflation rates? Look out for anything made of metals. You ain't seen nothin yet.




]]> http://seekingalpha.com/article/103570-bye-bye-dividends?source=feed#comment-297610 297610

On Nov 03 01:41 PM coolsoupy wrote:

> Uh - I can't work - how else do I get monthly checks besides dividends?

Coolsoupy,

I too am retired. If "dividends" mean the bulk of your life's capital is in equities, that's a lot of risk since you can't earn it again. Besides having dividend paying stocks or stock funds, there are municipals, particularly very safe tax free state bonds, several kinds of Treasury notes and bonds, and plain old FDIC insured CDs. You don't need a fund to own them and pay no commissions. Also, in recessions, not only does the stock price take a hit, but dividends can and will be cut. So just suggesting that diversification means divident paying stocks but a good percentage in other investments that just about insure your principal. JMHO.]]> Mon, 03 Nov 2008 17:21:04 -0500

On Nov 03 01:41 PM coolsoupy wrote:

> Uh - I can't work - how else do I get monthly checks besides dividends?

Coolsoupy,

I too am retired. If "dividends" mean the bulk of your life's capital is in equities, that's a lot of risk since you can't earn it again. Besides having dividend paying stocks or stock funds, there are municipals, particularly very safe tax free state bonds, several kinds of Treasury notes and bonds, and plain old FDIC insured CDs. You don't need a fund to own them and pay no commissions. Also, in recessions, not only does the stock price take a hit, but dividends can and will be cut. So just suggesting that diversification means divident paying stocks but a good percentage in other investments that just about insure your principal. JMHO.]]> http://seekingalpha.com/article/103570-bye-bye-dividends?source=feed#comment-297305 297305
And to the others that claim to live solely off dividends, you need to quickly reexamine the word "diversification." ]]> Mon, 03 Nov 2008 11:50:16 -0500
And to the others that claim to live solely off dividends, you need to quickly reexamine the word "diversification." ]]> http://seekingalpha.com/article/99544-the-bottom-s-within-sight-barron-s?source=feed#comment-280604 280604
I'll just add that many moon ago when I was living in Argentina, I read an article in Marcha, a left-wing Urugayan weekly, by James Petras, a leftist academic sociologist and specialist in Latin America. It was on the riots in the US in response to the assasinations in 1968. It was titled El Saqueo como Politica, y La Politica como Saqueo, which means Looting as Politics and the Politics of Looting. Petras noted that the rage of the disenfranchissed was directed to looting longed for commodities instead of in any organized political organizing. Decades later, the LA Riots in reaction to sanctioned police brutality were directed at massive looting. Just imagine what will happen in our urban areas once commodity consuption is restricted by no credit and increasing unemployment. The religion of America is consumption - you are what you wear, you are what you drive, or you are nothing. After 911, our Decider declared, "shop"!

The US is bankrupt, and the credit bubble cannot be duplicated in the short term. Massive inflation is the only way to buy time, and massive public works and maybe a real physical green revolution can provide productive investment, but that means progressive decoupling from the world economy. But this is a violent country, and I fear you haven't seen nothing yet while you all await "the bottom" to try to make a few devalued bucks.]]> Sun, 12 Oct 2008 13:02:45 -0400
I'll just add that many moon ago when I was living in Argentina, I read an article in Marcha, a left-wing Urugayan weekly, by James Petras, a leftist academic sociologist and specialist in Latin America. It was on the riots in the US in response to the assasinations in 1968. It was titled El Saqueo como Politica, y La Politica como Saqueo, which means Looting as Politics and the Politics of Looting. Petras noted that the rage of the disenfranchissed was directed to looting longed for commodities instead of in any organized political organizing. Decades later, the LA Riots in reaction to sanctioned police brutality were directed at massive looting. Just imagine what will happen in our urban areas once commodity consuption is restricted by no credit and increasing unemployment. The religion of America is consumption - you are what you wear, you are what you drive, or you are nothing. After 911, our Decider declared, "shop"!

The US is bankrupt, and the credit bubble cannot be duplicated in the short term. Massive inflation is the only way to buy time, and massive public works and maybe a real physical green revolution can provide productive investment, but that means progressive decoupling from the world economy. But this is a violent country, and I fear you haven't seen nothing yet while you all await "the bottom" to try to make a few devalued bucks.]]> http://seekingalpha.com/article/99511-where-is-the-global-economy-headed-now?source=feed#comment-280567 280567
Congratulations!!!]]> Sun, 12 Oct 2008 12:24:54 -0400
Congratulations!!!]]> http://seekingalpha.com/article/99074-global-coordinated-rate-cut-nice-try-but-the-party-is-over?source=feed#comment-278010 278010
Countries like Germany have guaranteed all deposits and the FDIC has temporarily raised coverage to $250,000 to get cash back to the banks. The change is POD coverage from "eligible beneficiaries" to anyone including your cat is even more important - you can load up on insured amounts and long term.

But that isn't good for equity markets. So I think the rate cuts, yes coordinated, were lobbyied for to get money back to the stock markets.

An example: on Tues morning, Wamu was offering 5% on 12 and 13 mos. CDs. Then the Bernancke speech, and within hours, Wamu reduced the rate to 4%. After the coordinated rate cut was announced on Weds., Wamu cut the 12 mos rate to 3%!!!! Two percent in two days!! The hope is to combine consolidation of banking with less options to lower savings rates and force some of the money that will go into MM and CDs with the enhanced insurance protection back into the markets. Whether this will work, who knows under the real economic conditions, but to me it demonstrates how political the economic process continues.]]> Thu, 09 Oct 2008 15:30:35 -0400
Countries like Germany have guaranteed all deposits and the FDIC has temporarily raised coverage to $250,000 to get cash back to the banks. The change is POD coverage from "eligible beneficiaries" to anyone including your cat is even more important - you can load up on insured amounts and long term.

But that isn't good for equity markets. So I think the rate cuts, yes coordinated, were lobbyied for to get money back to the stock markets.

An example: on Tues morning, Wamu was offering 5% on 12 and 13 mos. CDs. Then the Bernancke speech, and within hours, Wamu reduced the rate to 4%. After the coordinated rate cut was announced on Weds., Wamu cut the 12 mos rate to 3%!!!! Two percent in two days!! The hope is to combine consolidation of banking with less options to lower savings rates and force some of the money that will go into MM and CDs with the enhanced insurance protection back into the markets. Whether this will work, who knows under the real economic conditions, but to me it demonstrates how political the economic process continues.]]> http://seekingalpha.com/article/97093-what-should-a-banking-crisis-bill-really-look-like?source=feed#comment-263549 263549
And here I get Ed's considered analysis. Thanks Ed, you restored my faith that it is worthwhile to read SA. ]]> Wed, 24 Sep 2008 11:11:15 -0400
And here I get Ed's considered analysis. Thanks Ed, you restored my faith that it is worthwhile to read SA. ]]> http://seekingalpha.com/article/96603-u-s-household-net-worth-is-up-by-43-since-2002?source=feed#comment-261581 261581 Mon, 22 Sep 2008 12:20:25 -0400 http://seekingalpha.com/article/96645-more-on-global-subprime-banking-fallout-housing-tracker?source=feed#comment-261514 261514 Mon, 22 Sep 2008 11:46:17 -0400 http://seekingalpha.com/article/94088-obama-s-windfall-profits-proposal-is-dangerous?source=feed#comment-246455 246455
Bailouts for Banks and brokerages are just smart measures, and so, so capitalist. Listen to Gross: he loves socialism for the rich:

www.bloomberg.com/apps...
]]> Fri, 05 Sep 2008 14:36:21 -0400
Bailouts for Banks and brokerages are just smart measures, and so, so capitalist. Listen to Gross: he loves socialism for the rich:

www.bloomberg.com/apps...
]]> http://seekingalpha.com/article/91274-america-s-fiscal-crisis-tough-decisions-needed-now?source=feed#comment-232396 232396 Sun, 17 Aug 2008 12:23:44 -0400 http://seekingalpha.com/article/85669-historic-financial-collapse-underway?source=feed#comment-209913 209913
LMAO! You begin and end coherently by describing 'greedy speculation' spurred by stripped away government regulation, lobbied ridiculous capital gains real estate give aways, inflationary interest rates maintained by Fed Reserves, private banks, and then conclude by exempting all players except the politicians who are under the material influence of the same forces of speculation!

And you perpetuate the idea that Big Oil conducts its business through the spot and futures oil markets because you are so concentrated on physical gold and silver which IS traded on the spot market. And you left out one scenario that is happening right in front of you - statification. Don't you find it interesting that IndyMac Bank was not liquidated, but reborn as IndyMac FEDERAL BANK, F.S.B.???? And one more thing, you express concern for the middle classes (what, no working class?), but you are willing to throw the mass of seniors with dwindling resources on the mercy of private medicine by liquidating the most functional safety net we have and the model for a national health plan- Medicare. Yes, go ahead and take physical possession of gold and heavy silver bags of coins, and then hope you don't lose it all to a home invasion robbery if the scenario you hope for comes to pass.
]]> Sun, 20 Jul 2008 13:27:39 -0400
LMAO! You begin and end coherently by describing 'greedy speculation' spurred by stripped away government regulation, lobbied ridiculous capital gains real estate give aways, inflationary interest rates maintained by Fed Reserves, private banks, and then conclude by exempting all players except the politicians who are under the material influence of the same forces of speculation!

And you perpetuate the idea that Big Oil conducts its business through the spot and futures oil markets because you are so concentrated on physical gold and silver which IS traded on the spot market. And you left out one scenario that is happening right in front of you - statification. Don't you find it interesting that IndyMac Bank was not liquidated, but reborn as IndyMac FEDERAL BANK, F.S.B.???? And one more thing, you express concern for the middle classes (what, no working class?), but you are willing to throw the mass of seniors with dwindling resources on the mercy of private medicine by liquidating the most functional safety net we have and the model for a national health plan- Medicare. Yes, go ahead and take physical possession of gold and heavy silver bags of coins, and then hope you don't lose it all to a home invasion robbery if the scenario you hope for comes to pass.
]]> http://seekingalpha.com/article/81414-james-galbraith-joins-the-obamanomics-team?source=feed#comment-186587 186587
Then he knows little about oil and either do you. All Saudi oil is sold by contract and none goes into the spot or futures markets whose prices are broadcast daily as the "real" price of a barrel of oil, and about 5% is ever delivered. Mexico does not sell into the spot or futures markets either - it comes here under a contract price, and itsure ain't $135 a barrel or the oil companies couldn't post record profits.

If you mean the Russians and Saudis control the price by limiting production, then explain why the Saudis announcement to produce 200,000 more barrels per day resulted in increased oil prices. The speculative paper futures price is being taken advantage of to gouge the world economy. Joseph Pogue, head of Standard in 1928 stated, "it matters little who owns the oil, what matters is who extracts, transports it, refines it, and markets it." Nothing has changed.]]> Mon, 16 Jun 2008 14:45:47 -0400
Then he knows little about oil and either do you. All Saudi oil is sold by contract and none goes into the spot or futures markets whose prices are broadcast daily as the "real" price of a barrel of oil, and about 5% is ever delivered. Mexico does not sell into the spot or futures markets either - it comes here under a contract price, and itsure ain't $135 a barrel or the oil companies couldn't post record profits.

If you mean the Russians and Saudis control the price by limiting production, then explain why the Saudis announcement to produce 200,000 more barrels per day resulted in increased oil prices. The speculative paper futures price is being taken advantage of to gouge the world economy. Joseph Pogue, head of Standard in 1928 stated, "it matters little who owns the oil, what matters is who extracts, transports it, refines it, and markets it." Nothing has changed.]]> http://seekingalpha.com/article/80467-investors-at-risk-of-losing-everything?source=feed#comment-181526 181526
Obama = double digit interest rates. Hmmm, sounds good to me. As of last Monday I am totally in cash, except for SGen and IMMG. The only thing I'm willing to bet right now is an effective treatment for cancer.]]> Sun, 08 Jun 2008 18:53:19 -0400
Obama = double digit interest rates. Hmmm, sounds good to me. As of last Monday I am totally in cash, except for SGen and IMMG. The only thing I'm willing to bet right now is an effective treatment for cancer.]]> http://seekingalpha.com/article/79988-you-are-to-blame-sobering-words-from-dallas-fed-president?source=feed#comment-179263 179263 Wed, 04 Jun 2008 14:12:40 -0400 http://seekingalpha.com/article/78780-credit-crisis-indicators?source=feed#comment-174040 174040 Mon, 26 May 2008 12:12:39 -0400 http://seekingalpha.com/article/78404-senator-dodd-s-housing-solution-cramer-s-mad-money-5-21-08?source=feed#comment-171864 171864 Thu, 22 May 2008 12:00:54 -0400 http://seekingalpha.com/article/77162-retail-numbers-show-growth-undermine-recession-claims?source=feed#comment-167717 167717 Wed, 14 May 2008 19:59:14 -0400 http://seekingalpha.com/article/71268-backroom-bear-stearns-deal-exposed?source=feed#comment-145985 145985
Good to know that Ron Paul is not a moronic, simplistic anti-semite like you.]]> Sun, 06 Apr 2008 13:09:46 -0400
Good to know that Ron Paul is not a moronic, simplistic anti-semite like you.]]> http://seekingalpha.com/article/70520-hitting-the-reset-button-on-home-mortgages?source=feed#comment-134274 134274
The majority went in with eyes open hoping for the bubble to continue and to get out in two to five years with tax advantaged big capital gains. They gambled and lost, tough luck and good luck next time. In any case, the bailout is for the lenders, and if interest rates continue to be lowered, maybe another bubble down the road. I lived in Argentina, a nation in almost perpetual stagflation, and every time the housing bubble busted, it revived again a few years later when other speculative outlets dried up. The Argentines were flipping years before the US bubble. But all you stock market fanatics should look to property price recoveries and rents for the long term (think in 10 year periods) by getting started now. I bought residential and a little industrial in the early 1990s downturn in CA and would be a sad sack today if I had just depended on my gambling in equities for my retirement.]]> Mon, 31 Mar 2008 17:08:59 -0400
The majority went in with eyes open hoping for the bubble to continue and to get out in two to five years with tax advantaged big capital gains. They gambled and lost, tough luck and good luck next time. In any case, the bailout is for the lenders, and if interest rates continue to be lowered, maybe another bubble down the road. I lived in Argentina, a nation in almost perpetual stagflation, and every time the housing bubble busted, it revived again a few years later when other speculative outlets dried up. The Argentines were flipping years before the US bubble. But all you stock market fanatics should look to property price recoveries and rents for the long term (think in 10 year periods) by getting started now. I bought residential and a little industrial in the early 1990s downturn in CA and would be a sad sack today if I had just depended on my gambling in equities for my retirement.]]>