Deflation Is Just Around the Corner [View article]
Wow, Ed is usually right on, as subsequent events reveal, but this time he is declaring the moment (in relative terms) as a long term situation in the face of macro monetary policy leading (shortly in relative terms) in one direction - hyperinflation, likely hyper-stagflation. As other commenters have said, everyday consumption continues inflated, and about 6 months from now, Opec cuts will come home to roost. Instead of me laying it out, read Engdahl, slowly:
Can Central Bankers Prevent a Great Depression? [View article]
Excellent summary article! Wonder how much longer those enticing dividends on beaten down stocks can continue. This article helped steady my hand hovering over the keys of my computer to buy for the dividend.
> 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.
America's Fiscal Crisis: Tough Decisions Needed Now [View article]
Excellent summary essay Quinn. And Wiskey has the guts to state the full extent of the horror of what has been done in our name. If we had a parliamentary system, a political solution might be possible through a voting coalition of honest conservatives and progressives who have come full circle in their understanding of what has happened and what has to be done. Like P C Roberts and Pat Buchanan, I am so far to to the right now that I am all the way over to the left, or vice-versa. But we have one party with two wings both controlled by the same financial/industrial/m... conglomerates. The future looks bleak, and now the spectre of nuclear war is again front and center as Bush gives puppets like the Georgian leader the go ahead to attack civilians to provoke the encircled Russians. And he still has months to go in office with the spectre of two candidates to follow whose advisors only differ on the regional focus of empire building. I kind of chuckle sadly as I read this site dedicated to the little investor who is trying to defend petty principal in the face of the errosion of every sector of US civil and economic life, and realize that there are still too many CLHs befuddled out there.
"They will probably believe the lies they're told by the mainstream press about "greedy" speculators and evil oil companies. They will almost surely support the policies and the politicians who are actually responsible for their increasing poverty."
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.
Home Prices Fall 11.4% in January: A Chance to Hit Bottom? [View article]
What is this "socialist government" crap that I read here. The government is controlled by business, commercial and financial elites, and we got reduced regulation of everything - far from "socialist". Is George Bush the epitome of "socialist" leadership?!? But we do have socialism for the rich - the rich demand no regulation of profit, but a quick socialization of loss. Your witnessing it right now in action and still obfuscating with lines like "socialist government". Sophomoric!
Deflation Is Just Around the Corner [View article]
globalresearch.ca/inde...
Can Central Bankers Prevent a Great Depression? [View article]
Bye-Bye Dividends [View article]
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.
Bye-Bye Dividends [View article]
And to the others that claim to live solely off dividends, you need to quickly reexamine the word "diversification."
America's Fiscal Crisis: Tough Decisions Needed Now [View article]
Historic Financial Collapse Underway? [View article]
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.
Home Prices Fall 11.4% in January: A Chance to Hit Bottom? [View article]