Gumby

Has Stagnating Innovation Led to This Economic Crisis?

Oil prices fell which was good news yet it is interpreted as bad news for alternate energy investors who suddenly gave up based on lack of profitability.. Nobody else did anyhing about it but sat on hands.. Sure enough, oil pices will rebound and it will be too late all over again... everyone is gutless... warrenbuffet is the worst gutless wussy invstor of all yet hemade billions... something is really wrong with this economy... too many girlie investors... cowards running amok!!! it is not all about profitability it is also about survivalability... dont worry about profits... just get to work and beat Big Oil offf!!! Big Oil investors is still cocky even at $35 oil barrels.. they knew that oil prces will go up .. they dontcare!!! people dont stop andthink and figure how to surivive.... history repeats itself.... you write arheaded articles to wind it along...

Has Stagnating Innovation Led to This Economic Crisis?

Even for those with more advanced financial knowledge, there is still higher levels of finacial gamesmanship all the way up.. Look at Madoff ponz i scheme... All levels of people are constantly attacked by Dicken capialists manning sophiscated computers that automatically hack into people'scomputers to update their portfolios and rejiggering programmed tradings to counter their portfolios.. Wall Street is just another bunch of striped suited tax collectors who happen not to enjoy living in Wsaington DC... Far leftists and Far Rightist Wingers do nothing but collect taxes in all kinds of unimaginable covers... Dollars will fall in value. There is no controll The Fed Reserve failed to note whether there is sufficent oil supplies for our SUVs and PickUps still on the road... You see what I mean?? Too much speicalities .. Specialists burrwoing into their narrow Alice in Wonderland incest of finances without communicating with eachother but just empty plates by Mad Hatters!!!

Has Stagnating Innovation Led to This Economic Crisis?

Credit cards can send peristent late payers to court and the bad credit customers can attend credit anger management to bone up with financial responsibilities.. etc.. no sir credit cards want them to keep paying 27% or 60% and end up lsoing homes ... Credit card companies created finaincial mess for our economy by looking away while collecting lush monthlypayments and complain about losses on non payments .. Why should we allow credit card companies pile problems on our shoulders/?? It is their job to educate credit card holders to be responsible with payments with literature by mail or by website and email.. Comunications is the key.. Many people never had a father or a mother who teach financial responsiblities.. Too many broken homes and those people are really struggling with low intelligience . They are really clueless about the financial jungle out there... They may be street smart but not financial smart at all. Little injections of socialsim can do the trick sometimes.. Pure Dickens cApitalism never work and usually sucks!

Has Stagnating Innovation Led to This Economic Crisis?

Credit cards punished late payers with 27% interest only to end up with non payments at all . Credit cards lost money on non payers and the vicious cycles goes around... HOme borrowers end up paying higher interest rates because of low ratings from credit cards.. Who dont want to be paid high interest rates... Savers craves high interest incomes... Those are the people who caused this major financial crisis... Why fuss so much over late payments for credit cards.. Wont a slap on the hand suffice instead of perennial 27% interest up from already high 13 % or so... sometimes even 60%.. There had been complaints to no avail.. Why is nobody out there to compete those VISAs, MasterCARDs and Discover and AMEX with lower interest rates and more forgiving interest rates with slap on wrists . We are already cutting credit cards and start anew on cash only... You see what I am saying?? People can get crazy with greed and Scrooge liek mentality... Bah Humbug??

Has Stagnating Innovation Led to This Economic Crisis?

The rich wanted tax cuts and perks We gave them so many times... The rich grew richer and dumber with money they dont know how to spend .... other than yachts and jwhores... led to this financcial crisis...

Has Stagnating Innovation Led to This Economic Crisis?

The persistence of Charles Dickens' Scrooge like economic situations led to today's economic crisis... HIgh oil prices thanks to SUVs and pickUPs. Punitive interest rates for late payments of credit cards.. etcetra.... People are still chopping firewood and pollutin air with soot and particulates while we already have cayaltic converters designed for stove pipes and chimneys... EPA has yet to enforce installations of those for millions grandfathered homes.. My neighbor just installed it yesterday, Thank God!!

Earnings Preview: Cisco Systems

Pardon me for being off the point or the story above.. but , but it is a must reading here..

Our govt can offer a somewhat bigger bailout or loan to GM and Ford with one condition.. GM and Ford must stop offering any discounts or rebates on gas guzzlers and instead offer rebates on fuel efficient models.. It was always more of a energy crisis than a financial crisis , but we are tired of caling it such so we cover or whitewash our economic problem with a financial name or label... It was always the oil shortage and rising oil prices that keep on messing up our economy..
Big Oil is getting much bigger than ever and it is much harder to unload Big Oil stocks. Our capital is increasingly tied up with Big Oil. Our only solution is to discourage unnecessary purchases of gas guzzlers like pickups and SUVs and muscle cars..Anybody who thinks he really need it would have no choice but to pay the MSRP for it... We are still not selling enough fuel efficient cars to help with our projections of future oil demands that is supposed to fall along with accompanying gasoline prices for much longer terms..
GM and Ford can then turn around and argue with UAW that they have no choice but to make fuel efficient cars profitable at any costs.
I dont anticipate any increase in gas guzzler production for the foreseeable future if ever again.. It will keep on falling toward the real levels of demand by users who really need them for hauling stuff.. PickUps are not even intended for just commuting to work and back home.. at all.. even as company pickups.. PickUps are intended to be left at workplaces, farms, ranches etc.. Workers has no choice but to start commuting in fuel efficient models.
GM and Ford should start building fuel efficient models especially for Big & Tall Men and Women included.. Those biggies no longer can enjoy the excuse for continuing to drive pickups ...
America got to own up to the fact that many of us are still resisting fuel efficient models regardlessly.. We have no choice but to confront those energy bigots at once!!

Cisco Telepresence Strategy Gets Surprise Boost

People are slowly beginning to realize that there is so many more important things to invest in besides real estate real estate real estate!!! Real estate is not the only game in town...