E.T. Explorer

Will the PPIP Bankrupt the FDIC?

This financial madness is like the storybook tale of "Alice in Wanderland". Banks hold depositors and debtors accounts which involves "Withdrawals, Deposits and Balances". One can't get a penny from a bank if you have no balance in your account and if you want a loan you better have some impressive collateral to cover it in case you can't pay it back. The question that begs to be asked and answered is, "how in the world can all of a sudden all the world banks suddenly are going broke?" I have heard of "April's Fool jokes, but this has gone too far to keep reading about any longer.

Is there any wise old owl that can spill the beans on this preposterous gag of the century?

Will the PPIP Bankrupt the FDIC?

This financial madness is like the storybook tale of "Alice in Wanderland". Banks hold depositors and debtors accounts which involves "Withdrawals, Deposits and Balances". One can't get a penny from a bank if you have no balance in your account and if you want a loan you better have some impressive collateral to cover it in case you can't pay it back.The question that begs to be asked and answered is, "howin the world can all of a sudden all the world banks suddenly are going broke?" I have heard of "April's Fool jokes, but this has gone too far to keep reading about any further.

Is there any wise old owl that can spill the beans on this preposterousgag of the century?

Housing: Where Is the Bottom?

I f Leonardo was living today he would paint a picture of the most hedious gargoyle he could imagine. Mr Lounsbury, using words rather than paint and a brush has done just as much as Leonardo could have done in painting the Mona Lisa. Personally, I think that most of the above responses and the authored article of S.A., is like a heard of mice fleeing a sinking ship without realizing that they are going to drawn anyway.

Is the "finanacial collapse, the housing bubble,the energy crisis or the national debt", the end of the beloved "Ame rica", or just fatigue dozing at the wheel? No one on this planet loves to be poor! and not everyone loves to be "rich", but I would not be wrong to say that everyone certainly enjoys and would not feel safe, secure and comfortable if they had a choice between having and not having their own living quarters or living out on a park bench. Having made this point I like to return to my opening remarks at the begining of this paragraph. The national debt is a drop in the bucket if it is used by government to put money into circulation. Energy, is the Genie of the lamp that grants us every wish and desire we can realize . The Housing Bubble and the construction industry? What BUBBLE, How can any intelligent creature built more houses than they have people to live in them? Moronic isn't it? The construction permit issuing office must work from population data that would determine the life expectancy of a structure and the living population at any one day of that turnover housing life expectancy vs. the population life expectancy. when people move from one area to another certainly construction moves where people move to, and by the same token destruction of the existing homes if not demolished would become unhabitable within a twenty to 50 year period. there is another issue to consider here, that is that many homes are apt to be renovated , made additions to or demolished and rebuilt. which all of this activity impacts on jobs and the construction industry. The question is if a family of four can pleasantly live in a 1200 Sq. ft. bungalow or a 5000 sq. ft ranch house. The answer is simply How much it cost to heat-refrigirate and maintain those two choices. The answer of course is obvious.

"Financial collapse?" Really! while some form of monatery exchange has always been used by all advanced societies thoughout human historical time, The only thing that changes is what is the most difficult means available to prevent counterfeit. This phenomena can be traced throught history, I'm amazed that no social historian has had the time to comment on this "financial' issue. Some means of money was necessary for an illiterate society, with the pruduction of paper and paper money, literacy became the biggest challenge to mankind. Now that we have evolved to literate creatures, We do not need this insecure, timewasting form of rationing our appetite for consumption. We are entering the era of virtual money. With computers shrunken into the size of a flip phone who wants to carry an overstuffed wallet full of paper bills, plastic cards or pockets full of coins? NOooo- boDY.

This financial REVOLUTION is at the same level as the early days of the telephone era. within five years, just like the cellular spread out of the portable telephone the new virtual "cash" will be downloaded in everyones virtual account. All cash registers will be replaced with electronic terminals that through your cellular telephone you can receive payment for any transaction you may be involved in. From a pack of cigarette to the purchase of a bottle of water, a movie ticket or a bus ride. Who can counterfeit such a system? Nooo- Body. Why, because 1- You need a deposit or a loan to your account in order to make a transaction and 2- you need an account to deposit the value of the transacted goods or services and the different levels of governments will get their TAX revenue on the spot whether you drink to it or use toilet paper.
After all if you stop and think "what is a bank", It is just a bookeeping office, A "SCROOGE or a SANTA CLAUS". Interest on savings was necessary to get people to accept the currency in use and accountability to the bank. How one qualifies for credit and limit his credit is the mathematical calculation that a bank works out on your past earning / spending history and your likely service life span, add insurance for any unexpected life event, and everyone qualifies for credit, everyone gets an allowance, and if you work you get a pay check as a bonus, if you invest say buy a house and manage to get a profit from rental income you get a return on your investment. Credit balances don't earn interest but debit pays an account management fee. Who will manage this new concept Banking system? Your friendly IRA or Revenue Office in some obscure depth of every corner of the globe, linked by fiber optical cable and internet. WELCOME TO THE TWENTY FIRST CENTURY and THE SECOND COMING OF JESUS CHRIST. I hope the POPE has a backup plan for his Holiness!

Housing: Where Is the Bottom?

I f Leonardo was living today he would paint a picture of the most hedious gargoyle he could imagine. Mr Lounsbury, using words rather than paint and a brush has done just as much as Leonardo could have done in painting the Mona Lisa. Personally, I think that most of the above responses and the authored article of S.A., is like a heard of mice fleeing a sinking ship without realizing that they are going to drawn anyway.

Is the "finanacial collapse, the housing bubble,the energy crisis or the national debt", the end of the beloved "Ame rica", or just fatigue dozing at the wheel? No one on this planet loves to be poor! and not everyone loves to be "rich", but I would not be wrong to say that everyone certainly enjoys and would not feel safe, secure and comfortable if they had a choice between having and not having their own living quarters or living out on a park bench. Having made this point I like to return to my opening remarks at the begining of this paragraph. The national debt is a drop in the bucket if it is used by government to put money into circulation. Energy, is the Genie of the lamp that grants us every wish and desire we can realize . The Housing Bubble and the construction industry? What BUBBLE, How can any intelligent creature built more houses than they have people to live in them? Moronic isn't it? The construction permit issuing office must work from population data that would determine the life expectancy of a structure and the living population at any one day of that turnover housing life expectancy vs. the population life expectancy. when people move from one area to another certainly construction moves where people move to, and by the same token destruction of the existing homes if not demolished would become unhabitable within a twenty to 50 year period. there is another issue to consider here, that is that many homes are apt to be renovated , made additions to or demolished and rebuilt. which all of this activity impacts on jobs and the construction industry. The question is if a family of four can pleasantly live in a 1200 Sq. ft. bungalow or a 5000 sq. ft ranch house. The answer is simply How much it cost to heat-refrigirate and maintain those two choices. The answer of course is obvious.

"Financial collapse?" Really! while some form of monatery exchange has always been used by all advanced societies thoughout human historical time, The only thing that changes is what is the most difficult means available to prevent counterfeit. This phenomena can be traced throught history, I'm amazed that no social historian has had the time to comment on this "financial' issue. Some means of money was necessary for an illiterate society, with the pruduction of paper and paper money, literacy became the biggest challenge to mankind. Now that we have evolved to literate creatures, We do not need this insecure, timewasting form of rationing our appetite for consumption. We are entering the era of virtual money. With computers shrunken into the size of a flip phone who wants to carry an overstuffed wallet full of paper bills, plastic cards or pockets full of coins? NOooo- boDY.

This financial REVOLUTION is at the same level as the early days of the telephone era. within five years, just like the cellular spread out of the portable telephone the new virtual "cash" will be downloaded in everyones virtual account. All cash registers will be replaced with electronic terminals that through your cellular telephone you can receive payment for any transaction you may be involved in. From a pack of cigarette to the purchase of a bottle of water, a movie ticket or a bus ride. Who can counterfeit such a system? Nooo- Body. Why, because 1- You need a deposit or a loan to your account in order to make a transaction and 2- you need an account to deposit the value of the transacted goods or services and the different levels of governments will get their TAX revenue on the spot whether you drink to it or use toilet paper.
After all if you stop and think "what is a bank", It is just a bookeeping office, A "SCROOGE or a SANTA CLAUS". Interest on savings was necessary to get people to accept the currency in use and accountability to the bank. How one qualifies for credit and limit his credit is the mathematical calculation that a bank works out on your past earning / spending history and your likely service life span, add insurance for any unexpected life event, and everyone qualifies for credit, everyone gets an allowance, and if you work you get a pay check as a bonus, if you invest say buy a house and manage to get a profit from rental income you get a return on your investment. Credit balances don't earn interest but debit pays an account management fee. Who will manage this new concept Banking system? Your friendly IRA or Revenue Office in some obscure depth of every corner of the globe, linked by fiber optical cable and internet. WELCOME TO THE TWENTY FIRST CENTURY and THE SECOND COMING OF JESUS CHRIST. I hope the POPE has a backup plan for his Holiness!

A Look at Claymore's Solar Energy ETF

I hear a lot of hype on Solar wind and Geothermal and Wave power. It is like going to fetch water at the river or well with a bucket full of holes. Who is making a good bucket to hold the energy for when it is needed? Certainly Hydrogen is interesting but is it efficient? What about Thermal salt storage? If they are that good why no one gives us the real lowdown as to loss, efficiency, cost and real estate footprint required for deployment, not to mention red tape by government? Any suggestions anyone?

Where Are Emcore's Commercial-Sized Orders?

It never ceases to amaze me how vultures continue to exist. It is my understanding that Emcore is a leader in this Solar technology. It does business with top government agencies in space exploration. By the tone of this report I get the impression that this is also a fraud and emcore never supplied solar panels for any satelite. The Intel transactions ...HHHmmmm. Maybe Intel is in on the scam too. sounds logical doesn't it? I have one problem I wrote a querry to Citron the day Emcore dived from $9 to $6, asking them to tell me How they manage to get all this neat research done? it must cost Citron plenty. So where their revenues come from or for whom are they working for? To date I haven't heard from Citron yet. The point that irks me the most is why all this dirty laundry is released at this point in time? and not when emcore was going from $4 to $15 a share but when emcore shares where settling at the $10. mark? This kind of analyst smear reporting can be noted throught the stocks spectrum. Today I noted one on Alcatel, Cisco, Nortel but to name a few. So, is this how this stock market crap game is played? There is a time the share prices is driven up and to the moon with no news or little news altogether and when a stock finds a level of support it is hammered by every Tom, Dick and Harry in town that the price of the shares are not worth the paper they are written on?My view is like that of any sport , two oposing teams one for the bull side of the stock and one for the bear side of the stock and who looses the most in the audience. Those who go long or those who short it. Whom we have to thank ? The fortune teller Analysts, of course. Who may be the first in and first out no matter in what direction the price of any stock is headed for. Where is the SEC. or GOVERNMENT in all this? At their cash registers noting whether the economy is expanding or collapsing as is going on with mortgages and credit bad debts. WELCOME TO CAPITALISM AND AMERICA THE LAND OF EXPLOITATION.

Red Flags at Emcore

My understanding of "Shorting is that you have to borrow the stock from the broker who in turn gets it from the marketmaker and then you can sell it. My experience is that If a short seller has the nerve to short anything over a thousand shares the market maker makes darn shure the price will go counter to the seller. especially if the stock is thinly traded but in any event a buyer can't keep on buying every minute of the day any stock so I question all those flashing numbers on all those stocks every minute of every bussiness day. the market maker does not just match trades they buy and sell stocks much like a fruit store sells fruit at a profit of course. any time I hear of a boght deal, like "V" (visa) I see shares jumping up as they are shooting for the moon. so why would any stock cater without any fundamental reason? Well somebody wants to buy it and not at market price so If I had a "MONOPOLY" in that market I can guarantee you that as long as i have shares to sell the price would go up. But If i needed the stock to increase my inventory , it would be a good opportunity for me to cater the stock. Buy all that comes on the market and some time later as new blogs and analysts report on this company, the price is crancked back up again . so this negative blog is a paid advertisement by someone who has to replenish inventory. Just like all the positive blogs are paid advertising by the same agents that have to sell the accumulated merchandise while facilitating the random buy sell orders that prop up now and then. of course the 300 to 400 point gains are another form of advertising to keep the fires of greed roaring.