Tim H.

Will 'Cash for Clunkers' Bring the Feared Double Dip?

I think I will run out and turn in my clunker just so I can stick it to you. Ford Explorer... Hah watch out for the rollover. If your too stupid not to trade it in for say the new FORD FOCUS which has gotten rave reviews... Compared to the Ford Explorer. Who's freaking fought is that? Not the government but your dumb_ss!


On Aug 04 08:31 AM Tony Petroski wrote:

> The author: "I suspect that when we look back at the history of this
> whole period in a couple of years, C4C will be a footnote."
>
> You are correct.
>
> What will be noted by historians is the continued slide towards government
> actively managing outcomes while allies in the media slant the news
> to put the best gloss on things.
>
> I'm one of those who doesn't need a car and I own a "gas guzzler,"
> a Ford Explorer that I like a lot. I get to watch other people get
> part of my tax money to get freebies while I get nothing. Living
> the free life becomes a game of finding out what the latest subsidies
> are and making those purchases in a timely manner to game the system.
> Within a few months we will be hearing about all the re-sold vehicles
> from those who got a big subsidy to buy their KIA and now are reselling
> the vehicle they never used for a tidy profit.
>
> The march of Progressivism rolls on.

Will 'Cash for Clunkers' Bring the Feared Double Dip?

I have totally lost all respect for Seeking Alpha's website. As it has been infiltrated by the same viewpoints as those on CNBC. Why isn't Seeking alpha pumping up gold miner stocks and Gold? Those were all going to be such big winners. the commodity market bullish run would never end. i support President Obama, I also have made 25% return last 3 weeks. Rest assured their will be more pullbacks. But recession will be over by next Summer. So you just keeping posting your comments clouded by your political ideology. Wall Street and the finnacial markets in their greed brought us this awful recession. Anyone reading my comments must NEVER EVER FORGET THAT FACT!! These people writing on Seeking alpha were same one's pumping up price of oil and commodity's market as having a bullish run for many more years.... DO NOT FORGET THAT FACT. BTW yes I invest but I also have my eyes wide open. Use your own Due diligence and research when investing. Also take a grain of salt with any investing advice you read or hear and use it as just one small percentage of your investing tool. Best advice I ever read is from Buffett and huge retired money manager. It is: Buy into the markets that wall street is negative on but has real long term growth. Then be patient. The markets will return. Second part is when buying... Always buy on dips. Momentum trading is how to lose money. Always buy on the dips in a market you like. Follow those 2 basic ideas and you will make money in the stock market.

Barron's Calls a Bottom

We won't know until years later whether this was a time to buy or stay on sdelines waiting for lower market. Will you say d_mn I wish I'd went 100% in stocks March of 09 5 years from now? As for Obama... I invest, I am down in my 401K and I own AMSC which is holding it's own from where I bought it ($15). Who on here did not see last several years all these wall street deals, derivative trading making big bucks fora select few in a very short-time? This is what lead to the greed unchallenged by government oversite while mainstreet USA saw their paychecks shrink and health care, energy expenses rise? Plus the infrastructure of our country decline? Now Obama has made mistakes and like any person is fallible. But I support in what Obama i trying to do. He is looking long term at what is best for this country. Heck now he is getting push back from DEMs in congress. Look at health care. Why is street and soo many in insurance/hospitals etc... Afraid of giving Americans a choice of pvt insurer or health insurance such as congress gets? Because they know what people would do. But that recent study out by that non profit group showing such a program would save 2 Trillion dollars over 11 years and cut a person's health insurance 20%. Now forget about all the arguments for a minute and think about that. Health care reform that would save 2 Trillion over 11 years and cut premiums 20%. What do you think a plan such as that would do for the overall health of the US economy in future? Would it not be good? The idea of getting off dependence on foreign oil by alternative energy. Is this not a good idea? Making the quality of our education better. Is this not good? Investing in infrastructure for this country. Is this not good? Yes short-term we all see alot of pain but long term... I am talking 10-20 years these ideas, plans could pay off huge for our nation. If mainstreet does well wall street will do well. Rather than wall street doing well at the expense of mainstreet!

Recent Policy Decisions and a Greater Depression

I disagree with your analysis and here is why: A few years ago I had a discussion with my brother when the Iraq war was looking like as McCain said: "we will be there 100 years." Spending billions more on Iraq in process while this country's infrastructure decayed. Why were you not writing an article a few years ago stating the significant increase in cost of Iraq war was leading to a huge national debt and the Bush tax cuts of 2001 needed to be rescinded to help pay for the cost of war? My post is not an anti-war or anti-Bush rant. Merely my point is it seems to be okay to spend billions of US tax money to fund a war of choice. Yet when the government roles out stimulus bill which is more than just creating jobs but rebuilding the county's infrastucture. The people who were silent about the money spent in Iraq are now screaming bloody mary about the stimulus bill? Just seems kinda screwed up that this country spends billions on another country and that's okay. But if this country spends billions on itself. That's not right. Explain to me please why that is? I will use an example: There is $8 bil in bill to build high speed rail across country. This intent is to help decongestion our nation's roadways and air travel and promote conservation of energy. Being more energy efficient whether it's weather proofing, higher mileage in auto's or using power sources that use less energy (solar panels, energy efficient light bulbs) all lead USA to becoming more energy independent. So that stimulus bill is just not to create jobs but to upgrade this country's infrastructure. As for the foreclosure help... Fact is until the massive foreclosing's stop's this country's economy is never going to get revved back up. I understand the argument those people agreed to those terms but the foreclosing's need to be slowed down so people can stay in their homes. How does a foreclosed home that sits with no buying occupant help anyone? I find it really interesting that despite columns such as the one above and wall street's lack of excitement over what Obama is doing. His poll rating still remain high. Wall Street made alot of money in past few years and now the punch bowl has been taken away. Main street seems to approve. That bailout money is in loans so it is suppose to be repaid to tax payers years from now. As for the debt that is being created today. Under Reagan the national debt significantly increased yet I saw few columnist stating we were on our way to a great depression. Early in Reagan's term we were in a very bad recession too. No doubt down road the debt being created needs to be repaid and Obama has acknowledged this fact. Personally I think after economy recovers... A national gas tax is quickest way to repay that debt. This would force consumers to not go back to old driving habits, conserve energy and promote alternative energy travel. An author of a book about alternative energy said the technologies are there but to get the green energy infrastructure moving a base in the price of gas needs to be established. Bottom line is I disagree with this article but if the article is correct. Then Obama will have failed and as he told that audience in Florida: "We will have a new President." I hope Obama doesn't fail because it will be good for the country if he succeeds!