PNG

Who's Cashing In on All Those Clunkers?

The Feds are over their eyeballs in red ink and now they want the public to do the same by getting in debt more, instead of living within their means. We got in this mess due to everyone wanting to "keep up with the Jones's, new house, two new cars and never thinking how to pay for it.

I have a 04 Crown Vic.gas milage in town 19/20 & on the interstate 26.
Car is in very good mechanical shape and NO PAYMENTS. I use 16 gal gas a week. What is the incentive to trade in and pay out 400 - 600 a month in car payments. Gas can go to 4.00 - 5.00 a gallon and I'de still make out better than people getting in debt for hybrids for 30 to 45K and if they don't drive these vehicles right, gas milage still wont' be that great.

The Inflation / Deflation Debate and China's Commodity Carry Trade

Every company on the planet cannot think they can put all their "eggs" in the China "basket". These companies need to hire true salesmen not "order takers" which is what they were in a robust economy and now forgot the art of selling. Having the majority of your profit potential tied up with one or two customers spells doom when there is a major pull back as last year and then this cycle starts all over again. China plans for success in periods of "centuries" , we look at it from quarter to quarter. Given time with that game plan, China will have it all eventually.

Nail-Biting in Shipping

These shipping companies keep thinking "China" is the answer to all their problems.

They need to start thinking "out of the box" and come up with alternative avenues for revenue or their stock will continue to head towards "penny" stocks, which DRYS and Star Bulk Carriers is heading.

Wall Street Breakfast: Must-Know News

If there was a false rumor, by individuals on their own or someone working in a "fund" about the stress tests for the purpose of driving down the stocks they should be found out ,prosecuted, and never to be able to trade in stocks, securities, currency or commodoties again.

Wall Street Breakfast: Must-Know News

The only way our tax money should be given to Chrysler for completing a merger with Fiat is if the Italian government matches the bail out money we are giving them.

How Was March a Bad Month?

These "mega banks" like Citi and Bank America need to be up front with people and not paint a picture that isn't.

When they said "we are making a profit" in Jan and Feb, from what I've read, they didn't tell the rest of the story nor did it change their situation with the mortage paper problems. They are just hoping for a accounting change which really doesn't put them in any better position and it would allow them to continue business as usual.

Personally, I believe people should switch to their local Credit Unions and home town banks that operate within their own state.

How to Profit from Market Manipulation

Very good article. Finally someone writing to educate the average investor instead of doing a pump and dump as so many others do.

China Precision Steel, Inc. F2Q09 (Qtr End 12/31/08) Earnings Call Transcript

I lost 22k in CPSL and will never get into China stocks again.

A-Power and AgFeed: The Importance of a Strong Balance Sheet

Where does China Guru get a weak balance sheet from FEED, or is he in the business of "shorting stock" whether it deserves it or not.

Short Sale Ban: Learning From Mistakes

Jeff Miller and Cox are wrong. "Short selling" serves no purpose but to keep the targeted stock from rising. Hedge funds and high rollers use the practice to keep the market in turmoil.

Middle class workers who save through their 401K's and others with IRA's feel the effects the most.

Also margin trading should be changed to require at least 50.% cash instead of the 10.% .

OPEC Is Irrelevant for Now

Obama is putting all his eggs in a few baskets, except oil. A affordable hybrid is a long way off. To pay 30 to 40 K for a hybrid is not affordableto the middle class that expects to carry a mortgage, raise kids, save money, etc. and middle class is more like 80 K a year, not 250 K as Obama presumes.

Wind power will take awhile to get going, solar power likewise and neither power cars.

Obama has deliberately not talked about drilling in the U.S. on land and off shore but that is one way our people can be put to work immediately and the money stays "at home" . Put a import tax on all middle east, Venezuelan and Russian oil now .

I would rather buy a demo or late model lease car, not have car payments and then not have $4.00 gas hurt the budget.

Cramer's Stop Trading! They Know Nothing! (12/9/08)

I am going to make it my goal to write every member of Congress to introduce a bill and put a stop to trading "short".

It serves no purpose except to disrupt the markets. The middle class people try to build their portfolios, 401K, IRA's just to be knocked back down by these big funds and high rollers.

Some countries have outlawed the practice and I believe it is a trend to discontinue "short" selling.

Hedge Fund Tracking: Moore Capital Management (Louis Bacon), Q3 2008

I will make it my goal to write every member of Congress to introduce a bill to do away with "short" selling of stocks. It serves no purpose except to disrupt the market.

You have people trying to build their 401 K and IRA funds just to be knocked down by big funds and high rolling investors. Some countries have outlawed the practice and it is going to be a growing trend.

Why Bailouts Are Not the Answer

Bail outs should never have been started. These financial institutions and soon the auto industry will be "slaves" to the federal government and our government to foreign governments who hold the notes on these loans.

Our Congress can't run itself and now is going to put stipulations on all those who begged for this money . If this isn't a leap to Socialism, then what is.

The best thing thosse that took the money can do is get their house in order and pay it back to get the feds off their back and hopefully have learned how to run a business.

You hear on the news that most of us are against these bail outs. If it is true then we should see it in the results of the next couple of elections when the majority of the Democracts will be retired.

Apparently Bernanke and Paulson failed to give markets much reason for optimism, in what turns out to be a dreary first trading day of December. Dow -7.71% to 8,148.37. S&P -8.93% to 816.20. Nasdaq -8.95% to 1,398.07.

These comments by Paulson and Bernenke seem to be by design. All they are doing is signaling to their buddies in the financial arena, with their billions of $$ and our tax money, to start "shorting" the stock. It never seems to fail that they start this after a good run up on the market, just to bring it back down.

If they feel they need to open their mouths, choose the words carefully and do it after the markets close.