jr007

Obama Draws a Blank on How Banks Really Work

Things got really ugly when the rich found that they might again have to start paying their fair share of the taxes that Regan removed. Your rhetoric is typical!


On Dec 17 09:37 AM fireball wrote:

> obama is smart. he outmanouvered the shifty clintons, then he made
> an aly out of them. he knew enough to promise ice cream to socialists,
> crap n tax to the gore morons, conservatism to the center, extreme
> leftism to the liberals. he seems to be the master of filthy slimy
> politics in the dirtiest lowest game of all. he certainly understands
> how to fool most of the people at least at campaign time.
> he knows how to surrender to our enemies and keep the crises in flux.
> he knows how to bolster the shaky power of petty tyrants.
> nothing in his career implies he has a clue about business except
> how to damage the free market and neutralise constitutional restraints
> on government and mega business. he seems very good at centralizing
> government power.
> he seems to be a master at unamerican activities.
> no higher taxes for anyone unless they make more than you.
> he does know how to derail and befuddle a direct question.

Individual Investor Challenge: Can You Succeed by Going It Alone?

YoYoMama,
I too have been retired for 30 years,having retired at 40. Various brokers have lost about 50 % of my assets while they were handling things. When I started doing my own trading (on line) many years ago (20)..I have recovered more than was lost, lived through the recent crash while remaining 100% in the market and have lived very well in the meantime. I am currently invested 85% in equities and expect to continue do well in the next 5 years, despite the "nay sayers" predictions.


On Dec 16 10:39 AM YoYoMama wrote:

> What seems to get lost in this retail vs. professional debate is
> this - professionals are individuals as well. They are not super-beings
> from another planet. They are subject to the same weaknesses as
> any other investor. The real gotcha is they aren't playing with
> their own money...they are playing with yours. So not only are money
> managers individuals themselves, they have no skin in the game on
> any losses.
>
> I took over my portfolio from my money manager, and it went from
> negative growth, to 30% year-over-year.
>
> Dropping my money manager was the best decision I ever made.

Individual Investor Challenge: Can You Succeed by Going It Alone?

Kinda negative aren't we?


On Dec 16 09:58 AM JP MADOFF wrote:

> Wall Street is run by criminals, pedophiles, maniacs, sadists, Madoff
> masters fraudsters jews, Fed jews, masochists, JP Shmorgans, Goldman
> Sucks.................... all stink the same.
> This is how it all started, this is what it is now. The system is
> run by power brokers who bribe government to steal from the middle
> class and poor to enrich insiders only. Nothing you can do, but one
> thing.
> You are still allowed to sell stocks they sold to you decades ago
> with promises of retiring rich, now you see who you are.
> I advise you to sell all this shit on the long side, if you don't
> know how to go short, then just cash in your chips and be free of
> what is to come. If you think you have lost much since 2008, then
> soon you will beg to sell it at this price pity nobody will bid this
> high.
> OK, they will just ruin it all, it's now or never. ir.pe/mksfinance
>

Understanding the Dollar's Reversal: Who Will Feel the Pain?

Get used to it, Philman, they DO control the world...all we are doing is trying to guess which way they will go...and join along.
JR007


On Dec 06 04:43 AM Philman wrote:

> In my opinion, the current dollar reversal is not real, and, therefore,
> will be very short-lived. I doubt we will see anything close to
> 89 DX again, for example.
>
> The motive is that lot of Senators and commentators have intensely
> critiqued Bernanke for instituting "dollar destructive" policies.
> The banksters want Bernanke in office so that they can continue their
> parasitic activity against the American taxpayer.
>
> His friends at the international banking cartel are orchestrating
> an artificial dollar rally which will last only until he gets reappointed.
> Then, it will all end, and we will be stuck with 5 more years of
> the incompetent Bernanke. He and the boys at the Fed will create
> more funny-money dollars, give them away to their friends in the
> banking cartel, create hyperinflation, destroy the dollar, and save
> the casino-operators who are disguising themselves as banks, by doing
> so.
>
> In other words, the dollar rally that may now be starting, is nothing
> but another fraud brought to us by the international bankers who
> wish to control the world.

Is a Gold Correction Imminent?

allforone,
Where do you guys come from anyway? Why are you still hanging around this country.... if you are convinced there is a shred of truth to your rantings? Give us a break ! Sheesh!


On Dec 04 08:52 AM allforone wrote:

> obama's master plan is coming to a head: destroy the American economy.
> First, take over the banking and auto industry. Next, take over
> the health industry. Next, the electric and gas industry. Print
> money until the dollar is worthless. The new obamadepression will
> destroy the rest of the private industry jobs and we will all be
> government employees in one way or another.
> Bring the country down completely so he can rebuild it in his image.

Natural Gas: Powering the Dubai Overshoot

I love this site..not only does it attract the wacko's but also brings out some pretty studious considerations. I am happy to see, the doom and gloomer's... in a little more "short supply", tho.... Carry on!
jr007

Another Crisis Looms Right Around the Corner

Amen, fortypercent. Finally a real American Patriot. I'm with you!
jr007

On Nov 25 12:23 PM fortypercent wrote:

> how about lets all be patriots. lets be stewards of this great USA,
> one nation indivisible.
> we have our country. we have all the stuff that makes the USA the
> USA. the problems are not great in my opinion. they are just problems
> that need to be solved.
> it is all very simple.
> we need to do three things.
> save more of all income and pay the bills and follow the laws. that
> is all.
> for a time this may mean more taxes( or some thing to increase revenue)
> so that the bills can be paid. for a time the government may need
> to cut services so that they can cut spending. it may mean that the
> average joe puts 10% or more of after tax money in deposit accounts,
> but also US citizens buying up more municipal, state and federal
> bonds. it may mean exotic, but profitable schemes are avoided because
> the legality is questionable. if we don't want to pay and save and
> not break the spirit of the law we must accept what happens to our
> nation. rather than shunning these easy and obvious solutions, why
> don't more americans do what is needed? i will start by declaring
> i love my country and i'm willing to pay higher taxes for deficit
> and debt reduction.
>
> there, do i get a noble prize?

Why a Market Crash Doesn’t Matter

I was pretty sure this upbeat article would not be well received by this forum. Seeking Alpha followers are the most down beat, negative ,bunch of Republican nay sayers, that I have ever
encountered.
I thought it was very well written and provides an insight into the reason that Americans have survived and flourished.
Thanks, Chuck, for an optimistic look at the future... that I subscribe to.
JR007

Show Me Economic Expansion, Chairman Bernanke

I know that you are being sarcastic.. or have you disassociated from reality??? Does the term...Depression strike a bell???
JR007


On Nov 22 09:18 AM Ferdinand E. Banks wrote:

> Mr Ben will show you some in a year or two. Until that time you can
> dream about how much better it would have been in the US if John
> and Sarah were in or around the White House, or if George W. had
> been given a third term.

10 Reasons to Believe That We're in a Depression

Healthy comments??? This site has more downers... than a roller coaster. Positive attitudes produce positive results. You "shorters" are probably deserve to take it in the shorts. This country is doing everything possible ...to rectify the serious Repub's pandering to their corporate contributors for the last 8 years. Go Obama!!
Jr007


On Nov 19 02:17 PM Mark Bern wrote:

> j-dub - You've got a healthy sense of humor, buddy. We're all going
> to need it for as long as it takes to get the politics of this great
> nation heading back in the right direction. I don't mean that the
> correct direction is to the right. I mean, simply put, that we need
> to head more toward the moorings of our Constitution.
>
> To the Author: Excellent article! All points well articulated. It
> is the existence of people like you that give us all hope! Keep up
> the good work.

Why the Stock Market Should Crash

mbkelly,
At last someone who is a realist! I feel sorry for the doom and gloomers, because if they are wrong... they lose...if they are right ..they still lose, along with everyone else.
What a way to live.
I like your attitude much better and I act accordingly, myself.
Glad to hear there are some of us left in this world.
JR


On Nov 17 02:09 PM mbkelly75 wrote:

> Thanks to the writer for this article. The charts and commentary
> were well thought out, clearly said and gave food for thought.<br/>My
> own viewpoint is simpler. I tend not to worry about the things I
> can not change but simply to work with what I can. I sleep better
> that way and enjoy life more. Peter Lynch said it like this:
> "If you spend 13 minutes a year trying to predict the economy, you
> have wasted 10 minutes."
> "Nobody can predict interest rates, the future direction of the economy,
> or the stock market. Dismiss all such forecasts and concentrate on
> what is actually happening in the companies in which you've invested."
>
> "There is always something to worry about. Avoid weekend thinking
> and the dire predictions of forecasters. Sell a stock because the
> company's fundamentals deteriorate, not because the sky is falling."
>
> "Everyone has the brain power to make money in stocks. Not everyone
> has the stomach. If you are susceptible to selling everything in
> a panic, you ought to avoid stocks and stock mutual funds altogether."
>
> "A stock market decline is as routine as a January blizzard in Colorado.
> If you are prepared, it can't hurt you. A decline is a great opportunity
> to pick up the bargains left behind by investors who are fleeing
> the storm in panic."
> "If you study 10 companies, you will find 1 where the story is better
> than expected. If you study 50, you will find 5. There are always
> pleasant surprises to be found in the stock market - companies whose
> achievements are being overlooked on Wall Street."
> I, personally, prefer to spend my time studying the companies to
> find those pleasant surprises. They are out there and it does not
> matter if the markets are going up, down, or sideways. You can make
> money with them at any time and in any time frame. It has been noted
> that stocks lead the economy, and if you focus on the latter, the
> stock market will leave you in the dust almost every time. News is
> also ALWAYS behind the market and any given news story lasts only
> a few minutes before the market goes it's own way. It is something
> to think about.

The Unsustainable Lie of Inflation

Excellent article and thoughtful comments...Who can fault the US government...what would you do if you were the largest debtor in the world?

Dow Hits New Bull Market Highs

Shorts taking it in the shorts!

And Bernanke Didn't Think Unemployment Would Reach 10%

Absolutely correct jdl51... How sad it is to witness the posturing and viciousness coming from the senators who seem to hate the very people who are trying to salvage the disaster of their making.
Term limits (2 terms) and ending the political parties (everyone independent) would contribute to a permanent solution, I believe.
jr007


On Nov 08 10:23 AM jdl51 wrote:

> What we're seeing is the result of eight years of republicanism.
> Seems like most posters here think that before January 22, things
> were just peachy. We came within a hair of a total financial meltdown.
> If we had let the banking system fail, there would have been total
> anarchy in the streets. Businesses everywhere would have shut their
> doors laying off tens of millions, that would have escalated until
> our economy would have suffered a crash that would make the great
> depression look like a tea party. That is the scope of the disaster
> that was unfolding last fall before any action was taken. Yet there
> are many here who seem to think that would have been the better path,
> to do nothing and let the whole system collapse. I do not like the
> fact that we have spent hundreds of billions to prop up the banking
> system but the alternative was far, far worse. Anyone who doesn't
> think so really doesn't have a grasp of what happened a year ago
> and its consequences or are so blinded by ideological hate that they
> don't care what happens to our country.

Wall Street: Dumb as It Ever Was

Right on Billy...To attribute the skewed federal statistics to any one administartion is like trying to find a foot for cinderellas slipper.


On Nov 06 02:40 PM JeffDB wrote:

> On Nov 06 10:20 AM American in Paris wrote: