satch63's Comments satch63's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/176080/comments Citigroup, Taxes and How the System Works http://seekingalpha.com/article/178884-citigroup-taxes-and-how-the-system-works?source=feed#comment-813286 813286
Did we (USA) get paid taxes off Kuwait's 37% profit on shares it sold?

Why should they get both the bailout and also the tax credit. Maybe its time to do business like it should be done, those that defraud their investors/depositors lose! No one ever said CITI could use the investors money to gamble. This is what they did and now we the taxpayer are supposed to say okay to keep the share price up.
The Government should not worry about selling its shares and let prices fall as they will. They should demand resignation/enforcement for all the crooked management in place.]]>
Sat, 19 Dec 2009 08:34:11 -0500
Did we (USA) get paid taxes off Kuwait's 37% profit on shares it sold?

Why should they get both the bailout and also the tax credit. Maybe its time to do business like it should be done, those that defraud their investors/depositors lose! No one ever said CITI could use the investors money to gamble. This is what they did and now we the taxpayer are supposed to say okay to keep the share price up.
The Government should not worry about selling its shares and let prices fall as they will. They should demand resignation/enforcement for all the crooked management in place.]]>
U.S. Forfeiting Billions in Future Taxes So Citi Can Exit TARP http://seekingalpha.com/article/178401-u-s-forfeiting-billions-in-future-taxes-so-citi-can-exit-tarp?source=feed#comment-809186 809186
I think it is still time to let CITI fail to show that bankers who gamble with depositors money and taxpayers money will have to be responsible at some point.
Of course this will never hap[pen because of the various conflicts of interest between current and resent government officials.

It is time for the Congress to act like our representatives( and not puppets of the financial lobby) and get the situation under control.]]>
Wed, 16 Dec 2009 19:04:02 -0500
I think it is still time to let CITI fail to show that bankers who gamble with depositors money and taxpayers money will have to be responsible at some point.
Of course this will never hap[pen because of the various conflicts of interest between current and resent government officials.

It is time for the Congress to act like our representatives( and not puppets of the financial lobby) and get the situation under control.]]>
Prometheus Institute: Renewables Likely to Represent 90% of New Capacity by 2012 http://seekingalpha.com/article/130117-prometheus-institute-renewables-likely-to-represent-90-of-new-capacity-by-2012?source=feed#comment-458804 458804
He only wants to push deals and money out the door to look good to the President , not necessarily do the right thing.

It is very easy to predict future source of supply for an election year.

Maybe all the people/farmers who went bankrupt on new ethanol plants will be funded by our bailed out banks.

Please lets get real - concept is nice but reality is non existent.]]>
Fri, 10 Apr 2009 10:19:35 -0400
He only wants to push deals and money out the door to look good to the President , not necessarily do the right thing.

It is very easy to predict future source of supply for an election year.

Maybe all the people/farmers who went bankrupt on new ethanol plants will be funded by our bailed out banks.

Please lets get real - concept is nice but reality is non existent.]]>
Let's Fast-Forward to a New RTC http://seekingalpha.com/article/115140-let-s-fast-forward-to-a-new-rtc?source=feed#comment-358670 358670 The rules could be set up as follows:
All the caustic debt transferred to the AGB.
If individual debt was transferred and was over 12 months old following scheme could apply:
Pay debt within 12 months -discount 90%.
24 "" "" 85% , an so on.

This would give individuals a chance to get out of debt and not declare bankruptcy. Only notation on credit report would be debt settled per AGB rules.

The incentive would be for people to cover outstanding debt within first year or so.

Additional rule would be anyone using this procedure would agree in writing as part of debt settlement not to apply for new credit cards for 18 months after settlement date.

So far all the Government has done is bail out Paulson's friends and former business's related to his past positions. His management gura for TARP is unskilled and not capable of doing his job.

The American people deserve a solution that will allow them some breathing room and a change for the future.]]>
Sat, 17 Jan 2009 20:54:22 -0500 The rules could be set up as follows:
All the caustic debt transferred to the AGB.
If individual debt was transferred and was over 12 months old following scheme could apply:
Pay debt within 12 months -discount 90%.
24 "" "" 85% , an so on.

This would give individuals a chance to get out of debt and not declare bankruptcy. Only notation on credit report would be debt settled per AGB rules.

The incentive would be for people to cover outstanding debt within first year or so.

Additional rule would be anyone using this procedure would agree in writing as part of debt settlement not to apply for new credit cards for 18 months after settlement date.

So far all the Government has done is bail out Paulson's friends and former business's related to his past positions. His management gura for TARP is unskilled and not capable of doing his job.

The American people deserve a solution that will allow them some breathing room and a change for the future.]]>
FPL Group Cuts Wind Power Plans: Sign of a Larger Trend? http://seekingalpha.com/article/102342-fpl-group-cuts-wind-power-plans-sign-of-a-larger-trend?source=feed#comment-293868 293868
As price of fossil fuel goes down alternative energy goes away with the wind. Anyone promising to make us fossil fuel independent in any numbe rof years is smoking something!]]>
Wed, 29 Oct 2008 19:52:29 -0400
As price of fossil fuel goes down alternative energy goes away with the wind. Anyone promising to make us fossil fuel independent in any numbe rof years is smoking something!]]>
Why Cheap Oil is Great for the Majors http://seekingalpha.com/article/101670-why-cheap-oil-is-great-for-the-majors?source=feed#comment-290736 290736 If you were assigned by BP your bonus and living package was soi in excess of other TNK employees it became an issue.
The out going President was so pro BP anti TNKBP it is no question he was causing the company problems.]]>
Sun, 26 Oct 2008 10:36:59 -0400 If you were assigned by BP your bonus and living package was soi in excess of other TNK employees it became an issue.
The out going President was so pro BP anti TNKBP it is no question he was causing the company problems.]]>
OPEC's Cuts Can't Fight Global Recession Headwinds http://seekingalpha.com/article/101787-opec-s-cuts-can-t-fight-global-recession-headwinds?source=feed#comment-290202 290202
Crude oil in range of $80 makes tar sands and alternative energy sources possible.

Demand is now down but the battle for long term reasonably priced fossil energy sources will continue.
Lower prices mean the public companies will pull back and the nationally owned companies (China, India, Russia) will continue pursuing energy for the future and public companies will take second place. ]]>
Sat, 25 Oct 2008 09:47:12 -0400
Crude oil in range of $80 makes tar sands and alternative energy sources possible.

Demand is now down but the battle for long term reasonably priced fossil energy sources will continue.
Lower prices mean the public companies will pull back and the nationally owned companies (China, India, Russia) will continue pursuing energy for the future and public companies will take second place. ]]>
Should We Listen to Boone Pickens on Oil? http://seekingalpha.com/article/93732-should-we-listen-to-boone-pickens-on-oil?source=feed#comment-245214 245214 Certainly oil prices can come down but long term , assuming we have an economy, the daily requirement for oil will increase and only higher prices will allow exploration and development of hard to reach crude oil. The cheap cost of production days are gone.]]> Thu, 04 Sep 2008 08:15:19 -0400 Certainly oil prices can come down but long term , assuming we have an economy, the daily requirement for oil will increase and only higher prices will allow exploration and development of hard to reach crude oil. The cheap cost of production days are gone.]]> Events in Russia Could Push U.S. Toward a Clearer Energy Policy http://seekingalpha.com/article/91478-events-in-russia-could-push-u-s-toward-a-clearer-energy-policy?source=feed#comment-233862 233862
They do very little with a very small budget.]]>
Tue, 19 Aug 2008 09:25:37 -0400
They do very little with a very small budget.]]>
The Market's View on Oil http://seekingalpha.com/article/91216-the-market-s-view-on-oil?source=feed#comment-231878 231878 Sat, 16 Aug 2008 11:40:01 -0400 Forget $100 a Barrel - Oil Will Plummet to $30 http://seekingalpha.com/article/91100-forget-100-a-barrel-oil-will-plummet-to-30?source=feed#comment-231517 231517 If you do not understand if oil goes below $65 per bbl then a lot of new production will not be brought on line.]]> Fri, 15 Aug 2008 16:41:09 -0400 If you do not understand if oil goes below $65 per bbl then a lot of new production will not be brought on line.]]> USEC Inc.: Uranium Play With A Bright Future Ahead http://seekingalpha.com/article/81044-usec-inc-uranium-play-with-a-bright-future-ahead?source=feed#comment-184387 184387 Thu, 12 Jun 2008 14:16:24 -0400 Oil, Iraq and U.S. Foreign Policy: A Way Forward http://seekingalpha.com/article/71699-oil-iraq-and-u-s-foreign-policy-a-way-forward?source=feed#comment-148206 148206
Now believe or not if the Iraqi Government wants to do some large contracts to help its people once they are signed and the Iraqi Government funds them the U.S. Government blocks the funds until they decide its okay.

The cost to develop long term increased production is the cost of one or two months of the war. Providing not dividends in the sense of cas hh but in electricity, housing , food and energy will stop the conflict cold if we also disarm all militias of heavy weapons and stop Iran training them in new equipment.

The only "pain" of non -military in this war has been increased energy prices and the only winner of this increase has been the oil majors. Lets change it and get something for both the American and Iraqi people.
]]>
Thu, 10 Apr 2008 09:50:38 -0400
Now believe or not if the Iraqi Government wants to do some large contracts to help its people once they are signed and the Iraqi Government funds them the U.S. Government blocks the funds until they decide its okay.

The cost to develop long term increased production is the cost of one or two months of the war. Providing not dividends in the sense of cas hh but in electricity, housing , food and energy will stop the conflict cold if we also disarm all militias of heavy weapons and stop Iran training them in new equipment.

The only "pain" of non -military in this war has been increased energy prices and the only winner of this increase has been the oil majors. Lets change it and get something for both the American and Iraqi people.
]]>