Why would I want to create or innovate as an entrpreneur or capitalist when the government pays salary and benefits that are twice that of the private sector on average- Make smuch more sense to simply work for the Government now. Thanks Nancy!
Lunatic Bubble Warning for U.S. Treasuries [View article]
YOUR POSTYING IS BEING TAGGED FOR ABUSE-STAY OFF SEEKING ALPHA.
On Nov 12 12:51 PM STOCKHITMEN wrote:
> Since our short report on CIT the company in few weeks went bankrupt, > some 300 million shares were traded on the day of bankruptcy filling, > some $400 million were made in this one day. > Our clients made money, if you were not a donkey you could have the > Black Jack too, instead you are the monkey reading this crap on SA. > > I have a good news today for the rest of the world, look what happened > to SNV or Synovus Financial stock since it was on our bankruptcy > alert, it will go bust next. > This time you can make $800 million and stop complaining about the > recession. Go to our 2GO BUST link: > shortlinks.co.uk/p6g
Is there any other outcome besides inflation? The Country cannot service its total debt and has no way to do so in the future, even with an imaginary 100% tax rate. So Gov't can default- never going to happen when you own a printing press or Gov't can inflate their way out of it. I cannot come up with any other solution. The rein of the dollar is over- it's just going to take some time for transition (10-20 years). Asia has all the money and all the people- don't underestimate what has just happened in this Country- Soros has it right. Doesn't mean the US won't be a nice place to live long term- still have all the food, all the water and democratic government but the run is over. I'm taking lessons in Mandarin. P
Design A Country Rescue Package Here (Comment Competition) [View article]
Offer one half NPV of lifetime payments of Medicare and Social Security to all those over 65 in exchange for their agreement to expatriate the US. Then slash corporate income taxes and place a flat consumption tax on individuals. Economy would turn for the better
All the talk about the huge debt facing America and our unfunded liabiities suchas SS and Medicare and no real solutions. I have one: It is easy to figure out the cost per person for SS and Medicare combined. The baby boomers are getting ready to redeem these entitlements. What if the US were to offer everybody over the age of 65 one half the net present value of all of their individual estimated entitlements in exchange for their agreement to leave the US and renounce their citizenship? Most of these folks are seperate for cash right now and would probably jump at the chance to cash in and move to Costa Rica or Panama........... Anyone have a better idea?
'Helicopter Money' Could Bring Inflation to the World [View article]
And we should listen to you over Soros, Rogers and Faber?
On Apr 08 05:33 AM Cetin Hakimoglu wrote:
> Sorry, but economic indicators point to a greater risk of deflation > than inflation. Interest rates are at zero giving the fed plenty > of room to raise rates as the economy picks up. Hyperinflation isn;t > a concern whatsoever.
Why would this author buy USO over USL hasn't he done his homework on their purchase strategy- USO is horribly subject to contango. Seems like he's trying to convince himself he's right- if he were worth listening to he'd list 12 reasons why it could go lower as well.
I like the contrarian viewpoint and the trend is up. However, William Ekhardt has stated he believes stochastics to be worthless as a technical tool. I doubt anyone on this board or site can touch his record or research capabilities. Jim Rogers, George Soros and Faber all say the dollar is "doomed" or "like GM a short at any price" so I guess its really a matter of your time horizon.
People should all be excited by what is happenning to our/world economy. If you're a true capitalist and thus patriot you know that these are the periods when fortunes are made.
Obama's Housing Plan: A Step in the Right Direction [View article]
You have to let people and instituations and companies fail!!!!! Take the pain now because it's only going to get worse when you put band aids on cancer patients as Obama is doing. We don't need stimulous we need to take our medicine even though it may hurt like hell for a number of years. My kids currently owe $485,000 each in gov't debt- how about yours?
GMiki comment about thieving Wall Street is exactly what is setting this Country down the wrong path to socialism. Wall Street is a reflection of a free market system and we wouldn't be in this situation if the US Government did not interfere with the free market system. Bailing out Chrysler, Bailing out LTCM, Implicit guarantees on Fannie and Freddie, community lending act- this is what has caused things to break down not Wall Street. I cheer every time I hear a story of rags to riches or riches to more riches -that is what all of us aspire to and the dream is being taken away. My little kids each now owe $485,000 in US debt and I don't think they should. I may not stick around- Jim Rogers move to Singapore was incredibly timely.
Why Are the Fed and Treasury Working Against Each Other? [View article]
So we chastise China for manipuating their currency and then make efforts to manipulate our bond market with China as largest holder? A little hypocritical me thinks. If I am a foreign holder of long term treasuries, wouldn't the Feds purchase drive down yields and offer me the once in a lifetime chance to sell/liquidate my holdings and create an opposite or greater selling pressure? Also, if Fed buys and yields drop, why would anyone else ever step in to buy our debt during that period if it is being artificially manipulated/propped up? When the Fed stops buying prices would collapse and my purchase would be a loser. Too simplistic?
Sort by:
Latest | Highest ratedWhen Free Markets Fail [View article]
Thanks Nancy!
Lunatic Bubble Warning for U.S. Treasuries [View article]
On Nov 12 12:51 PM STOCKHITMEN wrote:
> Since our short report on CIT the company in few weeks went bankrupt,
> some 300 million shares were traded on the day of bankruptcy filling,
> some $400 million were made in this one day.
> Our clients made money, if you were not a donkey you could have the
> Black Jack too, instead you are the monkey reading this crap on SA.
>
> I have a good news today for the rest of the world, look what happened
> to SNV or Synovus Financial stock since it was on our bankruptcy
> alert, it will go bust next.
> This time you can make $800 million and stop complaining about the
> recession. Go to our 2GO BUST link:
> shortlinks.co.uk/p6g
Inflation: Too Early to Worry? [View article]
The Country cannot service its total debt and has no way to do so in the future, even with an imaginary 100% tax rate.
So Gov't can default- never going to happen when you own a printing press or Gov't can inflate their way out of it.
I cannot come up with any other solution.
The rein of the dollar is over- it's just going to take some time for transition (10-20 years). Asia has all the money and all the people- don't underestimate what has just happened in this Country- Soros has it right. Doesn't mean the US won't be a nice place to live long term- still have all the food, all the water and democratic government but the run is over. I'm taking lessons in Mandarin.
P
Design A Country Rescue Package Here (Comment Competition) [View article]
Then slash corporate income taxes and place a flat consumption tax on individuals.
Economy would turn for the better
Update on U.S. Debt and Fed Assets [View article]
I have one:
It is easy to figure out the cost per person for SS and Medicare combined. The baby boomers are getting ready to redeem these entitlements.
What if the US were to offer everybody over the age of 65 one half the net present value of all of their individual estimated entitlements in exchange for their agreement to leave the US and renounce their citizenship? Most of these folks are seperate for cash right now and would probably jump at the chance to cash in and move to Costa Rica or Panama...........
Anyone have a better idea?
Rising Treasury Yields Could Mean It's Time to Short Them [View article]
I opened an account at Lind Waldock sold the July futures short and made a bundle- not that hard guys.
Major Buy Signal Now Flashing for Gold Stocks [View article]
Everybody is bullish- be careful.
'Helicopter Money' Could Bring Inflation to the World [View article]
On Apr 08 05:33 AM Cetin Hakimoglu wrote:
> Sorry, but economic indicators point to a greater risk of deflation
> than inflation. Interest rates are at zero giving the fed plenty
> of room to raise rates as the economy picks up. Hyperinflation isn;t
> a concern whatsoever.
Where Are Jim Rogers, Marc Faber and Doug Casey Investing Their Money in This Market? [View article]
12 Reasons I'm Still Buying Oil [View article]
Seems like he's trying to convince himself he's right- if he were worth listening to he'd list 12 reasons why it could go lower as well.
USD Outlook: Long Term Bullishness [View article]
I doubt anyone on this board or site can touch his record or research capabilities. Jim Rogers, George Soros and Faber all say the dollar is "doomed" or "like GM a short at any price" so I guess its really a matter of your time horizon.
Fending Off a Lost Decade [View article]
Obama's Housing Plan: A Step in the Right Direction [View article]
Take the pain now because it's only going to get worse when you put band aids on cancer patients as Obama is doing.
We don't need stimulous we need to take our medicine even though it may hurt like hell for a number of years.
My kids currently owe $485,000 each in gov't debt- how about yours?
Decoding What Gold Is Telling Us [View article]
Wall Street is a reflection of a free market system and we wouldn't be in this situation if the US Government did not interfere with the free market system.
Bailing out Chrysler, Bailing out LTCM, Implicit guarantees on Fannie and Freddie, community lending act- this is what has caused things to break down not Wall Street.
I cheer every time I hear a story of rags to riches or riches to more riches -that is what all of us aspire to and the dream is being taken away.
My little kids each now owe $485,000 in US debt and I don't think they should. I may not stick around- Jim Rogers move to Singapore was incredibly timely.
Why Are the Fed and Treasury Working Against Each Other? [View article]
A little hypocritical me thinks.
If I am a foreign holder of long term treasuries, wouldn't the Feds purchase drive down yields and offer me the once in a lifetime chance to sell/liquidate my holdings and create an opposite or greater selling pressure? Also, if Fed buys and yields drop, why would anyone else ever step in to buy our debt during that period if it is being artificially manipulated/propped up? When the Fed stops buying prices would collapse and my purchase would be a loser.
Too simplistic?