PA007

Bill Gross: Dividend Stocks and Bonds Make Most Sense Now

Who is masquerading as Bill Gross here? Next we are going to see posts from Warren Buffett and Bill Gates!

Budget Busting Pensions Must Be Reined In

The only way out of this mess is to inflate so much that all promised sums are practically worthless and to game the COLA numbers so that they don't really include true inflation. Given Bush + Obama profligacy on Iraq, medicare, bailouts etc, we are well on our way to doing that.

Reasons to Bail Out GM

Provide a bailout on stiff terms. Wipe out the common stock holders, give a haircut to preferreds/bonds and impose 30-50% cuts across the board on wages, benefits etc. Compensate workers / management / bondholders with warrants for the steep haircut they take.
Then get rid of CAFE and car vs truck fuel economy standards. Simply tax gas at a uniform rate and let the companies and consumers decide what to build, sell and buy. The incentives will at least ensure honest effort and innovation. Reply |Report abuse

A Radical Solution for U.S. Automakers

Provide a bailout on stiff terms. Wipe out the common stock holders, give a haircut to preferreds/bonds and impose 30-50% cuts across the board on wages, benefits etc. Compensate workers / management / bondholders with warrants for the steep haircut they take.
Then get rid of CAFE and car vs truck fuel economy standards. Simply tax gas at a uniform rate and let the companies and consumers decide what to build, sell and buy. The incentives will at least ensure honest effort and innovation.

Is the Commodities Bull Really Over?

Also, your choice of 3/24/2000 is really odd. That was at the peak of dot com bubble. When a site like gold.com advertizing for gold would have been worth a lot more than mountains of gold. Hardly a rational pricing moment. I don't know if you have 1998, pre-emerging markets crash prices handy (i.e. before Oct 1998)

Is the Commodities Bull Really Over?

The price change since 3/24/2000 is the true measure of inflation since 2000 - a little over 9% per year on a compounded basis. Forget the manipulated numbers in govt reports. The commodities are where they should be. They will likely undeshoot and bounce back but it is an important hedge against inflation.
People's memories are short so the seed of greed and next bubble are sown in the the soild of fear and bust.

Is the Ethanol Mandate Likely to be Repealed?

Here comes a shill for the ethanol industry - User 237607

> creating a higher-quality animal feed than the original corn.

Maybe we can do that with our wheat and rice and oats - make ethanol and eat leftovers and become leaner animals and drive ethanol filled cars. Maybe even drink some of that given the completely made up arguments.
Look at the work of UC Berkeley scientists instead of this bizarre comment to get some facts: berkeley.edu/news/medi...

Walking Away: The Next Mortgage Crisis

Curious cat,
Securitization resulted in a mess where there is no longer a single lender making a decision on rates/repayment terms. The mortgage got bundled, sliced and sold in tranches to a point where there is no single authority to make rational decisions.
Lawyers will be making a ton of money as lawsuits sprout up about every adjustment (rate, principal or other terms).