raising4daughters

Jump-Starting the U.S. Economy

C'mon Mr. Cuban, you can't be serious. Your suggestions require non-politically-motivated thought supported by common sense. Nah, our elected officials think we're much better off by stealing our tax dollars and investment them in Zombie companies like GM so that it can build new plants in Canada (new Buick plant in Ontario). And, I sleep very well knowing that my hard-earned tax dollars are being funnelled to AIG who then pays out massive bonuses.

Most of our elected leaders from Bush to Maobama should be charged with treason.

On Paul Krugman's Deficit Rationalization

We can't afford what we're spending on those programs.

Bottom line is that gub'mint spending needs a 40-50% cut across the board. We need to restore the "I" in the macro-economic equation of C+I+G-X at the expense of "G". Decades of runaway expansion of G under Dem's and Rep's have hollowed out our economy. We look like the late 80s Soviet Union.

On Nov 25 05:34 PM user396040 wrote:

> Sure - lets cut social security payments, IRS enforcement expenditures,
> the FBI budget, student loan support, funding for the NIH, funding
> for the National Academy of Sciences, the FEMA budget, the FDA budget,
> and move back into caves.
>
> On Nov 25 11:11 AM bobbybutte wrote:

Marc Faber Is Conflicted About the Price of Gold

"This statement doesn't mean that he thinks it will happen, it only means that he thinks it's possible."

C'mon, Marc Faber is a heavy-hitter and doesn't use the phrase "it's possible" willy-nilly. Sure, taken literally, this phrase was used in Wayne's World when Wayne said it's possible that monkeys might fly out of his butt. In the finance world, "it's possible" means the speaker thinks there's some degree of likelihood.


On Nov 13 08:23 AM Botswana wrote:

> It's true that Faber has made two contradictory statements in the
> last days. First, he said that there could be a dollar rally which
> could bring the price of gold down to 800 $. This statement doesn't
> mean that he thinks it will happen, it only means that he thinks
> it's possible.
>
> That's why I was also surprised when he then said that gold couldn't
> go below 1000 $. My only explanation is that in the meantime he has
> heard from reliable sources that central banks are eager to buy gold
> in big quantities and they wouldn't let the price fall below 1000
> $. Maybe he has also realized that the mood among investors has changed.
> Max Keiser said that the hedge funds industry has decided to have
> 20-30 % of their money into commodities in the future.

Despite What You May Have Heard, There's Hiring Going On

With articles like this, Dr. Bill could work for the Obama administration and tell us all how many jobs he has saved and how many more would've been lost had we not crowned him king last fall. Sheez.

Are Stocks Making a Major Top?

SA trolls never let facts get in the way of their bearish anti-Americanism.


On Nov 13 08:28 AM David Van Knapp wrote:

> I thought technical analysis was supposed to be a way to analyze
> markets unemotionally...to discern what is happening, what is reality...without
> going "on tilt" about it.
>
> Lots of comments on SA during this 8-month rally suggest that lots
> of people are on tilt. There is a cluster of them right here: "The
> result will not be pretty." "Averge Americans have no clue about
> anything." "The notion took hold that you can buy any stock at any
> absurd price." "People are just whistling past the graveyard and
> have no idea as to what's about to hit them." And of course the conspiracy
> theories, the government is lying, CNBC is lying, etc.
>
> The author isn't lying, he has presented facts. He constructed a
> dry, emotionless, technical article, offering decent historical comparisons,
> and he gets ripped for not understanding what's really going on.
> He did make the "mistake" of offering a mild opinion on fundamentals,
> and he got ripped for that. Nobody actually disputed his arguments
> on a technical level; they just ignored them. Too bad, he did a good
> job. Doesn't mean he's right, but he did a good job.

Weekly Recap: Is the U.S. Going Bankrupt?

There were a lot of other red flags during the campaign that BHO doesn't have a clue. He's a thinly-veneered, no talent affirmative-action hire. Hopefully we'll learn from this experiment.

Full disclosure: Not a Beck/Rush follower. W was the worst or 2nd worst president in my lifetime, but BHO appears to be a contender.


On Nov 13 02:42 PM Uffda wrote:


> An economic jobs conference is only a flag that he has no clue what
> to do. Scary.

Marc Faber Is Conflicted About the Price of Gold

What's the difference between Marc Faber and Greta Van Susteren (FOX Newschannel)?

Greta only talks out of one side of her mouth.

Stocks Soar, Unemployment Rises, Dollar Slumps

Can't you do any better than copy-and-paste the BHO/DNC talking points?


On Nov 09 09:16 AM fjd10595 wrote:

> 1. We grossly overuse health services here- soccer moms running kids
> to the doctor at the first sneeze. I don't remember it that way even
> thirty years ago. No matter, something must be done about it. The
> true answer is 'rationing'- yes the dredded R word that both parties
> say is not in the mix. Great. The American way- give us a fix that
> costs nothing. Better yet- give me more at lower cost. In other words,
> pass the bill to children.
> 2. China won't grow 10% next year- not even close. Do you really
> believe the fake numbers? How do they get there, without Americians
> returning to their foolish ways of buying Chinese junk with abandon.
> I don't think the US consumer has the cash right now, or next year.
>
> 3. You dismiss Global Warming pretty lightly. Do you hand the bills
> for what you use to your kids? That is what we are doing with the
> environment on a massive scale- we are handing a damaged world to
> our children. We are returning to the air in a few hundred years
> all of the carbon that was removed from the air (sequestered in coal
> and oil) over tens of millions of years. When the carbon was in the
> air, the planet was a sauna. Do you understand now? The carbon cycle
> has been disrupted, massively. Read some books on the subject. <br/>Bush
> ignored all of these problems. Is that the Morici way? Cheap gasoline
> that utterly fails to account for health and environmental damage?
> Pass the bill to the next generation? I understand that we have to
> have priorities. Healthcare reform (I say rationing) and climate
> change can't wait. These problems should have been dealt with during
> the 'great expansion'. Of course they were not dealt with since politicans
> only think to the next election cycle. Pushing back against politicians
> are career civil servants, i.e. EPA, FDA, etc, who generally do better,
> until they bow to political pressure. Woe to our children. This will
> go down in the books as "the selfish generation".

Elliot Wave: The Dollar Is Set for a Major Rally

Well said.....consumers trying to fix their balance sheets, but no in-kind measures from DC.


On Nov 08 09:12 AM ZigMeister wrote:

> We are awash in debt but it seems to me that debt (at least private)
> can and is being reduced thru foreclosures, bankruptcies, write-offs,
> etc. Not so easy with all the dollars being printed. Maybe we will
> have short term rallies in the Dollar, but longer term it is going
> down.

Fed's Crisis Policies Will Continue to Backstop Financial Assets

Is any other better purpose for our military?


On Nov 05 05:38 PM ryanclarke wrote:

> The Fed showed their hand yesterday
> ... they have no problem with inflation getting out of hand ... and
> relying on the military to pressure the Saudis, the Russians, and
> the dictator Chavez ... to tow the line and increase production.
> Will they?

SAP AG Beats Consensus in Q3

SAP? who cares

The Recession Is Far from Over

Hey, how did Omarosa work her way from the Apprentice to the White House?


On Sep 22 05:33 PM The Geoffster wrote:

> Jimmy Carter will save us. I'm sorry I meant Barack Obama. Like Mad
> Hedge, I'm showing my age.

Four Reasons We're Headed Even Higher

Nice commentary.

Are we still allowed to say bad things about GE or Immelt? Not sure if that right was recently suspended.


On Aug 29 12:53 PM ArtfulDodger wrote:

> JS and Fellow Investors:
>
> I personally don’t spend five minutes a year trying to figure out
> which way markets are going and don’t really relate to doing it.
> I don’t really care either—for the most part. Crashes such as we
> saw last year are few and far apart; as a rule they simply don’t
> come piling on top of each other.
>
> As I’ve written before on this site, I was once a very foolish boy
> (now I’m a foolish man), and back in the 1980s when the CBOT began
> futures trading on indices, I jumped in thinking I could predict
> the day to day machinations of markets. After only a few days I realized
> my vew was fallacious. I continued to trade for about four years,
> but never again grew the hubris to think I could predict market direction.
>
>
> Therefore, I don’t usually read articles that predict market direction,
> but there are so very many negative articles on this site that I
> decided to read this positive one.
>
> I will say that Mr. Schwarz’s points are valid, especially this one:
> The DOW was around 8400 when Geithner came stumbling out of the blocks
> and Obama was strafing the economy every time he wagged his tongue.
> The DOW dropped 2000 points before Geithner could find his tongue
> and Clinton told Obama to nix the negativity—this was indeed a move
> that had nothing to do with the economy or business. That 2000 point
> move was thus no more a move back to normalcy.
>
> That said, let me also say that at this point the majority of stocks
> I’ve checked out recently do not fit my criteria for buying—but I’m
> a picky, tight son-of-a-batch. So because I can’t find something
> to buy doesn’t mean there’s a crash coming.
>
> I am invested mostly in China and Brazil, with only a few US companies
> in my coop. The problem I see with most businesses in the states
> is too much debt. This came about in my view mainly because of high
> corporate taxes—which
> are not going down.
>
> Some companies are indeed working their debt down. Others, such as
> GE, have added massive amounts of new liability to their books. This
> is why GE’s boss, Jeffrey Immelt, is pushing for a bailout of sorts—urging
> the government to pass the Cap &amp; Trade Bill which will strongly
> benefit GE.
>
> Three of the US companies I own, GD, FWLT, and FLR have stable long-term
> contracts that guarantee them gracious earnings for years out from
> here. Shareholders should be well rewarded, in my view.
>
> The other two, JCOM and GRMN, have pristine balance sheets, keep
> bringing the bacon home to momma year after year, and have products
> and/or services with potential world growth.
>
> I have reasonable profits in all of these, but I’m not selling them,
> shorting them, or putting stops in on them—not matter what anyone
> says, unless there is drastic monetary or fiscal policy change.<br/>
>
> I urge investors (particularly new and young ones) to learn to search
> and find companies of this type, buy them when they’re down (or out
> of favor), and give them a chance to make you some money.
>
> You’ll be much the better off doing this than trying to pick market
> direction.
>
> Thank you for this article, JS, and your work.

Did Bernanke Save the World?

You're right, but there are too many piggies at the public trough in this country that demand increases in spending by their vote, and 535 power-hungry sycophants in Congress are willing to borrow from future generations to pay for benefits of their living constituents.

Ain't gonna happen.


On Aug 24 03:54 PM market mojo wrote:

> All that is needed is a decade+ of restrained spending and/or higher taxes.<br/>
>

Five Reasons the Market Could Crash This Fall

For all of you that are CERTAIN and KNOW that a 50% retracement is coming, I wonder if you've shorted SPY.

I get the sense that you're nothing but bizarro-world equivalents of the CNBC cheerleaders. One side is pump, pump, pump while the other is dump, dump, dump.

I lightened the US equity portion of my portfolio this week, but am still 40% US equities. When we go back down to S&P 700-800, I'll sell some treasuries and corporates to buy more US equities.

It's really not that hard.