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  • Goldman's Success: Put Down Those Pitchforks [View article]
    "ANSWER: "Goldman Sachs has maintained that its exposure to AIG was collateralized and hedged. The majority of Goldman Sachs' CDS (credit default swap) exposure to AIG Financial Group was collateralized. That means that Goldman Sachs had collateral....."
    Yeah, the collateral was/is bad morage loans not to mention mark to market
    using another blogers BS to back up your BS just makes a biger pile.
    Jul 21 00:39 am |Rating: +1 0 |Link to Comment
  • Why Economic Dogma Threatens Our Future Prosperity [View article]
    you see


    On Jul 10 10:28 AM TKA wrote:
    you missed the part about "borrow and spend' cognitive dissonance back at ya
    > I'm not going to take the time to break this all down so let me just
    > point out one critical factor glaringly conspicuous in its absence.
    > Mr. Wiegand states, "...Americans' longstanding (and misguided) obsession
    > with cutting taxes, which is the primary reason the federal debt
    > has been allowed to explode out of control (and California is on
    > the brink of bankruptcy)". So, if this is true, government spending
    > only played a minor role? Talk about cognitive dissonance...
    Jul 12 19:15 pm |Rating: 0 -1 |Link to Comment
  • Canadian Banks Benefit From Market Turmoil [View article]
    The real vote of confidence on the state of Canadian banks was the other banks of the world, the ones that set the LIBOR, not the IMF or any other shill. Canadian banks where froze out same as every other bank, none wanted to lend them money. Banks make money lending money, if there was a bank or a country full of banks that was/is in good shape, the rest of the system would have been falling over themselves trying to get them money. That didn't happen and is not happing.

    Keep your head up and your stick on the ice.
    Nov 02 13:59 pm |Rating: 0 0 |Link to Comment
  • Roger Wiegand: Oil to Reach New Highs by Year-End [View article]
    "The supply/demand picture has been further confused by hurricane Gustav. When Gustav shut down a number of oil refineries and natural gas facilities, oil prices dropped because refineries couldn’t buy oil from the oil producers"

    I think somebody is trying to pull our leg cjct.
    Oct 10 04:51 am |Rating: 0 0 |Link to Comment
  • Despite the Partisan Bickering, We May Be on the Cusp of Opportunity [View article]
    Great article Tim. Some how I think the previous commentators missed the point.
    Oct 02 13:33 pm |Rating: 0 0 |Link to Comment
  • $75 Billion In Mutual Fund Redemptions In September [View article]
    Past recession history says average 16 month in duration, 32% drop from peak. This one started last October. Might be longer and deeper. Just an opinion.
    Oct 02 12:41 pm |Rating: 0 0 |Link to Comment
  • Demand for Gas: You Can't Have It Both Ways [View article]
    Observation #6
    I live some 3 thousand miles away from said Hurricane. My gas prices went up. No line ups, nobody closed down. It was gouging pure and simple.
    Sep 15 08:40 am |Rating: 0 0 |Link to Comment
  • The New Energy Cold War: The Warsaw-Tehran Connection [View article]
    Same topic, slightly different take on the subject.
    Link below is from a Gwynne Dyer essay.
    www.gwynnedyer.com/art...
    Aug 31 15:24 pm |Rating: 0 0 |Link to Comment
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