jdlech

Massive Government and Private Sector Job Cuts Coming

Just how many jobs can niche job boards and social networks absorb?
Also, unemployment will soar only for a little while. The official unemployment rate only considers those who *currently* qualify for the program. Those who's unemployment runs out are also dropped from the statistics regardless of their employment prospects. Effectively, 6 months after the last job in America is lost, the official unemployment rate will be zero and the American propaganda machine will be calling it a full employment miracle.

Will the Banks Rebound? Cramer's Mad Money (5/30/08)

There's players on Motley Fools CAPS that admittedly play only 1 1/2 hours on the weekend scoring better than Cramer. What does that tell you? Follow your own drumbeat. As for this site, I find it no better - and no worse than the hundreds of other sites that publish hype and doom for advertising dollars. And I find nearly everything I read is hype and doom; even the so called 'news'.
getjdb, you should be the only expert you consider worth following. Buffet, Heebner, et. al. should be considered mentors and fonts of advice and wisdom. But the only person who has your best interest in mind, however, is always going to be you.

Doug Kass's Killer Shorts - Barron's

If you want to bet on shrinking disposable income, it would be far better to short American midcap consummables companies who live on branding. Look for a company without a lot of foreign exposure.
Yes, people who feel poorer will thrift just about anything - even toothpaste and TP; opting to buy generic over name brand. And they will do so even when both are within just a few pennies of each other.
I've known people who would drive 30 miles out of their way to save a couple of pennies per gallon of gasoline despite the fact that they burn $3 to do it. The average consumer is not always the epitome of homo economicus rationality.
Caveat commodator