Seeking Alpha

paintismotion » Comments » DIA

  • Key Unemployment Indicator Signals Recession Might Be Ending [View article]
    I do not believe things are improving. It is impossible to improve short term. We have lost too many manufacturing jobs - period. We have reached the tipping point and it is a long grade downhill. No one is hiring on multitude of laid of workers running out of UI benefits in this sad economy! I suggest the lower numbers suggest manipulation of the figures by the gov't and when you compound this with the fact there are people coming off of unemployment, who have simply given up, or who do not report statistically, we are in a real collective mess. There are just no jobs. The numbers will decelerate too while the ghost numbers of real unemployed (and homeless) expand because people will simply give up looking and hope and expec a government bailout - of the unemployed, the unemployable abd those unable to find work or not looking any more. Its that bad. Oh, did I mention the government is BROKE!
    Jun 05 10:07 am |Rating: +7 -1 |Link to Comment
  • How to Preserve Wealth in a Socialist Economy [View article]
    of course in the future governments may be increasingly socialist anyway to the point no one can own arable land and the government operates it for the good of the nation. if that happens the question and quick answer (i hope not) might be the government would inevitably fail in its efforts to feed the nation and if that happens al bets are off.


    On Feb 16 01:22 PM paintismotion wrote:

    > Wait another ten years and we will all be americans perhaps. I for
    > one can not see Canada staying independent from the USA in the long
    > term. Also- it is not worth losing one's life over or fighting for
    > - as amalgamation is inevotable from a resources perspective. one
    > has to keep the eye on the long term and the long term indicates
    > a progressively aging population, oil scarcity, probably continuing
    > bad government at most levels and a rapidly unravelling economy over
    > the next 50 years. immigration will and should be discouraged in
    > the face of dwindling resources off into the future. If I was you
    > i'd buy a farm and learn how to grow food. Land and food production
    > in the future will be wealth generators.
    Feb 16 13:27 pm |Rating: 0 0 |Link to Comment
  • How to Preserve Wealth in a Socialist Economy [View article]
    Wait another ten years and we will all be americans perhaps. I for one can not see Canada staying independent from the USA in the long term. Also- it is not worth losing one's life over or fighting for - as amalgamation is inevotable from a resources perspective. one has to keep the eye on the long term and the long term indicates a progressively aging population, oil scarcity, probably continuing bad government at most levels and a rapidly unravelling economy over the next 50 years. immigration will and should be discouraged in the face of dwindling resources off into the future. If I was you i'd buy a farm and learn how to grow food. Land and food production in the future will be wealth generators.


    On Feb 15 09:49 AM yellowhoard wrote:

    > I've been looking towards Canada as a possible safe haven. There
    > is no inheritance tax and a five year grace period for non Canadian
    > cap gains. The country has enormous resource wealth so the currency
    > should improve relative to the US dollar. Granted their taxes are
    > high now, I see them as being reasonable five years out.
    >
    > When the bill comes for this orgy of spending, we will have 80%+
    > marginal rates. At that point, you might as well be a slave.
    >
    > Any Canadians out there to give me advice?
    Feb 16 13:22 pm |Rating: +1 0 |Link to Comment
  • Madoff: One Bad Apple Should Not Deter Investors  [View article]
    Holy Cow! One Bad Apple! Hey one bad apple can spoil the whole barrel is how the folk saying goes. However, the market is like Apocolypse NOW and the bad apples are raining down on our heads like jackhammers! Even Cramer has assumed the OSTRICH position. For me it is salt away some silver, salt away some gold, salt away more cash and get things broken fixed in my life, home, finances and start being a lot more prepared (like the old boy scout motto) for any bad stuff coming down the pike. No - i don't think fiat paper is a good haven, no - i don't think the market is a good haven (but i will short and buy where i think i can make money in and out like a shark). Cramer is stuck in stocks cause he has to be. I do not. Bad times coming and even the gurus make mistakes and as we have seen, our leader will obfuscate the truth. That is a fact you can take to the "bailed out" bank.
    Dec 17 10:20 am |Rating: 0 0 |Link to Comment
More on DIA by paintismotion
Comments by Ticker
paintismotion's
Comments Stats
13 comments
Rating: 16 (20 - 4 )