Seeking Alpha

The Retired one » Comments » TBT

  • Treasury Bonds: Here Comes the Bull Market Flattener [View article]
    O.K. we all see the long bond as a bomb waiting to destroy itself. For the moment other nations are buying it in desperation hoping it will keep business and jobs afloat. Everyone knows this is a temporary fix for a problem that no one preceved far enough in advance to make proper changes.
    Guys & Girls we all know we have a U.S.A, problem.
    We have children in College that hate the foreigners because they work so hard our kids most of them resent the foreigners.
    Our Joe public hasn't saved in 35 years big deal he's scared poop now so he's saving a few lousy dollars. Get off this Govt. B/S that savings rates are getting better it's like trying to stockpile food after a atomic attack duh duh.
    O.K. forget older people going to live with their kids this is malarkey.
    Our so called kids 25 to 45 yrs old,are going to be doing more of the same leaching off mom and dad. Generation (WiDE-SCREEN) as in T.V.for their priorities every toy in creation.
    Back to L.T. Bonds it's retired people that have saved the supply of money that the Govt, used via L.T.Bonds to keep the services going.
    Well these low rates make insolvent banks make money but they can't lend enough and collect the payments to keep the game above water.
    People are not spending except prior to (Back to School) call me "Rodney Dangerfield'
    If you don't give retired people enough interest to live on with the eventual inflation who is going to bail them out? We must have a guaranteed rate of 6 percent on 30 year T.bonds. With a tips C.O.L.A. so if we see 1980ish inflation the rates go up to reduce inflation and keep retired people with enough money to live.
    I'm certain that you remember that rates on notes were 16 percent and L.T.Bonds between 12,5% and i hear if you were a broker 15 % which i saw 12,5 in the paper but 15% never made it to the paper it was scurried away by the brokers and M.L. etc. long before the public ever had a chance. AU went to 855+
    We must bring money back into the savings arena but real money not fiat just printed wet money not even dry yet.
    Only Savors have this but they save as it is their way. Not out of temporary fear duh duh.
    We must not give our money to corporate America for free by buying stocks as they will not pay dividends and increase profits we are still paying auto workers $50.00 an hour.
    We must reward people that have done things right.
    Oct 04 06:28 am |Rating: 0 0 |Link to Comment
  • Why This Rally Is Unsustainable [View article]
    There is no future for the small man to invest in wall street and the banks. Even the investment greats of the past know they can't trust anyone with their money anymore.
    Wall Street has killed the goose that laid the Golden egg.
    May 07 08:45 am |Rating: +4 0 |Link to Comment
  • The Worst Case Scenario (Someone Has to Say It) [View article]
    O.K. Where are all you guys going to go? I want to get a fair estimate so i have a chance to survive with my family.Thanks for any feedback.
    Market chatter is getting to much attention.
    I figure food for a 6 month period and after that if they don't get things working well you better move someplace else. No i really figure i should move before the 6 months but where.
    I 'm sickened by America's ways as i knew this was coming and my Corp. pension is worthless the Govt is as bad and if you go some where what makes people think another country will want people from the U.S.A.
    The ugly American???? Do you blame them?
    Where are yo going to work as a senior citizen really?
    I want out now i don't want to wait the banks will take a holiday ordered by the govt and they will share your left over money to keep the riots under control for a few months. Hey yeah call a lawyer! More likely some loyal guy that used to be your boyscout leader from the National guard will follow a govt order call you a threat to society and your house will go up in smoke in 30 seconds and in this way legally the insurance company doesn't have to pay as it will be a act of insurgence a war like event. Your bank account will be frozen like in the 1930's
    Folks Find a remote place bring food seeds and fuel and medicine and don't forget to change your address so the govt sends your social security check forwarding it to you and your family. Remember the post man always delivers.
    Any savings you have will be used to support the needy and you well your just one of those collateral damages they speak of. Naturally this could never happen this is America not Durfur.
    And i'm gonna work as a stand up com-mic so i can laugh myself to death.
    The Govt in power right now walked into this mess and it has been brewing for decades so. You'll be like a space shuttle that runs out of fuel just past the half way mark to it's destination and can't turn back or get where it's going for what to survive for another month.What would you do if tomorrow your bank or broker shut down and the govt did what the State govt did last time the insurance companies went bad in N.Y.S. and they paid off from the fund 35 cents to the dollar for a life time of work to helpless people? Doesn't anyone want to speak about the reality of what is? What good is a Home owners policy that the ins. cos. are already reneging on by cutting the most important needed benefit for your area because they want to retain capital. you pay for 25 years and then they stick it to you all preplanned and you have no where to go.
    They are doing it to your insurance agents policy as well.
    If they print this lets see if or how others really feel about this.
    Thanks guys for reading this as the market's gobbledygook won't be worth printing or reading later on.
    May 07 08:18 am |Rating: +3 -3 |Link to Comment
  • The Worst Case Scenario (Someone Has to Say It) [View article]
    I know this country and the world is in bad shape however we have to produce food and basic staples electric gas and medicine.
    Even if the people can't pay the big banks Citi B.O.A. Wells Fargo etc what will they do sell the repoed homes to foreign investors whom will they sell the homes to no one will have any worthwhile currency to transact business with.We have asituation where we will be in for a hard way to learn to live like we were in a third world nation as we can't rob any materail goods from a third world nation whom would we sell it to and with what acceptible currency would the tranaction be done with, silver gold tey a loaf of bread and a tire for the car and some brake pads.Good night Mrs callabash where ever you are?
    May 07 07:15 am |Rating: +1 -2 |Link to Comment
More on TBT by The Retired one
Comments by Ticker
The Retired one's
Comments Stats
49 comments
Rating: 3 (21 - 18 )