waf76's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/200622/comments http://seekingalpha.com/article/175002-high-gold-prices-it-s-the-oil-stupid?source=feed#comment-775169 775169
Geopolitically, the US cannot wean off the dependency of foreign oil. You must understand that the middle class has already been sacrificed in order for the status quo to remain in Wall Street and Washingtion. Ron Paul is a great man but no chance of being able to audit the Fed. Those truths, if or when revealed, will destroy the economy as we know it. The truth is the US has already been checkmated by the world, we just don't have the vision to see it yet. We'll dig ourselves a bigger hole in the meantime. The rise of Obama was political genius. The rise of a black man, from immigrant parents, coming from the left after we experienced 8 years of Bush, the protypical power, Southern, white, from big oil republican with essentially no daylight between agendas. Neocons still run the executive branch and the senate. If war with Iran ever comes to fruition then our soliders in Iraq will be sitting ducks. We will set them back while setting back ourselves with the only clear winner....Israel. If we could only have a normal alliance with them instead of having this "special relationship" where we look away at all the things the international community view as illegitimate...after all didnt they steal our nuclear technology? Sink the USS Liberty?... but i digress...how come we don't have this special relationship with the Brits? or the French? Didn't they help us during the American Revolution?

We will never be able to change anything in this country without a major revolution but don't hold your breath on that one. We'll become more socialized instead of more free....]]> Tue, 24 Nov 2009 10:47:55 -0500
Geopolitically, the US cannot wean off the dependency of foreign oil. You must understand that the middle class has already been sacrificed in order for the status quo to remain in Wall Street and Washingtion. Ron Paul is a great man but no chance of being able to audit the Fed. Those truths, if or when revealed, will destroy the economy as we know it. The truth is the US has already been checkmated by the world, we just don't have the vision to see it yet. We'll dig ourselves a bigger hole in the meantime. The rise of Obama was political genius. The rise of a black man, from immigrant parents, coming from the left after we experienced 8 years of Bush, the protypical power, Southern, white, from big oil republican with essentially no daylight between agendas. Neocons still run the executive branch and the senate. If war with Iran ever comes to fruition then our soliders in Iraq will be sitting ducks. We will set them back while setting back ourselves with the only clear winner....Israel. If we could only have a normal alliance with them instead of having this "special relationship" where we look away at all the things the international community view as illegitimate...after all didnt they steal our nuclear technology? Sink the USS Liberty?... but i digress...how come we don't have this special relationship with the Brits? or the French? Didn't they help us during the American Revolution?

We will never be able to change anything in this country without a major revolution but don't hold your breath on that one. We'll become more socialized instead of more free....]]> http://seekingalpha.com/article/174459-can-apple-stop-the-android?source=feed#comment-769176 769176 Fri, 20 Nov 2009 12:28:32 -0500 http://seekingalpha.com/article/174488-why-krugman-is-wrong-about-the-yuan?source=feed#comment-769154 769154 Fri, 20 Nov 2009 12:19:23 -0500 http://seekingalpha.com/article/173472-dollar-vs-yuan-exchange-rates-aren-t-the-problem-or-the-solution?source=feed#comment-762082 762082

On Nov 16 08:46 AM Tetrapod wrote:

> Thanks for the article.
> I agree that the currency peg isn't everything, but I think removing
> it is a pre-requisite to any healing of the world's economic system,
> especially that of the US.
> China values jobs over wealth, and thus far, the US has been willing
> to allow China to steal our core manufacturing jobs using their artificially
> suppressed Yuan.
> I think that our two governments are currently engaged in a big game
> of Chicken (see seekingalpha.com/user/...). The
> US is intentionally weakening the Dollar, to try to break China's
> peg. China refuses to relinquish their death-grip. Sure, a badly
> weakened dollar will hurt the US, but it will hurt Beijing even more,
> as they are forced to buy more and more weakening dollars to keep
> their currency artificially low. The ones who are getting hurt the
> most are Europe and Japan, as their currencies are being forced up
> to unsustainable levels.
> Until either Washington or Beijing relent, it's going to be a very
> ugly, but necessary contest. I believe we have the upper hand on
> this one, as we can print money faster than China can buy it all,
> and if China dumps the dollar, it hurts them more than us.]]> Mon, 16 Nov 2009 11:14:03 -0500

On Nov 16 08:46 AM Tetrapod wrote:

> Thanks for the article.
> I agree that the currency peg isn't everything, but I think removing
> it is a pre-requisite to any healing of the world's economic system,
> especially that of the US.
> China values jobs over wealth, and thus far, the US has been willing
> to allow China to steal our core manufacturing jobs using their artificially
> suppressed Yuan.
> I think that our two governments are currently engaged in a big game
> of Chicken (see seekingalpha.com/user/...). The
> US is intentionally weakening the Dollar, to try to break China's
> peg. China refuses to relinquish their death-grip. Sure, a badly
> weakened dollar will hurt the US, but it will hurt Beijing even more,
> as they are forced to buy more and more weakening dollars to keep
> their currency artificially low. The ones who are getting hurt the
> most are Europe and Japan, as their currencies are being forced up
> to unsustainable levels.
> Until either Washington or Beijing relent, it's going to be a very
> ugly, but necessary contest. I believe we have the upper hand on
> this one, as we can print money faster than China can buy it all,
> and if China dumps the dollar, it hurts them more than us.]]> http://seekingalpha.com/article/173494-roubini-on-unemployment-the-worst-is-yet-to-come?source=feed#comment-762048 762048 Mon, 16 Nov 2009 11:00:00 -0500 http://seekingalpha.com/article/173553-if-android-s-going-to-compete-it-needs-a-real-app-store?source=feed#comment-762014 762014 Mon, 16 Nov 2009 10:40:57 -0500 http://seekingalpha.com/article/173543-china-nixes-obama-s-balanced-trade-rhetoric?source=feed#comment-762010 762010 Mon, 16 Nov 2009 10:38:39 -0500 http://seekingalpha.com/article/173531-the-power-of-instant-approval?source=feed#comment-761958 761958 Mon, 16 Nov 2009 10:12:46 -0500 http://seekingalpha.com/article/170801-apples-to-apples-will-history-repeat-itself-as-android-gains-on-the-iphone?source=feed#comment-749977 749977 Sat, 07 Nov 2009 13:25:28 -0500 http://seekingalpha.com/article/170383-nintendo-the-wii-bubble-has-burst?source=feed#comment-743062 743062
As for Wii, Nintendo made so much off it because its higher priced for an inferior product and more importantly they were the developers of the games. Do you remember the first Nintendo? Black box games? All Nintendo created...now they need the 3rd party developers to step up but most of them are already signed up with xbox and are always going to develop for that platform first and the others later...]]> Tue, 03 Nov 2009 16:51:48 -0500
As for Wii, Nintendo made so much off it because its higher priced for an inferior product and more importantly they were the developers of the games. Do you remember the first Nintendo? Black box games? All Nintendo created...now they need the 3rd party developers to step up but most of them are already signed up with xbox and are always going to develop for that platform first and the others later...]]> http://seekingalpha.com/article/170860-apple-weaker-dollar-will-benefit-revenue-growth-and-margins?source=feed#comment-743049 743049 Tue, 03 Nov 2009 16:43:05 -0500 http://seekingalpha.com/article/168065-e-trade-very-undervalued?source=feed#comment-725997 725997 Thu, 22 Oct 2009 18:36:02 -0400 http://seekingalpha.com/article/168356-can-apple-be-a-300-stock?source=feed#comment-725978 725978 Thu, 22 Oct 2009 18:32:43 -0400 http://seekingalpha.com/news/market_currents/post/34819?source=feed#comment-725595 725595 Thu, 22 Oct 2009 14:27:36 -0400 http://seekingalpha.com/article/167746-david-einhorn-break-up-too-big-to-fail-institutions?source=feed#comment-723289 723289 Wed, 21 Oct 2009 09:19:44 -0400 http://seekingalpha.com/article/167808-fannie-and-freddie-not-worthless-yet?source=feed#comment-723212 723212 Wed, 21 Oct 2009 08:44:34 -0400 http://seekingalpha.com/article/166698-two-lessons-from-iphone-piracy?source=feed#comment-716279 716279 Thu, 15 Oct 2009 10:24:45 -0400 http://seekingalpha.com/article/166626-citadel-s-e-trade-stake-the-selling-continues?source=feed#comment-716162 716162 Thu, 15 Oct 2009 09:09:21 -0400 http://seekingalpha.com/article/166470-why-android-is-gaining-ground-on-apple?source=feed#comment-715047 715047 Wed, 14 Oct 2009 11:34:24 -0400 http://seekingalpha.com/article/166258-is-meredith-whitney-s-goldman-sachs-downgrade-heresy?source=feed#comment-714114 714114 Tue, 13 Oct 2009 13:58:55 -0400 http://seekingalpha.com/article/166272-whitneys-goldman-downgrade-why-she-did-it?source=feed#comment-714105 714105 Tue, 13 Oct 2009 13:52:44 -0400 http://seekingalpha.com/article/166269-debt-monetization-he-s-heading-for-that-small-moon?source=feed#comment-714085 714085
"The Fed saw consumer and business borrowing collapsing at a disastrous pace and choose to answer with a deflation busting level of quantitative easing."

That's exactly what's happened. Unfortunately the consumer will not be back anytime soon. I don't foresee a premature exit strategy either as it would be political suicide.]]> Tue, 13 Oct 2009 13:39:22 -0400
"The Fed saw consumer and business borrowing collapsing at a disastrous pace and choose to answer with a deflation busting level of quantitative easing."

That's exactly what's happened. Unfortunately the consumer will not be back anytime soon. I don't foresee a premature exit strategy either as it would be political suicide.]]> http://seekingalpha.com/article/166134-will-e-trade-surprise-or-disappoint-wall-street?source=feed#comment-713870 713870 Tue, 13 Oct 2009 11:12:22 -0400 http://seekingalpha.com/article/166235-if-a-bubble-bubble-bursts-off-the-balance-sheet-will-anyone-be-there-to-hear-it?source=feed#comment-713840 713840 Tue, 13 Oct 2009 10:53:01 -0400 http://seekingalpha.com/article/165575-in-earnings-season-who-cares-about-the-unemployment-rate?source=feed#comment-709053 709053 Thu, 08 Oct 2009 14:07:59 -0400 http://seekingalpha.com/article/165538-falling-dollar-finally-front-page-news?source=feed#comment-708710 708710
What would worry more is if the world follows suit as to what Australia has done and begin to slowly creep interest rates upwards while the Fed doesn't increase rates here. This will put significant pressure on consumers as commodity prices will rise, the dollar purchasing power diminished, and real wages staying the same. The world can torpedo the recovery here in the US if they so choose to.]]> Thu, 08 Oct 2009 11:19:32 -0400
What would worry more is if the world follows suit as to what Australia has done and begin to slowly creep interest rates upwards while the Fed doesn't increase rates here. This will put significant pressure on consumers as commodity prices will rise, the dollar purchasing power diminished, and real wages staying the same. The world can torpedo the recovery here in the US if they so choose to.]]> http://seekingalpha.com/article/165449-beware-the-next-bubble?source=feed#comment-708693 708693 Thu, 08 Oct 2009 11:09:46 -0400 http://seekingalpha.com/news/market_currents/post/33821?source=feed#comment-707559 707559 Wed, 07 Oct 2009 16:34:36 -0400 http://seekingalpha.com/news/market_currents/post/33821?source=feed#comment-707558 707558 Wed, 07 Oct 2009 16:34:26 -0400 http://seekingalpha.com/article/165099-imposing-a-haircut-on-secured-bank-creditors?source=feed#comment-705544 705544 Tue, 06 Oct 2009 14:27:05 -0400