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  • Dave's Top 10 Reasons This Recession Will Last Forever [View article]
    nothing worse than political polemic substituting for economic analysis.

    i knew it was a piece of nonsense after point number 1....

    but claiming obama will produce the first permanent recession?

    who let's this stuff get published?
    Aug 6 05:15 AM | 28 Likes Like |Link to Comment
  • Why Jobless Claims Will Rise All Year [View article]
    "the biggest spenders" you say, will have less to spend with the repeal of the bush tax cuts.

    actually, the "wealthiest" spend a smaller percentage of their net income than any other category of taxpayers.

    which means, your claim is a false one, most likely driven by ideology rather than common sense logic.

    if the tax cuts are repealed, which they should be, and the government seeks to preserve the same level of "tax cuts" for the overall taxpayer, they should just shift the "cuts" eliminated over to those groups most likely to spend their tax rebates: poor and middle income taxpayers, who as a rule, are struggling to make ends meetr in the "new normal" economy of corporate globalization, where jobs pay less and almost everything else of consequence (health. higher education, food, transportation) tend to cost more.

    stimulate the economy from the bottom up makes more sense than waiting for corporate america, the banks, the wealthy to invest their multi-trillions they have in their accounts right now, according to numerous mainstream news sources, waiting for a "profitable" investment opportunity...

    the problem is really not that complicated: america has been living through three decades of corporate dis-investment in america as it went global, and facilitated through trade and investment laws it worked to change on the level of the global economy so as to increase its profitability and its leverage over american workers to produce more and receive less or lose their job.

    so there are those who look at the american economy trainwreck and say, heh, let's do more of the same corporate friendly reform, and then the economy will grow again...

    keep dreaming, that ship has sailed...
    Aug 5 10:03 PM | 27 Likes Like |Link to Comment
  • Chesapeake Energy: Ready To Double [View article]
    there are more intelligent places to put your money than in this corrupt corporate nightmare.......but to each his own.
    Apr 22 10:09 AM | 12 Likes Like |Link to Comment
  • Why the Market Will Keep Falling [View article]
    right, central planning is the problem lol...which is why the whole world and wall street in particular is constantly singing the praises of the chinese economy, you know, the one which keeps the global economy from collapsing???

    you know, the one buying a good chunk of the american debt?

    you know, the one that manufactures most of apple's miracle iconic products...

    yea, that centrally planned economy...

    oh, sorry, nothing worse than inconvenient facts getting in the way of blind ideological nonsense spouted as Gospel....

    the central planning in america is done by a handful of american bankers and militarists...

    the concentration of wealth in america reflects a particualr form of central planning...

    china's just happens to be more oriented towards their own economy's modernization.

    ours is less effective for the domestic economy because those who do central planning in america have global interests, not national....

    yes, corporate globalization, centrally planned by america's super economic and political elites, revolving door between executive branch and wall street...

    can you say rubin, greenspan, paulson, geithner, summers......

    can you say oligarchy?

    central planning is not the problem, the problem is central planning for whom?
    Aug 15 05:28 PM | 12 Likes Like |Link to Comment
  • Looking for Faith Amidst the Fear: The Bull Case for U.S. Stocks [View article]
    vince, vince, you have fallen for the republican sleight of hand, talking about how the wealthy pay so much of the total share of federal taxes.

    income inequality is at levels not seen since the 1920s, and wealth levels, well they are breaking new records as we speak.

    when the concentration of wealth and income is so steep, of course the wealthiest are going to pay a much higher percentage.

    but, they are paying a smaller percentage of their income and wealth than in decades.

    as well, almost the entire deficit crisis could have been resolved by eliminating the tax cuts installed under bush junior, since they spent months talking about 4 trillion in cuts over 10 yrs, which was the price of the bush tax cuts over a smaller period of time.

    obviously, corporate america does not create net new jobs in america. small business cannot make up the difference. the government has shrunk, not grown, despite all rhetoric to the contrary. there is a huge donut hole created by corporate globalization (dis investment in america) and the financial crisis (a housing bubble designed to resolve the problem of corporate dis investment in america)......

    who is going to invest to create the jobs america needs? common sense says the government must create the stimulus to create the jobs.

    ideology in america has put us in a tough spot. confounding this is people peddling the idea that the rich really do carry too much of the burden of taxation. this is nonsense. history demonstrates the destruction of a moderate social contract through politics or war undermines the health of the nation. all empires become distorted through wars and the greed of their elites. we are experiencing that process right now.
    Aug 6 09:50 AM | 9 Likes Like |Link to Comment
  • Infrastructure Spending: China Knows [View article]
    exactly, could not agree more.

    this package his economic team is trying to peddle
    through congress is so pathetic, i cannot believe
    obama is trying to sell this with a straight face.

    so much for "change" .....

    obama was my preferred candidate but this first
    economic plan is a horrific example of more of the
    Jan 25 05:31 AM | 8 Likes Like |Link to Comment
  • The Facebook Face-Plant And How I'm Coping With It [View article]
    has anyone considered the ceo having the controlling interest and spending like there is no tomorrow as a problem for shareholders?

    after he dropped 19 billion on a text messaging service with no revenue he said he would stop with the crazy purchases now.

    then he went out and only spent a few billion on his next purchase, revealing his word means nothing.

    the stock is selling off in the context of sell offs in other high flyers, and in the process of what appears to be a broader market correction unfolding as we close march and head into april tax season and sell in may go away to the hamptons....

    my sense is the street is not thrilled with what FB is doing with their money right now but since they are "all in" there is not much they can do. they are stuck now with a CEO Gone Wild, and are not about to issue downgrades while they unload shares to protect profits made over the past yr. We should remember many folks only recently turned a profit on FB. Not everyone got in under 40, so protecting profits is driviing their sell off as well as the recent spending spree and more dilution at 55 dollars/share carried out earlier this yr.

    FB needs to show a few more quarters of impressive growth in revenue before we crown them the kings of mobile and social media.

    i liked the stock in december on the pullback into the high 40s, i sold after earnings in the mid 60s, and what I have seen since makes me think FB is a one
    man acqusition machine, accumulating a tech empire with lots of spare parts to do a little bit of everything.

    i am not sure what the future of tech holds, but i do not see people walking around with headgear on as the Next Great Innovation....I think people are already overloaded with gadgets....

    Keep it simple stupid sometimes should also be applied to Boy Geniuses with lots of cash, to uh, burn....
    Mar 28 04:06 AM | 7 Likes Like |Link to Comment
  • Sprint And T-Mobile: Schrödinger's Merger, Part 2 [View article]
    How many wireless networks can the USA actually afford to build out where the investor firms can afford the investments and still make a profit?

    This is a classic example where the assumption of the free market theorists hits the wall of not only barrier to entry but natural resource limits/constraints....

    there is only so much spectrum which can be owned/created, and therefore the most logical long term strategy for the sustainability of the telecom industry is for fewer rather than more "competitors."

    the innovations of the telecom industry are not unique to any of the individual firms, since the true innovation in the telecom industry is coming from the devices themselves (their software and hardware).

    I do not see what is the point of creating a dynamic in the telecom industry where two players totally dominate the field, and the other two struggle to turn a profit.

    there has to be a merger between the two smaller players, and there has to be concentration given the scale of the required infrastructure to deliver efficient and affordable services to business and consumer customers/clients.

    it is funny how we have essentially two operating systems dominating the world (android, apple) of smartphones/tablets, a third system (Microsoft Windows) slowly losing its former monopoly over PCs/Laptops and struggling to establish some significant market share in the new hardware/software field of smartphones/tablets.

    If we assume there will be a Microsoft/Windows future, it will be as the third player in the hardware/software future of telecommunications/com... network systems with Apple and Google.

    Microsoft obviously still has corporate clients with its computer networks going forward, but with cloud computing proliferating, where is the need for the Microsoft domination in this field going forward?

    Applications have decentralized the world of computing, but hardware and spectrum is becoming increasingly centralized out of necessity.

    The analogy is with Higher Education, where a few buildings house a wide variety of intellectual specializations. Behind it all is one massive energy plant, with its own decentralized source of power generation, with another source tied to the national/regional energy grid.

    The world of telecommunications is essentially a centralized utility service provider delivering the energy required for billions of end users carrying out an infinite variety of assignments.

    We should remind ourselves that, at the end of the day, the most efficient way to create a wireless infrastructure would be with one provider doing all the infrastructure build out, not several overlapping and conflicting/incompatible buildouts. Perhaps this is why smaller countries like South Korea and Japan have such fantastic wireless/internet services compared to the USA. They do not struggle with issues of profitability, but instead their issue is overwhelmingly about maximizing the quality of public/commercial service.

    And this is at the level of the global economy. How can we expect more than three telecom players making the required investments to sustain an efficient and affordable wireless network of services at the national level?

    And if there is a 4th player in the telecom/wireless field, it will be coming from Google, which is making a move in wireless services that involves mapping and transportation services.

    I think the pace of change in the wireless telecom/computer networking markets makes the idea of a Sprint/TMobile merger both timely and of necessity.

    The federal government cannot talk about such a merger in the same terms as it did the AT& T buyout of TMobile several yrs ago because so much has changed since then.

    You have a few global operating systems dominating the planet, and a few telecom wireless providers (at most) dominating national/regional economies. Consolidation is a necessity, not an option, given the investments in infrastructure required and the violation of the free market assumption of unlimited resources (spectrum) inherent in the industry.
    Jan 20 07:53 AM | 7 Likes Like |Link to Comment
  • Apple: The Absurdity Of Market Expectations [View article]
    the current apple sell off is laughable.

    but there is nothing anyone of us can do about it.

    more powerful forces have their reasons, and they
    have to do with finally getting long term holders to
    sell their shares......

    this needs to test 400, and most likely will go briefly

    this is a technical sell off.

    enjoy the entertainment.
    Jan 25 12:53 PM | 7 Likes Like |Link to Comment
  • These Mining Stocks Could Sink On Executive Pay Outrage [View article]
    the ceo of fcx appears to be a real scoundrel......must be nice to make 69 million a year while your miners can barely make enough to live...and people wonder why there are strikes against this company?
    Jul 1 12:50 PM | 7 Likes Like |Link to Comment
  • Who Is Buying This Market? [View article]
    the fed method has a rational purpose: to inflate the assets of the class of people it seeks to serve. imagine, on the side of the corporate philanthropy which keeps the soup kitchens and museums and many social service agencies suffering from government cutbacks in business, what would happen if they could not spend 5 percent of their 8 percent average annual endowment growth?

    ny city would collapse if wall street shrank even further. and with it the entire state would be even deeper in fiscal crisis.

    millions of retirees would be in even deeper doo doo if the stock market was allowed to collapse, even if they themselves have pulled funds from some mutuals, most pension funds are still invested for millions of people in corporate, non profit, and government sectors of the economy.

    the problem is not with the fed strategy, the problem is with the lack of political will among the elite fractions of capital to recognize the utter failure of their corporate globalization model to deliver jobs to the american economy.

    so the middle class shrinks, the working class becomes poorer, and the underclass becomes more desperate and dysfunctional.

    but the people who fund campaigns, charity, and pensions are being taken care of quite well, thank you.
    Feb 12 12:24 PM | 7 Likes Like |Link to Comment
  • 17 Reasons to Be Bullish About the Markets [View article]
    i know why people assume the republicans winning the mid terms would be positive for the market, but i am also left wondering, have
    people not learned anything from the eight years of republican
    economics under bush jr?

    i mean, seriously, do we really think the republicans would be doing a better job for the american economy than obama is, even with all his shortcomings.

    do people really want wall street deregulated or unregulated again?
    cause from what i can tell, that seems to be what the republicans remain committed to.

    do we really think extending the taxbreaks for the wealthy is the way to handle a deficit problem, if we ignore the fact that just a few years ago vp cheney was saying deficits were not a problem? and before that, greenspan warned that the clinton surplus was more dangerous to the economy than bush deficits via tax cuts in the trillions for the wealthy would be?

    this talk of the republicans retaking the house and senate seems extremely premature, and also mind blowing, given what went down under eight years of bush jr.

    hard to believe people would prefer another dose of that in washington.

    then again, i realize white males do tend to vote republican, and financial markets are populated overwhelmingly by white males....

    Jul 25 10:19 PM | 7 Likes Like |Link to Comment
  • Fed: Still Smoking In Bed As The Town Burns [View article]
    i think the most important point is where the new money printed gets distributed. who gets the money is all that matters. the average jane and john doe have lots of simple wants and needs that they could spend money on, but the most amazing aspect of this entire post crash bailout has been the refusal to recognize that a capitalism based on nationalism does not work for the nationals when the capitalism in play is global. forget about the criminal wall street elite for the moment. the problem is a way of seeing how the economy functions. the fed is giving money to banks that have no patriotic sense of duty, and no nationalistic capitalist sentiments, they put the money wherever they think they can make the most.

    the money created by the fed has not worked well because the money is not being reinvested in the productivity of the american economy, but in the speculative productivity of the wall street elite and their friends and associates all over the globe.

    we have a paradigm change and no one seems capable of admitting it. nationalist capitalism generates high growth rates given a productive citizenry. denationalizing capitalism generates disinvestment given a globalist ruling class.

    the fed is not going to challenge the model of the globalist elites, so the money it funnels their way to stimulate the so called us economy ends up stimulating the us economy very littler, outside of manhattan, palm springs, and a few other select locales of the bankster crowd.

    the fed could do a very effective QE3 by creating a national infrastructure bank, take all infrastructure spending off the federal/state budgets (since it is capital investments for public infrastructure preservation and improvement) and over night transform the state of the american economy and the future productivity of the national economy.

    take all those trillions of cheap dollars going to the speculators on the street and their hedgie friends, close the fed window to them and theirs, and reallocate all that cash to the infrastructure bank, with projects approved by independent boards of civil engineers, in the 12 current federal reserve districts.

    then watch america grow and the jobs return....wall street can buy shares in the companies winning the contracts to do the work with the local/state/federal authorities in charge....

    a Marshall Plan for America, I will call it the Bernanke Plan for America.
    Jun 24 10:34 PM | 6 Likes Like |Link to Comment
  • The $1T figure attributed to the Afghanistan mineral discovery is nothing more than the "wildest of guesses," Casey Research says, because no responsible geologist would circulate a valuation figure at this stage. "The government’s story sounds like the sort of PR stunt put out by Pink Sheet scammers." Maybe we'll know more in about 10 years.  [View news story]
    the story came out to bury the more important story based on a report by the london school of economics in which they interviewed taliban and pakistani military and intellifgence leaders and operatives and concluded that a "double game" has been in play, in which the heavily financed us-backed pakistani military government (civilian in name only) has cont'd to support in all manners the taliban's war inside afghanistan.

    this explosive report needed to be buried, and it was, by the ny times' james risen getting an "exclusive" around midnight sunday-monday and posting it on the ny times website.

    this effectively buried the london school of economics report, which destroys the myth of taliban autonomy, as well as the assumption that the usa is somehow unaware of what is really going on.

    the question is: does the usa want a war in afghanistan to continue via pakistan funding of the taliban to legitimate long term base building in the country?

    obviously, this is a "strategy of tension" approach, and the americans cannot pretend any longer why they are there and who is sponsoring their "enemies."

    a german political official recently resigned after admitting nato was in afghanistan for "commercial" reasons. this story also got little american press attention,
    Jun 14 07:55 PM | 6 Likes Like |Link to Comment
  • Growlife: Why There's No Stock Like It [View article]
    I was impressed with your evolution on this sector from trader to investor.

    thanks for offering intelligent analysis. your writing skills should be copied by other posters seeking to make coherent, concise presentations.

    this is an exciting industry in formation, and we need good traders/investors/anal... to make sense of it all.

    there is no reason honesty is not the best policy around this sector. both for analysts as well as the new entrepreneurs entering the field.

    thanks again for your input.

    and yes, you do move markets (at least short term) lol...
    Feb 11 12:06 PM | 5 Likes Like |Link to Comment