The Hammer

Funding FDIC: Why Banks Should Pay

Agreed so sent a message to the [e-mail]

The tax payers are getting pick pocketed time after time.

Edmunds.com predicts September car sales of just 8.8M/year, a 28-year low and a 38% plunge from August's CARS-induced 14.1M blowout. "Cash for Clunkers was supposed to prime the pump," Edmunds' Jeremy Anwyl says, "but that is a physics concept, and economics is quite different. Demand has dropped off significantly since the program ended."

Printing phoney money to induce demand fails everytime.

Just watch the shenanighans at the FHA. Writinf more phoney mtg loans. Does this corruption ever end?
Only a nationwide revolt will change this corruption.

Policymakers could be the bane of a recovery if they prevent the Fed from reining in monetary stimulus when the time comes, Alan Greenspan says. Speaking to Deutsche Bank clients in Tokyo this morning, the former Fed chief warned the U.S. must shrink its 'very dangerous' debt load or risk undermining the dollar.

Ditto.........

You currency wrecker.

Procter & Gamble: Projecting a Resumption of Organic Growth

nice work Tom.
what is pg going to do with the proceeds of 3.1 billion for the Warner Chilcutt ?
Another thing do you know how much domestic vs intl sales and what are their plans to gain positions in emerging markets?

A New Worry for Stock Market Bulls

The high priced experts are out of touch with reality. One only had to shop for a hpuse in 2002-2003-2004-2005-2006 to see the insanity in the mtg/housing market.
These over priced soothsayers have not felt the impact of stagnant wages for years.
Where the hell is this V-shaped demand going to come from? More leverage and credit? The only entity right now piling on debt is the federal govt along with its toll the FHA and fnm. How long can these ponzi schemes last? Not for ever.....but maybe we can withstand a few more years of this kamakazi like monetary policy before the tipping point takes hold.
A major crisis is coming in our currency and the american sheeple who close their eyes to all this cuz it does not impact them is in for a rude awakening.

Is Buffett Backing Away from Stocks?

If you think demand for goods and services will go back to pre 2008 levels, then stocks look undervalued. Howver if you feel that a lower level of economic base will be the norm then prices are more than fair valued at these levels.
Easy credit goosed the economy for a decade or two. Now it is relatively gone for now except the govt spending like drunks giving out money to derelicts at every chance. Once this free money scheme ends then what?

U.S. banks need more capital, former Fed chief Alan Greenspan tells a Mumbai conference this morning. "I think even in non-euphoria, non-crisis times, we need to have a larger buffer than we currently have."

OK Mr Magoo. You were in a deep sleep when the biggest baddest credit and housing bubble formed and was inflating at a rapid pace.
Why anyone cares what greenspan says is beyond me. this man nearly singlehandedly destroyed an economy.
Now this book worm bernanke thinks he will outsmart the markets with his schemes.

FHA: Next in the Bailout Line?

Another black whole all brought to you by your bought and paid for politicians......by other than the Real estate complex.
nar ...mba....nahb....

Is U.S. Debt Really All That Bad, Comparatively Speaking?

Yeah your number are a little outdated . Fed debt has rocketed upwards in the last 3 years.
We are in a fed debt bubble now. You can't print your way to prosperity...eventually the ponzi collapes.
And Bernanke is hailed as a hero. This guy is a bum destroying future generations.

Thoughts on New Home Sales and Durable Goods Data

just for clarification, the above comment is not per se directed toward doug but to realtors in general.

U.S. Fiscal Policy: Fantasy and Reality

Nice post Ed but unfortunately nothing will chnage from this corrupt govt and policiticnas until a major crisis forces change.
It is coming.
I see public outrage growing and when the economy has its next leg down watch the $%$# out.

Thoughts on New Home Sales and Durable Goods Data

Hey Doug, It's a great time to buy right?
I remember the call saying it is a great time to buy and sell!
A disgusting unethical organization imo.
You guys had all the data 3-4-5 years ago that house prices were at extremely high levels to incomes but kept pimping houses.
This is non-sense that it is good that house prices go up. Why because a house has become a huge burden on american families that eat up to much of their monthly income. it's time for house prices to fall to affordable levels to local incomes where a family can pay the mtg and house expenses while saving for retirement and having some kind of life. House is a place to live and not be a big burden and a vehicle to speculate with.

Could News Corp Become a Victim of New Media?

You touched on a few important issues joe. The population went on a spending spree the last 10 -15 years and now the bill is coming due, but asset values have fallen and incomes have remained relatively stagnant. Bad news for these binge spenders. Now the public will have to retrench their addictive speninding patterns and delever whether they like it or not or just keep putting their hand out looking for the govt, future generations and savers to bailout their freeloading @$$es.

Could News Corp Become a Victim of New Media?

So what is your outlook besdies it is fairly valued?
"News Corp is in an industry that seems to be in a state of shock from the combination of the economic crisis and the digital revolution."
"However, News Corp still has a chance to catch up with new media.."
You seem to flip flop about news corp.

Why Stock Buybacks Are Not Always a Good Thing

Problem with buybacks is usually buybacks are done at absurd stock prices, not when the cos stock is undervalued. Buybacks are used to cover up for excessive--dilutive stock option awards.
many examples of executives putting their self interest ahead of shareholders. In many cases these thieves borrow large sums and go into debt to buyback stock. The worse example of all.