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jarco

jarco
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  • Interview: Marc Faber on the Federal Reserve and Hyperinflation [View article]
    Doesn't all this strongly suggest our government, as currently structured and operated, is a failed system?
    Sep 28, 2010. 11:11 AM | Likes Like |Link to Comment
  • The Economics of Mass Destruction (Part II) [View article]
    Since most investors are flat out optimists, this pessimistic list seems more at home in a NY Times or Washingtom Post Op-Ed piece than here.

    In my view, most of the reality supposed by the data quoted can be sourced to (1) the failing US educational system over the past several decades and government administrations and (2) the economic tsunami of 2008. In the latter, well documented in Michael Lewis' "The Big Short" and elsewhere, wasn't caused by government inaction aside from being asleep at the wheel. Mortgage companies, not banks in the classic sense, sold and re-sold toxic loans to investment banks who marketed them throughout the world. Many of the culprit instruments were literally invented but a few months earlier by Steve Eisman and others with little or no fanfare or visibility within the investment community let alone the government.

    Yes, I agree the Bush tax cuts added much fuel to an already burning fire. But the haves verses the have nots have much more to do with education than anything else. And frankly, its going to cost me plenty if they expire but someone has to step up and put their thumb in the dike and put their money where they're mouth is.
    Sep 27, 2010. 09:15 AM | Likes Like |Link to Comment
  • How Alternative Energy Can Arrest Job Loss Momentum [View article]
    Interesting dialogue but it seems to be centered around a few trees and the problems affect an entire forest. A mere thousand oaks among millions of fir trees.

    I've been asked why there's so much discussion about the benefits of green wind and solar while were burning an astronomical amount of coal to generate over 50% of our electricity.

    This is not about apples and oranges rather comparing ounces of cure against tons of problems. If this apparent dilemma was the prime challenge of a business you owned and operated, what would you do? How would you get your hands around it? What would you do?
    Sep 27, 2010. 08:53 AM | Likes Like |Link to Comment
  • x At Last, The EPA Weighs In on Fracking [View article]
    < . . . people in northern Ohio and Pennsylvania that have gas in their water wells that live miles from oil and gas producing wells. . . . when drilling for gas gets close to these people, they start to yell about gas in their water that has been present for years.>

    Just as the fracking process frees trapped gas, the same process also disturbs many other substances similarly trapped for centuries. The flow pattern changes that occur via natural causes are potentially initiated and/or accelerated by ground disturbances whether its from the physical/mechanical drilling/excavating work or injections of water or gas. CO2 injections have been known to cause similar reactions.

    Despite all the potential hysteria, wouldn't sound business practices suggest the necessary "clean-up" be included in the already relatively cheap finding price? Environmental health concerns notwithstanding, as an investor at risk, we should demand no less from the companies we finance.
    Sep 25, 2010. 02:01 PM | 4 Likes Like |Link to Comment
  • Interview: Marc Faber on the Federal Reserve and Hyperinflation [View article]
    With all this gloom and doom, why is the US stock market near an all time high?
    Sep 25, 2010. 01:01 PM | 1 Like Like |Link to Comment
  • Southern Company Looks Undervalued [View article]
    In addition to ta decent yield, D stock price is up about 27% over the last 12 months compared to 10% for the DOW.
    Sep 24, 2010. 12:10 PM | 1 Like Like |Link to Comment
  • How Alternative Energy Can Arrest Job Loss Momentum [View article]
    Unfortunately, the so called "free markets" are large multi-national corporations who decide whether or not to plow millions or billions into a portion of the energy delivery system. The up front costs are enormous and no one is willing to risk their (or stockholders) money without detailed knowledge of projected demand, competition, and tax ramifications.

    As a stock holder in a number of Public Utilities, Oil & Gas companies, NG E&P, and Pipelines, I can assure you they are all hunkered down waiting for your Federal government to do something. Aside from the risk takers within NG shale plays, little "free market" actions are being contemplated let alone activated. Witness both wind and solar. Lots of talk, a few noteworthy projects, but no one is making any money in that space or doing anything to impact the "Energy Crisis"

    This isn't WW1 or WW11 business environment. The global economy has drastically changed what occurs within and by US corporate entities. Like it or not, no appreciable progress will be forthcoming until Washington can get their act together. Regrettably, it's very problematic.
    Sep 23, 2010. 02:17 PM | 1 Like Like |Link to Comment
  • How Alternative Energy Can Arrest Job Loss Momentum [View article]
    You're right but keep in mind most oil imports come from the other America's (Mexico, Canada, and Venezuela not the mid-east). I would suggest, and you may likely agree, the real problem is the lack of a comprehensive Federal energy policy.
    Sep 22, 2010. 10:14 AM | Likes Like |Link to Comment
  • Gold Prices Still Far From Real Record Highs [View article]
    The growing emerging market may well be the driving force propelling Gold to 1500 near term. As developing countries' prosperity rises, its economics beneficiaries will look to gold as opposed to their domestic currencies for safe harbor.
    Sep 22, 2010. 10:07 AM | 7 Likes Like |Link to Comment
  • Israel's Huge Oil and Gas Discovery [View article]
    < I was there in 79 and the hunt for energy was hot and furious. They did seismic tests from coast to coast and into the waters too>

    Guess you haven't kept up with seismic technology. No one found NG in the Marcellus play either, or the deep Gulf waters, or the ocean far from the Brazil coastline. 1979 was a century ago in the technology world.
    Sep 21, 2010. 11:47 AM | 3 Likes Like |Link to Comment
  • 3 Reasons to Like Natural Gas Companies [View article]
    With the price of NG at an all time recent era low, perhaps one should concentrate on the transporters and marketers of NG instead of the E&P's. Regardless of the commodity price, companies in that space get paid regardless. It's like owning the toll road and being paid to collect the usage fee?
    Sep 21, 2010. 11:37 AM | 5 Likes Like |Link to Comment
  • Britain Discovers the Near-Zero Fiscal Multiplier [View article]
    Scott, are you suggesting that stimulus dollars/pounds regardless of where it is focused (spent) behaves in the same manner?
    Sep 20, 2010. 01:12 PM | Likes Like |Link to Comment
  • Seven Countries That Could Crash in Five Years [View article]
    Interesting read. Missing here is China. While inclusion would reference their dismal per capita data, one needs to focus on their core locations exhibiting significant economic might. Combining Beijing, Hong Kong, Shanghai, etc. into a pseudo country for comparative purposes, for example, would likely suggest much of the remaining world is irrelevant.
    Sep 20, 2010. 01:05 PM | Likes Like |Link to Comment
  • Southern Company Looks Undervalued [View article]
    What affect does SO's 50+% coal usage bear upon your analysis/recommendation?
    Sep 20, 2010. 10:04 AM | 1 Like Like |Link to Comment
  • 9 Stocks That Have Raised Dividends for 25 Years or More [View article]
    As the author cautioned in his last paragraph (typically missed by most readers) don't forget to analyze the fundamentals of these companies. Business climates change over time which is why Pitney Bowes being in the snail mail business is highly problematic. McGraw Hill's publishing business may look like the buggy whip sooner than later. While not all, too many on this list cannot be taken without jaundiced eye.
    Sep 19, 2010. 01:37 PM | 4 Likes Like |Link to Comment
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