halconnoche

Energy Impoverishment: Heading Back to Coal?

George Soros and Warren Buffet just invested a ton of money in coal and coal related industries. You might want to let them know that coal is dead.


On Dec 04 12:49 PM jarco wrote:

> Based upon the number of comments, a provocative article. Bottom
> line, its hard to compare coal or oil to solar. Make no mistake however,
> coal is dead. While it generates the majority of power in the US,
> utilities with the lions share will sooner than later feel the negative
> publicity. When stock prices reflect investor sentiment, coal will
> be under merciless attack.

Swine flu has now officially hit New York's financial sector. (Reuters)

Please stop trying to be funny.


On Apr 28 11:34 AM cyclingscholar wrote:

> Let me know when it hits Anchorage Alaska. Someone up there probably
> put lipstick on a pig, so we can blame Sarah Palin.

Governors to Obama: Take your money and shove it.

"With fewer high school dropouts and more college graduates, South Carolina could build a higher-paid work force and thus generate more revenue for the state, reports the Atlanta-based Southern Education Foundation."

Hasn't it already been proven over and over that more money does not equal fewer dropouts or even better education for that matter. If she thinks that state legislatures can just repeal this later then she hasn't been paying attention. Governments never remove programs, they only get bigger. I applaude these govenors. If you don't stand on your principles then you are no better that an AIG employee or Barney Frank/Chris Dodd.

Outing AIG's Bonus Babies: What's the Point?

Heres a suggestion. Any politician that took a campaign donation from any company that received bailout money should be required to pay that back to the treasury or have their name and address published. Wait. I think that address is 1600 Pennsylavania avenue.

How to Not Pay the AIG Bonuses

Heres a suggestion. Any politician that took a campaign doantion from any company that received bailout money should be required to pay that back to the treasury.

Fannie and Freddie Have Bonus Problems Too

I think the tax on these bonuses ought to include campaign donations from any company that takes bailout money.

Meanwhile Elliot Spitzer says we should forget the bonuses and address the real scandal: "Why are AIG's counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars?"

If ES really wants to get these guys then help the AG behind the scenes. Not enough face time back there I guess. Frank, Dodd, etc now have the perfect diversion. Rail about a few million while the real money is being laundered to their banking friends who then give it back in campaign donations. What a bunch of crooks.

Santelli's Rant: A Watershed Moment?

Red Light is right. Read the NY times article.
query.nytimes.com/gst/...

Rick Santelli Speaks for the Silent Majority

What if the government came over and took your car and gave it to your neighbor because he needed help? Would you be okay with that?
Would you whine or be jealous? Probably not because you would be the one getting someone elses car.


On Feb 20 12:40 PM Elliott wrote:

> Santelli and the "tea party" is all just B.S. We had our tea party
> in November and Obama won -- Santelli represents the vocal minority
> of conservatives who lost the election, and he and they are frustrated.
>
>
> This is all about trying to shift the blame for the economic mess
> from the Republicans -- who created it -- to Obama.
>
> People need to stop being so selfish. If my neighbor gets assistance
> but I don't, do I get jealous? No. Do I whine that it's not fair?
> No. The assistance keeps him from foreclosing, which in turn keeps
> my property value up. He wins, I win. Quit asking, "what's in it
> for me," and start asking, "what can I do to help my country?"

Rick Santelli Speaks for the Silent Majority

The silent majority is busy getting up and going to work everyday, and taking their kids to school, and paying their taxes, and showing up at the voting booth every time its open. They do a tremendous amount of volunteering for churches and other organizations that work behind the scenes and get things done for those that struggle to help themselves.
We are patient and extremely tolerant of the arrogance that is displayed by the bankers, and attorneys, and the fatcats that sit on congressional committees and take the kickbacks, or the media that insults us. But the day is coming.....
on Feb 20 11:26 AM bricki wrote:

> I have a real problem with the concept of 'Silent Majority'. America
> is based on activism and people standing up for their beliefs. If
> you are silent you are not living up to your duty as an American
> citizen. Being passive and apathetic means you are disenfranchising
> yourself.
>
> If the majority is actually silent, and is actually a majority, and
> remains silent, they have no basis for complaint. Being silent is
> simply giving up on your country. The Silent are getting what they
> deserve.
>
> If you really believe in what Santelli is saying then get off your
> butts and do something. Volunteer for a candidate who you believe
> in. Get out and vote. Make contributions to people you want to see
> in office. Write your elected officials.
>
> Don't just sit on your ass and whine.
>
> If you do nothing and remain silent you are just saying 'I don't
> really care'.
>

Geithner's Baptism of Fire

So if I simply state that me not paying my taxes was unintentional, that should get me off the hook. Then if I say that I shouldn't be held accountable for the past (US Automakers) I should be able to get a bailout. Make Geithner a Republican and he would already be out of the running. The media would have already crucified him. Just seems a little ironic that this guy will be in charge of the IRS.

The Bottom's Within Sight - Barron's

DCM-
ON: Sat Apr 12th 09:18 AM
Commented on:
The Fed is Terrified
There is only one solution to our economic dilemma - redistribution of the wealth. It is both absurd and crass that 10% of the population holds 90% of the wealth.
-DCM

As a socialist i'll bet you are enjoying the current state of our economy. How in the world did Fannie Mae ever get to the point where they were loaning money to people that they should never have loaned too? Did anyone try to stop them?

How Risk Aversion Is Evolving

Again, I have no tears for the losses of shareholders. You buy stock, you take risk. If you can't handle the risk, sell. If you hold your stock in a financial institution that failed you either were not paying attention or you thought it would recover. You chose wrong so you suffer the losses.

On WaMu's Birthday, JPMorgan Takes the Cake

Please don't cry for shareholders. If they do their homework then they know the risk they are taking. If they don't do their homework, then they get what they deserve.