Oh-Boy

Stock Market's Total Return Outperforms Inflation by About 7% a Year

Totally agree. Bonds have outperformed stock throughout my entire working career (1980 to present).


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Paulson Throws Bernanke Under the Bus, Backs Ken Lewis

I hope the comment above is sarcasm.


On Apr 23 02:20 PM toomuchgas wrote:

> I thought fascism was supposed to be good for business. More like
> mass stupidity. The democrats really know how to run businesses.
> They learn it in Congress and academia.

Obamanomics: In beginning to articulate his long-term approach and its ideological underpinnings, the president is putting an early stamp on what promises to be a debate of historic importance. "We cannot rebuild this economy on the same pile of sand."

B.O. is no Christian, any more than Reverend Wright. Christians do not say "God Damn America!" And Christians do not listen to people who say such things, as Obama did.

"The blogosphere was full of Krugman-like criticism of the Geithner plan yesterday," with some complaining it will be a windfall for hedge funds, while others argue it won't attract private capital (hard to reconcile those two). But WaPo's Steven Pearlstein thinks it has a good chance of bringing significant amounts of private capital back into the financial system, and relieving banks of some of their worst assets.

Niner, why does a "naysayer" have to be a "pissed off Republican"? Maybe a naysayer is just pissed off, right?

Also, you say you considered yourself a Republican until 5-6 years ago, when "George W made me reconsider my republican tendencies." Yet the bile in your comment ("slurping and suckin'," and so forth) suggest that it's the left that has long held your loyalties.

Press One for News(paper) Emergency

Young man, the problem with your newspaper business is that nobody wants to buy what you are selling. If the citizenry does not want your printed product, then it should die.

The concept of a subsidized print product has been tried before; the title of the periodical was "Soviet Life." How did that work out?

Geithner's Tax Troubles Give Obama a Chance to Get It Right

So here we have a commentator, who looks back, and with retrospective prescience, explains "why Bush failed" and we have "the current U.S. economic stagnation." And he reduces it to two reasons, no less, expressible in ten words!

The fact that Japan, Europe and the rest of industrialized and semi-industrialized mankind share this "stagnation" seems to have eluded the writer.

Offshoring Is a Dubious Policy When the Question is Oil Drilling

To Brian27: I too have heard the abiotic thesis for the origin of oil. As to those who dismiss it, and eagerly adopt the thesis that coal and oil must have a biological origin (principally transformed plant matter), how can there be any concern with global warming caused by increasing levels of atmospheric carbon dioxide? After all, isn't the burning of hydrocarbons simply returning to the atmosphere the carbon that was previously there?

Offshoring Is a Dubious Policy When the Question is Oil Drilling

Tom, that is correct, nuclear does not emit greenhouse gases. But in the 1970's, the argument was that nuclear did not omit sulfur dioxide, which (we were told) causes deadly acid rain. Yet it still went nowhere, amidst visions of nuclear melt-downs (recall Jane Fonda's starring role in "The China Syndrome").

So again, what has changed?

Offshoring Is a Dubious Policy When the Question is Oil Drilling

It's "Ben Bernanke."

As to the future, electric cars are great, until the batteries run down. After which, they must be charged. How do you plan to do that?

Windmills are great, provided the wind blows just right (not to heavy, and not too light). Generally speaking, it does not. Thus storage of power to match demand must be undertaken if wind were to be relied upon for anything but a small fraction of supply. That is a non-trivial problem,

And nuclear has been a viable solution, and has been advanced as one, since the 1970's. Politically, it has proven impossible (due to Democrats, I might gratuitously mention). Why would things be different now?

What We Can Do To Reverse the Oil Crisis

"Force them to stop shipping."

"immediately ban pension funds from investing in commodities"

"abolish commodity etfs"

Oh brother.

What We Can Do To Reverse the Oil Crisis

"Bush Commodity Tax"?

Huh? Prices, my friend, have gone up and down before the birth of George W. Bush, and will continue to do so after his death. If you think otherwise, I have in my desk drawer some very fine tulip bulbs to sell to you. They are sure to appreciate in value over time.

He is President, not chief controller of all matters financial and economic.

XM / Sirius Under Selling Pressure

I have both Sirius and XM. I will not be renewing Sirius; the music selection (in my view) is not great ("who ever heard of these songs?", my teenage daughter once complained), and I found their customer service poor. While XM is somewhat better, the point about MP3 and I-Pod competition rings true.

So hold on to the stock(s) if you like, but make sure you have a good reason to do so, other than believing it has gone down enough, it's cheap, etc.