phil from Edmond's Comments phil from Edmond's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/213395/comments FDIC Blows It on Transparency http://seekingalpha.com/article/179504-fdic-blows-it-on-transparency?source=feed#comment-818679 818679
Ultimate answer is longer term financing against longer term assets. Costs go up for industry and banking profits go down.]]>
Wed, 23 Dec 2009 10:19:52 -0500
Ultimate answer is longer term financing against longer term assets. Costs go up for industry and banking profits go down.]]>
Real Estate Lending: Did Henry George Get It Right? http://seekingalpha.com/article/176526-real-estate-lending-did-henry-george-get-it-right?source=feed#comment-790152 790152 Fri, 04 Dec 2009 09:38:36 -0500 The Government Doesn't Listen to Reason http://seekingalpha.com/article/173335-the-government-doesn-t-listen-to-reason?source=feed#comment-760829 760829
The 3 year prepayment of assessments borders legitimate fraud. It is a legality stretched to justify the accounting the banks want and need. It's a prepayment because FDIC says it's a prepayment. Let's see 3 years down the road what happens. I'm betting another "prepayment". ]]>
Sun, 15 Nov 2009 10:14:43 -0500
The 3 year prepayment of assessments borders legitimate fraud. It is a legality stretched to justify the accounting the banks want and need. It's a prepayment because FDIC says it's a prepayment. Let's see 3 years down the road what happens. I'm betting another "prepayment". ]]>
Wall Street Breakfast: Must-Know News http://seekingalpha.com/article/171788-wall-street-breakfast-must-know-news?source=feed#comment-747839 747839 Fri, 06 Nov 2009 09:32:16 -0500 Buffett's BNI Purchase: Bearish Bet on the Economy? http://seekingalpha.com/article/171477-buffett-s-bni-purchase-bearish-bet-on-the-economy?source=feed#comment-746199 746199 Thu, 05 Nov 2009 09:45:05 -0500 Whistling Past the Depression http://seekingalpha.com/article/171095-whistling-past-the-depression?source=feed#comment-744177 744177
The Fed has tried some novel steps. The FDIC and the GSE's have bankrupted themselves. But like you imply, we aren't really addressing the problems. I'm not even sure we agree on what the underlying problems are that need to be solved. Meanwhile the Treasury borrows unimaginable amounts of money. The bogeyman is real.]]>
Wed, 04 Nov 2009 09:41:41 -0500
The Fed has tried some novel steps. The FDIC and the GSE's have bankrupted themselves. But like you imply, we aren't really addressing the problems. I'm not even sure we agree on what the underlying problems are that need to be solved. Meanwhile the Treasury borrows unimaginable amounts of money. The bogeyman is real.]]>
Why We Must Act Now on Our Economic Structural Problems http://seekingalpha.com/article/168699-why-we-must-act-now-on-our-economic-structural-problems?source=feed#comment-729180 729180
Serious campaign reform, 5(a), and regulated lobbying, 5(b), might occur as a result of taxpayer revolt, town meetings and active interest in legislation ]]>
Sun, 25 Oct 2009 10:57:21 -0400
Serious campaign reform, 5(a), and regulated lobbying, 5(b), might occur as a result of taxpayer revolt, town meetings and active interest in legislation ]]>
First-Time Home Buyer Tax Credit Fraud Called 'Disturbing?' http://seekingalpha.com/article/168481-first-time-home-buyer-tax-credit-fraud-called-disturbing?source=feed#comment-726840 726840 Fri, 23 Oct 2009 09:51:17 -0400 Bond Expert: Thursday Outlook http://seekingalpha.com/article/168120-bond-expert-thursday-outlook?source=feed#comment-725076 725076 Thu, 22 Oct 2009 09:51:11 -0400 The Underlying Size of U.S. Economy http://seekingalpha.com/article/167117-the-underlying-size-of-u-s-economy?source=feed#comment-719311 719311
To address the problem reduce the trade deficit. The "Pickens plan" and "drill baby drill" should be the focus. Instead the administration wants to kneecap the oil and gas industry.]]>
Sun, 18 Oct 2009 10:15:45 -0400
To address the problem reduce the trade deficit. The "Pickens plan" and "drill baby drill" should be the focus. Instead the administration wants to kneecap the oil and gas industry.]]>
U.S Now Land of Two Economies - U.S Bank Titans and the Rest of US http://seekingalpha.com/article/166606-u-s-now-land-of-two-economies-u-s-bank-titans-and-the-rest-of-us?source=feed#comment-716197 716197
"True they have tried (to restore business activity), but their efforts have been cast in the pattern of an out-worn tradition. Faced by a failure of credit they have proposed only the lending of more money. Stripped of the lure of profit by which to induce our people to follow their false leadership, they have resorted to exhortations, pleading tearfully to restore confidence. They know only the rules of a generation of self-seekers. They have no vision, and when there is no vision the people perish." ]]>
Thu, 15 Oct 2009 09:33:48 -0400
"True they have tried (to restore business activity), but their efforts have been cast in the pattern of an out-worn tradition. Faced by a failure of credit they have proposed only the lending of more money. Stripped of the lure of profit by which to induce our people to follow their false leadership, they have resorted to exhortations, pleading tearfully to restore confidence. They know only the rules of a generation of self-seekers. They have no vision, and when there is no vision the people perish." ]]>
The Bank Credit Crunch Spawns Bonds http://seekingalpha.com/article/166370-the-bank-credit-crunch-spawns-bonds?source=feed#comment-714922 714922 Wed, 14 Oct 2009 10:24:31 -0400 Financial Crisis: Remembering What Got Us There Is Critical http://seekingalpha.com/article/162905-financial-crisis-remembering-what-got-us-there-is-critical?source=feed#comment-688194 688194
The Fed was of the opinion that the US was satisfactorily repatriating these dollars. But in actuality the returning dollars were stimulating the irrational housing market.

In Europe, the banks were lending heavily to Eastern European economies.

The Fed and the G20 thought they had a workable system and were successfully transitioning China, India and Eastern Europe into the capitalist system. They were wrong. ]]>
Wed, 23 Sep 2009 18:02:49 -0400
The Fed was of the opinion that the US was satisfactorily repatriating these dollars. But in actuality the returning dollars were stimulating the irrational housing market.

In Europe, the banks were lending heavily to Eastern European economies.

The Fed and the G20 thought they had a workable system and were successfully transitioning China, India and Eastern Europe into the capitalist system. They were wrong. ]]>
Bond Expert: Tuesday Outlook http://seekingalpha.com/article/160396-bond-expert-tuesday-outlook?source=feed#comment-666149 666149 Tue, 08 Sep 2009 09:21:22 -0400 Sub-Debt = Senior Debt? http://seekingalpha.com/article/154942-sub-debt-senior-debt?source=feed#comment-621790 621790
Interesting point you make though. Thanks]]>
Sun, 09 Aug 2009 10:09:50 -0400
Interesting point you make though. Thanks]]>
U.K. Recovery Just a Mirage http://seekingalpha.com/article/154571-u-k-recovery-just-a-mirage?source=feed#comment-620494 620494
Keynes said "in the long run we are all dead". At least he is.]]>
Fri, 07 Aug 2009 18:08:29 -0400
Keynes said "in the long run we are all dead". At least he is.]]>
Commercial Real Estate - Make Up Your Own Mind http://seekingalpha.com/article/153248-commercial-real-estate-make-up-your-own-mind?source=feed#comment-612515 612515 Mon, 03 Aug 2009 08:34:11 -0400 First Read of House Health Care Reform Act (H.R. 3200) http://seekingalpha.com/article/149225-first-read-of-house-health-care-reform-act-h-r-3200?source=feed#comment-591757 591757
The maximum 2 to 1 premium difference between young and old is a significant cost increase to the young with individual coverage or no coverage.]]>
Fri, 17 Jul 2009 09:22:33 -0400
The maximum 2 to 1 premium difference between young and old is a significant cost increase to the young with individual coverage or no coverage.]]>
Who Is Really to Blame for the Deficit? http://seekingalpha.com/article/143200-who-is-really-to-blame-for-the-deficit?source=feed#comment-546972 546972 Mon, 15 Jun 2009 09:24:52 -0400 Fed Balance Sheet Update http://seekingalpha.com/article/141637-fed-balance-sheet-update?source=feed#comment-534760 534760 Sat, 06 Jun 2009 09:54:51 -0400 New Bond Risk Premium: Shared Sacrifice http://seekingalpha.com/article/141296-new-bond-risk-premium-shared-sacrifice?source=feed#comment-531610 531610 Thu, 04 Jun 2009 09:40:29 -0400 Insolvency and Consumer Protection: Do We Need Yet Another Government Agency? http://seekingalpha.com/article/138445-insolvency-and-consumer-protection-do-we-need-yet-another-government-agency?source=feed#comment-510986 510986 Wed, 20 May 2009 08:43:56 -0400 The Fed's Quantitative Easing Goes Forward http://seekingalpha.com/article/138240-the-fed-s-quantitative-easing-goes-forward?source=feed#comment-509414 509414 Tue, 19 May 2009 09:08:29 -0400 This Chart Launched the TARP http://seekingalpha.com/article/137838-this-chart-launched-the-tarp?source=feed#comment-505008 505008 Fri, 15 May 2009 09:10:41 -0400 The Dollar's 20th Century Decline http://seekingalpha.com/article/137051-the-dollar-s-20th-century-decline?source=feed#comment-500191 500191 Tue, 12 May 2009 09:17:18 -0400 Why Is Canadian Housing and Banking Stronger than the U.S.? http://seekingalpha.com/article/136687-why-is-canadian-housing-and-banking-stronger-than-the-u-s?source=feed#comment-497597 497597 Sun, 10 May 2009 10:47:17 -0400 David Merkel's Exceptional Research on AIG http://seekingalpha.com/article/135005-david-merkel-s-exceptional-research-on-aig?source=feed#comment-488589 488589 Mon, 04 May 2009 10:20:20 -0400 Quantitative Easing and the Disappearance of Income http://seekingalpha.com/article/127011-quantitative-easing-and-the-disappearance-of-income?source=feed#comment-434442 434442 Sat, 21 Mar 2009 11:20:20 -0400 Bond Expert Friday Outlook: Some Ominous Action http://seekingalpha.com/article/125894-bond-expert-friday-outlook-some-ominous-action?source=feed#comment-425580 425580 Sat, 14 Mar 2009 11:04:44 -0400 Obama Makes Sense http://seekingalpha.com/article/125917-obama-makes-sense?source=feed#comment-425569 425569 Sat, 14 Mar 2009 10:57:04 -0400