Jackson Cash's Comments

Don't Believe Long-Term Oil Forecasts

Mon, 09 Nov 2009 13:21:09 -0500

You are cherry picking technologies.

One could place a small nuclear reactor into the size of a grapefruit, capable of running an automobile (or similar sized machine) for 1000 years.

The only thing it would need is water in the tank instead of oil (byproduct is H2O - clean).

What we have is a cornered market on nuclear uses -- WHY!? Because there is money left on the table if corporations (the only entities sizable enough to corner the market) can't sell you more expensive product in the near term.

Wake up fools, there are answers everywhere but not if one doesn't look and expand their technology horizon.

Energy problems have the one common simple solution of social will. Non less than the blubbering corporatists paying for politics against this will. BOOO HOOO!

You sharts keeping the conversation around oil are the problem.

On Nov 09 11:31 AM Kevin_T wrote:

> Only a major technological breakthrough can alter the ever-rising
> importance and price of oil. This is because of a few basic facts.
>
>
> 1.) Everything that moves uses oil. Oil is essentially the only
> mobile fuel. That means cars, trucks, buses, trains, aircraft and
> ships all need it every day. Huge quantities of it. Without it stores
> would be empty, most people could not get to work, factories would
> close because of no raw materials and millions or billions of people
> would quickly face starvation.
>
> 2.) World population continues to grow. For this reason more oil
> will be needed every year even if living standards do not increase.
> We could not feed nearly the number of people on the earth today
> without abundant oil, let alone a population that continues to rise.
> Food production and distribution is highly oil dependent and there
> is no substitute.
>
> 3.) Developing countries need more oil to develop, because development
> means more things have to move. Labor, raw materials, finished products
> and waste products all need more oil as commercial development takes
> place.
>
> 4.) Oil is such an enabler because it contains a large amount of
> chemical energy per unit of volume and weight. It is liquid at normal
> temperatures and can be pumped between containers easily. It is
> easily stored.
>
> So the only thing that can disrupt oil's very necessary role is some
> technology that can enable energy from, say, nuclear or coal power
> to be used as a mobile fuel. For example, a battery that could store
> the energy in a 200 liter tank of diesel fuel in a similar size and
> weight and be recharged as easily as a tank can be refilled.

>
> No current technology comes close. Today's best batteries would
> need over a 10 times increase in energy density and most wear out
> quickly with frequent recharging. Many smart people over the years
> have worked on this problem with only small incremental improvements.
> It is not a problem easily solved.
>
> So, keep your eye on technological developments but in the meantime
> stay invested in oil. Barring a revolutionary disruptive new technology
> the role of oil is safe because it is so necessary.

Have We Reached the End of the Private Sector Economy?

Wed, 04 Nov 2009 10:51:55 -0500

Cmon, you act like lying, cheating and stealing aren't bad things! That's the "NEW NORMAL" -- rewarding failure and all of the above in the name of "greed is good" only.

Even Helen Keller could see and understand that this clearly illustrates a HUGE dislocation in POWER, not money. The few that already have the most, stealing even more while protected leadership (aka those WITH) also helping themselves to more.

Money is the catalyst, soon to be red herring, folks. Open your damn eyes. Ask yourself when you are going to get a bonus, or perhaps even a j-o-b.

Jon Friedman wonders whether Jim Cramer is defiant, or just clueless. "When Cramer writes about the stock market for New York magazine, there is no better or more knowledgeable Wall Street pundit around. He is that good. But when he turns into his Mr. Hyde persona on television, his brilliance gets lost in the noise."

Wed, 03 Jun 2009 12:17:17 -0400

No standards is a good point, but when he is preaching to the sheeple about separating their money (long track record of horrible money losing recommendations) and his industry I draw a different conclusion.

Sometimes protecting people from themselves requires that the plug is pulled on Jim-the-crook.

On Jun 03 12:02 PM Neil459 wrote:

"There are no standards.
Get used to it."

Jon Friedman wonders whether Jim Cramer is defiant, or just clueless. "When Cramer writes about the stock market for New York magazine, there is no better or more knowledgeable Wall Street pundit around. He is that good. But when he turns into his Mr. Hyde persona on television, his brilliance gets lost in the noise."

Wed, 03 Jun 2009 11:48:04 -0400

Jim Cramer is one thing - a crook.

The fact that CNBC and anyone else attributes him is utterly deplorable and such news sources should be ashamed -- now bow to your mafia masters.

Are Hedge Funds Missing the Rally?

Wed, 03 Jun 2009 11:16:04 -0400

Bingo White Shield.

There is nothing left to trade that isn't a scam to fleece the taxpayer.

The hedgies' are doing what they should be doing -- building massive short positions in equity markets (why else doe one note the aforementioned PPT computer trading of GS) and long commodities.

Don't agree? Watch what happens the next three months.

As Google (GOOG) pushes its Android mobile phone operating system onto computers, Microsoft (MSFT) is trying to extend its operating system to the rapidly growing set of consumer gadgets that includes media players, navigation systems, digital picture frames and digital TVs.

Wed, 03 Jun 2009 11:10:00 -0400

Microsoft couldn't sell ice to coca cola. Short the hell out of that stock if you know what's good for you and your portfolio.

Oracle (ORCL) CEO Larry Ellison says he won't sell off Sun Microsystem's (JAVA) hardware business, putting an end to speculation that he only wanted Sun for its software units.

Fri, 08 May 2009 10:06:30 -0400

Of course he won't.

Sun's hardware is enterprise world class from acquisitions like StorageTek.

SPARC? Go back to the 90's. ;)

A five-story office building on South Church Street in the Caymans serves as the official address for 18,857 corporations, about half of them U.S. firms.

Tue, 05 May 2009 13:47:29 -0400

If a US citizen cannot list an address in the Caymans on their 1040 for "commercial considerations," then why the hell would a corporation be able to??

So, I'm bailing out the organizations that don't even show up to pay their share?? Yet they are responsible for wrecking our democracy??

Time for trust-busting. Business is WAAAAY too big.

BREAK THEM UP AND MAKE THEM PAY RETROACTIVELY FOR THEFT!

Rick Wagoner Can't Get No Respect - Or, Great Moments in Copyediting History

Wed, 01 Apr 2009 13:18:13 -0400

This is a sign of the times and precisely why I don't read bullshit commentary from uninformed, idiots.

The media is a train wreck...

I wonder if this was outsourced to either a Jr. High student, or out of the country (too).

Geithner's bank detox plan will fail, Nassim Taleb says. "I want an overhaul... this is not it." Author of The Black Swan: The Impact of the Highly Improbable says he's sick of subsidizing corporate failure: "Taxpayers take the downside and Wall Street as usual is going to take the upside..."

Wed, 01 Apr 2009 13:13:37 -0400

We're simply rewarding bad behavior at the expense of those who didn't and continue to make prudent and wise choices.

We're socializing our democracy, turning our back on individual freedom and corporate accountability.

All that have done well are being sacrificed, along with their children, and grandchildren... arguably the rest of the world.

Organized crime is rampant, deliberate, and inconsequential to those orchestrating this catastrophe.

Paul Krugman on America the Tarnished: "The financial crisis has had many costs. And one of those costs is the damage to America’s reputation, an asset we’ve lost just when we, and the world, need it most."

Mon, 30 Mar 2009 17:51:52 -0400

Krugman is arrogant and blind. The rest of the world never gave us any credibility to begin with, and nor did I.

9/11 proved that many weren't happy with the policies of the United States on the world stage, not something "new", and yet we still believe that it's Al-Qaeda which in English REALLY means Goldman Sachs!

Mission Accomplished.

"Evidence abounds that boards of directors at some systemically important financial firms in the U.S. were rendered as a 'gentlemen's club,'" PBoC writes in yet another diatribe. Qu Hongbin, HSBC's chief economist for China, says Beijing's moves are a precursor for what it plans to say at next week's G20 meeting.

Fri, 27 Mar 2009 11:14:56 -0400

It's a sad day when it takes a Communist nation to point out the obvious looting and thieving which took/is taking place in broad daylight in the US.

They are going to punch us in the face and we utterly deserve it!

FDIC Chairman Sheila Bair says she's open to letting banks see some of the profits if they dump problem loans that ultimately recover some value. Bankers worry that unloading toxic loans at bargain prices to clean up their books will bring immediate pain - while transferring the prospect of any future recovery to the buyers.

Fri, 27 Mar 2009 11:11:04 -0400

Translation: Privatize the profits and give ol-johnny taxpayer the problem and the losses. How many wrongs do these people think it takes to make a right!?

Thanks for nothing you stupid bi*ch, and to think taxpayers pay YOUR salary too! -- YOU'RE FIRED.

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?"

Tue, 17 Mar 2009 22:56:00 -0400

This answer is so obvious -- because the US public, so-called leadership, Congress, and everyone else is nothing but suckers...

Say it out loud now, "I am a sucker."

AIG's Blackmail Note

Mon, 16 Mar 2009 17:11:39 -0400

Get rid of AIG, crash and burn baby.

Let the banks go #uck themselves, as for the little guy, he'll be okay, always has.

I encourage every single consumer to withdraw their money from banks, and do not spend a dime.

How to Not Pay the AIG Bonuses

Mon, 16 Mar 2009 17:04:56 -0400

This whole conversation is bull$hit. They ran their company and arguably many others into the ground. You don't get your bonus!

How many millions of people aren't getting their bonus because business is down, not because they scammed the world's financial stage??

AIG ROT IN HELL.

AIG (AIG), due to recklessness and greed, finds itself in need of bailout money, President Obama says, which makes it difficult to understand how its derivative traders - responsible for many of its losses - deserve any bonus, much less $165M. "I have asked Treasury Secretary Geithner to pursue every legal avenue to get that money back and make American taxpayers whole." (previously)

Mon, 16 Mar 2009 13:06:12 -0400

Take away everything -- EVERYTHING.

Contracts?! I thought the treasury and Fed had the "do anything they wanted" approval from Congress.

Notably, this amounts to a little over $415,000 PER EMPLOYEE THAT RECEIVED A BONUS.

Burn in hell AIG.

Cisco's (CSCO) foray into blade servers (sneak peek) - a direct attack on Hewlett-Packard (HPQ) - happens today. It's a risky move, observers say, and one that highlights the growing competitiveness of once-cooperative tech giants.

Mon, 16 Mar 2009 13:03:11 -0400

Cisco = Just like EMC, dont know whether to $hit or wind their watch.

Expect this to be none-other than a waste of money.

AIG Rewards Failure: How Could the Brightest Be So Blind?

Mon, 16 Mar 2009 11:28:18 -0400

Yep we own 80% of AIG, but 0% of the black hand behind it.

Mafia 101 - when it smell like shit, and there's a lump under the rug no one wants to talk about - follow the money.

Roubini: "Dear investors, do enjoy this dead cat bounce and bear market sucker’s rally..." but, "don’t wait too long until you jump ship while the financial Titanic hits the next financial iceberg; you may get squeezed and crushed in the rush to the lifeboats."

Mon, 16 Mar 2009 11:25:09 -0400

Amen.

Bulls and Bears make money, but pigs get slaughtered.

See ya back at the "old bottom" in April when earnings come out.

Any jobs created yet?

Are we there yet? "When we do hit the bottom - this year or years from now - how will we know?"

Sun, 15 Mar 2009 23:35:54 -0400

It is my position that the so called "bottom" (if there even is one) will be centric around employment.

The Federal Reserve has the mandate to minimize unemployment, and doing so has been notably absent from the entire recovery conversation concerning the FRB (however easy rhetoric for politicians).

How is it only the elite banks, under the "financial instability" umbrella are receiving any attention whatsoever from the FRB?

Jobless masses cause problems by the masses. Let's get people to work on Main Street, not K Street or Wall Street.

Bank of America: A Risky Bet That May Be Worth It - Barron's

Sun, 08 Mar 2009 20:07:51 -0400

Ebschor: "A temporary freeze to M2M accounting will double B of A stock in a day. "

Are you crazy? Your examples of "investments" aren't even investments, they are speculative plays for day traders.

M2M accounting is the only thing giving REAL investors any confidence - suspend that and confidence goes even further.

Just because you think you can sweep your $hit under the rug doesn't mean it goes away.

Mark these words BoA is a TERRIBLE play folks, zero transparency and all lies. Why else would the taxpayer be propping them up.

Anyone going long on BoA for long term will be utterly slaughtered.

At 8.1%, unemployment has already reached the average rate the White House projected for the whole year. With 4.4M jobs already vanished, will Obama's stimulus target of creating 3.5M jobs do the trick?

Sun, 08 Mar 2009 12:40:13 -0400

Unemployment? That's not something the rich have to contend with, so it matters little -- hence targets fabricated as well as the promises.

All one has to do is follow the money -- right into the banks and wealthy.

Let's try accountability -- none, zero, null.

Well how about transparency -- zip, zilch, nata.

Only a fool would believe jobs are on the menu of government. It's ALL about preserving the rich at the expense of those without.

Welcome to the largest bank heist in mankind and still the masses are utterly clueless calling bottoms.

The Bubble of Uncertainty Is About to Burst

Sat, 07 Mar 2009 21:14:13 -0500

"This new bubble, which I call the ‘uncertainty bubble’ is different because its price action is negative, however, the bubble-like characteristics are the same as the previous bubbles in tech, housing, and oil."

Let's see, tech bubble - fraud, housing bubble - fraud, and oil - all fraud.

You are correct, we are nothing but fraud on borrowed time.

Fraud, fraud, fraud, and more fraud....

AIG Needs Transparency, Now

Sat, 07 Mar 2009 21:07:51 -0500

Here you go:

online.wsj.com/article...

Yep, foreign banks. Wealth to the wealthy - duh.

Money managers and analysts who have studied past bear markets say they have yet to see the signals of a true market bottom.

Fri, 20 Feb 2009 15:56:50 -0500

You are all wrong. Those who pick bottoms have stinky fingers.

For those that think their fortune telling and prophetic skills are developed, many have a lot to learn.

Overall, markets are an utter abyss. At least in Vegas the drinks are free.

That reminds me, time to buy Citi.

Please, GM, Don't Slit Your Own Throat

Fri, 20 Feb 2009 15:51:28 -0500

I think many on this article fail to see the obvious. Saturn has a no-brain distribution system already in place.

Overseas interests wouldn't have to invent the wheel at all. They wouldn't have to perform market studies, etc.

It's much like buying a business that isn't yours, you don't have to "learn as you go."

Does anyone think that the US will continue to be sympathetic to GM (Saturn) being "American Steel" if it's some cheap Indian or Chinese knock off? The only reason GM hasn't gone the way of the dodo is because it is a once-solid American made pinnacle. It may not be solid anymore but it is still a pinnacle of which many continue to pay credence.

Obama's Housing Plan: Elegant and Costly

Wed, 18 Feb 2009 17:18:03 -0500

Welcome to the bandwagon Felix.

House speculators, flippers, and those that moved into McMansions just got rewarded whilst those that were responsible and refrained from fiscal debauchery get slaughtered!!

Mission Accomplished.

Congress Needs a Course in Remedial Finance

Tue, 10 Feb 2009 20:08:39 -0500

I'm frustrated too Paul. Let me put it how the fine Senator Enzi from Wyoming put it on the radio (paraphrased):

"This is bailout baloney. The federal credit card in the sky is maxed out, and now Congress wants to apply for another card - with higher limits!"

Even the sub-prime borrowers can understand his explanation.

I'm pleased to announce that both Wyoming senators have voted consistently against all bailouts.

Geithner's Vague Plan

Tue, 10 Feb 2009 19:59:48 -0500

Let's cut to the chase. If anything at all is to happen it is to open up the Tier 3 (level III) assets banks have under the rugs.

No disclosure, no transparency (no matter how much other arbitrary garbage they quantify), no trust, no recovery.

With hundreds of trillions of dollars in turd sandwiches hidden from view its time to take the conversation away from banks!!