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Jackson Cash

Jackson Cash
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  • Geithner's Vague Plan [View article]
    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!!
    Feb 10, 2009. 07:59 PM | 1 Like Like |Link to Comment
  • Water: The New Oil [View article]
    After reading the first quotation, all the author's credibility went out the window!

    Here are a couple more:

    "One has to create the itch to sell the scratch."

    Lastly the following is a fill in the blank:

    "A _____ is born every minute."

    Feb 2, 2009. 12:52 PM | 2 Likes Like |Link to Comment
  • There's no reasoning with a market that is panicking one moment and bargain-hunting the next. "I did my research and bought the shares. A week later they had halved."  [View news story]
    Let me summarize the market for anyone else whom thinks there are bargains out there.


    If anyone considers going long for the long term, please give your investment to me and I'll only take 25% and return the remainder to you with a complimentary kick you in the ass!

    Today's Wall Street is nothing but a "traders" forum - if you think otherwise you are simply incorrect.

    Have a solid predefined [daily] exit strategy before you put any mula on the table.
    Feb 2, 2009. 11:27 AM | 1 Like Like |Link to Comment
  • Reinventing FOMC Commentary [View article]
    I'm with Harry.

    Bernanke and Co have zero credibility.

    They need to be replaced along with the Fed. Let's have a new finance committee rather than the invisible hand trying to prop up bullsh!t inflated prices (with the notable exception of paychecks and increasing unemployment).
    Jan 28, 2009. 01:04 PM | 2 Likes Like |Link to Comment
  • The WSJ Rewrites History [View article]
    Bingo. You have just hit the nail on the head when it comes to credible online content.

    Where is trust when content is utterly fallible? There isn't any.

    How does one source information that changes? You don't.

    WSJ online is a joke. Why bother.

    Thanks Felix.
    Jan 26, 2009. 04:33 PM | 1 Like Like |Link to Comment
  • The Scariest Chart Ever [View article]
    Thanks Tiberious, that's what I thought!!

    How many future generation's of wealth has been drug out on the chopping block and at risk??

    I know that question is utter speculation, however I think we are many more than the silly 2 or 3 (gen x's, y's, and z's) that is tossed around...

    I don't see the US able to pay any of this off, and those that created this mess will be long gone when the you know what hits the fan...

    Wow, that is just terrible, what let-down today's leadership is mortgaging 100 years of the future today!

    On Jan 23 07:58 PM Tiberius wrote:

    > Jackson Cash: in answer to your question, just look at the numbers
    > on the Y axis (left side). They are kind of hard to read, but you
    > can read them still. The top chart shows a peak at 8 billion dollars
    > or so.
    > The bottom graph extends the X axis (timeline) by a year. The Y axis
    > changes scale and you can see it now peaks at around 700 billion
    > dollars. That's why the rest of that chart looks virtually flat now.
    > The highest previous peak was only about 1% of the current peak.

    > On Jan 21 01:50 AM Jackson Cash wrote:
    Jan 26, 2009. 10:48 AM | 1 Like Like |Link to Comment
  • U.S. Mint Actions Discourage Gold Ownership [View article]
    The U.S. steals it from the common man (not the rich, whom have it overseas) of course!

    They've done it once before and will do it again. We're simply waiting for a stroke of a pen!

    On Jan 23 05:07 AM paultaut wrote:

    > Where does the Mint get its Gold?
    > Do you know?
    Jan 26, 2009. 10:40 AM | Likes Like |Link to Comment
  • The Political Strategy for Bank Recapitalization Emerges [View article]
    1. Banks that are bankrupt must fail.

    2. Anyone that thinks contrary to premise one please jump off a building or bridge. Even Ray Charles could see that Congress gave away a future generation's wealth to incompetent self-preservationist elite. The fact that it was mis-spent was utterly no surprise.

    Bush: "Mission Accomplished!"

    Jan 26, 2009. 10:36 AM | 5 Likes Like |Link to Comment
  • The Scariest Chart Ever [View article]
    I apologize in advance, but I agree with a previous poster about seeing the numbers:

    Does the comparison in the charts reflect that in fig. 2 all of the data from fig. 1 is insignificant (flat line)??!

    Thumbs up for yes, thumbs down for no.

    Sorry to be a pain!
    Jan 21, 2009. 01:50 AM | 37 Likes Like |Link to Comment
  • Whitehouse's new Office of Management and Budget website gets a "very smart looking" facelift - that makes its more difficult than ever to find any piece of information that anyone outside the OMB might want to lay their hands on.  [View news story]
    I think it's called "tier III" web design.

    I'm pretty sure they are borrowing the schema from bank's off-balance sheets.
    Jan 21, 2009. 01:23 AM | Likes Like |Link to Comment
  • The Bull Run Begins This Week [View article]
    For the Good News Economist:

    The only indicator that matters now is employment. No jobs, no recovery, no bull.

    Get used to it, your "Obama Factor" (which is the only real reason you wrote that piece) will be irresponsibly short lived.
    Jan 19, 2009. 09:27 AM | 10 Likes Like |Link to Comment
  • Since the crisis began, Bank of America (BAC) CEO Ken Lewis has misjudged the depth, breadth and severity of the storm that has crushed the global financial system, while taxpayers are left cleaning up his mess. Now he has to go.  [View news story]
    I wouldn't count the run on banks out. People only have to realize the vaults are completely empty.

    Jan 16, 2009. 03:45 PM | Likes Like |Link to Comment
  • BofA Following Citigroup to $5 or Lower [View article]
    "Questions surrounding the integrity of Bank of America’s disclosure are now casting a dark shadow over the banking sector."

    Are you serious?! Did even one person on the planet think these guys were honest, or had turned over a new leaf?!

    Sorry Charlie, even Ray Charles could see these banks are robbing American's blind. Largest heist in history.

    I think they finally opened the book of the tier III assets!
    Jan 16, 2009. 03:42 PM | 2 Likes Like |Link to Comment
  • What I Would Do [View article]
    You have my vote, now run for office!
    Jan 15, 2009. 01:32 PM | 2 Likes Like |Link to Comment
  • Nationalize Citigroup and Bank of America [View article]
    Nationalize nothing - let them fail.

    For the love of God, quit paying these banks and the problem will go away!
    Jan 15, 2009. 01:30 PM | 10 Likes Like |Link to Comment