Real Cause of This Financial Crisis? Global Hunger for Savings Instruments [View article]
A naïve and overly simplistic “expanation” that excludes any mention of the systemic fraud and corruption of 2B2F banks like BA and CS that this guy worked for.
The Coming Consequences of Banking Fraud [View article]
It's said that the children pay for the sins of their fathers. Well, I don't mind paying for my own father's little sins. It's paying for the sins of JP Morgan, Woodrow Wilson, FDR etc. that I have a big problem with.
Wall Street Breakfast: Must-Know News [View article]
Where are my watchlist articles on Seeking Alpha? This new "microblogging" format sucks! I had a watchlist but now I'm a follower? I don't think so. And why do I have to send an email to the developers? Why can't I just comment on their lame changes. Keep it simple...
The Main Street - Wall Street Bout, Round Two [View article]
This reminds me of the old argument that slavery could not be abolished because the slaves were too stupid to take care of themselves. The Brits used the same argument to deny the independence of the colonies.
ARS Buybacks: Wachovia Follows the Herd [View article]
Wachovia is going to get 9 billion dollars from stock dilution for a stock that doesn't even list a P/E ratio? Who would buy it? Bernanke? Paulson? The Chinese? Without ARS, CDOs, or MBS, what is the business model that is going to get WB out of this hole?
Yes, strange and wonderful! The diversity of opinion presented at S.A. has helped me sort out the lies and propaganda pump machines of WSJ, Bloomberg, MSN... S.A. provides a critical balance of opinion essential for long or short term trading and I think the establishment press will need to move to a similar balanced approach to regain their credibility. Are we talking about a free market here, or some government sponsored Ponzi scheme?
As Merrill Reports, Short Squeeze in Financials Continues [View article]
“Financials today offer spectacular values to long term investors”
Unless we admit that we may be in the midst of a historic collapse. Debt, politics, war, greed, and corruption have combined like no other time in U.S. history. In addition, the fiat dollar is approaching it’s inevitable collapse. This is not just a matter of tweeking market psychology. Stark reality has caused the entire “Long” paradigm to evaporate.
“The problem with Citi, I think, is not that it's too big to fail, but rather that it's too big to rescue.”
Exactly. How do you rescue a whale that is too weak to swim? Seems that all these debt pirates have lost their business model. Time for the Fed to remove them from life support and let nature take it’s course…
Real Cause of This Financial Crisis? Global Hunger for Savings Instruments [View article]
The Coming Consequences of Banking Fraud [View article]
Wall Street Breakfast: Must-Know News [View article]
Wachovia Deal: A Home Run for Citi [View article]
The Main Street - Wall Street Bout, Round Two [View article]
ARS Buybacks: Wachovia Follows the Herd [View article]
25 Ways to Tell a Banking System Is Unsound [View article]
Earnings Season: Fundamentally Flawed [View article]
Yes, strange and wonderful! The diversity of opinion presented at S.A. has helped me sort out the lies and propaganda pump machines of WSJ, Bloomberg, MSN...
S.A. provides a critical balance of opinion essential for long or short term trading and I think the establishment press will need to move to a similar balanced approach to regain their credibility. Are we talking about a free market here, or some government sponsored Ponzi scheme?
As Merrill Reports, Short Squeeze in Financials Continues [View article]
Unless we admit that we may be in the midst of a historic collapse. Debt, politics, war, greed, and corruption have combined like no other time in U.S. history. In addition, the fiat dollar is approaching it’s inevitable collapse. This is not just a matter of tweeking market psychology. Stark reality has caused the entire “Long” paradigm to evaporate.
The Citi Plunge Continues [View article]
Exactly. How do you rescue a whale that is too weak to swim? Seems that all these debt pirates have lost their business model. Time for the Fed to remove them from life support and let nature take it’s course…