Today in Commodities: Will PPI and CPI Tell the Truth About Inflation? [View article]
Your betting on a dollar correction, I'd give you a short term rally maybe.. Long term, without a change in US monitary policy, I'm betting on a dollar collapse. We've seen this movie before.
Why I Believe Ford May Be a Hold, But Not a Buy [View article]
Since Ford has a quality management team in place and quality products to sell, the largest obstacle performance is their competition with "Government motors." Similar to what we are expecting from government run health care, GM won't have to show a profit and will presumably have the Obama credit card to finance any and all projects.
Ford's long term prospects when competing with a competitor with unlimited cash can only end in disaster. Ford's only hope is that the car buying public is so offended by a Government owned car company that boycott their products and suffocate the company.
Who knows what gestapo tactics the Chicago mafia will take at that point? Have a nice day.
I live in West Texas where the temperatures are extreme (101 right now).. We have a 2600' main house and a 600' bunk house. If I could save $2500 dollars a year, my total year's electricity would cost less ~ $200/ Somehow I have a feeling that amount of savings would never happen.
Maybe in the next 60 years or so, smart grids will make some sense. In the mean time, let's go Nuclear and keep our power sources local. We won't need no stinking grid!
I believe the unemployment numbers are over stated because there are 70,000/ month baby boomers that are retiring early and some how wind up in these statistics. "Boomer" retirements are up over 100%, year over year.. That said it would be interesting to find out what percentage of the "statistically unemployed" are previously retired baby boomers.
Republicans: Stop Holding the Bailout Hostage to Political Agendas [View article]
Rep. Paul Kanjorski was on CNBC this morning and admitted that the House Repubs were left out of the discussions. Kanjorski went on to say that the calls to lawmakers are running 50/50. That's 50% no and 50% HELL NO!!!!
It sounds like the Dems are going to own this mess all by their lonesome if they push it through without the Repubs. Politically, that ain't smart.
The Pelosi Factor - Cramer's Mad Money (8/25/08) [View article]
It looks to me like Cramer can no longer be trusted as he is in tank for for the Democrats... Everytime Jim goes political, it's so shallow and superficial, I doubt that he fools anyone?
Jim apparently sees no conflict of interest with speaker Pelosi holding up all voting on drilling projects while at the same time investing her money in competing products.
Lies, Damn Lies and the Unemployment Rate [View article]
Trader Mark, A couple of things.. Why are you reading CNN, they are amoung the most un-reliable sources for information on the planet.
Regarding the revised rules for qualifying as being un-employeed, yeah Clinton did it in the 90's but it started with Jimmy Carter in the 1970s.
As for contract vs full time employment, I think you'll see more of that as baby boomers retire and seek to suppliment their retirement income. fwiw, I am planning the same part-time gig myself as I am being forced to work just to pay my $30K/ yr. tax bills.
Quote: " Add to that the large number of megaprojects that will be coming on line and I'm pretty optimistic about oil prices (though I confess I've been wrong on this subject in the past)."
Depending on one's point of view, you could take that "optimistic" statement two ways. I what exactly is meant by that?
While we might agree on what will happen, your reasoning as to why it will happen completely misses the mark. I would say that inflation is culprit and that our congress manufactured this problem by mandating that we use food (corn) as fuel to power our cars. Thus, the E85 industry has removed corn from the market and caused farmers to use acreage that could be used to grow other food crops to grow more corn. If you study the economic feedback mechanisms regarding energy and corn you will how we are creating the perfect storm.
Hence, people are paying more for fuel and food causing them to have less money left over to pay credit card bills and also buy real estate. The economy is all connected if you will but follow the threads.
FWIW, I see a correction in the real estate market as painful, but a good thing in the long run. The prices had just gotten way beyond what was reasonable in some markets.
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Latest | Highest ratedToday in Commodities: Will PPI and CPI Tell the Truth About Inflation? [View article]
Why I Believe Ford May Be a Hold, But Not a Buy [View article]
Ford's long term prospects when competing with a competitor with unlimited cash can only end in disaster. Ford's only hope is that the car buying public is so offended by a Government owned car company that boycott their products and suffocate the company.
Who knows what gestapo tactics the Chicago mafia will take at that point? Have a nice day.
Six Myths About Smart Grid [View article]
Maybe in the next 60 years or so, smart grids will make some sense. In the mean time, let's go Nuclear and keep our power sources local. We won't need no stinking grid!
The Real Unemployment Numbers [View article]
Republicans: Stop Holding the Bailout Hostage to Political Agendas [View article]
It sounds like the Dems are going to own this mess all by their lonesome if they push it through without the Repubs. Politically, that ain't smart.
The Pelosi Factor - Cramer's Mad Money (8/25/08) [View article]
Jim apparently sees no conflict of interest with speaker Pelosi holding up all voting on drilling projects while at the same time investing her money in competing products.
Pelosi should be impeached!
How To Solve the Housing Crisis Tomorrow [View article]
Appalled here!
Money for Nothing: Just Buy S&P 500 Puts [View article]
Lies, Damn Lies and the Unemployment Rate [View article]
Regarding the revised rules for qualifying as being un-employeed, yeah Clinton did it in the 90's but it started with Jimmy Carter in the 1970s.
As for contract vs full time employment, I think you'll see more of that as baby boomers retire and seek to suppliment their retirement income. fwiw, I am planning the same part-time gig myself as I am being forced to work just to pay my $30K/ yr. tax bills.
Oil Consumption Growth Slow [View article]
Depending on one's point of view, you could take that "optimistic" statement two ways. I what exactly is meant by that?
Why Stocks Will Struggle in 2008 [View article]
Hence, people are paying more for fuel and food causing them to have less money left over to pay credit card bills and also buy real estate. The economy is all connected if you will but follow the threads.
FWIW, I see a correction in the real estate market as painful, but a good thing in the long run. The prices had just gotten way beyond what was reasonable in some markets.