LSSJR

While Pundits Play Gotcha, Unemployment Situation Improves

The author of this article works for a trust company who needs their clients to be investing and not sitting in cash to make money. Thus, of course the party line from the investment houses is that everything is getting better so now is a great time to invest. After all, they need their fees. After all, as the current market run up shows, the economy does not need to be good for the market to climb its wall of worry if momentum can be built up. However, after the investment houses collect their fees, if their clients portfolio's get cratered again in another bubble bust up, they will keep their bonuses and inflated salaries and just go to the gov't for another bailout.

Cramer Hammers AIG Founder Hank Greenberg

Cramer is way off the mark. Greenberg put limits on what the Financial Products division people were doing. After then NY AG Elliott Spitzer had Greenberg pushed out, the new execs let them go hog wild . While Greenberg ran AIG, it was probably the best insurance company and one of the best companies in the world. After he was forced out, the new execs got greedy and in two years allowed the one division to lose $500,0000,0000,000. How is that on Greenberg?

Why This Is No Time for Buy and Hold

Whether or not it is a political strategy to socialize are country, the reality is that it is happening. Whether or not it destroys capitalism or just makes it really sick by leaching off of it, the reality is we have two contrary forces at work. Huge amounts of capital on the sidelines vs. an economy that is getting worse because of the big government, inflationary policies of the current administration. I think people should be very hesitant to keep too much money in a stock market that could fall and fall heavily, very fast, if the wheels come completely and people pull out of the market as rising unemployment continues and upside earnings disappear after all the costs that can be cut are.

Cramer's Mad Money - When the Facts Change...(6/25/09)

Translation, when Cramer gets it wrong, it was not his fault, the facts changed. Try that one with a client.

Benefits of Immigration and Migration

what a load of bs

Benefits of Immigration and Migration

what a load of bs

Venture Capitalists Face an Existential Dilemma

Wow, nice to see that someone is happy the VC's are having a tough time. I mean, that is great news as long as you do not want the economy to grow and new companies to be built that do such horrible things as employ people and make money. Where is the good drmalaka from, Cuba or Venezuela?