commoinsense1211

Analyzing the U.S.'s Four Largest Banks

barring another real estate buble or clean energy buble do you really think these banks will ever be "over-reserved" ?


On Nov 09 10:20 AM Tack wrote:

> The $136B in reserves is a huge wildcard in the equation. Contrary
> to making it difficult to make profits, the reserves, themselves,
> represent the greatest source of potential future earnings.
>
> Assuming the economy continues to improve, at some point it will
> become apparent that the companies are over-reserved, and when that
> happens, reserve reversals will have a far greater impact on earnings
> than other invested capital. This is because when reserves are released,
> the capital, itself, passes back through the income statement in
> addition to being freed up for other more risk-based investments.
>
>
> So, the reserves, themselves, represent potential pure profit, and
> not just an increase in available capital.

Keep an Open Mind About the Unemployment Number

your comparisons to 1983 are bogus and misleading. The early 1980's were the beginning of the deficit and credit bubles. there were no alt a mortgages about to be reset, we had a manufacturing base and productivity gains from tecnology were just starting to unfold. comparing then and now is either irresponsible or ignorant take you pick

The Greatest Depression Is Coming

ar eyou kidding, other than health care what exactly is it that obama is doing that is anyway marxist? he hasnt raised taxes and he's supporting large corporations, especially banks. get off the pipe.


On Oct 17 10:22 AM The Geoffster wrote:

> I am not a conspiracy theorist but I do believe Obama is a Marxist.
> He does not have the dictatorial power to implement the change he
> believes is necessary to redistribute wealth and equalize outcomes
> but he will use the existing levers of power to incrementalize his
> goals by fostering socialized medicine and punitive tax policies
> on the nation. When voters are worried about their jobs and income,
> they will set aside their liberty for comfort, especially when they
> think someone else is paying for it.

Jobs Still Disappearing, But Confidence Is Returning

I dont think the stimulus was well spent/allocated. but the argument that decreasing marginal rates would have increased jobs in the us is equaly false. marginal rates without any real demand would have just been more money in the pockets of the rich. trickle down economics is just a euphemism for the rich peeing on the heads of the rest.

Charlie Gasparino: Another Crash 'Has to Happen Again'

not a republican congress? which side of the aisle was phil gramm?


On Nov 06 08:25 AM gebby wrote:

> sorry but i dont see gasparino as a credible reporter. he never
> fails to knock much needed regulation and robert rubin. he has a
> market fundamentalist republican philosophy. and it is this philosophy
> which is the starting point for all the financial troubles. remember
> the sacings and loan bailout under reagan? and then under gwbush?
> come on. knocking regulations that were designed to protect the
> banking system from abuses and then rubin associated with the highest
> reaches of the democratic party. also i am sure fnm and fre and
> bill clinton, not a republican congress.

The Fed: Sending Investors to the Slaughter?

so when all of the credit card holders default because BOA and CITI and Chase raise their rates to 30 and 40 %. Will you defend the government bailing out the banks because of their greed and shortsigthedness?


On Nov 06 12:33 PM socrateaz wrote:

> Do you understand that socialists are basically me people? They
> want to have what others have without puting out the effort to get
> it. They call people who acheive to get ahead greedy while they
> want others to supply their wants with little effort. They hide
> behind fairness as a goal. But when you look at socialist leaders.
> You will see them support some to a greater degree than others.
> For Socialists to exist they need to blame hardships on unfairness
> of others. When enough become true socialist a true failed economy
> will emerge. All expecting the other to support them. Courts often
> push socialism because they really believe fairness is in equality.
> And equality is in redistribution because those who are 20% responsible
> and have the funds should be held 500% responsible for what happens
> to those 80% responsible but with no funds. Court logic! Socialism
> is making others responsible for the bad things that happen to me
> while taking credit for anything that appears to be my success!
> Just need to understand the logic to understand the actions taken

The Fed: Sending Investors to the Slaughter?

so please explain to me how you defend the socialism of large corporations. why are GS, AIG, CITI, BOA being bailed out? isnt this socialism? when do corporations take responsibility for their actions?


On Nov 06 12:33 PM socrateaz wrote:

> Do you understand that socialists are basically me people? They
> want to have what others have without puting out the effort to get
> it. They call people who acheive to get ahead greedy while they
> want others to supply their wants with little effort. They hide
> behind fairness as a goal. But when you look at socialist leaders.
> You will see them support some to a greater degree than others.
> For Socialists to exist they need to blame hardships on unfairness
> of others. When enough become true socialist a true failed economy
> will emerge. All expecting the other to support them. Courts often
> push socialism because they really believe fairness is in equality.
> And equality is in redistribution because those who are 20% responsible
> and have the funds should be held 500% responsible for what happens
> to those 80% responsible but with no funds. Court logic! Socialism
> is making others responsible for the bad things that happen to me
> while taking credit for anything that appears to be my success!
> Just need to understand the logic to understand the actions taken

Property Values Set to Fall 43% from Current Depressed Levels

that's canada, land of natural resources, responisble consumers etc...


On Nov 03 09:02 AM george archers wrote:

> In toronto Canada, House prices are in the multi bidding wars. Asking
> price $400K sold for $449k.
> In canad,the housing market is booming on the backs of saver$
> Interest rates are at 1.5% floating. Why would someone rent. Personnal
> savings bank-.04% (Fed income tax--50% on interest)
> I can't understand Americans--Prices of homes will sky rocket--Banks
> are holding onto their prime foreclosed homes---waiting for the
> AFIraq invasions to end---Money changers will make a killing :^/

Is Too Big to Fail Now Too Big to Exist?

amen brother...

Cramer Does It Again with CIT Call

you will be eating those "housing stabilization call" words soon enough. housing will be down another 15-30% and you can add that to the number of bogus calls made by cramer

On Nov 02 09:57 AM DonFurio wrote:

> An investor should rely on Cramer's opinion as one part of the investment
> process, but clearly not listen to every word he says. I'm curious
> if you actually read the whole article, I did not, but I can't imagine
> anyone would be buying CIT within the past month if they didn't believe
> it was a big speculative play. I give Cramer credit for calling
> a year in advance that housing stabilization would occur in the summer
> of 2009.

George Soros: The Guru Outlook

I'm not sure if you can provide data to support that and how would you weight sarah palin?


On Oct 29 12:49 PM MayoW wrote:

> I agree that Soros is a very smart man, I disagree with the rash
> generalization that Liberals are smarter than Conservatives.
> Show me statistics and tell me in which favor are the results skewed,
> I would also like the sample size, or population size and the standard
> deviation and variance of both, or perhaps the use of a bi-cumulative
> distribution on intelligence? I would hope one would not try to convince
> someone by using a hyper-geometric statistic, where results are almost
> always varied due to small sample size.

George Soros: The Guru Outlook

your comments are right on the mark, most of the tarp, stimulous funding needs to go to developing new industries. shouvel ready only gets you so far


On Oct 29 09:11 AM kagame wrote:

> US needs startling new technological innovation to recover its economic
> dominance. Just think what we could have accomplished if any substantial
> part of that bailout and TARP stimulus was put into real industries
> that could produce actual products and create industrial jobs and
> supporting service jobs. We need more research and development!
> Think how bad the future will be for the US if we truly lose our
> innovative edge along with everything else.

How Hard Is It to Transfer Credit Card Debt?

all of the cc companies are raising rates on those who obvviously are having a hard time paying just the minimum, in the end they will create more defaults and we'll (The taxpayer) end up bailing out all these irresponsible banks again. wtf?

The Greatest Depression Is Coming

nonsense, iit was all americans buying what they want but cant afford.


On Oct 17 09:39 AM jay brebner wrote:

> the richest 10% drives consumption not the middle class. the middle
> class buys what it needs but the upper class buys what it wants.
> I believe it is something like 50% of consumption. while they have
> taken a hit as well there are a lot of toys/assets to buy now at
> lower prices and if they were smart they'd be buying it all up starting
> now.

EPS Beat Rate at 85%

what a bogus statistic. companies low balling and then beating estimiates? what's the real growth rate of these companies or P/E's ?