Tesa's Comments Tesa's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/234473/comments Goldman Sachs' Latest Initiative: Business Plan or Charitable Donation? http://seekingalpha.com/article/174204-goldman-sachs-latest-initiative-business-plan-or-charitable-donation?source=feed#comment-767543 767543
How about that.]]>
Thu, 19 Nov 2009 12:47:13 -0500
How about that.]]>
U.S. Dollar: Time for Deeds, Not Words http://seekingalpha.com/article/173055-u-s-dollar-time-for-deeds-not-words?source=feed#comment-758875 758875
You are right but which country or countries would volunteer to have the strong currencies. Only countries with no indutrial base and high natrural resources do benefit with such formulas but then they have to trade in the own currency and that curreny and there has be a reliable currency and massive amount it available for trade.

The producers like China seek to excape currency superiority top improve their sales while expecting to invest their profits in a currency that is superior to their own for additional gains. To do this, currency manipulation is the name of the game but there is no fundamental way of solving such a problem.

The only worldwide solution for currency manipulation is a reference commodity index where currencies can be traded against but it wont solve the fundamental demands of some producers like China to have a inflation protection and secondary profit in currency trading. They are going to import inflation one way or another or we will see a collapse every 5 years and the cost of collapse is paid by different players.]]>
Fri, 13 Nov 2009 12:11:21 -0500
You are right but which country or countries would volunteer to have the strong currencies. Only countries with no indutrial base and high natrural resources do benefit with such formulas but then they have to trade in the own currency and that curreny and there has be a reliable currency and massive amount it available for trade.

The producers like China seek to excape currency superiority top improve their sales while expecting to invest their profits in a currency that is superior to their own for additional gains. To do this, currency manipulation is the name of the game but there is no fundamental way of solving such a problem.

The only worldwide solution for currency manipulation is a reference commodity index where currencies can be traded against but it wont solve the fundamental demands of some producers like China to have a inflation protection and secondary profit in currency trading. They are going to import inflation one way or another or we will see a collapse every 5 years and the cost of collapse is paid by different players.]]>
Understanding the Dollar Debate http://seekingalpha.com/article/173119-understanding-the-dollar-debate?source=feed#comment-758823 758823
The only worldwide solution for currency manipulation is a reference commodity index where currencies are traded against but it wont solve the fundamental demands of producers like China to have a inflation protection and secondary profit through it. They are going to import inflation one way or another.]]>
Fri, 13 Nov 2009 11:51:40 -0500
The only worldwide solution for currency manipulation is a reference commodity index where currencies are traded against but it wont solve the fundamental demands of producers like China to have a inflation protection and secondary profit through it. They are going to import inflation one way or another.]]>
Oracle Fights Back as EU Tries to Tilt Database Market Playing Field http://seekingalpha.com/article/172556-oracle-fights-back-as-eu-tries-to-tilt-database-market-playing-field?source=feed#comment-754378 754378 Tue, 10 Nov 2009 17:07:46 -0500 Accounting for Losses at BofA and Fannie http://seekingalpha.com/article/171869-accounting-for-losses-at-bofa-and-fannie?source=feed#comment-750612 750612
The speculation in housing market was so wild that American banks were still holding on to massively more toxic assets that they could dump on public accounts. BAC has been subsidized to neutralize its losses so it is very possible that it is playing games to extract more cash the public by extracting more cash through tax cuts by claiming ownership of the same toxic assets.

These bank will never stop extracting cash from public through predatory mortgage lending business . Americans are better off cutting their losses now and remove publicly subsidized mortgage business from private banking forever because the business is funded through interest rates funded by public that are sold back to them with a hefty cost.]]>
Sun, 08 Nov 2009 09:12:50 -0500
The speculation in housing market was so wild that American banks were still holding on to massively more toxic assets that they could dump on public accounts. BAC has been subsidized to neutralize its losses so it is very possible that it is playing games to extract more cash the public by extracting more cash through tax cuts by claiming ownership of the same toxic assets.

These bank will never stop extracting cash from public through predatory mortgage lending business . Americans are better off cutting their losses now and remove publicly subsidized mortgage business from private banking forever because the business is funded through interest rates funded by public that are sold back to them with a hefty cost.]]>
Fannie Mae Plus Goldman Plus Tax Credits Plus U.S. Treasury Add Up to Big Mess http://seekingalpha.com/article/170659-fannie-mae-plus-goldman-plus-tax-credits-plus-u-s-treasury-add-up-to-big-mess?source=feed#comment-750592 750592
- have passed their losses to the public
- they have traded against worthless leverage assets that they have dumped on the public
- they have received a subsidy from public to prevent their collapse and in return they have rewarded their executives with bonuses

And now they want to extract more cash from public through :
- further tax subsidy and taking those collapsed assets
- To either sell them again back to the public through the back door or hold on to these assets and jack them up and profit from them.

It is obvious that privatizing Fannie and Freddy has been very costly for American public. There is no way that public ownership of mortgage business would have cost the American public this much losses over and over.

The mortgage vending that is virtually subsidized by the public should be removed from private banking because they use this business to dump their losses on public using multiple paths.]]>
Sun, 08 Nov 2009 08:56:22 -0500
- have passed their losses to the public
- they have traded against worthless leverage assets that they have dumped on the public
- they have received a subsidy from public to prevent their collapse and in return they have rewarded their executives with bonuses

And now they want to extract more cash from public through :
- further tax subsidy and taking those collapsed assets
- To either sell them again back to the public through the back door or hold on to these assets and jack them up and profit from them.

It is obvious that privatizing Fannie and Freddy has been very costly for American public. There is no way that public ownership of mortgage business would have cost the American public this much losses over and over.

The mortgage vending that is virtually subsidized by the public should be removed from private banking because they use this business to dump their losses on public using multiple paths.]]>
Unemployment Has Become a Leading Indicator http://seekingalpha.com/article/169719-unemployment-has-become-a-leading-indicator?source=feed#comment-735891 735891
Only when the industries and financial markets are going to take advantage of cheap money by hiring people will the unemployment trends reverse themselves.

Given that making money has become function of flipping assets and handing the losses to the population rather than industrial output, the unemployment will not respond to cheap money. Why would industries invest money in industrial output when they can extract massive amount of easy cash from the government by just investing!]]>
Thu, 29 Oct 2009 14:30:40 -0400
Only when the industries and financial markets are going to take advantage of cheap money by hiring people will the unemployment trends reverse themselves.

Given that making money has become function of flipping assets and handing the losses to the population rather than industrial output, the unemployment will not respond to cheap money. Why would industries invest money in industrial output when they can extract massive amount of easy cash from the government by just investing!]]>
The Heart of the Too-Big-to-Fail Problem http://seekingalpha.com/article/169764-the-heart-of-the-too-big-to-fail-problem?source=feed#comment-735554 735554
My suggestion is to allow single banks to build walls within their subsidiaries and spawn different different companies with different symbols to contain these risk. The high risk assets should not intermix with low risk assets.]]>
Thu, 29 Oct 2009 11:25:48 -0400
My suggestion is to allow single banks to build walls within their subsidiaries and spawn different different companies with different symbols to contain these risk. The high risk assets should not intermix with low risk assets.]]>
Why Too-Big-to-Fail Shouldn't Be Codified http://seekingalpha.com/article/169710-why-too-big-to-fail-shouldn-t-be-codified?source=feed#comment-735538 735538
The operational brake up is what is material and not the size. The financial companies should be able to spawn their various operations easily and that will actually create more transparency as sell.

And not just banks, financial arm of an Engineering company or auto company should be listed in the markets with a different symbol for example and be insulated. And yet big companies can grow bigger with this style of growth by adding growth of same components with similar risks with less of ability to hide risk under their carpets.]]>
Thu, 29 Oct 2009 11:19:59 -0400
The operational brake up is what is material and not the size. The financial companies should be able to spawn their various operations easily and that will actually create more transparency as sell.

And not just banks, financial arm of an Engineering company or auto company should be listed in the markets with a different symbol for example and be insulated. And yet big companies can grow bigger with this style of growth by adding growth of same components with similar risks with less of ability to hide risk under their carpets.]]>
Is This the End of 'Too Big to Fail'? http://seekingalpha.com/article/169559-is-this-the-end-of-too-big-to-fail?source=feed#comment-735502 735502
A single bank should have multiple listing in the stock market with operations that are insulated from each other with no intermixing of risk types or racketeering. Financial companies should offer salaries that are directly related to the losses and gains and the executive should suffer losses or negative salaries deducted from what they have banked when their companies collapse or suffer major losses.]]>
Thu, 29 Oct 2009 11:05:59 -0400
A single bank should have multiple listing in the stock market with operations that are insulated from each other with no intermixing of risk types or racketeering. Financial companies should offer salaries that are directly related to the losses and gains and the executive should suffer losses or negative salaries deducted from what they have banked when their companies collapse or suffer major losses.]]>
Consumer Financial Protection: Revisiting the Scene of the Crime http://seekingalpha.com/article/167826-consumer-financial-protection-revisiting-the-scene-of-the-crime?source=feed#comment-723749 723749 Wed, 21 Oct 2009 12:59:02 -0400 Big Banks: The Consensus Is Cracking http://seekingalpha.com/article/167859-big-banks-the-consensus-is-cracking?source=feed#comment-723724 723724
Both small and large banks have incentives to scam the public and participate in increasing systematic risk because only high risk actions are very profitable. ]]>
Wed, 21 Oct 2009 12:45:16 -0400
Both small and large banks have incentives to scam the public and participate in increasing systematic risk because only high risk actions are very profitable. ]]>
The Secret Paulson-Goldman Meeting http://seekingalpha.com/article/167565-the-secret-paulson-goldman-meeting?source=feed#comment-723709 723709
Either the banks behind the scene would racketeer and collude to buy the failed banks to keep themselves afloat or given lack of sufficient capital in total and they would force the government to subsidize them by showing the results of the first collapse.

It is not possible for Paulson to have not known that the collapse of Lehman would trigger a chain reaction. ]]>
Wed, 21 Oct 2009 12:36:31 -0400
Either the banks behind the scene would racketeer and collude to buy the failed banks to keep themselves afloat or given lack of sufficient capital in total and they would force the government to subsidize them by showing the results of the first collapse.

It is not possible for Paulson to have not known that the collapse of Lehman would trigger a chain reaction. ]]>
Hands Off Goldman Bonuses http://seekingalpha.com/article/167745-hands-off-goldman-bonuses?source=feed#comment-723607 723607
The profits that they make through buying collapsed assets was not ever theirs.]]>
Wed, 21 Oct 2009 11:38:12 -0400
The profits that they make through buying collapsed assets was not ever theirs.]]>
Hands Off Goldman Bonuses http://seekingalpha.com/article/167745-hands-off-goldman-bonuses?source=feed#comment-723601 723601
Those assets sold during collapse of the markets at lower valuations became assets were sold by the public and bought up by the financial markets who sold at higher prices to make a profit. It is the public assets that got raided because of the collapse.

We have a case here where finanancial institutions are selling and buying public assets with public money and they use leverage to increase their take in any directions that the winds take them. The other side of their trades are public assets and pensions that they can raid. The speculative highly leveraged markets provide the means to bubble up and then collapse the markets on a whim.

The public assets have become subjected to gambling house evaluations through excessive use of levering as the source of funding for a gambling industry that extracts cash from it.

Upon miscalculating and losing their game the governments have no choice but to fund their game all over again because they have public assets as their hostages.

Financial money game has become a very profitable business as the risk is shed to the public and profits are extracted through sphisticated computer programming that trade these assets.

Both the financial industry and the governments are very aware of that scamming the public has become a big in financial industry but public is prevented from regulating it through vast amount of propaganda that is propagated by those that profit by these schemes.
]]>
Wed, 21 Oct 2009 11:33:53 -0400
Those assets sold during collapse of the markets at lower valuations became assets were sold by the public and bought up by the financial markets who sold at higher prices to make a profit. It is the public assets that got raided because of the collapse.

We have a case here where finanancial institutions are selling and buying public assets with public money and they use leverage to increase their take in any directions that the winds take them. The other side of their trades are public assets and pensions that they can raid. The speculative highly leveraged markets provide the means to bubble up and then collapse the markets on a whim.

The public assets have become subjected to gambling house evaluations through excessive use of levering as the source of funding for a gambling industry that extracts cash from it.

Upon miscalculating and losing their game the governments have no choice but to fund their game all over again because they have public assets as their hostages.

Financial money game has become a very profitable business as the risk is shed to the public and profits are extracted through sphisticated computer programming that trade these assets.

Both the financial industry and the governments are very aware of that scamming the public has become a big in financial industry but public is prevented from regulating it through vast amount of propaganda that is propagated by those that profit by these schemes.
]]>
The Dangers of Fiat Money: 'End the Fed,' by Ron Paul http://seekingalpha.com/article/163500-the-dangers-of-fiat-money-end-the-fed-by-ron-paul?source=feed#comment-703018 703018
If you are curious about depression, you can elect Ron Paul and experience it all over again. Just make sure he is in charge while the banking system is collapsing. Unfortunately you failed to see him in action eating his words so he can sell his theology in a book. It doesn't appear that he understand economics and why these institutions became necessary as regulators.

The fact is that printing money is a last resort solution in a box of many tools but never the less a solution when nothing else works. Federal reserve is a regulator of the last resort and it plays an important role and Americans need more regulation rather than less, specially now.]]>
Sun, 04 Oct 2009 20:16:33 -0400
If you are curious about depression, you can elect Ron Paul and experience it all over again. Just make sure he is in charge while the banking system is collapsing. Unfortunately you failed to see him in action eating his words so he can sell his theology in a book. It doesn't appear that he understand economics and why these institutions became necessary as regulators.

The fact is that printing money is a last resort solution in a box of many tools but never the less a solution when nothing else works. Federal reserve is a regulator of the last resort and it plays an important role and Americans need more regulation rather than less, specially now.]]>
Pinning the Blame on the House Republicans http://seekingalpha.com/article/161429-pinning-the-blame-on-the-house-republicans?source=feed#comment-678461 678461 Tue, 15 Sep 2009 21:20:38 -0400 Pinning the Blame on the House Republicans http://seekingalpha.com/article/161429-pinning-the-blame-on-the-house-republicans?source=feed#comment-677719 677719
All the actors in this case were in fact Republicans and they are all anti-socialists and pro capitalists. They did let GM fail and they blasted at them for having high wages and yet they let Capitalists with much higher wages survive obviously ( letting a token Lehman fail) but also because they would have taken the whole population with them just like Finland.

]]>
Tue, 15 Sep 2009 12:44:26 -0400
All the actors in this case were in fact Republicans and they are all anti-socialists and pro capitalists. They did let GM fail and they blasted at them for having high wages and yet they let Capitalists with much higher wages survive obviously ( letting a token Lehman fail) but also because they would have taken the whole population with them just like Finland.

]]>
Pinning the Blame on the House Republicans http://seekingalpha.com/article/161429-pinning-the-blame-on-the-house-republicans?source=feed#comment-677293 677293 Tue, 15 Sep 2009 10:13:00 -0400 Pinning the Blame on the House Republicans http://seekingalpha.com/article/161429-pinning-the-blame-on-the-house-republicans?source=feed#comment-677275 677275 Tue, 15 Sep 2009 09:57:52 -0400 Focus on Recovery: Rebound in Capital Goods Investment, New Home Sales http://seekingalpha.com/article/158520-focus-on-recovery-rebound-in-capital-goods-investment-new-home-sales?source=feed#comment-648755 648755 Thu, 27 Aug 2009 10:11:18 -0400 Private Prisons: A Reliable American Growth Industry http://seekingalpha.com/article/157536-private-prisons-a-reliable-american-growth-industry?source=feed#comment-645572 645572
On Aug 25 11:44 AM Carneades wrote:

> If you were to look at these charts 10 years ago, I bet you would
> have come to the same conclusion regarding the trend being "unsustainable".
> You likely would have been operating off of the same assumption about
> drug legalization being "imminent". The simple existence of an upwards
> trending chart is not evidence that the trend is bound to reverse
> course.
>
> I think you're also making some faulty assumptions about the political
> and ideological balance of the country in matters of criminal justice;
> specifically where you perceive an inevitable trend towards rehabilitation
> v. deterrence, incapacitation, and retribution.
>
> It's exactly that sort of misreading of the political tea leaves
> which caused the current Administration's health care reform attempt
> to backfire. I don't profess to know the answer either, I'd just
> say that it's a bit presumptuous to assert that any policy shift
> is certain.]]>
Tue, 25 Aug 2009 12:41:39 -0400
On Aug 25 11:44 AM Carneades wrote:

> If you were to look at these charts 10 years ago, I bet you would
> have come to the same conclusion regarding the trend being "unsustainable".
> You likely would have been operating off of the same assumption about
> drug legalization being "imminent". The simple existence of an upwards
> trending chart is not evidence that the trend is bound to reverse
> course.
>
> I think you're also making some faulty assumptions about the political
> and ideological balance of the country in matters of criminal justice;
> specifically where you perceive an inevitable trend towards rehabilitation
> v. deterrence, incapacitation, and retribution.
>
> It's exactly that sort of misreading of the political tea leaves
> which caused the current Administration's health care reform attempt
> to backfire. I don't profess to know the answer either, I'd just
> say that it's a bit presumptuous to assert that any policy shift
> is certain.]]>
Private Prisons: A Reliable American Growth Industry http://seekingalpha.com/article/157536-private-prisons-a-reliable-american-growth-industry?source=feed#comment-645178 645178
Another poster mentioned that minor drug crimes have imprisoned a lot of people so it is obvious that with minor changes of the law, the funding to house these people to fund prison expansion can end. There is more prisons in USA that any industrial country, there is no need for more.]]>
Tue, 25 Aug 2009 10:32:46 -0400
Another poster mentioned that minor drug crimes have imprisoned a lot of people so it is obvious that with minor changes of the law, the funding to house these people to fund prison expansion can end. There is more prisons in USA that any industrial country, there is no need for more.]]>
Preview from Europe: Oil's Renewed Rise Energizes Stocks http://seekingalpha.com/article/157219-preview-from-europe-oil-s-renewed-rise-energizes-stocks?source=feed#comment-638021 638021
If you are seeking valid analysis, do your own to form a consistent opinion based on long term data. Do you see long term historical data as relates to inventories here to form an opinion. I don't see one. ]]>
Thu, 20 Aug 2009 10:54:25 -0400
If you are seeking valid analysis, do your own to form a consistent opinion based on long term data. Do you see long term historical data as relates to inventories here to form an opinion. I don't see one. ]]>
Can Americans Save Their Economy? http://seekingalpha.com/article/157178-can-americans-save-their-economy?source=feed#comment-637878 637878
Those in town halls that are working against the health care reform are not doing so because of the costs, they do so because it is their profits that it is at stake here. This movements has sprung up when street is fighting territorial war to maintain cash flow to it members and not when the population was being bamboozled by the street through most massive financial fraud in history .

I will say that it can be proven that the street is behind these movements because they are the voice of the movement just as this author is and they weren't speaking up as the street was complicit in causing the credit crisis for a decade instead the sought more deregulation. The double standard is not only a proof, it is the cause of poor health care plans that Americans are stuck with. ]]>
Thu, 20 Aug 2009 09:54:35 -0400
Those in town halls that are working against the health care reform are not doing so because of the costs, they do so because it is their profits that it is at stake here. This movements has sprung up when street is fighting territorial war to maintain cash flow to it members and not when the population was being bamboozled by the street through most massive financial fraud in history .

I will say that it can be proven that the street is behind these movements because they are the voice of the movement just as this author is and they weren't speaking up as the street was complicit in causing the credit crisis for a decade instead the sought more deregulation. The double standard is not only a proof, it is the cause of poor health care plans that Americans are stuck with. ]]>
Fannie Mae Needs $1.7 Billion in New Treasury Capital http://seekingalpha.com/article/154623-fannie-mae-needs-1-7-billion-in-new-treasury-capital?source=feed#comment-620238 620238 Fri, 07 Aug 2009 15:01:36 -0400 Fannie Mae: Trading Derivatives...and Losing http://seekingalpha.com/article/154592-fannie-mae-trading-derivatives-and-losing?source=feed#comment-620213 620213
Government has become the counter party for these banks and the profits are pretty much taxpayer cash.]]>
Fri, 07 Aug 2009 14:51:22 -0400
Government has become the counter party for these banks and the profits are pretty much taxpayer cash.]]>
The China Stock Bubble Is Back http://seekingalpha.com/article/153519-the-china-stock-bubble-is-back?source=feed#comment-615561 615561 Tue, 04 Aug 2009 20:19:33 -0400 Fundamental Misconceptions in the Speculation Debate http://seekingalpha.com/article/152470-fundamental-misconceptions-in-the-speculation-debate?source=feed#comment-614525 614525
Oil consuming nations seek to manipulate oil prices also and make it to be lower than actual worth by cooking the markets. The commodity markets, financial markets and stock markets are all heavily manipulated, through zero interest rates, printing cash, agricultural subsidies, futures markets dominated by big players who issue upgrade/downgrades while trading the markets instantly and so on. Of course there are players in the markets who seek manipulate the already manipulated markets and that is why in midst of 150$ oil, a market would rally and get overheated which is then followed by a crash.

To seek cheaper oil than the cost of extraction by manipulating the markets is not unusal and it has been promoted to boost the battered economies which have wasted vast amount oil using larger vehicles than are needed for transportation. ]]>
Tue, 04 Aug 2009 10:27:59 -0400
Oil consuming nations seek to manipulate oil prices also and make it to be lower than actual worth by cooking the markets. The commodity markets, financial markets and stock markets are all heavily manipulated, through zero interest rates, printing cash, agricultural subsidies, futures markets dominated by big players who issue upgrade/downgrades while trading the markets instantly and so on. Of course there are players in the markets who seek manipulate the already manipulated markets and that is why in midst of 150$ oil, a market would rally and get overheated which is then followed by a crash.

To seek cheaper oil than the cost of extraction by manipulating the markets is not unusal and it has been promoted to boost the battered economies which have wasted vast amount oil using larger vehicles than are needed for transportation. ]]>
Shift in U.S. - China Dialogue Is Louder than Words http://seekingalpha.com/article/152223-shift-in-u-s-china-dialogue-is-louder-than-words?source=feed#comment-608535 608535
On Jul 30 02:24 PM Jeff Nielson wrote:
> China's markets have had a HUGE rally on an economy which has ACTUALLY turned the corner.]]>
Thu, 30 Jul 2009 14:35:07 -0400
On Jul 30 02:24 PM Jeff Nielson wrote:
> China's markets have had a HUGE rally on an economy which has ACTUALLY turned the corner.]]>