ChickenLips's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/234986/comments http://seekingalpha.com/article/172187-what-if-u-s-social-fabric-tears?source=feed#comment-752548 752548
I don't see the argument that we live in a socialist economy. If we did, we wouldn't have the widespread misery that we encounter on a daily basis. Massive unemployment, declining wages and benefits: these don't usually go hand in hand with socialism. But they do go in hand with a capitalist economy run amock.

We need to make sure that EVERYBODY pays their fair share of taxes. You can't maintain a high standard of living if we keep issuing tax cuts while shifting jobs overseas. We are starting to feel the results of these bad fiscal policies, tax revenues to maintain our roads and schools are gone.]]> Mon, 09 Nov 2009 12:12:34 -0500
I don't see the argument that we live in a socialist economy. If we did, we wouldn't have the widespread misery that we encounter on a daily basis. Massive unemployment, declining wages and benefits: these don't usually go hand in hand with socialism. But they do go in hand with a capitalist economy run amock.

We need to make sure that EVERYBODY pays their fair share of taxes. You can't maintain a high standard of living if we keep issuing tax cuts while shifting jobs overseas. We are starting to feel the results of these bad fiscal policies, tax revenues to maintain our roads and schools are gone.]]> http://seekingalpha.com/article/172215-chart-of-the-week-unemployment-rates-based-on-education-level?source=feed#comment-752507 752507
I have a master's degree and still see many employment opportunities for myself even in this recession. My unemployed high school diploma buddies are struggling right now to find a regular job. Let's get real, the jobs of the future require specialized training, which can easily be obtained at a local community college. It's not my fault that people are lazy and don't want to learn anything!]]> Mon, 09 Nov 2009 11:50:53 -0500
I have a master's degree and still see many employment opportunities for myself even in this recession. My unemployed high school diploma buddies are struggling right now to find a regular job. Let's get real, the jobs of the future require specialized training, which can easily be obtained at a local community college. It's not my fault that people are lazy and don't want to learn anything!]]> http://seekingalpha.com/article/155743-bottled-water-and-other-casualties-of-the-recession?source=feed#comment-627494 627494 Wed, 12 Aug 2009 19:33:12 -0400 http://seekingalpha.com/article/154983-pay-bonuses-and-perks-corporate-view-vs-populist-view?source=feed#comment-622810 622810
My point is that it takes a helluva lot of people to make things happen in this country, but the system only rewards those at the top. It remains to be seen how long inequality will remain acceptable in the good ol' USA.


On Aug 09 11:33 PM Mad Hedge Fund Trader wrote:

> sdfgs. It always irritates the hell out of me when those off Wall
> Street try to tell those of us on Wall Street how to pay ourselves,
> contract issues aside. The only reason Phibro’s Andrew Hall is owed
> $100 million is because he made $500 million for his beleaguered
> Citigroup (seekingalpha.com/symbol/c) parent. C needs more
> traders like him, not fewer. A 20% performance bonus is the most
> common of hedge fund compensation arrangements. What Main Streeters
> don’t get is that in bad years you get paid zero, and in fact, get
> a due bill, if you throw in the overhead. If C shareholders don’t
> like the deal, they can hire the guy who is happy to work for 10%,
> or 5%, or the fixed salary of a postal worker, but they may not like
> the results.]]> Mon, 10 Aug 2009 01:42:15 -0400
My point is that it takes a helluva lot of people to make things happen in this country, but the system only rewards those at the top. It remains to be seen how long inequality will remain acceptable in the good ol' USA.


On Aug 09 11:33 PM Mad Hedge Fund Trader wrote:

> sdfgs. It always irritates the hell out of me when those off Wall
> Street try to tell those of us on Wall Street how to pay ourselves,
> contract issues aside. The only reason Phibro’s Andrew Hall is owed
> $100 million is because he made $500 million for his beleaguered
> Citigroup (seekingalpha.com/symbol/c) parent. C needs more
> traders like him, not fewer. A 20% performance bonus is the most
> common of hedge fund compensation arrangements. What Main Streeters
> don’t get is that in bad years you get paid zero, and in fact, get
> a due bill, if you throw in the overhead. If C shareholders don’t
> like the deal, they can hire the guy who is happy to work for 10%,
> or 5%, or the fixed salary of a postal worker, but they may not like
> the results.]]> http://seekingalpha.com/article/152552-a-reality-check-on-u-s-economic-recovery?source=feed#comment-608945 608945
How is it beneficial to the economy and society if I foreclose on my home and walk away? How come the wealthy bank owners get bailouts but there aren't any refinancing programs to help people like me keep their homes and society stable?

I guess the economy and the stock market CAN grow if the middle class is decimated. At least that's what my government is telling me.]]> Thu, 30 Jul 2009 18:16:16 -0400
How is it beneficial to the economy and society if I foreclose on my home and walk away? How come the wealthy bank owners get bailouts but there aren't any refinancing programs to help people like me keep their homes and society stable?

I guess the economy and the stock market CAN grow if the middle class is decimated. At least that's what my government is telling me.]]> http://seekingalpha.com/article/151029-the-new-reality-for-higher-education?source=feed#comment-600840 600840

On Jul 24 09:52 AM relaplan1 wrote:

> There are so many "mickey mouse" areas of study at the university
> that prospective students must carefully choose a major to develop
> marketplace skills. Nearly all of the recent college graduates I
> know have "mickey mouse" degrees and none of them have jobs. One,
> an accounting major, has a job.]]> Fri, 24 Jul 2009 10:31:39 -0400

On Jul 24 09:52 AM relaplan1 wrote:

> There are so many "mickey mouse" areas of study at the university
> that prospective students must carefully choose a major to develop
> marketplace skills. Nearly all of the recent college graduates I
> know have "mickey mouse" degrees and none of them have jobs. One,
> an accounting major, has a job.]]> http://seekingalpha.com/article/141634-when-will-the-market-turn-negative-again?source=feed#comment-534592 534592
Seriously, what concerns me the most is that most of my laid off friends are draining their 401k accounts to supplement their weak unemployment benefits. According to our government statistics, nearly 10% of the population is unemployed. If the unemployed drain their retirement accounts (which we all know what is happening since their incomes are falling), that's 10% more people who will definitely be dependent on the government in the future too. Where is the recovery in that? The stock market has to dip soon, this foolishness can't go on any further. ]]> Sat, 06 Jun 2009 06:35:43 -0400
Seriously, what concerns me the most is that most of my laid off friends are draining their 401k accounts to supplement their weak unemployment benefits. According to our government statistics, nearly 10% of the population is unemployed. If the unemployed drain their retirement accounts (which we all know what is happening since their incomes are falling), that's 10% more people who will definitely be dependent on the government in the future too. Where is the recovery in that? The stock market has to dip soon, this foolishness can't go on any further. ]]> http://seekingalpha.com/article/135568-kindle-s-here-close-the-book-on-barnes-noble?source=feed#comment-492421 492421 Wed, 06 May 2009 14:17:49 -0400 http://seekingalpha.com/article/130318-best-buy-seeing-new-competition?source=feed#comment-459719 459719 Sat, 11 Apr 2009 06:35:19 -0400 http://seekingalpha.com/article/126392-not-news-cd-buyers-disappearing-daily-might-be-news-music-buyers-disappearing-too?source=feed#comment-430217 430217 Wed, 18 Mar 2009 05:19:26 -0400 http://seekingalpha.com/article/115372-what-to-buy-and-why-barron-s-2009-roundtable-part-ii?source=feed#comment-360519 360519 Tue, 20 Jan 2009 01:01:12 -0500 http://seekingalpha.com/article/114783-all-time-low-consumer-confidence-good-news-from-contrarian-perspective?source=feed#comment-355600 355600 Wed, 14 Jan 2009 11:57:53 -0500 http://seekingalpha.com/article/114707-questioning-the-relevance-of-abercrombie?source=feed#comment-355547 355547 Wed, 14 Jan 2009 11:28:59 -0500 http://seekingalpha.com/article/114772-how-high-will-unemployment-go?source=feed#comment-355522 355522 Wed, 14 Jan 2009 11:20:56 -0500 http://seekingalpha.com/article/114770-does-geithner-deserve-a-pass-for-his-poor-tax-paying-performance?source=feed#comment-355512 355512 Wed, 14 Jan 2009 11:14:36 -0500 http://seekingalpha.com/article/114436-are-new-market-lows-likely-in-2009?source=feed#comment-354123 354123 Tue, 13 Jan 2009 06:41:00 -0500 http://seekingalpha.com/article/114285-obama-reconsiders-digital-tv-transition-date?source=feed#comment-353355 353355 Mon, 12 Jan 2009 11:26:30 -0500 http://seekingalpha.com/article/113610-some-positives-but-problems-persist-at-ebay?source=feed#comment-348280 348280 Wed, 07 Jan 2009 06:42:20 -0500 http://seekingalpha.com/article/113492-will-the-u-s-fight-the-german-car-invasion?source=feed#comment-347593 347593 Tue, 06 Jan 2009 13:06:42 -0500 http://seekingalpha.com/article/109859-who-comes-first-the-customer-or-the-business-itself?source=feed#comment-324646 324646 Tue, 09 Dec 2008 11:05:22 -0500 http://seekingalpha.com/article/108929-our-growing-inactive-population-demographics-and-the-economy?source=feed#comment-319669 319669
Bush economics trampled the middle class. Obama's new administration will need to create a plan that invests in America's future and creates real jobs at home. How are the younger generation going to support the Boomers if we don't have any opportunities to obtain real jobs? Free trade sucks.]]> Wed, 03 Dec 2008 08:56:05 -0500
Bush economics trampled the middle class. Obama's new administration will need to create a plan that invests in America's future and creates real jobs at home. How are the younger generation going to support the Boomers if we don't have any opportunities to obtain real jobs? Free trade sucks.]]> http://seekingalpha.com/article/106349-falling-gasoline-prices-could-help-holiday-sales?source=feed#comment-307877 307877
But seriously, even though gas prices are falling, how have people's attitudes changed towards debt? Pretty much all expensive gifts ($100+ based on a middle class income) are purchased on credit. How much credit is available to splurge on Christmas, and is the credit being offered like it was in the past? Are people willing to use credit again or have we shunned it like our President? One silver lining out of this whole disaster: salespeople don't hound me to open additional credit lines every 5 minutes like they used to!]]> Mon, 17 Nov 2008 10:31:14 -0500
But seriously, even though gas prices are falling, how have people's attitudes changed towards debt? Pretty much all expensive gifts ($100+ based on a middle class income) are purchased on credit. How much credit is available to splurge on Christmas, and is the credit being offered like it was in the past? Are people willing to use credit again or have we shunned it like our President? One silver lining out of this whole disaster: salespeople don't hound me to open additional credit lines every 5 minutes like they used to!]]> http://seekingalpha.com/article/104285-a-40-bottom-in-oil?source=feed#comment-299098 299098 Thu, 06 Nov 2008 00:06:21 -0500 http://seekingalpha.com/article/103155-cramer-s-mad-money-petsmart-in-the-dog-house-10-30-08?source=feed#comment-294931 294931 Fri, 31 Oct 2008 07:47:26 -0400 http://seekingalpha.com/article/101902-when-will-the-market-turn-around?source=feed#comment-291636 291636
Fundamentals are everything at this point.]]> Mon, 27 Oct 2008 13:02:03 -0400
Fundamentals are everything at this point.]]> http://seekingalpha.com/article/102060-advice-for-renters-wait-until-2010-to-buy?source=feed#comment-291585 291585
Demand is there, but the ability to finance a purchase is no longer there. I want to upgrade like everybody else, but I probably don't qualify for a new mortgage like everybody else! I don't think we need to be asking a real estate broker about investing in real estate again, we need to be asking the finance reps. Real estate will not turn around until the financing becomes readily available again to eat up this inventory.

But if all the finance people are losing their jobs, that to me is a very STRONG sign that real estate isn't coming back anytime soon.

Rental properties will always be in demand, we all need a roof over our heads, right?]]> Mon, 27 Oct 2008 12:22:05 -0400
Demand is there, but the ability to finance a purchase is no longer there. I want to upgrade like everybody else, but I probably don't qualify for a new mortgage like everybody else! I don't think we need to be asking a real estate broker about investing in real estate again, we need to be asking the finance reps. Real estate will not turn around until the financing becomes readily available again to eat up this inventory.

But if all the finance people are losing their jobs, that to me is a very STRONG sign that real estate isn't coming back anytime soon.

Rental properties will always be in demand, we all need a roof over our heads, right?]]> http://seekingalpha.com/article/97402-intel-a-seeming-waste-of-legal-fees?source=feed#comment-265503 265503 Fri, 26 Sep 2008 00:29:36 -0400 http://seekingalpha.com/article/97061-retail-sector-doomed-weak-holiday-sales-will-destroy-under-armour?source=feed#comment-263201 263201 Wed, 24 Sep 2008 05:04:34 -0400 http://seekingalpha.com/article/96432-prepare-to-sell-monday-cramer-s-mad-money-9-19-08?source=feed#comment-260643 260643
Mental note to self: don't take Goldman Sachs seriously.]]> Sun, 21 Sep 2008 12:00:21 -0400
Mental note to self: don't take Goldman Sachs seriously.]]> http://seekingalpha.com/article/94150-job-numbers-deteriorating-and-understated?source=feed#comment-246791 246791
Instead of encouraging useless spending (rebate checks!), the government really needs to take the initiative to develop tax incentives that proliferate R&D and high-tech production here in the US. Why do Europeans dominate the alternative energy industry? Because they have tax incentives to create high-paying jobs back home. We have tax incentives to export industry and high-paying jobs. No investment = no future. We might as well teach our kids in school, "You want fries with that?"]]> Sat, 06 Sep 2008 07:42:06 -0400
Instead of encouraging useless spending (rebate checks!), the government really needs to take the initiative to develop tax incentives that proliferate R&D and high-tech production here in the US. Why do Europeans dominate the alternative energy industry? Because they have tax incentives to create high-paying jobs back home. We have tax incentives to export industry and high-paying jobs. No investment = no future. We might as well teach our kids in school, "You want fries with that?"]]>