css1971's Comments css1971's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/250629/comments Google Should Make Apple Beg for Maps Navigation http://seekingalpha.com/article/169819-google-should-make-apple-beg-for-maps-navigation?source=feed#comment-736827 736827
So how do you navigate if there is no 3G reception?

At the moment, Google Maps will navigate you out to the middle of nowhere and then stop working... No?

Cool "feature".]]>
Fri, 30 Oct 2009 09:04:28 -0400
So how do you navigate if there is no 3G reception?

At the moment, Google Maps will navigate you out to the middle of nowhere and then stop working... No?

Cool "feature".]]>
Google’s New Mobile App Cuts Garmin, TomTom at the Knees http://seekingalpha.com/article/169606-googles-new-mobile-app-cuts-garmin-tomtom-at-the-knees?source=feed#comment-735966 735966
No 3G connection and Google Maps... doesn't work? The time you're most likely to need (middle of nowhere) it, it won't work?

]]>
Thu, 29 Oct 2009 15:19:05 -0400
No 3G connection and Google Maps... doesn't work? The time you're most likely to need (middle of nowhere) it, it won't work?

]]>
Google Redefines GPS Navigation Landscape http://seekingalpha.com/article/169475-google-redefines-gps-navigation-landscape?source=feed#comment-735958 735958
V3 just released. You can even install the maps from your PC, so if you hit an area with crap reception... i.e. You're in the middle of nowhere... Ovi Maps still works... Google maps... well... No reception, no idea where you are and... well... oops. Minor flaw there.

Then there's the bandwidth costs of downloading megabytes of maps if you're not on flat rate.
]]>
Thu, 29 Oct 2009 15:10:23 -0400
V3 just released. You can even install the maps from your PC, so if you hit an area with crap reception... i.e. You're in the middle of nowhere... Ovi Maps still works... Google maps... well... No reception, no idea where you are and... well... oops. Minor flaw there.

Then there's the bandwidth costs of downloading megabytes of maps if you're not on flat rate.
]]>
What deleveraging? While it's true household debt dropped slightly last quarter (but see), overall debt continued to grow. Unfortunately, the only way to climb out of a debt-induced depression is to pay down debt - or to write it off. http://seekingalpha.com/news/market_currents/post/25842?source=feed#comment-542889 542889
What?

If you pay down debt, you destroy credit and thereby make the recession/depression worse. You get out by writing off debt (bankruptcy) or by printing (not borrowing) money.

You can try "growing" out, but that's just borrowing more money into existence so the debt just increases.

]]>
Thu, 11 Jun 2009 17:13:10 -0400
What?

If you pay down debt, you destroy credit and thereby make the recession/depression worse. You get out by writing off debt (bankruptcy) or by printing (not borrowing) money.

You can try "growing" out, but that's just borrowing more money into existence so the debt just increases.

]]>
Nokia Should Have Prevented Its Portal Problems http://seekingalpha.com/article/140643-nokia-should-have-prevented-its-portal-problems?source=feed#comment-527105 527105
Their phones aren't the problem. They pretty much hit the markets they are aimed at. The N97 for example will be entering a pocket near me real soon. Their problem is Nokia is a phone company and doesn't (yet) know how to run an ISP.

On Jun 01 12:41 PM Economyst wrote:

> Nokia has a touchscreen the 5800. What Nokia does not understand
> is that it's not technology that is driving the smartphone market
> as usability and simplicity.]]>
Mon, 01 Jun 2009 17:04:27 -0400
Their phones aren't the problem. They pretty much hit the markets they are aimed at. The N97 for example will be entering a pocket near me real soon. Their problem is Nokia is a phone company and doesn't (yet) know how to run an ISP.

On Jun 01 12:41 PM Economyst wrote:

> Nokia has a touchscreen the 5800. What Nokia does not understand
> is that it's not technology that is driving the smartphone market
> as usability and simplicity.]]>
Nokia Should Have Prevented Its Portal Problems http://seekingalpha.com/article/140643-nokia-should-have-prevented-its-portal-problems?source=feed#comment-527037 527037
Leave the thing beta for a year and let the user base grow, fix the usability and performance bugs in what is clearly a new and untested system...

]]>
Mon, 01 Jun 2009 16:21:10 -0400
Leave the thing beta for a year and let the user base grow, fix the usability and performance bugs in what is clearly a new and untested system...

]]>
Gold and Economic Freedom: Reinterpreted for the 21st Century http://seekingalpha.com/article/136677-gold-and-economic-freedom-reinterpreted-for-the-21st-century?source=feed#comment-499449 499449

On May 10 04:39 PM Gold Barron wrote:

> "I believe that banking institutions are more dangerous to our liberties
> than standing armies. If the American people ever allow private banks
> to control the issue of their currency, first by inflation, then
> by deflation, the banks and corporations that will grow up around
> the banks will deprive the people of all property until their children
> wake-up home-less on the continent their fathers conquered."
> –Thomas Jefferson
> ]]>
Mon, 11 May 2009 16:33:14 -0400

On May 10 04:39 PM Gold Barron wrote:

> "I believe that banking institutions are more dangerous to our liberties
> than standing armies. If the American people ever allow private banks
> to control the issue of their currency, first by inflation, then
> by deflation, the banks and corporations that will grow up around
> the banks will deprive the people of all property until their children
> wake-up home-less on the continent their fathers conquered."
> –Thomas Jefferson
> ]]>
With tweleve years of stock market profits down the drain, Prozac Nation author Elizabeth Wurtzel wonders why no one is stating the obvious: The whole system is warped. "I would love to call the system despicable or detestable or something evil-sounding, but that would be giving it too much credit. It's really just the march of dunces." http://seekingalpha.com/news/market_currents/post/21574?source=feed#comment-459248 459248
Once you understand the Ponzi nature of banking and the stock market, it's not so difficult to step out when the shit hits the fan and step back in at the bottom.

]]>
Fri, 10 Apr 2009 15:44:27 -0400
Once you understand the Ponzi nature of banking and the stock market, it's not so difficult to step out when the shit hits the fan and step back in at the bottom.

]]>
$200 Oil Is Coming While We Waste a Perfectly Good Crisis (Part 3) http://seekingalpha.com/article/130146-200-oil-is-coming-while-we-waste-a-perfectly-good-crisis-part-3?source=feed#comment-457513 457513

On Apr 09 10:19 AM Frank H wrote:

> I agree oil prices will get bumped back up to at least the 140's
> again and get set in place for a longer run at that range]]>
Thu, 09 Apr 2009 11:03:34 -0400

On Apr 09 10:19 AM Frank H wrote:

> I agree oil prices will get bumped back up to at least the 140's
> again and get set in place for a longer run at that range]]>
$200 Oil Is Coming While We Waste a Perfectly Good Crisis (Part 3) http://seekingalpha.com/article/130146-200-oil-is-coming-while-we-waste-a-perfectly-good-crisis-part-3?source=feed#comment-457493 457493
It's nice to see a publisher responding. I also follow the oil drum.

However I'm not a doomer. It's possible to make use of the oncoming oil spikes to ready investments in industries and technologies which will ameliorate the problem. Particularly nuclear, wind etc.

Think of the spikes like a hammer. The simple application of force. It can do damage, however if you can direct the force of the blow, it can do work instead. I'm using it as a lever, the spikes are going to be coming in on oil, and I'm then going to be directing the results of those into nuclear and "green" energy. Along with that go heavy energy users.
]]>
Thu, 09 Apr 2009 10:52:56 -0400
It's nice to see a publisher responding. I also follow the oil drum.

However I'm not a doomer. It's possible to make use of the oncoming oil spikes to ready investments in industries and technologies which will ameliorate the problem. Particularly nuclear, wind etc.

Think of the spikes like a hammer. The simple application of force. It can do damage, however if you can direct the force of the blow, it can do work instead. I'm using it as a lever, the spikes are going to be coming in on oil, and I'm then going to be directing the results of those into nuclear and "green" energy. Along with that go heavy energy users.
]]>
'U.S. Banking System Is Effectively Insolvent' - Soros http://seekingalpha.com/article/129932-u-s-banking-system-is-effectively-insolvent-soros?source=feed#comment-456388 456388 Wed, 08 Apr 2009 12:23:57 -0400 "In my parents' retirement community, when they describe me as an M&A banker, it's no longer socially acceptable. So they call me an adviser to the free flow of capital." - Goldman M&A head Tim Ingrassia, in his keynote speech this morning at Tulane http://seekingalpha.com/news/market_currents/post/21179?source=feed#comment-449989 449989

Now you know why it's no longer socially acceptable.


HTH]]>
Thu, 02 Apr 2009 17:01:25 -0400

Now you know why it's no longer socially acceptable.


HTH]]>
Li-ion Batteries and How Cheap Beat Cool in the Chevy Volt http://seekingalpha.com/article/127285-li-ion-batteries-and-how-cheap-beat-cool-in-the-chevy-volt?source=feed#comment-437169 437169 Lithium weighs 3
Sodium weighs 11
Nickel weighs 28
Zinc weighs 30
Lead weighs 82

With any of these technologies in a vehicle, weight matters. People want to use lithium because it's very light. Lead is always going to be vastly heavier than Lithium. Unfortunately Lithium is not terribly abundant, (Li,Be, B tend not to be produced) though sodium is. I think we'll end up with something like a sodium ion battery technology because it'll be dirt cheap in comparison to Li but still a fraction of the weight of an equivalent lead technology.

Anything which stores enough energy to push a car is likely to be dangerous.
]]>
Mon, 23 Mar 2009 16:34:30 -0400 Lithium weighs 3
Sodium weighs 11
Nickel weighs 28
Zinc weighs 30
Lead weighs 82

With any of these technologies in a vehicle, weight matters. People want to use lithium because it's very light. Lead is always going to be vastly heavier than Lithium. Unfortunately Lithium is not terribly abundant, (Li,Be, B tend not to be produced) though sodium is. I think we'll end up with something like a sodium ion battery technology because it'll be dirt cheap in comparison to Li but still a fraction of the weight of an equivalent lead technology.

Anything which stores enough energy to push a car is likely to be dangerous.
]]>
"Populist perception is that everyone working in a big investment bank was greedy and/or incompetent. That is simply not true. This may sound shocking, but professionals who’ve built up a lifetime of skills, experience, and contacts do exist at these firms. They are not so easily replaced. I’ve heard rumblings already that anyone worth their salt has left any firm taking TARP money. If this legislation passes, that will no doubt be true." (Economist) http://seekingalpha.com/news/market_currents/post/20294?source=feed#comment-433967 433967
Really? The evidence says otherwise.

Anyone working at a bank taking TARP cash is rightly tainted for life.

]]>
Fri, 20 Mar 2009 16:01:29 -0400
Really? The evidence says otherwise.

Anyone working at a bank taking TARP cash is rightly tainted for life.

]]>
Chinese Are Likely to Halt Purchases of U.S. Treasury Debt http://seekingalpha.com/article/125843-chinese-are-likely-to-halt-purchases-of-u-s-treasury-debt?source=feed#comment-425080 425080 > Their manipulation of their currency as decimated the US manufacturing
> base. Their massive buying of medium and long term treasury bonds
> (in support of their currency peg) as caused long term yields to
> remain depressed for a prolonged period, causing the inversion of
> the yield curve in 2005 to 2007 and setting up the conditions for
> leverage in the financial sector and the incentive for savers to
> become borrowers. They did this to America and now they have the
> gull to "warn" us?


"Hence to fight and conquer in all your battles is not supreme excellence; supreme excellence consists in breaking the enemy's resistance without fighting."
-- Sun Tzu ~ 400BC
]]>
Fri, 13 Mar 2009 17:29:58 -0400 > Their manipulation of their currency as decimated the US manufacturing
> base. Their massive buying of medium and long term treasury bonds
> (in support of their currency peg) as caused long term yields to
> remain depressed for a prolonged period, causing the inversion of
> the yield curve in 2005 to 2007 and setting up the conditions for
> leverage in the financial sector and the incentive for savers to
> become borrowers. They did this to America and now they have the
> gull to "warn" us?


"Hence to fight and conquer in all your battles is not supreme excellence; supreme excellence consists in breaking the enemy's resistance without fighting."
-- Sun Tzu ~ 400BC
]]>
Why China Will Continue to Buy U.S. Treasuries http://seekingalpha.com/article/125797-why-china-will-continue-to-buy-u-s-treasuries?source=feed#comment-425069 425069
Sell high buy low. Classic contrarian strategy. Hell. I'd do it.


]]>
Fri, 13 Mar 2009 17:16:31 -0400
Sell high buy low. Classic contrarian strategy. Hell. I'd do it.


]]>
Why China Will Continue to Buy U.S. Treasuries http://seekingalpha.com/article/125797-why-china-will-continue-to-buy-u-s-treasuries?source=feed#comment-424707 424707
]]>
Fri, 13 Mar 2009 13:14:59 -0400
]]>
Chinese Are Likely to Halt Purchases of U.S. Treasury Debt http://seekingalpha.com/article/125843-chinese-are-likely-to-halt-purchases-of-u-s-treasury-debt?source=feed#comment-424589 424589

I'm sure that China will introduce democracy just as soon as the USA does.
]]>
Fri, 13 Mar 2009 12:05:41 -0400

I'm sure that China will introduce democracy just as soon as the USA does.
]]>
The FDIC, which is asking for emergency powers to borrow up to $500B to bail out failed banks, is facing a potential major shortfall in part because it collected no insurance premiums from most banks from 1996 to 2006. http://seekingalpha.com/news/market_currents/post/19718?source=feed#comment-423438 423438 Thu, 12 Mar 2009 14:05:21 -0400 Banks that are owned by governments will be run to benefit politicians. (The American) http://seekingalpha.com/news/market_currents/post/18808?source=feed#comment-407002 407002
I would simply rather that the monetary system were not manipulated either for personal nor political gain.
]]>
Sat, 28 Feb 2009 11:41:33 -0500
I would simply rather that the monetary system were not manipulated either for personal nor political gain.
]]>
Intriguing chart of the inflation-adjusted Dow - which has gained just 55% since its 1929 peak and only 10% since peaking in 1966. Of note: after adjusting for inflation, it's clear the current bear market actually began in 1999. http://seekingalpha.com/news/market_currents/post/18815?source=feed#comment-406997 406997 ]]> Sat, 28 Feb 2009 11:36:03 -0500 ]]> Virginia Hammerness, 75-year-old heiress to the Giannini family’s banking fortune and a big shareholder in the bank it founded - Bank of America (BAC) - says the bank’s current "idiot" managers’ actions are totally repulsive. More than that, they’re ruining her family’s legacy. http://seekingalpha.com/news/market_currents/post/18487?source=feed#comment-402056 402056 Tue, 24 Feb 2009 17:37:08 -0500 How to Survive Your Best Guess http://seekingalpha.com/article/122319-how-to-survive-your-best-guess?source=feed#comment-401859 401859
It's like height. The lower it goes the safer you are. The higher the more dangerous. When it gets too dangerous you get off.
]]>
Tue, 24 Feb 2009 15:04:45 -0500
It's like height. The lower it goes the safer you are. The higher the more dangerous. When it gets too dangerous you get off.
]]>
The Coming Depression: See It Clearly Through Historical Eyes http://seekingalpha.com/article/122036-the-coming-depression-see-it-clearly-through-historical-eyes?source=feed#comment-399641 399641 ]]> Mon, 23 Feb 2009 07:52:36 -0500 ]]> The Citigroup / Gold Ratio http://seekingalpha.com/article/121934-the-citigroup-gold-ratio?source=feed#comment-399611 399611
Citigroup is a banking insutution, based on a clearly failed fractional reserve system. Says a lot about human honour and trustworthiness.

Gold simply is.]]>
Mon, 23 Feb 2009 07:15:23 -0500
Citigroup is a banking insutution, based on a clearly failed fractional reserve system. Says a lot about human honour and trustworthiness.

Gold simply is.]]>
Your Oil Stocks Aren't Coming Back http://seekingalpha.com/article/121680-your-oil-stocks-aren-t-coming-back?source=feed#comment-398335 398335
The rest of the century is going to be the tale of declining oil. Our economies are still completely dependant on it, so there will be more peaks in price as the economy again grows to hit the limits of production. Followed again, by recession as the high prices drive the bottom of the market into bankruptcy. I recommend that you use future peaks to get into nuclear.

]]>
Sun, 22 Feb 2009 06:35:26 -0500
The rest of the century is going to be the tale of declining oil. Our economies are still completely dependant on it, so there will be more peaks in price as the economy again grows to hit the limits of production. Followed again, by recession as the high prices drive the bottom of the market into bankruptcy. I recommend that you use future peaks to get into nuclear.

]]>
Inflation: Demand Destruction and Wealth Erosion Trump Money Growth http://seekingalpha.com/article/121833-inflation-demand-destruction-and-wealth-erosion-trump-money-growth?source=feed#comment-398083 398083
I include gold/commodity, property, stock and share inflation in my definition.

]]>
Sat, 21 Feb 2009 18:30:50 -0500
I include gold/commodity, property, stock and share inflation in my definition.

]]>
Major Investors Piling into Gold http://seekingalpha.com/article/120640-major-investors-piling-into-gold?source=feed#comment-392456 392456

On Feb 16 08:54 AM CLH wrote:

> After an eight year bull, I sold my gold stocks in March 2008. One
> year later gold has not moved. I dont like dead money.]]>
Tue, 17 Feb 2009 15:34:24 -0500

On Feb 16 08:54 AM CLH wrote:

> After an eight year bull, I sold my gold stocks in March 2008. One
> year later gold has not moved. I dont like dead money.]]>
Be It Resolved: The Days of $500k Economists Are Over http://seekingalpha.com/article/120997-be-it-resolved-the-days-of-500k-economists-are-over?source=feed#comment-392444 392444

WTF?


"The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion. There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

Ludwig von Mises. (Human action. p. 572 mises.org/resources/32...)

First published in 1949.]]>
Tue, 17 Feb 2009 15:27:13 -0500

WTF?


"The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion. There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

Ludwig von Mises. (Human action. p. 572 mises.org/resources/32...)

First published in 1949.]]>
Bank Nationalization: It's Just Plain Wrong http://seekingalpha.com/article/120705-bank-nationalization-it-s-just-plain-wrong?source=feed#comment-389794 389794
Creating national good banks (a national commercial lending operation) on the other hand would be cheaper, more effectively isolate the banking problems from the rest of the economy and the banking muppets who invested in the toxic crap they are peddling will go down the tubes as they so richly deserve.]]>
Sun, 15 Feb 2009 18:47:02 -0500
Creating national good banks (a national commercial lending operation) on the other hand would be cheaper, more effectively isolate the banking problems from the rest of the economy and the banking muppets who invested in the toxic crap they are peddling will go down the tubes as they so richly deserve.]]>