User 265729's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/265729/comments http://seekingalpha.com/article/117726-humility-of-realism-ii-seven-thoughts-about-our-whole-system?source=feed#comment-371625 371625
Since the server for Seeking Alpha is located in Israel, how do they pay for posts here?

Perhaps if I give a couple of links in regards to Seekin Alpha funding, etc, I think you'd find it interesting.

PS: Please give me lots of thumbs down so I'll no longer be a top contributer cecase Seekin Alpha, as it turns out, is a SHAM.]]> Fri, 30 Jan 2009 19:48:23 -0500
Since the server for Seeking Alpha is located in Israel, how do they pay for posts here?

Perhaps if I give a couple of links in regards to Seekin Alpha funding, etc, I think you'd find it interesting.

PS: Please give me lots of thumbs down so I'll no longer be a top contributer cecase Seekin Alpha, as it turns out, is a SHAM.]]> http://seekingalpha.com/article/117726-humility-of-realism-ii-seven-thoughts-about-our-whole-system?source=feed#comment-371509 371509
I'm sure you work for a government contractor in Herndon, Virgina.

How much to they pay you to do this? Is it by the post, or what?]]> Fri, 30 Jan 2009 16:36:11 -0500
I'm sure you work for a government contractor in Herndon, Virgina.

How much to they pay you to do this? Is it by the post, or what?]]> http://seekingalpha.com/article/117723-random-observations-on-the-gdp-announcement?source=feed#comment-371492 371492
Inventories

Adjusted prices

Revisions

$billions and $billions in inventories (and growing). The way it's constructed the GDP figures include inventories, so auto companies can produce $100 billion in cars and when nobody buys them, it's still a + for the GDP.

If you adjust for price changes, the GDP was the worst since 1958.

On top of this, expect the "usual" U.S. Government "revision" downward.

The economy is going down the drain faster and faster. Sorry bulls, but you are bull, that's for sure. Gold is +]]> Fri, 30 Jan 2009 16:18:15 -0500
Inventories

Adjusted prices

Revisions

$billions and $billions in inventories (and growing). The way it's constructed the GDP figures include inventories, so auto companies can produce $100 billion in cars and when nobody buys them, it's still a + for the GDP.

If you adjust for price changes, the GDP was the worst since 1958.

On top of this, expect the "usual" U.S. Government "revision" downward.

The economy is going down the drain faster and faster. Sorry bulls, but you are bull, that's for sure. Gold is +]]> http://seekingalpha.com/article/117150-i-m-old-school?source=feed#comment-369380 369380
When I hear CEOs speak or when outlooks are issues, most are not positive anytime in 2009 OR 2010. Stocks are significantly overpriced based on conditions and the only thing shilling them up is our tax $$$, but that won't continue past Q3 2009. They are hoping to buy a "lift" then do a psych job on invesors C/O the media like CNBC.

Won't work, but the government is doing the only thing they know how to do: Spend money.


On Jan 28 08:23 PM D. McHattie wrote:

> I will admit that I'm not a terribly experienced investor/speculator/tr...
> But one element I remember about doing a strategic analysis in b
> school is that you have to give consideration to the overall environment
> in which the business is operating.
>
> Governments are and have always been a critical component of environmental
> analysis and you ignore them at your peril.]]> Wed, 28 Jan 2009 22:17:45 -0500
When I hear CEOs speak or when outlooks are issues, most are not positive anytime in 2009 OR 2010. Stocks are significantly overpriced based on conditions and the only thing shilling them up is our tax $$$, but that won't continue past Q3 2009. They are hoping to buy a "lift" then do a psych job on invesors C/O the media like CNBC.

Won't work, but the government is doing the only thing they know how to do: Spend money.


On Jan 28 08:23 PM D. McHattie wrote:

> I will admit that I'm not a terribly experienced investor/speculator/tr...
> But one element I remember about doing a strategic analysis in b
> school is that you have to give consideration to the overall environment
> in which the business is operating.
>
> Governments are and have always been a critical component of environmental
> analysis and you ignore them at your peril.]]> http://seekingalpha.com/article/117150-i-m-old-school?source=feed#comment-369375 369375
I've never really seen CNBC not being bullish. Of course, when you get below the surface, where do they get their money? Ads from big business. Who do the talking heads get paid? I'm sure all of them have a segment paid by GE stock -- thus the glum faces on Cramer to Matt Lauer.


On Jan 28 09:33 PM keithpiccirillo wrote:

> I think you took the GS short off one day too soon.
> Cnbc must be listened to selectively - today I did watch the Heebner
> segment with Cramer. Watch MarketWatch on Bloomberg weekend.
> It is much less confrontational.
> That last week in November until last week period was predominantly
> bullish.]]> Wed, 28 Jan 2009 22:08:11 -0500
I've never really seen CNBC not being bullish. Of course, when you get below the surface, where do they get their money? Ads from big business. Who do the talking heads get paid? I'm sure all of them have a segment paid by GE stock -- thus the glum faces on Cramer to Matt Lauer.


On Jan 28 09:33 PM keithpiccirillo wrote:

> I think you took the GS short off one day too soon.
> Cnbc must be listened to selectively - today I did watch the Heebner
> segment with Cramer. Watch MarketWatch on Bloomberg weekend.
> It is much less confrontational.
> That last week in November until last week period was predominantly
> bullish.]]> http://seekingalpha.com/article/117150-i-m-old-school?source=feed#comment-369372 369372

On Jan 28 08:08 PM Just Say Whoa! wrote:

> "I cannot recall one moment when the government interfered in our
> so called free market."
>
> That's called "C.R.S", haha!
>
> To refresh your memory, here's a brief history of US Bailouts, including
> 3 bailouts done by -R presidents:
>
> * Continental Illinois National Bank and Trust Company 1984 Then
> the nation's eighth largest bank, Continental Illinois had suffered
> significant losses after purchasing $1 billion in energy loans from
> the failed Penn Square Bank of Oklahoma. The FDIC and Federal Reserve
> devised a plan to rescue the bank that included replacing the bank's
> top executives. $9.5 billion
>
> ● Savings & Loan 1989 After the widespread failure of savings
> and loan institutions, President George H. W. Bush signed and Congress
> enacted the Financial Institutions Reform Recovery and Enforcement
> Act in 1989. $293.3 billion
>
> ● Airline Industry 2001 The terrorist attacks of September 11 crippled
> an already financially troubled industry. To bail out the airlines,
> President Bush signed into law the Air Transportation Safety and
> Stabilization Act, which compensated airlines for the mandatory grounding
> of aircraft after the attacks. The act released $5 billion in compensation
> and an additional $10 billion in loan guarantees or other federal
> credit instruments.
>
> Source:
> www.propublica.org/spe...
>
> ]]> Wed, 28 Jan 2009 22:04:38 -0500

On Jan 28 08:08 PM Just Say Whoa! wrote:

> "I cannot recall one moment when the government interfered in our
> so called free market."
>
> That's called "C.R.S", haha!
>
> To refresh your memory, here's a brief history of US Bailouts, including
> 3 bailouts done by -R presidents:
>
> * Continental Illinois National Bank and Trust Company 1984 Then
> the nation's eighth largest bank, Continental Illinois had suffered
> significant losses after purchasing $1 billion in energy loans from
> the failed Penn Square Bank of Oklahoma. The FDIC and Federal Reserve
> devised a plan to rescue the bank that included replacing the bank's
> top executives. $9.5 billion
>
> ● Savings & Loan 1989 After the widespread failure of savings
> and loan institutions, President George H. W. Bush signed and Congress
> enacted the Financial Institutions Reform Recovery and Enforcement
> Act in 1989. $293.3 billion
>
> ● Airline Industry 2001 The terrorist attacks of September 11 crippled
> an already financially troubled industry. To bail out the airlines,
> President Bush signed into law the Air Transportation Safety and
> Stabilization Act, which compensated airlines for the mandatory grounding
> of aircraft after the attacks. The act released $5 billion in compensation
> and an additional $10 billion in loan guarantees or other federal
> credit instruments.
>
> Source:
> www.propublica.org/spe...
>
> ]]> http://seekingalpha.com/article/117128-bad-bank-does-not-trump-a-bad-market?source=feed#comment-369326 369326
Want to see something really funny from CNBC... Read or watch this and then look at the date:

www.cnbc.com/id/258484...

When you stop laughing, let me know what you think.


On Jan 28 08:14 PM Herbert Hoover wrote:

> Everything is fine. Next step Dow 14000!!!!!!!!!!
>
> Buy Buy Buy]]> Wed, 28 Jan 2009 20:38:45 -0500
Want to see something really funny from CNBC... Read or watch this and then look at the date:

www.cnbc.com/id/258484...

When you stop laughing, let me know what you think.


On Jan 28 08:14 PM Herbert Hoover wrote:

> Everything is fine. Next step Dow 14000!!!!!!!!!!
>
> Buy Buy Buy]]> http://seekingalpha.com/article/117150-i-m-old-school?source=feed#comment-369286 369286
I'm surprised anyone watches CNBC anymore. The best US source is Bloomberg, buy they are getting into the hype a bit lately too. If you want to see something funny from CNBC, check out this link that I found cleaning out my bookmarks on CNBC:

www.cnbc.com/id/258484...

Yep! You should have bought then!

I thought everyone could use a laugh...]]> Wed, 28 Jan 2009 19:24:32 -0500
I'm surprised anyone watches CNBC anymore. The best US source is Bloomberg, buy they are getting into the hype a bit lately too. If you want to see something funny from CNBC, check out this link that I found cleaning out my bookmarks on CNBC:

www.cnbc.com/id/258484...

Yep! You should have bought then!

I thought everyone could use a laugh...]]> http://seekingalpha.com/article/116989-buffett-s-s-p-500-puts-big-blunder?source=feed#comment-369278 369278 Wed, 28 Jan 2009 19:13:47 -0500 http://seekingalpha.com/article/117126-fomc-statement-redacted-version?source=feed#comment-369193 369193
"U.S. Stocks Gain, Extend Global Rally on Bank-Bailout Plan"]]> Wed, 28 Jan 2009 17:55:24 -0500
"U.S. Stocks Gain, Extend Global Rally on Bank-Bailout Plan"]]> http://seekingalpha.com/article/117126-fomc-statement-redacted-version?source=feed#comment-369190 369190
Maybe the U.S. Goverment is running a shill market.

Look at the markets today. Based on sound fundamentals? Based on any long-range outlook (1-2 years) that things will significantly improve? NO! When you hear this phrase on the news:

"Stocks rallied today [FILL IN THE BLANK WITH ANY ONE OF THE ITEMS BELOW]..."

1. ...after the House approved a bailout plan...

2. ...after a bailout plan was proposed...

3. ...when the government....

4. ...after the Fed said....

5. ...based on the Senate vote...

6 ...on a/an $X billion or $X trillion dollar stimulus...

Let me tell you something, when you have the U.S. Government saying that they'll do "whatever it takes," I assume they mean lie, cheat, steal and even kill to make things look good.

Meanwhile the IMF sharply revised the downbeat of the economy today and the International Labor Organization (ILO) said that 51 MILLION JOBS could be lost in the world THIS YEAR.

But this is all about appearances, not the real world economy.


]]> Wed, 28 Jan 2009 17:52:36 -0500
Maybe the U.S. Goverment is running a shill market.

Look at the markets today. Based on sound fundamentals? Based on any long-range outlook (1-2 years) that things will significantly improve? NO! When you hear this phrase on the news:

"Stocks rallied today [FILL IN THE BLANK WITH ANY ONE OF THE ITEMS BELOW]..."

1. ...after the House approved a bailout plan...

2. ...after a bailout plan was proposed...

3. ...when the government....

4. ...after the Fed said....

5. ...based on the Senate vote...

6 ...on a/an $X billion or $X trillion dollar stimulus...

Let me tell you something, when you have the U.S. Government saying that they'll do "whatever it takes," I assume they mean lie, cheat, steal and even kill to make things look good.

Meanwhile the IMF sharply revised the downbeat of the economy today and the International Labor Organization (ILO) said that 51 MILLION JOBS could be lost in the world THIS YEAR.

But this is all about appearances, not the real world economy.


]]> http://seekingalpha.com/article/117067-davos-09-and-the-failure-of-leadership?source=feed#comment-369023 369023
...wealthy nations appeared to be adopting a "lemming-like approach, trying to get to the precipice without knowing what their money would buy."

Trevor: The lemmings are off the cliff, one after the other.

]]> Wed, 28 Jan 2009 15:21:02 -0500
...wealthy nations appeared to be adopting a "lemming-like approach, trying to get to the precipice without knowing what their money would buy."

Trevor: The lemmings are off the cliff, one after the other.

]]> http://seekingalpha.com/article/117067-davos-09-and-the-failure-of-leadership?source=feed#comment-369021 369021
Look at the markets today. Based on sound fundamentals? Based on any long-range outlook (1-2 years) that things will significantly improve? NO! When you hear this phrase on the news:

"Stocks rallied today [FILL IN THE BLANK WITH ANY ONE OF THE ITEMS BELOW]..."

1. ...after the House approved a bailout plan...

2. ...after a bailout plan was proposed...

3. ...when the government....

4. ...after the Fed said....

5. ...based on the Senate vote...

6 ...on a/an $X billion or $X trillion dollar stimulus...

Let me tell you something, when you have the U.S. Government saying that they'll do "whatever it takes," I assume they mean lie, cheat, steal and even kill to make things look good.

Meanwhile the IMF sharply revised the downbeat of the economy sharply today and the International Labor Organization (ILO) said that 51 MILLION JOBS could be lost in the world THIS YEAR.

But this is all about appearances, not the real world economy.


]]> Wed, 28 Jan 2009 15:17:08 -0500
Look at the markets today. Based on sound fundamentals? Based on any long-range outlook (1-2 years) that things will significantly improve? NO! When you hear this phrase on the news:

"Stocks rallied today [FILL IN THE BLANK WITH ANY ONE OF THE ITEMS BELOW]..."

1. ...after the House approved a bailout plan...

2. ...after a bailout plan was proposed...

3. ...when the government....

4. ...after the Fed said....

5. ...based on the Senate vote...

6 ...on a/an $X billion or $X trillion dollar stimulus...

Let me tell you something, when you have the U.S. Government saying that they'll do "whatever it takes," I assume they mean lie, cheat, steal and even kill to make things look good.

Meanwhile the IMF sharply revised the downbeat of the economy sharply today and the International Labor Organization (ILO) said that 51 MILLION JOBS could be lost in the world THIS YEAR.

But this is all about appearances, not the real world economy.


]]> http://seekingalpha.com/article/116926-fannie-and-freddie-supply-curves-slope-up-demand-curves-slope-down?source=feed#comment-368934 368934 Wed, 28 Jan 2009 14:05:52 -0500 http://seekingalpha.com/article/117075-meanwhile-elsewhere-around-the-globe?source=feed#comment-368924 368924 ILO) of the United Nations said that 51 MILLION PEOPLE may lose their jobs THIS YEAR.

This is absolutely scary stuff. This will have serious consequences for the stability of all nations.
]]> Wed, 28 Jan 2009 13:59:13 -0500 ILO) of the United Nations said that 51 MILLION PEOPLE may lose their jobs THIS YEAR.

This is absolutely scary stuff. This will have serious consequences for the stability of all nations.
]]> http://seekingalpha.com/article/117028-reinventing-fomc-commentary?source=feed#comment-368915 368915
Propping-up what's left of the housing bubble sounds like a swell idea. Then homeowners can get smaller, but none-the-less, effective home equity loans so they can do their grocery shopping.

"Bernanke and Co have zero credibility." Bernanke is making sure everyone in the Fed is lock step with his policies -- no dissent. Bernanke and Co. are making sure everyone is following his flawed policies. Today, at Davos, South Africa's PM, Trevor Manuel, said the major economies are acting like "lemmings."

Bernanke: Last one over the cliff is a rotten egg.



]]> Wed, 28 Jan 2009 13:55:23 -0500
Propping-up what's left of the housing bubble sounds like a swell idea. Then homeowners can get smaller, but none-the-less, effective home equity loans so they can do their grocery shopping.

"Bernanke and Co have zero credibility." Bernanke is making sure everyone in the Fed is lock step with his policies -- no dissent. Bernanke and Co. are making sure everyone is following his flawed policies. Today, at Davos, South Africa's PM, Trevor Manuel, said the major economies are acting like "lemmings."

Bernanke: Last one over the cliff is a rotten egg.



]]> http://seekingalpha.com/article/117031-baltic-dry-index-close-to-a-relative-strength-buy-signal-vs-the-s-p-500?source=feed#comment-368902 368902
I'm not sure if you totally understand the Baltic Dry fully, but they only approach a "break even" point when it reaches about 3,000, maybe more depending on the country, carrier, etc. To make a profit... Nowhere even near that right now.

To relate the Baltic Dry to the S&P, Dow, etc, especially in the current climate, is not appropriate. Right now the markets are "shills" for government intervention. How high is the Dow and S&P? How big is the latest bailout package? They can't drop about $1 trillion a quarter to support the markets, while the real economy is imploding faster and faster. The world's markets, currently, are all for "appearances"...

When a government, like ours in the USA, makes a statement that they will do "whatever it takes" to turn the economy around, I assume that means lying, cheating, stealing and even killing to get it done.]]> Wed, 28 Jan 2009 13:44:42 -0500
I'm not sure if you totally understand the Baltic Dry fully, but they only approach a "break even" point when it reaches about 3,000, maybe more depending on the country, carrier, etc. To make a profit... Nowhere even near that right now.

To relate the Baltic Dry to the S&P, Dow, etc, especially in the current climate, is not appropriate. Right now the markets are "shills" for government intervention. How high is the Dow and S&P? How big is the latest bailout package? They can't drop about $1 trillion a quarter to support the markets, while the real economy is imploding faster and faster. The world's markets, currently, are all for "appearances"...

When a government, like ours in the USA, makes a statement that they will do "whatever it takes" to turn the economy around, I assume that means lying, cheating, stealing and even killing to get it done.]]> http://seekingalpha.com/article/116989-buffett-s-s-p-500-puts-big-blunder?source=feed#comment-368843 368843
In the "real economic world" I can't see how many of his placements will do very well for the next few years when you look at other investments. Then, dure to the losses of BH, it will take time to dig out from the hole.

I think his formula worked great for a time, but so did the Atkin's Diet. Time for something new, based on a new reality.]]> Wed, 28 Jan 2009 13:18:05 -0500
In the "real economic world" I can't see how many of his placements will do very well for the next few years when you look at other investments. Then, dure to the losses of BH, it will take time to dig out from the hole.

I think his formula worked great for a time, but so did the Atkin's Diet. Time for something new, based on a new reality.]]> http://seekingalpha.com/article/117069-new-york-times-results-digital-revenues-down-overall-picture-bleak?source=feed#comment-368828 368828
Doesn't the New York Times have that know-it-all and Nobel Prize winning economist, Paul Krugman, on their staff as a columnist? I guess Mr. Krugman's Keynesian economics aren't working for the NYT Corp.

If Krugman can't help the NYT, where does that leave everybody else?
]]> Wed, 28 Jan 2009 13:10:34 -0500
Doesn't the New York Times have that know-it-all and Nobel Prize winning economist, Paul Krugman, on their staff as a columnist? I guess Mr. Krugman's Keynesian economics aren't working for the NYT Corp.

If Krugman can't help the NYT, where does that leave everybody else?
]]> http://seekingalpha.com/article/116774-10-takeaways-from-the-greenspan-years?source=feed#comment-368137 368137
Here's one:

Takeaway money from the American taxpayers. ]]> Tue, 27 Jan 2009 19:21:38 -0500
Here's one:

Takeaway money from the American taxpayers. ]]> http://seekingalpha.com/article/116784-twenty-two-years-of-job-creation-wiped-out-in-a-single-day?source=feed#comment-367949 367949
Keep in mind this number is ONLY related to job losses of major players. All of the employees who lose their jobs at smaller stores and businesses -- not included in these major stories -- and I'll bet there are tens of thousands of those people too.


On Jan 27 03:17 PM Owen wrote:

> I'm not sure what the point of this article is. Firstly, the 75,000
> number is not a daily number. The monthly reports from the Fed indicate
> a rate of around 20,000 jobs lost per day.
>
> But more importantly, what does the comparison of jobs created by
> companies that Mr. Wilson dealt with and jobs reported lost in the
> US economy on Monday tell us? Likely, that the US economy is far,
> _far_ larger than just the few companies Mr. Wilson has done business
> with. Big surprise!]]> Tue, 27 Jan 2009 15:23:03 -0500
Keep in mind this number is ONLY related to job losses of major players. All of the employees who lose their jobs at smaller stores and businesses -- not included in these major stories -- and I'll bet there are tens of thousands of those people too.


On Jan 27 03:17 PM Owen wrote:

> I'm not sure what the point of this article is. Firstly, the 75,000
> number is not a daily number. The monthly reports from the Fed indicate
> a rate of around 20,000 jobs lost per day.
>
> But more importantly, what does the comparison of jobs created by
> companies that Mr. Wilson dealt with and jobs reported lost in the
> US economy on Monday tell us? Likely, that the US economy is far,
> _far_ larger than just the few companies Mr. Wilson has done business
> with. Big surprise!]]> http://seekingalpha.com/article/116762-dollar-gains-on-weakening-consumer-confidence?source=feed#comment-367944 367944
There are major structural problems hitting the consumer out in the "real world economy" everywhere they turn.

1. Higher food prices.

2. No asset bubble to obtain unlimited credit to fulfill their every want.

3. Job destruction that is becoming exponential.

4. Their major assets (home/real estate, SUV's, boats, motorcycles. etc.) tumble in value.

5. Increased taxes loom at the federal, state and local levels.

6. Increasing personal debt thanks to increase credit card interest and fees.

The other problem consumers have is that they look at the B.S. on television about things getting better "soon," while they look around is see the real world going down the drain.]]> Tue, 27 Jan 2009 15:18:54 -0500
There are major structural problems hitting the consumer out in the "real world economy" everywhere they turn.

1. Higher food prices.

2. No asset bubble to obtain unlimited credit to fulfill their every want.

3. Job destruction that is becoming exponential.

4. Their major assets (home/real estate, SUV's, boats, motorcycles. etc.) tumble in value.

5. Increased taxes loom at the federal, state and local levels.

6. Increasing personal debt thanks to increase credit card interest and fees.

The other problem consumers have is that they look at the B.S. on television about things getting better "soon," while they look around is see the real world going down the drain.]]> http://seekingalpha.com/article/116049-cramer-s-mad-money-cramer-s-lovin-mcdonald-s-1-26-09?source=feed#comment-367939 367939
Bathrooms: Filthy

Employees: High school education or GED?

Building Maintenance: Absent

Meals: Small, to smaller, to smallest

But, it will get you a profit – in the SHORT TERM.

Cramer does it again with his incredible "insight."

]]> Tue, 27 Jan 2009 15:12:02 -0500
Bathrooms: Filthy

Employees: High school education or GED?

Building Maintenance: Absent

Meals: Small, to smaller, to smallest

But, it will get you a profit – in the SHORT TERM.

Cramer does it again with his incredible "insight."

]]> http://seekingalpha.com/article/116784-twenty-two-years-of-job-creation-wiped-out-in-a-single-day?source=feed#comment-367935 367935
The interesting thing about the job losses are the key word you used" "created." I can't recal the exact number, but our USA economy requires a job creation rate of several 1,000 jobs a month to break even. When you refer to zero job creation or job losses it's really bad news.

Even with the creation of 1.5 to 3 million jobs over the next few years under Obama's plan, that will mean a net decrease if the job losses continue at this clip (and the rate is projected to increase after this quarter and possibly beyond).]]> Tue, 27 Jan 2009 15:06:59 -0500
The interesting thing about the job losses are the key word you used" "created." I can't recal the exact number, but our USA economy requires a job creation rate of several 1,000 jobs a month to break even. When you refer to zero job creation or job losses it's really bad news.

Even with the creation of 1.5 to 3 million jobs over the next few years under Obama's plan, that will mean a net decrease if the job losses continue at this clip (and the rate is projected to increase after this quarter and possibly beyond).]]> http://seekingalpha.com/article/116731-while-i-went-fishing-the-fed-slowed-down?source=feed#comment-367917 367917
I think Einstein once said, "The definition of an idiot is a person who does the same thing and expects a different result."

I'm just sorry the Fed wasted $trillions down a black hole for New Deal II, then Japan Retro 1980's.

Maybe taxpayers can garnish Bernanke's paychecks.
]]> Tue, 27 Jan 2009 14:54:53 -0500
I think Einstein once said, "The definition of an idiot is a person who does the same thing and expects a different result."

I'm just sorry the Fed wasted $trillions down a black hole for New Deal II, then Japan Retro 1980's.

Maybe taxpayers can garnish Bernanke's paychecks.
]]> http://seekingalpha.com/article/116571-at-least-43-000-new-obamaconomy-workers-freed-up?source=feed#comment-367046 367046
I've always enjoyed you items on SA, but the "Obamaconomy" reference was a bit caustic. This problem, as I see it, has spanned both Democratic and Republican administrations and is the result of sweeping things under the rug so long that it finally bit us where "the sun don't shine."

Personally, I didn't vote for Obama, but I sure wish him all the luck in the world. He's going to need it.]]> Mon, 26 Jan 2009 20:57:18 -0500
I've always enjoyed you items on SA, but the "Obamaconomy" reference was a bit caustic. This problem, as I see it, has spanned both Democratic and Republican administrations and is the result of sweeping things under the rug so long that it finally bit us where "the sun don't shine."

Personally, I didn't vote for Obama, but I sure wish him all the luck in the world. He's going to need it.]]> http://seekingalpha.com/article/116571-at-least-43-000-new-obamaconomy-workers-freed-up?source=feed#comment-367041 367041
I just want to make a couple of comments:

EMS: "Money spent on infrastructure is an investment." It depends... Why build highways? When oil shoots back up as id did this past summer the governments were not getting enough in taxes to maintain the highway system we have now. QUESTION: Is this the future? OR... Do we need to build a better mass transit system for both urban and rural areas. It seems to me that working on our current system is an answer for the 1950's, not today.

I really feel that they are going to be way off on the spread of unemployment -- it can be exponential since our economy is consumer-spending dependent. If realistically reported, unemployment could reach 20-30 percent by the end of this year. I know that sounds crazy, but I think it is possible.

Then... The unemployment reduces revenues and on and on it goes... Next we'll need to bailout every state, county, city and town in the United States. How is this going to work out?

]]> Mon, 26 Jan 2009 20:48:46 -0500
I just want to make a couple of comments:

EMS: "Money spent on infrastructure is an investment." It depends... Why build highways? When oil shoots back up as id did this past summer the governments were not getting enough in taxes to maintain the highway system we have now. QUESTION: Is this the future? OR... Do we need to build a better mass transit system for both urban and rural areas. It seems to me that working on our current system is an answer for the 1950's, not today.

I really feel that they are going to be way off on the spread of unemployment -- it can be exponential since our economy is consumer-spending dependent. If realistically reported, unemployment could reach 20-30 percent by the end of this year. I know that sounds crazy, but I think it is possible.

Then... The unemployment reduces revenues and on and on it goes... Next we'll need to bailout every state, county, city and town in the United States. How is this going to work out?

]]> http://seekingalpha.com/article/116574-should-we-relax-capital-requirements?source=feed#comment-367020 367020
]]> Mon, 26 Jan 2009 20:29:38 -0500
]]> http://seekingalpha.com/article/116564-deflation-risk-dipping-as-stagflation-risk-rises?source=feed#comment-367016 367016
Soup kitchens are running out of food, homeless are overwhelming centers in New York, in California people can't get through to file for unemployment insurance due to millions of calls a day to their switchboard.

To be honest with you, I find it rather despicable that some wish to paint the economic conditions in our country in such a positive light, while people are hungry, cold, homeless, unemployed and have NO HOPE. Do you know how many people lost their jobs TODAY? Some people must live in an alternate reality.


On Jan 26 07:47 PM MGA_1 wrote:

> I think we are in for:
> - Asset deflation (real estate, stocks)
> - Commodity inflation (metals, foods, etc)
>
> In pure numeric value, the asset deflation may slow or stop if the
> fed prints enough money, but we should see along with that tremendous
> takeoff in commodity prices.
>
> As of right now I am long TBT with the belief the treasury market
> will lose value, then into gold. This may change of course.
>
> I see a comment above that this is just like the great depression.
> I don't think we are anywhere close to that yet, but then again,
> this thing has *just* gotten started (I consider '08 the prelude).
>
>
> I hope for the best, but in six months, things may be quite a bit
> different.]]> Mon, 26 Jan 2009 20:21:43 -0500
Soup kitchens are running out of food, homeless are overwhelming centers in New York, in California people can't get through to file for unemployment insurance due to millions of calls a day to their switchboard.

To be honest with you, I find it rather despicable that some wish to paint the economic conditions in our country in such a positive light, while people are hungry, cold, homeless, unemployed and have NO HOPE. Do you know how many people lost their jobs TODAY? Some people must live in an alternate reality.


On Jan 26 07:47 PM MGA_1 wrote:

> I think we are in for:
> - Asset deflation (real estate, stocks)
> - Commodity inflation (metals, foods, etc)
>
> In pure numeric value, the asset deflation may slow or stop if the
> fed prints enough money, but we should see along with that tremendous
> takeoff in commodity prices.
>
> As of right now I am long TBT with the belief the treasury market
> will lose value, then into gold. This may change of course.
>
> I see a comment above that this is just like the great depression.
> I don't think we are anywhere close to that yet, but then again,
> this thing has *just* gotten started (I consider '08 the prelude).
>
>
> I hope for the best, but in six months, things may be quite a bit
> different.]]> http://seekingalpha.com/article/116564-deflation-risk-dipping-as-stagflation-risk-rises?source=feed#comment-367009 367009
From Bloomberg:

www.bloomberg.com/apps...

]]> Mon, 26 Jan 2009 20:10:20 -0500
From Bloomberg:

www.bloomberg.com/apps...

]]>