ebworthen

Why a Market Crash Doesn’t Matter

What's all this nonsense about the stock markets and the middle class and morals and ethics; if you can juice the markets, sucker the retiree, and squeeze some blood out of the average schmuck investor do it.

Stock markets? Humbug!

Milk the peasants, starve the orphans, steal from the widows.

Humbug I say, bah humbug!

Get to work Cratchett - you worthless buy and holder!

NY Times lashes out at Lloyd Blankfein's (GS) non-apology for "participating in things that were clearly wrong and we have reasons to regret." Times wants Goldman to give "a multibillion-dollar gift to the federal Bureau of the Public Debt... The donation can come from the bonuses; that way, it would not harm shareholders, because they only get their cut after the bonuses are paid."

A nice riot is what we need; 85 Broad Street surrounded by an angry mob. A tar and feathering would be refreshing as well.

The Twenty Year Stock Bubble Is Still Inflated

Wow - lots of stock and equity bugs reading your article John.

I wonder what platitudes and slurs The Roman prelates and wealthy merchants flung the way of the Barbarians at the Gates? They no doubt ate their words before much time passed; and were shocked to see the spear in their gut.

Rome wasn't built in a day, but it didn't collapse in a day either.

A Rough Day at the Office for Tim Geithner

Hangings are in order for all of these two-faced equivocating baboons.

It's political theater; nothing more, nothing less.

Market Volume: Still an Unanswered Question

Low Volume = money on the sidelines staying there and rightly so.

Tax Uncertainty and Homebuilder EFts

SA - Please dump the spamming jerks ASAP

Real Estate ETF's or Real Estate in general at this time = buying ocean front property with 80% down and no insurance at the height of hurricane season.

Honestly, housing prices, sales, and the whole market have nowhere to go but down in the next 3-5 years.

Scariest Financial Site On The Web: Part 3

U.S. Debt Clock = Nice link, thanks.

The crisis solution will be to confiscate personal assets and allow you to live here and be defended or drafted by the military when the war with the Russian/Chinese alliance begins and we fight over the oil fields in the Middle East so we have fuel to grow food (run tractors, harvesters, make fertilizers and pesticides, transport and process the food).

Scariest Financial Site On The Web: Part 3

As soon as they pass national healthcare, add 3 trillion, and figure in another 12 million that won't look for work or cross the border because they'll get free healthcare. Increase unemployment due to layoffs to unload healthcare liabilities and taxes for employees.

Yikes.

25 Reasons We Will Not Have a Depression

Well...someone has to pick the daisies for the funeral...

10 Reasons to Believe That We're in a Depression

Oh dear, too much koolaid.

Politics is the distraction.

Demicans versus Republicrats is old hat.

Get with the program.


On Nov 20 12:41 PM jr007 wrote:

> Healthy comments??? This site has more downers... than a roller coaster.
> Positive attitudes produce positive results. You "shorters" are probably
> deserve to take it in the shorts. This country is doing everything
> possible ...to rectify the serious Repub's pandering to their corporate
> contributors for the last 8 years. Go Obama!!
> Jr007

Regulators close a Commerce Bank in Fort Myers, Fla. - the year's 124th bank failure - at an estimated cost to the Deposit Insurance Fund of $23.6M.

"There is no banking crisis..." (wave of the Jedi hand) "Yes, there is no banking crisis..." guard respsonds. "That is not HFT done by our droid's..." (wave of Jedi hand). "Yes...your droid...perfectly legal..proceed".

"You will not report a crisis, a depression, or a run on the banks..." (wave of GS Jedi Finger)..."Yes, there are no problems whatsoever..."

Yields on three-month T-bills are back at 0.005% after spending part of Thursday and Friday in negative territory - considered extreme risk aversion, where institutional investors are paying the government just to safely hold their money - but John Jansen says compared with last fall, this time negative rates are just a technical phenomenon.

.0005% is better than losing 40% any day

[[UPS]] says that on Jan. 4 it will raise rates on ground packages by about 4.9%, and hike rates a net 4.9% on air express and international shipments originating in the U.S.

Inflation? What inflation? Oh wait...

The Twenty Year Stock Bubble Is Still Inflated

A 40% drop in markets (market cap. versus GDP of 100% current - 61.8% average) would bring them back to a rational amount, which would be the March lows.

However, the March lows were so much worse than the insane highs of October 2007 - with everyone's retirement and pension invested - that they have desperately reflated the bubble.

Inflation adjusted gold should be $2,000 an ounce, and the value of the markets in relation to gold is inflated as well. Housing prices are similarly inflated and require a 40% drop as well to be in line with historical prices in relation to wages.

The liquidity driven bubbles are huge and out of touch with the reality of median wages, healthcare costs, and overall employment of people in CAREERS, not just "jobs".

Japan in the Tank

A weak Japan will only embolden China and North Korea. People in Taiwan must be worried.

A weak Japan means that we have a weak ally in the Pacific if we could call them that; or a weak deterrent to communist conquest. I don't know how much Australia could help if China decided to acquire Pacific territory.

I sure hope our Pacific Fleet is growing and updating but I kind of doubt it.