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  • Wall Street Breakfast: Must-Know News [View article]
    I like it. How about "Are you Smarter than a Fifth Grader". I bet the fifth graders on that show could do a better job than the "Talent" at AIG.

    On Dec 07 11:29 AM Dialectical Materialist wrote:

    > Maybe they should all just have to compete on a reality television
    > show... something like "So you think you can justify your $100 million bonus." Maybe pushing them off the building could be what happens when they get voted off...
    Dec 07 17:47 pm |Rating: +2 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    AIG Executives - give them their bonuses in large denomination bills in briefcases, then push them off the roof. The average taxpayer can scramble for the bills and sell the bloody one's on Ebay as souvenirs.
    Dec 07 10:24 am |Rating: +4 -1 |Link to Comment
  • Equities Update: Mixed Feelings Ahead of Earnings Season [View article]
    Increased earnings based on firing career employees and reduced inventories do not spell recovery.

    Asset reflation precedes inflation and bubbles popping.

    If you are a day trader you can play the bubble.

    If you are a retiree or regular investor and get in front of this train you will be hurt.

    The FED and the banks and hedge fund managers are counting on you standing on the railroad tracks with your pennies lined up with earplugs in and your back to the train.

    The jump in commodities tells us that many investors do not want to stand on the rails with their pennies; many have been there, done that.

    Fool me once shame on you, fool me twice - shame on me.
    Oct 07 22:22 pm |Rating: +3 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Oh dear...

    I see another bubble forming.

    CRE being kicked down the road and lower rental rates, asset reflation based on stimulus money and FED giving out free dollars and koolaid to the banks and Fannie/Freddie and FHA, "money on the sidelines" still on the sidelines or going into gold and TIPS and money markets.

    I keep looking back at the same scenario in 1929-1932. I hear people say we are in 1937 versus 1930. I don't see it.

    Perhaps we are in a "recovery" that will maintain the gains but I don't see it. What I see is a market and asset reflation greater than the market pop of 1929-1930 precisely because of the actions of the FED and stimulus which occurred faster and to a greater extent than 1929-1930.

    This would mean that the downward grind will be that much faster and greater than 1930-1932 and that is truly frightening.

    Pride comes before the fall.
    Oct 07 11:45 am |Rating: +3 0 |Link to Comment
  • Cramer's Mad Money - The Only Thing We Have to Fear Is Fear from Fund Managers (7/24/09) [View article]
    We really do need suckers to throw more money into the market before it crashes again. Buy, buy, buy Cramerites!

    John Thain needs a golden toilet.
    Jul 27 14:14 pm |Rating: 0 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The giant squid called "trillions in debt" is still stalking the nautilus; don't break out the champagne yet.

    Oh yeah, and Captain Nemo says don't worry, he's perfectly sane and loves all investors, please climb aboard!

    Delusional fantasies do work better if you recruit more converts.

    I concur with "Old Trader"; UPS numbers were AWFUL and they ship a LOT of consumer goods. Lots of others down too. Can we please not open that champagne on the "2% not as bad as the -46% we were expecting" headline.

    Really people. Positive thinking is one thing, smoking the hookah another.
    Jul 24 02:17 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Happy days are here again..."

    And the band played on.

    Does anyone really and truly believe we are "turning a corner"?

    Or are we just ginning the market up so the banks and traders can make some more cash before we hit 12% nationwide unemployment?

    More "irrational exuberance" more accurate?

    Things are down -66% but that is "less bad" than the 69% predicted so everything is better now?

    I feel like I'm at the Mad Hatter's tea party...
    Jul 21 09:58 am |Rating: +9 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    If I was given a million dollars of taxpayers money for free to lend out at 5% my balance sheet would look better too.

    Using debt to solve a debt crisis. Banks stealing our money to recover gambling losses and encourage lending to those who borrowed to gamble.

    Hey look! People are returning to the craps table and the roulette wheel! Happy Days are here again!

    Moan...
    Mar 25 09:03 am |Rating: +6 -1 |Link to Comment
  • Rate of Consumer Spending Decline Stabilizes - Overall Outlook Remains Grim [View article]

    "If your charts were done snazzier it would make the bad data look really good." Sheesh.

    Yeah, pretty charts will make a difference in what they say.

    Retail stores, and malls, are going down the tube.

    Kondratieff Winter coming; generational adjustment. Not what I want but what I feel, listen to your gut.
    Dec 20 00:00 am |Rating: 0 0 |Link to Comment
  • Black Friday vs. Cyber Monday: Gen X and Y vs. the Baby Boomers [View article]
    The younger generations will continue to debt spend, Mom and Dad still have cash and will bail them out.

    The silent generation are buying assault rifles and ammo to restore the Constitution ;-)

    If you follow the Sheeple you'll get fleeced sooner or later...
    Nov 29 19:37 pm |Rating: 0 -1 |Link to Comment
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