jimm37

The Good, The Bad, And the Ugly in Bank Loans

I think the "All Chargeoffs % off All Loans" graph is useless without knowing what the average loan size is. It would have been better if a graph showing total chargeoff dollars as a percentage of total outstanding debt had been displayed.

Watching the New York Times Struggle

"All the News That's Fit to Print" also means "All the News WE want YOU to Read." The NYT lost paying readers that don't want unabashed liberal editorial opinion on the front page. I prefer to hold a newspaper, rather than read the news online, as there is something visceral about the printed word. These days, though, I choose not to spend my money there.

Three Stocks to 'Weatherize' Your Portfolio

"... General Electric (NYSE:GE), perhaps the best, safest energy and infrastructure play in the world." Talk about opposite points of view! This was posted a week ago:
seekingalpha.com/artic...

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

It makes no sense to compare Big 3's labor costs to anything else then other car manufacturers because that is their competition. And if Toyota/Honda/Nissan... can make a profit selling small cars, then Big 3 had better do that to or shut down their production lines.

The UAW has been nailing its coffin for years and it seems as the final nail is going in. Bailing out Big 3 is bailing out UAW and its anti-business practices. Will millions of workers and retirees get hurt? Of course. But, we, the taxpayers, shouldn't be funding their perks.

My mother used to work for a unionized grocery chain and had some fantastic benefits. As Sam's Club, Walmart, Target, Walgreen's, etc. and other non-union companies got into the market, the union realized they needed to help themselves so they agreed to tiered pay scales. New workers got less pay and benefits. This happened a few times in the last 20 years. The UAW had better learn to eat crow.

Iceland: When Too Big to Fail Becomes Too Big to Rescue

This is ridiculous. If an entity becomes too big to fail, then either it is too big to exist or must be regulated. Otherwise, the government must not interfere with normal market forces.