blisterchicken

Southeastern Asset Management: 10 Reasons to Be Bullish on Stocks

Can't wait to see what free energy does to the global economy. ):-O

2009: Year of the Ox (And What That Means for the Markets)

Greedy Loan Originators? Originators were selling what the banks the programs the banks created.

Kinda like calling a Yugo Salesman a poor engineer.

As far as shooting wars. Well, Israel has got to chill out. I don't have a full grasp of the conflict over there, but I'm going to assume Stephen Speilburg does. If anyone saw Munich, it looks like his opinion is that Israel isn't acting very Jewish, and he basically blames their escalated revenge for the increased extremism in terrorism.

Notice oil go up a bit when Israel started to attack Gaza?

And it's a pretty brutal policy they have. It's not like they are attacking hardened military targets like Saddams Bunkers in Iraq. They are blasting the crap out of slum neighborhoods. And yes, I know they are going after Hamas, but it seems to me if they backed off, and started treating the Palistinians like humans, maybe even started feeding them...it would deflate the Hamas & eventually end their terror.

Terror attacks in Iraq have decreased because the current commander understands this.

As far as a worldwide economic crisis. Well, we were sold the idea that downsizing was good, and that porting all of our manufacturing jobs to a communist country with virtual slaze labor was a good trade off for profits.

I predicted this was unsustainable and dangerous. Germany was uch more technically advance that the allies were in WW2, but the USA being a huge industrialized society just out built the Nazi war machine. Does a Sherman Tank hold a candle to a Panzer? Not a chance. But to 3 Shermans out gun a PAnzer...Damn right...(And OK, we had Patton and Eisenhower).

As far as needing more Marxism...well, in my opinion, the liberal use of Marxism is what has got us in this situation, ie my above example of porting away jobs to a communist counrty. It has sucked the middle class dry, and the short sighted captains of industry are loosing the subjects within their realm whom to sell their goods.

Now proper regulation is needed in several industries. Mainly the media! We have a Mediocracy in America now. Did you notice that the FCC regulations were passed, THEN NAFTA was shoved down out throats. They got rid of most of the dissenting opinion by making the media a big conglomerate tool for corporate adgenda driven greed. It's the huge corporations that are greedy, not some originator who sits in an office making phone calls all day.

The corporations have the rights of a person in court. So if you every go up against one, you are going against a multiheaded monster. Likewise when botton line profit is the ONLY focus of a corporation, what do we end up with...run away greed.

We need to figure out a way where companies are accountable to their local, and global communites in regards to ethics and human rights. Sounds a little hippy dippy, but in fact this is already somehting that is starting with many corpoations.

Wall Street Breakfast: Must-Know News

I think Israel is trying to artificially raise the price of oil by causing trouble. Did you see what they were bombing?

Please!

Hopefully we will see this as action that we can call them on they're BS finally as it's already been established that criticising Israel does not make one an anti-semite.

What Plaxico Burress Teaches You about Portfolio Management

Yeah, it's sad that dorks like Burress are out there giving money a bad name.

There are so many more positive things you can do with money besides guns & nightclubs.

Like fake guns & indie film for instance!

Probabaly make a decent indie film that turns a profit for a month's worth of his BS.

Wall Street Breakfast: Must-Know News

Outofchips for President!

Hell, I'll run with you!

Outofchips/Blisterchic... 2012

But, if the goon are still in charge...all I can say is that if they are dumping cash into loans, this supports my intuition about going to grad school. By the time I'm done we should be honky dory!

What Companies Will Benefit from Obama's Vision?

Well Gabe, what are the issues according to your vision.

For a lot of Americans the issues are the rampant greed that unfetter capitalism has wrought, the collapse of the dollar and a call for backing it with something real, and the loss of real jobs here in American because of NAFTA & PFTA.

Since our money was taken off gold, it has been tied to our ability to create wealth and produce goods. Well, what brainwave didn't see this comming when we farmed out most of our manufacturing jobs?

A Capitalist Reformation

The closing statement of this enlightening piece is the only part that troubles me.

How are we going to reclaim our status as the kings of manufacturing with the Damage NAFTA & China have done to our economy?

Do tell!

U.S. Manufacturing in Freefall

Yes Virgil is absolutely right!

So was Ross Perot. This makes it easier to sleep at night knowing I voted for him.

The sad truth is that Americans are so apathetic they don't even remember Perot's clarion call warning before this mess started. Does anyone remember the extensive speaking tour and TV appearances of Perot? Does anyone remember what he said?

He said once NAFTA is passed you will hear a big sucking sound, and that sound will be the loss of Jobs in the USA. Wow! And he wasn't even aware of PFTA with China. That has made it worse.

We need to ask what sovereignty is supposed to be. My feelings are that we will loose most of it in an American Union Sham. We may have our Bill of Right suspended as early as 2010 under this new “Union”.

And gee how convenient that our economy will be so screwed by then that the Sheeple masses will go along with it.

Change? Yeah you bet!

I just have a strong feeling their not going to get away with this one.

Wall Street Breakfast: Must-Know News

You said it right there axelrod608, "Could we at least require examination by forensic accountants of any company’s books that wants federal assistance?”

Why aren't we having a big investigation and congressional hearings about this?

Bail out? How about a find out? And get some accountability to ferret out the people who are behind this.

The runaway greed is amazing and sadly short sighted. Ralph Nader called for investigations into this. And also he pointed out that the treasury secretary is in bed with all his Wall Street buddie

Makes me happy I voted for Ron Paul. And let’s not forget our mind control media who ignored Paul & Nader. They are to blame here in a big way.

But I suppose the entire world is due for a huge change. I couldn't imagine on a global scale at least, people putting up with the way corporations have become these big greedy life eating machines. Since Americans seems to set trends worldwide, I look at this situation as a good opportunity to enact a fundamental change at the way we look at the dynamic between corporations and people.

Also, I kind of have to laugh at Europe through this. An entire WEEK went by where they were lambasting the US for its failed free markets, and then look what happened to their system. Pretty funny.

But bottom line here there is a change that will occur, and I don’t mean Obama. In fact if Obama wins, he will probably extend the life of the current system.

There are 575 people who are responsible for this mess. And it wouldn’t surprise me at all when the crows come home to roost on their lawns.

Around the Economic Globe in Five Minutes

Well, good thing we are experts at FHA lending in my shop. I suppose a little socialism is OK. It seems to be the only way to stem the tide of greed that got us into this mess.

Greed Kills and Other Observations

So are you using your above points as an alternative to the 700 Billion bail out? Or are you using these points as a point to move forward from.

If the latter is the case I disagree with one specific point. That is the No tax money should be involved. I say that because it is absolutely disgusting that the same companies who foreclosed on families because they wouldn't renegotiate their loans with people in strife were the ones who were bailed out. Makes no sense at all.

Granted, some of these loans should have never been written. 550 credit scores getting stated income stated asset loans? How risky was that? It was all short sighted greed game. Bust these poeple over the head for 4-8 points on a $150K property without a care if they could actually afford it. Craziness.

Then we have the pay-option ARM. Yikes! That to me is the single most destructive laon out there. But the profits were huge! How could a loan officer resist?

USA: The Biggest Obstacle to Global Banking Regulation

Moonbat1775's comment about 666 is pretty cool & funny.

Classic problem/reaction/solut... model playing out here. Seems created to gives us a solution that will benefit the world's top 1%.

Problem: credit markets in the USA are almost forzen

Reaction: American People "Oh no...please save us."

Solution: Well how about a nifty world banking regulation to help the good ole USA.

There are way too many good guys around to let this happen.

I'd like to see American Invest in local stock markets. Yeah the yields up at the NYSE are huge, but people will strengthen their communities by investing locally.

Welcome to the Google Economy

Well, this is good research to support the theory of the changing landscape. I said it before and I'll say it again, the internet will change the world the way Johanus Guttenberg's movable type changed Europe.

We are going through a money reformation. Wow imagine that bring ethics to the business world.

I'm still doing well because I've always practiced the Golden Rule. Treat others the way you want to be treated.

There's No Way to Go Back to Business as Usual

I hear a lot of people discussing the "elite" and the planned destruction of America going on here.

I wander when the US Forces will figure out whats going on, and do what they were swron in to do. Defend our country from all enemies, foreign and domestic.

Maybe it's because I was a Marine, but the thought of seeing a Marine General, or Navy Admiral, (yes I'm biased) on TV telling us that they've arrested all the people responsible for this mess would not bother me at all. I could see them doing a clean sweep, and reorganizing everything just to simply get our constitution back as the MAIN focus of our goverment's motivation. Their focus now seems to be greed.

Also, you have all these media enablers that are to blame. The talking heads and also the sensationalism and hero worship of greed is amazing.

Where is a man like Smedley Butler when you need him?

There's No Way to Go Back to Business as Usual

I hear on that Dr. Lasser!

When I worked at Stennis Space center on an SAIC contract for the National Data Buoy Center, a guy bragged to me about how he was on a junk project. Thought it was funny and brag worthy that for 2 years they showed up to work each day and worked about 2 hours, then screwed off. It was some sort of engineering project as I remember, and they basically bought a bunch of pre-made items, and re-assembled them.

I remember sitting there looking at this guy who was 20 years my senior and thinking...what the hell?

Also met many Defense Contractors for the Space Laser program. They had a computer animated presentation that they paid some big Hollywood Special FX firm $100K of OUR money!!! And the smug arrogance of the contractors was amazing!

I like Smedley Butler's idea that we should pull in all of our "forward" positions and only defend the USA with a set perimeter. The DOD and the cost of keeping people deployed all over the world is immense. And his War is A Racket speech is something that can now be paraphrased to central control of banks.

I think the whole thing is a big Ponzi Scheme! We need to gut it and revamp our entire money system. Base it on sustainable forests, clean air and water, clean power! Seems to me, that would be the only way corporations will be able to exist and allow humans to be on the same planet.

So as the enternal optimist, let me just say...this crisis is a good thing! It's going to spur in a new economy.