patio

Thursday Outlook: Commodities, Emerging Markets

My day now starts with two cups of coffee, ground myself, and David Fry.
It's unfortunate, because then most of the other SA articles fail to inspire or amuse.

Tuesday Outlook: Commodities, Emerging Markets

How timely, from ABC news article, "upper income earners seek to avoid Obama's tax hike'. Well, duh. An excerpt...


Dr. Sharon Poczatek, who runs her own dental practice in Boulder, Colo., said that she too is trying to figure out ways to get out of paying the taxes proposed in Obama's plan.

"I've put thought into how to get under $250,000," said Poczatek. "It would mean working fewer days which means having fewer employees, seeing fewer patients and taking time off."

"Generally it means being less productive," she said.

"The motivation for a lot of people like me – dentists, entrepreneurs, lawyers – is that the more you work the more money you make," said Poczatek. "But if I'm going to be working just to give it back to the government -- it's de-motivating and demoralizing."

Tuesday Outlook: Commodities, Emerging Markets

The problem is the Repubs have turned into Dems-lite. While we have voices in Rush, hannity, et al, they are indeed entertainers or at best commnetators. It is a sad state of affairs when they are the most articulate voices of conservatism, not statesmen like Reagan.
The country needs leaders in politics, to get voted in, and articulate conservative values and lead.
- people creat jobs, not government
- its our money, not theirs
- the folks carrying the water should be be penalized, so they can create jobs for the ones now only drinking the water
- NO ONE IS "ENTITLED" TO ANYTHING THEY DON'T EARN; we need to address the budget, there is no way we can lower the national debt otherwise
- increasing the marginal rates ( soak the rich ) has NEVER worked; the idea is to increase tax revenues, to bring more money in. The rich know how to avoid higher taxes; expand out of country; don't expand ( to hell with you ); exploit the 21K page tax code
- Obama's plan will crush the economy, crush job creation, crush tax revenues.

You can complain all you like about Reagan or the idiot Bush ( I agree, he was an idiot ), but they weren't Jimmy Carter or socialists.


On Mar 03 09:16 AM Sentinel wrote:

> True patio.......
>
> But how come with with Republicans in power for most of the last
> 25 years, with voices on the airwaves like Rush Limbaugh, Laura Ingraham,
> Sean Hannity, Neil Boortz....Hell... for that matter Fox news......
>
>
> How come we are losing? What is it that the Republicans are failing
> to articulate?
>
> Or could it be that Republicans have for too long been in bed sleeping
> with the Democrats to the point that this mass of uneducated American
> Sheeple really do not see a difference between the two except that
> Democrats are HONEST about stealing your money and forwarding their
> agenda of socialism and the Republicans simply want to do it on a
> much slower basis all the while giving their Wall Street Whores all
> the Corporate Socialism they could ever want.....(TARP under Bush/Bernanke/Paulson
> anyone?)
>

Tuesday Outlook: Commodities, Emerging Markets

Socialism isn't stupidity, they know exactly what they are doing. It's an abject power grab, using the crisis to buy future votes, instead of fixing the issue to the degree possible. The more sheeple who believe government is their salvation, not themselves, the more power the socialists attain.
We will either wrest the country back soon, or we are doomed for decades.


On Mar 03 04:37 AM Schweizer wrote:

> The Obama budget was the trigger. It suppresses economic activity
> rather than promotes it, and it punishes anyone trying to make a
> profit through increased taxation to feed an ever increasing government.
> This is the exact opposite of what's needed.
>
> I didn't think he was that stupid, but I am obviously wrong.

Valuations Alone Don't End Bear Markets

"the good news is that Obama's $900 billion (or whatever the final sum is) fiscal spending package combined with another spending plan to follow in 2010 - will eventually arrest deflation as the economy begins to bottom. But I don't think we're there just yet."

Many estimate total wealth loss by mid-year 2009 to hit around $15T. That is in the US alone, doesn't take into account global losses. Unemployment will still be in the mid-teens ( true unemployment ); credit will be available to only those that can actually afford more debt.
The stimulus package, even if were 100% effective, is a drop in the bucket.But of course it's not, its a ridiculous vote-buying porkulus.
The boomers will never upsize again in their lives, they will be savers until death; they really have no choice now.
So anyone searching for bottoms, or return to "normal", whatever the hell that is, have a long long wait.

Wednesday Outlook: Commodities, Emerging Markets

David can speak for himself, but what he does here at SA is bring constantly updated data, excellent data, sprinkled with some much needed humor and the occasional concise opinion. If he trades, at least he is doing it with his money, or money entrusted to him willingly, unlike the DC crowd.
I don't trade, I'm here to learn, to safeguard my money in an increasingly unclear future. I read everyone's opinions, and try to come to my own conclusions, and I never miss David's columns.
SA is invaluable, as things are changing so rapidly- forgt buy and hold for some time, I wish it weren't so.


On Feb 04 06:32 AM atitagain wrote:

> what good do you do all day besides trading stocks trying to make
> a dime? I'm not a huge fan of DC either but whether we are on wall
> st. or main st., we are all scumbags nonetheless.

Economic Efficiency Cannot Be Calculated

Steve, was Earl a cocaine dealer? :)

Tuesday Outlook: Commodities, Emerging Markets

Merry Christmas and Happy New Year.
Thank you David for the combination of real data mixed with insightful humor- we need both.

Friday Outlook: Commodities, Emerging Markets

Great video- will markets correct back to Woodstock?
When logic and proportion have fallen sloppy dead, remember what the doormouse said, 'Feed you head".
As good advise as most one hears these days.

What Happened to Demand?

I think "nirvana" would be a return to credit actually based on a person or company's ability to re-pay. We need those gruff old bankers in Jimmy Stewart movies to be back in charge.