mykie's Comments mykie's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/286889/comments Bernanke: Higher Gold Prices Reflect Fundamentals, Not Inflation Expectations http://seekingalpha.com/article/179770-bernanke-higher-gold-prices-reflect-fundamentals-not-inflation-expectations?source=feed#comment-821418 821418 Fri, 25 Dec 2009 15:32:44 -0500 Stop Calling This 'Recovery' http://seekingalpha.com/article/179545-stop-calling-this-recovery?source=feed#comment-818734 818734

On Dec 23 09:52 AM User 516249 wrote:

> Someone help me!! is this where the money goes?
>
> 1 – More people on Earth
> -Requires more money in global economy
>
> 2 – Globe has become capitalist
> -Requires more money to satisfy need for accumulation
>
> 3 – 1 and 2 (predominately 2) drive inflation but do not produce
> (give back/spend) the value of the wealth proportionately needed
> to alleviate this inflation for everybody else]]>
Wed, 23 Dec 2009 10:33:40 -0500

On Dec 23 09:52 AM User 516249 wrote:

> Someone help me!! is this where the money goes?
>
> 1 – More people on Earth
> -Requires more money in global economy
>
> 2 – Globe has become capitalist
> -Requires more money to satisfy need for accumulation
>
> 3 – 1 and 2 (predominately 2) drive inflation but do not produce
> (give back/spend) the value of the wealth proportionately needed
> to alleviate this inflation for everybody else]]>
Matt Taibbi: Obama's Big Sellout http://seekingalpha.com/article/177869-matt-taibbi-obama-s-big-sellout?source=feed#comment-803696 803696

On Dec 13 10:01 AM Jabalong wrote:

> George Bush wanted to cut to the chase quickly and saw things in
> black and white, both traits which got him into trouble on poorly
> thought out and/or ideologically blinded bad policy. The opposite
> is the problem with Barack Obama, in that he seems keen to exhaust
> all possible debate and hear every opinion even if it means dragging
> things out. This was Bill Clinton's problem too - maybe it's the
> problem of voting deeper thinkers into executive rolls. That said,
> I'd rather have a president who thinks too much about issues, then
> one who's prone to not think them through enough. And maybe with
> Obama's more deliberative process, whereas his first year has seem
> underwhelming, his second year might deliver more obvious results
> of the seeds slowly sown in the first. In the end, Obama like any
> president should and will be judged by the sum of his term as president
> at the next election, and not just after the first year. And with
> that in mind, we'll have a much better idea of his presidency in
> a year or really two from now, at which point his presidency will
> start to shift into a more focussed re-election mode.]]>
Sun, 13 Dec 2009 10:25:27 -0500

On Dec 13 10:01 AM Jabalong wrote:

> George Bush wanted to cut to the chase quickly and saw things in
> black and white, both traits which got him into trouble on poorly
> thought out and/or ideologically blinded bad policy. The opposite
> is the problem with Barack Obama, in that he seems keen to exhaust
> all possible debate and hear every opinion even if it means dragging
> things out. This was Bill Clinton's problem too - maybe it's the
> problem of voting deeper thinkers into executive rolls. That said,
> I'd rather have a president who thinks too much about issues, then
> one who's prone to not think them through enough. And maybe with
> Obama's more deliberative process, whereas his first year has seem
> underwhelming, his second year might deliver more obvious results
> of the seeds slowly sown in the first. In the end, Obama like any
> president should and will be judged by the sum of his term as president
> at the next election, and not just after the first year. And with
> that in mind, we'll have a much better idea of his presidency in
> a year or really two from now, at which point his presidency will
> start to shift into a more focussed re-election mode.]]>
Banks Are Yet Again Under Pressure http://seekingalpha.com/article/107301-banks-are-yet-again-under-pressure?source=feed#comment-312389 312389
On a macro level, it has been waiting for leadership and vision. And if that leadership and vision doesn't come from the car makers then it must come from the government. It didn't. Not only didn't it come from the government but later, I think in the eighties, the CAFE laws were either abolished or lowered and the result was more gas guzzlers.

By now and from when gasoline hit $2.00 per gallon many years ago, shouldn't the post office, fire department, police departments, etc, be driving alternative fueled vehicles? Couldn't the cost of a recent pre-emptive and discretionary war with something to do with securing oil for future use been spent instead subsidizing these public fleets?

Finally we have a President with vision who will give us some leadership by aiming us towards alternative fuels and away from our oil addiction. So blame the car makers, our government and us, the ones that voted in an oil man for President.

On Nov 21 10:26 AM Lex Luz wrote:

> Seems to me that before we direct more blame and ire at the UAW,
> their contracts, and the workers they represent, we ought to consider
> the possibility that the executives and managers across these failed
> instituions MAY have had slightly more influence in setting "strategy"
> (in quotes for a reason) than did the swing shift frame assembly
> team at plant 413 or whatever.
>
> The fact is that all three of these companies have been failing for
> 35 years; their failure to anticipate and understand the first Honda
> Civic put the big three out of business as surely as did last year's
> gas-price bubble and the ongoing credit unwind.
>
> Of course the union contracts are a burden that can no longer be
> borne. No question that the UAW and its leadership have had a hand
> in driving this industry into the turf. The final responsibility,
> though, belongs with executives and management whose hubris through
> four decades of mind-bending decline now extends to going begging
> to Congress for a massive handout. The fact that they can't even
> be bothered to figure out how they would use that money realistically
> to transform their businesses is a clear indication of their incompetence
> first, and their arrogance more importantly.
>
> The unions are nothing more than a rat feasting on the hindquarters
> of this dead, rotting elephant.]]>
Sat, 22 Nov 2008 10:07:31 -0500
On a macro level, it has been waiting for leadership and vision. And if that leadership and vision doesn't come from the car makers then it must come from the government. It didn't. Not only didn't it come from the government but later, I think in the eighties, the CAFE laws were either abolished or lowered and the result was more gas guzzlers.

By now and from when gasoline hit $2.00 per gallon many years ago, shouldn't the post office, fire department, police departments, etc, be driving alternative fueled vehicles? Couldn't the cost of a recent pre-emptive and discretionary war with something to do with securing oil for future use been spent instead subsidizing these public fleets?

Finally we have a President with vision who will give us some leadership by aiming us towards alternative fuels and away from our oil addiction. So blame the car makers, our government and us, the ones that voted in an oil man for President.

On Nov 21 10:26 AM Lex Luz wrote:

> Seems to me that before we direct more blame and ire at the UAW,
> their contracts, and the workers they represent, we ought to consider
> the possibility that the executives and managers across these failed
> instituions MAY have had slightly more influence in setting "strategy"
> (in quotes for a reason) than did the swing shift frame assembly
> team at plant 413 or whatever.
>
> The fact is that all three of these companies have been failing for
> 35 years; their failure to anticipate and understand the first Honda
> Civic put the big three out of business as surely as did last year's
> gas-price bubble and the ongoing credit unwind.
>
> Of course the union contracts are a burden that can no longer be
> borne. No question that the UAW and its leadership have had a hand
> in driving this industry into the turf. The final responsibility,
> though, belongs with executives and management whose hubris through
> four decades of mind-bending decline now extends to going begging
> to Congress for a massive handout. The fact that they can't even
> be bothered to figure out how they would use that money realistically
> to transform their businesses is a clear indication of their incompetence
> first, and their arrogance more importantly.
>
> The unions are nothing more than a rat feasting on the hindquarters
> of this dead, rotting elephant.]]>
Conventional Wisdom Will Be Wrong http://seekingalpha.com/article/103204-conventional-wisdom-will-be-wrong?source=feed#comment-295096 295096
I say pick your favorite bouncing sector, (mine are the banks), pick a few ETF's, one up one down and then just watch those and nothing else. Learn where the bottom might be and how high a bounce might be and then sit by the comp and don't move...... You just have to eventually make money. (famous last words)]]>
Fri, 31 Oct 2008 10:55:09 -0400
I say pick your favorite bouncing sector, (mine are the banks), pick a few ETF's, one up one down and then just watch those and nothing else. Learn where the bottom might be and how high a bounce might be and then sit by the comp and don't move...... You just have to eventually make money. (famous last words)]]>