Gedankonomist's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/291518/comments http://seekingalpha.com/article/177482-copenhagen-high-water-mark-for-the-global-warming-movement?source=feed#comment-799863 799863
How, while the Obama adminstration "voluntarily" trades away the American manufacturing base for "carbon credits?"]]> Thu, 10 Dec 2009 11:08:13 -0500
How, while the Obama adminstration "voluntarily" trades away the American manufacturing base for "carbon credits?"]]> http://seekingalpha.com/article/176572-introducing-sukuk-islamic-loophole-for-dubai-debt-debacle?source=feed#comment-790840 790840
What hypocrite.

On Dec 04 10:50 AM notsosmart wrote:

> LOL-more religious nonsense.when it comes to the bottom line all
> religions will find a way & create a board that oversees the
> bs.here in the usa they want fire & police protection but not
> make even a small contribution to the tax base.they want main sts
> & aves for parades but not pay a penny towards police overtime.if
> a politician challenges their ideas or secrecy he is pilloried.]]> Fri, 04 Dec 2009 16:17:54 -0500
What hypocrite.

On Dec 04 10:50 AM notsosmart wrote:

> LOL-more religious nonsense.when it comes to the bottom line all
> religions will find a way & create a board that oversees the
> bs.here in the usa they want fire & police protection but not
> make even a small contribution to the tax base.they want main sts
> & aves for parades but not pay a penny towards police overtime.if
> a politician challenges their ideas or secrecy he is pilloried.]]> http://seekingalpha.com/article/176058-copenhagen-to-establish-new-entitlement-borrowing-to-give?source=feed#comment-787104 787104
Obama will get the money by simply having the FED print it. Or as you say, China will pay, with money it's own central banks prints. The communist manifesto says there should be a central bank. We have a lot more in common with our comrades in China than just a central bank though.]]> Wed, 02 Dec 2009 16:36:16 -0500
Obama will get the money by simply having the FED print it. Or as you say, China will pay, with money it's own central banks prints. The communist manifesto says there should be a central bank. We have a lot more in common with our comrades in China than just a central bank though.]]> http://seekingalpha.com/article/174151-copper-gold-and-coal-poised-to-break-out?source=feed#comment-767558 767558
On Nov 18 04:52 PM Fitz919 wrote:

> You read way too much into your charts. It's far too narrow a view
> for anyone looking to invest new money today.]]> Thu, 19 Nov 2009 12:54:02 -0500
On Nov 18 04:52 PM Fitz919 wrote:

> You read way too much into your charts. It's far too narrow a view
> for anyone looking to invest new money today.]]> http://seekingalpha.com/article/173659-other-precious-metals-etfs-to-watch-as-gold-continues-to-rise?source=feed#comment-763687 763687
Look at a 1964 quarter. This quarter is made of 90% silver so its "junk" value is a little over $3 in FED notes. (See the website coinflation.com.)

In 1964, that quarter could buy you a gallon of gas. Today, it can still buy you a gallon of gas.

So it's not that silver, gold, etc. has gone up, but it is the FED dollar that has gone down. This is what the Keynesians don't want you to know.

That way, they get rich while you remain poor and ignorant. So they use their lapdogs in the media to teach you that you are a "kook" if you think that gold, silver, etc. is a good investment. That in part, drives the price down. Which is fine with me, because it creates a longer buying opportunity; they cannot keep it up for ever. So eventually the price will go to where it should be.

The only risk is that when it finally fails, the scheme will "snap;" i.e. there might be hyperinflation. Then perhaps they might try to pull the same stunt that FDR did in 1933. So hide your stuff.]]> Tue, 17 Nov 2009 10:15:36 -0500
Look at a 1964 quarter. This quarter is made of 90% silver so its "junk" value is a little over $3 in FED notes. (See the website coinflation.com.)

In 1964, that quarter could buy you a gallon of gas. Today, it can still buy you a gallon of gas.

So it's not that silver, gold, etc. has gone up, but it is the FED dollar that has gone down. This is what the Keynesians don't want you to know.

That way, they get rich while you remain poor and ignorant. So they use their lapdogs in the media to teach you that you are a "kook" if you think that gold, silver, etc. is a good investment. That in part, drives the price down. Which is fine with me, because it creates a longer buying opportunity; they cannot keep it up for ever. So eventually the price will go to where it should be.

The only risk is that when it finally fails, the scheme will "snap;" i.e. there might be hyperinflation. Then perhaps they might try to pull the same stunt that FDR did in 1933. So hide your stuff.]]> http://seekingalpha.com/article/173672-the-dollar-approaches-critical-levels?source=feed#comment-763655 763655
Yes, in the same way a "weak" currency "benefits" a third-world country.

So the FED-inspired logic is, "let's print more money, let's close the trade gap" never mind the fact that we are turning into a banana democracy.]]> Tue, 17 Nov 2009 10:04:10 -0500
Yes, in the same way a "weak" currency "benefits" a third-world country.

So the FED-inspired logic is, "let's print more money, let's close the trade gap" never mind the fact that we are turning into a banana democracy.]]> http://seekingalpha.com/article/173579-the-risks-and-rewards-of-fiat-money?source=feed#comment-763637 763637
They're "prescient" in the same way the casino you play blackjack in is "prescient."]]> Tue, 17 Nov 2009 09:57:31 -0500
They're "prescient" in the same way the casino you play blackjack in is "prescient."]]> http://seekingalpha.com/article/173732-u-s-trade-deficit-increases-alternative-explanations?source=feed#comment-763630 763630
Here are some ideas:

1. We've exported billions of dollars of military hardware and personnel into what, 150 countries around the globe? Perhaps the bean counters should count that as "export?"

2. Every year, we pay billions thru USAID to countries around the world, to essentially bribe their politicians into being our "friend." Since this money is "manufactured" by the FED, shouldn't the money be considered as "export?"

Any other ideas?]]> Tue, 17 Nov 2009 09:54:30 -0500
Here are some ideas:

1. We've exported billions of dollars of military hardware and personnel into what, 150 countries around the globe? Perhaps the bean counters should count that as "export?"

2. Every year, we pay billions thru USAID to countries around the world, to essentially bribe their politicians into being our "friend." Since this money is "manufactured" by the FED, shouldn't the money be considered as "export?"

Any other ideas?]]> http://seekingalpha.com/article/173738-fed-policy-becomes-a-bourgeoisie-windfall?source=feed#comment-763604 763604
"Centralisation of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly."

You think the establishment of our "national bank," i.e. the FED was meant to be a windfall for the "Bourgeoisie?"

The "Bourgeoisie" is the middle class. The FED and every other child of the 10 planks in the Communist Manifesto was meant to eliminate the "Bourgeoisie." NOT create a windfall for it. And they are all working as planned.

Oh, the Communist Manifesto says that it is for the benefit of the "Proletariat." But the only way it benefits the "Proletariat" is to increase it's size. The true benefits go to an extremely wealthy, extremely powerful few. If that group is what you define by "Bourgeoisie," then I agree with you, although you use the wrong word.

Unfortunately, there is no synonym in the communist terminology for the "extremely powerful, extremely wealthy few." This is because the communist does not want you to be aware of them, because the communist himself wants to become extremely wealthy, and extremely powerful, at your expense, and all the while you think the communist is doing something good, he is committing the most vile forms of evil.

Here's a quote from the book "Tragedy & Hope" by Carroll Quigley which I hope, might give you more understanding of the situation you are in:

"There does exist, and has existed for a generation, an international Anglophile network which operates, to some extent, in the way the radical Right believes the Communists act. In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960s, to examine its papers and secret records."]]> Tue, 17 Nov 2009 09:42:25 -0500
"Centralisation of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly."

You think the establishment of our "national bank," i.e. the FED was meant to be a windfall for the "Bourgeoisie?"

The "Bourgeoisie" is the middle class. The FED and every other child of the 10 planks in the Communist Manifesto was meant to eliminate the "Bourgeoisie." NOT create a windfall for it. And they are all working as planned.

Oh, the Communist Manifesto says that it is for the benefit of the "Proletariat." But the only way it benefits the "Proletariat" is to increase it's size. The true benefits go to an extremely wealthy, extremely powerful few. If that group is what you define by "Bourgeoisie," then I agree with you, although you use the wrong word.

Unfortunately, there is no synonym in the communist terminology for the "extremely powerful, extremely wealthy few." This is because the communist does not want you to be aware of them, because the communist himself wants to become extremely wealthy, and extremely powerful, at your expense, and all the while you think the communist is doing something good, he is committing the most vile forms of evil.

Here's a quote from the book "Tragedy & Hope" by Carroll Quigley which I hope, might give you more understanding of the situation you are in:

"There does exist, and has existed for a generation, an international Anglophile network which operates, to some extent, in the way the radical Right believes the Communists act. In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960s, to examine its papers and secret records."]]> http://seekingalpha.com/article/173494-roubini-on-unemployment-the-worst-is-yet-to-come?source=feed#comment-762230 762230
Roubini is right in his forcast and wrong in his solution. Obama and the rest of the DC gang can take two roads:

1. Follow Hoover/FDR's lead and turn the great recession into a depression.

2. Follow Warren Harding/Calvin Coolidge's lead and leave things alone. Stop trying to cure the market place with the same poison that ails it.]]> Mon, 16 Nov 2009 12:35:55 -0500
Roubini is right in his forcast and wrong in his solution. Obama and the rest of the DC gang can take two roads:

1. Follow Hoover/FDR's lead and turn the great recession into a depression.

2. Follow Warren Harding/Calvin Coolidge's lead and leave things alone. Stop trying to cure the market place with the same poison that ails it.]]> http://seekingalpha.com/article/173477-will-a-new-gold-standard-make-our-future-brighter?source=feed#comment-762031 762031
In a way, these two charlatans are correct. The system has been "very very good to them;" they get nice fat salaries at some over-rated academic institution, they get this and that award, they get to sometimes go on CNBC, etc., and all they have to do is spew establishment propaganda.

So how do you expect them to say otherwise?]]> Mon, 16 Nov 2009 10:49:52 -0500
In a way, these two charlatans are correct. The system has been "very very good to them;" they get nice fat salaries at some over-rated academic institution, they get this and that award, they get to sometimes go on CNBC, etc., and all they have to do is spew establishment propaganda.

So how do you expect them to say otherwise?]]> http://seekingalpha.com/article/173513-gary-shilling-has-very-different-views-on-inflation-than-buffett?source=feed#comment-762023 762023
On Nov 16 10:11 AM The Geoffster wrote:

> Conventional monetary theory suggests that the Fed holds the key
> to turning on inflation. This does not seem true in the current environment
> because of the massive debt overhang. We are still in a solvency
> crisis and the Fed's easing to date has merely staunched the blood
> letting. Monetary policy has yet to kick start the economy and fiscal
> stimulus has merely pulled demand forward. Gold and commodity prices
> are reacting to a weak dollar and uncertainty as much as inflation
> fears.]]> Mon, 16 Nov 2009 10:46:00 -0500
On Nov 16 10:11 AM The Geoffster wrote:

> Conventional monetary theory suggests that the Fed holds the key
> to turning on inflation. This does not seem true in the current environment
> because of the massive debt overhang. We are still in a solvency
> crisis and the Fed's easing to date has merely staunched the blood
> letting. Monetary policy has yet to kick start the economy and fiscal
> stimulus has merely pulled demand forward. Gold and commodity prices
> are reacting to a weak dollar and uncertainty as much as inflation
> fears.]]> http://seekingalpha.com/article/173513-gary-shilling-has-very-different-views-on-inflation-than-buffett?source=feed#comment-762019 762019
Inflation is the increase in money supply. The FED has been doing that since 1913. The FED has been increasing the money supply (i.e. simply printing money) just for that purpose, so it's owners can have free money.

As a kickback, some of the proceeds go to the politicians, so that they don't have to raise taxes or cut spending.

This reply (below) is a perfect example of why this scam has gone on for so long. The people in the US have no clue! This is because you get all your info from public schools, and the boob tube and other mass media, which are all essentially owned/operated/manipul... by the same people who control this scam, or who at least profit from it.

On Nov 16 07:24 AM test213 wrote:

> The Fed wants to inflate asset prices to make the bank balance sheets
> better. Therefore, they will do whatever it takes to accomplish it.
> Inflation will be the outcome, but deflation has been what we got
> so far and until we get to inflation in a year or two.
>
> test213
> admin at invetrics.com]]> Mon, 16 Nov 2009 10:43:43 -0500
Inflation is the increase in money supply. The FED has been doing that since 1913. The FED has been increasing the money supply (i.e. simply printing money) just for that purpose, so it's owners can have free money.

As a kickback, some of the proceeds go to the politicians, so that they don't have to raise taxes or cut spending.

This reply (below) is a perfect example of why this scam has gone on for so long. The people in the US have no clue! This is because you get all your info from public schools, and the boob tube and other mass media, which are all essentially owned/operated/manipul... by the same people who control this scam, or who at least profit from it.

On Nov 16 07:24 AM test213 wrote:

> The Fed wants to inflate asset prices to make the bank balance sheets
> better. Therefore, they will do whatever it takes to accomplish it.
> Inflation will be the outcome, but deflation has been what we got
> so far and until we get to inflation in a year or two.
>
> test213
> admin at invetrics.com]]> http://seekingalpha.com/article/172925-the-start-of-the-pound-s-reversal?source=feed#comment-757032 757032
tinyurl.com/yd5dsh7]]> Thu, 12 Nov 2009 10:10:44 -0500
tinyurl.com/yd5dsh7]]> http://seekingalpha.com/article/172817-gold-compared-to-silver-and-platinum?source=feed#comment-757025 757025 Thu, 12 Nov 2009 10:07:59 -0500 http://seekingalpha.com/article/172819-chart-of-the-day-gold-and-the-dow?source=feed#comment-757015 757015 Thu, 12 Nov 2009 10:05:11 -0500 http://seekingalpha.com/article/172916-congress-and-the-fed-an-epic-game-of-chicken?source=feed#comment-757014 757014
And the shadow government that wants to keep the FED "independent" (read: unaccountable), they want what? What's best for you and me?

Duh!?]]> Thu, 12 Nov 2009 10:04:34 -0500
And the shadow government that wants to keep the FED "independent" (read: unaccountable), they want what? What's best for you and me?

Duh!?]]> http://seekingalpha.com/article/172303-cash-for-clunkers-reveals-weakness-among-detroit-brands?source=feed#comment-753927 753927
We could return the USA to greatness, if we only demanded that Congress obey the Constitution. But that will require some effort on your behalf.]]> Tue, 10 Nov 2009 11:42:27 -0500
We could return the USA to greatness, if we only demanded that Congress obey the Constitution. But that will require some effort on your behalf.]]> http://seekingalpha.com/article/172152-u-s-healthcare-legislation-investment-impact?source=feed#comment-752786 752786 Yes, just like social security. The definition of "insanity" is essentially the idea that, after trying something and finding out you are wrong, you go and try the same thing again, expecting a different result.

Roosevelt promised you "social security" and what you got instead was a Ponzi scheme. Actually, it is worse than a Ponzi scheme, since most Ponzi schemes are VOLUNTARY. So my apologies to Charles Ponzi.

Anyway, now the same monstrosity in DC is promising you "free health care." You fools, you are about to find out the hard way that "free health care" is actually stealing. Although you think your neighbor will be paying for your "free health care," you will be getting robbed at the same time.

On Nov 09 11:21 AM Michael D. wrote:

healthcare won't be only available
> to the priviledged few, but the masses.

You doofus.]]> Mon, 09 Nov 2009 14:59:48 -0500 Yes, just like social security. The definition of "insanity" is essentially the idea that, after trying something and finding out you are wrong, you go and try the same thing again, expecting a different result.

Roosevelt promised you "social security" and what you got instead was a Ponzi scheme. Actually, it is worse than a Ponzi scheme, since most Ponzi schemes are VOLUNTARY. So my apologies to Charles Ponzi.

Anyway, now the same monstrosity in DC is promising you "free health care." You fools, you are about to find out the hard way that "free health care" is actually stealing. Although you think your neighbor will be paying for your "free health care," you will be getting robbed at the same time.

On Nov 09 11:21 AM Michael D. wrote:

healthcare won't be only available
> to the priviledged few, but the masses.

You doofus.]]> http://seekingalpha.com/article/172101-oecd-in-nominal-spending-perspective?source=feed#comment-752601 752601
By doing what? Not ratcheting up the printing presses? Ooh, my hero, the FED. The fox has restrained himself from raiding the henhouse. What a "hawkish" fox he is. That's just what we need here on seeking alpha, more academic double-talk. After all, we don't get enough of it from the "mainstream" media.]]> Mon, 09 Nov 2009 12:57:22 -0500
By doing what? Not ratcheting up the printing presses? Ooh, my hero, the FED. The fox has restrained himself from raiding the henhouse. What a "hawkish" fox he is. That's just what we need here on seeking alpha, more academic double-talk. After all, we don't get enough of it from the "mainstream" media.]]> http://seekingalpha.com/article/170479-stunning-facts-about-public-sector-unions?source=feed#comment-740854 740854 Mon, 02 Nov 2009 14:57:24 -0500 http://seekingalpha.com/article/168882-chicago-fed-index-increase-suggests-the-recession-is-over?source=feed#comment-732145 732145 Tue, 27 Oct 2009 09:38:18 -0400 http://seekingalpha.com/article/168911-here-s-why-asia-must-eventually-ditch-the-dollar?source=feed#comment-732120 732120 What's the difference?

On Oct 26 02:43 PM Mad Hedge Fund Trader wrote:

> bdc Will people pleeease stop incessantly talking about the possibility
> of China dropping the dollar as a reserve currency? What else are
> they going to use? Monopoly money? ]]> Tue, 27 Oct 2009 09:26:07 -0400 What's the difference?

On Oct 26 02:43 PM Mad Hedge Fund Trader wrote:

> bdc Will people pleeease stop incessantly talking about the possibility
> of China dropping the dollar as a reserve currency? What else are
> they going to use? Monopoly money? ]]> http://seekingalpha.com/article/166398-gold-suggests-global-inflation-is-approaching?source=feed#comment-715442 715442
The central banks have been increasing the money since the days they were started; the FED for example has been doing it since 1913. So how is it now all of a sudden, there will be inflation approaching? Of course it's approaching. It's been "approaching" for hundreds of years.

Look at a 1964 quarter. In 1964, that quarter bought you a gallon of gas. Today it buys what? Still a gallon of gas (and then some). Know why? Because it is made of 90% silver. They are worth over $3 in paper money. The government cannot create silver at whim. It can create paper at whim however. That's inflation.]]> Wed, 14 Oct 2009 16:45:23 -0400
The central banks have been increasing the money since the days they were started; the FED for example has been doing it since 1913. So how is it now all of a sudden, there will be inflation approaching? Of course it's approaching. It's been "approaching" for hundreds of years.

Look at a 1964 quarter. In 1964, that quarter bought you a gallon of gas. Today it buys what? Still a gallon of gas (and then some). Know why? Because it is made of 90% silver. They are worth over $3 in paper money. The government cannot create silver at whim. It can create paper at whim however. That's inflation.]]> http://seekingalpha.com/article/166387-a-radical-solution-for-healthcare-kill-the-hybrid?source=feed#comment-715435 715435
Well, it's not really a "free market" when the government subsidizes it.

The reason why "healthcare" is so expensive in the US is because people over-use it. A rise in demand holding supply constant creates an increase in price. Why is the demand high? Because if the insurance provider (and/or gov't) "pays" for it, then people don't worry about paying for it when they use it. But you do pay for it, sooner or later. It's the same principle behind credit cards.

You want to lower "healthcare" costs in the US? Start by getting the government out of it. Uncle Sam is like the movie character "Beetlejuice." You don't want his help.]]> Wed, 14 Oct 2009 16:39:03 -0400
Well, it's not really a "free market" when the government subsidizes it.

The reason why "healthcare" is so expensive in the US is because people over-use it. A rise in demand holding supply constant creates an increase in price. Why is the demand high? Because if the insurance provider (and/or gov't) "pays" for it, then people don't worry about paying for it when they use it. But you do pay for it, sooner or later. It's the same principle behind credit cards.

You want to lower "healthcare" costs in the US? Start by getting the government out of it. Uncle Sam is like the movie character "Beetlejuice." You don't want his help.]]> http://seekingalpha.com/article/165915-toward-a-new-macro-economic-theory?source=feed#comment-712966 712966
Here's my idea, skipper: Toss the rascal and his bogus theories overboard.]]> Mon, 12 Oct 2009 09:24:24 -0400
Here's my idea, skipper: Toss the rascal and his bogus theories overboard.]]> http://seekingalpha.com/article/165915-toward-a-new-macro-economic-theory?source=feed#comment-712965 712965
Here's my idea, skipper: Toss the rascal and his bogus theories overboard.]]> Mon, 12 Oct 2009 09:23:11 -0400
Here's my idea, skipper: Toss the rascal and his bogus theories overboard.]]> http://seekingalpha.com/article/164942-employment-in-crisis?source=feed#comment-705559 705559
Now imagine a different situation where the woman has spent all her gold living frivolously. And after realizing all her money is gone, she issues paper notes to the producers, so she can still get useful things from them. Perhaps at first, the woman's paper notes are accepted, but eventually the producers will realize the true value of those notes. And since there is nothing that the woman is giving them in exchange for their useful products made from hard work, they will begin to decline the woman's paper notes.

That old woman is US. The useful producers are foreign nations which still manufacture things.]]> Tue, 06 Oct 2009 14:35:16 -0400
Now imagine a different situation where the woman has spent all her gold living frivolously. And after realizing all her money is gone, she issues paper notes to the producers, so she can still get useful things from them. Perhaps at first, the woman's paper notes are accepted, but eventually the producers will realize the true value of those notes. And since there is nothing that the woman is giving them in exchange for their useful products made from hard work, they will begin to decline the woman's paper notes.

That old woman is US. The useful producers are foreign nations which still manufacture things.]]> http://seekingalpha.com/article/164986-the-recovery-process-it-takes-time?source=feed#comment-705181 705181
I hear that only about half of that "inventory" has been "liquidated." When that "inventory" finds it's way into the economy, it might increase GDP, but only before you adjust for inflation.

"Economists have been ramping up their estimates for third quarter GDP because they understand that the record pace of inventory liquidation must cease, which will benefit manufacturing."]]> Tue, 06 Oct 2009 11:51:35 -0400
I hear that only about half of that "inventory" has been "liquidated." When that "inventory" finds it's way into the economy, it might increase GDP, but only before you adjust for inflation.

"Economists have been ramping up their estimates for third quarter GDP because they understand that the record pace of inventory liquidation must cease, which will benefit manufacturing."]]> http://seekingalpha.com/article/164931-will-ignoring-past-mistakes-result-in-a-20-year-bear-market?source=feed#comment-705157 705157
Consider when a bank fails and the FDIC takes over. Where does the money come from? The US government is broke. It spends more money than it takes in. Some of the FDIC money comes from China. But alot of it is simply printed out of thin air. This is stability? This is SOCIALISM!

"I have said that the current deleveraging cycle is actually not all that similar to the Great Depression – primarily because our economy is much more mature and stable, and also because there are certain safeguards in place that help prevent such an event from occurring again (the FDIC is a great example)."]]> Tue, 06 Oct 2009 11:44:29 -0400
Consider when a bank fails and the FDIC takes over. Where does the money come from? The US government is broke. It spends more money than it takes in. Some of the FDIC money comes from China. But alot of it is simply printed out of thin air. This is stability? This is SOCIALISM!

"I have said that the current deleveraging cycle is actually not all that similar to the Great Depression – primarily because our economy is much more mature and stable, and also because there are certain safeguards in place that help prevent such an event from occurring again (the FDIC is a great example)."]]>