Crank Monkey's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/291893/comments http://seekingalpha.com/article/147066-taxpayers-beware-gm-s-decision-to-build-compact-in-michigan?source=feed#comment-577022 577022
It's a welfare program.]]> Tue, 07 Jul 2009 10:34:18 -0400
It's a welfare program.]]> http://seekingalpha.com/article/146408-time-for-california-muni-bond-investors-to-take-a-stand?source=feed#comment-569940 569940 Wed, 01 Jul 2009 10:57:07 -0400 http://seekingalpha.com/article/138557-what-s-john-paulson-buying-now-hint-think-gold?source=feed#comment-514758 514758 Fri, 22 May 2009 14:26:09 -0400 http://seekingalpha.com/article/124063-five-predictions-for-this-market?source=feed#comment-419130 419130 Mon, 09 Mar 2009 10:59:09 -0400 http://seekingalpha.com/article/124520-the-bubble-of-uncertainty-is-about-to-burst?source=feed#comment-419051 419051 ]]> Mon, 09 Mar 2009 10:00:31 -0400 ]]> http://seekingalpha.com/article/121733-priceline-can-william-shatner-be-wrong?source=feed#comment-396915 396915 Fri, 20 Feb 2009 14:00:45 -0500 http://seekingalpha.com/article/121509-new-york-times-stock-now-cheaper-than-sunday-paper?source=feed#comment-395436 395436 Thu, 19 Feb 2009 14:13:33 -0500 http://seekingalpha.com/article/121163-5-reasons-for-optimism-about-this-market-or-not?source=feed#comment-393784 393784 Wed, 18 Feb 2009 13:29:58 -0500 http://seekingalpha.com/article/120716-will-lack-of-accord-on-stimulus-obscure-economic-lessons?source=feed#comment-391273 391273 Mon, 16 Feb 2009 20:00:08 -0500 http://seekingalpha.com/article/120538-the-economy-how-to-tell-when-it-s-improving?source=feed#comment-387410 387410 Fri, 13 Feb 2009 13:05:31 -0500 http://seekingalpha.com/article/119970-history-indicates-a-bottom?source=feed#comment-384277 384277 Wed, 11 Feb 2009 13:48:21 -0500 http://seekingalpha.com/article/119964-why-is-the-government-so-hysterical?source=feed#comment-384171 384171
Plan B: Lassie rescues Timmy.]]> Wed, 11 Feb 2009 12:58:30 -0500
Plan B: Lassie rescues Timmy.]]> http://seekingalpha.com/article/119930-tarp-accountability-bankers-say-what-me-sorry?source=feed#comment-383808 383808 Wed, 11 Feb 2009 09:59:54 -0500 http://seekingalpha.com/article/119860-preview-from-europe-geithner-fails-to-deliver?source=feed#comment-383567 383567 Plan A: Timmy rescues financial system.

Plan B: Lassie resues Timmy.]]> Wed, 11 Feb 2009 08:27:06 -0500 Plan A: Timmy rescues financial system.

Plan B: Lassie resues Timmy.]]> http://seekingalpha.com/article/119393-job-losses-problems-with-the-pelosi-graph?source=feed#comment-381393 381393 Mon, 09 Feb 2009 14:53:08 -0500 http://seekingalpha.com/article/119405-short-sales-an-18-year-low?source=feed#comment-381361 381361 Mon, 09 Feb 2009 14:32:18 -0500 http://seekingalpha.com/article/119399-two-standards-by-which-to-judge-peter-schiff?source=feed#comment-381353 381353 Mon, 09 Feb 2009 14:27:46 -0500 http://seekingalpha.com/article/119382-the-bond-ghouls-strike-back?source=feed#comment-381310 381310 Mon, 09 Feb 2009 13:58:01 -0500 http://seekingalpha.com/article/118689-tax-breaks-for-new-cars-but-not-doctor-bills?source=feed#comment-376586 376586 Thu, 05 Feb 2009 08:12:33 -0500 http://seekingalpha.com/article/117876-john-paulson-s-year-end-letter-to-investors?source=feed#comment-375831 375831
Assuming that all subprime borrowers default and that the housing which backs the debt is only worth 30 cents on the dollar would mean that these assets are undervalued.

Moronic accounting rules force banks to price these assets at $0 on their books and then to stop lending because they have no capital.

Trashing mark to market rules and making CDS transactions illegal unless you actually owned the insured asset would fix the problems.

This is how the Dutch were able to keep their financial system working when the tulip bubble burst.]]> Wed, 04 Feb 2009 14:24:06 -0500
Assuming that all subprime borrowers default and that the housing which backs the debt is only worth 30 cents on the dollar would mean that these assets are undervalued.

Moronic accounting rules force banks to price these assets at $0 on their books and then to stop lending because they have no capital.

Trashing mark to market rules and making CDS transactions illegal unless you actually owned the insured asset would fix the problems.

This is how the Dutch were able to keep their financial system working when the tulip bubble burst.]]> http://seekingalpha.com/article/118119-four-stocks-i-m-watching-this-week?source=feed#comment-375810 375810
And who knows what kind of problems GE has. It's partly an industrial and partly a bank. The risk in financials is still high.

Dow might be worth a bet if they didn't have the buyout issue, but the outcome of that may be decided by the courts.]]> Wed, 04 Feb 2009 14:11:03 -0500
And who knows what kind of problems GE has. It's partly an industrial and partly a bank. The risk in financials is still high.

Dow might be worth a bet if they didn't have the buyout issue, but the outcome of that may be decided by the courts.]]> http://seekingalpha.com/article/118103-u-s-debt-default-dollar-collapse-altogether-likely?source=feed#comment-375779 375779
In theory there could be a run on the dollar. This would mean that something other than the dollar would become the world's reserve currency.

What seems more likely than either of these alternatives is that rates on government debt would be pushed up to very high levels.

There's probably some slight chance of a return to the gold standard. If this were done today, it would mean pricing gold over $5000 an ounce.

One factor that should be considered is that the US has military assets that might be used in a crisis.]]> Wed, 04 Feb 2009 13:55:18 -0500
In theory there could be a run on the dollar. This would mean that something other than the dollar would become the world's reserve currency.

What seems more likely than either of these alternatives is that rates on government debt would be pushed up to very high levels.

There's probably some slight chance of a return to the gold standard. If this were done today, it would mean pricing gold over $5000 an ounce.

One factor that should be considered is that the US has military assets that might be used in a crisis.]]> http://seekingalpha.com/article/118107-four-reasons-treasuries-may-be-fairly-valued?source=feed#comment-374604 374604 Tue, 03 Feb 2009 13:14:33 -0500 http://seekingalpha.com/article/118198-the-doomsday-argument-market-version?source=feed#comment-374587 374587 Tue, 03 Feb 2009 13:06:52 -0500 http://seekingalpha.com/article/117996-after-january-s-chill-where-will-the-market-thaw-first?source=feed#comment-373629 373629 Mon, 02 Feb 2009 14:26:28 -0500 http://seekingalpha.com/article/117900-can-an-etf-save-the-world?source=feed#comment-373432 373432 Mon, 02 Feb 2009 11:59:58 -0500 http://seekingalpha.com/article/117775-the-end-of-gold-part-two?source=feed#comment-373327 373327 Mon, 02 Feb 2009 10:56:06 -0500 http://seekingalpha.com/article/117924-rahms-doctrine-and-breaking-up-the-banks?source=feed#comment-373283 373283 Mon, 02 Feb 2009 10:33:37 -0500 http://seekingalpha.com/article/117051-interactive-brokers-fx-summary?source=feed#comment-368745 368745 Wed, 28 Jan 2009 12:25:34 -0500 http://seekingalpha.com/article/108609-citigroup-sees-gold-reaching-2000?source=feed#comment-319878 319878 Wed, 03 Dec 2008 11:18:04 -0500