socrateazz

JPMorgan Chase: How Much Capital Does a Bank Need?

I might be wrong but I fear the goal of the government is not for those banks to survive but to force them out of business while appearing to try to help. Thus causing people to believe the problem was private banks and not the type of government control. I think current leaders really want a giant government beaurocracy supported by businesses which will be sucked dry by the government vampirism. Proving in their minds that Capitalism is evil. And Communism is fair! A real oxymoron, But to morons that seems real!

The New Bull Market Fallacy

Your analysis seems to be good. Hope can cover up reality for awhile. How long?

Not Buying This Rally

Wise in many ways. You have pointed out many of the problems the nation faces. There is a basic ignorance as to the real cause. Cycles are given as a cause often. I say the cycles are the symptoms caused by the results of the cause. Cycles take place because of actions taken many years previous. Reagan changed a cycle where demand for goods exceeded demand. The change would have best been made ten years earlier. But at the time there appeared to be no crisis involving inflation. Change comes when things go to extremes. The current crisis has two very real causes. The first is the continual negative ballance of trade. This will continue to take wealth from the nation and put it in OPH (other peoples hands). This should have been fixed ten years ago. But other nations were convinced the US dollar was where their wealth would be safest. Most market extremes are caused more by belief than reality. The ballance of trade will correct. It will be drastic though. The other reason seems like two reasons but I think they are so closely related they actually can be concidered one. Greed and power. Not where the average person thinks it is. The greed exists in front of everybody and yet is concidered fairness by many. Power is in the hands of those who use it. Those who use it often abuse it! Ballance has been the key to American government over the years. Today's government needs a major repair job. That does not mean it needs to get bigger. It means it should accomplish its job taking fewer resources. But what is happening is a failure to accomplish much using extreme amounts of wealth. Government does not need laws few understand. A tax system based on arbitrary control and spending for arbitrary reasons will cause extreme KAOS. Government needs to keep their taxes at levels where wealth can be created and partually retained in the private sector. Government spending has exceeded that level recently. A fix will not be effective over the long haul unless government allows businesses enough earning to increase or at least retention of wealth to effectively stay in business. My take: Actual total government needs to drop by 60% from current levels and remain at such a GDP relationship for the future. Goverment is a ravenous creature devouring all it can eat while telling its food (citizens) it is helping them. Government is acting like a rancher. Keep the cattle (people) in the fence. Utilize the meat (labor ) as you desire. Expect more production while taking more from the system. Any draught or exrtreme condition will cause a problem. Taking more while giving less does not help an already serious situation. The government has put a hurricane in the barnyard. What will we have after the storm passes?

PPIP: Already Obsolete

The goal has not been to help the banks as much as make the banks look more solid. That has been achieved for the time being. Will it be enough in the end? Seems like a coverup to me. Today, it seems talk has merit and facts are cheap, how ironic!

Is Geithner's Latest Power Play Good for Bank Shareholders?

The question is: What is their job? Seems few agree... I think GM should have gotten tougher with unions years ago. But...Really what choice did management have? A three year strike would only cause the lost of good talent and major production and sales problems. Not to mention fairness standards skewed to the unions. Management was very much stuck doing what was expected by all the various groups involved. Appeasement and immediate fire fighting has been the way. Was there any choice? I say the unions are not far from killing their own cash cow...So doctor money infusement is the only way to survive. Either that or let the animal die! Should the US give diabetes, heart and lung treatment for a drug addicted autogroup..Or let them pass away and find some young vibrant producers?

Living in the American Mafia State

Interesting! You think the bankers are a sign of the mob! I think The mob morphed into government. At least the Democrat side. I have talked with Democrats who justify election cheating because the Republicans do it! I know some people who represent both parties and it is interesting what their views seem to be on that subject. Democrats seem to think everybody cheats, the secret is to not get caught. The Republicans seem to think all are ethical, and others would not act unethical so do not act unethically or you might get caught. So if you are caught and you are Democrat, it is because everybody does it...I will still vote for you. If you are Republican most other republicans will not vote for you. So all an opponent needs to do is invent some problem with you at the right timing and you will sink like a rock. Fortunanty most Democrat leaders are so egotistic they tend to concentrate on appearing great to the populus

Public/Private Taxpayer Pilfer Program: Social Implications of Geithner's Plan

Why would you think any folk that have never produced anything or created anything understand that what they have comes from that production? They honestly believe wealth is formed from getting it from somebody else! Would you expect anything else from Obama? Look at what he has done in his life! Has any of it had to do with creating and selling actual production? Why do you think communism always fails? The leadership always thinks things operate the way they do because others are greedy. They do not realize they gained power because of like thinkers greed. I would not be surprised if the government has been profiting by buying and selling some assets and then making statements which cause prices to move to their favor. I think this asset plan is another opportunity to help their faithful. The joy of Obamanomics is overwheming.

The Common Refrain, To Our Detriment

I do not understand how people think anything that happens in the US is Capitalistic policy. Capitalistic policy is let the market decide all! Socialistic Policy is control is the best policy. Communistic policy is fair treatment for all based on the leaders beliefs. All government policies are a combination of all of those policies. Government is socialistic in nature. Programs like roads are Communistic in nature. Individuals are Capitalistic in nature. All nations need a balance of all those policies. When any nation moves too communistic or socialistic they are on their way to collapse. Any nation must have real encouragement of capitalism along with rewarding capitalism in order for the nation to flourish. The government has two roles: Supporting comunistic programs and making reasonable socialistic controls over the private sector. Any serious failure in balance will cause problems within the system. That is where we are now. You guess the outcome! What needs to change? Obamanomics will be seen as negative change.

Kovacevich, Lewis and Geithner Speak Out on the Banking Industry

Roosevelt knew as Obama does: Appearance is more important than fact! As long as people think Obama is being proactive Does it really matter if his policy is truely destructive? Hitler was very good at appearing proactive. They looked good in Germany at the time! Now they know they were mostly propaganda based. Be wary of any propaganda based leaders. Global warming believers do not realize they are wrong and will manipulate facts to fit their beliefs. They can not be wrong! After all: The ice ageists from the seventies believed they were right and kept feeding me their propaganda until evidence said the earth was warming. So many lemmings follow those great leaders until fact finally forces change! How Ironic! Over there is a wall to keep you in! That side has nurses to draw your blood! Over there is the hopeless you are supposed to take care of! Now quit trying to build another wall next to that cliff! You must sacrifice your life so more deserving leaders can thrive! The cost of progress. Or is that degress! Oh who cares as long as I have the power!!!!! LOL

The Fed and AIG Still Give the Market Troubles

Big Gorillas are easier to see but harder to kill. King Kong has been established as the size medicine needs to be administered while the monkeys need to fend for themselves. How wise!

A Scenario for a U.S. and Global Recovery, Part 2: Banks

I think financial organizations should not become too big to fail. If they are too big to fail then they should be divided into more companies. Behemoths need to be the exception not the rule. If any one company would seriously pull others down, then that company should be divided when it is healthy.. A model could easily be developed regulators could use to determine when any one company could be a serious problem initiating a company split

Why It's Time to Overhaul the Banking System

You have no real worry about the agriculture industry other than the monies the government spends on mandates like the schools complain of. Did you know most about 86% of the government farm bill help in the farm bill is food stamps and school programs? Probably had no Idea. That is welfare, Is it really wefare for the farmers? I expect most of the US will be shocked when food shortages appear. Will be interesting how a food shortage will affect people! I expect the first reaction will be policies that ultimately cause more shortages. Like action taken to blame big oil for the price increases and attempts to blame the producers who really are taking great risk to produce needed food for little return. Oh well, Wisdom is learned by experience. Beliefs seldom concider the facts. Truth is in actuality not rhetoric of the propagandized.

Psychology of the Bailouts

Blame usually is an excuse to keep folk from realizing their own contributioons to problems. If you can place blame on others then the problem is theirs and not yours. If people spend too much time placing blame, they do not have as much energy to make the changes needed. Solutions are found by concidering the past and looking for ways to overcome the problems seen. Blame gets in the way of solutions.

'The Change We Need' Is in Economic Direction

I may be wrong but I think the basic premises of the fed control of the economy is correct. The Problems I see are mostly in beliefs causing the wrong actions at the wrong time. Many forces have changed peoples perception of what is logical and what is reasonable. Some like the expansion in government has happened for milinea. I believe all goverment believes more ........ is what government is for. To leaders more money means the government can do more. There is a tipping point though. Are we there? Building projects like the piramids of Egypt or the Greek and Roman empires will cause civilizations to persist for awhile. But note they went down hill after they were built. Will it happen today? Kingdoms seemed to work in europe for centuries. Why did they fail? I really believe too much wealth went to supporting the kingdoms taking too much from the actual people of the kingdoms. Kingdoms often started as ways to centralize and help the people and before their demise became selfish, prideful, envious, and greedy bastions for the royalty. Anyhow, If too many resources go to government, expect less resources for the people. Doling money out to the people will help short term. Will it help the future?

'Bailouts' Are Misunderstood

I may be wrong but i think::Excess money will cause hyperinflation. but not immediately. The greater the deflation the more production due to lack of money will reduce. As production decreases prices start to raise due to more demand for the lower quantity of goods. As prices raise more folk think they are worth more pushing the prices higher..Fair value is somewhere between the peak high price and the bottom low price. Finacial traders should keep the swings from being as drastic. Most financial traders of today are trend traders and not value traders. Thus the true value is actually exasperated by their actions. They should be better stabilized by their existence. Anyhow, if deflation becomes great a swing toward greater inflation will take place. I expect deflation will cause shortages. Those shortages will cause prices to increase which causes folk to use more wealth to get goods. I think food shortages are very possible. Balance is the goal. The attempts by government to fix imbalances will probably create more imbalances. .