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  • Is It Time To Bail On Small-Cap Stocks? [View article]
    Curious how Obamacare will affect all companies. Including small caps. Do small caps have more of their employees onshore? Hence will they be hit harder?
    Jan 7, 2013. 11:39 PM | Likes Like |Link to Comment
  • Hidden Housing Subsidy Update [View article]
    Tony when you go and buy something for 150K you expect it to be worth 150K. But then it drops to 75K. It was not a car you bought but a house. And if it happens to everyone it looks like a government scam in league with the banks. Rope those suckers in. Now personally I am paying off my mortgage as I am old fashioned. But a fellow from India said 'well I bought a place for 350K with a mortgage that is now worth 175K. I am going to hand in the keys. Let them come to India to hunt me down'
    Actually it is a pretty good scam. It makes my demon eye gleam.
    Jan 7, 2013. 10:09 PM | 1 Like Like |Link to Comment
  • The Sorry State Of The Consumer [View article]
    The Geoffster guess I missed out on the largesse... I am middle class and my taxes are enormous.
    Jan 7, 2013. 08:40 PM | 4 Likes Like |Link to Comment
  • The Sorry State Of The Consumer [View article]
    Ven my brother in law who is chinese says chinese are boycotting Japanese companies big time right now. And it all over a couple of tiny islands in the South China sea. These are like a few acres in extent. Quite interesting
    Jan 7, 2013. 08:38 PM | 2 Likes Like |Link to Comment
  • Surviving And Prospering Over The Next 4 Years Of Economic Darkness [View article]
    Bret I started looking into Obamacare a bit. I currently pay cash for medical services. Strangely paying cash I get much better service than when I had employer provided insurance. A big part of the reason is no red tape with an insurance company. Also it gives me additional incentives to protect my health. Sorry beside the point. Under Obamacare I have the choice ot taking some sort of insurance or paying a fine. So far everything I have read I have found disturbing. It provides additional benefits but only if your income is near the poverty line. Just another way of redistributing wealth. And drives up costs for employers. I make a prediction that due to out of control healthcare costs eventually most employers will not provide insurance to employees anymore. As corporate pensions have nearly disappeared so will corporate healthcare. But then Obamacare comes in trying to force employers to provide insurance. Then why not offshore if you can or automate? It will decrease the proportion of employed people in the working age population.
    There are so many subsidies for low income people now but the upper incomes have to pay for it. And pay for their own healthcare. Either through lower wages (if employer based) or themselves. Just my pet peeve. Mostly what health insurance companies provide is red tape as they do not provide medical care or perform surgeries. And yet people make vast fortunes setting up healthcare (insurance) companies. I really do not understand America at all.
    Jan 6, 2013. 08:27 PM | Likes Like |Link to Comment
  • How Much Longer Can The Fed Maintain A Corner On The Bond Market? [View article]
    Also the tbtf banks have been required to pass stress tests
    Jan 6, 2013. 02:28 PM | 1 Like Like |Link to Comment
  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    The Atlantic Monthly had an article about GE moving jobs back to America, production jobs. Think the pay rate was 14 per hour. And do you know how many jobs? 150. Yes 150 jobs. Title was something about an onshoring trend.
    So thats about 28K per year per worker. If thats a family of 4 wonder if they qualify for Medicaid or Food Stamps?
    Jan 6, 2013. 09:24 AM | 1 Like Like |Link to Comment
  • Friday: Dow Up 500 Points To Start The Year - Should We Quit While We're Ahead? [View article]
    1234gel yesterday I read an article stating the Japan is facing year after year of negative 1.7 GDP growth. Yes that was negative. So year after year of recession
    Jan 6, 2013. 09:19 AM | Likes Like |Link to Comment
  • Using Motivations To Predict Outcomes In 2013 [View article]
    Millenium I read does predict well enough
    Like the article. However no point in fed buying treasuries unless new issuance and unless you go into negative interest rates there is a ceiling on price
    Jan 5, 2013. 10:49 PM | Likes Like |Link to Comment
  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    Rich the problem with supply side is the first law of macroeconomics (sic)
    Supply equals demand
    We are having a demand side collapse
    That was predicted about 150 years ago by a fellow whose name cannot be mentioned on this site
    Jan 5, 2013. 05:52 PM | Likes Like |Link to Comment
  • Warren Buffett Is Wrong On U.S. Debt Problem Solution [View article]
    Rav warren is 83. 50 percent of 85 year olds have alzheimers and the percentage climbs rapidly. So there is an opening coming up. The other issue is warren buys companies that are cash generating cows and milks them to death. He buys the whole company not some shares. So an apple he would milk dry. That is what he did with berkshire a textile mill. No reinvestment. The original vulture capitalist wearing a grandpa costume. Of course the textile mill is gone. Now he's milking people like us with geico
    The greatest con in history
    Jan 5, 2013. 05:40 PM | Likes Like |Link to Comment
  • Friday: Dow Up 500 Points To Start The Year - Should We Quit While We're Ahead? [View article]
    ray I was talking to a real estate agent the other day. He said there is lots of demand to buy houses. But what happens is the appraisal comes in too low. So the bank will not give the mortgage. So low mortgage demand is the end result. And housing sales are much lower than they could be. As long as the foreclosure and short sale overhang is out there there is going to be 'suppressed loan demand'. Not sure if is similar in the commercial area or for business loans.
    Jan 5, 2013. 03:40 PM | 2 Likes Like |Link to Comment
  • Friday: Dow Up 500 Points To Start The Year - Should We Quit While We're Ahead? [View article]
    1234gel I wonder how many members of congress were trained as economists (Keynesians at that, since I think there are no Austrians)?. I do know that most have law degrees. We know where law degrees led Russia.
    I think Paul Ryan has an economics background (not a recommendation from me).
    With Ron Paul (an Austrian leaning physician) leaving seems there is none.
    Just a question
    Also it seems the USA has no high caliber living economists today. Milton Friedman I respected. Every fundamental Libertarian question I have asked myself and then did my own research on I found only one name that had looked into it. Milton Friedman (other than Hayek and von Mises a long time ago).
    Paul Krugman has become a hack even though he has capabilities. Stiglitz is wandering off somewhere. Martin Feldstein seem like a hack now too. To many ideologues and no seekers of truth.
    Who will come out of the wilderness to provide some leadership?
    Jan 5, 2013. 03:30 PM | Likes Like |Link to Comment
  • 112th Congress Averts Fiscal Cliff But Leaves A Mess For The 113th [View article]
    "a rise from euphoria over a deal followed by weeks of tentative gains due to general uncertainty. This gives way to a market drop from terror that the no deal will be reached and finally euphoria once again."
    so due to our congress Mr Market is a manic depressive
    Jan 5, 2013. 03:13 PM | Likes Like |Link to Comment
  • How Much Longer Can The Fed Maintain A Corner On The Bond Market? [View article]
    I like the article and feel it is well written to explain these concepts concisely. I think Obamacare is going to hit the economy hard. Especially small businesses. Good to find someone else who is short . I have been short for a while now and am getting burned. But hanging in there. Hearing people say the market is at an all time high therefore must go higher in some other articles sounds like things I heard in the dotcom boom. That went on a long time, but I remember the downard slope was about 160 degrees. And happened mostly over a 2 day period. And of course the upward slope was around 45 degrees, and went on for a very long time.
    Jan 5, 2013. 02:57 AM | Likes Like |Link to Comment