Citi is being pushed in the wrong direction by President Obama and his hentchmen. They are bunch of people who use people for their ends and then through them under the bus. Citi needs to stop selling off profitable areas of business NOW ! Its stupid to sell off money making businesses they are what made the Group so strong in the 1st place. This is nuts. But, makes sense when the largest Shareholder is now The US Govt and President Obama a guy who never ran a business in his life likes to play with other people's lifes.
The leadership of Citi needs to run its business. Forget President BO and just do what is needed. Take the gloves off ! Do it now.
Time to End the Ken Lewis Horror Show [View article]
Ken Lewis has lead Bank of America for many years. During all but the last few years the bank was building on year after year success. As a customer of the bank I am really impressed with the online services. It is the easiest bank to use and I have been a customer since it bought Barnnet Bank in the 1980's. Huge did a great job pulling the pieces together to make America's 1st Nationwide bank. Ken Lewis has been at his side and then at the head most of the way. How he got hoodwinked by the Treasury and then President Obama is sad. Have you noticed. Any business leader or manager who trys to work with Obama or his people end up trashed? I think its going to be a trend of his presidency.
Blackstone Looks Bleak On Potential Writedowns - Barron's
[View article]
I decided to go back and read this again. Blackstone, Hilton, now Universal and add the buy of Busch Entertainment or Sea World and Busch Gardens. There is smart money here. I am not smart. I am just hard working hourly guy. But, this company has good people and I think they will be doing well in 2010.
Pete Peterson: Blackstone ? Not sure he was part of Black Rock!
I knew Pete when he was Secretary of Commerce. His views have grown as he has become more knowledgeable as have mine. But, he sees the vision that the United States needs to start paying its bills. And making hard decisions on paying down the National Debt & not meaning the current budget deficit. That also needs be a surplus not a deficit. The end game will be a disaster of our own making.
I do not think The Congress or Obama have the guts to actually tackle the problem. Both parties and Obama are willing to spend like drunk sailors (not fair to slight drunk sailors but it works). At the expense of the future of the nation and its people.
Blackstone Is Volatile but Suits Our Strategy [View article]
Blackstone is doing things according to Steve's plan. The dividend is good for better than fair return. And the potential upside is still there. Not sure I would sell right yet. But, I am an individual and not pro investor. PS I do miss Pete Peterson as Sr Chairman and guidance dept.
Why Wal-Mart Hirings Do Not Help U.S. Economy [View article]
I used to work for Walmart. They paid me far above min wage. They had good training program so I could learn about marketing in my dept and across other areas. When you go to work for a company. The big part of your personal success is what YOU make it. Walmart was a good place to work. But, you have to do your job and work.
Well written article. I am not sure the American Century is over. But, the Chinese are in a good position to be drivers. This will only go so far unless they end Communism. That is not going to happen. So in the end it will remain a benevolent dictatorship. But, a smart one so far. Keep eyes on the expansion of China military in the next few years. When they buy Hummer they get both military and civilian models. And as the Chinese buy more companies look at the deeper reasons they do so.
GM Common Stock Is Worth More than You Think [View article]
You can trade GM on the NYSE. This once icon of US Business is now worthless as a current buy in the open stock market. When the company hits bankrupcy the stock is $0.00 value to a normal investor.
There are many great low cost and low price stocks now. We who do not have much. Can make solid returns unlike anytime I have seen before. But, it is risky. And so only use what u do not mind losing.
Happy Trails
On May 30 02:48 AM User 422355 wrote:
> i got GM stock how can I trade?? can i trade on Monday??
Move from Beverly Hills Hurts Hilton Mystique [View article]
If Hilton and Blackstone are serious about saving money. Then move Hilton corporation to Orlando, Florida. It already owns the Hilton Grand Vacation Headquarters building.
Orlando is close to both coasts. It has vast talent pool with more hotel rooms than anywhere depending on how we cound Vegas. Its cheap to own property and taxes are half of Virginia's.
DC Area is no bargin. Traffic is gross ! you try driving there with out a limo? Or does the head of Hilton only care about the executives. Look at personal taxes. NO INCOME TAX IN FL>>>>> BIG INCOME TAX IN MD AND VA.
Move to Central Florida. Blackstone already owns part of Universal Orlando. and LXR in Boca. We got the best airport ! Welcome Home ... Welcom to Central Florida.
Have a Magical Day ! (You know where I work...lol)
It's Time for GE to Lose Its Triple-A [View article]
GE is perfect for the family investor. I only make $9.74/hr but, I do my best to make routine buys of GE. The stock price may go up and down. But, the dividend is key to investors like me. Ok, I admit. I go back to the Putt and Call days. Starting with EF HUTTON and still believe in fundamentals. Immelt gets bum rap from Welch and you guy.
Keep dividends steady. It is steady and constant way to keep us family investors to add on regular basis.
Do not abandon the GE Money Bank concept in Philippines and other Asian nations. Cut out the bad boy image and poor credit card businesses. But, the GE Money Bank is gaining reputation in poor nations as place to: A) Learn how to have a checking ATM accont. B) How to save. C) That GE - a USA company is SAFE and will treat the customer fair and good.
Its working overseas. We can cut salaries in CT at headquarters. Nobody needs more than $200,000 regardless of what they do. Who needs more than that to live on? So Cut salaries and the ones who do not want to build the company in the old ways. Fire them .
This applies to the board and GE regualrs too. NO Base pay over $200,000 period. Let them buy GE stock if they want dividends. lol
The regular price of a home must be between $85,000 and $125,000 no more than that. The average working American cannot afford more house than in this price range.
If we keep building these expensive homes. Then people will be forced to just rent. Its basic math. Income is not that good. I work hourly and once was a high paid GM..
My opinion is that the average American worker making between $15,000 and $50,000 a year cannot buy a house over $85,000. I actually only make $9.74 per hour now. Work for the biggest media company in the world but can't afford even the deposit to get new apt. Let alone a house. And not a kid, 54 now. And doubt I will own a home again.
If homes are not between $85,000 and $125,000 (max). Then they are out of reach for normal working American's. The size or cost of square foot makes no difference ... Its final price that does. And most homes are out of reach of hourly working US Citizens. Its a shame on the American Dream. Taken away the hope we once had.
Cramer's Stop Trading! General Electric Brings Bad Credit to Light (12/18/08) [View article]
Cramer - the Standard & Poors - They told us about the sub prime problem before it happened? They warned us that credit rating agencies were fake and not watching what companies do. Just credit card owners?
These experts are wrong more than they are correct. Yet we or Media, calls them exerts. How dumb are we !
Without honor this nation as a republic is finished. Look at NYC and Washington. Franks and Reid and Dodd - they all took money from Fannie and Freddie. They refused legislation that could have curbed the credit crisis. But, they blocked the president's bill instead.
The people you elected to fix this problem - Helped to Cause the Problems. Its worse than a ficton writer. Cause most hard working American's and there are millions of us. Like me making $9.00/hr. Just got hours cut to 32 a week. We are still doing our best. While the Congress just gave themselves a $4,000 raise !
CONGRESS JUST GAVE THEMSEVES A RAISE - $4,000 +
AND YOU THINK THEY CARE ONE DITTY ABOUT NORMAL PEOPLE ?
Sort by:
Latest | Highest ratedCitigroup's Dark Arts [View article]
The leadership of Citi needs to run its business. Forget President BO and just do what is needed. Take the gloves off ! Do it now.
Time to End the Ken Lewis Horror Show [View article]
Blackstone Looks Bleak On Potential Writedowns - Barron's [View article]
I.O.U.S.A. [View article]
I knew Pete when he was Secretary of Commerce. His views have grown as he has become more knowledgeable as have mine. But, he sees the vision that the United States needs to start paying its bills. And making hard decisions on paying down the National Debt & not meaning the current budget deficit. That also needs be a surplus not a deficit. The end game will be a disaster of our own making.
I do not think The Congress or Obama have the guts to actually tackle the problem. Both parties and Obama are willing to spend like drunk sailors (not fair to slight drunk sailors but it works). At the expense of the future of the nation and its people.
Blackstone Is Volatile but Suits Our Strategy [View article]
China Investment Rewards Failed Blackstone Investment with More Cash [View article]
Why Wal-Mart Hirings Do Not Help U.S. Economy [View article]
Getting 'Iced Out in China' [View article]
GM Common Stock Is Worth More than You Think [View article]
There are many great low cost and low price stocks now. We who do not have much. Can make solid returns unlike anytime I have seen before. But, it is risky. And so only use what u do not mind losing.
Happy Trails
On May 30 02:48 AM User 422355 wrote:
> i got GM stock how can I trade?? can i trade on Monday??
Move from Beverly Hills Hurts Hilton Mystique [View article]
Move from Beverly Hills Hurts Hilton Mystique [View article]
Orlando is close to both coasts. It has vast talent pool with more hotel rooms than anywhere depending on how we cound Vegas. Its cheap to own property and taxes are half of Virginia's.
DC Area is no bargin. Traffic is gross ! you try driving there with out a limo? Or does the head of Hilton only care about the executives. Look at personal taxes. NO INCOME TAX IN FL>>>>> BIG INCOME TAX IN MD AND VA.
Move to Central Florida. Blackstone already owns part of Universal Orlando. and LXR in Boca. We got the best airport ! Welcome Home ... Welcom to Central Florida.
Have a Magical Day ! (You know where I work...lol)
It's Time for GE to Lose Its Triple-A [View article]
Keep dividends steady. It is steady and constant way to keep us family investors to add on regular basis.
Do not abandon the GE Money Bank concept in Philippines and other Asian nations. Cut out the bad boy image and poor credit card businesses. But, the GE Money Bank is gaining reputation in poor nations as place to: A) Learn how to have a checking ATM accont.
B) How to save. C) That GE - a USA company is SAFE and will treat the customer fair and good.
Its working overseas. We can cut salaries in CT at headquarters. Nobody needs more than $200,000 regardless of what they do. Who needs more than that to live on? So Cut salaries and the ones who do not want to build the company in the old ways. Fire them .
This applies to the board and GE regualrs too. NO Base pay over $200,000 period. Let them buy GE stock if they want dividends. lol
Is KB Homes' Outlook Realistic? [View article]
If we keep building these expensive homes. Then people will be forced to just rent. Its basic math. Income is not that good. I work hourly and once was a high paid GM..
Are U.S. Home Prices Reasonable? [View article]
If homes are not between $85,000 and $125,000 (max). Then they are out of reach for normal working American's. The size or cost of square foot makes no difference ... Its final price that does. And most homes are out of reach of hourly working US Citizens. Its a shame on the American Dream. Taken away the hope we once had.
Cramer's Stop Trading! General Electric Brings Bad Credit to Light (12/18/08) [View article]
These experts are wrong more than they are correct. Yet we or Media, calls them exerts. How dumb are we !
Without honor this nation as a republic is finished. Look at NYC and Washington. Franks and Reid and Dodd - they all took money from Fannie and Freddie. They refused legislation that could have curbed the credit crisis. But, they blocked the president's bill instead.
The people you elected to fix this problem - Helped to Cause the Problems. Its worse than a ficton writer. Cause most hard working American's and there are millions of us. Like me making $9.00/hr. Just got hours cut to 32 a week. We are still doing our best. While the Congress just gave themselves a $4,000 raise !
CONGRESS JUST GAVE THEMSEVES A RAISE - $4,000 +
AND YOU THINK THEY CARE ONE DITTY ABOUT NORMAL PEOPLE ?