jpeak

Cramer's New Report Card: He Passed

Wow. I am blown away by the support for this clown. The last quote I recall regarding Cramer is that he has "called more bottoms than a proctologist." That's pretty accurate. Clearly nobody (including the author of this post) was around when he was screaming that GM was a "45 dollar stock" before it plummeted. And that Wachovia was "was well run with Steele at its helm (and on his cheesy show to boot)" and never forget to "ring the bell on homebuilders..." before the all crashed.

Don't get me wrong. Cramer knows stocks and daytrading, but that is not the audience he caters to. First, if you listen to him and buy on his advice you're an idiot. If you're a retail investor that doesn't know better and listens to him you're screwed. That is where I have a problem.

Don't pitch this shitty investor that can't make a dime on his own advice to other people. As far as I know Cramer has only made money selling stock in his crap company that gives crap advice.

CPI and PPI Both Showing Deflation

> Yoda, I must take one exception with you
> analysis: deflation is bad for UnPrepared consumers.

You're right. That means most Americans. And Helicopter Ben isn't finished yet. He will continue to monetize our debt and create "manageable" inflation to help destroy debt of such consumers. He has to and it is a desired outcome.

Does anyone believe he knows how to pull the right set of levers to steady the ship when the time comes??

Ousting Rick Wagoner Won't Solve GM's Problems

Sorry, but my problem with Wagoner is that he refused to either put his chips on the table or go away. So we all stood around waiting endlessly for him to play the hand we all knew he had.

Unions are a cancer that destroy companies. They are the greatest destroyer of working class jobs in America this past century. You only have to look at the steel, airline and car industries for proof. Wagoner needed to lay this on the table and either win or get thrown under the bus. He didn't and was thrown under the bus anyway. He's a Fool and an Idiot. He has wasted tens of billions of dollars or our money trying to stroke necessary concessions out of the greedy union scumbags that will never come unless forced. Now I have to hope Obama does it. Sheesh... fat chance.

Mark-to-Market: A Rule That Begs to Be Broken

What I find appalling is all of the folks that think MTM is bad, but don't have a replacement. So are you just saying that companies get to pick what they want? Isn't the failure of that strategy what created MTM? Don't you wonder if the numbers might be "fudged" a bit if you proceed with such a strategy?

Really, what are you people thinking?? Why can people logically move from Point A (MTM sucks) to Point B (duh, what governance do I use now...er..nothing).

Until somebody has a *better* strategy rather that throwing darts what actually works then they are part of the cadre of fools that got us here in the first place. Ignore them.

Dr. Doom Responds on Wells Fargo

Yo tom.. If you've made it to the bottom of this list I congratulate you on your fortitude. Regardless, and although I've never heard of you before, the evidence from this list is overwhelming that you are dipshit. Seriously what are you thinking? SA generally has good information on it so please don't pollute. You should ask Cramer for a job. He is always looking for cheerleaders that wind-up losing disproportionate amounts for the foolish willing to listen to him.

15 Companies That Might Not Survive 2009

The top 15 without a homebuilder?!? I think you need to revise your list.

Gold is Overbought: Time to Short Barrick?

I hate to say, but this is the classic case of shorts getting killed by playing a position that too many are expecting and whose opponents are numerous and have too much $$ to wipe them out. Go ahead and short it then. But my advice is to short something that where the opposite side of the trade doesn't foam at the mouth.

Did Fair Value Accounting Play a Role in the Credit Crisis?

This is a pointless he-said she-said article. Why post? I am far more interested in hearing alternative solutions to FMA that could be leveraged going forward that listening to people whine about how much the current system sucks cuz they lost money. So what are the insurers saying?.. They should get to arbitrarily suspend the rules as they please?

Big Media Fearmongering Drives Stock Market Lower

What a waste of digital space. Why did you even write this?

Pundits engage in punditry.

Clearly that is lost on you, but many of us are tired of people whining about the market being driven lower by an omnipotent group of media puppeteers. Show me your post where you complain about the market being unfairly driven higher by the same people and I'll retract my comment about the whining (presumably over your personal stock losses).