CJJ

Warning: U.S. Auto Crash Ahead

MPG not MPH...but you all are internet experts, so you know what I meant.

Warning: U.S. Auto Crash Ahead

Why don't you people who are so fixated on the "strength" of the foreign auto makers do some real research.
-US cars are competitive, the union promises and wages are not.
-The whole automotive sector is in the crapper. All over the world.

I'll let you all in on a little secret. We're in a really bad recession. People are wary of spending a few bucks on a meal out. Are you so dense that the car and home markets would be weak as those are the 2 biggest purchases 99% of people will ever make?

This slowdown is temporary. More Chinese people = more cars bought. More people in the world in general = more cars bought.

Wait until you can get a 50-100 mph car in the US...I'll let you all cling to your 18mph car and I'll plunk down the cash for the new car and laugh when gas goes to $10/gallon.

All these thousands of articles and millions of posts debating this stuff is just a bunch of noise.

Markets Headed Down, But Not Only Because of Swine Flu

This author is pretty much wrong in most of his article:

1.The market is down a blip as some people have pointed out. This doesn't at all match up with his blah, blah, blah about the media causing/not causing movements.
1a.Was anyone around last summer as oil barreled upwards daily on threats of Nigerian rebels or Mid East turmoil. That WAS SPECULATION AND MEDIA. Spare me that the "real" professionals really saw fundamentals behind that rise and fall. That episode more than any recently shows the whole group of pundits as frauds.
2.Why don't you read the Bespoke article about the flu of 1918...up to 100 million people died and there was a small downward blip in stocks quickly to be erased as WWI ended.
3.Sell in May and Go Away. Enough said. Waste of an article.

Could this guy be right that stocks are going to go down...sure...but it has nothing to do with anything in this article, most of which has been proven wrong.

Will the Stress Test Seal Ken Lewis's Fate?

Wah, wah, wah...Your money...

I have the Wahmbulance over here to sooth your pain.

Mac, why don't you step in and run Bank of America. I mean your an internet poster. You are really mad. That must make you more than qualified.

Why do we even put dates on things these days? They are worthless. All people do is "leak" information that the lemmings on the web take as fact.

I know its true, I read it on the internet...
-The Angry American Public

On Apr 28 10:26 PM mac123449 wrote:

> According to Reuters, CitiGroup wants to pay bonus to its trading
> unit employees. For manipulating market and making money using our
> money. I think is getting very insane. We all have to start revolting
> for taking our money and the banks making money again playing us
> and lending the same money to us for 15% interest.
>
> INSANINTY AND FRAUD AT LEVEL BEST AND NO ONE RESPONDING.

1918 Spanish Flu and the Market

Also...its funny how a site full of supposed financial and economic internet experts immediately turns into a site full of Swine Flu and medical experts...
You guys are a hoot...how you aren't all personally wealthy beyond everyone's wildest dreams is beyond me. You're the cream of the crop, don't you ever forget that while you're miserable and fearful of tomorrow.

1918 Spanish Flu and the Market

What are all the unemployment whiners going to do in about 10 years when we don't have enough workers in the US to fill jobs. Remeber that baby boom? The population rate of growth in the US has been falling...This will all work itself out...Social security will start to become underfunded in about 40 years, cooinciding with an economy strapped for workers. People will work longer and social security age will rise.
Odd how the run up in oil prices worsened the recession leading to rock bottom oil prices.
Odd how we'll have an ice age before "global warming" causes any of the catastrophes the "fear mongers" claim.
Odd how in 1918 we didn't have 1/1000th of the medical ability we do now but lets act like 100 million people will die after a flu strain that is killing less people than the "common" flu does per day already.

Fear, its the new Oxygen.

A Junk Stock Rally

I love how the doom and gloomers call out anyone pointing out a contrarian point of view to their own as "misconception of reality" and "claims with absolutely no basis"...
Why don't you all realize that the market is down almost 50%. It was down almost 60%...That the markets were pricing in depression prices.
Just because typical servere contractions see a huge over-reaction to the downside before returning to the norm doesn't mean this time that will occur. I love how doom and gloomers get to say "this time is different" and at the same time say "this time is the same" when it suit their thoughts.
None of you is right or wrong because predictions are cheap and impossible.
Over the last 16 months the doom and gloomers are right. Over the last 2 months Cetin is right. Who cares really unless your timeframe was 16 months or 2 months.

Something's Afoot in CDS: The Merrill - Bank of America Decompression Trade

My shorts are going to be on fire strikes again. There is absolutely no reason for a business in the USA today to be publically traded if they do not need to be. Not one of the Aholes shareholders was saying a word as this stock quintupled. This arrangement was constructed by the government. Why don't BAC shareholders ask themselves what the stock price and the gernal stock market would be looking like if Lewis did quash the Merrill deal.
Shareholders own the business, blah, blah, blah. Spare your tired line along the "Constitution is law of the country".. Again a capitalism crock of s...For all the conspiracy theorists and contrarians that run rampant here on Seeking Alpha and none talk about the fact that the common shareholder of a company is worthless. You have about as much chance to sway a Presidential election.
So if Ken Lewis is not voted out tomorrow can we have the loudest whiners in the room(akin to today's republicans) admit that just because they say they are the voice of the majority really loud that they aren't actually the majority.
I'm for freedom of opinion not propogation of stupidity and whining.

Thain Calls Lewis a Liar: BofA Saga Continues

Internet Experts strike again. There is absolutely no reason for a business in the USA today to be publically traded if they do not need to be. Not one of the Aholes shareholders was saying a word as this stock quintupled. This arrangement was constructed by the government. Why don't BAC shareholders ask themselves what the stock price and the gernal stock market would be looking like if Lewis did quash the Merrill deal.
Shareholders own the business, blah, blah, blah. Spare your tired line along the "Constitution is law of the country".. Again a capitalism crock of s...For all the conspiracy theorists and contrarians that run rampant here on Seeking Alpha and none talk about the fact that the common shareholder of a company is worthless. You have about as much chance to sway a Presidential election.
So if Ken Lewis is not voted out tomorrow can we have the loudest whiners in the room(akin to today's republicans) admit that just because they say they are the voice of the majority really loud that they aren't actually the majority.
I'm for freedom of opinion not propogation of stupidity and whining.

GGP's Bankruptcy Filing: Thoughts and Info

Internet Experts to the Rescue...Since 2008.

When are you guys going to have your IPO? I want to short it heavily.


On Apr 16 09:10 PM Fighting Yoda wrote:

> Fed now wants to get into commercial financing. Lets see how that
> pans out, this is the reason some of the REITS went up today.
>
> Overall commercial properties will go way down - lack of financing,
> tenant bankruptcies, huge leverage. MGM likely next in line. Ackman
> is wrong, he is throwing good money after bad.

Expecting the 'Better than Expected' from GE, Google and JPMorgan

Moron...the rules went back to what they were. Moron...

Where were you calling out the bank earnings back then.

I don't understand how people don't understand the market is just as dysfunctional at bottoms as it is tops. I guess its useless to argure...the world is ending anyway.

On Apr 15 09:40 PM Repsonsible Citizen wrote:

> Well they Sure Outa report Better Numbers , the Rules were changed
> last month so they Will Show much better Numbers but its all Smoke
> and Mirrows thats the Goverments specialty and theyve made it Very
> easy for the Banks to do it do !

John McLaughlin: More Clueless Economic Banter

Peter never EVER explains how his magical economy works.

He says you can't buy what you don't produce? You have to save more than you spend.

Actually. You should spend what you have. In a perfect world we'd all know how long we would live and ration accordingly. Weird, that's not the case.

Japan or China saving at a 30% clip isn't some great thing as Peter would have you believe, just like US savings at a negative % is just as assanine.

Why don't we add some accountability and not ALLOW people to get into debt, and encourage spending what you can afford. Promoting blind saving is a recipe for the same disaster we are seeing now.

The other point Peter seems to feel will magically go away is the fact THIS DAMAGE has ALREADY BEEN DONE. His policies enacted right now would ensure a 10-15 year SUPER DEPRESSION. I'll take the kicking of the can down the road instead. The world will go to war and/or forgive much of the debt in the world long before Peter's Depression would be over.

This Market Is Ridiculous

Is anyone going to ever start talking about the internet age and the rise of the Egoism of the 21st century.
I mean there is always a level of "now is the most important time in history". You watch a sporting event that is great and immediately peolpe are buzzing "Was that the best ever?"...It may have been really, really good, but the best ever is probably quite arguable.

I believe the Internet has exacerbated this type of thinking. Of course everyone is saying this is worse than 1970s, 80s, WWII...
Even if things level off and growth is flat for 10 years, in 1-2 years everyone will be convinced we are in a depression(some are already) and the 1930s will be replace as the Old Not So Bad Depression.

People are calling the Tea Parties from the other day the "biggest grassroots movement ever".

Get off it. Only history will really judge this period. But if anything, I can guarantee pessimism and "this is the worst" will continue to bubble. The Internet loves it and fosters it.

Will Banks Lead the Way to 1929 Crash Part II?

Don't all of you people WANT foreclosures and bank failures? I mean you're convinced EVERYONE(except you of course) are bankrupt anyways.
All you renters whining about the stealing of your savings as house prices are coming down and will probably continue down to historical cheapness.
Can we stop with the right wing extremist crap. Let's all censor what the Department of Homeland Security does(didn't see any of you complain about the Left Wind Extremist documents that were released at the end of last year). Let's just study all possible threats and put some nice pink stickers on the page and say "they seem like nice people" and call it a day.

Sucker's Rally Approaching an End

The crib notes of this article:

Blah, Blah, Blah and Blah, how can the market not go down. So in conclusion 100%, without a doubt, the market will go down.

Why are you writing a blog and not betting on Sports?