robinjoe

Whitney Gets Bearish: Will She Be Right Again?

I had a job when I was 13 and she could have just been reporting history, not speaking of her personal experience.


On Nov 17 08:09 PM tommiegun wrote:

> Whitney was 13 years old during the recession of 1980, yet the other
> day she spoke of how hard it was to get a job then!
>
> Just because she guessed about a financial crisis resulting from
> the real estate bubble, that does not make her an oracle.
>
> Most likely, just as she embellished the employment problem in the
> early 80's, she has once again stretched the truth about the degree
> of the banking/economy recovery collapse, W shaped recovery.
>
> If you really watch her talking you'll see her try to get a reaction
> from her host as she says something totally "off the wall".

Why GM Is Repaying Bailout Money

As one can always expect for GM, the focus in NEVER on making great products at a great price and making the buying experience the best.

The Global Oil Scam: 50 Times Bigger than Madoff

The problem with giant scams that for the most part always start in NYC is the public's response. If some of these guys were killed by the victims then I suspect the behavior would be contained. The victims who killed themselves rather than Madoff are particularly stupefying. I just don't see why people don't channel their anger in an honest way that should include violence towards perps. We have become a nation of spineless wimps.

Wall Street Breakfast: Must-Know News

It is always nice when you are spending borrowed money like drunken sailors. The problem is when those bills some due. Isn't that what lst years crisis is all about, the bills came due. The govt chose to borrow more money to delay the reckoning, but it will be all the greater. So yes, more stock, more wine, women and song.

The Problem with iPhone Killers

From what I gather from MOT employees, it is a sick company culture. Apple is suppose to be a great place to work. Tremendously talented people like me are the ones who create great products and we work wherever we want. So are we going to work at backstabbing hellholes or great places? MOT is doomed until they change their culture and Apple will thrive as long as they keep their culture.

Verizon's Droid Is the Real Deal

Not sure why people are sure no one can beat the iPhone. The iPhone isn't a very good phone or texting device. So if someone can equal it in internet and surpass it in the other two, then they win. They will be playing catch up in Apps for a good while, but if there are eyeballs the coders will port the iPhone Apps.

Wall Street Breakfast: Must-Know News

Old Trader, Ford has received billions from the DoE in corporate welfare so they aren't pure by any means. But refering to my earlier post, the perception is that they are the last "American" car company standing.

Wall Street Breakfast: Must-Know News

I think the American car companies have been kept afloat for decades by people who want to "buy American". I think this also explains the descrepencies in the sales figures. Buying "welfare cars"/Chrysler & GM vehicle is not considered "American" by middle Ameirica. Ford is the only true American car company left standing in their eyes. As the owner of several Fords, I'm in that camp as well. If I'm right, then GM and Chrysler had better build superior cars in a big hurry because they are on the same footing as Honda and Toyota in the mind of US consumers which means they will be compared soley on their products. Treacherous turf to be sure.

Wall Street Breakfast: Must-Know News

Europe is an non-competetive as it gets yet it doesn't run huge trade deficits. Other than protectionism, how do I explain this...VAT. Tax consumtion rather than production.

Wall Street Breakfast: Must-Know News

I'm in the business and I was shocked by the Northrop win. I would call it a shot across the bow for the tanker bid to be sure. I've been thinking that the Aif Force is pissed about the rigged tanker bid that has tarnished their reputation and is taking it out on the perp, Boeing.

9/29/08: The Day Sevens Weren't Lucky

"While the reaction was swift, lawmakers in Washington appeared to quickly come to their senses. "
They didn't "come to their senses". I knew the first bill wouldn't pass because it contained no pork. It was too hastily written for the important ingredients to be in there. The second bill had an incredible amount of pork including money for NASCAR. I knew that one would pass.

Popular Mechanics Gets It Wrong on Buick Hybrid

The Volt is in part a brilliant idea, one I had 26 years ago. The problem was in its goals and execution. An all electric drive train is brilliant and to prove its efficiency look at every modern locomotive. Diesel engine, electric drive train. Simple elegant, brilliant and far more versatile that idiot hybrids like the Prius and the far stupider versions everyone else is making. The problem is they should have aimed for a price point of way under $10,000 and they would have come up with totally different answers to engineering challenges. Now they have a car noone will buy but the govt. These guys are so stupid they could screw up sex!

My New iPhone 3GS: Beyond Awesome

It must be a location thing. I've only had problems with the iPhone in Europe and that was because it wouldn't default to the network that actually sells and normally operates with the iPhone. LA is a problem for anyone but Sprint in the remote areas like Calabasas. But in run of the mill locals AT&T is fine. I wonder if it is a network saturation issue.

Where General Motors Is Thriving Right Now

Let's build an infrastructure in cities for electric cars and diesel-electric hybrids that get 80+ mpg before we go down the hydrogen path for which there is no infrastructure.

The Next Major Financial Crisis

While I was in Europe, I heard the same panic in the financial presses' voices I heard on CNBC in August 2008. We are suffering some kind of delusion to think things are getting better. Maybe the rate of decent has stabilized, but you sure didn't even get that feeling in Europe.