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  • Whitney Gets Bearish: Will She Be Right Again? [View article]
    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".
    Nov 18 08:43 am |Rating: +4 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    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.
    Oct 30 10:21 am |Rating: +3 0 |Link to Comment
  • The Next Major Financial Crisis  [View article]
    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.
    Jun 29 10:26 am |Rating: +18 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    GM has about as many foreign entanglements as AIG. Why does anyone think a bankruptcy can be handled quickly. I mean Obama is a lawyer, so he should at least understand that. I know if I was a bond holder in GM, I'd want acess to Opel money if that it what it took to get paid back.
    Apr 13 08:44 am |Rating: +8 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    To place your future hope in a company that doesn't make money is insanity. I don't ever plan to see a dime from social security because the US gov't is insolvent, so why does anyone stake their future on GM which is more insolvent? My plan in enjoy life now. Have little to zero debt and plan to work forever. At the moment I've been doing what 60 Minutes pointed out last night, stockpiling guns and ammo as this is going to get ugly! Even more so that Leslie Stahl in bright lights.
    Apr 13 08:40 am |Rating: +9 -5 |Link to Comment
  • Thinking the Impossible: Could Bank of America Go to Zero? [View article]
    BAC must not be a buy if people are terrified to here that there might be serious problems there and are motivated to slay the messenger.
    $39T in derivatives boggles the mind. I wouldn't be buying it unless they were marked down to zero. Oh yeah they can't be marked down to zero because it is bigger than the GDP of the entire world! The guys who did this should be shot as traitors but then again they didn't intend to take down the US. The Fed and US gov't did this to us by taking on the responsibilities of crooks and fraudsters. This is going to end badly and now the entire world economy is committed to go down with the crooks. I've never seen anything like it.
    Jan 29 08:43 am |Rating: +8 -2 |Link to Comment
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