The Threat Of GECC's Disappearing Tangible Common Equity Value to the Financial System [View article]
Hope this article gets many comments, as I love to read the tortured logic by the GE stockholders who believe the historically sound GE is the current GE. GE's golden days ceased in the past decade or so, about the same time as the market for derivatives increased exponentially. GE would probably have been OK if they had stuck with turbines, engines, motors, appliances and the rest of the stuff they built their company on. Such a shame to piss away a major piece of American culture.
Joe the Plumber aside, I'm not sure that quote can be taken at face value. It would depend on the individuals. For instance, Sam Walton, Warren Buffet, and Bill Gates would probably turn it upside down. On the other hand,it would probably apply to someone like Donald Trump.
On Apr 20 02:23 PM ur2smrt4me wrote:
> "A thousand millionaires have much more economic potential than one > billionaire." > > oh my lord, what would Joe the Plumber say???? :-) >
Weekly ETF Rewind: 'Bearish' Mechanical Signal Intact [View article]
What the hell are you talking about?
On Apr 20 09:17 AM Repsonsible Citizen wrote:
> Well now we will have Smart Grid , this is the same kind of NON SENSE > they promised with Cold Fusion works in the Lab sometimes but doesnt > transfer to REAL LIFE Applications ! OF Course now just coincidently > there Bringing Back the Cold Fusion Idea under NEW names Like The > Nuclear efffect. Its still the same IDEA, FREE CLEAN UNLIMITED ENERGY > didnt work 20 years ago doubt they can make it work now , but hey > it keep 1000s of scientists employed by mostly YOUR TAX Dollars The > Only part of "Smart Grid " thats ready to roll is smart meters they'll > Roll them out in Miami this week to much media hoopla they really > WON'T Change ANYTHING but it will Make people FEEL GREEN , lol The > rest of the Smart Grid technogy is still in various stages of developement > , Kinda like GMs Volt At $50K a copy and a range of 40 miles on one > 8 hour charge that will COST You depending were You live between > $2.00 cents to $ 2.50 to charge it,, NO folks Electric cars arent > FREE to operate Sorry folks. Once You used your 40 miles its back > to good old gasoline , they havent said what kinda of gas mileage > the Volt will get . Course You can Plug back in WAIT another 8 hours > to continue driving on Battery power. Its All Part of the GREEN agenda > , Its All BS is what it is . 20 Years from now this country will > still run 90% on Coal Fired Electrcity and 85% on Gasoline cars . > By Then Golbal warming will be debunked again . But I'll bet some > orgamzation still wants to save some snail somewhere , its what those > kinda people do . !!
Derivatives: A $700+ Trillion Bubble Waiting to Burst [View article]
SA should require readers to have an IQ of at least 50 before commenting.
On Apr 19 08:44 AM USisCorrupt wrote:
> America is just one Big PONZI scheme that is destined to fail. Bernie > Madoff did the banks a favor by admitting his guilt which took the > attention off the banks. I for one can't wait for the Revolution > to start. The People need to take their Country back from Al-Qaeda > which has took control. That's right Al-Qaeda WON the war for they > are in control of this Country NOW! > > Signed ...An un-Proud American!
Of course there wouldn't be much coverage of the tea parties by the mainstream media. The tea parties are an indictment of the sick ideology shared by the MSM and the bureacrats.
Thanks for an informative article dealing with reality. While some SA readers obviously prefer to remain in denial, I am not a member of that club. Your post is appreciated by many.
Bar Continues to Drop Dangerously on What the U.S. Will Accept as Collateral [View article]
Kohn's statement is typical of the lies from the federal government. I'd sooner believe graffiti written on the walls of a men's room in a pool hall. The government has managed to create a situation, through corruption and incompetence, where the average citizen is screwed at every turn. Hard to imagine any outcome now that doesn't involve much more pain for the taxpayer. Compliments of the on-the-take elected and appointed jerks.
Florida's BankUnited: 20 Days to Find Buyer or Risk Shut Down [View article]
Probably safe to say that the toxic sh#t carried by BankUnited of Coral Gables is miniscule compared to what the big boys have. All that sh#t will soon sell for what it is worth.
Starting to Position for Correction [View article]
Dragon--Say what you want about Erin, she's hot. Just think if someone could transplant a brain into that.
On Apr 18 12:36 PM wpdragon wrote:
> Cheerleader Central in the form of Maria Bartiromo, Dennis Kneel, > Erin Burnett and Goldilocks Kudlow ALL shook their fingers at us > stupid consumers on air in the late winter/early spring of 2008 and > accused Americans of "talking ourselves into a recession" - evidently > we just needed to keep spending irresponsibly and stay chirpy chirpy > happy happy like all their shills (you listening Erin?) and there > would be no recession and green money trees would grow to the sky. > > > You get what you pay for with Cheerleader Central, which equals exactly > ZERO. > >
The dialogue in the article reminds me of a quote I read somewhere a while back: "I know you believe you understand what you think I said, but I am not so sure you realize that what you heard is not what I meant."
David Tice: S&P 500 May Plunge to 325 [View article]
Anyone who accurately forecasts the bottom should not be hailed as a seer or prophet. Anyone who nails it will have made a lucky guess. If they believe otherwise, ask them to be so kind as to peg the next 2 or 3 bottoms for you.
The Threat Of GECC's Disappearing Tangible Common Equity Value to the Financial System [View article]
The Seduction of America [View article]
On Apr 20 02:23 PM ur2smrt4me wrote:
> "A thousand millionaires have much more economic potential than one
> billionaire."
>
> oh my lord, what would Joe the Plumber say???? :-)
>
Weekly ETF Rewind: 'Bearish' Mechanical Signal Intact [View article]
On Apr 20 09:17 AM Repsonsible Citizen wrote:
> Well now we will have Smart Grid , this is the same kind of NON SENSE
> they promised with Cold Fusion works in the Lab sometimes but doesnt
> transfer to REAL LIFE Applications ! OF Course now just coincidently
> there Bringing Back the Cold Fusion Idea under NEW names Like The
> Nuclear efffect. Its still the same IDEA, FREE CLEAN UNLIMITED ENERGY
> didnt work 20 years ago doubt they can make it work now , but hey
> it keep 1000s of scientists employed by mostly YOUR TAX Dollars The
> Only part of "Smart Grid " thats ready to roll is smart meters they'll
> Roll them out in Miami this week to much media hoopla they really
> WON'T Change ANYTHING but it will Make people FEEL GREEN , lol The
> rest of the Smart Grid technogy is still in various stages of developement
> , Kinda like GMs Volt At $50K a copy and a range of 40 miles on one
> 8 hour charge that will COST You depending were You live between
> $2.00 cents to $ 2.50 to charge it,, NO folks Electric cars arent
> FREE to operate Sorry folks. Once You used your 40 miles its back
> to good old gasoline , they havent said what kinda of gas mileage
> the Volt will get . Course You can Plug back in WAIT another 8 hours
> to continue driving on Battery power. Its All Part of the GREEN agenda
> , Its All BS is what it is . 20 Years from now this country will
> still run 90% on Coal Fired Electrcity and 85% on Gasoline cars .
> By Then Golbal warming will be debunked again . But I'll bet some
> orgamzation still wants to save some snail somewhere , its what those
> kinda people do . !!
Derivatives: A $700+ Trillion Bubble Waiting to Burst [View article]
On Apr 19 08:44 AM USisCorrupt wrote:
> America is just one Big PONZI scheme that is destined to fail. Bernie
> Madoff did the banks a favor by admitting his guilt which took the
> attention off the banks. I for one can't wait for the Revolution
> to start. The People need to take their Country back from Al-Qaeda
> which has took control. That's right Al-Qaeda WON the war for they
> are in control of this Country NOW!
>
> Signed ...An un-Proud American!
The Seduction of America [View article]
On Elephants and Tea Parties [View article]
Buyer Beware: 30 Biggest Bankruptcy Risks [View article]
Can a Stock Market Meltdown Happen from Here? [View article]
Bar Continues to Drop Dangerously on What the U.S. Will Accept as Collateral [View article]
Florida's BankUnited: 20 Days to Find Buyer or Risk Shut Down [View article]
Starting to Position for Correction [View article]
On Apr 18 12:36 PM wpdragon wrote:
> Cheerleader Central in the form of Maria Bartiromo, Dennis Kneel,
> Erin Burnett and Goldilocks Kudlow ALL shook their fingers at us
> stupid consumers on air in the late winter/early spring of 2008 and
> accused Americans of "talking ourselves into a recession" - evidently
> we just needed to keep spending irresponsibly and stay chirpy chirpy
> happy happy like all their shills (you listening Erin?) and there
> would be no recession and green money trees would grow to the sky.
>
>
> You get what you pay for with Cheerleader Central, which equals exactly
> ZERO.
>
>
Citigroup's Horrible Conference Call [View article]
Short in May and Go Away [View article]
David Tice: S&P 500 May Plunge to 325 [View article]
5 Suggestions for a New Uptick Rule [View article]