beenburnedtwice

Tuesday Outlook: Commodities, Global Markets

in 12 months I'll bet that my gas bill is not 1/4 of what it is today.


On Jun 09 08:58 AM john s. gordon wrote:

> unfaire -
>
> your gas bill is constructed using futures purchased 12 months ago,
> remember that your gas company (being a regulated monopoly unlike
> exxon etc.) is in the cost+fixed fee (seekingalpha.com/symbo...)
> business.

U.S. Inflation Pressures Continue to Rise - ECRI

Is the up-tick real, or an illusion?

You showed all other nations as flat or deflationary.

U.S. Jobs Propaganda Gets More Desperate

And this just in from the Washington State Department of Employment, "job openings in April were down 56 percent from the same period a year ago. More than 40 per cent of the openings paid less than $10/hr." Now that's change we can believe in.

And Wal-Mart just announced that they need to hire another 15,000.

So if you're unemployed now, you have a lot to look forward to.

California: Trailblazing the Road to Insolvency for the Rest of Us?

You didn't mention bureaucracy, in which civilized California excels!

On May 12 10:34 PM Alan Young wrote:

> Well, somehow the rest of the civilized world manages to pay for
> health care, education, and social safety nets without going bankrupt.
>

California: Trailblazing the Road to Insolvency for the Rest of Us?

Out of your 2065 comments on SA this is the first time I agree with you.

On May 12 02:31 PM Cetin Hakimoglu wrote:
> California is an economic powerhouse, but it's being drained by free
> heath care, universal education, welfare programs, and bureaucracy.

California: Trailblazing the Road to Insolvency for the Rest of Us?

Can we tax that?


> Whatever happened to same sex marriage?
>
> On May 12 07:07 PM Michael_Cohen wrote:

The Oil Business Could Be Worse (But Not Much)

Nice analysis that I would like to see more of on S-Alpha. The best thing for oil majors is for crude to stabilize between $55 and $70 in the next couple of years though, no spikes, no dips.

CVX, XOM, COP all good long positions.

Chevron's Whopping Tax Burden

Will CVX be making a corporate move to Houston in the next 5 years?

Anybody who thinks they're not paying their fair share is a moron.

Do You Believe Borrowing Leads to Prosperity? (Part 2)

Jim,

Why are you debating with Cetin?


On May 07 04:14 PM James Quinn wrote:

> I can't figure out whether you are a shill pushing your website,
> a parasite, or truly as dumb as you seem? Maybe you can provide another
> moronic comment and I'll have a better idea.

The Epicurean Dealmaker, in a spicy piece on corporate negotiations, downplays the shock and dismay surrounding the apparent hardball played by government officials in Chrysler negotiations (and, by extension, BofA's Merrill takeover?). "Had I advised the government on Chrysler, I would have encouraged them to use the very same tactics."

Read the author's article.

He thinks its okay, and actually endorses, the fact that the current administration behaves like a bunch of Muscovite gangsters from the 80's or 90's.

Hail the Bolsheviks.

Nouriel Roubini: Will the global imbalances return along with the economy?

Cetin this doesn't sound like you. Are you okay?


On May 01 06:23 PM Cetin Hakimoglu wrote:

> That's why lower taxes are essential

What Will This Crisis Lead to?

"The choice is ours/"

We have no choice.

Obamanomics: In beginning to articulate his long-term approach and its ideological underpinnings, the president is putting an early stamp on what promises to be a debate of historic importance. "We cannot rebuild this economy on the same pile of sand."

It's time to re-read and contemplate the Declaration of Independence.

Weekly Observations: Even with Government Intervention, Deflation Risks Continue

Very well put Jimbo, in layman's terms.


On Apr 18 12:15 PM Jimbo wrote:

> I am unable to dispute the author's findings and opinions. However,
> as a retiree with a modest investment portfolio that has been crushed,
> I find state and local taxes are not declining and my state legislature
> is now raising any number of "fees" on me and my fellow citizens.
> Gasoline has begun increasing again, our electric utility just received
> permission to raise rates 25%. Packaged grocery items are increasing
> in price or getting lighter or smaller. the cost of services, such
> as haircuts, have been significantly increased in my community. What
> seems to be "deflating" is the living standard of the citizenry.
> In past inflationary periods, people seemed to count on having more
> "money" to pay the increased prices. What do we do now?

It's Lost Jobs, Not Mortgage Payments

Lost jobs will accelerate later this year when the only employment sector that is holding it own now, government, starts to decline. Government jobs will decline by 5 to 15% across the country because of state, county, city, and local government cuts in services. Making it harder to own a home.

When talking to Obama supporters, who are easy to spot when their mouths first open, they are optimistic about a quick and fairly painless recovery, and the steps taken by Geithner, Bernanke, and crew have been sound. However, long-time Republicans have an equal and opposite viewpoint but they miss the real pressing issues--that until we begin to balance our spending deficits and allow markets to correct themselves we are setting ourselves up for long term failure of the highest degree--something that Republicans have not been able to do.

I hope the Obama administration does not begin purchasing more and more of our bedroom property in order to stabilize pricing and establish residences for the so-called "dead beats" who don't have a job. When times get really tough we need to turn to our own families for support. Its times like these that will re-focus America and help get it back on its feet again.