stefalb's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/326138/comments http://seekingalpha.com/article/164163-krugman-and-the-pied-pipers-of-debt?source=feed#comment-698186 698186 Thu, 01 Oct 2009 08:01:45 -0400 http://seekingalpha.com/article/130204-benefits-of-immigration-and-migration?source=feed#comment-459166 459166

On Apr 09 03:50 PM Liquid Fusion wrote:

> If America is attacked, where do illegal aliens place their alliegence?
>
>
> Will Barrack Obama please show his birth certificate? A certification
> of live birth is not the same thing. The latter ca be sent in up
> to a year after birth. The former is made the moment the newbord
> is in the presence of a doctor who delieerd the child.
>
> What if President Obama is an illegal alien?
>
> President Obama had several fathers. His first father (DNA test please)
> was from Kenya: British colony at the time Obama was born. This makes
> Obama a dual citizen - not eligible for the Presidency. When Obama
> returned to the US from Indonesia, where his second father made him
> an Indonesian citizen, did he re-affirm his US citizenship? Wouldn't
> it be the pot calling the kettle black: an illegal wanting to let
> other illegals in for free as well!!!
>
> Diluting down the culture and ability for founding citizens to live
> and prosper eqiuals an overthrow of this nation. Americans have had
> manufacturing driven down to very poor levels: almost vanish. Open
> borders brazenly flaunt laws. Jobs are easily exported overseas:
> this week IBM hired 70,000 persons in India. Last week IBM fired
> 5000 workers in the USA. Here jobs are reduced in the USA causing
> the friction between illegals and US Citizens to increase when work
> is almost non existant.
>
> The real persons of interest here are Kissenger, Brezinski, Soros
> (Obama's mentor / financial backer) - people who all want America
> as we know it changed: the New World Order. Illegal immigration is
> but one factor of their agenda who's object is destroying and breaking
> down the United States of America.]]> Fri, 10 Apr 2009 14:32:05 -0400

On Apr 09 03:50 PM Liquid Fusion wrote:

> If America is attacked, where do illegal aliens place their alliegence?
>
>
> Will Barrack Obama please show his birth certificate? A certification
> of live birth is not the same thing. The latter ca be sent in up
> to a year after birth. The former is made the moment the newbord
> is in the presence of a doctor who delieerd the child.
>
> What if President Obama is an illegal alien?
>
> President Obama had several fathers. His first father (DNA test please)
> was from Kenya: British colony at the time Obama was born. This makes
> Obama a dual citizen - not eligible for the Presidency. When Obama
> returned to the US from Indonesia, where his second father made him
> an Indonesian citizen, did he re-affirm his US citizenship? Wouldn't
> it be the pot calling the kettle black: an illegal wanting to let
> other illegals in for free as well!!!
>
> Diluting down the culture and ability for founding citizens to live
> and prosper eqiuals an overthrow of this nation. Americans have had
> manufacturing driven down to very poor levels: almost vanish. Open
> borders brazenly flaunt laws. Jobs are easily exported overseas:
> this week IBM hired 70,000 persons in India. Last week IBM fired
> 5000 workers in the USA. Here jobs are reduced in the USA causing
> the friction between illegals and US Citizens to increase when work
> is almost non existant.
>
> The real persons of interest here are Kissenger, Brezinski, Soros
> (Obama's mentor / financial backer) - people who all want America
> as we know it changed: the New World Order. Illegal immigration is
> but one factor of their agenda who's object is destroying and breaking
> down the United States of America.]]> http://seekingalpha.com/article/127523-gm-needs-to-be-leaner-and-meaner-if-it-wants-to-survive?source=feed#comment-437945 437945 Tue, 24 Mar 2009 09:28:35 -0400 http://seekingalpha.com/article/126447-why-aig-wasn-t-allowed-to-fail?source=feed#comment-430429 430429

On Mar 17 04:23 PM Websage wrote:

> Thanks for explaining this in a clear and concise way Felix. So,
> are CDSs no longer a systemic risk, thanks to US tax payers? Did
> we save the world?
>
> Is AIG out of this business now? I would think so, but not sure.
> Since the government owns AIG they certainly should be out of the
> CDS business? But, why does AIG still need help?]]> Wed, 18 Mar 2009 09:48:15 -0400

On Mar 17 04:23 PM Websage wrote:

> Thanks for explaining this in a clear and concise way Felix. So,
> are CDSs no longer a systemic risk, thanks to US tax payers? Did
> we save the world?
>
> Is AIG out of this business now? I would think so, but not sure.
> Since the government owns AIG they certainly should be out of the
> CDS business? But, why does AIG still need help?]]> http://seekingalpha.com/article/124213-why-we-shouldn-t-be-frightened-by-a-gm-bankruptcy?source=feed#comment-413902 413902 Thu, 05 Mar 2009 08:39:03 -0500 http://seekingalpha.com/article/116115-let-s-just-say-it-print-more-money?source=feed#comment-364461 364461

On Jan 23 02:54 PM Dirk McCoy wrote:

> Thank you for the comments. A few stood out:
>
> "how does this create wealth? wealth is what was lost."
> "Wealth was not destroyed. Houses did not burn to the ground. Factories
> did not turn to rubble. Airplanes did not vanish into thin air."

>
> "money in itself is not wealth. its debt. A fractional reserve system
> is a debt based system....so going deeper and deeper into debt gets
> what?"
> "The entire world runs on dollars and that's why we get away with
> printing it."
>
> Anything can serve as an instrument of trade, but dollars are more
> portable and less fungible than chickens, or, it seems, rubles.
> The dollar devalued by over a third as the global economy grew, and
> then economic activity plummeted as the dollar strengthened. While
> houses and factories are still standing (for the most part), utilization
> has dropped, and these assets are not producing anything (shelter,
> goods, services). Dollar-denominated debt money is backed by a promise
> of repayment of production- and don’t lose site that more production
> is a good thing.
>
> "you mention "demand" is disappearing when it was artificial in the
> first place."
> "We have the highest personal debt to GDP ratio in our history, passing
> the levels reached in 1929"
> "our GDP/Debt ratio is so ridicoulus distorded."
> "as inviduals can be classified as 'subprime' and default on their
> debt, so can nations."
>
> The Roaring 20s were a period of incredible growth and advances in
> living standards. The same nearsighted crowd worried about inflation
> created the Great Depression then, and crashed GDP on a global scale.
> Hopefully we’re smarter now.
>
> "No where does it say Congress can "print money" or "outsource" anything.
> It says Congress has the power to: "coin money, regulate the value
> thereof, and of foreign coin"
> Coin money, print money, affect exchange rates- this is what the
> Fed and Treasury do, together.
> "The solution isn't to go get more giant pumps to inflate the bastard
> thing even more beyond its capacity, twill just make the eventual
> pop that much more damaging."
> "THEN we need to ensure that every dollar is spent in a way that
> improves America's competitiveness"
>
> This is the crux of the issue- is our economy (creation and distribution
> of goods and services) better when it’s a giant, interconnected,
> complex thing, or are we better living like the Amish? No offense
> to the Amish, but we won’t call them to address the killer asteroid,
> killer virus, killer jihad, or lesser troubles such as the mediocrity
> of my HDTV signal. While it’s reasonable to worry about a “Tower
> of Babel” economy, it’s much more reasonable to focus on strengthening
> the foundations of that tower than shaking it and then watching it
> tumble.
>
> "It appears that "Zimbabwe" Dirk won't be happy until the FED sends
> every household a check for $100 Trillion so we can all pay off your
> debts"
> "Dirk, have you considered the impact on society as a whole when
> we reach the point where the US dollar becomes a "hot potato" and
> nobody wants to keep it in their pocket overnight for fear it will
> lose too much value?"
> "The US dollar will sharply "devalue" (really only against countries
> like China and the Middle Eastern oil exporting countries), but this
> is in fact a great thing for almost everyone."
>
> If you read my article you know I didn’t ask for $100 Trillion, or
> to pay off all debt. But I do agree that printing money to use to
> pay off Treasuries, and seeing continued weakening of the US dollar,
> would be a good thing. When everyone wants to buy what you’re selling,
> perhaps you’ve priced it too low, so creating a “warm potato” just
> means that the Chinese will want to cash in on dollar-denominated
> goods and services and assets. Why can’t more Chinese own vacation
> property in California and Colorado?
>
> "And I used to think Johnny Depp was a jerk for moving to France.
> I think I might ask him if he has extra room for me soon if we keep
> going in the direction Dirk is suggesting."
> "Are things really that bad that will kill oil and growth for the
> next 4-6 quarters like most analysts write about??"
>
> Things are bad enough that we just empowered a group of people who
> aren’t afraid to confiscate more of your savings and give it to people
> who aren’t producing anything. Things are bad enough that people
> are resorting to fraud and, potentially, violence. Taxes and social
> unrest are much more likely to induce someone to move to another
> country than if their dollar ETF is doing poorly.
>
> "Inflation is the best solution for an orderly downsizing of the
> United States of America."
> "Why not go all the way and get a constitutional amendment enshrining
> the right to bubbles?"
> “It gives me hope that economic education is occuring. I attribute
> this entirely to the proliferation of sound economic analyst on the
> internet”
>
> It would be nice if more folks actually understood the differences
> between fiscal vs. monetarist vs. noninterventionist policies, and
> could keep the names straight. I’m not a fan of the Austrian school
> because they don’t understand how monetary intervention is more to
> blame for economic crisis than some seven year economic bogeyman.
> I’m not a fan of Keynes because he’s only worried about moving around
> pieces of the same pie and would allow the government to create the
> winners and losers. I’m a big fan of monetarist thinking, and had
> the Fed not increased interest rates 18 times in their Quixotic quest
> to force long term market interest rates up (why? because we wanted
> bigger houses and could get them built?) attacking the innovators
> and risk takers upon which our modern economy depends for investment
> and production, I wouldn’t be pushing for extreme monetary expansion
> now. But they did- and I am.]]> Fri, 23 Jan 2009 15:19:23 -0500

On Jan 23 02:54 PM Dirk McCoy wrote:

> Thank you for the comments. A few stood out:
>
> "how does this create wealth? wealth is what was lost."
> "Wealth was not destroyed. Houses did not burn to the ground. Factories
> did not turn to rubble. Airplanes did not vanish into thin air."

>
> "money in itself is not wealth. its debt. A fractional reserve system
> is a debt based system....so going deeper and deeper into debt gets
> what?"
> "The entire world runs on dollars and that's why we get away with
> printing it."
>
> Anything can serve as an instrument of trade, but dollars are more
> portable and less fungible than chickens, or, it seems, rubles.
> The dollar devalued by over a third as the global economy grew, and
> then economic activity plummeted as the dollar strengthened. While
> houses and factories are still standing (for the most part), utilization
> has dropped, and these assets are not producing anything (shelter,
> goods, services). Dollar-denominated debt money is backed by a promise
> of repayment of production- and don’t lose site that more production
> is a good thing.
>
> "you mention "demand" is disappearing when it was artificial in the
> first place."
> "We have the highest personal debt to GDP ratio in our history, passing
> the levels reached in 1929"
> "our GDP/Debt ratio is so ridicoulus distorded."
> "as inviduals can be classified as 'subprime' and default on their
> debt, so can nations."
>
> The Roaring 20s were a period of incredible growth and advances in
> living standards. The same nearsighted crowd worried about inflation
> created the Great Depression then, and crashed GDP on a global scale.
> Hopefully we’re smarter now.
>
> "No where does it say Congress can "print money" or "outsource" anything.
> It says Congress has the power to: "coin money, regulate the value
> thereof, and of foreign coin"
> Coin money, print money, affect exchange rates- this is what the
> Fed and Treasury do, together.
> "The solution isn't to go get more giant pumps to inflate the bastard
> thing even more beyond its capacity, twill just make the eventual
> pop that much more damaging."
> "THEN we need to ensure that every dollar is spent in a way that
> improves America's competitiveness"
>
> This is the crux of the issue- is our economy (creation and distribution
> of goods and services) better when it’s a giant, interconnected,
> complex thing, or are we better living like the Amish? No offense
> to the Amish, but we won’t call them to address the killer asteroid,
> killer virus, killer jihad, or lesser troubles such as the mediocrity
> of my HDTV signal. While it’s reasonable to worry about a “Tower
> of Babel” economy, it’s much more reasonable to focus on strengthening
> the foundations of that tower than shaking it and then watching it
> tumble.
>
> "It appears that "Zimbabwe" Dirk won't be happy until the FED sends
> every household a check for $100 Trillion so we can all pay off your
> debts"
> "Dirk, have you considered the impact on society as a whole when
> we reach the point where the US dollar becomes a "hot potato" and
> nobody wants to keep it in their pocket overnight for fear it will
> lose too much value?"
> "The US dollar will sharply "devalue" (really only against countries
> like China and the Middle Eastern oil exporting countries), but this
> is in fact a great thing for almost everyone."
>
> If you read my article you know I didn’t ask for $100 Trillion, or
> to pay off all debt. But I do agree that printing money to use to
> pay off Treasuries, and seeing continued weakening of the US dollar,
> would be a good thing. When everyone wants to buy what you’re selling,
> perhaps you’ve priced it too low, so creating a “warm potato” just
> means that the Chinese will want to cash in on dollar-denominated
> goods and services and assets. Why can’t more Chinese own vacation
> property in California and Colorado?
>
> "And I used to think Johnny Depp was a jerk for moving to France.
> I think I might ask him if he has extra room for me soon if we keep
> going in the direction Dirk is suggesting."
> "Are things really that bad that will kill oil and growth for the
> next 4-6 quarters like most analysts write about??"
>
> Things are bad enough that we just empowered a group of people who
> aren’t afraid to confiscate more of your savings and give it to people
> who aren’t producing anything. Things are bad enough that people
> are resorting to fraud and, potentially, violence. Taxes and social
> unrest are much more likely to induce someone to move to another
> country than if their dollar ETF is doing poorly.
>
> "Inflation is the best solution for an orderly downsizing of the
> United States of America."
> "Why not go all the way and get a constitutional amendment enshrining
> the right to bubbles?"
> “It gives me hope that economic education is occuring. I attribute
> this entirely to the proliferation of sound economic analyst on the
> internet”
>
> It would be nice if more folks actually understood the differences
> between fiscal vs. monetarist vs. noninterventionist policies, and
> could keep the names straight. I’m not a fan of the Austrian school
> because they don’t understand how monetary intervention is more to
> blame for economic crisis than some seven year economic bogeyman.
> I’m not a fan of Keynes because he’s only worried about moving around
> pieces of the same pie and would allow the government to create the
> winners and losers. I’m a big fan of monetarist thinking, and had
> the Fed not increased interest rates 18 times in their Quixotic quest
> to force long term market interest rates up (why? because we wanted
> bigger houses and could get them built?) attacking the innovators
> and risk takers upon which our modern economy depends for investment
> and production, I wouldn’t be pushing for extreme monetary expansion
> now. But they did- and I am.]]> http://seekingalpha.com/article/116115-let-s-just-say-it-print-more-money?source=feed#comment-364411 364411

On Jan 23 08:09 AM Andy1234 wrote:

> This article is garbage and is one of the problems with society and
> our government.
>
> money in itself is not wealth. its debt. A fractional reserve system
> is a debt based system....so going deeper and deeper into debt gets
> what?
>
> If there isn't an expansion in production.....printin... money just
> steals value from the existing dollars in the system......so we basically
> screw every retiree in the process?
>
> Get your head out of your ass and create wealth. A printing press....or
> a computer where you keep hitting 0000000's does not create wealth.
> The problem is....we already did the whole creating money out of
> thin air thing....and this is where it got us. Government intervention
> into the free markets got us here.
>
> The free market is saying......slow the F down with this money creation
> thing.....and let's get back to reality. Wages are growing at much
> slower pace than everything around it.....and in reality....this
> is not sustainable.
>
> Wealth is created when one increases thier purchasing power.....when
> one can buy more value than before.....you are just saying that the
> dollar value may remain flat or go up.....but the value is left out.....if
> the dollar prices go up....and your purchasing power goes down...whats
> the point?]]> Fri, 23 Jan 2009 14:38:25 -0500

On Jan 23 08:09 AM Andy1234 wrote:

> This article is garbage and is one of the problems with society and
> our government.
>
> money in itself is not wealth. its debt. A fractional reserve system
> is a debt based system....so going deeper and deeper into debt gets
> what?
>
> If there isn't an expansion in production.....printin... money just
> steals value from the existing dollars in the system......so we basically
> screw every retiree in the process?
>
> Get your head out of your ass and create wealth. A printing press....or
> a computer where you keep hitting 0000000's does not create wealth.
> The problem is....we already did the whole creating money out of
> thin air thing....and this is where it got us. Government intervention
> into the free markets got us here.
>
> The free market is saying......slow the F down with this money creation
> thing.....and let's get back to reality. Wages are growing at much
> slower pace than everything around it.....and in reality....this
> is not sustainable.
>
> Wealth is created when one increases thier purchasing power.....when
> one can buy more value than before.....you are just saying that the
> dollar value may remain flat or go up.....but the value is left out.....if
> the dollar prices go up....and your purchasing power goes down...whats
> the point?]]> http://seekingalpha.com/article/116115-let-s-just-say-it-print-more-money?source=feed#comment-364150 364150

On Jan 23 11:04 AM DougM wrote:

> Dirk, on the other side of those loans are millions of savers who
> did not recklessly overleverage themselves. Your plan to wipe away
> the debts of the imprudent through inflation will come at their expense.
> What's your plan then, take them all on as wards of the state, printing
> yet more money for that? And what do you think will happen in the
> long run if you prop up the over-consumers at the expense of the
> savers? Google Warren Buffett's 2003 article in Fortune where he
> talks about Squanderville and Thriftville.]]> Fri, 23 Jan 2009 11:15:38 -0500

On Jan 23 11:04 AM DougM wrote:

> Dirk, on the other side of those loans are millions of savers who
> did not recklessly overleverage themselves. Your plan to wipe away
> the debts of the imprudent through inflation will come at their expense.
> What's your plan then, take them all on as wards of the state, printing
> yet more money for that? And what do you think will happen in the
> long run if you prop up the over-consumers at the expense of the
> savers? Google Warren Buffett's 2003 article in Fortune where he
> talks about Squanderville and Thriftville.]]> http://seekingalpha.com/article/116115-let-s-just-say-it-print-more-money?source=feed#comment-364115 364115

On Jan 23 09:59 AM Carl Spackler wrote:

> I agree with a lot said in here, but you have another scenario that
> could be reached by printing money - stagflation. That means economic
> stagnation with inflation. In fact, even though you hyper-inflate
> the money supply, in real dollar terms, the economy goes nowhere.
> Just imagine growth rate of 8% with 10% inflation. Funny that no
> one considers this as a possible response to all the helicopter drops
> the Fed is doing. When I studied economics, this was to me by far
> the worst scenario (even over deflation). With deflation, you can
> always inflate the economy by printing cash, but with stagflation
> you have to deflate the money supply and at the same time try to
> pick up the economy - a herculian task.]]> Fri, 23 Jan 2009 10:50:48 -0500

On Jan 23 09:59 AM Carl Spackler wrote:

> I agree with a lot said in here, but you have another scenario that
> could be reached by printing money - stagflation. That means economic
> stagnation with inflation. In fact, even though you hyper-inflate
> the money supply, in real dollar terms, the economy goes nowhere.
> Just imagine growth rate of 8% with 10% inflation. Funny that no
> one considers this as a possible response to all the helicopter drops
> the Fed is doing. When I studied economics, this was to me by far
> the worst scenario (even over deflation). With deflation, you can
> always inflate the economy by printing cash, but with stagflation
> you have to deflate the money supply and at the same time try to
> pick up the economy - a herculian task.]]> http://seekingalpha.com/article/116115-let-s-just-say-it-print-more-money?source=feed#comment-363889 363889

On Jan 23 08:09 AM Andy1234 wrote:

> This article is garbage and is one of the problems with society and
> our government.
>
> money in itself is not wealth. its debt. A fractional reserve system
> is a debt based system....so going deeper and deeper into debt gets
> what?
>
> If there isn't an expansion in production.....printin... money just
> steals value from the existing dollars in the system......so we basically
> screw every retiree in the process?
>
> Get your head out of your ass and create wealth. A printing press....or
> a computer where you keep hitting 0000000's does not create wealth.
> The problem is....we already did the whole creating money out of
> thin air thing....and this is where it got us. Government intervention
> into the free markets got us here.
>
> The free market is saying......slow the F down with this money creation
> thing.....and let's get back to reality. Wages are growing at much
> slower pace than everything around it.....and in reality....this
> is not sustainable.
>
> Wealth is created when one increases thier purchasing power.....when
> one can buy more value than before.....you are just saying that the
> dollar value may remain flat or go up.....but the value is left out.....if
> the dollar prices go up....and your purchasing power goes down...whats
> the point?]]> Fri, 23 Jan 2009 08:25:01 -0500

On Jan 23 08:09 AM Andy1234 wrote:

> This article is garbage and is one of the problems with society and
> our government.
>
> money in itself is not wealth. its debt. A fractional reserve system
> is a debt based system....so going deeper and deeper into debt gets
> what?
>
> If there isn't an expansion in production.....printin... money just
> steals value from the existing dollars in the system......so we basically
> screw every retiree in the process?
>
> Get your head out of your ass and create wealth. A printing press....or
> a computer where you keep hitting 0000000's does not create wealth.
> The problem is....we already did the whole creating money out of
> thin air thing....and this is where it got us. Government intervention
> into the free markets got us here.
>
> The free market is saying......slow the F down with this money creation
> thing.....and let's get back to reality. Wages are growing at much
> slower pace than everything around it.....and in reality....this
> is not sustainable.
>
> Wealth is created when one increases thier purchasing power.....when
> one can buy more value than before.....you are just saying that the
> dollar value may remain flat or go up.....but the value is left out.....if
> the dollar prices go up....and your purchasing power goes down...whats
> the point?]]> http://seekingalpha.com/article/116115-let-s-just-say-it-print-more-money?source=feed#comment-363882 363882

On Jan 23 05:06 AM The hand wrote:

> dirk, how does this create wealth? wealth is what was lost. what
> will happen using your approach is assets will continue to decline,
> wages will remain flat, and all other prices will go up.
>
> as you have not lived through inflationary times, let me assure you
> that your scenario will make you less well off tomorrow.
> ]]> Fri, 23 Jan 2009 08:19:05 -0500

On Jan 23 05:06 AM The hand wrote:

> dirk, how does this create wealth? wealth is what was lost. what
> will happen using your approach is assets will continue to decline,
> wages will remain flat, and all other prices will go up.
>
> as you have not lived through inflationary times, let me assure you
> that your scenario will make you less well off tomorrow.
> ]]> http://seekingalpha.com/article/116115-let-s-just-say-it-print-more-money?source=feed#comment-363856 363856 Fri, 23 Jan 2009 07:46:23 -0500 http://seekingalpha.com/article/116115-let-s-just-say-it-print-more-money?source=feed#comment-363801 363801 Fri, 23 Jan 2009 05:33:10 -0500 http://seekingalpha.com/article/115417-obama-pragmatism-and-the-keynesian-fallacy?source=feed#comment-360706 360706 Tue, 20 Jan 2009 08:59:54 -0500 http://seekingalpha.com/article/114966-exclusive-interview-with-jim-rogers-inflation-is-coming?source=feed#comment-358428 358428

On Jan 17 05:47 AM mbr wrote:

> Faced with the state of the US of North America what would you do
> if you had to decide about using your USD reserves? Keep buying US
> treasuries to preserve exports to the US? But US demand is going
> down and the fed prints whatever money is needed, so what is the
> point? Instead it would be wiser to spend the reserves buying hard
> assets, patents and products that can be used to develop china's
> internal economy. Guess who the beneficiaries might be...]]> Sat, 17 Jan 2009 10:40:56 -0500

On Jan 17 05:47 AM mbr wrote:

> Faced with the state of the US of North America what would you do
> if you had to decide about using your USD reserves? Keep buying US
> treasuries to preserve exports to the US? But US demand is going
> down and the fed prints whatever money is needed, so what is the
> point? Instead it would be wiser to spend the reserves buying hard
> assets, patents and products that can be used to develop china's
> internal economy. Guess who the beneficiaries might be...]]> http://seekingalpha.com/article/114966-exclusive-interview-with-jim-rogers-inflation-is-coming?source=feed#comment-358423 358423

On Jan 16 09:59 PM nport wrote:

> I guess the two investors I admire most are Rogers and Buffett.
> So I'm torn between their public statements on the future. Buffett
> says he is out of bonds in his personal account and getting long
> domestic stocks. Rogers says get out of the dollar. It's finished
> as the world's reserve currency. Inflation is coming big time.
> I can't argue with his reasoning. The US owes 13 Trillion and will
> continue to print money until all the trees are gone. We have promised
> 50 T to the baby boomers for medicare and of course social security
> adds to the looming deficits. And I haven't totaled the stimulus
> coming, nor the tarp, etc. That means, higher interest rates and
> that can't be good for stocks. A weak dollar can't be good for any
> nation long term. So who is right about the long term viability
> of our economy? Buffett or Rogers? Or are they not mutually exclusive?
> Can they both be right? I'll take your answers off the air.]]> Sat, 17 Jan 2009 10:33:40 -0500

On Jan 16 09:59 PM nport wrote:

> I guess the two investors I admire most are Rogers and Buffett.
> So I'm torn between their public statements on the future. Buffett
> says he is out of bonds in his personal account and getting long
> domestic stocks. Rogers says get out of the dollar. It's finished
> as the world's reserve currency. Inflation is coming big time.
> I can't argue with his reasoning. The US owes 13 Trillion and will
> continue to print money until all the trees are gone. We have promised
> 50 T to the baby boomers for medicare and of course social security
> adds to the looming deficits. And I haven't totaled the stimulus
> coming, nor the tarp, etc. That means, higher interest rates and
> that can't be good for stocks. A weak dollar can't be good for any
> nation long term. So who is right about the long term viability
> of our economy? Buffett or Rogers? Or are they not mutually exclusive?
> Can they both be right? I'll take your answers off the air.]]> http://seekingalpha.com/article/114966-exclusive-interview-with-jim-rogers-inflation-is-coming?source=feed#comment-358418 358418

On Jan 15 02:31 PM Larry House wrote:

> I hold Jim Rogers' opinions in high regard. He is quite blunt and
> cock sure, which bothers some, but I think he is usually right on
> has a good handle on the "big picture." I agree with the outlook
> for inflation, but it is impossible to say when. Even Rogers said
> that. Going into commodities now could beat a person to death waiting
> for the inflationary pressures to set in. I think investing to capture
> the rise of inflation will be THE major play at some point in the
> future; there is just no telling if it will come late '09, '10, '11
> or later.]]> Sat, 17 Jan 2009 10:23:49 -0500

On Jan 15 02:31 PM Larry House wrote:

> I hold Jim Rogers' opinions in high regard. He is quite blunt and
> cock sure, which bothers some, but I think he is usually right on
> has a good handle on the "big picture." I agree with the outlook
> for inflation, but it is impossible to say when. Even Rogers said
> that. Going into commodities now could beat a person to death waiting
> for the inflationary pressures to set in. I think investing to capture
> the rise of inflation will be THE major play at some point in the
> future; there is just no telling if it will come late '09, '10, '11
> or later.]]> http://seekingalpha.com/article/113072-taleb-vs-merton-cont?source=feed#comment-346104 346104

On Jan 04 08:27 PM Gtarras wrote:

> To Tom Armistead:
>
> I am curious what theories of Taleb you are referring to?
>
> Using my previous metaphor from "Seven samuri" in earlier post, I
> would say that Mr Taleb's "fat tail" events theories might help to
> prepare us for a storm, but do not help us "work the land" at all...
>
>
> Unfortunately, I changed my opinion of Taleb, and, using his own
> words, consider him "an intellectual charlatan"....]]> Mon, 05 Jan 2009 04:23:52 -0500

On Jan 04 08:27 PM Gtarras wrote:

> To Tom Armistead:
>
> I am curious what theories of Taleb you are referring to?
>
> Using my previous metaphor from "Seven samuri" in earlier post, I
> would say that Mr Taleb's "fat tail" events theories might help to
> prepare us for a storm, but do not help us "work the land" at all...
>
>
> Unfortunately, I changed my opinion of Taleb, and, using his own
> words, consider him "an intellectual charlatan"....]]> http://seekingalpha.com/article/113046-as-goes-gm-so-goes-u-s-government-credit?source=feed#comment-346099 346099

On Jan 05 12:00 AM a. palmer jr. wrote:

> I saw a neat little car on tv today. It was a Nissan (I forget the
> other name) but it costs less than $10000. It's probably a pretty
> good little car. Why can American car companies come up with something
> like that instead of pushing suvs?]]> Mon, 05 Jan 2009 04:04:26 -0500

On Jan 05 12:00 AM a. palmer jr. wrote:

> I saw a neat little car on tv today. It was a Nissan (I forget the
> other name) but it costs less than $10000. It's probably a pretty
> good little car. Why can American car companies come up with something
> like that instead of pushing suvs?]]> http://seekingalpha.com/article/113046-as-goes-gm-so-goes-u-s-government-credit?source=feed#comment-345673 345673

On Jan 04 02:18 PM Geary wrote:

> Stefab -
>
> Do you actually read what you type - WHERE do you think the money
> "paid" to GMAC by GM comes from? Are you datf?]]> Sun, 04 Jan 2009 15:29:02 -0500

On Jan 04 02:18 PM Geary wrote:

> Stefab -
>
> Do you actually read what you type - WHERE do you think the money
> "paid" to GMAC by GM comes from? Are you datf?]]> http://seekingalpha.com/article/113046-as-goes-gm-so-goes-u-s-government-credit?source=feed#comment-345447 345447

On Jan 04 11:23 AM sangellone wrote:

> Could someone explain to me how GMAC can offer 0 percent financing
> when it is paying 3.75% for deposits and 8% on its US Government
> loan?
>
> Remember this outfit is headed by J. Ezra Merkin who invested heavily
> in Bernard Madoff's Ponzi scheme. Surely the US Government should
> demand his resignation as someone this incompetent with other people's
> money should not be trusted with taxpayer's funds.]]> Sun, 04 Jan 2009 12:02:11 -0500

On Jan 04 11:23 AM sangellone wrote:

> Could someone explain to me how GMAC can offer 0 percent financing
> when it is paying 3.75% for deposits and 8% on its US Government
> loan?
>
> Remember this outfit is headed by J. Ezra Merkin who invested heavily
> in Bernard Madoff's Ponzi scheme. Surely the US Government should
> demand his resignation as someone this incompetent with other people's
> money should not be trusted with taxpayer's funds.]]> http://seekingalpha.com/article/113046-as-goes-gm-so-goes-u-s-government-credit?source=feed#comment-345327 345327 Sun, 04 Jan 2009 10:41:52 -0500 http://seekingalpha.com/article/113072-taleb-vs-merton-cont?source=feed#comment-345269 345269 Sun, 04 Jan 2009 10:03:07 -0500 http://seekingalpha.com/article/112928-it-s-time-to-stop-the-economic-gloom-and-doom?source=feed#comment-345231 345231 Sun, 04 Jan 2009 09:11:46 -0500 http://seekingalpha.com/article/112928-it-s-time-to-stop-the-economic-gloom-and-doom?source=feed#comment-345226 345226

On Jan 02 09:31 AM Kingnukem wrote:

> Vienna... let's talk about how best to spend money. You note that
> you spend it on unemployment and the Americans spend it on the army.
> True. But why do you think you have the opportunity to skimp on the
> military? Perhaps because Uncle Sam is carrying your burden? Back
> in the '50s when the Soviets withdrew from Austria, do you think
> it happened because of Austrian might, or American pressure? How
> about the fall of the Soviet Empire - was that due to Austrian unemployment
> benefits or American strength? So, it appears that you are more than
> happy to freeload on the Uncle's back. This works until Uncle says
> "no more" - and I think that time is coming. Get ready.]]> Sun, 04 Jan 2009 09:07:56 -0500

On Jan 02 09:31 AM Kingnukem wrote:

> Vienna... let's talk about how best to spend money. You note that
> you spend it on unemployment and the Americans spend it on the army.
> True. But why do you think you have the opportunity to skimp on the
> military? Perhaps because Uncle Sam is carrying your burden? Back
> in the '50s when the Soviets withdrew from Austria, do you think
> it happened because of Austrian might, or American pressure? How
> about the fall of the Soviet Empire - was that due to Austrian unemployment
> benefits or American strength? So, it appears that you are more than
> happy to freeload on the Uncle's back. This works until Uncle says
> "no more" - and I think that time is coming. Get ready.]]> http://seekingalpha.com/article/112928-it-s-time-to-stop-the-economic-gloom-and-doom?source=feed#comment-345213 345213

On Jan 02 08:45 PM sickofthehype wrote:

> AWESOME. Well said my friend.
>
>
> On Jan 02 09:31 AM Kingnukem wrote:]]> Sun, 04 Jan 2009 08:59:00 -0500

On Jan 02 08:45 PM sickofthehype wrote:

> AWESOME. Well said my friend.
>
>
> On Jan 02 09:31 AM Kingnukem wrote:]]> http://seekingalpha.com/article/113011-2009-the-war-on-capital-ism-must-be-stopped?source=feed#comment-345185 345185 Sun, 04 Jan 2009 08:15:25 -0500