Shaggieman

50 Comments

    • ON: Tue Oct 7th 11:46 AM
      Commented on:
      Wall Street Breakfast: Must-Know News
      Great points Axelrod, as usual. Your discussion made me think why not use Fed funds to make some failed institution whole again and set the greed mindset flowing again? Take LEH for instance; resurrecting them might do it and besides I think they were to big to have failed and we're now paying the price for it.
      View article »
    • ON: Wed Sep 24th 11:52 AM
      Commented on:
      Wall Street Breakfast: Must-Know News
      Hooray Axelrod608, Great job! Well said, I'd vote for you for Fed Chief but we've stuck with a bunch of idiots that I doubt can be stopped. When are folks going to wake up and realize they've been had?

      Remember G.W.'s good pal "Kenny Boy" better known as Ken Lay from Enron? I am affraid they have more then just bike riding in common.
      View article »
    • ON: Wed Sep 24th 11:03 AM
      Commented on:
      Buffett's Bailout: Let's Call it 'Trickle-Up' Economics
      I don't trust Buffet, Paulson or Bernanke to do what's right for this country and I say "NO MORE TAXPAYER DOLLARS."
      View article »
    • ON: Tue Sep 23rd 11:37 AM
      Commented on:
      Paulson and Bernanke Were Wrong on Lehman
      You folks heard about the $2.5B bonus money Lehman socked away just before the BK filing. These banking folks are crooked as they come and should be left to fail. NO MORE TAXPAYERS MONEY.

      www.independent.co.uk/...
      View article »
    • ON: Tue Sep 23rd 10:45 AM
      Commented on:
      Wall Street Breakfast: Must-Know News
      I suppose you folks all saw this one. Looks to me like Lehman transfered money out so they could go BK.


      www.independent.co.uk/...
      View article »
    • ON: Wed Aug 20th 10:21 AM
      Commented on:
      Three Casino Stocks Rolling Over
      U.S. could also restrict the number of Chinese tankers admitted to U.S. ports and greatly increase there docking fees to pay for the added security. Point is we can find things here in the U.S. to restrict that will cost Chinese companies $$$$.
      View article »
    • ON: Fri Aug 8th 10:07 AM
      Commented on:
      EPA Rejects Congress's Ethanol Waiver
      Corn based ethanol is just flat out a dumb idea that came from a bunch of no nothing politicians; the switch grass crowd. I would like to see it replaced by sugarcane grown in the southeast, Hawaii, and eventually Cuba and imported stuff from Brazil.
      View article »
    • ON: Wed Aug 6th 12:15 PM
      Commented on:
      Oil, Gas, Electric Cars, the Market and the Economy
      Muddling - The only way to do electric cars is to change out the battery packs like on your electric drill. The Israeli's are doing it right now with an electric car built by Nissan. They're adding swap stations all over their country.

      Jim - I don't understand how you missed the big selling point on NG? Instead of sending $700 billion a year over to the middle east we're keeping the jobs and money here in America where they belong. We are the Saudi Arabria of NG here so why not use what we have in our own backyards?
      View article »
    • ON: Fri Aug 1st 21:31 PM
      Commented on:
      Crude Oil at $122 Is Good News for Refiners
      VLO is barely squeaking by and said at earnings conference call "they'll shut down before they lose money refining" or words to that effect. It's going to be interesting as CVX just reported a loss of 25 cents due to poor refinery margins. Seems like the refineries are refining too much product for their own good. No one should be required to give their product away while the public perception is exactly reversed that they're being ripped off. Go figure!
      View article »
    • ON: Sun Jul 27th 11:11 AM
      Commented on:
      What's the Right Price for Oil?
      I forgot to add this Steven Schork interview had it right all along. Listen especially around the 3:00 minute mark.

      www.bloomberg.com/avp/...
      View article »
    • ON: Sun Jul 27th 11:05 AM
      Commented on:
      What's the Right Price for Oil?
      Hey James,

      You probably already read about this in the FT. Looks like other firms found out that SemGroup was short so they were buying more and more long to drive there competitor under forcing the crude price ever higher and higher. After SemGroup's BK the competitors are selling crude cause they no longer have any reason to buy long. Wow! Mean world out there!

      www.nakedcapitalism.co...
      View article »
    • ON: Mon Jul 21st 12:47 PM
      Commented on:
      Getting Excited About PHEVs
      Anyone know if the current Hybrids can be put on battery chargers, overnight, right now? Seems to me that produces the PHEV savings without having any upgrades and can be done right away.
      View article »
    • ON: Sat Jul 12th 12:02 PM
      Commented on:
      Options Trader: Friday Outlook
      Window-Reuters
      DOW JONES NEWSWIRES

      Federal Reserve Chairman Ben Bernanke told Freddie Mac Chief Executive Richard
      Syron that Freddie and Fannie Mae are eligible to use the Fed’s discount
      window, Reuters reported, citing a source with knowledge of the conversation.
      Bernanke told Syron in their phone conversation that he intended to allow the
      two government-sponsored mortgage giants to use the option, the source said.
      Web site: www.reuters.com

      Dow Jones Newswires
      07-11-08 1500ET

      Dan - If this is what you're taking about I couldn't find any conformation and then later news seemed to recant this. Bottom line is no need to use the window I guess?
      View article »
    • ON: Sat Jul 12th 11:29 AM
      Commented on:
      How Low Can This Market Go? The 40 Percent Solution
      Reinko - all good points. I think the new car debt is declining because smart buyers are purchasing the smaller vehicles which are lower priced then the big SUVs. I have two which I plan to retire shortly but won't be buying anymore SUVs or big V8's for that matter.
      View article »
    • ON: Fri Jul 11th 11:12 AM
      Commented on:
      Yes, U.S. Gas Use Dropped; But So Did Production
      Bush could solve this problem with the stroke of a pen. Simply no new cars or SUVs, domestic or imported, over 3000 pounds period and new trucks could be purchased only by a licenced professional.

      Now quite throwing tomatoes at me.

      Maybe the 55 mph is a easier fix to save an instant 20%.
      View article »
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