MJJP

Still the Worst Deflation in U.S. History

" and I would be interested to see how the unemployment rates would JUMP if we were all included in the stats." Nov 19 04:32 AM | Link | Reply +10
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Along with the other 10% of unemployed who have either given up looking or have exhausted their benefits .

12 Cheap Growth Companies

Here is a link to how bad it really is.

www.reuters.com/articl...

On Oct 25 12:20 PM Uncle Pie wrote:

> Healthcare in America is about 35% more costly per capita than it
> is in other developed countries because the health insurance oligopoly
> marks up the cost of health care by that much. Take a look at the
> income statement of any of these companies. You

6 Dividend Stocks for Current Income

I checked some of your suggestions and Yahoo shows no data on dividends being disbursed on many of those mentioned and also they are in the PK category.


On Oct 21 12:56 PM Uncle Pie wrote:

> When selecting dividend stocks for a long retirement, ask yourself,
> in what currency would I like to receive my retirement income? All
> the central banks are debasing their currencies at various rates,
> but none is being debased faster today than the US dollar. Wouldn't
> it be prudent to own securities which pay dividends in currencies
> other than the US dollar?
> A few suggestions: Canadian telephone BCE pays 6% in Canadian $;
> Crescent Point Energy, oil producer, pays 7.3% in Canadian $, Glaxo
> SmithKline,GSK, British pharmaceutical, pays 5% in British pounds;
> Power Financial POFNF, Canadian financial conglomerate, pays 4.75%
> in Canadian $, Pembina Pipeline, PMBIF, transports oil in western
> Canada, pays 10% in Canadian $,
> RioCan REIT, RIOCF, Canada's largest owner of shopping centers, pays
> 7.5% in Canadian $, Swisscom, SCMWY the Swiss telephone company,
> pays 7% in Swiss francs, Telefonica, TEF, Spanish telco with operations
> in Latin America, pays 6% in Euros, Total, TOT, large integrated
> oil co. based in France, pays 5% in Euros, Vermilion Energy Trust,
> VETMF, produces oil & gas in Europe, pays 7.5% in Canadian $.
> The writer owns shares in all of the above.

Cramer Stands Behind A Conservative Bank

History shows to bet against Cramer. As recently as last week Cramer gave thumbs up to CIT GROUP and the next day the stockholders almost lost their shirt and they may not be out of the woods yet.

Thursday Outlook: Commodities, Global Markets

Companies showing profits including Alcoa are doing so because they have been slashing and burning not because the businesss climate has improved. As far as the stock market is concerned it does not reflect reality and is being moved be forces with deep pockets with a responsibility to show positive results. I am talking mainly the mutual fund and investment managers.Scott Trade and others exist because of day traders. They make their money when people trade. They encourage this activity. This is a trading market and has always been.The stock market can be considered a legal casino. Don't believe me? Go to the message boards on Yahoo finance and read the supposed buys and sells. Why do business shows like the CNBC and MSNBC exist on a daily basis? It's entertainment. Stocks going up or down a few cents or a percentage or two do so because of big players not necessarily because anything has changed and any percieved changes are usually not significant. The average person should not pay any attention to it.

The Case for Dumping Dollars, Buying Gold

Can we have a moratorium on the gold pumpers? The average person on the street is not going to swap his/her CD'S IRA 401k and even cash for gold on any significant scale. First off someone would have to have millions of dollars in assests to even make a difference. Secondly it's a gamble at best. Gold is only valuable because someone says it is. The govt can again like in the 30's ban the ownership of gold and confiscate it. How safe is that? How safe is holding the real stuff when someone finds out you have it? How safe is the holding company for the gold if they decide to skip town ? When you buy the real stuff you pay a premium for it ( above its value) not counting shipping and insurance. When you sell it it's for less than value plus shipping and insurance. Now assuming someone did as you suggest and hold gold the only way to use day to day is to convert it back to WHAT? PAPER! Try buying bread and milk with real gold. Try paying to fill your gas tank using gold. Good luck with getting change.

Is There Really a Global 'Cabal' Aiming to Dump the Dollar?

Buying and selling oil in currencies other than the dollar is a bogus concern. Any and all countries now have the freedom to do just that anytime they want using the FOREX. Oil at this very moment is priced in both dollars and EUROS despite the fact oil is priced in dollars. So oil does not have to be traded in EUROS to be traded in EUROS. Some of the major oil producing countries hold negligable amounts of dollars like Venezuela and Iran yet they trade oil. Look at gold . It is priced in everything yet it doesn't matter.

No Chance of a 'V' Recovery

What you propose exists in areas like South America and Africa. Go there and see how they live day to day and see what less govt is like. Govts have always controlled trade going back to the middle ages. Do some history on the Dutch and the English. Those countries that protected their trade and encouraged the trades (unions) lived very well.


On Oct 02 09:50 AM The Geoffster wrote:

> The "real" economy can never return unless the government stops interfering
> with commerce. America has been moving toward a state controlled
> economy since the Great Depression when policy makers lost confidence
> in capitalism's ability to "fairly" distribute goods and services.
> This corresponded to the popularity of social welfare programs in
> Europe and the struggle between communism and fascism. In either
> case, statism was the outcome and personal freedom was eroded. We
> are now in the midst of another economic collapse and our policy
> makers are reacting similarly. Universal health care will become
> a government mandate and its costs will become unsustainable in the
> same manner as social security and medicare. America's shift from
> individual responsibility to collective responsibility is nearly
> complete and has been accomplished through the ballot box. Our forefathers
> envisioned a nation where they would take personal responsibility
> for their lives free of government oppression. They did not ask the
> government to provide for their needs because they understood the
> bargain was faustian. They did not believe the function of government
> was eleemosynary. Charity was private. Fast forward 250 years and
> we have become a nation which believes government can be all things
> to all people. Tell me, do you feel free?

Today's Employment Report: A Key Recovery Indicator

9.8 is actually lower than I thought would be published . However this will probably be ratcheted up next week so as to buffer the real impact. It is probably over 10% as we speak and calculated by their definition. The reality is that unemployement is really near 18% with untold numbers running out of unemployement compensation weekly and are not counted.

CIT's Failure Could Threaten Financial Sector's Overall Recovery

Sure it's easy to just say let them fail until YOU find out your IRA or 401 is heavily invested in these banks along with many mutual funds , pension funds and who knows how many other large institutions. I don't know about you but I don't like the idea of losing thousands of dollars in my IRA which was supposedly invested in safe conservative vehicles and I am sure millions of others share my sentiment.


On Oct 01 02:51 PM Nettligent wrote:

> Commercial Real Estate industry is on the verge of failures. Let
> these failed banks to collapse and merge with a healthy financial
> institutions.
> No More Bailout because it does not work.

CIT's Failure Could Threaten Financial Sector's Overall Recovery

It has been shown over and over that single payer health care works well and delivers far more value than the system in place here in the US. Had a single payer system been in place years ago GM and Chrysler among others might be operating profitably today instead of having their hand out. Somehow it works well all over the world but propaganda has convinced the media that it won't work here.


On Oct 01 11:01 AM User21284 wrote:

> The brilliance of some of the contributors here can be measured by
> such references - presumably to the current legislation working its
> way through the Senate Finance Committee - as "govt run healthcare".

How Much Longer for This Rally?

China has been hoarding commodities and said last week it has reached its limit. With the US as the biggest customer of its products and we are not buying, China is set to become the next bubble.
As for companies reported earnings and the success they are reporting it is common knowledge they did so on selling assets and dumping talent. They made money not because of what they do but because of what they did. There is a difference.
There are two sides of how to resolve the issue and the poster above is right on with a return to manufacturing as a third leg in the chair. Unfortunately there is a sizable mindset in the solutions dept that simply has written of mfg going forward. Watching CNBC yesterday hosted a pundit that acknowledged that mfg is what low wage countries do and is not something that the US should be striving for. What he doesn't tell us is what is the US or any other country supposed to do with all the warm bodies that we have and encouraged others to come here to do . There simply is not enough white collar jobs to employ all of them regardless of training. Having kept wages low is what got us into this problem in the first place. Sure the govt encouraged union busting and allowing low wage immigrants to come in to destroy the wage base but where is the competition coming from to hold housing and commercial realty down ?Where is the competition coming from for bankers when they set the rules? Where is the competition coming from for hospitals when they have a captive audience and the payer (insurance co's) just pay the bill and pass it on to subscribers? Yes there does need to be a reevaluation of what we do and what we are going to be allowed to be done to us.

Preview from Europe: Chinese Whispers Worry Stocks

Ben has always been part of the problem. He rattled the market shortly after taking the post under Bush. Obama really needs to clean house and soon. I understand the reasoning of letting the foxes reveal the carcasses but its really time to get some brains in there and finally fix this mess.

Why Mandated Health Insurance Is a Bad Idea

It's funny how most European countries with single payer systems including Canada and Japan get along just fine. Somehow the US always can find enough money to go knock out bridges and buildings somewhere and then find the money so they can be rebuilt. All the downsides played up by the right already exist in our system and we pay dearly for it without covering 40% of the population. The only mistake Obama is making is allowing competition to exist between govt and private insurers but that may not be a mistake as the govt will be doing a better job at a better price and will in the long run leave private insurers on the vine to rot.

New U.S. Natural Gas Pipeline Displacing Canadian Gas

Absolutely spot on. What better project for stimulus money than NG filling stations and NG fueled vehicles. No, NG is not for everyone , yet but mass transit could (should) and any company or anyone delivering within a set boundary should be encouraged to adopt this technology. Private enterprise is not going to build NG filling stations unless there are NG vehicles and vice versa. The govt needs to do this to get the ball rolling.


On Jul 09 09:07 AM fran wrote:

> see this week's senate proposed legislation offered by sen reid--re
> NG for tansportation incentives. tax incentives to buy NG vehicle,
> build outlet stations, etc. it's almost all you call for in your
> complaint.
> get on board andwrite your congressional reps.
> act out your frustration.
> scurry, PRARIEDOG555, they've heard you in DC.