xb74

Cramer's Stop Trading! Cramer Calls a Bottom (3/26/09)

The only thing Cramer should call is his lawyer.
www.deepcapture.com/ji.../

Don't Ignore Bernanke's Bell

Obama is essentially a dictator with no effective opposition he can ram his adjenda through congress with relative ease and his adjenda has little to do with the econmy.


On Mar 22 03:30 AM Dave Wrixon wrote:

> I think you should be more concerned that a US in a total state of
> collapse will end up with its own dictator. We currently have the
> Capitalism has Failed Argument. Next year we could see the emergence
> of the Democracy has Failed Argument. And to some extent that is
> true. When you have poorly educated electorates selecting governments
> largely on the basis of how much TV exposure they can buy, because
> Joe Six Pack cannot understand the arguments so he just votes for
> the most Macho guy, Democracy is definitely failing.

Is Gold on a Deflationary Death Watch?

I don't think all the financial shoes have dropped yet, I keep hearing about more deritaves and insurance on them comming due. If that's true gold will drop until they rear their ugly head later this year. This should provide a great buying opportunity.

Obama: Rush to Judgment

Limbaugh did express opposition to The Uncle Ted's/Bush reach across the aisle called No child LEFT behind and the recent Medicare handout. He also opposed the auto bailout on the basis that it is basicaly a UAW bailout. Yeah when the good times were rolling the repubicans were like drunken sailors with our money, that doesn't make the Obama-Pelosi-Reid cabal right when they spend our grandkids money.

Depression? Recession? No, It's the Great Restructuring

Google is a company that saw a new way to make money. They pursued it agressively and continues to fight agrssively to stay at the top. They are not gods, right now they are closer at becoming Big Brother than Microsoft ever was.
The real issue will be as new companies reemerge more efficient, needing less workers, what will the millions of permenatly unemployed do? I mean aside from rioting and storming the "castle".

Friday's Relief Rally

During the last 8 years median income dropped (look it up -- Survey of Current Business, I believe), and when you factor out Home Equity "withdrawals", so did GDP.
>Jack

I agree with that whole heartedly, the jobs left the country. One might say our standard of living is too high. Volker said that very thing in a NY Times Oct. 17 1979 article. But don't worry, the Fed is working on this issue.


When Obama made that speech the other day in front of 25 or so new police officers paid for with stimulus money he failed to mention the state was going to have to pick up that tab next year. The same issue caused carping among governors who saw the stimulus as eventually the stinulus for increased taxes.

The tax cut for the people who make less than 250k is reported to be $13 a week. Hardly enough to make a difference by any measure.

So what's the answer? Create more jobs, I use the word create intentionally. Another round of Stimulus will make jobs for another year. The private sector is best suited for creating real jobs, make it worthwhile to move factories back or at least keep what we have left.

Obama wants to move ahead with new sources of energy, great idea but to jump in with cap and trade will make this process extreemly painful for the consumer.


Thanks for letting me vent. :-)

Friday's Relief Rally

It's easy to say Dems or Repubs are to blame but the truth is much deeper than that. Blame the Fed, that quasi 4th branch of government, blame the fractional reserve system in place, blame Greenspan, blame unregulated OTC deravites, blame greed.
The Fed answers to the banks that make it up, not the government.
With the Fractional reserve you wll always have boom and bust cycles. This was made worse by the banks gambling away mortgages that people couldn't afford.

In hindsight it is easy to see Greenspan should have not said he saw no reason to regulate OTC deratives and he should have tightened credit, but what the hell, banks were on tear and there were millions in bonuses to be made.

Friday's Relief Rally

The stimulus is front loaded then disapears with the burden shifted to the states. Long term ideas like alternative energy will be forced into play with cap and trade. C&T will devestate whole states' economies, MI,PA and most states between. A problem that a few windmills will not fix. This clearly shows Obama's adjenda drives his decisions more than the plight of the great unwashed. The flaw in C&T is the costs get transfered down to the people in utility bills and job losses.
As for Geitner, he answers to the Fed, the Fed is run by banks, look it up. Anything coming from the treasury will only help the banks.
The market will continue it's spiral to 4000.

The Coming Depression: See It Clearly Through Historical Eyes

So are you saying the Obama plan will work?
What about the fact that after raising the decifit with his spending plan to push his adjenda, he now wants to cut the decifit to a point still not lower than if his plan was not implemented.
Will his plan work?


On Feb 23 09:11 AM investfarm wrote:

> On Oct. 31, 1936, President Franklin Delano Roosevelt, seeking a
> second term in office, delivered his final major campaign speech
> before the November elections, to a large, enthusiastic crowd at
> Madison Square Garden in New York City.
>

Why China Can't Dump U.S. Treasuries

China will eventually wean itself off the US export dependency and take care of it's self on it's way to becoming a superpower. The US with it's present leadership will continue to self destruct. Billions for ACORN, frog swamps, a couple of wind farms, etc and yet the elitists in DC cut off our own oil exploration, stifle new coal and nuclear power plants. Meanwhile China has no quams about putting their national interests first buy building hydro electric plants, nuclear power plants and developing mines at home and in Africa. When was the last time a mine was opened in the US, or a new oil rig was placed off shore. China will eventually dump US Treasurys and the US will just become a frog swamp.

Sam Zell Imparts His Wisdom

Paragraphs 2-4 are the best explanation I've seen so far of what happened in the housing market. The sub prime explanation always puzzeled me in as much as it wasn't enough in itself to be the whole explanation for the problem.

Evidence That Big Inflation Is Coming

How does all the printed money get back in the hands of the consumer? With unemployment rates the way they are banks won't be loaning it out. Buisnesses will not hire if they can't get loans. Maybe if the Fed put it in barrels and left it on street corners we could get this process moving along. ; )

Government Stimulus, If Done Well, Is the Right Decision

I keep looking for articles with opposing viewpoints on Obama's stimulus plan to get a sence of what will happen and when. As I read this article I come across "When the economy is doing well, a fiscal surplus will emerge as it did during the Clinton Administration." and everything the author says becomes suspect.

U.S. Mint Actions Discourage Gold Ownership

My point was gold is gold, A Canadian Maple and a American Buffalo are both 1 oz. gold is a storage for fiat money, normaly you cant buy anything with gold coins so why pay the premium the mints are charging for Buffalos, go to Bullion Direct or any other site and buy Maples or Krugerrands or bars . When you sell to get spending money your sale is based on the spot price.

U.S. Mint Actions Discourage Gold Ownership

What difference does the US Mint's action make when you can by gold coins on the internet through a dealer from any country? There is no US monoply on gold coins.