backtoreality

Outlandish CEO Pay: How to Fix the Problem

OnW..
Blame it on Steve Forbes and all the ninnies who think his agenda of the flat tax is the way to go.

Instead of the grauduated income tax, they believe the king in his castle should be taxed at the same rate as poor man working the land

years ago, when ronnie reagan got his first tax cut for the rich, a new boxing champion appeared on the tonight show, and said: "I have spent my whole life learning to hate the rich....and now I have to learn to hate the poor"

money corrupts


On Sep 23 11:34 AM OnW wrote:

> To "americaninc"
> And what's wrong with marginal income tax rates above 90% ? Industry
> and society functioned OK during those years. The haves still had
> plenty left over compared with the havenots. I'm not a socialist,
> but I believe there should be less inequity in compensation. Who
> can justify earning over $50 million a year and still pay the same
> marginal rate as the guy earning $l million?

Why the Sudden Run Up in Natural Gas Prices?

ALL YOU GUYS ARE ALL TRYING TO BE TOO INTELLECTUAL

1. KEEP IT SIMPLE: CHECK THE WOOLY CATERPILLARS

2. CHECK THE NATURAL GAS BEING PASSED BY AL GORE AND HIS "SCIENTIFIC COMMUNITY"

3. GO TO THE RESERVATION AND ASK AN OLD INDIAN WHAT THE WINTER WILL BE

4. ASK T. BOONE FOR "TRADING TIPS"...HE WOULDN'T LIE TO YOU WOULD HE?

5. I'VE BEEN HUNTING DUCKS AND GEESE FOR OVER 50 YEARS...THEY MIGRATE BY THE CALENDAR, AND STEP ON THE GAS WHEN A BLIZZARD IS ABOUT 2 HOURS BEHIND THEM...YOU WOULD TOO IF YOU HAD TO GET TO SOUTH TEXAS BEFORE THE ROADS GET ICED UP.

Why the Sudden Run Up in Natural Gas Prices?

ALL YOU GUYS ARE ALL TRYING TO BE TOO INTELLECTUAL

1. KEEP IT SIMPLE: CHECK THE WOOLY CATERPILLARS

2. CHECK THE NATURAL GAS BEING PASSED BY AL GORE AND HIS "SCIENTIFIC COMMUNITY"

3. GO TO THE RESERVATION AND ASK AN OLD INDIAN WHAT THE WINTER WILL BE

4. ASK T. BOONE FOR "TRADING TIPS"...HE WOULDN'T LIE TO YOU WOULD HE?

5. I'VE BEEN HUNTING DUCKS AND GEESE FOR OVER 50 YEARS...THEY MIGRATE BY THE CALENDAR, AND STEP ON THE GAS WHEN A BLIZZARD IS ABOUT 2 HOURS BEHIND THEM...YOU WOULD TOO IF YOU HAD TO GET TO SOUTH TEXAS BEFORE THE ROADS GET ICED UP.

McDonald's' New Burger Is Another Reason to Love It

I tried mickey D's in two large cities on mainland China....the absolute worst cup of coffee you ever tasted in your life.

no wonder asian people don't drink coffee like we do.

one plus...the chinese people love the fries and catsup....i've even seen them eating fries with ice cream


On Jul 04 08:20 AM kaybee1950 wrote:

> I recently returned from Vienna, spending a week of leasure in June.
>
> I visited 3 different McDonalds (for a cup of American joe). I couldn't
> believe how busy every store was selling food. Last September in
> Rome and Brussels, I found it was the same story. People waiting
> in line. McDonalds is is a Big Hit in Europe!

Wall Street Breakfast: Must-Know News

MAC 123
Bernanke doesn't want deflation...because econ 101 and all the university econ professors teach that you can inflate your way out of debt.
For example...in 1966 I built a new house..20 % down and a little sweat equity helping the carpenters, and painted it myself...I wound up with a $120 per month payment...which in today's dollars is less than 50/month. (3 BR..2 baths..dble garage)..that house today is about 150 to 200K.

I felt so good, I bought a brand new buick century for $3000 cash....note above that pockyclips thinks a new car for 7K is a good deal.
nothing is worth more over the years...including gold...it's just that your dollar is constantly getting to be worth less..that's university econ 101.




On Jun 22 10:26 AM mac123449 wrote:

> Why is deflation such a bad thing most people like lower prices on
> things but to Bernanke deflation is the devil himself.

China Counterattacks With a 'Buy China' Policy

Cannuck..

Tell your sad tale to the wheat farmers in north dakota, where I come from.
The canadian wheat board and the USDA allowed canadien wheat farmers to haul and sell their wheat in north dakota grain elevators.
They got $6.00 US a bushel for their wheat, when the canadian wheat board was selling on the world market for $5.00
Plus..they got paid in US dollars...which were then worth $1.40 in canadian dollars when they got home.
Plus, the grain monopoly run by archer daniels and cargill were overjoyed to buy canadian wheat for $6.00 because without the imports, they would have been paying the north dakota farmer closer to $7.00 a bushel

On Jun 19 03:57 PM Canadian Red Neck wrote:

> Protectionism is nothing new in USA. For several years, we tried
> to supply to government funded projects with no success. "Buy American"
> was clearly stated in the tender documents. We did not even have
> a chance to participate.
>
> Other ways to prevent outsiders from participation include local
> certification. We went through almost two years of testing with DOT
> (Dept. of Transportation) to try to get certification with no success.
> Finally, we asked whether DOT put the local manufacturers through
> the same hoops and were informed "NO". This is after we have obtained
> acceptance by the US Navy. This is the same soft trade barrier that
> USA accused other countries of putting up against USA's import into
> the respective countries.
>
> From the Canadian's point of view, USA has been practicing unfair
> trade all the time. One case in point is the soft wood lumber issue.
> USA collected some $5 billion in tarriff and anti dumping taxes.
> Canadians went to courts and won the case. Even American courts agreed
> with Canadian that we are not subsidising or dumping. At the end
> of the day, USA government returned $4 billion. The other billion
> has been given to our competitors and never to be seen again. I guess
> we were told to buzz off. Tough luck. Basically, USA behaves like
> BULLY when it feels like it.

China Counterattacks With a 'Buy China' Policy

Sober..

My wife is from Nanning, these people complaining about "buy american" need to go to china and try to buy an american product..

ROTS AH RUCK...Nanning has the biggest walmart store i could ever dream existed..we went there shopping..and I found 3 (that is three).. american products..1. a 1/4 lb block of wisconsin cheese, and only 3 on the shelf 2. a can of heinz pork and beans...6 cans on the shelf.. 3. red delicious apples from washington,,rots and rots of them...you could buy all you could carry. I figured it must mean the chinese apples are out of seasen, and they can't stockpile any kind of food because their entire food delivery system is about where we were in the early 1900's....no cold storage, no frozen food, no food canning industry, no meatpacking industry, no inspection system..primitive from the farm to the market, and the consumer.
I couldn't believe the first time I was in china, going up the elevator to a high rise apartment....and here is a chinese woman with a live chicken in a box...she is coming home from the market to make chicken dinner.


On Jun 19 02:46 PM Sober Realist wrote:

> Yes, but what is news is that the rest of the world is starting to
> complain about it now, except for someone like coreopsis.

Chinese Real Estate: Getting in on the Next Bubble

JON..
You got the name right...china real estate is a claymore mine..LOL
I wonder if any of these people who write about china investments have ever been to that country....it's like the two "experts" who advised our congress on the prospects of invading Iraq..they had both written books on Irag...neither had ever been there..

The blind leading the blind




On Jun 20 02:08 PM Jon Boyd wrote:

> Help me out here. Wasn't Claymore a name of a world war II mine?
>
>
> Who would think that would be a good name for an ETF?
>
> In any case, interesting recommendation on China real estate. <br/>
>
> Tnx

Jim Rogers Shares His Thoughts on the Market

WG..
If rogers is so damn smart, how come he was on tv calling BUCY the best buy in the market...this when BUCY was at 70..and then started to fall to 11 bucks..

His reason?...because BUCY makes the shovels to dig coal, and he said they couldn't make them fast enough to keep up with the demand from china.

Ha ha ha ha...the shanghai market was already on the skids, with the commodities soon to follow.
I don't think rogers has ever been on a farm, and I don't think he has been in China, and I don't think he was even born when the commodities crashed...in the 1930's.??? Hell no, the commodities crashed in 1929...I grew up on a farm in Minnesota at that time, and it was a game of survival...because of the "do nothing" approach of Herbert (george bush) Hoover...as Yogi said.."deja vu all over again"


On Jun 20 11:32 AM wg wrote:

> If rogers is so damn smart, how come I'm losing (and have been for
> more than a year) so many thousands of dollars in his vaunted Roger
> International Commodity Fund?

How Gasoline Is Priced: An Insider's Secret

Bob...Amen to that...the "investment community"..aka the brokerage houses that have their brokers pounding the phone to get you into some "hedge" or "great opportunity" or whatever euphemism they attach to a BS sales pitch..would tell you...IF YOU DON'T LIKE THE THE PRICE OF BREAD IS GOING UP....YOU CAN HEDGE, AND BUY WHEAT FUTURES....so then it rains in the great plains and wheat futures fall thru the floor...and you lost your ass..

The best solution...Bust up big oil...like Teddy Roosevelt did with the monopolies of the early 1900's...turn oil and gas companies into "regulated public utilities" and give them a reasonable profit.
This greed and feeding frenzy in the energy industry started with the deregulation of the utility companies in the late 1970's.

p.s...my experience with the oil and gas industry was as a merrill retail broker...they pushed oil and gas exploration "partnerships" as tax shelters when oklahoma crude was about 10 bucks and less..

I think every investor ...aka merrill sucker...who bought into them, lost their shirts.


On Jun 20 08:01 AM Bob van der Valk wrote:

> Jason - The investment community came up with a solution for all
> that ails our system in pricing gasoline by advising anyone tired
> of fuel price fluctuations to hedge their purchases by buying future
> crude oil contracts. Anyone not far up enough on the feeding line
> should stay away from investing their money that way.

Wall Street Breakfast: Must-Know News

BOB 123
#1 might work...providing you get the military-industrial complex out of the business of lobbying

#2..will not work...I spent 10 years in the federal meat inspection service...inaugerated way back in 1906 by Teddy Roosevelt...and to keep it honest and working, it needs to be paid for by the consumer, because the consumer benefits. There have been numerous attempts to make food processors and meat packers pay for inspection, and it has been rejected because if it is their money paying the bill...they will find a way to get enforcement done the way they want it...not the way the consumer wants it.

The FAA is a prime exemple...the airline industry controls what the FAA does...not what the flying public would like to have. For example...GUNS IN THE COCKPIT..and LOCKED DOOR TO THE COCKPIT...kicked around for years and beaten down by the airline industry in spite of the fact that most of their pilots are ex-military and carried guns all the time when they were flying combat aircraft.

Wall Street Breakfast: Must-Know News

joe...

what bric means is ..cheap junk,,,made with cheap foriegn labor.

I had to buy 3 potato peelers.all made in china....from 3 different hardware stores..before i got one strong enough to peel a potato without bending.

why can't they make a potato peeler.??? because poor people in bric countries never saw, and don't know what a potato peeler is.....when you live in a poor country..you eat the potato peels.


On Jun 15 04:33 PM Joseph Sherman wrote:

> BRIC wants beefed up role. - How will this change what "Made in Brazil",
> "Made in Russia", "Made in India", and "Made in China" mean in the
> future?

Commodity Price Inflation Is Inflation and Is Happening Now

you guys should quit writing about your econ 101 expertise and focus on a couple of important issues:

1. the oil and commodity markets are pure speculation..the speculation money shifts and drifts from on segment to another.

2. the food markets are a monopoly...too few big companies control the whole food production and marketing system

hedge funds, derivatives, repeal of glass-steegal, and "regulation is bad" policy of W and cheney is at the center of the problem.

Bookstaber: 'Derivatives Are the Weapon of Choice'

IN THE MATTER OF FERDIE:

OH WOW...."though I am a brilliant teacher"....nothing like a dash of modesty to make it sound more like "dazzle me with bullshit, don't dazzle me with brilliance"

Greenspan believed he was brilliant too...and told congess the derivatives market didn't need regulation.


On Jun 07 09:27 AM Ferdinand E. Banks wrote:

> New instruments have apparently come along since I moved from teaching
> finance to teaching energy economics, among which are CDS. But even
> though I am a brilliant teacher, I don't remember ever being tempted
> to bad-mouth derivatives. In fact where oil and oil products are
> concerned, derivatives are among the best things to ever appear.
>
>
> And derivatives are NOT difficult to understand. As a student in
> Prague once said to me, the thing that is difficult to understand
> is that so many finance teachers are hopeless.

Wall Street Breakfast: Must-Know News

stick...yeah your team of rich, free the markets, right wingers ..ie W and cheney put the world markets in the toilet bowl, and the democrats (socialists) have fished it out....what a shame..
like, the GOP was engaged in power grabs for 8 years and look where it got us !!


On Jun 05 11:28 AM sticktoitiveness wrote:

> comrade bobbobwhite
>
> You mock, I exaggerate, but the government has made some real power
> grabs lately.