Buckoux

The Fed Backed Itself into a Corner

The best critical remark about the subject and our situation without resorting to the profanity that is needed to describe our profane, as a verb, circumstances as conjured by the Federal Reserve and Congress.


On Nov 22 06:41 AM thopaine wrote:

> The party's over and the hangover is enormous.
> Why would anyone give their money to these thieves on wall street?
>
> And it is at least ironic that the cradle of american liberty-Harvard
> U.- is a big part of the problem, churning out voracious blood suckers
> on an unarmed public, so as to increase the business school endowments
> and professor's pensions.
> I cry for my country.The children of the greatest generation were
> not up to the job.

Goldman's Human Face

"..some $300 million in loans and grants.."

Interesting. At least we all now know your price.

Wall Street Breakfast: Must-Know News

The issue of, "To Big To Fail" ignores the giant Bald Eagle in the Congressional hearing chamber and the influence of the US Federal Government as it regards this "Financial Crisis". Federalism has gone beyond a mere eight tentacled Octopus into a multi-serpented and multi-agenda Hydra. As well, it is so infected with parasites from both government and business, Democrats and Republicans, that to follow the money and influence is really beyond the partisan, liberal or conservative, but goes to the very nature of our Republic. Are we a nation of laws and does the US Government have to obey these same laws? The bottom line of this recession is that it was, in fact, government encouraged. That's not what government was constituted to do.

The Preamble of the US Constitution may not be "law", but those in positions of responsibility, from the House and Senate Banking Committees, to the SEC to the Federal Reserve and on into the White House need to have the "Preamble" tattooed, in reverse, onto their forehead so that they can read it when they look in a mirror.

The Trouble with Clean Coal

The only way to accomplish clean electrical power generation by coal is to build a nuclear electrical power plant adjacent to the coal power plant to provide the necessary electrical power to cleanse the coal plants emissions. Including the radioactive Carbon-14 isotope present in all coal ore.

Wall Street Breakfast: Must-Know News

"World leaders publicly snubbed U.K. PM Gordon Brown's bold pitch for a global tax on financial transactions which would be used to fund future bailouts."

As well they should. It's the Labour Party's financial version of Neville Chamberlain's, "Peace in our time", but promising, "Prosperity in our time". Liberals, of both parties in the US, like to play this same foolish game of; If we can think it up, it must therefore be so".

Like Democrats on health care.

What Should Investors Do in the Age of 'Extremistan'?

What is the definition of :"Justice"?

It is something that everybody wants, and something that everyone considers that they have a right or an an entitlement to, therefore what, exactly, is the definition of "Justice"?


On Nov 04 09:31 AM Kristjan Velbri wrote:

> From the article: **More winners take all competitions. As in: a
> small number of individuals or companies win everything. More inequality
> and less social justice are inevitable.**
>
> Since when have financial markets been about 'social justice'?

How Bloomberg Fabricates U.S. Housing Numbers

Thank you for posting, politely, what I was thinking. Suffering fools gladly is not one of my virtues.


On Nov 02 07:06 PM GoldLovingPuppy wrote:

> Jeffy,
> All you do is call everyone, everything, every establishment, most
> all governments liars. You appear to be the biggest liar of them
> all. Most of your writing is from a twisted and bias view point,
> and it is so far twisted from reality that no normal people will
> ever take you seriouly. There must be a mental health issue involved
> that you really should have looked at by a profesional. No disrespect
> meant but it has to be said.
>
> Sincerely,
> Goldey
>
>

CIT Group: Taxpayers' Investment Is Virtually Worthless

Does this mean that Santa Claus won't come this Christmas?

How Bloomberg Fabricates U.S. Housing Numbers

"Where did you get that Nielson's info,..?"

From one of his articles a few months ago. Like most bon mots of intended condescension, his number was retrieved from a place that rarely receives sunshine. To be polite.

" we can't know exactly because of the strange culture around guns."

Indeed?

"I obviously don't enjoy guns as they make young kids into killers and old men into fools."........

Obviously.


On Nov 02 11:32 AM joes wrote:

> Where did you get that Nielson's info, every study that I've seen
> has the numbers ranging from 250-350 million, we can't know exactly
> because of the strange culture around guns.
>
> I obviously don't enjoy guns as they make young kids into killers
> and old men into fools.

How Bloomberg Fabricates U.S. Housing Numbers

Yawn!

After Nielson's exaggerated comment about America's "Billion Guns", I've become immune to most statistics, real or imagined. I just always assume that the MSM, Bloomberg and Neilson are ALWAYs wrong and search for the facts on my own.

Hmm. A "Billion" guns divided by the population of the USA at 300+M ='s 3.33 firearms for every man, woman and child in America. Does the average family of four poses 13 guns? (note, I wrote, "average").

Disclosure: I obviously enjoy firearm sports and even I don't have 13 firearms as an individual. I also don't invest in any of Nielson's hustles.

Market to Shine on Solar Industry Through 2011

Solar (and wind) power: The next bubble.

George Soros: The Guru Outlook

I tend to agree, but I'll leave my opinion(s) open about Soros "genius" if, and when, he passes a Bernie Madoff smell test.


On Oct 29 10:12 AM BudH wrote:

> Soros should be recognized as the financial terrorist he has been.

Is FDIC's Sheila Bair Starting to Get It?

"How can appointed Federal Officials manage to be installed in their offices without reading the Constitution, say much less understanding it?"

That's really a profound and pertinent question. The language of the Constitution is "assumed" by most Americans, rather than truly comprehended. "Rights, powers, privileges and immunities" are all equal in the minds of our citizens, even those with advanced degrees and yet they all have different meaning within its text and context. The US Constitution is an elegant document and as worthy of study as is Holy Word or Shakespeare. And, we'd be a better country for it!

What Criminal Policing Can Teach Us About Financial Regulation

The inference of the notion above intrigues me. It is the financial version of sociologist James Q. Wilson's, "Broken Window Theory", of urban crime. Bankers and brokers all went gang-banger berserk through Wall St. and on down to Main Street. "breaking windows" until the financial infrastructure was a worthless slum. Did the SEC participate in the "Financial Meltdown" as well? ( I don't like the dubious metaphor, "meltdown") Perhaps. Did Alan Greenspan bask in the real and feigned adulation from the financial and political sector as the bubble expanded along with his ego? Did the financial cops cause this recession? Bears poop and they live in the woods is my answer.

U.K. GDP Surprises to the Downside: Is the U.S. Next?

It is impossible for those who work in the service sectors such as academics, legal, financial, medical, and especially political, to understand the necessity for the industrial sector. In fact, the service sectors consider the industrial sector to be inherently "dirty", polluting (un-green) and good riddance to it. Nevertheless, it is the welder, and other skilled craftsman, who build the infrastructural foundations that the service sectors have survived and thrived upon. Now a Chinaman does the welding, but not for the USA. He's building the foundation for the emerging service sector in China. We won't need health care reform in the future, just an airplane ticket on an airplane owned and flown by Chinamen, so we can be treated by a Chinese doctor in China. Brother can you spare a Yuan?