Seeking Alpha


Send Message
View as an RSS Feed
View youngman442002's Comments BY TICKER:
Latest comments  |  Highest rated
  • Questioned by Sen. Schumer in a Senate hearing, Tim Geithner says Japan won't need to sell Treasurys into the crisis: "Japan is a very rich country and has a high savings rate and has the capacity to deal not just with the humanitarian challenge but also the reconstruction challenge they face ahead."  [View news story]
    debt at 200% of GDP......that is what Tim thinks is a RICH country...LOL....I am going to puke
    Mar 15, 2011. 11:35 AM | 10 Likes Like |Link to Comment
  • On a more philosophical note, Trichet said: "I am deeply concerned by this gulf between the values of our democracies and those of the financial world... This problem is faced by all of our democratic societies, and certainly on both sides of the Atlantic. The values of the financial world must change. In the prevailing ethos, they will no longer be tolerated as they are."  [View news story]
    Anyone know of a Guillotine company..I want to invest in that...I think its going to big....
    May 31, 2010. 09:31 AM | 10 Likes Like |Link to Comment
  • Sources say the Fed has been surprising banks (with the notable exception of Goldman Sachs (GS)) by demanding they raise more cash than suggested by the stress-test results.  [View news story]
    What the Fed is saying is that we have artifically got your stock prices up so sell the heck out of it cause we can't hold them up for ever....
    Jun 2, 2009. 06:06 PM | 10 Likes Like |Link to Comment
  • Bernanke press conference: Should projections hold, Bernanke sees QE ending "around mid-year" 2014 and the unemployment rate being about 7% at that time. Responding to a question, he says the FOMC stands ready to quickly adjust - i.e. fire purchases back up - should it prove to have made a mistaken forecast. Stocks (SPY -0.5%) and Treasurys (TLT -1.2%) are at session lows. [View news story]
    He said everything is fine..getting better...but we can´t quit our crisis mode...does not make sense to me.....he is lying....wait until Obamacare takes out a few thousand businesses....
    Jun 19, 2013. 03:49 PM | 9 Likes Like |Link to Comment
  • “All eyes are on the Senate in the next 48 hours,” says Guggenheim’s senior policy analyst Chris Krueger. President Obama and Senate Majority Leader Harry Reid are putting together a scaled-down deal to blunt the fiscal drag scheduled after December 31, and it's going to take 60 votes - including at least seven Republicans - to clear a filibuster. Republican House Speaker Boehner says the House will consider whatever legislation the Senate passes. [View news story]
    I want the 47% to start paying taxes.....lets make this fair...
    Dec 26, 2012. 07:52 PM | 9 Likes Like |Link to Comment
  • ConocoPhillips (COP) is adding Prof. Jody Freedman as its 10th board member. Freedman, who teaches at Harvard Law, was the White House's Counselor for Energy and Climate Change from 2009-10. (PR)  [View news story]
    I agree.....boy she knows the oil and gas business..I mean when they are talking about new developments in Brazil or somewhere..she will have great input......what a stupid political pick...
    Jul 10, 2012. 06:58 PM | 9 Likes Like |Link to Comment
  • Desperate to keep BlackBerry 10 from being delayed any further, Research In Motion (RIMM) is restricting summer vacation time and mandating 6-day work weeks at its Ottawa facilities, the Ottawa Citizen reports. That won't do much to boost morale at a company implementing massive layoffs in response to crumbling sales.  [View news story]
    Their incentive is a job...if this does not succeed...they are toast...
    Jul 5, 2012. 04:13 PM | 9 Likes Like |Link to Comment
  • March Consumer Credit: +$21.3B vs. +$9.8B expected and $8.7B prior. Non-revolving debt (student loans, car and personal loans) up $16.20B, while revolving debt (credit cards) increased $5.10B. Credit card debt +$5.1B. [View news story]
    solid is when you don´t need to use your credit card....and its mostly student which the students will vote for the guy that will make them go away...its the new world order....same as the old world order...borrow...borro... have someone else pay for it..or default...same thing
    May 7, 2012. 03:10 PM | 9 Likes Like |Link to Comment
  • John Boehner is set to march into a meeting with President Obama today armed with a letter from over 150 economists that back Boehner's call to match any increase in the debt limit with spending cuts of equal size. Signatories include Nobel laureate Robert Mundell of Columbia.  [View news story]
    Obama knows nothing about Economics...nothing...he is a community organizer...his money was just "given" to him...never had to make a dime..
    Jun 1, 2011. 08:41 AM | 9 Likes Like |Link to Comment
  • Paul Krugman thinks budget hawks are confused by the meaning of "putting children first." He points to Texas, where government spending is low but so are rates of high school graduation and children without health insurance. It isn't just the cruelty, but the shortsightedness, he says. "What’s supposed to happen when today’s neglected children become tomorrow’s work force?"  [View news story]
    They would do a lot better in schools if they spoke English..but since they just came across the border illegally......and they did not buy insurance when they really screws up our statistics...damn
    Feb 28, 2011. 06:22 PM | 9 Likes Like |Link to Comment
  • Pres. Obama will send Congress a $3.7T budget for 2012 which pledges $1.1T in deficit reduction over the next decade through spending cuts and tax increases. The budget projects this year's deficit will hit a record high of $1.65T.  [View news story]
    Reduced 1.1 trillion over the next 10 years...and this year we will have a 1.6 trillion deficit.....what a joke....just like college students today that have to take high school classes their first year to catch up...Presidents should take econ classes to know what they heck they are proposing...I just heard the budget spokesman on Bloomberg...what a bunch of soundbites and smoke and mirrors....we are a joke as a country right now...
    Feb 14, 2011. 08:57 AM | 9 Likes Like |Link to Comment
  • A spending splurge from upper-income Americans led the way to strong self-reported consumer spending during Christmas week 2010, Gallup says - $183/day on average during the week ending Dec. 26, up from $126 Y/Y. This could explain the dichotomy between data showing stronger consumer spending despite weakening confidence.  [View news story]
    But... But.... But..the rich do not spend the Libs say
    Dec 29, 2010. 10:12 AM | 9 Likes Like |Link to Comment
  • Look for states to suffer a collapse similar to the banking industry implosion of 2008 as crippling deficits come back to haunt them, outspoken analyst Meredith Whitney said Tuesday (video). Whitney, famous for calling the financial sector crisis, warned banks aren't out of the woods yet, predicting a sharp drop in housing prices and shrinking trading revenues will decimate Q4 earnings.  [View news story]
    I think she is right state revenues are way down..its costs are way up..and they are still selling bonds...go can´t go on forever...and no state can pay for it..
    Sep 29, 2010. 07:53 AM | 9 Likes Like |Link to Comment
  • "I can't give tax cuts to the top 2 percent of Americans... and lower the deficit at the same time; I don't have the math," Obama says in CNBC's townhall meeting, noting that a top-earner tax cut would be "irresponsible" and cost $700B.  [View news story]
    his 700 billion is going to be a 2 trillion reduction in revenues...just wait as more and more companies and individuals move out...
    Sep 20, 2010. 12:53 PM | 9 Likes Like |Link to Comment
  • The world suffers from a leadership vacuum which will be all too evident at this weekend's G-20, William Pesek writes. "There’s a sense that the world’s problems are too formidable to fix... What we need is an adult or two in the room to make sure leaders tackle the big challenges of our day. Good luck finding any."  [View news story]
    "What we need is less centralized, top-down, government-led planned "solutions," and more market freedom and private-sector incentives. "

    You will never get in front of a microphone if you let someone else do the right thing....a Politician lives on microphones, cameras, and perks
    Jun 25, 2010. 07:05 PM | 9 Likes Like |Link to Comment