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ArkansasAngie

ArkansasAngie
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  • The $7 Trillion Rally [View article]
    There are different types of recoveries.

    I am not for a return of the status quo.

    For example, you hear that Goldman, CITI etc. are really chaffing at bonus restrictions. It is at least in part why they want to return the money.

    Personally I think that kind of compensation is ridiculous in good times and bad.

    Apr 19, 2009. 09:35 AM | 3 Likes Like |Link to Comment
  • The Inundation of Debt and Its Toll on Our Economy [View article]
    Now Steven by evaporate do you mean inflation or repudiation of some sort?

    Can they get away with it overtly or does that necessarily mean it will be done covertly?

    Apr 19, 2009. 09:09 AM | 1 Like Like |Link to Comment
  • The Inundation of Debt and Its Toll on Our Economy [View article]
    The only reason why the Dollar hasn't collapsed is because this current economic down turn is global.

    The supposed cure is for the American consumer to get back to consuming. And the moment that imports shoot back up, dollars will rush out of the US for the high growth rate emerging markets.

    Interest rates will go up.
    Apr 19, 2009. 07:56 AM | 6 Likes Like |Link to Comment
  • The $7 Trillion Rally [View article]
    I've got my fingers' crossed but I am not holding my breath.

    Apr 19, 2009. 07:41 AM | Likes Like |Link to Comment
  • Citigroup's Horrible Conference Call [View article]
    Here's a boycott for you. Don't play. Get into cash and tell'em to go jump in the lake.
    Apr 18, 2009. 10:16 AM | 7 Likes Like |Link to Comment
  • Jawbone: Whither Foreclosures? [View article]
    LOL at cynewulf

    Excellent discussion guys.

    It's intriguing to me that housing starts are up in the Midwest. That must mean that home prices are at least near building costs.

    Nothing like volume to help you lose money. I don't need the practice.
    Apr 18, 2009. 09:59 AM | 1 Like Like |Link to Comment
  • CNN Misses the Point About Tea Parties [View article]
    Speaking as a fiscal conservative, social liberal attendee of my local tea party, this was not a right wing extremists thing.

    The primary topic at the rally I attended was that politicians are not doing what their constituents need and want them to do. While taxes were discussed, it was the bailout that was the main uniter.

    No more wedgies.

    Tell you Congressional Representatives to put America first -- not the Democratic or Republican Parties.

    Obama Didn't create the situation in Washington. He has a opportunity to truly bring change.

    However ... if he's just another lying politician then he is fair game.

    Apr 18, 2009. 05:48 AM | 10 Likes Like |Link to Comment
  • The Worst Isn't Over Yet [View article]
    I'm in cash. I'd rather lose my money to inflation than get drummed for being a sap.

    Apr 17, 2009. 11:05 AM | 18 Likes Like |Link to Comment
  • Jawbone: Whither Foreclosures? [View article]
    Interesting.

    I've been pondering property valuations and what to offer for them. Every scenario starts off with my assumed purchase price and then quickly follows to any expected rents.

    What is the correlation between foreclosure rates and rent? Is there one?
    Apr 17, 2009. 09:17 AM | 4 Likes Like |Link to Comment
  • Weekly U.S. Debt and Fed Assets Update [View article]
    You and me Yoda. I've got your back.

    All intervention does is change who wins and who loses. I'd rather be killed by my on stupidity than be murdered by some AH in Washington.
    Apr 17, 2009. 07:26 AM | 2 Likes Like |Link to Comment
  • VIX Milestones, Plus a Prediction [View article]
    Volatility is decreasing? Why?

    If we take as given (and yes I know it isn't just a given) that approximately 35% of volume is program trades and that another 35% is speculators that leaves only 30% for investors.

    Perhaps volatility is decreasing because "they" succeeded in chasing off their suckers ... uh … investors.

    Here's an idea. Let's tax the heck out of gains made in 90 days or less and do away with capital gains taxes on anything held over 3 years.

    Almost all gains made in less than 90 days are a result of the system and not productive use of capital. If the system generated the profit situation then the system should be paid.

    So ... what do we do? We give hedgefundsters a tax break.

    Yup ... there are some smart cookies in DC and on Wall Street. They've scammed the system superbly.
    Apr 17, 2009. 06:53 AM | 2 Likes Like |Link to Comment
  • Treasury Stress Test Won't Add Clarity or Transparency - Just Inconsistency [View article]
    The myth of too much information is a bad thing was invented by people trying to hide bad things.

    Any negative results caused by too much information will be paid for by chop blocking fraudsters.

    If it involves my money I don't give you permission to not tell me things because you think it's for my own good.

    If I invest in a bank today and the government knows that it's a bad investment, then I want some of their personal retirement funds to pay for any of my losses.

    Greater good -- horse manure.

    Capitalism is based on the idea that synergistically adding up individual good results in the greater good -- not the other way around.
    Apr 17, 2009. 06:32 AM | Likes Like |Link to Comment
  • High Stakes in These Confidence Games [View article]
    Yes ... it would indeed be strange for the President to admit a mistake and take corrective action. No change here.

    Confidence is important. It is not an excuse to misinform the public however.

    Can't have everybody knowing the truth, because their actions of self perservation might upset the apple cart. Obviously anybody pushing this paternalistic, big brother approach isn't a capitalist.
    Apr 17, 2009. 06:16 AM | 1 Like Like |Link to Comment
  • Housing Starts: The Decline Resumes [View article]
    HardwoodFlooring good comment.

    We've seen an increase in interest but the price of foreclosures is below my costs. We do have a net in migration and do expect to see some activity this summer.

    Under "normal" circumstances we have a steady flow of folks trying to leave urban areas. But ... many can't sell their existing home today.

    Oh well ... my competition is dropping like flies -- all we have to do is hold on.

    Maybe I should advertise our log homes in the Midwest.
    Apr 16, 2009. 06:20 PM | 1 Like Like |Link to Comment
  • This Earnings Season: Better than Expected [View article]
    Everybody has to show a profit or the gig's up.

    CITI's and BofA's CEOs told the market that they were profitable. If they aren't they'll have some explaining to do.

    Nobody wants to do that. What the market doesn't know will help them -- or at least that's what they're hoping.
    Apr 16, 2009. 11:58 AM | Likes Like |Link to Comment
COMMENTS STATS
198 Comments
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