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The Geoffster

The Geoffster
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  • Detroit BK exit plan greenlighted [View news story]
    Good news for Detroit politicians. They can bankrupt the town all over again.
    Nov 7, 2014. 06:20 PM | 2 Likes Like |Link to Comment
  • The Unsustainable State Of The Florida Property Insurance Market, Part III [View article]
    Like many things in America, market prices are too high to bear and the cost must be subsidized by the state. Find me a want and I'll find you a politician to fill it.
    Oct 31, 2014. 06:30 PM | 4 Likes Like |Link to Comment
  • BP ruling will force billions more in payouts, but how many billions? [View news story]
    Remember when Obama shook BP down for 20 B right after the spill? BP thought it was showing good faith. The moral of the story is it's easier to work with African dictators than American Presidents and Louisiana plaintiffs' lawyers can out snooker BP's best.
    Sep 4, 2014. 09:30 PM | 3 Likes Like |Link to Comment
  • Gold slides to two-month low; summer gain erased [View news story]
    Hmm, $1200 of FRNs or 1oz of Au?
    Aug 21, 2014. 06:36 PM | Likes Like |Link to Comment
  • Rally mode as Ukraine tensions ease [View news story]
    Dateline Ferguson, MO.
    "The protests and rioting following the shooting of an unarmed black male by a white police officer reveal the anger and frustration of America's black underclass who have been promised much and received litte. Some commenters suggest that this is just the beginning and such unrest will spread to more underprivileged areas."
    Aug 18, 2014. 09:26 AM | Likes Like |Link to Comment
  • Looking For The Signal? Expect No Fresh Help From Yellen And Draghi At Jackson Hole [View article]
    Let's see what Obama is forced to do about Isis.
    Aug 17, 2014. 02:57 PM | Likes Like |Link to Comment
  • Why Thursday's Sell-Off Matters [View article]
    Yours and an earlier comment make the case for investing in good stocks and holding them. This requires discipline that followers of the herd can't stomach. It's painful to watch your stocks take a nosedive, but patience is the name of the game unless you are lucky and time the market right. Diversification is the answer to a sound night's sleep.
    Jul 31, 2014. 07:05 PM | 11 Likes Like |Link to Comment
  • Do Not Fear Inflation, It's A Long Way Off [View article]
    Please get with the program. Saving is unpatriotic. The economy requires that you consume all of your income and borrow more to satisfy your desires. In the not too distant future you could be called out for ridicule for posting such unpatriotic thoughts.
    Jul 26, 2014. 09:40 AM | 4 Likes Like |Link to Comment
  • Do Not Fear Inflation, It's A Long Way Off [View article]
    Food and energy are not included in CPI.
    Jul 26, 2014. 09:37 AM | Likes Like |Link to Comment
  • A World Without Consequences [View article]
    We're not sure about you either Tom
    Jul 25, 2014. 07:57 AM | 3 Likes Like |Link to Comment
  • A World Without Consequences [View article]
    I've been trying to wrap my head around the conflict in Ukraine and tend to agree with our President that we don't want to do anything that might result in war with Russia. Putin is one tough son of a bitch and there is no telling what he would do if Obama were to send weapons to Kiev. The safe play is to do nothing and let Russia annex Eastern Ukraine. The American people are tired of war and don't understand why we have to be the world's policeman/woman/trannie. Don't even get me started on Israel. The Jews overran Palestine as illegal immigrants after WW2 and threw out the indigenous people who were living there. What kind of people would push aside native peoples in order to provide land for more immigrants? I feel for the poor Palestinians who couldn't secure their borders. I'm only sorry Obama is term limited. If he had another term, there is no limit to what he wouldn't do. Let's stand up for restraint in foreign policy and let other nations take the lead for a change. Putin seems up to the task and most of the world is standing behind the Palestinians, so we should take this opportunity to focus on domestic problems like LGT rights, extending unemployment insurance and the SNAP program, amnesty for Dreamers and fixing GM. I would also appoint a new Fed chair who would be committed to funding Main Street instead of Wall Street. Rather than bailing out the banks, let's bail out homeowners and credit delinquents. I know this sounds rather idealistic, but I can envision peace in our time.
    Jul 24, 2014. 08:44 PM | 3 Likes Like |Link to Comment
  • Smashing Godzilla debut for Warner Bros. [View news story]
    Come to think about it, I might have confused Godzilla with Jaws.
    May 17, 2014. 03:34 PM | Likes Like |Link to Comment
  • Smashing Godzilla debut for Warner Bros. [View news story]
    Godzilla is a deeply symbolic fable about the havoc caused by unrestrained central banks and the average citizen's struggle to eliminate the behemoth and return to a peaceful world devoid of central bank funding of the financiers and warmongers.
    May 17, 2014. 02:06 PM | 4 Likes Like |Link to Comment
  • Avoid GLD: Ukraine-Fueled Pop Is Unsustainable [View article]
    Your readers should realize that GLD is a trading tool, not an investment in gold. Shares of GLD cannot be exchanged for physical gold except for exteremely large holders. For the average investor who is interested in portfolio diversification, physical gold is the best choice; especially for long term holders.
    May 7, 2014. 06:45 PM | 2 Likes Like |Link to Comment
  • Ukraine continues offensive against rebels [View news story]
    Had only Lincoln been so reasonable.
    May 4, 2014. 05:44 PM | 1 Like Like |Link to Comment