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shild

shild
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  • Someone's Betting Big On Coming Volatility; How And Why They Might Be Doing That [View article]
    Seems this investor -- like most market pundits -- see a big turnaround in the markets coming down by significant amount.
    Mar 21 04:08 PM | Likes Like |Link to Comment
  • More on Nonfarm Payrolls: In addition to March's 50K revision higher, February's job gain is revised 64K higher to 332K. Average workweek down 0.2 hours to 34.4. Average hourly earnings +$0.04 to $23.87. Labor force participation rate of 63.3%, flat from March, was 63.6% a year ago. Notable in individual industries is Constructio falling 6K after sizable gains in February and March. Government jobs contract again, -11K after falling 16K in March. [View news story]
    The numbers today and have been manipulated! Anyone out there on main street knows that things are not doing so well out on main street for everyday people doing their jobs (or don't have jobs)! there are alot of people out there with no money, no job or not interested in a job (because they are on government programs of Medicaid and/or rent subsidy and/or food stamps and earned income credit alone of $10k alone).
    May 3 06:12 PM | Likes Like |Link to Comment
  • More on Nonfarm Payrolls: In addition to March's 50K revision higher, February's job gain is revised 64K higher to 332K. Average workweek down 0.2 hours to 34.4. Average hourly earnings +$0.04 to $23.87. Labor force participation rate of 63.3%, flat from March, was 63.6% a year ago. Notable in individual industries is Constructio falling 6K after sizable gains in February and March. Government jobs contract again, -11K after falling 16K in March. [View news story]
    Government jobs only 11k down, Ha -- they should lay off 500,000 pple for doing nothing
    May 3 06:06 PM | Likes Like |Link to Comment
  • More on Nonfarm Payrolls: In addition to March's 50K revision higher, February's job gain is revised 64K higher to 332K. Average workweek down 0.2 hours to 34.4. Average hourly earnings +$0.04 to $23.87. Labor force participation rate of 63.3%, flat from March, was 63.6% a year ago. Notable in individual industries is Constructio falling 6K after sizable gains in February and March. Government jobs contract again, -11K after falling 16K in March. [View news story]
    How anyone believes that there is a 7.5% unemployment rate in the US is baffling ?
    May 3 08:39 AM | 1 Like Like |Link to Comment
  • March Nonfarm Payrolls: +88K vs. consensus +190K, 268K previous (revised from +236K). Unemployment rate 7.6% vs. consensus 7.7%, 7.7% previous. [View news story]
    Interesting the unemployment rate drops whilst new jobs fall ... this is because with all the government programs its not worth working a good solid hard-working job .... And how will the next generation of people look with parents that dont even work for a living just live off Uncle Sam ...Earned Income credit is now $7500 from the Feds and in NY add another $3500 from the State and is it really worth working ????
    Apr 5 08:43 AM | 2 Likes Like |Link to Comment
  • Still on his game even as he eyes private life, Treasury Secretary Geithner sticks to script, telling Congress extraordinary measures taken to stretch government dollars will run out between mid-February and early March, and warning of "irreparable harm" to the country should the debt ceiling not be imminently raised. [View news story]
    Bottom line you cant have a country that lives off a small percentage that works hard and the rest laze and live government benefits.
    Food stamps, Medicaid and rent subsidies and all other government give-aways should be for a limited time like 6 months or a year (unless in special circumstances) -and oh boy people will find jobs pretty quickly!!
    I know people have been on the dole, collecting homeless and other benefits like rent subsidies and food stamps for years and had a bunch of babies in between (to keep the benefits coming).
    Jan 14 06:55 PM | 1 Like Like |Link to Comment
  • Still on his game even as he eyes private life, Treasury Secretary Geithner sticks to script, telling Congress extraordinary measures taken to stretch government dollars will run out between mid-February and early March, and warning of "irreparable harm" to the country should the debt ceiling not be imminently raised. [View news story]
    Spending has NOT slowed, we will have a trillion dollars deficit this year, we spend 40% more than revenues bring in, Greece and the rest of europe never had such a shortfall or deficit of 40% -and its economy is on its knees.
    Count in the Social Security shortfall, and medicare shortfall's that is coming in a decade PLUS the ObamaCare shortfalls and America is going to collapse.
    The only way is to increase the retirement age to 70 years old, cut spending (cut food stamps, Medicaid, rent subsidies, Earned Income credit etc) scrap health give-aways (inl ObamaCare) so-as if you have two able legs then you can work and not live off the government.
    Social security and medicare (on average) exceed by far the average per person's payments into the system. Our kids and our retirement's will be wrecked unless we take immiediate action.
    Jan 14 06:49 PM | Likes Like |Link to Comment
  • Still on his game even as he eyes private life, Treasury Secretary Geithner sticks to script, telling Congress extraordinary measures taken to stretch government dollars will run out between mid-February and early March, and warning of "irreparable harm" to the country should the debt ceiling not be imminently raised. [View news story]
    Which is a big harm passing the debt ceiling deadline at the end of February OR having debt growing at the rate of over ONE TRILLION DOLLARS ANNUALLY ???
    If Congress want to stop the spending (spending flushing down the toilet at record speeds) then the only way is the threat of going past these artificial deadlines.
    One question: I have not yet heard not even one proposal where the proposed cuts will come from -- we always ways to increase taxes and revenues but never how to CUT some SPENDING !!
    Jan 14 05:07 PM | Likes Like |Link to Comment
  • If the U.S. goes over the fiscal cliff, the biggest impact in sheer dollars would land on relatively affluent households, but in terms of percentage of tax increases, low- and moderate-income taxpayers would face the biggest burden - an often overlooked part of the budget debate that’s beginning to draw attention as the year-end deadline nears. [View news story]
    "so long as the takers get to pay more" -- you know that will not happen, In America the takers of food stamps and medicaid and rent HUD subsidies and EIC credits keep the bacon whilst the middle-class pay for the laziness of the many.
    Dec 30 07:42 PM | 1 Like Like |Link to Comment
  • If the U.S. goes over the fiscal cliff, the biggest impact in sheer dollars would land on relatively affluent households, but in terms of percentage of tax increases, low- and moderate-income taxpayers would face the biggest burden - an often overlooked part of the budget debate that’s beginning to draw attention as the year-end deadline nears. [View news story]
    Americans that I know do not hate the rich, they want to emulate them. Americans that I know want to work hard and make their way up the economic ladder. Americans that I know value liberty over class warfare, they also value the government out of their lives rather than government regulations and high taxes.
    This goes for poor and middle-class Americans. They wanted a good life for all and were happy when someone else made money, and wanted the government to keep its paws out of the hands of the citizens.
    Dec 27 05:57 PM | Likes Like |Link to Comment
  • If the U.S. goes over the fiscal cliff, the biggest impact in sheer dollars would land on relatively affluent households, but in terms of percentage of tax increases, low- and moderate-income taxpayers would face the biggest burden - an often overlooked part of the budget debate that’s beginning to draw attention as the year-end deadline nears. [View news story]
    The 47% are people are the people that TAKE in money -- not only do they not pay taxes they take all types of programs from food stamps to medicaid to medicare to medicaid to social security etc., etc. plus the federal and state employess (and that totals more than 35% ++ of the economy) and the list goes on and on ... These takers are long-term program takers and will fight with their allies on the left and the unions that no entitlements or spending programsbe cut at all ... And thats why Obama is silent on the cuts in spending & refuses to have any part in reducing government spending, because a huge majority of the public pays no taxes and also takes programs and is subsidised for their very living by the government ... But tell me how long can than this last, with a huge (silent) majority of the country providing for the (vocal) majority ???

    Sounds like Greece ... or maybe Venezeula possibly ... Or Bolivia ???
    Dec 27 05:53 PM | Likes Like |Link to Comment
  • If the U.S. goes over the fiscal cliff, the biggest impact in sheer dollars would land on relatively affluent households, but in terms of percentage of tax increases, low- and moderate-income taxpayers would face the biggest burden - an often overlooked part of the budget debate that’s beginning to draw attention as the year-end deadline nears. [View news story]
    The 47% are people are the people that TAKE in money -- not only do they not pay taxes they take all types of programs from food stamps to medicaid to medicare to medicaid to social security etc., etc. plus the federal and state employess (and that totals more than 35% ++ of the economy) and the list goes on and on ... These takers are long-term program takers and will fight with their allies on the left and the unions that no entitlements or spending programsbe cut at all ... And thats why Obama is silent on the cuts in spending & refuses to have any part in reducing government spending, because a huge majority of the public pays no taxes and also takes programs and is subsidised for their very living by the government ... But tell me how long can than this last, with a huge (silent) majority of the country providing for the (vocal) majority ???
    Dec 27 05:51 PM | Likes Like |Link to Comment
  • If the U.S. goes over the fiscal cliff, the biggest impact in sheer dollars would land on relatively affluent households, but in terms of percentage of tax increases, low- and moderate-income taxpayers would face the biggest burden - an often overlooked part of the budget debate that’s beginning to draw attention as the year-end deadline nears. [View news story]
    Hey 47% are the peo0ple who are net takers from the federal government, i.e. they take food stamps, social security, rent HUD, etc and this is WOTHOUT the Bush tax cuts we have 47% of pple net takers from the government!!
    Dec 25 02:50 PM | 1 Like Like |Link to Comment
  • Unusual Twist In VIX Futures Term Structure Of Late [View article]
    The deviul of the deal is going to happen some time, and all bets are on the republicans caving with some face saving for them also; but the real issues of this country of too much federal spending by far, work not being profitable because of massive give-away programs that make it not worthwhile to work (food stamps, medicaid, rent subsidies, EIC), unemployment benefits that induce staying unemployed, and (non-paid-in) medicare ARE NOT BEING ADDRESSED at all -- President Obama has one focus and that is of raising taxes on the rich but the most important item in front of the country of the massive spending is left untouched and un-debated.

    Its a SHAME ! Thats why I say VXX is a long-term play.
    Dec 9 08:21 PM | Likes Like |Link to Comment
  • Why Deleveraging Is The Ultimate Outcome As The Fiscal Cliff Just Doesn't Matter [View article]
    I am long VIX by way of VXX and it make take some time but a huge downgrade on the US is on its way for many reasons, but one of them is the unwillingness for politicians in Washington to lower spending on programs, entitlements, food stamps etc -- whether the rich should pay more or not will not do much to change the deficit up or down but the only way the deficit will be lowered is by lowering spending and starting from the President down no-one wants to cut spending and this will cause interest rates to go up, de-valueing of the dollar, loss of productivity, massive tax increases and then automatic massive spending cuts (which could easily be done now softly) and a huge market crash.
    Dec 2 04:42 PM | Likes Like |Link to Comment
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