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User 385544

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    Nice post.

    Put it on stationary and mail it in care of: Mayor Bloomberg of NYC, he knows not what term limits are. The people of NY voted for Term limits, not once, but twice! Then the steeple went and overturned it.

    I hate to say it, but you cant always blame the polotitians.

    On Aug 14 02:00 PM Swashbuckler wrote:

    > Agree in general with doubleguns. Most people with an IQ above room
    > temperature know that the system is broken. I believe it is highly
    > likely that the USA has a rendezvous with political/economic collapse.
    > There is a remote chance of this painful destiny being avoided, IMO,
    > but it must begin with TERM LIMITS. Any measures taken without implementing
    > term limits is begging for more corruption. Like trying to stop a
    > tank with a flyswatter. As things currently stand, the extremely
    > rare few people who aren't corrupt when they enter DC politics are
    > soon converted to the expected and accepted DC lifestyle. IMO, BO
    > is no better or worse than the rest. They all suck.
    Aug 15 12:11 AM | 8 Likes Like |Link to Comment
    Glenn Beck sold out when he left CNN!

    He threw away his Libertarian ideals when he landed in "Conservative Central" aka FoxNews. I rather debate with someone that stands on principle, whatever their political affiliation, than a hypocrite. He is no better than the politicians he despises so much.

    Aug 15 12:00 AM | 8 Likes Like |Link to Comment
  • Is There Enough Natural Gas? [View article]
    "however, there are oviously some very powerful people who feel otherwise...."

    Yes, those LONG oil and any petroleum products. Inventories released today at all time highs, demand at all time lows. Not enough tankers for the banks, traders, and crooks to fill.

    12:44 EST Oil 50.72 +0.80 up 1.60% today.

    there is no reason for oil to be at 50.72...NONE.

    so yes your right. ""there are obviously some very powerful people who feel otherwise....""

    Apr 29 12:47 PM | Likes Like |Link to Comment
  • Is There Enough Natural Gas? [View article]
    I'm simply flabbergasted at the number of opinions that suggest government have a hands off policy. To those with this opinion are you suggesting more of the same or do you agree we need an energy policy in this country? For success in energy policy look no further than Brazil. It was suggested by one poster that we privatize more. Privatize what my I ask? Has private industry solved our lust for oil to date? Ok here is an example, lets privatize our roadways and interstate highway system. I'm thinking toll booth every 1/8 mile by 2020 with decaying highways and potholes as far as the eye can see. Government intervention and regulation has its place; energy, infrastructure, and health care are prime examples. btw: this opinion comes to you from a libertarian believe it or not. (libertarian =small "L", not capital "L") Some government regulation and intervention is required to keep our country ticking, zero government is a fantasy and so is the notion of private industry creating an energy policy.
    Apr 29 08:30 AM | 4 Likes Like |Link to Comment
  • Breaking Views on why the worst may be yet to come.  [View news story]
    The article touched on a good point. "Inventories", and im not talking housing or commercial real estate here.

    The old business model 20-30 years ago was to warehouse millions of dollars of inventory, and keep production going, and warehousing finished goods to avoid laying off workers. Manufacturing inventories today, for the most part, are kept at a minimum.. In a normal or shallow recession that has allot benefits, as it lets production hit the ground running without having to work off inventory when demand picks up, shortening the time workers are laid off.

    Unfortunately, with that business model in a longer recession or mild depression there are unintended consequences or backlash. OEM manufacturer's have basically “taken out” their suppliers and put them out of business. Many of these small businesses have been squeezed and operated on small margins, with little capitol to sustain a long recession.

    Consequently, whenever demand does improve, the scramble to find adequate suppliers will be on. OEM manufacturer's are already having a hard time shipping orders or meeting customer demand, because suppliers are going bankrupt and out of business.

    Laid off workers of suppliers and small to medium sized businesses have nowhere to be called back to, they are gone. The return to normal production levels, even if demand is there, will be difficult at best.

    Yes, this recession will be long and deep, and recovery, VERY VERY slow indeed.
    Apr 23 06:45 AM | Likes Like |Link to Comment
  • Natural Gas Prices Are Down, But Still Relatively High [View article]
    Everyone is still bearish on NG. I have changed course and thought process over the last week. (bold statement here before the report tomorrow).

    Barring and oversupply "surprise" report tomorrow, we are hitting bottom in NG and ETF sibblings (UNG), (GAZ), (HZBBF). Volume is up, the decent has slowed and we are huggging 10-20-30 day moving avgs. Production is well below break even at this time.

    We are at a swing point after this crazy run-up in other sectors and equities, with disregard for fundamentals and rational. Sector and/or equity rotation is starting its cycle again. If you look at NG's story and chart its compelling here.

    If what just happened the past 6 weeks is any indication there are going to be allot of people piling in soon. Well before demand picks up and rig counts bottom. The copper and hard commodities play my be played out here for the time being.

    Apr 22 06:22 PM | 1 Like Like |Link to Comment
  • Caterpillar's Loss Not a Good Harbinger of Economic Things to Come [View article]
    so is Komatsu!

    On Apr 21 11:12 PM expat in China wrote:

    > Caterpillar is working hard for its position in the eastern markets.
    > A small place in Guangxi, "Liugong Machinery Company" is eating catapillars
    > lunch!
    > wrightreports.ecnext.c...
    Apr 22 12:31 AM | Likes Like |Link to Comment
  • The Treasury and White House reportedly conclude they can prop up banks without asking Congress for more money by converting gov't loans to the country's 19 biggest banks into common stock. If they do so, they'll face loud cries of back-door nationalization.  [View news story]
    I keep reading in commentary and the news how banks need capitol to lend. Solvent banks don't lend capitol, they lend out their deposit base....i did say solvent didn't i.......LOL
    Apr 21 09:27 PM | Likes Like |Link to Comment
  • Windows 7 doesn't even have an expected release date, but Microsoft (MSFT) is already hiring for Windows 8 and promising 'major improvements.'  [View news story]
    I couldn't stop laughing at the article or above posters, as i agree.

    All i can think is MSFT must be taking a page out of GM's play book. Build and market unreliable, unstable, product that no one wants....and follow that up by building upon it.

    news wire: MSFT's next move OS's with REAL expiration dates. Why have planned obsolescence when you can code it into the software *just kidding*


    (this comment brought to you by Microsoft XP os)
    Apr 21 06:30 PM | Likes Like |Link to Comment
  • Equity Market Rally Reaches Escape Velocity [View article]
    Right now its about capital preservation not capitol gains. They say don't fight the tape, but that doesn't mean you have to stick your neck out over the chopping block either!
    Apr 20 03:44 AM | 4 Likes Like |Link to Comment
  • How the Gold Game Could End [View article]
    All the debate and questioning of (GLD). Let me say this, "A bird in the hand is worth two in the bush". Having said that ill take my gold coins please, you can have your (GLD).
    Apr 20 03:11 AM | 3 Likes Like |Link to Comment
  • Is Now the Time to Buy Gold? [View article]
    I have a problem with the reasoning to buying and holding gold. We made it down to 6500 on the DOW and true demand wasn't there. Its good for jewelry and catalytic converters when platinum is in short supply. We really don't know how much the IMF has and they are dumping tons anyway? China seems to be more interested in copper, nickle, and stockpiling other commodities. Downside risk is much more than the upside at this particular time. Gold doesn't seem to be the haven or bellwether it once was. At the very least there are other hard assets to invest in with stability and upside potential.

    Also, last time i checked gold wasn't very tasty; only time ive had it was in a shot of Goldshlager. If things get as bad as some of us doomsayers think (myself included), I think i would rather own something i can eat or drink.

    If you really want to own gold own physical gold, but not (GLD). The paper market seems a little suspect. I say that with respect to WHY you would want to own gold, supposed the security of your portfolio and hedge inflation. (GLD) seems to be a traders and speculators game...or shall i say manipulators game. At that point your aren't really interested in "gold", your just trading or speculating on any other stock or ETF.
    Apr 20 02:45 AM | Likes Like |Link to Comment
  • IMF's Outlook on World Economy? Not Good [View article]
    I would like to thank the author for the articles and the posters for there in depth commentary and analysis. Great read guys.
    Apr 18 12:53 AM | 3 Likes Like |Link to Comment
  • Steven Rattner, head of the government's auto task force, disclosed he was under investigation in an alleged kickback scheme involving NY's pension fund before taking the position, a Treasury spokesman says. WSJ broke the news about the probe yesterday.  [View news story]

    On Apr 17 07:53 AM William Cowie wrote:

    > Interesting who the WSJ singles out for their exposés these days.
    > Notably missing: Lloyd Blankfein, the master of deception and manipulation.
    > Seems the WSJ is like a schoolyard bully - they only go after the
    > little fellas, but stay away from the big guys. Like they stayed
    > away from Madoff, after he was handed to them on a platter.
    Apr 17 08:07 AM | 1 Like Like |Link to Comment
  • China Concerns, Crashing Currencies and the Future of Gold Purchases [View article]
    i found that article eye opening also...a must read.

    On Apr 16 02:02 PM No Eye Deer wrote:

    > What is China upto.
    > A 'Copper Standard' for the world's currency system?
    > Hard money enthusiasts have long watched for signs that China is
    > switching its foreign reserves from US Treasury bonds into gold bullion.
    > They may have been eyeing the wrong metal.
    > China could be using dollars to build up large stock piles of metals.
    Apr 16 11:04 PM | Likes Like |Link to Comment