awake09

Meredith Whitney: 'I Haven't Been This Bearish in a Year'

I'm off-point here, but the financial graphics on this program are distracting. Why does CNBC have to sex-up graphs with wind noise?

Image Entertainment Inc. F2Q10 (Qtr End 30/09/09) Earnings Call Transcript

Whoever typed this should go back to high school typing class.

Painful Unemployment Report

So, what the Fed did was buy the bad debt and fraud from the investors and marketplace, and dump it on the tax payer. Yes, what a grand plan. We have turned the corner! Now, pay DC back for all the associated corner-turning costs. NO ONE has won. NOTHING is fixed. We just destroyed our future trying to keep the lid on the volcano. But, it blew anyway.


On Nov 06 11:53 AM American in Paris wrote:

> Hi Karl,
>
> You really don't get it. Do you really think without the government's
> deficit spending the economy would be better shape today?
>
> That's a ridiculous idea. We would still be in recession and the
> unemployment rate would be 15% today, not 10.2%.
>
> All this pseudo-populist talk thrown about the politically disenfranchised
> Right is cheap, particularly since there is no intelligent alternative
> to aggregate demand stimulus.
>
> And letting the banks fail would lead to a complete meltdown of the
> financial system.
>
> If the banks go down, you go down ....

U.S. Bank Failures: 9 in one day

The Soetoro "Yes We Can" success proves that the US public is completely regressed and beyond redemption. They don't know what idiocy is-- they have shattered their personal mirrors, so they'll never see it staring back at them. We have multi-culturalists screaming for their little slice of the civil rights pie, assuming that if Soetoro throws them a bone now and then, that all is well.

I now have all-but given up on this nation. But where can we go? Isn't this place as good as it gets? What a sad state.

BLS Jobs Numbers Contradict BLS Jobs Numbers

Oh my goodness Jeff, you've been CALLED OUT. Nick Krash is waiting outside the classroom to knock you down.

Housing Starts Rise. But Remain at Historically Low Levels

I would agree to that in areas where water shortages have resulted in non-watering days or rationing, like L.A. County. As much as they whine about drought, they keep rubber-stamping any new development that crawls across the city council's desk. No water? No new development.


On Sep 17 12:16 PM conceptwizard wrote:

> In Florida recently a city council retracted a building permit for
> an 800 home subdivision it previously it had approved. This was to
> combat the huge inventory in existing homes.
>
> I have noticed a lot of articles along these lines across the country.
> Also it has been tossed around to put a moratorium on all new home
> building in some states. I am not sure of the standing of this issue
> currently but this will bear watching as it would help put a floor
> under used home inventories.

Southern California Real Estate Booming Again

If I EVER see my house worth $650,000 again, I'll sell the thing and laugh all the way to my new rental.

U.S. Markets Flash Strong Warning Signals

Well said! :)


On Aug 30 08:52 AM bloomberg 30 wrote:

> .

Colonial Bank Failure Highlights the Problem

I heard that-- I have Rep. Brad Sherman (D-Los Angeles), who finally emailed me back about any pending townhall meetings. He said he only schedules them in the spring, when people aren't "out on summer vacation." These people assume we are too stupid to know what they are doing.

And thank God for those 1 billion guns!


On Aug 23 11:10 PM digalert wrote:

> What can I do? I'm told to address my concerns with my congress person.
> Well I've got Pelosi, Feinstein and Boxer so that's out.

Obama to Reduce Budget Deficit on 'Fewer' than Expected Bank Failures

Anonymous bloggers are always sexier than the others... there's that sense of mystery and intrigue. Remember "Primary Colors"? Anonymous authorship made it a best seller. The fun is over once the cover is blown. In the meantime, keep the government on its toes, "Tyler"!

Didn't Caterpillar Say Things Were Improving?

Are you a close friend of John Edwards too?


On Aug 20 10:33 PM ferd wrote:

> I know Jim Owens personally, and I can tell you his (and Caterpillar's)
> values and professionalism preclude any sense of improprietary, implied
> or otherwise. I will take him at his word.

Spike in Mass Layoff Events

Doubleguns, that was hilarious.

CalPERS Is Unsustainable

Did anyone read Yahoo! Finance today? "Stocks Soar, Bernake Sees End of Recession." Jeff, this wouldn't be one of those party-hat articles, would it?

The amount of deception the financial world and it's media extensions will go to must stagger the devil himself. These in-the-tank organs are so self-invested that they are incapable of seeing the cloud, only silver linings.

That is when it's a "progressive" administration in power, I should say. Yahoo! Finance also said "A New York official [?] credits the Obama stimulus for turning around New York state's unemployment figure this month." Hand me a barf bag.

Has President Obama's Mortgage Modification Plan Failed?

What a laughable diatribe... get real. For you to propose Democrat as the sane ones, and the current elected clown posse as superior to Republicans is ridiculous. And "religious crazies" are who GAVE YOU THIS NATION, dimwit.


On Aug 20 11:00 PM JosephN wrote:

> Not to turn this into a political debate, but what alternative did
> the republicans present us with?
>
> A integrity lacking former torturee who now supports torture and
> his 'when the going gets tough I quit' quitter sidekick. And the
> candidates seem to get ideologically weirder and more incompetent,
> if not outright corrupt, by the year.
>
> I voted for Obama because I knew he wouldn't let the banks fail,
> which has kept us out of great depression 2. Something that McCain
> has already said he would have let happen. And he is new enough
> to washington not to be completely corrupted by it yet.
>
> Until the republicans jettison the religious crazies and corrupted
> ideologues and put forth the next Reagan I, and most sane americans,
> will continue to vote for the democrats.
>
> The republicans brought it on to themselves, it is time for them
> to put their house in order but I still see no real effort to do
> the hard work it will take. Mostly because they cannot take responsibility
> for their own internal issues.

SoCal Median Home Prices Rise: Still Risky to Call a Bottom

Around Los Angeles, many decent home properties are seeing multiple offers within a week of being listed on MLS. The media's impression has been made that the current home prices are so low that buyers can't afford to wait and let them rise again. People are still too used to seeing a decent 2000 sq ft house valued at $600,000-$800,000, and can't believe it when they find it listed for $400,000. So, unscrupulous realtors pull their usual tricks and tell the shoppers that they better put in an over-asking offer right away, as "the housing market is back, haven't you heard?"

Remnants of the 'fever' are still alive and ready to drag people back into the whole affair. Maybe I can find one of these uninformed suckers and get them to buy my place, and bail me out. So, Tim, don't break the news to them, I need a buyer!