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OptionManiac

OptionManiac
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  • Kenneth Feinberg, appointed to handle the BP compensation fund, says he expects claim payments to go out within 30-60 days.  [View news story]
    Government is made up of people, firms are made up of people. It is people who cause all the problems, not some sort of faceless demon. I hate it when people demonize some institution - demonize the people. We have met the enemy and they are us.
    Jun 18, 2010. 06:12 PM | Likes Like |Link to Comment
  • Kenneth Feinberg, appointed to handle the BP compensation fund, says he expects claim payments to go out within 30-60 days.  [View news story]
    You certianly are right - it wasn't all government corruption that has caused the present economic problems. When you get right down to it, you can only blame greedy individuals, whether they work for a firm, the government, or their selves.
    Jun 18, 2010. 01:48 PM | 1 Like Like |Link to Comment
  • Jon Stewart's video on our energy dependency is funny but also sad, Paul Kedrosky says; we can't wean ourselves from oil because competitive technologies aren't yet feasible and people are not willing to adjust habits. "Pretending that this is about Republicans, Democrats, or random acts of presidents is, however entertainingly intended, part of the problem."  [View news story]
    And Saudi Arabia, with the greates oil reserves, is very heavy into solar power.
    Jun 18, 2010. 09:19 AM | 1 Like Like |Link to Comment
  • Jon Stewart's video on our energy dependency is funny but also sad, Paul Kedrosky says; we can't wean ourselves from oil because competitive technologies aren't yet feasible and people are not willing to adjust habits. "Pretending that this is about Republicans, Democrats, or random acts of presidents is, however entertainingly intended, part of the problem."  [View news story]
    Just one problem with your statements (which, as a tree-hugger, I do agree with to a greater degree than you would think.) We have been very successful in pushing democracy and free markets througout this world. What we have created is billions of people who aspire to have our standard of living. These billions will become even more billions - I don't think our planet can handle all those McMansions.
    Jun 18, 2010. 09:13 AM | Likes Like |Link to Comment
  • Another reason for tanking housing sales: Buyers know they hold all the cards, and more last-minute demands for concessions are leading to collapsed deals. Buyers who "learned their moves from the World Wrestling Federation... think the final smackdown occurs at the inspection, where the seller will be reluctant to refuse any demand because the alternative is putting the house back on the market as damaged goods.”  [View news story]
    Everything you said shouldn't happen does happen. Unfortunately.
    Jun 18, 2010. 08:28 AM | Likes Like |Link to Comment
  • Sick of Sycophants [View article]
    One suggestion for you - Roth IRA. I know you can just put a pittance in it (well, not a pittance for some of us) But you can protect some of your earnings from future higher taxes while being able to pull out what you contributed without penalty. No, I am not a broker.
    Jun 17, 2010. 02:40 PM | Likes Like |Link to Comment
  • Jon Stewart's video on our energy dependency is funny but also sad, Paul Kedrosky says; we can't wean ourselves from oil because competitive technologies aren't yet feasible and people are not willing to adjust habits. "Pretending that this is about Republicans, Democrats, or random acts of presidents is, however entertainingly intended, part of the problem."  [View news story]
    I do agree with you. However, big SUV's, AC turned down to 70, etc., are all consumer decisions (I get a kick out of my neighbor getting the mail mid-afternoon while wearing a sweater when it is 90 out).
    Some politicians have told us that this is our right, but we still have too take some blame.
    Jun 17, 2010. 02:35 PM | 2 Likes Like |Link to Comment
  • Sick of Sycophants [View article]
    Yes - prepare for the Tea Party to take over.
    Jun 17, 2010. 01:31 PM | 2 Likes Like |Link to Comment
  • The mayor of Milan, Italy, says the city is likely to approve artist Maurizio Cattelan's controversial sculpture of a "crippled hand," missing all fingers except the upraised middle one. Cattelan insisted the sculpture be placed in front of the Italian Stock Exchange.  [View news story]
    I go with your vote. Congress really doesn't do much of anything. GS does.
    Jun 17, 2010. 01:28 PM | 2 Likes Like |Link to Comment
  • Sick of Sycophants [View article]
    Taxes up? Tax break last summer.
    Health care has always been going up.
    I think the world has a bit more respect for the US than it did just a few years ago.
    Jun 17, 2010. 01:00 PM | 3 Likes Like |Link to Comment
  • Sick of Sycophants [View article]
    Huh? World War 2. Government paid wages for people to make things that were blown up. This sucked up so much raw material that people with money had nothing to spend it on. And after World War 2 - more spending rebuilding Europe via the Marshall Plan. Government control? Guess where health insurance came from - wages were regulated by the gov't during the great war, so companies came up with this benifit to intice workers.
    Jun 17, 2010. 12:58 PM | 3 Likes Like |Link to Comment
  • Sick of Sycophants [View article]
    Right, get rid of DMV so anyone who wants can drive whatever they want. No more liscenses for the drivers that take your kids to school everyday!!
    Jun 17, 2010. 12:53 PM | 2 Likes Like |Link to Comment
  • Sick of Sycophants [View article]
    We have a problem with stimulus used for infrastructure today - what we want to build is so much more complicated and needs a great deal more of planning. Can't just stick a shovel in someone's hand like the Great Depression. Even during World War 2, the stuff we built only to be blown up was much less difficult to fabricate than what we would need today.
    And of course, beauracy, both government and private, would hinder a quick buildup.
    Jun 17, 2010. 12:02 PM | 2 Likes Like |Link to Comment
  • Another reason for tanking housing sales: Buyers know they hold all the cards, and more last-minute demands for concessions are leading to collapsed deals. Buyers who "learned their moves from the World Wrestling Federation... think the final smackdown occurs at the inspection, where the seller will be reluctant to refuse any demand because the alternative is putting the house back on the market as damaged goods.”  [View news story]
    I tell sellers - have your house inspected BEFORE you put it on the market.
    Jun 17, 2010. 10:04 AM | 1 Like Like |Link to Comment
  • General Motors says nine of its 11 U.S. assembly plants will forgo traditional summer shutdowns to help meet buyer demand for popular models. The decision is expected to generate up to 56,000 additional vehicles.  [View news story]
    They can't be, the government ended cash for clunkers months ago.
    Jun 17, 2010. 10:02 AM | Likes Like |Link to Comment
COMMENTS STATS
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3,595 Likes