hwood007

Cramer's Mad Money - Social Insecurity (12/17/08)

you should read an article by the non-political AIER (American Institute for Economic Research. The beloved trust fund has only gov IOUs in it and by 2017, someone will need to pay more money to the feds in order to make the social lsecurity payments. You believe the story that the trust fund will make up the difference until 2041 but that is untrue. food luck to all.


On Dec 18 04:04 PM WAKEUP wrote:

> I have always recognized that Cramer is a narcissist and a blowhard.
> Add to that the fact that his financial advice is worthless. His
> personality is truly offensive to anyone who does not condone filthy,
> sneering, snarling, smug facial expressions and hostile attitudes.
> Now he has further revealed that he hates social security, a fact
> that unmasks his Nazi mentality. There is nothing wrong with social
> security, and pogues like mad dog Cramer know this. Social security
> will not go broke, as ignorant pretenders like mad dog Cramer are
> always snarling will happen. (I notice that as the years go by, their
> predictions of WHEN social security will "go broke" are pushed further
> and further into the future.) What is irking mad dog Cramer and others
> like him is that social security is actuarily sound, and will continue
> to be sound as long as premiums are kept in line with benefits, the
> very benefits that do in fact keep millions of elderly persons from
> starving, after the unsound investing schemes of people like mad
> dog Cramer have wiped out these elderly people's other savings.

Five Solid Dividend Companies

I think the buy prices are a little high, I own three of these and bought two of them more than ten dollars below his price.

Ban on Fast-Food Ads Would Cut Childhood Obesity 18%

how would such a ban stand court review? Can we ban computer games from ads also? I noticed no one was able to find a reason to speak in favor of this. The bottom line is government should not try and make such rules, that is up to the parents to do.

Ken Lewis on Bank Accounting: Sensible Talk from a Surprising Source

After the fact, I could figure this out for myself. What we needed was some oversight, Congress or agencies, to see this coming and tell the press about what was going to happen. Congres has a brain bigger than that of a Squirrel but I hope one of them can think and pray it is not the squirrel. I know a social security crisis is coming and coming soon, like 2017 because the trust fund only has IOUs in it.

Dividends Are Not Necessarily a Guaranteed Stream of Income

too bad a link did not take us to find all of the latest reductions in dividends.

Ten Highest Yielding Quarterly Dividend Stocks

I cound be wrong and not for the first time, but I thought CNB had defered the dividend for a time..

Overall, Fundamentals Are Still Deteriorating

The market will not like "all stock dividends" being put on hold for a year and such an act could cause more harm than good. I surley would not buy a stock without a dividend although I own two which have recently suspended their dividend. I am thinking over my options on these two.

CNBC's Gasparino Problem

The audit firm at a corporation should not also be an advisor to the same firm on any other project than audit.

Certified Rating Agencies for bonds and other corporate paper are currently paid by the bond issuer and not the bond buyer. It should be the other way around. If I were the buyer, I would want to have my own bond risk appraisor and may want to get a second opinion. Three are too few of the rating firms and that keep cost too high.

Corporate or GSEs are publicly held and should not be giving stock owner’s to any outside organization, unknown, or politician with out stock owners permission. All employees of companies can give their own money to whom ever they choose. Giving money to charities should also require the permission of stock owners and the board. Such gifts should be on the yearly proxy letter for the next year. Then if I do not like the gift they have chosen, I can defer buying that firm.

Currently company owners, the stock holder, have little ability to control action of corporations. Board members are not required to have a majority vote by sock holders to assume office, not even a majority of those voting. I believe it possible for a board member to assume office with few votes.

A need for a new up tic rule is apparent as is one for selling stock you do not control. No one can sell my car, my home or doe, without controlling them, so why can they borrow my stock and sell it? Naked short selling should never be allowed. Margins for selling short should be the same as for buying and need to be raised for commodity trading. It may be possible to sell short more shares than exist.

SIVs and CDOs should consist of assets of the same risk to allow for finding the low risk items. The habit of mixing various risks within the same conduits has diluted the value of all SIVs or CDOs. The buyers of these investments have no way to rate what they are buying because once they are joined; no one can find the bad apples.

News rules for credit swaps and mark-to-market vehicles need to be upgraded with some improvements

The 50% rule might need to become the 20% rule. The way it is now companies move risky assets off the books and put them on the books of another company which they do not have a 50% interest but control none the least. What company would volunteer to take on bad debt and help another company cook their books without some thing in return?

Stock options are a mess and cause too much controversy. I would prefer cash awards but if stock options are needed, then have the boards declare the options dates 60 days or more in advance and back dating would stop. Legal back dating should not be legal.

Voting for our politicians with ACORN and other registering anyone, dead or alive, pet, or flowers, is making a mess of our elections. No matter who wins, I am not going to believe it was a fair election. We need voter ID more than ever and only military absentee voting. All states have pre-election voting and we can make the process long enough to cove r any out of town trips.

Ask your Congress person why we are paying a high traffic on South American bio-fuels?

Trying to Make Sense of Cramer's Advice

The calls with questions are taped early in the day and then played back later while the lighting round is live, research his suggestions like you would do with anyone else.

To Bail or Not to Bail? - Fast Money Recap (9/29/08)

I think the SEC can pause the mark-to-market rule without congress and should do so for a month or so. I am so glad I do not buy mutual funds, GSEs, or low cap companies. I always listen to Ron Paul, I usually do something else.

Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling

I would agree with the above, too many small companies are not insured enough. Several smaller banks are having a run on deposits,( some what like the old Jimmy movie), and the fact that the bank is really in OK shape, if all the deposits are removed in several days, that bank will not have enough cash to cover deposits and the FDIC will step in and close them down.

I also would suspend the mark-to-market rule for a month and see how that worked out. Both of these ideas are not as harsh as the defeated bill and may help, give it several weeks and see. Just because some assest sold for $1,000 less this month than last month is not a reason to revalue all your assests.

Buffett's Berkshire: 14 Stocks That Have Gone Up

I bought some CNB @ 3.50 and some @ 3.80, still up so far. look for small stocks with a future.

FDIC Anoints Superbanks - Cramer's Stop Trading! (9/26/08)

No mention of BoA, wonder what the great sage thinks of BoA now?

Going to Hell in a Handbasket: The Rush To Protect More Stocks

I need someone to explain how a public owned company is allowed to give away company money to a politician? On which company disclosure form does that appear? I thought this was stock holders money and management was hired to run the firm in the interests of the stock owners, not the interests of any politician they like.

It would also seem to be a conflict of interest for GSE type companies to give money to the election funds of any government politicians and a conflict of interest for politicians to receive such money. GSE firms were setup to take care of taxpayers but seem to be taking care of those who are charged with GSE oversight and why is it that the liberal politicians are at the top of the recipients list of GSE funds?

I remember several years ago someone tried to offer a bill to control the GSE firms and I also remember that a Senator who received large donations to his election fund was instrumental in blocking the bill. Anyone remember who?
Company CEOs seem to have a great pay system, do bad and leave with big bucks and to better and leave with bigger bucks. I do not own enough stock to vote a difference, but I try. Had the GSEs been like Ceasar's wife, most of this mess would have been better.

It's Time For a U.S. Sovereign Investment Fund

I need someone to explain how a public owned company is allowed to give away company money to a politician? On which company disclosure form does that appear? I thought this was stock holders money and management was hired to run the firm in the interests of the stock owners, not the interests of any politician they like.

It would also seem to be a conflict of interest for GSE type companies to give money to the election funds of any government politicians and a conflict of interest for politicians to receive such money. GSE firms were setup to take care of taxpayers but seem to be taking care of those who are charged with GSE oversight and why is it that the liberal politicians are at the top of the recipients list of GSE funds?

I remember several years ago someone tried to offer a bill to control the GSE firms and I also remember that a Senator who received large donations to his election fund was instrumental in blocking the bill. Anyone remember who?