JohnDough454

Did Immigration Protests Burst the Housing Bubble?

or it could be a coincidence

Taki Theodoracopulos ???? that goof? you've got to be pretty desperate to be reading something sponsored by the greek version of Pat Buchanan. Racist, anti-semite and a psuedo conservative happy to talk about family values while operating like Tiger Woods. Puhleeez.

Pimco's Bill Gross, manager of the world’s biggest bond fund, cuts Treasury holdings and boosted cash to the most since the Lehman collapse in 2008 amid increasing speculation that interest rates will rise. Over the past month, Pimco's Total Return Fund went to cash holdings of +7% from -7%, while Treasury holdings fell to 51% from 63%.

because Bennie and Timmeh are creatures of Wall Street and Wall Street can't bear to have their salaries capped. Not to mention every winger is howling about gummit control.


On Dec 18 04:23 PM javos wrote:

> Lemme see if I've got this straight...the bond market is basically
> telling Benny and Timmy to go pound sand. They don't think the yield
> is adequate for the future prospect of inflation. I agree. Not
> good news for housing...mortgage rates already inching up. If housing
> takes another leg down,(it will) then banks go back to picking up
> doo-doo.
>
> So why are Benny and Timmy allowing TARP to be re-paid? Does somebody
> need the cash worse? Maybe the states?
>
> Getting interesting.

How Much Is Fed Suppressing Mortgage Rates?

Dragonpaw? If you think Glenn Beck is anything short of insane you're off in the weeds somewhere.

Perhaps you should consider that the party that has its stated goal of destroying government just had 8 years of making this mess. Cleaning it up is not some communist plot, but since you're a Beck viewer, I'd expect any cogent argument would fail to break through the din of conspiracy theories whirling in your brain.

FSM help us.

Saudi Oil Pricing Paradigm Shift: WTI Index Out, ASCI Index In

Current product supplied to the market in the US is more like 19 MMBD. You can't ignore the intermediate and finished products that we import along with the 9 MMBD of crude imports and 5 MMBD of domestic crude production.
Those products are also derived from petroleum, just not in our refineries.

and what was the point anyway?


On Nov 11 11:09 AM ETF STER wrote:

> Does anyone bother to look at current consumption of oil by the United
> States?
>
> 25% of total crude consumption daily at 86.14/mlb/d is about 21mlb/d.
>
>
> Our (U.S.) current consumption of oil is between 13-14 mbl/d. That
> equates to approx.14-16% of world oil consumption.
>
> Even in 2008 average consumption of oil was about 14-15 mbl/d.

Saudi Oil Pricing Paradigm Shift: WTI Index Out, ASCI Index In

The Saudi's don't sell to the "banksters" so just how would a sale to Exxon, Valero, Chevron priced as WTI- X with no intermediate players wind up as a profit to GS or MS?
Follow the money, or in this case, the lack of any linkage demonstrated.


On Nov 11 02:03 PM Tony Daltorio wrote:

> I know most commenters won't believe this but the final straw for
> the Saudis was earlier this year...
>
> The price of the NYMEX WTI contract was more than $20 below what
> the actual global price of oil was and despite the BS about Cushing,
> OK, etc. - the real reason was blatant manipulation on the DOWN side
> by the Wall Street banksters.
>
> The Saudis were furious that Wall Street was ripping them off to
> the tune of tens of millions of dollars, so they are now dropping
> the WTI in an attempt to get a less Wall Street-controlled price.

Does Anyone Actually Believe in Market Efficiency?

do you also believe in the tooth fairy?

You just watched some of the biggest, smartest financial companies in the world destroy themselves by not managing risk properly yet you believe in efficient markets?


On Nov 06 07:33 AM Steve in Greensboro wrote:

> Yes, I do believe in market efficiency, absent government interference.
> There was a bubble in equities and real estate which burst in 2007-2008.
> The bubble was created by the Greenspan Fed holding interest rates
> too low for too long. Money supply manipulation by the government
> creates market signals which confuse (and are intended to confuse)
> market participants. The blow-up in CDS is one of the many disastrous
> results caused by monetary inflation by the Greenspan Fed. And Bernanke
> is Greenspan only moreso.

10.2%

Lets review.

GWB and the "free market" privateers ran wild for 8 years and drove the economy off a cliff. Regulation gutted, budgets that were balanced turned into trillion dollar deficits.

9 months later it's all Obama's fault. And those that profited the most from the 8 years of BS whine the loudest.

The Republican party is truly BIG, Bigots, Ignorance and Greed.

Yes, The TARP Is Leaking

What nonsense you RWers peddle. The cost of labor in an auto is only about 10%. The Big (sic) 3 made shitty design decisions and shitty decisions to offer overly generous long term benefits and then didn't accrue for them.

And funny how the top deck at GM or Ford makes many, many multiples of the salary of the top deck at Toyota.

Couple that with socialized health care in Japan and they've got a superior product at a lower cost. C'est la vie.

It's not the US gov'ts fault the Big 3 suck. Maybe we should have just let them go, but the PBGC liability and the cost of unemployment are also real. Can't just point at one side of the ledger.

The Myth of Uncorrelated Return

Aint it the truth.

People pushing a rigid plan either have a monetary reason or are simply ideologues. Brokers need you to play and trickle down purveyors are just politicians.

World Series of Crude Oil: Winner Decides Winter Gasoline Prices

bit of nonsense:

"Oct-Nov-Dec time frame while gasoline stocks are RAMPED UP in the Oct-Nov-Dec time frame."

In the real world of refining, gasoline stocks build in winter because refiners run to heating oil (diesel) demand) and gasoline overproduction is stocked for spring shutdowns. A refinery is not some magic black box that produces whatever you want in any ratio. There are limits to how much production can be shifted from max gasoline mode to max mid distillate mode.

The year end inventory game is also overblown. They de-stock to 12/31 and then buy it back in Jan to get to comfortable operating levels. No real net change in stocks.

Financial Regulators Will Need a Very Solid Case to Sink Galleon's Founder

He's already sunk. The only question is will he get jail time or how large his fine might be.

Losing $3.7 billion under management @2% is $750 million/year in fees. Not to mention reputation hit, difficulty keeping licenses etc.

Mr. Harr -- can you provide a cite? My reading of the regs says simply trading with insider information is illegal. The fine may be limited to profits, but the action is still criminal.

SunPower Gives Optimistic Outlook for 2010, Plans to Launch Gen 3 Cell

Just because you don't understand a price movement doesn't mean there is manipulation.

Perhaps someone with a large position simply doesn't agree with your enthusiasm and liquidated?

Betting on Natural Gas, Part II: Investing Ideas

CNG for transportation would be a major structural mistake for the USA. While we do have quite a bit of gas, shifting a large portion of autos to CNG means driving heating bills through the roof for much of America when supplies get tight. Just compare the amount of total energy coming from gas to the amount heading into the personal transportation market and apply Econ 101.

www.eia.doe.gov/emeu/a...

Cut out the middle step. Just go straight to electric cars such that we get transportation from the cheapest electrical supply be it wind, coal or whatever. And use less. That's the quickest way to cut cost and imports.

This current gas glut is similar to those in past decades. Drilling will fade a bit, the rapid decline in gas production will then bring us into balance generating the next price wave up. Playing futures or ETFs is ridiculous for the average investor. You simply don't have the same level of information to compete with Morgan Stanley or GS in the futures market. Better to buy their stocks than to just hand them money in futures.

Energy ETFs on futures get killed on the month to month rolls. Executing those rolls without getting a big haircut is a nightmare -- and I've watched it being done from 3 feet away back when these funds were tiny compared to what they have to deal with now.

Chesapeake has balance sheet problems. Way too leverage. Buy a better company if you just must speculate on NG.

First-Time Home Buyer Tax Credit Fraud Called 'Disturbing?'

Nothing like a bunch of overblown calculations to get the RW turds to float to the top to bitch and moan.

"Let's stop there... we were told that this wonderful credit only added about 350,000 additional sales... i.e. people who would of not bought a home if not for the credit."

so this means the tax credit or a tax cut, usually the Holy Grail of RW turdliness is evul? Oh my, finally some sense.

$15 billion at $8000/pop is just under 2 million transactions. That's the smallest number of transactions. Who really believes that the other 1.6 million transactions would have taken place from first time buyers in the middle of the worst recession in 80 years?

Yes, prosecute the fraud, but at 2-5%, this is not an atypical amount of fraud in the world. And lets see just how much really stays lost after enforcement before we p-- our pants.

Anyone Still Think Russia Will Cooperate with OPEC?

Russia is no different than Iran or Venz or Nigeria in this calculation. They all need all the revenue so they produce as much as they can until the Saudis open the taps and hose them on price.

As long as WTI is $70+, and their own production remains high the Saudis will do nothing. No one else in OPEC matters squat.