A Doo Bee's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/60100/comments http://seekingalpha.com/article/104403-cramer-s-stop-trading-what-s-good-for-general-motors-11-5-08?source=feed#comment-299187 299187
Take American tax dollars and put them to work buying houses for immigrants.

Doesn't Cramer know the only reason the immigrants come is to make some money, build a bankroll, build a house in Guatemala and return there to live like kings?

I don't mind, because they work hard while they are here and provide a ready supply of unskilled labor. Is it Cramer's intention to make them dependent on the state just like the rest of America's poor?

(me thinks Cramer is looking for a place in Obama's Cabinet)

]]> Thu, 06 Nov 2008 06:57:36 -0500
Take American tax dollars and put them to work buying houses for immigrants.

Doesn't Cramer know the only reason the immigrants come is to make some money, build a bankroll, build a house in Guatemala and return there to live like kings?

I don't mind, because they work hard while they are here and provide a ready supply of unskilled labor. Is it Cramer's intention to make them dependent on the state just like the rest of America's poor?

(me thinks Cramer is looking for a place in Obama's Cabinet)

]]> http://seekingalpha.com/article/94035-general-motors-the-next-delisting-from-the-dow?source=feed#comment-246091 246091
American consumers began to change. They were more sophisticated and were more apt to choose a brand for its value than because their father chose that brand 50 years ago. This occured in the latter part of the 1960s but didn't really show itself until the jump in oil prices in the 1970s, when smaller imported cars had more percieved value because of their greater fuel economy.

Unfortunately, the monopoly mindset is not easy to change. Having worked for AT&T supporting General Motors, I was agast at the similarity of their management styles. The multiple levels of management with each inhibited to make dcisions without checking the level above; the inability of a person at one management level to consult with someone of another management level; the inabilit to bring on new projects that would save costs becasue the bean counters needed to examine every particle of dust on the contract - this was maddening.

AT&T was only able to start turning the corner after it hit bottom and was purchased by SBC. When will GM find its bottom? When will the UAW realize that it has killed the goose that laid the golden egg?

Perhaps we should allow all three US manufacturers to declare bankruptcy at the same time. This would allow each to redefine itself separately from its past, renegotiate onerous labor contracts and give them the bottom they truly need. Then they can develop a 12 step plan to lead themselves off the bottom.

Will they all climb out of this morass? Probably not. There is good evidence that a consolidation is necessary. Will Toyota buy Chrysler for the Jeep and Dodge Truck brands? Will Tata come in and buy Ford or GM? The answer is probably closer at hand than we would like to believe.

The days of the US auto maker are over. Those that survive will be those who treat the US market similarly to the international market. Should we be sad? No. What doesn't kill us makes us stronger - but sometimes we get killed.]]> Fri, 05 Sep 2008 09:06:20 -0400
American consumers began to change. They were more sophisticated and were more apt to choose a brand for its value than because their father chose that brand 50 years ago. This occured in the latter part of the 1960s but didn't really show itself until the jump in oil prices in the 1970s, when smaller imported cars had more percieved value because of their greater fuel economy.

Unfortunately, the monopoly mindset is not easy to change. Having worked for AT&T supporting General Motors, I was agast at the similarity of their management styles. The multiple levels of management with each inhibited to make dcisions without checking the level above; the inability of a person at one management level to consult with someone of another management level; the inabilit to bring on new projects that would save costs becasue the bean counters needed to examine every particle of dust on the contract - this was maddening.

AT&T was only able to start turning the corner after it hit bottom and was purchased by SBC. When will GM find its bottom? When will the UAW realize that it has killed the goose that laid the golden egg?

Perhaps we should allow all three US manufacturers to declare bankruptcy at the same time. This would allow each to redefine itself separately from its past, renegotiate onerous labor contracts and give them the bottom they truly need. Then they can develop a 12 step plan to lead themselves off the bottom.

Will they all climb out of this morass? Probably not. There is good evidence that a consolidation is necessary. Will Toyota buy Chrysler for the Jeep and Dodge Truck brands? Will Tata come in and buy Ford or GM? The answer is probably closer at hand than we would like to believe.

The days of the US auto maker are over. Those that survive will be those who treat the US market similarly to the international market. Should we be sad? No. What doesn't kill us makes us stronger - but sometimes we get killed.]]> http://seekingalpha.com/article/66819-homeowners-feel-the-pain-of-over-improvement-syndrome?source=feed#comment-121852 121852
If I follow your reasoning, during a downturn people prefer to buy previously owned homes with Formica rather than granite. This is not true. While they might not want to pay as much of a premium for it as they once did, they will still choose the more luxurious home than the one next door with "builder's quality" finishes.

Smart flippers are having a field day purchasing distressed homes, repairing, remodeling and selling. The market is slow but it isn't dead.

I produce concrete countertops which are a notch above granite. Those with money are still spending. Those who were foolish are doomed to begin spending again when the housing downturn completes its cycle later this year. ]]> Tue, 04 Mar 2008 08:26:57 -0500
If I follow your reasoning, during a downturn people prefer to buy previously owned homes with Formica rather than granite. This is not true. While they might not want to pay as much of a premium for it as they once did, they will still choose the more luxurious home than the one next door with "builder's quality" finishes.

Smart flippers are having a field day purchasing distressed homes, repairing, remodeling and selling. The market is slow but it isn't dead.

I produce concrete countertops which are a notch above granite. Those with money are still spending. Those who were foolish are doomed to begin spending again when the housing downturn completes its cycle later this year. ]]> http://seekingalpha.com/article/28910-is-the-collapsing-credit-bubble-contagious?source=feed#comment-82148 82148 Wed, 07 Mar 2007 09:51:24 -0500 http://seekingalpha.com/article/23218-novastar-financial-should-profit-from-falling-rates-in-2h07?source=feed#comment-82147 82147 Wed, 07 Mar 2007 09:11:47 -0500