alibeamish's Comments alibeamish's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/624755/comments "The Fed has the authority to buy foreign government debt," said Ben Bernanke in 2002. "Potentially, this class of asset offers huge scope for Fed operations." With the ECB's hands apparently tied as the eurozone crisis threatens to spiral out of control, has the time come for the Chairman to step in? "The Fed needs to buy up every single European bond owned by every single American financial institution for cash," says Brad DeLong. http://seekingalpha.com/currents/post/102698?source=feed#comment-2066007 2066007 Sun, 27 Nov 2011 21:45:55 -0500 Also heavily exposed to Italian sovereign debt: Likely GE, writes Bruce Krasting, who breaks down the financing of a typical government infrastructure project and is left with the conclusion the company likely owns plenty of Italy's paper. High interest rates squeezing business, possible haircuts on debt, and GE's leveraged balance sheet could make for an ugly mix. http://seekingalpha.com/currents/post/100876?source=feed#comment-2035091 2035091 Sat, 12 Nov 2011 16:15:11 -0500 Wells Fargo (WFC) sues JPMorgan (JPM), seeking to force the bank to buy back more than 800 punk mortgages it sold. "The loans have been plagued by an alarming rate of defaults and foreclosures." It appears the maxim about Piranhas in a tank not eating each other isn't true. http://seekingalpha.com/currents/post/91766?source=feed#comment-1910174 1910174 The average price in Darwin or Sydney is over $500,000. That is maybe 1.5 million to pay back, seems alot for the average borrower.]]> Thu, 15 Sep 2011 17:16:27 -0400 The average price in Darwin or Sydney is over $500,000. That is maybe 1.5 million to pay back, seems alot for the average borrower.]]> Housing Insight From Home Builders http://seekingalpha.com/article/288177/comments?source=feed#comment-1843935 1843935 also got a big handout from Dems
welfare beneficiaries ]]> Thu, 18 Aug 2011 22:03:15 -0400 also got a big handout from Dems
welfare beneficiaries ]]> 7 Smart Ways Obama Can Start Fixing the Job Market Now http://seekingalpha.com/article/288291/comments?source=feed#comment-1843926 1843926 a reputation is easily lost and hard to regain
sorry]]> Thu, 18 Aug 2011 21:58:50 -0400 a reputation is easily lost and hard to regain
sorry]]> Was Wells Fargo Joking When It Said Gold Is in a Bubble? http://seekingalpha.com/article/288202/comments?source=feed#comment-1843922 1843922 BHO
who will vote for obama?]]> Thu, 18 Aug 2011 21:56:44 -0400 BHO
who will vote for obama?]]> Matt Taibbi vs. the SEC http://seekingalpha.com/article/288353/comments?source=feed#comment-1843912 1843912 what can we do?
maybe buy a copy of Rolling stone and give it to someone
or buy them a subscription]]> Thu, 18 Aug 2011 21:54:30 -0400 what can we do?
maybe buy a copy of Rolling stone and give it to someone
or buy them a subscription]]> Economists Refuse to Recognize the New Great Depression http://seekingalpha.com/article/288208/comments?source=feed#comment-1843898 1843898 Steve Keen in Australia
Roubini
and other commentators in the US]]> Thu, 18 Aug 2011 21:47:06 -0400 Steve Keen in Australia
Roubini
and other commentators in the US]]> The NY Fed's Bill Dudley takes down a notch his expectations for U.S. growth, realizing there was more to the H1 slowdown than temporary factors like high oil prices and the Japan earthquake. Dudley is a key supporter, even architect of the Fed's QE, and his words may offer a window into the thinking of the Chairman. http://seekingalpha.com/currents/post/87744?source=feed#comment-1843892 1843892 What do you think?]]> Thu, 18 Aug 2011 21:41:00 -0400 What do you think?]]> S&P, which said earlier this month that state and local governments could retain AAA ratings even after it cut the U.S. to AA+, now says reductions in federal spending could lead to downgrades of municipal bonds. Ratings changes would come based on “differing levels of reliance on federal funding, and varying management capabilities." http://seekingalpha.com/currents/post/87881?source=feed#comment-1843887 1843887 Now faced with a bigger bill they cry foul.]]> Thu, 18 Aug 2011 21:39:08 -0400 Now faced with a bigger bill they cry foul.]]> What went wrong with the global recovery that was widely expected as recently as six months ago? FT's Gavyn Davies blames the surprising extent of government belt-tightening in the short-term while failing to address long-term sustainability problems - "precisely the wrong way around" - and given the political mood in the U.S. and Europe, it's not likely to change. http://seekingalpha.com/currents/post/87893?source=feed#comment-1843883 1843883 by whom?]]> Thu, 18 Aug 2011 21:35:57 -0400 by whom?]]> In 2008 we experienced the failure of Lehman, AIG and the GSEs. Today we are witnessing sovereign nations on the brink of failure. In 2008 there was the palpable fear of bank runs. Today, it's a potential for currency runs. In 2008 there were government bailouts. Today there are central bank bailouts. But... this time everything's different, right? http://seekingalpha.com/currents/post/87894?source=feed#comment-1843881 1843881 other countries have more people working and use about 1/2 as much energy
maybe the US is just consuming]]> Thu, 18 Aug 2011 21:34:22 -0400 other countries have more people working and use about 1/2 as much energy
maybe the US is just consuming]]> Would It Really Matter If China Stopped Buying U.S. Bonds? http://seekingalpha.com/article/288016/comments?source=feed#comment-1840798 1840798 real analysis]]> Wed, 17 Aug 2011 20:27:39 -0400 real analysis]]> U.S. Rep. Barney Frank is asking the Fed to extend its examination of Capital One's (COF) purchase of ING Direct so Congress can hold hearings on the matter. “This proposed purchase would create the fifth-largest bank in the United States,” says Frank. “For this reason alone, care should be taken to thoroughly examine the impact of this purchase." COF -0.1% AH. http://seekingalpha.com/currents/post/87669?source=feed#comment-1840780 1840780 Happy with that?
going to bail them out again?]]> Wed, 17 Aug 2011 20:20:13 -0400 Happy with that?
going to bail them out again?]]> Dumb Political Talk Plus Bad News: Negative for the Market http://seekingalpha.com/article/288037/comments?source=feed#comment-1840773 1840773 who won't pay them back as Bachman etc have pledged them no tax rise
Everyone overseas pays more taxes and higher prices]]> Wed, 17 Aug 2011 20:17:50 -0400 who won't pay them back as Bachman etc have pledged them no tax rise
Everyone overseas pays more taxes and higher prices]]> Sen. Charles Grassley hears from the SEC whistleblower and accuses the agency of destroying documents related to "at least 9,000 informal investigations" involving major banks and hedge funds. Grassley has been in hot pursuit of SAC Capital, and if the SEC willingly destroyed docs exposing SAC criminality, Zero Hedge says it's "goodbye, Mary Schapiro." http://seekingalpha.com/currents/post/87658?source=feed#comment-1840748 1840748 Wed, 17 Aug 2011 20:02:11 -0400 Housing Still Flat but Manufacturing Is Picking Up http://seekingalpha.com/article/287779/comments?source=feed#comment-1838082 1838082 Tue, 16 Aug 2011 22:37:14 -0400 U.S. authorities have reportedly widened their inquiry into News Corp. (NWS) to determine whether they can find a broad pattern of misconduct despite not finding any hard evidence so far that company journalists hacked into the phones of 9/11 victims. http://seekingalpha.com/currents/post/87052?source=feed#comment-1832920 1832920 Sun, 14 Aug 2011 18:26:25 -0400 Market Plunge Leaves 3 Dow Stocks at Bargain Prices http://seekingalpha.com/article/286337/comments?source=feed#comment-1824153 1824153 Wed, 10 Aug 2011 17:27:40 -0400 Looking at Why the Banks Tanked http://seekingalpha.com/article/286477/comments?source=feed#comment-1824086 1824086 The NZ dollar fell from US $0.88 to $0.82 this week.

www.nzherald.co.nz/pol...]]> Wed, 10 Aug 2011 17:02:02 -0400 The NZ dollar fell from US $0.88 to $0.82 this week.

www.nzherald.co.nz/pol...]]> Peter Brandt's charts tell him that a 75% decline in the U.S. stock market is possible, citing a 13-year head-and-shoulders top in the Dow which he says has the potential to turn into something with much more ominous consequences. http://seekingalpha.com/currents/post/84833?source=feed#comment-1799379 1799379 Sun, 31 Jul 2011 17:29:19 -0400 "It is not the Fed's job to pave the yield curve with guaranteed returns for any sector ... we should not be guaranteeing a return for Wall Street," says outgoing KC Fed chief Hoenig before a House committee. Believing that nothing trades efficiently at a price of zero, Hoenig thinks the Fed should hike to about 1% and reevaluate. http://seekingalpha.com/currents/post/84099?source=feed#comment-1788308 1788308 Tue, 26 Jul 2011 16:22:02 -0400 If he departs, Jessica Pressler sees Goldman (GS) CEO Lloyd Blankfein's legacy as mixed. On one hand, "Blankfein will be remembered first for having seen the 142-year-old-firm through some of the most perilous months in its history." But he will also have "allowed Goldman Sachs to become a symbol of everything wrong with banks, corporations, even capitalism itself." http://seekingalpha.com/currents/post/83923?source=feed#comment-1786081 1786081 If these loans go bad they will be asking for another bail out.]]> Mon, 25 Jul 2011 17:45:44 -0400 If these loans go bad they will be asking for another bail out.]]> Why Nouriel Roubini Is Wrong on China's Economy http://seekingalpha.com/article/264398/comments?source=feed#comment-1602368 1602368 Reports say many empty apts and shopping centres]]> Wed, 20 Apr 2011 18:20:24 -0400 Reports say many empty apts and shopping centres]]> S&P's Semi-Downgrade of U.S. Sovereign Debt: Too Little, Too Late http://seekingalpha.com/article/264381/comments?source=feed#comment-1602348 1602348 Wed, 20 Apr 2011 18:13:11 -0400 The U.S. announces new rules requiring airlines to refund baggage fees when luggage is lost, and "prominently disclose" all potential ticket surcharges on their websites. Penalties are imposed for international flights that fail to get off the ground at U.S. airports within four hours of boarding. Airlines won't fight the rules, deciding to pick their fights carefully. http://seekingalpha.com/currents/post/74005?source=feed#comment-1602342 1602342 Wed, 20 Apr 2011 18:09:18 -0400 James Pethokoukis offers five reasons why S&P just guaranteed U.S. debt will lose its AAA rating. "By prodding Washington to agree on a debt plan, [S&P] might achieve just the opposite. Its dour take on Treasurys could inflame the debt ceiling debate, leaving little energy for a grand budget compromise." http://seekingalpha.com/currents/post/74019?source=feed#comment-1602336 1602336 The US is in denial and nowhere more than in DC.
And they are angry if someone notes the problem?]]> Wed, 20 Apr 2011 18:06:54 -0400 The US is in denial and nowhere more than in DC.
And they are angry if someone notes the problem?]]> Today's debt crisis news brought the perspective of the big picture, Buttonwood writes: "Daily headlines are almost irrelevant unless they bring us closer to discovering how the debt pile of the developed world will be eliminated in each country - by growth, inflation or default." http://seekingalpha.com/currents/post/73712?source=feed#comment-1598019 1598019 www.rollingstone.com/p...

both parties in on this]]> Mon, 18 Apr 2011 20:00:21 -0400 www.rollingstone.com/p...

both parties in on this]]> Some economists say investors might come to see the S&P warning in a positive light if it prods Congress to focus on delivering real deficit reduction. But as Democrats and Republicans both claim the S&P decision validates their respective policies, compromise might actually become more difficult. http://seekingalpha.com/currents/post/73715?source=feed#comment-1598017 1598017 Mon, 18 Apr 2011 19:57:23 -0400 AOL-HuffPost: All the News That's Fit to Merge http://seekingalpha.com/article/251257/comments?source=feed#comment-1456657 1456657 Plus alot of blogs which are just opinions and even mis-informed.
Huffpost is more like facebook than a news organization. Place for folks to chat with friends and reinforce their opinions. ]]> Tue, 08 Feb 2011 18:27:45 -0500 Plus alot of blogs which are just opinions and even mis-informed.
Huffpost is more like facebook than a news organization. Place for folks to chat with friends and reinforce their opinions. ]]>