Barron's Plan to Save the Economy - For Just $200B? [View article]
At least Barron's Plan is 15 times cheaper than the 3 Trillion Dollar Plan being consider by the tax evading Treasury Secretary.
On Feb 17 11:55 AM jhaus wrote:
> Ex the moral-hazard issue, this plan would work. However, there is > another, equally effective way which solves a large portion of this > moral hazard... > > Rather than subsidize mortgages taken on by subprime borrowers, incentivize > investors to purchase these homes through an expanded rent subsidy > program which will keep the current owners in the homes, but will > guarantee a portion of the rental income stream to keep the investors > and banks solvent. > > Here's the better plan to save the economy: > www.nnnrent.com/2008/1.../
Einhorn is the problem not ALD. ALD has been paying dividends since before the professional poker player was born ( I think he the boy wonder is under 45 ) Einhorn doesn't understand paying out 8% after receiving 12% for business loans is a winner especially if the business loans are somewhat protected. I understand a good poker player gambler must be a great lier and Einhorn's book supports his continued short attacks on Allied Capital. Don't trust him .... REMEMBER NEW CENTURY !
Pickens wants his wind and natural gas investments to go up. Having lived in Tehachapi I can tell you wind won't be the answer the industry will die tomorrow without tax incentives. As for natural gas the public won't allow LNG ports much the same way they fight offshore drilling and ANWAR. In California the liberal politically correct Democrats are getting exactly what they voted for high gas prices and green B.S..
Eihnhorn being a big poker player is a known lier , he has to be to be a great poker player. Didn't he get whacked in the middle of a subprime financial company ? Wasn't he insisting what a great company that was as its share price dived to the cellar ? Can you really trust a stock manipulator and a professional lier who bluffs his opponents out their money ?
Book Review: David Einhorn's 'Fooling Some of the People All of the Time' [View article]
David Einhorn has a long history of driving good companies into the ground. Allied Capital has been paying dividends since before the shortselling poker gambler boy wonder was born. What his book should advocate for is the elimination of all shortselling and naked shortselling that leads to unfair stock price manipulations. How can this author believe a gambler who makes his living by lieing in cards and stocks ? Even the ACAS CEO said ALD was an above board company. Who are you going to believe a professional lier or a company paying divdends since the 1950's ?
Top 10 Stocks Trading Below Net Current Asset Value [View article]
FRPT is a relatively new (MRAP producing) company that once hitting the NASDAQ should have hired competent accountants but the prior management didn't and we stockholders have seen the PPS drop from $30+ to $3. Part of that was due to DoD's awarding contracts to poorly made competitors' products. FRPT trucks are a key to victory in Iraq/Afghanistan , especially if the "Cheetah" gets major contracts from DoD,Brits,Iraqis,Canad... and other allies of the U.S.. FRPT has a sole source on the "Buffalo" and its "Cougar" vehicles have never had a death in over 2,000 IED/EFP explosions in the war zone.
Force Protection: Classic Example of Defense Boom/Bust [View article]
The bottom line is FRPT trucks protect the lives of the soldiers inside them over 99.99% of the time and are battle tested by over 3,000 IED's/EFP's in theatre surpassing all competitors. FRPT vehicles survive bombs over 500 pounds whereas the government's testing standards were for 30-50 pound bombs which in my book allowed Navistar/Bae products to pass and permitted thousands of inferior trucks to be purchased. Sooner or later Congress will realize this and DoD will be forced to buy quality FRPT products. In the interim FRPT has contracts with other countries through the end of this year and besides the Cheetah's potential in Afghanistan FRPT is looking at DoD rebuilds. In my opinion FRPT has the potential to reach $31+ in a John McCain Administration. Patience pays. (Long 12,000+ FRPT shares)
Wells Fargo's Huge Writeoff - The WaMu Angle [View article]
GREENBERG IS KNOWN TO FRONT FOR SHORT SELLING HEDGEFUNDS LIKE GREENLIGHT WHERE DAVID EINHORN JOINED WITH GREENBERG TO BASH ALLIED CAPITAL. CRAMER IS A FRIEND OF GREENBERG.
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Latest comments | Highest ratedForce Protection, Inc., Q4 2008 Earnings Call Transcript [View article]
Barron's Plan to Save the Economy - For Just $200B? [View article]
On Feb 17 11:55 AM jhaus wrote:
> Ex the moral-hazard issue, this plan would work. However, there is
> another, equally effective way which solves a large portion of this
> moral hazard...
>
> Rather than subsidize mortgages taken on by subprime borrowers, incentivize
> investors to purchase these homes through an expanded rent subsidy
> program which will keep the current owners in the homes, but will
> guarantee a portion of the rental income stream to keep the investors
> and banks solvent.
>
> Here's the better plan to save the economy:
> www.nnnrent.com/2008/1.../
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Book Review: David Einhorn's 'Fooling Some of the People All of the Time' [View article]
Top 10 Stocks Trading Below Net Current Asset Value [View article]
Systemic Weekend Reading [View article]
Force Protection: Classic Example of Defense Boom/Bust [View article]
Wells Fargo's Huge Writeoff - The WaMu Angle [View article]
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