Ulysses Benjamin Dover

Buffett's BNI Purchase: Bearish Bet on the Economy?

Going very overlooked I think is that Buffet said this investment is for 10,20 and 30 years out. In the short run, BNSF provides cash flow and an opportunity to make money on rising commodity prices due to supply and demand imbalances that will develop with any recovery however weak, and due to the likelihood we will continue to export coal, all without owning commodities, ala pipelines, over time.

As for permabears, they've been right for a decade, it's unlikely they will not be right awhile longer despite bear market rallies. JMHO.

Ben Dover
RealWisconsinNews.com

The Great Depression II

That is a very good analysis. I especially like that you point out that financial sector wages skyrocketed while their educations didn't. At least we know where all the flunkies are. Lay off of Reagan though, he didn't know he was a screw up being used by neo-con plotters, so you can't blame him for it.

4 Dairy Stocks To Watch

Danon, now that it no longer trades as an ADR, and with milk prices down, is at an attractive price to make 50-100% over a year or two. Farmers are killing parts of their herds due to the last two years low prices on milk. Beef is in surplus short term, probably through the 2009 holidays. Milk and milk based products will start jumping in price around the holidays. The time to look at Danon is now.

Bankslaughter

Ummm, you have no idea what you are talking about, butt you are funny in a pathetic sort of way. Listen up, when the first CDS were conjured up for real estate they deliberately left out the possibility that real estate could drop in price. Why? Because the models did not work when real estate went down in price. So, they left it out and played dumb while they took their mil, errr excuse me, billions. Wake up, save a citizen.


On Jul 09 05:21 PM klarsolo wrote:

> I know all you guys want somebody to hang for what happened. However,
> a nationwide house price decline of such epic proportions in such
> a short time period was unprecedented. Many of these toxic products
> were build on a data history of several decades. Had the history
> been reasonably stable going forward, we wouldn't have had any of
> these issues. So does this make every banker criminally liable just
> because he dared to rely on a 50 year return statistic?
>
> No, I'm not saying all bankers are off the hook. Some were criminals
> and they should be punished accordingly. But would you also want
> the death penalty for doctors who prescribe you medicine that worked
> reasonably well for the last 50 years, but then all of a sudden started
> killing people off left and right?

Bankslaughter

yeah, because the threat of litigation put a dead stop on unscrupulous lending and bankster and broker skimming via over the top fees and bonuses. Come on people, the market is always efficient, we don't need no oversights.


On Jul 07 02:19 PM Poor Texan wrote:

> Just what we need. More opportunities for lawyers to shake down companies.

Bankslaughter

not bad ideas, except for balanced budget amendment. Geez man, we're all dead in the long run. If our grandkids or great grandkids or great great grandkids are as smart as us they'll just pass the buck too.


On Jul 09 03:33 PM Jason Rines (iThinkBig) wrote:

> How about this:
>
> 1) Return to Glass-Steagall (separation of commercial from investment
> banks)
> 2) Constitutional Amendment on a balanced budget (can't spend what
> the US government doesn't have)
> 3) End Central Banking model (yank political cover to spend money
> we don't have)
> 4) No investing in stock market while running for office, while in
> office and four years afterward including family members (ends legislating
> into thy own pocket)
> 5) No lobbying of any kind (do I need to explain?)
> 6) Two term limits for House of Reps (this worked for the Roman Empire
> when they became totally corrupted, besides Founders lived at a time
> when people lived to 60 on average, not 85 like today).
> 7) Issue greenbacks that are anchored to silver, nickel, steel or
> whatever metal is in abundance and is traded globally as a commodity.
>
> 8) Private citizens watchdog groups to review financial innovation
> and the power to warn the public, the watchdogs are nominated by
> the people by State.
> 9) General elections and max donations to politicians by company
> or individual $100 and only if US citizen (fixes broken electoral
> process and pay to play system)
> 10) No executive exemptions from the law for politicians, no exceptions.
>
>
> There is ample evidence of direct fraud by politicians and banksters.
> These should be prosecuted. New regulation not required outside of
> the above 1-10 list. The list seems like 'wish' list but I will say
> that the US will do such when we are 5 feet from the bottom of the
> cliff (we have fallen 10 feet and the bottom is still 40 more feet
> down).

Natural Gas ETF: Nowhere to Go but Up, Yet It Keeps Going Down

What could be bad about creating massive speculation in a market that has ever only had some speculation? The more the better. What could possibly go wrong? I say create contracts for 4x the actual amount of natural gas out there and see what the market does with that. Spikes and troughs are cool. Let's see how low and how and how low and how high we can go. Weeeeeee.


On Jul 09 04:51 PM pintelho wrote:

> Elephant in the room here.
>
> So...forget the fundies of nat gas....isn't it crazy that someone
> can keep printing futures contracts for an entity to buy that has
> an open intention NOT to take delivery of those contracts?
>
> Isn't this bad? Kind of like sub-prime bad?
>
> It's exactly the same thing. Securitization of commodities, then
> selling those securities to an insatiable entity that is open about
> it NOT TAKING DELIVERY...
>
> This is dilutive to both the futures contracts themselves...and of
> course if you are holding UNG shares...and they have to keep making
> more shares...your shares are being diluted too.
>
> Isn't this illegal? If not why not?
>
> UNG holders are nothing but rubes...you aren't holding an asset that
> will appreciate any time soon even if fundies improve.

Prometheus Institute: Renewables Likely to Represent 90% of New Capacity by 2012

You guys are right. We should just give up trying to produce our own energy and keep buying from overseas. It's worked so far. It couldn't eventually help destroy the value of the dollar and cause near hyper inflation to just leave things as they are.

Exact Sciences Plays Hard to Get with Sequenom

I'm not sure about this all. The Oppenheimer guy and Lazard guy sure seem to have credentials. Let's check them out.

Lazard Small-Mid -34%
Oppenheimer wow, a lot of funds that got crushed, down 30-40%.

Hmmm, to listen to mutual fund analysts or not. That's not really a tough one is it?

Havrilla seems to sort of have it here imo.

One other thing to consider is that SQNM is very heavily shorted. There might just be a good reason.

Updated FDA Decision Calendar: Five Decisions Before Year-End

Mikey, once again your analysis is faulty. Like Feuerstein you miss the central issue of what Polyheme is. It is NOT supposed to be a substitute for blood when blood is available (not this version anyway, butt someday), it is for when somebody is bleeding out and there is no blood available. There is a substantial need for such a product, hence why the FDA walked this product through a controversial clinical trial and now has granted fast track. To boot, the military wants this product.

The important data is NOT a direct comparison of how Polyheme compares to blood as a substitute for blood, but how close to being like blood for when there is a need for blood but no blood is available. In the prior study it was found that people who were going to die from bleeding out, had about a 70% survival rate with minimal adverse events v. getting saline. It really is simple deductive reasoning that if I am going to die from bleeding out because we can't get me a transfusion in short order and am offered a 70% chance at survival using Polyheme, I'm using the Polyheme.

This product will receive a limited approval, the stock will rise and the company will be bought by a large well funded company that can develop and market the product further. Of course, part of that deal will be Dr. Gould to get a great paying job, but that's fine, we'll see a price north of $6 (extrapolate near term profit potential just on U.S. remote location trauma usage) in 2009.

Shopping for Profits: Try the Retail Aisle

More great picks from Mr. Corn. What a joker.

Obama's Green Obsession: More Harm Than Good?

While we would agree with the "ignorant politicians" statement, it appears to us those that disparage building out alternative energy are equally ignorant. Given that oil reserves are roughly flat or declining, natural gas will be there this half the century and coal hasn't achieved clean status yet, it would seem that seeding alternative energy given it's scientific advances makes much long term sense with a short term stimulus to employment. While we respectfully understand the economists points, we humbly disagree with some of the factual assumptions and think the "Austrian" school needs some detention time given their role once again in a major international financial crisis.

American Equity Investment: Sound Financial Standing, Tremendous Growth

AEL at time of article: $13.26
AEL 7-13-08: $7.90

Great pick!!!

The Euro Under Attack

The Euro is doomed! Politicians don't understand economics and worry more about votes than the wealth of their nations. If Italy wanted to grow, it would lower corporate taxes. If Spain wanted to avoid the type of problems related to real estate the U.S. has they'd offer loan programs to buyers. If France wanted higher growth, they'd work fulltime. But, we know in the U.S. those things aren't as cool as going deep into debt and deferring our debts to our great-grandkids, so as an Econ prof lectured us in 1991, the Euro will never survive because politicians will always be politicians and ignorant people will always be ignorant people.

American Equity Investment: Sound Financial Standing, Tremendous Growth

Just wanted to point out...

Backlash Hits
Annuities Tied
To Stock Market
Wave of Lawsuits Take Aim
At Sales Practices, Suitability
Of Equity-Indexed Products
By KELLY GREENE
August 8, 2007; Page D1

Equity-indexed annuities are among the hottest products sold through seminars, infomercials and free-dinner events that target older adults with investment pitches. Now, insurers that sell them are facing growing legal claims from investors and state regulators who allege that the companies or their agents are using deceptive marketing or targeting consumers who are too old to benefit from the products.

FAIR WARNING
Equity-indexed annuities can be complex. Here's what to consider:
• Make sure you understand how gains will be calculated.
• Check for hidden penalties for early withdrawals.
• These annuities may not be suitable for older adults because funds may be locked up for several years.In the biggest such case, the Eighth U.S. Circuit Court of Appeals in St. Louis last month upheld the class-action status of a lawsuit that covers more than 400,000 investors who bought equity-indexed annuities from Allianz Life Insurance Co. of North America, a unit of Munich-based Allianz SE and the top seller of this type of annuity in the U.S. More than a dozen federal lawsuits against a number of insurers also are seeking class-action status in courts across the country. Meanwhile, attorneys general and regulators in Illinois, Minnesota and California are pursuing claims against insurers selling the products.

"Equity-indexed annuities have emerged as the vehicle of choice for unscrupulous insurance agents," says Roxanne Rehm, assistant general counsel for the Florida Department of Financial Services. Older investors, she contends, "don't realize they're long-term investments, and once they realize they can't access the funds, it's usually too late."

For more go to WSJ...

Also, see here in Seattle:
seattletimes.nwsource....

Also, a little history re AEL:

www.consumeraffairs.co...

www.sbd-law.com/CM/Pub...

clearly there's a lot more for anybody who knows how to use Google searches well. Mr. Corn, please do your research next time.

U. Ben Dover