deano

13 Comments

    • Can Hank Paulson Lead? [view article]
      "This sounds very much like "something must be done, this is something, so support me in doing it". It's a risky tack to take, especially in an election year when politicians like to show themselves to be leaders, rather than the followers of unelected officials whose policies to date have clearly failed."

      I guess it is risky. When an ex-CEO of one of the financial institutions responsible for this mess says he wants unlimited power to fix things (and help out his buddies), the whole country ought to be saying "WAIT!!". Maybe he knows how to do things, but how much can you trust him? Congress has every right and responsibility to ask for controls/safeguards over what we the taxpayer will end up paying for. Just because these two Bush Administration's minions pull a Chicken Little act doesn't mean we have to do something stupid.       Sep 23 11:03 AM
    • The Latest Changes to SeekingAlpha.com [view article]
      Sorry about the multiple comments, but I am now getting into your changes. I like the general format, but am confused by the two sub-tabs under The Big Picture, Latest Articles & Today's Articles, along with the market segment breakdowns of Market Outlook and Today's Outlook. There seems to be some room for consolidation there. Other than that, I like the new breakdowns. Sep 11 10:33 AM
    • The Latest Changes to SeekingAlpha.com [view article]
      I support Johnson with "The Macro View" or even "The Overall Market" instead of The Big Picture. Since I have been gone for a couple of weeks, I haven't had time to review your whole site for the changes, but will today. I don't like to see dissention between two sites I use for investment information and would like to see this issue resolved to everyone's satisfaction. Sep 11 10:13 AM
    • The Latest Changes to SeekingAlpha.com [view article]
      The reputation of the person having a blog has a lot to do with the blog's name. Betty Nobody might have a blog called The Big Picture, but she doesn't have the reputation of Barry Ritholtz and I don't have any interest in reading her comments. I have quit watching Cramer, the CNBC talking heads show and many others because they are all about sensationalism and TV draw, not about providing good usable info. I see the TV financial shows have him on for comments, which means he is a respected financial analyst and deserves the right to protest the use of his blog name, whether it is patented or not. I fully support him. Sep 11 10:01 AM
    • Economic Recession, Consumer Depression [view article]
      I don't think consumer confidence/depression is that hard to understand if you look at the picture beyond just the data, charts, etc. that have been documented to define the "economic situation". People are down for a lot of reasons, some of which only indirectly have some effect on the "economy":
      - Total distrust in our elected politicians
      - A war that goes on and on
      - A deficit that is becoming enormous
      - A country that is slipping in its values with each new generation
      - A country that is no longer respected by most of the rest of the world
      - Countries that appear to be poised to push the U.S. out of its leadership position in the world
      - A negative savings rate in this country
      - A lack of knowledge by the average investor in what to do to prepare for retirement
      - Federal retirement programs that are totally unfunded
      - Disappearing retirement programs from companies
      - A dollar that is slipping into a black hole in value
      - Home values that are dropping like a rock
      - Mortgages that are upside down to the home values
      - Medical costs that are sky-rocketing
      - Educations programs that continue to get worse
      - A country infrastructure that is falling apart
      - A president that acted like he was a king and trampled on the constitution
      - A gap between the upper and middle class that has been accelerating
      - A financial world that is running out of control, demonstrated by the risky investment tools that keep appearing
      - Jobs disappearing overseas
      - Illegal immigration that is out of control and politicians who don't want to do anything about it
      - Food and other imports with real safety and health problems that are coming through a network of inspections that is full of holes
      - An automobile industry that appears to be disappearing and hasn't done anything to meet future requirements
      - A total lack of a comprehensive energy bill or any organized strategy to get us off our dependence of oil

      I know there are other things that citizens of this country are worried about that I haven't listed. I think you could take everything on this list back to some impact on the "economy", but if it isn't directly on the list of what the financial world uses to define "the economy", the talking heads in that world can only scratch their heads and say "What is everyone worried about? The economy is in fine shape." Do any of them really understand the big picture?
      Jul 29 02:08 PM
    • Commodities Prices: Speculation Exposed [view article]
      And the House just agreed to sue OPEC. Does that make it any clearer how stupid and how much pandering our elected officials will resort to when trying to solidify jobs with big money when they are voted out of office? May 21 06:17 PM
    • Executive Compensation: Common Sense, Not Politics [view article]
      If nothing else, the committee's review put some light on this problem, even though they have no power over it. The statement that the investor doesn't have to buy the stock is ludicrous. Some people have had stock for years and now you are telling them to just walk away. The compensation committees in these companies are just scratching the CEO's back, since they are all from the same mold. Mar 09 01:33 PM
    • A Rational Consumer = Bad News for the U.S. Economy [view article]
      You are the first financial pundit I have heard/read that actually makes sense. In a country where there is a negative savings rate, we are cheering the consumer on to spend more. The wealthy (investors) getting wealthier on the backs of the middle class (consumer). Jan 18 09:36 AM
    • Inflationary Data Makes Clear Why Fed Only Cut 25 Points [view article]
      This really demonstrates why the biggest mouths in analyzing the market, really don't have any idea what they are talking about. It would really help to have someone who had a balanced view of what is going on. Dec 14 10:43 PM
    • Inflation Surges; Retail Sales Beat Expectations [view article]
      Again, the crying and moaning about the under-performance by the Fed, was all rhetoric, since the Fed had reason to worry about inflation. Dec 13 10:22 PM
    • Sector Relative Strength: Financials, Consumer Discretionary Underperforming [view article]
      So it sounds like the point you are making is that no matter what the Fed did with the rate, it made no significant difference in the various sectors. What then, pray tell, was the cause for all this crying and moaning by the market "experts" about how the Fed should have made more of a reduction?? Dec 13 10:18 PM
    • Homes vs. Offices [view article]
      Sure, your tongue-in-cheek solution might work until the residential dwellers surrounding those homes-to-businesses got wind of it and then the "not in my neighborhood" syndrom would take over. Jul 06 10:06 AM
    • Housing Slump Continues: Are Economists Ready For Reality? [view article]
      Regarding your comment about the truck driver and his being upside down on his condo: When did we start feeling sorry for human beings for being stupid when getting into shaky financial deals? The subprime market wouldn't even exist if people would use their heads instead of emotions when getting into bad deals. Jun 12 10:08 AM
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»