jmmx

Cash for Clunkers May Cost Up to $45,354 Per Vehicle

When Bush gave a tax rebate you all applauded like crazy. Now when Obama does it - it is Socialism. Just like the Cap and trade. I believe that the Reagan admin started that with pollution controls and the Bushes followed through with the concept. Dems were skeptical at first but admitted that to some extent it worked.

But now - as soon as Obama want to use Cap and trade - the "conservatives" are all against it!

It just goes to show that the Republicans have no real point of view - they just want to criticize the Dems no matter what.

Just Nattering nabobs of negativism!

Cash for Clunkers May Cost Up to $45,354 Per Vehicle

this is the most absurd insane piece of logic I have ever seen!

The Govt pays 3,500 - 4,500 $ per care. Somewhere you lost a 0 - or added one in. But the logic is totally flawed.

It shows what happens when someone wants so badly to be negative that they loose all sense of reason. If you had been more critical of the WMD stupidity then you could have saved this country over 4,000 lives and more than $1 TRILLION!

LMAO

Who Is Really to Blame for the Deficit?

@ pftitti

You have quite a few good points here, but I do not agree with all.

I do agree that Ron Paul was dead right in opposing then Iraq invasion. That alone will have added over $1 Trillion to the national debt. However (and this is from someone who was vehemently opposed to the invasion long before it occurred) I do not think that it would have been either wise, nor fair to the Iraqi people, to have pulled out precipitously. I think that Obama has indeed kept his promise in pulling out in a responsible manner. The extra cost in staying another 6 months has produced a very much stronger and stable government there. While I admit that the ultimate outcome is not assured, I think that now it is much more likely to end favorably.

2-
Regarding Clinton, a lot of what you say is true, the Republican revolution did "inspire" the Dems to more fiscal responsibility. However, the Republicans adherence to fiscal conservatism never held during their own administrations.
It seems that whenever a Dem is elected president all the Repubs become born-again balance-the-budgeters. Whenever there is a Republican Pres, they are all for borrow-and-spend, borrow-and-spend.
(See: www.lafn.org/politics/... )

The problems (IMHO) began with the Reagan Voodoo economic theory that if you throw money at the rich then the rest of us will receive a few driblets from the table - the infamous trickle-down theory. The neo-conmen propaganda has resulted in several waves of disastrous deregulation mania. There was Reagan's S&L multi-billion dollar bailout, and now this. (Don't get me started on his "The Taliban are freedom fighters" insanity)

I think it is interesting to note that every time there is one of these crises takes place, that there is a great consolidation in the financial industry. (From the big banks pov, Reagan eliminated all those pesky little local banks.) This has led to incredible reduction of competition (supposedly the cornerstone of capitalism). So, in a perverse kind of way, the Republicans are fostering a kind of inverted Socialism where instead of the government regulating the industrial complex, the few big players in key industries have complete control over the consumer who gets less and less.

Like I say - in my poor misguided opinion.


On Jun 15 10:18 AM pftittl wrote:

> Excellent piece. I voted for Obama but he hasn't changed a thing.
> We're still fighting two wars we can't afford, and NO ONE other than
> Ron Paul in Congress is worth a bucket of warm spit. The reason Clinton
> was fiscally responsible was because the first Bush insisted on PAYGO
> in 1990 when he compromised with the Democrats and ensured he would
> be defeated for re-election by raising taxes. Clinton kept that and
> with decent economic growth and a break on the spendthrifts from
> both parties in Congress, we were paying down our government debt.

Looking at the Market and Three Tech Stocks - Dell, Apple and IBM

To the author

You do make a good point about what happens when the homeowners we bail out make a profit later on, based on OPM. Who wants to do that? Not me either.

But the answer is not so simple The question is:

- Do we want this person, and millions like him/her to have their homes foreclosed adding to the bank losses and further prolonging the recession? How much longer do you want to wait for your DELL or Apple or IBM shares to go up? How many more jobs do you want to see lost? Do you want to see YOUR OWN house continue to loose value?

So, sometimes it is necessary to do what we would rather not do in order to achieve a greater goal. Unfortunately, we appear to be between a rock and a hard place.

Looking at the Market and Three Tech Stocks - Dell, Apple and IBM

Good post! I gave you a thumbs up. I am glad to hear that there is a lot more to Dell than I realized. It seems you have some very laudable accomplishments.

I have to say, however, that I do see a danger for Dell (data from yahoo):

Profit Margin (ttm):
14.70% --- AAPL
4.41% --- DELL
Qtrly Revenue Growth (yoy):
5.80% AAPL
-3.10% DELL (yes, that is negative)

These figures do not bode well for Dell. As the economy contracts, it can only force margins tighter. Apple has plenty of room here, Dell does not. I would be hesitant to pick up shares in this economy.

Also - we do need to repeat what others have said. Apple's PE does not reflect reality - You need to do the PE on the Non-GAAP numbers to get a real PE. Not sure the figure - but it is lots lower than the author's.

Good luck to all of us!



On Feb 24 06:14 PM cloughg wrote:


>
> In refrence to your comments re "Dell is losing share hand over fist
> to AAPL (as well as others)"..what a load of rubbish, heres why -
> 82% of Dells revenue come from business to business sales. Broken
> down by product - 26% ...

Market Headed to Retest Lows?

You are probably right.

Looking for a Cause for Thursday's Sell-off? Blame Greenspan

The mortgage crisis - brought on by the Republican administration allowing banks to go wild - is one major part of it.

The other is the DEFICIT!! Cme on now - where are all you conservatives??? The deficit is taking money out of the economy, cutting the value of the dollar and thus driving up the price of oil.

Not to mention the fact that we are becoming more and more indebted to China which is a country with which we have serious philosophical issues.

Looking for a Cause for Thursday's Sell-off? Blame Greenspan

@ Joseph Foster

Please don't SHOUT! It makes it hard to read so people skip over it.

Wall Street Breakfast: Must-Know News

DON'T MISS THIS WHERE RBC SAY 14M iPones IN 2008, 24M in 2009!

seekingalpha.com/artic...

Should the Fed Do Nothing Today?

From NY Times

THE REPUBLICANS ARE WH0RES TO THE OIL INDUSTRY

WASHINGTON — Pared-down energy legislation cleared the Senate on Thursday by a wide margin after the oil industry and utilities succeeded in stripping out provisions that would have cost them billions of dollars.

The legislation still contains a landmark increase in fuel-economy standards for vehicles and a huge boost for alternative fuels. But a $13 billion tax increase on oil companies and a requirement that utilities nationwide produce 15 percent of their electricity from renewable sources were left on the floor to secure Republican votes for the package.

----

To hell with global warming - the poor oil companies need charity from the american people in order to survive!!!!

The republicans continue to give liberal handouts of taxpayer $$$ to the oil companies which are making record profits!

DISGUSTING!!!!