If Only The Government Would Get Out Of The Way ... [View article]
Anything lacking divine qualities is fallible. The market hasn't failed, what we're seeing is an unnatural situation that is slowly straightening itself out. The growth needed to sustain the huge and growing debt pile is lacking because there are not enough jobs. No matter how much money the government spends, the jobs just will not come (back).
Therefore, the government's money printing currently serves only to keep people content, just as credit cards nowadays serve as a replacement for that part of people's salaries that has been eroded over the years.
When economic reality changes, requiring more highly educated jobs, but society does not, and on the contrary perhaps even dumbs down, you will have underemployment. What's worrisome is not just the lack of skilled labour in some sector, but the lack of jobs in sectors where skilled labour is aplenty.
Mind you, I'm not a believer in this new religion called American Recovery, so at best I see certain sectors weathering the storm.
If Only The Government Would Get Out Of The Way ... [View article]
[...] we urge you to consider the special circumstances of the present condition [...]
The same rhetoric used to justify the draconian measures in the war on terror (a direct result of government 'planning') and the massive yet pointless money printing in our current crisis. No hyperbole is sizeable enough to describe the extraordinary character and utter severity of the situation we find ourselves in.
Why foster cheaper education when you can keep it expensive and just buy students' debts? Why assist people into the job market when you can drop them into the panoply of government support programmes. Owning people guarantees their votes and makes the government sine qua non.
Governments cannot create jobs, except in their own circle: unless you propose we expand the 22 million jobs public sector into including every adult American? The USSA does have a certain ring to it.
The government should be restricted to a regulatory function, keeping private sector's interests in check with the People's interests. The only efficient example of government involvement in the job market I've seen is where it cooperated with the private sector to provide cheap education for so-called 'bottleneck' jobs. After proper education, graduates enter the job market, often at the same companies they did internships with, easily repaying society for the public money spent.
Any other government intervention serves only to metastasise the public sector further into society. Certainly not how the USA was conceived by the founding fathers - but then again, it's all different now.
May Consumer Credit:+$17.1B vs. +$8.5B expected and $10.0B prior (revised). The month saw the biggest jump in consumer credit since December. Non-revolving debt (student loans, car and personal loans) up $9.1B, while revolving debt (credit cards) increased $8.0B. [View news story]
I'm sure the people are being properly taken advantage of.
Finally, The Long-Term Uranium Prices Have Begun To Rise [View article]
People already have enough stress from work, the media help them relax with nonsensical BS. Poor sheep.
After Japan's issues, it became fashionable in Europe to announce a road map towards abolishing nuclear energy. Now that the news has subsided below the surface, said plans have mostly been quietly shelved. There just is no viable alternative, let alone one that's acceptable in terms of pollution. Europe's dependence on gas from Russia is, IMO, a further constraint.
There might be a decent pop or even momentum, but without decent news I wouldn't expect much more. You may consider selling into any momentum to get out with a reduced loss.
Great Wall Builders: The Anatomy Of A $611 Million Scheme [View article]
While there is little evidence to refute what you've written above, being short at this point may be costly. I do expect the stock to go up further before APS pulls out the plug. We had a first shake yesterday, there should be a second before we get to the point the stock takes a dive off a cliff.
Indications that Facebook (FB) will open in the low-to-mid $40s, below the expectations of some, have contributed to a selloff in the NASDAQ, which is now trading near breakeven. Facebook-related plays are also moving lower. GSVC -3.8%. SVVC -9.3%. ZNGA -2.4%. RENN -7.4%. Trading has been delayed, but is expected to begin in minutes. [View news story]
More like a soap, Nasdaq has stopped even trying to predict when trading will really start.
If Only The Government Would Get Out Of The Way ... [View article]
Therefore, the government's money printing currently serves only to keep people content, just as credit cards nowadays serve as a replacement for that part of people's salaries that has been eroded over the years.
When economic reality changes, requiring more highly educated jobs, but society does not, and on the contrary perhaps even dumbs down, you will have underemployment. What's worrisome is not just the lack of skilled labour in some sector, but the lack of jobs in sectors where skilled labour is aplenty.
Mind you, I'm not a believer in this new religion called American Recovery, so at best I see certain sectors weathering the storm.
If Only The Government Would Get Out Of The Way ... [View article]
The same rhetoric used to justify the draconian measures in the war on terror (a direct result of government 'planning') and the massive yet pointless money printing in our current crisis. No hyperbole is sizeable enough to describe the extraordinary character and utter severity of the situation we find ourselves in.
Why foster cheaper education when you can keep it expensive and just buy students' debts? Why assist people into the job market when you can drop them into the panoply of government support programmes. Owning people guarantees their votes and makes the government sine qua non.
Governments cannot create jobs, except in their own circle: unless you propose we expand the 22 million jobs public sector into including every adult American? The USSA does have a certain ring to it.
The government should be restricted to a regulatory function, keeping private sector's interests in check with the People's interests. The only efficient example of government involvement in the job market I've seen is where it cooperated with the private sector to provide cheap education for so-called 'bottleneck' jobs. After proper education, graduates enter the job market, often at the same companies they did internships with, easily repaying society for the public money spent.
Any other government intervention serves only to metastasise the public sector further into society. Certainly not how the USA was conceived by the founding fathers - but then again, it's all different now.
May Consumer Credit: +$17.1B vs. +$8.5B expected and $10.0B prior (revised). The month saw the biggest jump in consumer credit since December. Non-revolving debt (student loans, car and personal loans) up $9.1B, while revolving debt (credit cards) increased $8.0B. [View news story]
As China Medical Approaches $10, Investors Should Begin Taking Profits [View article]
TVIX Surges, But Investors Should Stay Away [View article]
You might argue that some leveraged sector ETFs allow for holding and compounding over a short period, but with the VIX that's nearly impossible.
Greek ETF (GREK) Up Sharply, But Still Too Risky [View article]
The Rosetta Genomics Roller Coaster Ride [View article]
Finally, The Long-Term Uranium Prices Have Begun To Rise [View article]
After Japan's issues, it became fashionable in Europe to announce a road map towards abolishing nuclear energy. Now that the news has subsided below the surface, said plans have mostly been quietly shelved. There just is no viable alternative, let alone one that's acceptable in terms of pollution. Europe's dependence on gas from Russia is, IMO, a further constraint.
BioSante's Reverse Split Equals Shareholder Dilution [View article]
BioSante's Reverse Split Equals Shareholder Dilution [View article]
They can't all do a ROSG, that'd be too easy.
Cell Therapeutics' Pixantrone - Is Hope Coming For Patients And Patient Shareholders? [View article]
Galena Biopharma With Near Term ASCO Catalyst [View article]
Great Wall Builders: The Anatomy Of A $611 Million Scheme [View article]
Great Wall Builders: The Anatomy Of A $611 Million Scheme [View article]
Indications that Facebook (FB) will open in the low-to-mid $40s, below the expectations of some, have contributed to a selloff in the NASDAQ, which is now trading near breakeven. Facebook-related plays are also moving lower. GSVC -3.8%. SVVC -9.3%. ZNGA -2.4%. RENN -7.4%. Trading has been delayed, but is expected to begin in minutes. [View news story]
Not sure noone wants the shares, though.