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  • Yahoo's Alibaba Failure [View article]
    Jul 12, 2015. 06:36 AM | Likes Like |Link to Comment
  • Greek crisis talks head into day two [View news story]
    Manipulation and increasing/absolute power"€74B is needed to cover its financing needs for the next three years - far more than the €53.5B Athens has requested."

    Manipulation and increasing/absolute power and corruption by banksters and bureaucrats has now overruled basic math, so it's all clear for the sheeple to keep buying the dips while they keep kicking that can.
    Jul 12, 2015. 06:34 AM | 1 Like Like |Link to Comment
  • Why China's Market Isn't Fixed And The Global Bubble Will Keep Imploding [View article]
    low wut - Exactly! And bail-ins, more mega bail-outs, and .1% savings accounts and then seized savings accounts (by law now they are only "unsecured loans" to the banks, ranking far lower than Wall Street derivatives which are now ranked ahead of senior secured debt) and when there is seems to be no end to the power of the manipulators, when their ponzi schemes finally go even more awry, true thuggery emerges as sellers face the consequences of jail time and whatever else Keynsian statist kleptocrats can dream up next.

    Those who cannot see these obvious consequences and results of delusional economics and power mad manipulation are placing their faith in obvious lies for personal gain or just because seeing the mounting worldwide insanity that accompanies the mounting insane debt, and power to manipulators and liars is uncomfortable, and at least they should be able to admit that truth has been officially buried long ago.
    Jul 12, 2015. 06:19 AM | 1 Like Like |Link to Comment
  • Time To Short Disney: Horrendously Expensive And Misunderstood [View article]
    "DIS has been boosted by a strong economic cycle and nonstop studio domination."

    Which can falter just as the fewest investors expect it.
    Jul 10, 2015. 07:17 AM | Likes Like |Link to Comment
  • Time To Short Disney: Horrendously Expensive And Misunderstood [View article]
    "Feels to me like MSFT in 1999."

    Might need to check that: Microsoft has always been hated as it's business model has been mostly to jam crap down people's throats due to their former "must-have" status which thankfully applies more narrowly now. Disney is loved, is much more akin to Apple, perhaps, which doesn't prevent either from a "lost decade" or worse given upcoming market conditions.

    Interesting point about Disney's problem creating successful games. That does resemble Microsoft's product failures and may show a cultural problem with imagination that fails to connect with a very important potential area of development and spinoffs that could really haunt them someday as areas of alternative media may become the huge profit staples of tomorrow.
    Jul 10, 2015. 07:15 AM | Likes Like |Link to Comment
  • Time To Short Disney: Horrendously Expensive And Misunderstood [View article]
    Quite specifically, in-demand original content is the one media segment which is considered to have a moat against unbundling, and live sports is king of all unduplicable content since sports reruns are, by definition, yesterday's news. Hence, Disney may be in just the sweet spot it's stock price indicates, and hardly a top candidate in a generally nosebleed market for shorting.

    While it's useful and informative to point out the possibility that articles generally gloss over the importance of ESPN to Disney, the stock, like most, seems to go it's way irregardless of articles as investing criteria of the really big money does not seem overly suggestible to evaluations that are in the public domain.
    Jul 9, 2015. 12:21 PM | 4 Likes Like |Link to Comment
  • Sears Holdings Valuation: The Transformation [View article]
    Update: The replacement refrigerator had a screw anchored in plastic holding a lot of shelf framing together that detached, so we had a service call. It was fixed satisfactorily and we weren't charged additionally for the model of refrigerator we ended up with.

    All in all, we are satisfied enough that we will look at Sears again for future purchases. Enough was made right in the end even though it was sometimes a rocky road along the way.
    Jul 8, 2015. 01:48 PM | 1 Like Like |Link to Comment
  • Ragin' Contagion: When Debtors Go Broke, So Do Mercantilist Exporters [View article]
    "It's quite obvious for most economists.

    Thanks for clarifying where this comment came from. Where are the Greek VW plants, by the way?

    The truth is as the article states. Customers of mercantilists like Germany (and China) are no longer able to paper over their impecunious condition with absurdly mispriced debt issuance because woefully insufficient reform since the 2008 debacle has been permitted by microscopic rates of interest to make borrowing and bailout costs placed on their taxpayers and future generations, the preferred policies of the incumbent elites, crony capitalists, treasonous politicians and academic economists, their easy choice.

    True organic economic growth leading to real wealth creation and improving solvency via these corrupt and contemptible ponzi policies has not occurred as even the IMF has inadvertently admitted, and the forces of Mr. Market are now indicating they are not that easily amused or diverted.
    Jul 8, 2015. 08:34 AM | 4 Likes Like |Link to Comment
  • Shock expressed as Greece has no new plan [View news story]
    "They have shown that paying their creditors is dead last on their list of priorities - anything they pay to anyone ever has to be viewed as completely voluntary."

    Can we not conclude then that worldwide policies of ZIRP and QE that have enabled entrenched status quo interests that should not receive another centime or dime to borrow for additional years before they finally shut down, has served to keep too many scoundrels, deadbeats, frauds and simply uneconomic recipients in place who would otherwise have long ago ceased to crowd out and warp the system by preventing real price discovery and recovery?
    Jul 7, 2015. 12:16 PM | 1 Like Like |Link to Comment
  • Reach For Yield Before Counted As 'Money Supply' [View article]
    A fantastic concise explanation of how CB ZIRP meddling and other policies of market price suppression expand the "need" for more leverage in financial engineering models and creating artificial clusters of bankruptcies which have only been suspended temporarily and thus greatly worsening the ensuing crises.

    Meanwhile, vast real buying power is enabled by oh-so-sophisticated levered paper backed by paper until it blows up, and this time we have the Federal Reserve doing it's utmost to create the conditions including vastly expanding it's own balance sheet, that will make the next blowup the worst yet.
    Jul 7, 2015. 08:51 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greece Votes 'No' - Now What? [View article]
    "Whole families are living in fear? NO - whole families are living off pensions and not thinking about going to work."

    Surprising how many American families use this plan as well (just substitute rent subsidies, SSI, welfare and foodstamps for "pensions"), and sit around all day watching their enormous flat screen TV's and playing with their cellphone. This is family planning for millions of Americans and it's usually multi-generational. Our public servants who also collect fat pensions, lawyers and "representatives" who do anything at all for a vote, have no compunction at selling out hard-working American couples whose taxes and future generations pay for making the American poor the richest poor in the world.

    Waste like this and in countless other appalling ways American taxpayers are gouged and indebted will not go on and increase the way it has as debt, waste and appalling habits will be accounted for eventually far beyond today's canaries in the coal mine such as Greece and Puerto Rico.
    Jul 6, 2015. 08:36 AM | 39 Likes Like |Link to Comment
  • PayPal Follows KKR Into Payment Swamp [View article]
    Thanks for some light shed on this company that is is presently at the forefront of the Wall Street pump and dump machine.

    Ebay lost it's online marketplace first-mover advantage largely through greedy, counterproductive, short-term oriented policies mainly since CEO John Donahoe took over in 2008, to the point that it's business is actually shrinking. In fast-growing online commerce!

    These buffoons are trying to get out as soon as possible with the benefit of Wall Street spinoff lipstick while Paypal still has an argument of credibility left standing. But given the management's historical neanderthal treatment of customers, both on Ebay and Paypal as featured in a devastating 60 Minutes expose on seized customer accounts, and history and culture of prioritizing higher fees while delivering as little as possible, Paypal will not build on it's early first-mover success any more than Ebay did. And certainly doing rollups in a tough business is not a positive sign they have yet figured out good ideas to pursue.
    Jul 3, 2015. 11:44 AM | 4 Likes Like |Link to Comment
  • The Global Template For Collapse: The Enchanting Charms Of Cheap, Easy Credit [View article]
    What an excellent distillation of many important facets of the stupendous worldwide financilaist ponzi scam that is now suffering the fate that must befall all endeavors based on magical thinking!

    The Federal Reserve reached 100 years of existence in 2014, so why weren't MSM, Washington and Wall Street celebrating it's financialist fiat dollar/debt deluge "achievements?" It has enabled the fondest hopes, wishes and dreams of statists, academics and corporate empire builders to grow to the sky, starting with the ill-advised US entry into WWI which has led to a century of nonstop US war involvement, the establishment of vast and proliferating bureaucracies and laws replete with most of the world's lawyers to create, protect and expand every cause imaginable that could never stand in it's own, worldwide "bridges to nowhere" projects on scales that could never have been imagined before, and have accessed the taxpayer balance sheet to dump every elite failure onto the greater society while preserving unimaginably lush profits for themselves and the useful idiots and servile sellouts who enable the schemes and entitlements.

    Because the truth of their "accomplishments" and the mechanics of their achievement cannot stand the light of day.
    Jul 1, 2015. 07:27 AM | 3 Likes Like |Link to Comment
  • The Drop In How Many U.S. Stocks Equaled 1 Greek Economy? [View article]
    How many Lehman Brothers would it take to equal the Greek economy? Yet, that's all it took to topple the hyper-leveraged Wall Street ponzi in 2008 when interest rates were close to normal and debt in the system was far lower.

    Imagine the carnage which can be triggered by a plethora of possible sources of collapse after 7 years of worldwide pedal to the metal debt expansion malpractice designed to conjure growth out of the same status quo arrangements and elites who should have actually taken losses in 2008, which have left Main Street holding the bag, the tab and out in the cold.
    Jun 30, 2015. 01:06 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    Looks like flocks of chickens are coming home to roost: The teaser rates are finally expiring on garbage financial paper issued to finance gross and wanton government (and business) waste by elites and vote-buying politicians.

    Lenders should not expect to get much of this money back.
    Jun 29, 2015. 07:28 AM | 17 Likes Like |Link to Comment