Stephen Metzger's Comments Stephen Metzger's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/90837/comments Jobs Data Divergence: Who to Believe? http://seekingalpha.com/article/176620-jobs-data-divergence-who-to-believe?source=feed#comment-791652 791652 Sat, 05 Dec 2009 11:05:03 -0500 Very Big News: Henderson Gone at GM http://seekingalpha.com/article/176039-very-big-news-henderson-gone-at-gm?source=feed#comment-786113 786113 Wed, 02 Dec 2009 08:53:29 -0500 Savings Rates and Long Term Economic Health http://seekingalpha.com/article/170559-savings-rates-and-long-term-economic-health?source=feed#comment-743948 743948 Wed, 04 Nov 2009 07:46:51 -0500 You Can Spend Your Way Out of a Recession http://seekingalpha.com/article/163444-you-can-spend-your-way-out-of-a-recession?source=feed#comment-691838 691838 Sat, 26 Sep 2009 08:58:00 -0400 The Economic Impact of the G20 Ending Oil Subsidies http://seekingalpha.com/article/161966-the-economic-impact-of-the-g20-ending-oil-subsidies?source=feed#comment-680472 680472 Thu, 17 Sep 2009 08:52:15 -0400 A U.S. Dollar Crisis in the Making http://seekingalpha.com/article/159745-a-u-s-dollar-crisis-in-the-making?source=feed#comment-660227 660227 Thu, 03 Sep 2009 10:29:18 -0400 White House Planning Climate Strategy Release for Third Week of September http://seekingalpha.com/article/158706-white-house-planning-climate-strategy-release-for-third-week-of-september?source=feed#comment-650645 650645 Fri, 28 Aug 2009 09:22:50 -0400 Why a Repeat of the Great Depression Is Unlikely http://seekingalpha.com/article/157722-why-a-repeat-of-the-great-depression-is-unlikely?source=feed#comment-641673 641673 Sun, 23 Aug 2009 09:45:10 -0400 Is Toyota Losing Ground in the Electric Vehicles Race? http://seekingalpha.com/article/157547-is-toyota-losing-ground-in-the-electric-vehicles-race?source=feed#comment-640874 640874 Sat, 22 Aug 2009 09:30:41 -0400 Monetary Policy: It's About Money Supply http://seekingalpha.com/article/155626-monetary-policy-it-s-about-money-supply?source=feed#comment-626722 626722 Wed, 12 Aug 2009 11:41:49 -0400 Is U.S. Starting a Trade War? http://seekingalpha.com/article/144889-is-u-s-starting-a-trade-war?source=feed#comment-560180 560180 Wed, 24 Jun 2009 08:41:51 -0400 Is U.S. Starting a Trade War? http://seekingalpha.com/article/144889-is-u-s-starting-a-trade-war?source=feed#comment-560147 560147

On Jun 23 02:58 PM Valley Boy wrote:

> According to this author, we are supposed to outsource our manufacturing
> labor and consume and import foreign products. How bright is that?
> No, this activity or attitude cannot be stopped but it can be taxed.
> Some kind of revenue-neutral, carrot-and-stick taxation strategy
> could be brought to bear against what some consider free trade.
> Free for whom? A tax reduction of an equivalent amount should be
> granted to those manufacturers keeping their work within the borders
> of this country and employing legal citizens.]]>
Wed, 24 Jun 2009 08:27:49 -0400

On Jun 23 02:58 PM Valley Boy wrote:

> According to this author, we are supposed to outsource our manufacturing
> labor and consume and import foreign products. How bright is that?
> No, this activity or attitude cannot be stopped but it can be taxed.
> Some kind of revenue-neutral, carrot-and-stick taxation strategy
> could be brought to bear against what some consider free trade.
> Free for whom? A tax reduction of an equivalent amount should be
> granted to those manufacturers keeping their work within the borders
> of this country and employing legal citizens.]]>
TALF Is Starting to Make Me Mad http://seekingalpha.com/article/138412-talf-is-starting-to-make-me-mad?source=feed#comment-509484 509484
If, however, the economy remains fundamentally weak and pessimistic expectations prevail, the new wave of securitized issues will ultimately fail. As the government loans are no recourse loans, as Mr. Cohan points out, then taxpayers will again be called upon to bail out the government and the Fed.

I don't think you can simply talk about financial markets and the various schemes that are put together to resurrect credit markets without talking about the real side of the economy, especially the impact of potential new taxes on individuals and corporations either directly or indirectly. Ultimately, the benefits of TARP and TALF are squarely dependent on economic growth, and I don't see this as any sort of a priority in this administration.]]>
Tue, 19 May 2009 09:41:57 -0400
If, however, the economy remains fundamentally weak and pessimistic expectations prevail, the new wave of securitized issues will ultimately fail. As the government loans are no recourse loans, as Mr. Cohan points out, then taxpayers will again be called upon to bail out the government and the Fed.

I don't think you can simply talk about financial markets and the various schemes that are put together to resurrect credit markets without talking about the real side of the economy, especially the impact of potential new taxes on individuals and corporations either directly or indirectly. Ultimately, the benefits of TARP and TALF are squarely dependent on economic growth, and I don't see this as any sort of a priority in this administration.]]>
White House Report: GM Volt Is Not Ready for Prime Time http://seekingalpha.com/article/132949-white-house-report-gm-volt-is-not-ready-for-prime-time?source=feed#comment-476903 476903 Sat, 25 Apr 2009 09:08:56 -0400 The Federal Reserve Has Failed Its Economic Mission http://seekingalpha.com/article/128329-the-federal-reserve-has-failed-its-economic-mission?source=feed#comment-445030 445030 Mon, 30 Mar 2009 09:22:42 -0400 Sick of Hyperbolic Rubish http://seekingalpha.com/article/124772-sick-of-hyperbolic-rubish?source=feed#comment-418945 418945 Mon, 09 Mar 2009 09:02:02 -0400 Orwellian Finance: Is 1984 Happening in 2009? http://seekingalpha.com/article/115328-orwellian-finance-is-1984-happening-in-2009?source=feed#comment-359720 359720 Mon, 19 Jan 2009 09:44:38 -0500 What Does Obama's Cabinet Have in Store for Alternative Energy? http://seekingalpha.com/article/115315-what-does-obama-s-cabinet-have-in-store-for-alternative-energy?source=feed#comment-359660 359660
The climate change/alternative energy crowd is inherently power-seeking in the political sense. To characterize Lisa Jackson's commitment to "fighting climate change" (oh, how noble!) as driven by science rather than politics is, in itself, an oxymoron. "CLIMATE CHANGE" IS A POLITICAL PHRASE AND A POLITICAL MOVEMENT, MR. MORAN! It has little or nothing to do with science. (By the way, Mr. Moran, whatever happened to the inconvenient lie, "global warming"? Becomes a bit of a liability with respect to common sense as we plow through one of the coldest winters in recent history.)]]>
Mon, 19 Jan 2009 09:07:49 -0500
The climate change/alternative energy crowd is inherently power-seeking in the political sense. To characterize Lisa Jackson's commitment to "fighting climate change" (oh, how noble!) as driven by science rather than politics is, in itself, an oxymoron. "CLIMATE CHANGE" IS A POLITICAL PHRASE AND A POLITICAL MOVEMENT, MR. MORAN! It has little or nothing to do with science. (By the way, Mr. Moran, whatever happened to the inconvenient lie, "global warming"? Becomes a bit of a liability with respect to common sense as we plow through one of the coldest winters in recent history.)]]>
The Real Unemployment Numbers http://seekingalpha.com/article/104846-the-real-unemployment-numbers?source=feed#comment-300644 300644 Sat, 08 Nov 2008 08:19:40 -0500 Signs of an Economic Bottoming Process http://seekingalpha.com/article/102872-signs-of-an-economic-bottoming-process?source=feed#comment-294246 294246 Thu, 30 Oct 2008 10:42:53 -0400 CRA and Fannie & Freddie: Betes Noires http://seekingalpha.com/article/101046-cra-and-fannie-freddie-betes-noires?source=feed#comment-287801 287801 Wed, 22 Oct 2008 11:19:41 -0400 I'm Speechless: Palin on the Bailout http://seekingalpha.com/article/97575-i-m-speechless-palin-on-the-bailout?source=feed#comment-266970 266970 Sat, 27 Sep 2008 14:51:35 -0400 Government Approves $25B Low Cost Loan Package for Auto Industry http://seekingalpha.com/article/97467-government-approves-25b-low-cost-loan-package-for-auto-industry?source=feed#comment-265733 265733 Fri, 26 Sep 2008 08:55:28 -0400 Cashing In on the Electric Transport Boom http://seekingalpha.com/article/94845-cashing-in-on-the-electric-transport-boom?source=feed#comment-251410 251410 Thu, 11 Sep 2008 09:19:11 -0400 The Housing Bill: Uncle Sam Is Moving Into the Spare Bedroom http://seekingalpha.com/article/87356-the-housing-bill-uncle-sam-is-moving-into-the-spare-bedroom?source=feed#comment-216364 216364 Mon, 28 Jul 2008 09:32:03 -0400 Challenge for Ford and GM: To Stay in Business http://seekingalpha.com/article/83724-challenge-for-ford-and-gm-to-stay-in-business?source=feed#comment-198601 198601 Fri, 04 Jul 2008 12:31:37 -0400 The Future of Ford’s Mid Sized Car Business http://seekingalpha.com/article/82809-the-future-of-fords-mid-sized-car-business?source=feed#comment-193100 193100 Thu, 26 Jun 2008 08:24:36 -0400 Inflation With No Growth in M1 For 3 Years in a Row? http://seekingalpha.com/article/80858-inflation-with-no-growth-in-m1-for-3-years-in-a-row?source=feed#comment-183195 183195 Wed, 11 Jun 2008 08:48:00 -0400 Oil Manipulations Exposed http://seekingalpha.com/article/78950-oil-manipulations-exposed?source=feed#comment-175893 175893 1. Beef up the dollar--Nothing inherently wrong with a weak dollar, but now it's costing us more than it's helping;
2. Most importantly, as noted by other commentators, open up ANWR and offshore drilling. This will have an immediate effect on the speculative bubble before one drop of oil comes out of these reservoirs. Reason? Future supplies are likely to be significantly affected and speculators will see the writing on the wall (unlike politicians).
I do object to this writer's political agenda, which is all too clear. When politics become more important than economics, the King Canutes of the world lead us all (willingly or unwillingly) into a drowning pool.
]]>
Thu, 29 May 2008 09:40:19 -0400 1. Beef up the dollar--Nothing inherently wrong with a weak dollar, but now it's costing us more than it's helping;
2. Most importantly, as noted by other commentators, open up ANWR and offshore drilling. This will have an immediate effect on the speculative bubble before one drop of oil comes out of these reservoirs. Reason? Future supplies are likely to be significantly affected and speculators will see the writing on the wall (unlike politicians).
I do object to this writer's political agenda, which is all too clear. When politics become more important than economics, the King Canutes of the world lead us all (willingly or unwillingly) into a drowning pool.
]]>
Ford’s 'Surprise' Announcement http://seekingalpha.com/article/79306-fords-surprise-announcement?source=feed#comment-175890 175890 Thu, 29 May 2008 09:38:07 -0400