Seeking Alpha


Send Message
View as an RSS Feed
View Deltascared's Comments BY TICKER:
Latest comments  |  Highest rated
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    The states requiring voter ID also offer free, or low cost solutions.

    I guess you never heard the joke about voting early and often. My late mother in law was a far left and staunch Democrat for life and head of state elections for at least two decades. SHE wanted to welcome a law like those now proposed as racist local political machines and cliques used fraud for their ends in the day .

    The problem was based in reality but I have no recent info. However, someone with a name like John Fund has a book out on the subject.

    Also, Governor Romney paid a higher tax rate than 95% of the people in this country. I actually get more Republican when I hear of his smooth financial moves. In case you haven't heard, we have a minor economic problem in this country and imitating Europe is not cutting it.

    The real problem for site like Alpha is stopping events like MF Global and PFG Best since both the regulators and the trial lawyers are taking the day off.

    We wouldn't have to worry as much about energy prices if the present administration would stop chasing Unicorn fuel and paying back donors with tax dollars .
    Sep 1, 2012. 11:03 AM | 21 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    Pretty stupid conclusions. For one thing, bad mortgages had a lot to do with the 2008 meltdown. Like.... they caused it.

    All the animals on Wall Street did was roll them and sell them.

    A California S & L sunk Wachovia with about 24 Billion in bad loans. The couple in control were/are major Dem contributors.

    And let's see, does anyone remember the Community Reinvestment Act? And check out the Senator from Illinois who supported it.

    Protestors attacking bankers at home for affordable mortgages? Somehow, I don't think they were Republicans.

    Billions of bad mortgage loans sunk the economy. Deregulation was not a help to be sure but the desertion of sound lending policies created the poison.

    Then we had Dodd-Frank. Well, that is working out real well. Banks are afraid to lend.

    As far as regulation goes, when are the regulators going to stop theft like PFG Best and MF Global? .And is Jon Corzine a Republican? There is a whopping $1.6 Billion missing there and all you hear is crickets and the sound of investors getting crushed.
    Sep 2, 2012. 08:52 AM | 10 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    I did say bad registrations. Do you know what a bad politician for the poor is? There is one in the WH.

    Back to the subject, anyone who can't get a photo ID shouldn't vote. They are free. If it wasn't chasing something away, there would not be this noise. Chicago is notorious for some things. Like the dead voting. And young people dead in the street or crack houses!

    I don't hate ACORN.

    I pity them. They are being used. The WH has done less than W for really poor folks or minorities. I hang with them so I know. They are about winning elections or maybe our POTUS would have stopped in Chicago to get something started to STOP the bloodshed!

    He only had about 105 golf dates and a million fundraisers!

    I don't think Giv. Romney is a bargain, either. But the Dems are an economic disaster and they are not going to help anyone. We have debt like a family living with a sub-prime mortgage in 2006 or 2007. Only this time it is the whole country. .

    Go look at our Messiah again. Is it clearer now?
    Sep 4, 2012. 12:16 PM | 8 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    I love to hear Dems hating former President Bush!

    I can see sooo much difference between the big spending, big government hawk on foreign policy W. And our dear O.

    Except W didn't hand out machine guns to Mexican drug dealers. And had 5% unemployment.

    He should have thought of giving WMD's to Saddam so we could bust him!
    Sep 2, 2012. 09:01 AM | 6 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    An observation in two words:

    You're lost

    A suggestion:

    Huffington Post.
    Sep 1, 2012. 11:09 AM | 6 Likes Like |Link to Comment
  • Book Review: Private Empire - Exxon Mobil And American Power [View article]
    No but we are stupid enough to go chase unicorn fuel with our dear friends on the left while our economy collapses.

    Maybe if you had some solid substance in your head your hair would grow.
    Jul 7, 2012. 01:22 PM | 6 Likes Like |Link to Comment
  • U.S. Economy: Why The Looming Fiscal Cliff Matters [View article]
    JHooper should be paid to appear in Alpha and on every media network until everyone heeds his words.
    May 20, 2012. 11:53 AM | 6 Likes Like |Link to Comment
  • Don't Look To Chesapeake Energy For Your Predictions On Natural Gas Prices [View article]
    "Perfect storms" usually have three influences in the popular imagination.

    For NG we first have the classic cyclical overproduction of capitalism. The second part of this "mistake" by CHK is a recession followed by the slowest recovery by the US economy in history. Third, we have Washington launching a long term war with fossil fuels.

    CHK was certainly not alone in rosy projections in the past. Have you looked at reports on XOM's strategic planning and acquisitions?

    The energy industry are not the only fools in the room, either.

    The only hope for CHK is the cold winter coming and some pragmatic and aggressive political leadership to see that fossil energy might start the world economy moving a lot faster than crutches for dreamy social programs or forcing the economy to get healthy with technology that doesn't work to fight climate change or other environmental issues.

    If you think that is asking a lot, run the real numbers on where we are going if such moves are not made. Despite the efforts of FDR, we had World War II to pick us up in the 1930's and there is nothing like that on the horizon, thank God.
    Nov 1, 2012. 02:39 PM | 5 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    Yes, Wall Street had the bright idea for giving mortgages to people who couldn't afford them. That wasn't the goal of a bunch of Democrat activists who actually went to banker's homes to intimidate them or Obama who supported something called the Community Reinvestment Act. The Democrats pumped the bubble, they did! Don't even think about blaming the conservatives for the mortgage melt down. Now other things..OK.

    GAS? Every Democrat I can think of plays politics with gas prices and "Big Oil" .

    Oh yes and Obama sure loved to needle President Bush over gas prices. The problem is that the idiot Obama keeps playing with electric cars while we have millions out of work. Now who exactly is cold hearted? And used the green jobs seed money to pay donors back? Try Obama.

    Cold Romney? Who has no time for the kids and young men gunned down in Chicago?

    Who took off on a campaign swing to Las Vegas hours after we had an ambassador tortured and murdered?

    Who is lying all over the place about the Benghazi, Terror Attack and calling it a mob action started by a film clip? He was so busy acting big and bad with his exploding drones and shooting Bin Laden? Spiking the football even if it meant leaking secrets that make us less safe.

    He scares nobody outside of this country. His foreign policy had 20 embassies under siege. What a success!

    Finally, the government and banks have been securitizing mortgages for 50 years. Turn off MSNBC and open a book.

    Now on the poor, I agree with you and I would move to the ghetto if I were president. Paying unemployment or to keep men in jail makes no economic sense. The buffet tax idea (typical Obama) was so small it was silly politics but I agree that the super rich have been getting exploding net worth results. I have a theory on helping the poor into successful capitalism.

    That is another post. Peace.
    Sep 29, 2012. 05:43 PM | 5 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    It would not be too bad if he learned everything he knows from a movie.

    The problem is all the lies he has growing around the movie.

    Anyway, I'll take a machete to a small part of the lying thicket.

    Easy. It is said that President Obama passed the Heritage Foundation's health care proposal. The president said something on TV and every other lefty says it wrong in unison.

    From Politifact:

    We agree with Heritage that the differences between its original vision and the version enacted into law are not trivial, and are enough to undercut the president's effort to secure a Heritage Foundation seal of approval for his bill. But the president helped his case by wording his statement with extreme care. Intentionally or not, he gave himself subtle linguistic running room by saying that "a lot of the ideas" for the exchange came from Heritage, including the concept of "just being able to pool and improve the purchasing power of individuals in the insurance market." Even if not all of the ideas in the two plans are identical, we feel that it was fair of him to say that "a lot of the ideas" are in common, including the notion of pooling.

    He probably guessed how it would be misunderstood by his zombies. It was NOT any plan drafted by Heritage.

    Their folks described it this way:

    Heritage continued its campaign against Obama's claim in an April 19, 2010, op-ed column in the Washington Post. The director of Heritage's Center for Health Policy Studies, Robert Moffit, wrote that "the version of the exchange we did develop couldn't be more different than that embodied in this law." He charged that "the Obama health-care law 'builds' on the Heritage health reform model only in the sense that, say, a double-quarter-pounder with cheese 'builds' on the idea of a garden salad. Both have lettuce and tomato and may be called food, but the similarities end there."

    See Politifact April 1, 2010. Online
    Sep 30, 2012. 08:35 AM | 4 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    No they were let off.

    From Wiki:

    The Department of Justice later narrowed the charges against Minister King Shabazz and dismissed the charges against the New Black Panther Party and Jerry Jackson. The decision to dismiss the charges has led to accusations that the Department of Justice under the Obama administration is biased against white victims and unwilling to prosecute minorities for civil rights violations. These charges have been most notably made by J. Christian Adams, who in May 2010 resigned his post in the Department of Justice in protest over the Obama Administration's perceived mishandling of the case, and by his former supervisor Christopher Coates.
    Sep 16, 2012. 01:47 AM | 4 Likes Like |Link to Comment
  • Gold And Bond Markets Suggest Sentiment Change [View article]
    This article or comments above and those like it, are why I love Alpha! Dimitry's chart consideration is perfect but news and politics rule this market.

    I have been doing too well with puts and vix to look at GLD but it is due.for many reasons. TBT has been the worst dog since that one in the Stephen King story and minor forces, like the US government, want to keep it that way. Beware.

    Robanti cited the new substitute for gold however, guessing where the market will go if the Euro tanks is another question. In that scenario, GLD may roll.

    Two minutes here is worth two hours in front of a tube watching Bloomberg or CNBC.
    May 20, 2012. 11:25 AM | 4 Likes Like |Link to Comment
  • Buy This Oil Stock Now While The Price Is Low [View article]
    CHK has issues to resolve. More importantly, XOM magement looks at acquisitions like you look at a portfolio. Would you want MORE Nat'l Gas if you were them?

    And about their looking at small exploration oil companies? There are about 20,000 alternatives if they wanted to mess with them.

    Having been an insider with a mega corp, I can tell you that they look for plays so large or complex only they can do them. Like the whole arctic north of Siberia.

    It takes something special to move their needle. Mad Money just featured a small firm which is doing well picking trough their "left behind" wells. The expression is "too small to move their needle".

    It is a predictable and slow needle but the firm has credit two levels better than the US gov't!
    Apr 28, 2012. 01:21 PM | 4 Likes Like |Link to Comment
  • Exxon Mobil Hits Resistance [View article]
    I am impressed by the article but more so by the wall paper in your photo. I gather that you have an opinion about a $90 or $100 SP in the near term course of business.

    There are several trap doors for a blow up in the Med in the first weeks of March.

    Watch this chart if that happens.

    The sad fact about the oil industry is that they are demonized when they score earnings and treated like polluting scum all the rest of the time.

    Remember the demagogues and their "obscene profits" of the 1970's? This was while CBS and others were doing laps in the profits department.

    The only thing keeping XOM from $125 in short order with any Mideast crisis is the fact that its enormous size has it subject to its own inertia. Sort of like a super tanker with its own tides inside.
    Feb 16, 2012. 05:48 PM | 4 Likes Like |Link to Comment
  • Fiscal cliff negotiations between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell hit a major snag after Republicans demand use of the "chained CPI" method for calculating entitlement benefits - which would result in lower payments for Social Security beneficiaries. Pres. Obama backed the provision previously, but Democrats now object to including it as part of a scaled-down deal. Updated 5:51 p.m.: The Senate won't vote tonight and will reconvene at 11 a.m. tomorrow, Reid says. [View news story]
    Was that a talking point, rhetorical question or do you want an answer?

    First, our president used to support the Republican position as do numerous other experts.

    Second, the 20 year estimate of solvency is, at best, questionable and probably very wrong.

    If you are sincere, why don't you do some research or check Paul Ryan's web site for an explanation?

    A bit:

    "Beginning in 2010, Social Security started paying out more in benefits than it collected in taxes – a trend that will skyrocket as the baby boomers continue to retire. In order to pay full benefits, the government must pay back the money it owes Social Security.

    Those who wish to solve this problem by raising taxes are ignoring the profound economic damage that such a large tax increases would entail. Just lifting the cap on income subject to Social Security taxes, as some have proposed, would, when combined with the Obama administration’s other preferred tax policies, lift the top marginal tax rate to over 50 percent. In reality, lifting the cap on income subject to Social Security will hurt the self employed – like many of the farmers and small business men and women in the First District – hardest as these individuals pay both the employee and employer share of the Social Security tax and further hamper the economic growth these individuals can provide.

    Most economists agree that raising marginal tax rates that high would create a significant drag on economic growth, job creation, productivity and wages. This nation cannot fix its retirement-security system by leaving young families with nothing to save."

    Nobody wants anything cut. See Greece and riots for more info there.
    Dec 31, 2012. 04:44 AM | 3 Likes Like |Link to Comment