citypound

We Must Reinstate Glass-Steagall

Yes we need Glass-Steagall yes and the uptick rule and naked short selling rules, and of course we need to be proactive - that is what our country is designed to be, it depends on the people being involved in a proactive way or our government won't work. Yet when the president gets proactive you call it an exhibitionist crackdown? What's that about? We are very lucky to have this president !

What's Behind Geithner's Populist Response to Goldman Sachs?

Cynicism is considered smart because of the likely hood. It's really a complication of Nihilism, though, a disease. Frankly, Geithner's right in his GS criticism. And the "lying" accusation here assumes he doesn't grow by going through a crisis. This particular article is sick with negative thought.

The right and left are so far apart is risks our country's future. But Obama has it right, both in Afghanistan and wall street. While his former supporters stab him for not fulfilling their agenda, he continues to make the courageous, right choices. He's a lot like Ike, very practical. The world will grow in peace and prosperity because of our country and its leader, with the good relations with the international community necessary for progress. Geithner will retire with conscious intact. GS will change.

Secretary Geithner's Moment in History

Geithner's doing his job the best he can and quite well I think and he's in concert with the overall economic plan. Certainly B. Frank or R. Shelby could not do as well, and the great Paul Krugman would simply try to overrule Obama and take us into the wild blue, which maybe right, but not effective.
Seems like he'll lead us into inflation, then handle that as it comes arises.

Eye on Financial ETFs this Earnings Season

The poem "April Inventory" by W.D. Snodgrass - ends with:

Though trees turn bare and girls turn wives,
We shall afford our costly seasons;
There is a gentleness survives
That will outspeak and has its reasons.
There is a loveliness exists,
Preserves us, not for specialists.

Wall Street Breakfast: Must-Know News

You know the president is doing a great job when nebulous imbeciles from both the left and the right are nipping at his heels. Krugman has a bigger ego than Hugo Chavez! Rush is like some slug you'd find under a rock. Let's hope the big cats don't drag him down, cause this is the most hopeful politician I've seen since Ike. What he's saying is we have real problems to solve and we're going to keep at it until we get fix it. All the principled lefties and rightist could not do half so well. I think the TG plan will work ok, despite being much less than perfect, and America will resume it's leadership in peace and prosperity.

Banks in Limbo = Financials in Trouble

Idiot, Obama's not a socialist and ykour ignorance overwhelms my patience.


On Feb 21 08:48 AM NITRAM wrote:

> Nationalizing any banks will help Obama with his socialistic plans.
> Americans have suffered through many down turns. However, our system
> always will survive. We now have the weakest administration and congress
> we have ever had. I wont go into the number of tax cheats or people
> like Barney Franks, we was attached at the hip with Freddy and Fanny.
> Yes our financial institutions need to be purged. The one man in
> our country who has experience with the banking crisis is Mr. Volker.
> But since Mr. Volker has never been accused of not paying his taxes
> or aiding Freddy or Fanny, Obama picks Summers. Obama has caused
> more disasters on one month than "W" did in four years.Why has the
> Treasury Secretary charged anyone with criminal activities. Oops
> I forgot, he is one of them.History has proven that the government
> cant spend us out of this problem. The Democrats like to say Roosevelt
> did it. That B.S. World war 11 did it. The war put people to work
> not Roosevelt. We must not let this racist socialistic President
> bring us down. People say he is not a racist. He attended Rev Wrights
> services for how many years. He and Michelle are racists. We have
> millions of the greatest business men and women in this country.
> Throw out the officers and boards of the corrupt banks and replace
> them with the people that can do the job. We must also start now
> to change our government. Throw out the Congress in 2010 and throw
> out the administration in 2012

Dow Dogs Were Dogs in 2008, What About 2009?

I think you mean GM not GE in the opening paragraph

On Jan 02 04:43 AM constructe wrote:

> I would think the market would have factored in this strategy. If
> it wasn't adjusted for everyone would be doing it eroding the deal
> to the point were it would be parity with the rest of the market
> or worse. Personally, I would lean towards worse. Citibank and GE
> should be about 0. Thanks to government support they live. JP Morgan
> may be no better in 2009 if things get much worse. BofA is buying
> crap only because they got free money from TARP and got government
> support.
>
> At least if you use this strategy you won't be saddles with Home
> Depot this year. What a sigh of relief. I suggest people actually
> screen what they invest in rather than playing silly strategies like
> buy all the products you buy for your home etc. It's tedious but
> it's oooh so worth it.
>
> Anyway, thanks for the chart and strategy information. Even though
> I won't trade it, I like a good snicker once and a while.
>
> Here's a strategy, find all the stocks Bernie Madoff bought last
> year and short them. Then go equally long the rest of the S&P
> 500. I'm sure once they track everything down and start liquidating
> it won't be a positive relative to this index.
>
> The question now is what did he own and where's the money. I suggest
> you start asking his family members who happen to trade in the same
> building but strangely said they had nothing to do with them. Rigggghhhtttt....
>
>
> And why should we believe Madoff who says that's absolutely true.
> Dude... you're wearing a tracking sensor. I would tend to believe
> the opposite of everything you say... What a con (use any term of
> that word you want).
>