Tom B

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  • The Coming Crash of 2008: A Result of Overleveraging
    "I have been praying for years to see $5 gas, I just can't believe it happened so quickly. There is nothing more satisfying to me than seeing the look on the faces of people spending $100 to fill up their SUV that they drive around in alone."

    The markets have done what decades of Congressional inertia have failed to do.

    "And for the economic illiterate that said if Obama gets elected then we will be in better shape. Please drop me a line, if he gets elected I would like to sell you all my stock. Yeah, a socialist is going to help markets."

    McCain or Clinton would keep Iraq going longer; this is a money-losing proposition, unless they get some brains and re-group the whole US army around the oil fields and forget about Baghdad and "nation-building&...
    Mar 18 14:34 pm |Rating: 0 0 |Link to Comment |View article
  • The Coming Crash of 2008: A Result of Overleveraging
    "The history of the 20th century was dominated by the struggle against totalitarian systems of state power. The 21st will no doubt be marked by a struggle to curtail excessive corporate power."

    And, so far, we are losing. In the US, corporations seem to have more "individual right" than Individuals. The EU has somewhat more common sense in these matters (e.g. much smarter antitrust regulators).
    Mar 18 11:50 am |Rating: 0 0 |Link to Comment |View article
  • The Coming Crash of 2008: A Result of Overleveraging
    I think we'll see significant turnaround 1) If Helicopter Ben gets axed and/or 2) with an Obama win in November. The latter, because one major drag on the economy is the money-hole known as Iraq.
    Mar 18 09:52 am |Rating: 0 0 |Link to Comment |View article
  • Wall Street Breakfast: Must-Know News
    "Multiple carriers? Still missing."

    Prediction: ATT will sweeten the deal for Corporates. Big Biz always bends over for the Enterprise market.
    Mar 07 08:47 am |Rating: 0 0 |Link to Comment |View article
  • Under The Radar News - Thursday
    "Then again, does anyone know what Citi's book value is?"

    I don't trust their managemnet. End of story, as an investment.
    Mar 06 10:38 am |Rating: 0 0 |Link to Comment |View article
  • Under The Radar News - Thursday
    "Sources say Microsoft (MSFT) CEO Steven Ballmer is fuming over Yahoo's move yesterday to pre-empt a proxy fight by pushing off its shareholder meeting."

    Maybe monkey-boy threw some chairs around. What does he expect, offering a low-ball hostile offer?
    Mar 06 10:36 am |Rating: 0 0 |Link to Comment |View article
  • Wall Street Breakfast: Must-Know News
    "Many doubt a YHOO/AOL merger will float."

    I have little love for AOL as a company (though I problem still have a bunch of the coasters they used to send out almost weekly), but the combo could lead to a powerhouse financial portal. Yahoo and AOL individually work better for me at this time than Google Finance, though I am a huge Google fan in general.
    Mar 05 09:16 am |Rating: 0 0 |Link to Comment |View article
  • Wall Street Breakfast: Must-Know News
    "Boldly, he said he hopes banks will rescue homeowners by reducing principal amounts, because anything less is just prolonging the agony."

    Does the Office Mr. Bernacke holds require peeing in a cup for drug testing as a condition for employment?

    Can I call my bank RIGHT NOW and ask them for "free money"?
    Mar 05 09:14 am |Rating: 0 0 |Link to Comment |View article
  • Under The Radar News - Friday
    "Think of this number. If just 5% or even 10% of those buyers purchase Macs "

    Nowadays dual booting, for full speed Windows is a very viable option for people nervous about going "cold turkey". I
    Mar 01 11:00 am |Rating: 0 0 |Link to Comment |View article
  • Wall Street Breakfast: Must-Know News
    "Doesn't this mean that the decline in profits when these drugs hit patent expiration will be even sharper?"

    What it means is that I have already reduced my holdings in Big Pharma.
    Feb 21 18:47 pm |Rating: 0 0 |Link to Comment |View article
  • Wall Street Breakfast: Must-Know News
    "And can you imagine the price of oil if we had not stabilized the middle east."