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242 Comments

    • Sun Nov 23rd 11:59 AM
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      Rating: 0 0
      Commented on:
      Geithner!
      cristian; thanks
      View article »
    • Sun Nov 23rd 11:54 AM
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      Rating: 0 0
      Commented on:
      Cramer's Stop Trading! Zombie Stocks (11/21/08)
      Gilbert; nice reality check. C's a little more than double AIG total and current assets. AIG has 1,049,876,000 total assets
      C has 2,050,469,000
      In fiat currency it's all monopoly money anyway except that we agree that it has value.
      View article »
    • Sun Nov 23rd 11:17 AM
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      Rating: 0 0
      Commented on:
      Manhattan Mansions Fall from the Sky - Barron's
      swaps; you must be a reincarnated folk singer lol...
      "when in this life you ramble,
      you meet some funny men,
      some'll rob you with a six gun,
      and some with a fountain pen"
      woody guthrie (sort of)
      View article »
    • Sun Nov 23rd 11:06 AM
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      Rating: 0 0
      Commented on:
      Manhattan Mansions Fall from the Sky - Barron's
      vbierschwale; while I agree with your point, the question that nags me is how to have capitalism, which is fundamentally buy low, sell high in every aspect from labor to investment, and allow existing, established communities to continue and prosper. Might be impossible.
      Cheap labor is a natural desire for any capitalist. When labor costs negatively impact roi, machines and resources are moved to areas where cheap labor can be found. Management clearly holds all the cards, and has always been willing to sacrifice communities that once provided the labor or outlets for it's profits.
      But it's still a bit of a stretch to say that outsourcing alone is the cause of the current global financial crisis don't you think? What about greed, corruption, and fraudulent pilfering of the public purse at the highest levels of financial and governmental responsibility?
      The Queen of Hearts when she was told she had used an oxymoron,
      said "What? Go away! Don't bother me with that. We already have enough dumb animals running around the palace"
      View article »
    • Sat Nov 22nd 11:50 AM
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      Rating: +1 -1
      Commented on:
      Bail Out Capitalism, Not Detroit
      Capitalism needs a lube oil and filter change. Better check the brakes and the timing belt while we're at it. And I think it's out of warranty too. Let me check... Where the hell did I put it? The Constitution, maybe the Bill of Rights?
      There it is. Article 1 section 8;
      "The Congress shall have power ...To borrow money on the credit of the United States; To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;"

      To regulate commerce. Ah ha! The tires are real low on that one. Like riding on the rims?
      Congress must be asleep at the wheel not to hear the sound of steel scraping asphalt.
      What me worry? Look on the bright side. As long as the car can stay on the road (any road) we still have Apple products, and Pamela Anderson designing buildings in Dubai. Can't be all bad...
      View article »
    • Sat Nov 22nd 08:13 AM
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      Rating: 0 -2
      Commented on:
      Geithner!
      Hey cristian, how as in where did you look to see that the market was in a short squeeze?
      View article »
    • Tue Nov 18th 09:22 AM
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      Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Might as well be bloggin' in the wind lol. These guys will keep the system going but not without a lot of pain for a lot of folks.
      View article »
    • Fri Nov 14th 10:26 AM
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      Rating: 0 0
      Commented on:
      The Downfall of Keynesian Economics and the U.S. (Part 1 of 3)
      This is the second time I have heard the logic of money supply and interest explained this way. It makes sense but is it really that simple in actual practice? Basically if I understand it right, the loan money is created, but the interest money is not, so the farmer is screwed.
      View article »
    • Sun Nov 2nd 09:01 AM
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      Rating: 0 0
      Commented on:
      In Defense of the U.S. Taxpayer: End Deferred Compensation and Its Tax Subsidy
      Nicely written, and addresses the systemic fleecing of the taxpayer by the very people they we elected to represent us.

      "... Was this transfer of value from the U.S. taxpayer to Citigroup senior management intended?"

      I think it was, is, and will continue to be. As a function of group survival the bankers and others at the very top of the financial order have quietly, until now, are insuring their survival. Unfortunately it is a win loose scenario, un-democratic and pathetically abusive to not only honor and nobility, but these people are just plain old fancy criminals.
      View article »
    • Fri Oct 31st 08:25 AM
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      Rating: 0 0
      Commented on:
      Economic Anomalies Explained
      Congress, has the power of the purse. Why does everyone always blame the President?
      View article »
    • Mon Oct 20th 08:21 AM
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      Rating: 0 0
      Commented on:
      Valuations Need To Fall Further for a Sustainable Rally
      Good advice but I'm wondering if we are all just doing stuff that seems to make sense while all the time hoping the elephants foot doesn't land on us. Greed, corruption, and ignorance appears to rule these days.
      View article »
    • Mon Oct 6th 09:22 AM
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      Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Is there anyone who thinks the consumer will ever be taken off life support? Does fascism produce laptops and Lamborghini's? Isn't deflation and inflation one of the main themes in the central bankers methodology? Having to adapt and survive just means that you are still breathing.
      View article »
    • Sun Oct 5th 08:31 AM
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      Rating: 0 0
      Commented on:
      America's Real Wealth
      Rule of law is a major ingredient in the glue that holds our country together. It's been marginalized, corrupted, bribed out of the picture. When we get leadership with real balls and integrity it will be a new day again.
      View article »
    • Tue Sep 23rd 14:40 PM
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      Rating: 0 0
      Commented on:
      Why I Bought AIG Last Week
      1 plus trillion in assets. Valued at $17 and change. Hold and out perform recommendations. What's not to like except who knows what the deltas are. Seeking Delta?
      View article »
    • Sat Sep 20th 07:38 AM
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      Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      What no sympathy for the devil? Jagger got it right about the central banks. Except they are not you or me.
      View article »