Filet Mignon

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    • Wed Dec 3rd 08:56 AM
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      Rating: +1 -2
      Commented on:
      Our Growing Inactive Population: Demographics and the Economy
      Archman, how pessimistic, but true! Baby Boomers have all their wealth tied up in their homes. Good luck to them trying to cash out any equity. All of the remaining wealth created the past 30 years has been transferred to the rich. The middle class has the debt to prove it. And the rich have transferred all of the good jobs overseas to get richer! And it's all our fault for letting our elected representatives pass laws to make this happen. It destroyed our standard of living.

      Bush economics trampled the middle class. Obama's new administration will need to create a plan that invests in America's future and creates real jobs at home. How are the younger generation going to support the Boomers if we don't have any opportunities to obtain real jobs? Free trade sucks.
      View article »
    • Mon Nov 17th 10:31 AM
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      Rating: 0 0
      Commented on:
      Falling Gasoline Prices Could Help Holiday Sales
      Kathy, I'm sure all the business owners are praying and hoping that you are right. That's why I took the opportunity to spend the extra cash from my gas money budget and bought myself a Nintendo Wii for Christmas. But everybody else is still getting socks and underwear.

      But seriously, even though gas prices are falling, how have people's attitudes changed towards debt? Pretty much all expensive gifts ($100+ based on a middle class income) are purchased on credit. How much credit is available to splurge on Christmas, and is the credit being offered like it was in the past? Are people willing to use credit again or have we shunned it like our President? One silver lining out of this whole disaster: salespeople don't hound me to open additional credit lines every 5 minutes like they used to!
      View article »
    • Thu Nov 6th 00:06 AM
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      Rating: +1 0
      Commented on:
      A $40 Bottom in Oil?
      I don't think it will fall below $60. OPEC will cut production faster than you can swipe your gas card if it does go below $60. Serious production cuts may even happen next year if the new administration gives credible tax breaks to solar/wind producers. Investors will probably sell their oil stocks and move the cash into solar stocks. This would make oil prices fall fast, but not if OPEC can help it.
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    • Fri Oct 31st 07:47 AM
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      Rating: 0 0
      Commented on:
      Cramer's Mad Money - Petsmart in the Dog House (10/30/08)
      OMG, Cramer actually made a proper call. Petsmart is suffering, they called me the other day asking me if I needed to bring my dog in for a grooming. They never cared about me before.
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    • Mon Oct 27th 13:02 PM
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      Rating: 0 0
      Commented on:
      When Will the Market Turn Around?
      The bottom isn't here yet. How do I know this? Because the average American is freaking out about their 401k balance. The average American sees the economic slowdown with their own eyes and knows that unemployment is rising. These fears are causing these people to consider bailing out of the market for good. When this happens in masse, watch out!

      Fundamentals are everything at this point.
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    • Mon Oct 27th 12:22 PM
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      Rating: 0 0
      Commented on:
      Advice for Renters: Wait Until 2010 to Buy
      Duude, you are correct.

      Demand is there, but the ability to finance a purchase is no longer there. I want to upgrade like everybody else, but I probably don't qualify for a new mortgage like everybody else! I don't think we need to be asking a real estate broker about investing in real estate again, we need to be asking the finance reps. Real estate will not turn around until the financing becomes readily available again to eat up this inventory.

      But if all the finance people are losing their jobs, that to me is a very STRONG sign that real estate isn't coming back anytime soon.

      Rental properties will always be in demand, we all need a roof over our heads, right?
      View article »
    • Fri Sep 26th 00:29 AM
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      Rating: 0 0
      Commented on:
      Intel: A Seeming Waste of Legal Fees
      I work for Intel. This is extremely embarassing and is very representative of our management. No ethics or common sense whatsoever!
      View article »
    • Wed Sep 24th 05:04 AM
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      Rating: 0 0
      Commented on:
      Retail Sector Doomed: Weak Holiday Sales Will Destroy Under Armour
      Everybody is getting fruit cake this year, I don't want to hear any complaints! ;-)
      View article »
    • Sun Sep 21st 12:00 PM
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      Rating: 0 0
      Commented on:
      Prepare to Sell Monday - Cramer's Mad Money (9/19/08)
      If he's such a great analyst, how come we don't ever hear his Average Yearly Returns advertised left and right? They should be awesome. The only fact I know about this clown is that he used to work at Goldman Sachs.

      Mental note to self: don't take Goldman Sachs seriously.
      View article »
    • Sat Sep 6th 07:42 AM
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      Rating: 0 0
      Commented on:
      Job Numbers: Deteriorating, and Understated
      Jstratt, I wish I could be as optimistic as you, but we can't just "spend" our way out of this recession like we've done with all previous recessions. We're overspent, all of the past booms were the byproduct of overspending, not investment. At this point, it really doesn't matter if the Feds lower the interest rate any further from 2%. We can't even afford to borrow at 0%! All other recessions were "repaired" by lowering interest rates with the expectation that Americans and businesses would borrow and spend themselves into prosperity once again.

      Instead of encouraging useless spending (rebate checks!), the government really needs to take the initiative to develop tax incentives that proliferate R&D and high-tech production here in the US. Why do Europeans dominate the alternative energy industry? Because they have tax incentives to create high-paying jobs back home. We have tax incentives to export industry and high-paying jobs. No investment = no future. We might as well teach our kids in school, "You want fries with that?"
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    • Fri Sep 5th 02:11 AM
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      Rating: 0 0
      Commented on:
      New Seinfeld Microsoft Ad Runs, Is About Nothing
      Seinfeld is so 90s. I guess the dorks with the suits at Microsoft thought Seinfeld was still cool. He's not funny or relevant to anybody under 30, its not part of the pop culture anymore. I'm 31 and I barely remember Seinfeld from high school.

      Microsoft should not have neglected the under 30 crowd. This crowd will be the first to abandon Microsoft products for web based applications that will perform better and will cost next to nothing compared to MS expensive, bloated offerings.

      Go Google and Apple! They have it right.
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    • Wed Sep 3rd 12:34 PM
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      Rating: 0 0
      Commented on:
      Option ARM Time Bomb About To Explode
      This is very significant. My loan resets in 2010. Although I can easily afford my payments, I cannot refinance my mortgage because all they are offering are those FHA backed mortgages. These loans have strict lending requirements that I can't qualify for. Therein lies the problem, even if people wanted to keep their homes, they can't because they can't qualify for a mortgage refinance. Another round of guaranteed foreclosures is coming soon. I wouldn't load up on bank stocks just yet.
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    • Wed Sep 3rd 00:12 AM
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      Rating: 0 0
      Commented on:
      Ironies in the Financials
      The banks will eventually recover, everybody needs loans, business and consumer needs aren't going away any time soon. But what about the short term? I'm always reading articles about the need to raise capital. Is it wise to invest in banks in today's environment when they are desparately raising capital to survive?
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    • Mon Aug 25th 10:56 AM
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      Rating: 0 0
      Commented on:
      Food Makers Scrimp on Ingredients in an Effort to Fatten Profits
      This article is funny, sad but true. Unfortunately, we have all noticed these subtle changes about our food. We are not as dumb as "they" think we are. Somebody is always saying, "remember how much better everything used to be when we were little?"

      I will make the effort to follow the companies you suggested that are responsible for making the overpriced cardboard that we eat. No doubt their profits will only go up into the future. They might even make Soylent Green taste good, and it's cheap too!
      View article »
    • Fri Aug 22nd 18:29 PM
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      Rating: 0 0
      Commented on:
      Note to Target: Raise Your Prices
      Interesting article. Thanks for the different perspective.

      But most corporate managers lose sleep over their products becoming commodities. If a consumer has to choose between two identical products, they will more than likely choose the lower priced item. And that's if they are a rational, intelligent being!

      I have a good income and education, and I've shopped at both Target and Wal-Mart. Target's crap is no better than Wal-Mart's. I am going to purchase what I need at Wal-Mart, because I have better things to spend my money on than higher prices at Target, or making Target executives/stockholder... richer!

      Instead of entering a price war with Wal-Mart over crappy merchandise, Target needs different and higher quality merchandise in order to survive.
      View article »