anarchist

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    • Sun Nov 30th 14:39 PM
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      Rating: 0 0
      Commented on:
      Rubin's Teflon Finally Wears Off
      Was it a year ago or more that a French bank went under because it had a clown(s) within it's organization that was wheeling and dealing derivatives? The bank nor the Government had enough regulations in place to know or prevent the event. Did the rest of the financial system take note-hell no, they just plowed on. I don't remember but I don't think there was anyone prosecuted-just like the mess we are in now. Only the taxpayers are going to suffer any real loss. Has Glass the glass steagall act been reinstated-of course not, it might put some restraints on the banking system and we all know that would be unacceptable-ha, what a joke!
      View article »
    • Sun Nov 30th 14:22 PM
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      Rating: +1 -1
      Commented on:
      Here Comes a Consumer Killer
      Let us know how that works out!


      On Nov 30 12:03 PM SugarDaddy wrote:

      > I'm almost thinking to max out my $410,000 in available credit cards
      > credit by using them to buy gold 100%.
      >
      > Then telling them to go F'k themselves, hell w/credit ratings, could
      > care less with the assets I've accumulated to this point.
      View article »
    • Sun Nov 30th 14:08 PM
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      Rating: 0 0
      Commented on:
      How Wall Street Has Failed the Individual Investor
      Wish I had written this post, I can only say


      On Nov 30 12:34 PM notsosmart wrote:

      > welcome to the wake up.the dumb - dumbs are finally waking up.i got
      > out @ 14,000 dj not because im smart but because i got scared. this
      > country exists on small print. the smaller the print the worse the
      > deal.nobody is in your corner.think for yourself. the anal sts dont
      > know anything & all have an agenda.the new motto on our monopoly
      > money should be "too big to fail,too many to jail". i started to
      > say that wall st was turning into vegas years ago.you lose slower
      > & nobody brings you a drink. dumb- dumbs learned nothing from
      > the s&l fiasco,the tech bubble,enron & world com.even now
      > the scoundrels have their hands in your pocket.but the beer swillers
      > are still filling the stadium(like rome long ago) & havent a
      > clue. they cant name 3 supreme cout judges but know all the sport
      > scores.soon they will be eating their granite counters.no accountability,ethics,...
      > ceo's.selfserving boards, & papering the world with phony AAA
      > worthless paper.sadly,this country is in decline.
      View article »
    • Tue Nov 25th 13:20 PM
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      Rating: 0 0
      Commented on:
      Looking for a New Bottom Fishing 'Story'
      thanks for the obvious.
      View article »
    • Tue Nov 25th 13:17 PM
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      Rating: 0 0
      Commented on:
      Can Stocks Continue to Pop?
      We must be looking at different sources for volume, it appeared to me that yesterday's rally was not a high volume day, moderate at best. No follow-through today (yet) so I would be cautious about jumping in.
      View article »
    • Tue Nov 25th 12:55 PM
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      Rating: 0 0
      Commented on:
      Another Mistake, Another Rally: Time to Switch to Cash
      With Geither we get a resurrection of Paulson. These guys haven't a clue as what to do about the financial crises at hand (not that I do either but I don't have an MBA from Harvard or was I the CEO at GS) so the would rather fight the enemy they know(inflation) than the enemy they fear most (deflation). I agree with GOLD DIGGER in that it is ridiculous that the Market has a 400 point rally on the news that Citi is going to get a massive bailout but thats what we investors are stuck with-a volatile market that has big irrational swings that scare the hell out those who are long or short.
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    • Sun Nov 23rd 12:06 PM
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      Rating: +6 0
      Commented on:
      The Truth About Bailouts
      Americans always tout their standard of living as being the best but it has been declining since the 60s. The 60s began the -two paychecks necessary to finance a family- years. At first the two paychecks meant some extras for the family but now most American families could not survive financially without two paychecks. I have lived and worked abroad many years and in other industrialized countries this is not the case.
      I was actually surprised that Americans reduced their driving miles when gas hit $5.00 a gallon so I believe they are capable of change but only when it's forced upon them. The coming years could be painful for the immediate gratification Country and like the England last century, the U.S. probably will emerge from the current financial and moral crises to find itself no longer the world's financial leader. The U.S. financial policies and imperialistic foreign policy are dinosaurs of the eons past and must be discarded to make way for a new plan.
      View article »
    • Thu Nov 20th 21:02 PM
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      Rating: +2 0
      Commented on:
      Consumer Shopping Backlash Could Reverse ‘Misery Effect’
      How old is this survey? The fear factor is increasing everyday and my bet is that tomorrow (Friday) will see a Market that stuns retail sales to a standstill as consumers watch what little savings in their 401Ks disappear and an uncertain future in their paychecks.
      View article »
    • Thu Nov 20th 12:14 PM
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      Rating: +1 -4
      Commented on:
      Mitt Romney's NY Times Op-Ed On the Automakers: Dead On
      I thought the jerk that is in the White House now was a Harvard business school graduate? Do we need a more of the same, I think not.


      On Nov 20 11:47 AM mdmrjsds wrote:

      > Too bad he didn't get the nomination. He's the president we need
      > now. Someone who has some business understanding. And executive
      > experience. A crisis isn't the time to be doing on the job training.
      >
      >
      > Well, we have what we have. Maybe he'll pull it out. So far he
      > doesn't inspire much confidence. Business as usual. That's *Washington*
      > business as usual.
      View article »
    • Thu Nov 20th 10:46 AM
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      Rating: 0 0
      Commented on:
      The Irony of Defense Economics
      I guess it depends on how one defines democracy, I think it died with the oxymorinic Patriot Act, approval of torture, freedom of speech zones and der Homeland Security-yah, dats goot.


      On Nov 20 09:57 AM applesauce wrote:

      > All the biased political dogs are barking at each other again, democracy
      > lives.
      View article »
    • Wed Nov 19th 12:02 PM
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      Rating: +1 0
      Commented on:
      T. Boone Pickens: Always Be Selling
      how did the promo for some outfit touting realestate in Costa Rica get in here?
      View article »
    • Sun Nov 16th 11:48 AM
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      Rating: 0 0
      Commented on:
      What Does the Recent Saudi Gold Rush Mean?
      Lord I get tired of the goldbugs. Jim Sinclair, Gary North and the likes were touting gold back in 70s when it hit $800 and then crashed, and stayed crashed for years. People in post above say gold has been a great investment-it hasnt unless you cherry pick your time frame. It has been in the doldrums a hell of a lot longer than it has been "a good investment".
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    • Sun Nov 16th 10:42 AM
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      Rating: +1 0
      Commented on:
      GM Bailout Would Be Agony for Taxpayers
      It's my understanding the President elect Obama's idea of a bailout will be a bitter pill for GMs management to swallow. Once again, I have no special insider knowlege but my impression from the news that I read is that Obama will have all kinds of strings attached to bailout money for the automakers including a shift to green.
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    • Fri Nov 14th 10:56 AM
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      Rating: 0 0
      Commented on:
      AIG: Paulson's Folly
      We, the punters will never see the final bailout bill as the books will be cooked like about every Government financial statistic put out these days..
      View article »
    • Fri Nov 14th 10:27 AM
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      Rating: +1 -1
      Commented on:
      Is Hyperinflation on the Horizon?
      Well, actually there will be a Paul Volcker around. Mr. Volcker is adviser to Obama and could end up in a position of power in the new administration. I doubt that Obama will give Ben the boot as it seem that he has all the Washington insiders convinced that he is really "intelligent"... and a student of historical crises such as we face now-I think he is clueless. The dollar is the designated commodity of storing wealth now and I think the recent fall of gold prices just proves that there is a huge amount of speculation in gold that moves the prices and it really is no longer considered a hedge against anything. Hyperinflation is not in the cards anytime soon.
      View article »