« Elite? You Got a Problem with Elite? | Main | Conversations With the Clueless; (a discouraging look at where the Fed is taking us) »

March 11, 2008

Comments

Steven Buffett

Get with the program.
Just ask Ben for money. We are the greatest super power on earth; we make the rules on economic policies. We can print as much money needed because who is going to stop us. China? Ha. Ben has a computer and a couple of key stocks whala 29 billion here 200 billion there. Billion, trillion, quadrillion. Our debit can go to quadrillions but who cares we have an unlimited blank check. The War, Medicare, Ben has deep pockets I suggest every American should be getting more tax cuts, more stimulus checks. I also want Ben to give me money so I can get into the stock market action.
So get with the program there is an endless supply of money

Mortgage Revolution

Mortgage Revolution

Endless supply of money being given to banks and we the people have to pay for the bail out. It is time that the people take back our power. All people who have mortgages should not pay our mortgagees for 6 months. Let the Feds print more money and pay our mortgage for 6 months. Lets be honest the banks lend us money that they don’t have and make more money on interest then the house is worth. Have you notice that the mortgage rates have not aggressively went down as the sub prime did. Banks have now recovered and hit bottom, now it’s time for the people to get in on the Fed’s money hand out.

Just stop paying our mortgages for 6 months, the money we save can increase consumer spending, thus get the economy going.

If we have hit bottom for the sub prime problem, why are the Fed’s still injecting money for banks?

Iraq. WMD? No it is because Saddam was causing the Middle East to become very volatile. We own Iraq. We now have a base in the Middle East. We own the oil revenue to help pay for the war. Oh yeh, we are right next door to Iran.

The economy is going to pick up? Humm when it dose we need a tax revolt. One year tax free. Let the oil revenue from Iraq pay for that.

Also, we need a market correction, some stocks are way over valued and a good correction will clean things up. Only the strong survive

Rich Guy

There is no Recession

The company earnings are fantastic, stock market booming. I am making around $120,000 a day. Thank you Fed and tax payer for allowing me to keep my housekeeper and chef. I Can’t believe Citigroup posted a $5.11 billion quarterly loss and the stock still went up. I love making money!!!
I am going to get my houseman to start up my Porsche. I havn’t drove it for ove 6 months.
If the market kept going down I would have to lay off my chef and sell a couple of my vacation homes.

Keep printing money Fed’s and stay in the market. Bush is doing the right thing before he leaves office.

There is no slowdown!!

The economic Guy

WE MUST ATTACK IRAN!!!

We have just allocated 300 billion to the housing crisis, again we print more money. Was this money coming from? Just pick an amount and type it on the keyboard and whla print it.
Why is oil going so high? I guess because you actually have to work for it. You know pay for exploration, find it, drill it pump it, export it.
And yes we will run out. Not like money where George Bush uses his magic wand to produce any amount of money.
It is simple economics the more money we print the higher inflation.

Just like Food you actually have to plant it, harvest it transport it. And the same with any commodity you have to physically work for it. But in a virtual world all we have to do is type an amount and get a good statistician to

WE MUST INVAID IRAN. Russia and China are getting to friendly. They may switch to the Euro dollar. Let’s be realistic Europeans are more responsible with their money.

We own Iraq and that makes us a member of O.P.E.C. George Bush should stop asking O.P.E.C. to increase production and TELL them to. They better increase production and get the price down or else we will put them back to desert nomads tending to their camels.
All countries know we rule the world. We can make Russia and all of South America bankrupt again. We can place China back to planting rice.


Again this is why WE MUST INVAID IRAN

The Bank’s and the Fed’s have no money

The Bank’s and the Fed’s have no money. The Fed’s don’t make us money that’s not their job. Their job is to spend it wisely. But they seem to think they have an unlimited credit card. We pay taxes to the Fed’s they lend it to the banks with low interest then the banks lend the money to us with high interest. I think we are getting the shaft here.

Oil is way to low it should be 150.00 – 200.00 a barrel. And what about the oil witch hunt? Nuts. I think we should go on a Fed witch hunt. Show us your balance sheet.
Oil is physical and cannot be produced with the Fed’s magic wand. I think Mr. Bush said something about gas and a magic wand. Yes, you actually have to invest capital and work to produce oil as where money … pouf magic wand and paper money backed by paper.
Now oil is need to heat our homes, run Industrial companies, transportation, additives for paints\ plastics and the list goes on.
I think the Fed’s treat money as oil….. Unlimited supply
The dollar was back by gold… Good collateral to have to support a countries currency. But not any more... The best choice would be Oil.
And why is the Euro so strong. Why are they not lowering interest rates and printing money …. Maybe they learned something from Germany way back then? I don’t know I didn’t live through that time of hyperinflation and money printing. http://www.economist.com/diversions/millennium/displayStory.cfm?story_id=347363
I think this is why Europe doesn’t print money out of control.

I think the Fed’s should print lots more money and start buying Euros and top off the Oil Reserves.

Now Today I have 1,000,000.00 one million U.S. I made from my oil business and I am going to Europe to spend it tomorrow as soon as I get off the plane my million dollars is worth 641,553.69. I just lost 358,446.31

Now my question is

Let’s take HP. The second quarter, earnings on sales of $28.26 billion. But if HP converted to Euro dollars. 18,041,555,164.61 you just lost 10 billion. Humm maybe that’s factored in somewhere.

Job report comes out tomorrow it will be the new buzz word “better than expected.” Everything is better than expected. If everything is better than expected then why the Fed is’s printing so much money?
Funny about HP buying EDS.
EDS outsourced Bank of America’s IT help desk call center to India.
Bring our jobs back home Bank of AMERICA. Or name it Bank of Indmerica

Some good news.
The Stock market is Hot lots of money to be made. Wall-Mart almost 60.00 but I found a stock with a repeat pattern. Anyone can make some easy money on this one. I suspect a rookie market maker or the Fed’s are in this one. CTSH on the NASDAQ has this pattern a teenager spotted and he calls it an up up. The stock will open up and continue going up 70 to 100 pts. Then on other days it will do what he calls a Down Up. The stock will go up then go down below the open and hang out there for a while then shoot up and close past the Open. It doses these patterns all the time except for the odd up down but it always goes up. I know that it will reach 40.00 easy soon. But after that I don’t know I have noticed that it drops very fast. But Easy money to be made. A 15 year old spotted this.
About the Stock market Sir Isaac Newton:
The Universal Law of Gravitation

Ecomonic Guy

Sitting in my big SUV waiting in the drive through with 10 other cars in front of me.
I was going to park and stand in line but I herd that the Saudis are going to pump more oil, so great I don’t have to get out of my SUV and don’t have to sell my Hummer.
I also want the US to subsidize gas like China. We print enough money we will never pay off the debit so go for it

We made the world shook in fear when this comment was made.
“Henry Paulson, the U.S. Treasury Secretary, said Monday that he had not ruled out any policy options, including intervention in the foreign-exchange market, to prop up the dollar.”

Intervention, we are Masters of the Universe. Economic text books are being re-written base on our policies.

I knew OPEC would take our demands seriously and pump more oil. And Iran will also take our proposal he! We will build you tame nuclear power plants, almost free.
You just won’t be able to make nuclear bombs. He, North Korea listened to us.

The problem with printing more money is Hyper-inflation, but that won’t be a problem for us as we control everything.
The problem with pumping more oil is we will run out faster, but that won’t be 30 to 40 years.
The problem with solar energy is that, it’s not profitable. How do you charge for the sun’s ultraviolet rays? And how do you tax the sun? It’s not a commodity, it’s free

The FED’s want to regulate the futures market, oh I mean manipulate the futures market.
If I think that there could be flooding on the corn crops I buy corn futures, if I think that there might be hurricanes in the gulf and shut down some drilling rigs.

I should have the FREEDOM and LIBERTY to invest in the market on that speculation without the government’s Intervention.

Steven Midas

SCARY!!! Obama VERY SCARY!!!!! “The Bail out Bubble”

Has anyone questioned or considered the consequences of the unlimited printing of virtual money?

Hyperinflation? Oil back to 150 a barrel?
US dollar plunge below $0.50 as the more stable British pound or Euro dollar becomes the standard?
People withdraw vast amounts of money to purchase Gold? Only if The Gold Confiscation of April 5, 1933
From: President of the United States Franklin Delano Roosevelt
to: The United States Congress
Dated: 5 April, 1933
Presidential Executive Order 6102 Is not brought back. Then gold is a safe bet.

Obama is creating 3 million jobs.
Let’s do the math
Employ engineers, consultants, project managers, trades, and laborers.
Average it out to $55.00 per hour * 3 million per hour = 165,000,000 per hour
Times this by a 40 hour work week = 6,600,000,000 per week
Times one year 52 weeks = $343,200,000,000 for one year
This dose not include the material costs I would guess one 100 Billion per year

Total of 443,200,000,000 for 2009 not bad
4 year project times 4 = 1,772,800,000,000 of virtual money
A funny side not…I used my fathers old calculator and it didn’t have enough zeros to do the calculation.

It is simple economics Supply and demand. There is too much supply and no demand.
I don’t see anyone I know buying a new computer, TV, Auto, house, renovations for another 2 to 4 years. And I and people will not buy a Ford, Chevy. Or Chrysler due to the quality and resale value. They better start on merger plans.


Action must be NOW
LET Israel destroy Iran’s nuclear facilities come on have a backbone, this is the best opportunity to act
If Hamas can shoot rockets what do you think Iran is planning.
If North Korea can produce a bomb it must be so easy for Iran to.
Lets be honest do we really want Iran to be an Arab nuclear power?
Saudi Arabia, U.A.E. and Israel are a short target...

I just have a very bad feeling about irresponsible printing of virtual money. I call it “The Bail out Bubble”

Can't handle the truth

Arabs, Chinese’s, and Russians buy my debt

Heh! I am buying a GM car and a new big screen TV also a new smart phone.

Thanks Arabs, Chinese’s, and Russians for buying my debt

Oh, I have a lot more debt for you and the government. Enjoy

We have an unlimited credit card so don’t mess with US

Truth,  but more money is better than expected. Forgive us god

Print more money no one gives a damm so print more money.

Print more money isn’t so bad.
I thought that other countries would express their disapproval but they know we are the greatest people on earth.
I was right when I said America is master of the Universe.
Corporate America Rules
China will buy more debt because they are under our thumbs ( the Chinese don’t understand economics )

Russia is still a bear, yes a dancing circus bear and we taught it to dance.

Iraq, All the people of Iraq I am sorry for our invasion I know that many innocent men, women and children died at our weapons.
I feel sad that oil has made us so evil and we have lost our vision for justice. Weapons of mass destruction.

There were no weapons of mass destruction our government lied to us (AGAIN!)
Stop lying and twisting the truth Obama, Bernanke, Geitner and Goldman Sachs

I do know that I, all involved and all Americans will die one day and God will ask us to be accountable for the killing of innocent people whose families were destroyed just to fill up our gas tanks. ( But God I did need to drive my hummer to church)

The kingdom ( Saudi Arabia ) God has blessed them with riches and they sat and watched their brothers and sisters murdered.

We are so afraid of loosing our possessions but not afraid of the one whom gave us the breath of life.

Is the government telling us the truth about the recovery? Should I trust them ? Weapons of mass destruction. Is the recovery happening? Should I start spending ( get into more debt)? If there is no recovery should I set up a group to sue the government for misleading the public.

E-Gold, Sell all NOW!!! 401 k , stocks and starts buying physical Gold and Silver.
A secret society is using a currency that is backed by gold.
No money out of thin air it is real gold.
No I.O.U. ‘s
No computer generated number sent to a bank. A currency that tells the truth

The stock market is way over valued, that silly buzz word “ Better than expected “
BUT
The market is on fire!! Brokers have to make clients money, our dollar going for a dive so the stocks and oil must go up ( Inflation) banks get to borrow money for free. Get you easy money Stay in the stock market foe the easy money for a while until the truth comes out.

I laid the stock page in the hamster cage and read were the droppings laid.

HOG: Harley Davidson. Stock goes up? Don’t know why Women don’t like to ride they prefer to be on the back. Also talking to a lot said the helmet messes there hair, have to wear too much leather when you can only ride when it is warm, they prefer doors, radio and cup holders also the like the name but prefer the sport bikes. (Crotch rockets)

I also spoke with younger men and women, yes the name is kwel but all would not buy a Harley but instead would buy a sport bike.

The earnings were bad however the stock is climbing. Hummm

As I was driving my Harley an afternoon hail storm hit.. The wind was so strong I had to ride the bike while leaning it to counter the wind. I had to get to a bridge or over past fast. Even wearing leather chaps it hail and rain hurts. Now do you really see women going out and spend money on a motor bike…. They would rather buy a convertible with 4 wheels.

Harley Davidson will be asking for a bailout like GM

CAKE Cheese cake factory. We forgot how to cook at home. The calories are made for Triatholete training for an Iron Man.
Man Bra’s will be a good company to invest

AMZN Amazon. Come on States a cash cow for sales tax. They are making so much money a sales tax could get CA out of I.O.U.’s


The Recession is still continuing from Alan Greenspan. The only thing that turned it around was the housing. Prices going up home equity were used as an instance bank. People would buy cars, TV’s everything because their house has gone up 300,000. Then the truth came out. Overpriced houses and the bubble burst. Back to Alan Greenspan Recession.

I would also keep your clunker ( car) as new ones are more expensive to maintain.
My dad has a new Ford Free star and got a flat. Tire was under warranty but had to take it into the Ford dealership to program the computer to recognize the new tire. I spoke with the mechanic and the new cars you cannot services them yourself any more. You must take them into the dealership to get repaired. Coat to much to maintain Lease don’t buy

The comments to this entry are closed.

Contacts & Subscriptions

Disclaimer

  • Fair Use Notice:
    This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of political, human rights, economic, democracy, and social justice issues, etc.

    We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

    In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.