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  • Will the U.S. Fight the German Car Invasion?
    The real question is for Congress when years ago we allowed the Japanese
    to bring cars (had agreed to quotas but) to undermine and under price Detroit's products. This is like the old American electronics industry (do you remember the brands) where our government allowed free trade in but our trading partners, first Japan, then South Korea and the bigger, come lately, China swamped us with products but did not allow many and much of our products to be bought by their citizens. RESULT - spiralling trade deficits for the U.S. and loss of manufacturing base and jobs. So what is the question again?
    Jan 07 17:28 pm |Rating: 0 0 |Link to Comment |View article
  • Stupid Is as Stupid Does: The SEC and CFTC Legalize Electronic 'Gambling'
    Has SEC lost its last resemblance of intelligence? Instead of tightening of regulations and stricter enforcement, they ( McCain wanted to get rid of Cox when we heard the first of the "bailout plans") continue to loosen its regulatory responsiblities. "Scotty, beam me up" .
    Dec 29 10:39 am |Rating: +2 0 |Link to Comment |View article
  • If Toyota Is Projecting a Loss, Imagine the Pain Detroit Is in For
    " IF" is the big doubtful here. IF you buy their story then I have a big bridge to sell you. Next, with their gradual invasion of assembly plants in the states, they will be asking for a "bailout". Any reduction in their total production will be done in their U.S. plants while making up the difference in
    moe imported units from their homeland plants.
    THEY HAVE BEEN IN A TRADE WAR WITH US (the free traders) FOR OVER FORTY YEARS. Washington has been asleep for many years just like on December 7, 1941.
    Dec 24 10:55 am |Rating: 0 0 |Link to Comment |View article
  • Enlightening the Gold Bugs
    It looks like an article written by a Japan writer or possibly one from China.
    Look to the manipulators - support the dollar, keeping gold low, so their dollars can be used to buy gold cheap.
    Dec 24 10:44 am |Rating: +3 -1 |Link to Comment |View article
  • Banking's Ins and Outs: $188 Billion from Bailout, $1.6 Billion to Execs
    What is new? The insider executives and directors (watchdogs for stockholders???) have been bilking the stockholders for years totally irrespective of reasoning, job performance, corporate performance - simply lets grab whatever we can get away with. These monies are void of "arm's length transaction bases", prior COMPLETE disclosure to stockholder much less their approval, and depletion of corporate equity. I believe these transaction to be of the highest form of (dirty) white collar crime. How can any shareholder have ANY faith in the company's management with these type of dealings?
    Dec 23 17:34 pm |Rating: +2 0 |Link to Comment |View article
  • Is It Time to Buy Gold?
    We can all speculate about what is gold going to do but in the real world of mass manipulation of ALL the markets, gold prices have, are, and will be controlled by the big dollar holders, China and Japan. They keep the dollar propped up to continue to pull trade dollars from our economy and with dollar propped up, gold will stay down and cheap so they can continue to hourly, daily, weekly increase their gold/gold mining stocks holdings. They realize that their gold reserve ratios to their fiat currencies are too low particularly in light of the whole world's ever increasing supply of fiat currencies. There is your nut shell on gold.
    Dec 06 15:02 pm |Rating: 0 0 |Link to Comment |View article
  • TARP Funds Fueling Global Buyouts, Not Lending
    Who really is in charge of the cash handouts of future taxpayers monies,
    Paulson, Ben (the Fed), F.D.I.C. , or Pelosi/Dodd/Frank OR all of the above
    in the usual hit or miss style with no strings or control ? ?

    It appears that the worst offenders get the easiest, quickest, no questions asked, funds from these above government officials who earlier had contributed to this long developing problem.

    We need more responsible and honest CEO's AND government officials.


    Dec 06 14:42 pm |Rating: 0 0 |Link to Comment |View article
  • Ken Lewis on Bank Accounting: Sensible Talk from a Surprising Source
    I am amazed Mr Lewis still has a job in light of his past and present management disabilities. The derivative gambling of excess bank funds in the past (known for years by him, fellow bank gamblers, Congress, analysts, brokers, Paulson, the Fed, etc.) has finally brought about the
    financial mess we see today. Further Mr. Lewis most recently takes $5 billion of $18 billion bailout monies GIVEN him by Paulson/Ben on a NO
    STRINGS attached basis and sends this money over to China (they don't have enough of our dollars as is) for investing in a China "bank" stock.
    DOES he have that authority from the company, directors, and stockholders??? I humbly continue this action one of being unpatriotic.
    Any wonder the public distrusts management, Wall Street, and government.
    Tom, I would like to see your comments on this.
    Dec 05 11:25 am |Rating: 0 0 |Link to Comment |View article
  • Who Might Benefit From Detroit's Failings
    The Japanese have taken the bulk of the electronic business by dumping product to eliminate our industry, Zenith, RCA, etc. They have taken a lot of other product lines such as lawn equipment, computer chips, etc, and continue to make inroads into many product categories, all to eliminate our industry which has resulted in our trillion plus trade deficit to them. If our auto/truck industry fails, we will lose a significant part of our remaining industrial base and be only buyers without jobs. There was a old Japanese philosopher who preached the way to beat your enemies is via a trade war. WELL. Destroy your opponent's industrial base and then their capital base. WELL.
    Dec 04 11:59 am |Rating: 0 -1 |Link to Comment |View article
  • The Manipulation of Gold Prices
    James, as they say on "America Has Got Talent" TV show, YOU NAILED IT.
    Best and most informative article to date on the subject.
    Dec 04 11:38 am |Rating: +5 -2 |Link to Comment |View article
  • The Coming Dollar Deflation
    David, David, David: Your statement, "believe the market" would be correct if it were not for the 1) no uptick regulation much less any real regulation or enforcement of any regulations, 2) big foreign cash cows, China and Japan, have been and continue to prop up the dollar as they hold so many dollars and don't wish to lose their buying power, 3) naked scheduled short selling by them and investment groups in USA on hourly, daily, weekly, monthly transacting guide stocks, commodities, and currencies prices, 4) Congress and the Fed continue to use the money presses and borrowings to fund the corrupt, the manipulators, the manipulated, and their cronies with no help to "Main Street", etc. etc.
    ALL MEAN THAT THE "MARKET" IS "NOT REAL" - THEREFORE ANY CHARTS, HISTORICAL PATTERNS, EVEN YESTERDAY, LAST WEEK OR LAST MONTH'S MARKET RESULTS SERVE NO GUIDANCE AS TO
    THE DIRECTION OF THE FUTURE MARKET.
    Dec 03 13:11 pm |Rating: +1 0 |Link to Comment |View article
  • Why Can't Bank Executives See in the Mirror?
    Todd, you failed to mention that Ken Lewis accepted the $15 billion from the bailout monies and promptly spent $5 billion of it buying a China bank stock which he "feels" is a good investment. 1) His track record stinks as to his management capabilities and certainly to his prior "investments"... 2) I don't believe he has the authority to do this transaction and certainly not with Paulson's blessing, 3) Is it "possible" that he might have received a kickback or "finder's fee" for this absurd betrayal of the public's and stockholders' confidence? 3) Should not the government regulators take an indept investigation of Mr. Lewis and all his dealings?
    With managment like this, how can we go wrong??????? WOW
    Nov 24 10:06 am |Rating: 0 -2 |Link to Comment |View article
  • Jim Cramer's Mad Money - Cox Slow on the Uptick (11/21/08)
    Cramer is 100% correct on the uptick but why hasn't Cox reacted weeks ago when this slide started. Is he too being "lobbying" like Congress to lean to special interest groups rather than the U.S. public to whom he is responsible ? ? ?
    If we don't have proper regulation, proper overseeing, and proper enforcement, then the nation is doomed for sure.
    Ditto for management compensation, particularly options, of which the stockholder watchdogs, ie directors, are part of the scam.
    Nov 23 15:37 pm |Rating: +2 0 |Link to Comment |View article
  • WSJ: A Frightening Indictment of Our Society
    GREED and POWER are king. Let only the slaves (John Q. Public) suffer.
    When does government examine the bank executives for their highly questionable dealings and strongly prosecute and fine those found guilty?
    To me, a derivative is no more than a bet (gamble), on a bet, on a bet.
    Where were the bank examiners, the CPA auditing firms, and internal auditors when these type tranactions were taking place. Investing in derivatives means the bank(s) have two much excess cash and feel they can gamble for high risk returns to justify P & L performance on which they can drive up stock prices, ie increase their compensation, bonus, and options profits. The past top executives of Fannie and Freddie should be held responsible for their "dealings". There were many tip offs to the horrendous situation there but ignored by Frank, Dodd, Ried, and Pelosi. The government needs to hold these people responsible much less the outside CPA auditing firm.
    Nov 19 12:17 pm |Rating: +1 0 |Link to Comment |View article
  • Bernanke, Paulson and Bair Testify - But Can We Get a Witness?
    In the Dec. 08 issue of Kiplinger's Personal Finance magazine, refer to page 31, a full page ad by Siebert & Co., investment broker. Ms. Siebert lists three clips from CONGRESSIONAL TESTIMONIES dated May, 1988,
    October, 1998, and December, 2002. Yes, Congress has been aware of the derivatives and shorting black holes at least since mid 1988. Kudos to Ms. Siebert for saying it like it is. Congress is and has been a major drag on the economic and law abiding areas of our once great nation. I say we should have only one congress of two persons from each state with a maximum of two term representation and outlaw lobbying completely as these special interest groups are strictly self serving and generally not in the best interests of our nation as a whole.
    Nov 19 11:58 am |Rating: 0 0 |Link to Comment |View article

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