Shaggieman

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    • Mon Nov 24th 08:45 AM
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      Wall Street Breakfast: Must-Know News
      How about FART = Fix All Retirements TARP.
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    • Thu Nov 6th 12:50 PM
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      Navigating OBAMArkets
      IMO Obama needs to announce his financial cabinet as soon as possible to steady the markets fears. They've been talking about it for months now so the market needs to see some action to calm things down.
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    • Thu Nov 6th 12:31 PM
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      Negative Sentiment on Crude Oil Overdone - First Energy Analyst
      IMO where Bush went wrong on the economy is letting Lehman fail. That alone touched off a panic that got us to where we are today. You ask why would Bush let that happen and looking at Lehman I can see George Soros as one of the major shareholders. Could it be possible that in an effort to screw Soros he'd risk bringing down the whole economy and did? Interesting question!
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    • Tue Nov 4th 09:57 AM
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      Wall Street Breakfast: Must-Know News
      Everyone knows the economy is weakening but Volvo's truck order book stunned me. I had to read this twice to make sure I had it right. Capex is imploding. From Bloomberg:

      “In the third quarter of 2007, Volvo AB booked 41,970 European orders for new trucks. Guess how many prospective purchases Volvo, the world’s second-biggest maker of heavy rigs, received in the third quarter of this year?

      “Here’s a clue. Picture a highway gridlocked by 41,815 abandoned trucks – because Volvo’s order book got destroyed to the tune of 99.6%, with customers signing up for just 155 vehicles in the three-month period, the Gothenburg, Sweden-based company said last week.


      “The pathogen that has fatally infected swathes of the banking industry is now contaminating non-financial companies. ‘We’re heading toward the sharpest downturn I’ve ever seen in Europe,’ said Chief Executive Officer Leif Johansson.


      “Volvo has company. Daimler AG, the world’s biggest truckmaker, said earlier this month that its US deliveries slumped by a third in the first half of the year.”

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    • Thu Oct 23rd 10:56 AM
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      Wall Street Breakfast: Must-Know News
      Thanks Axelrod,
      Good rant and rave!
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    • Wed Oct 22nd 11:00 AM
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      Refiners Finally Increase Margins
      Costco sells the cheapest gas around here and they could do even better if they bought their own refinaries. There's plently of refinaries out there selling for the cost of the products stored in there tanks. Great opportunity.
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    • Thu Oct 16th 15:07 PM
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      Oil Below $75: Increased Chance of OPEC Production Cuts
      LONDON (Dow Jones)–The Organization of Petroleum Exporting Countries on
      Thursday moved forward an emergency meeting to review its production policy by
      nearly one month, underscoring the cartel’s concern about falling crude prices.
      “OPEC nations are reliant on oil revenues and to the extent that prices have
      fallen this far, we are very concerned,” Nigerian Oil Minister Odein Ajumogobia
      told Dow Jones Newswires by telephone from Nigeria.
      OPEC, in a short statement, said the meeting will be held Oct. 24 at the
      group’s headquarters in Vienna rather than Nov. 18, as previously scheduled.


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    • Tue Oct 7th 11:46 AM
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      Wall Street Breakfast: Must-Know News
      Great points Axelrod, as usual. Your discussion made me think why not use Fed funds to make some failed institution whole again and set the greed mindset flowing again? Take LEH for instance; resurrecting them might do it and besides I think they were to big to have failed and we're now paying the price for it.
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    • Wed Sep 24th 11:52 AM
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      Wall Street Breakfast: Must-Know News
      Hooray Axelrod608, Great job! Well said, I'd vote for you for Fed Chief but we've stuck with a bunch of idiots that I doubt can be stopped. When are folks going to wake up and realize they've been had?

      Remember G.W.'s good pal "Kenny Boy" better known as Ken Lay from Enron? I am affraid they have more then just bike riding in common.
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    • Wed Sep 24th 11:03 AM
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      Buffett's Bailout: Let's Call it 'Trickle-Up' Economics
      I don't trust Buffet, Paulson or Bernanke to do what's right for this country and I say "NO MORE TAXPAYER DOLLARS."
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    • Tue Sep 23rd 11:37 AM
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      Paulson and Bernanke Were Wrong on Lehman
      You folks heard about the $2.5B bonus money Lehman socked away just before the BK filing. These banking folks are crooked as they come and should be left to fail. NO MORE TAXPAYERS MONEY.

      www.independent.co.uk/...
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    • Tue Sep 23rd 10:45 AM
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      Wall Street Breakfast: Must-Know News
      I suppose you folks all saw this one. Looks to me like Lehman transfered money out so they could go BK.


      www.independent.co.uk/...
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    • Wed Aug 20th 10:21 AM
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      Three Casino Stocks Rolling Over
      U.S. could also restrict the number of Chinese tankers admitted to U.S. ports and greatly increase there docking fees to pay for the added security. Point is we can find things here in the U.S. to restrict that will cost Chinese companies $$$$.
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    • Fri Aug 8th 10:07 AM
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      EPA Rejects Congress's Ethanol Waiver
      Corn based ethanol is just flat out a dumb idea that came from a bunch of no nothing politicians; the switch grass crowd. I would like to see it replaced by sugarcane grown in the southeast, Hawaii, and eventually Cuba and imported stuff from Brazil.
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    • Wed Aug 6th 12:15 PM
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      Oil, Gas, Electric Cars, the Market and the Economy
      Muddling - The only way to do electric cars is to change out the battery packs like on your electric drill. The Israeli's are doing it right now with an electric car built by Nissan. They're adding swap stations all over their country.

      Jim - I don't understand how you missed the big selling point on NG? Instead of sending $700 billion a year over to the middle east we're keeping the jobs and money here in America where they belong. We are the Saudi Arabria of NG here so why not use what we have in our own backyards?
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