Chancer

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    • Thu Dec 4th 12:30 PM
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      Muni Bonds: Juicy Opportunity for Investors
      The problem in CA is that the politicians will not make the necessary cuts in out of control spending growth. They have only been trying limited cuts to get them to the next crisis. When reality sets in, the real cuts must come.

      And as others have said, there is always Obama and the Feds to bail them out.

      Shorting assumes all of this will not happen.
      View article »
    • Sun Nov 30th 18:01 PM
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      How Wall Street Has Failed the Individual Investor
      The market is fundamentally rigged to favor the big guys and gamblers against small individual retail investors, who should not be in the market as it exists. The SEC, Treasury, and Fed have all failed. The market favors hedge funds, program traders, short sellers, large institutions, and speculator/gambler short term traders. Short selling and program trading should be outlawed on stock exchanges and confined to the currency and commodity exchanges. Prices should be set by willing buyers and willing sellers. Where else could short sellers be allowed to drive down prices? Buyers do not short used car prices in high volume to drive down prices. Why allow in stock markets?

      As long as the markets continue to be rigged as they are, small investors should stay out of stocks, and let the speculator/gamblers and big guys kill each other.

      This really ends the idea of privatizing social security and the "ownership society."
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    • Thu Oct 30th 16:28 PM
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      Six South America Profit Plays
      I have read forecasts that the Brazilian real estate market is set to collapse.

      Any comments?
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    • Wed Sep 24th 19:53 PM
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      How Did We Get to This Point?
      Fannie and Freddie drove lax lending with loans for those who could not afford to pay and held off regulation by giving huge campaign contributions to their partners in Congress: LIBERAL DEMOCRATS. This totally liberal democrat agenda made Fannie and Freddie assets grow to justify huge compensation packages for Franklin Raines and other executives at Fannie and Freddie. This requires a totally unbiased report to expose the truth, which we may never get. The democrats are frantically trying to find specific Republicans to blame it on and would be screaming for an investigation if they could find any (even walking by in the parking lot).
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    • Sun Sep 21st 18:42 PM
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      SEC Will Ban Short Selling: America's Leaders Break Down
      Agreed that ALL short seling should be banned. A market should be determined by willing buyers and sellers who own the stock- i.e. you should have skin in the game. Shorts borrowing shares is the big guys and gamblers with leverage screwing small investors. It would be like me selling a car with a market value of $1000. An interested buyer borrows 10 cars and pretends to sell all in the market for $100 to drive down the market price of my car. Shorts drive down prices artificially and they add in lies and false rumors to drive down prices even further.
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    • Thu Sep 18th 14:00 PM
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      Heebner Pukes His Positions
      Since oil and commodities still look good long term, especially with a financial mess that forecasts greater inflation,I would guess that KH is "focusing Focus" on a shorter term. But I would never bet against him.
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    • Wed Sep 10th 15:48 PM
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      WaMu's Killinger: How Did He Last So Long?
      I had the misfortune to have WAMU accounts when they acquired Home Savings. WAMU downgraded my former "grand-fathered&q... checking account. They also broke into my safety deposit box, inventoried, and plastic-bagged my property, and combined all in one large box with others property; all because they desired to change the box size in my area of vault. They mis-addressed 2 mailed notifications which were not certified and never attempted to call me by phone. I complained to Killinger in 1998. He delegated to subordinates who told me that WAMU did nothing wrong. I closed all my accounts. I am really glad to see Killinger get the axe. There is some justice.
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    • Thu Jun 5th 20:24 PM
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      Electric Cars for 2010: Shift from Foreign Oil to Riding on Local Renewable Energy
      Take a look at aptera.com. $30,000 - 3 wheel classified as motorcycle. Pre sold 1300 vehicles 2008 production available in CA only. Full electric has range of 120 on charge. Hybrid gets 300 mpg for first 120 miles until batteries are dis-charged. Thereafter, on gasoline gets 130 mpg. Secret is aerodynamic design with no air drag. It looks like a small airplane cockpit w/o wings and tail. From back, looks like flying saucer. If this engineer can do it, many others can. He was financially backed by Pimco's Bill Gross (his IdeaLab). I expect many more such vehicles within 5 years. When will the majors auto cos. get serious?
      By the way, they need to be working on zinc batteries. The world supply of lithium is not sufficient to supply high demand for battery operated vehicles.
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    • Tue May 27th 14:06 PM
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      Is Invading Venezuela a Good Way Out of an Oil Crisis?
      Commenting that the whole world "hates us" because of the free speech comments of one columnist makes as much sense as the whole world hating Saudi Arabia because of the actions of Osama Bin Laden.

      Invading VZ is an interesting idea, but won't happen. The US policy toward Chavez should be to totally ignore him (he will have a hissy fit) unless he is acting against his neighbors, like Columbia.

      Better to concentrate on oil alternatives and increasing mileage with hybrids.

      I read yesterday about the 3 wheel aerodynamic $30K Aptera; 300 mpg for the hybrid; 120 miles on charge for the all electric. Look for more cars like this over next 5 years.
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    • Wed May 21st 12:55 PM
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      Kinder Morgan Energy Partners - Dividend Analysis
      For those who don't need the cash, I prefer KMR which pays its dividends in more shares. Your cost basis goes down every quarter when you receive the stock dividend. You pay no taxes until you sell your shares. The biggest "problem" is fractional shares that most brokers pay in cash. A few brokers accumulate the fractional shares for more full shares.
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    • Tue May 20th 12:53 PM
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      The Risks of an Argentine Financial Crisis
      I was in Argentina in 1982 when the peso was at 1 to 1 parity with dollar. Altho Argentines loved this, there was high anxiety that it would not last.

      Of course, they were right. Having lived in South America, periodic devaluations are to be expected. We always kept spare cash in dollars and significant savings outside the country.

      Even dollar bank accounts that "guarantee" repayment in dollars can be retroactively changed to rerpay in local currency.
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    • Tue May 20th 12:16 PM
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      Kinder Morgan Suffers Mounting Oil Losses
      Kurt Wulff never misses an opportunity to write something negative about Kinder Morgan. Unfortunately, he has done it so often, it is a bit like the "boy who cried: Wulff! Wulff!"

      If this were written by anyone else, it might have some credibility worth considering.
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    • Sat May 17th 19:23 PM
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      Central Sun Mining: When the Dust Settles, Juniors Will Shine
      Any time a manager like Peter T. screws the old shareholders to give the bulk of the company's assets to investors with new money to pay for his mistakes, he has little incentive to perform.

      If Peter T. screws up again, he will do the same trick again and again.

      The failure of Glencairn should have included Peter T. resigning or being fired by the board.

      Plenty other places to risk your money. Not with a management that screwed the shareholders before.
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    • Fri May 16th 18:02 PM
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      Central Sun Mining: When the Dust Settles, Juniors Will Shine
      In any stock, management is key. Peter Tagliamonte really screwed Glencairn shareholders with a reverse split for the benefit of himself and new investors and then changed the name to Central Sun Mining. IMO, Peter T's bad management got Glencairn into the mess they were in.

      Once management resorts to such blatant disregard for shareholders, I would NOT touch an investment with that management again.

      There are many other juniors to risk your money in with potential just as good, if not better, that have not treated shareholders so badly.
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    • Thu May 15th 12:25 PM
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      Lost Cities: Mapping U.S. Airports Losing Air Service
      How about combining new and old tech with a fleet of blimps to service the smaller airports where airlines don't want to go?

      Power the blimps with hybrid (electric/gas engines). Sure, they are slower and carry fewer passengers, but the lower cost and fuel efficiency should be a real improvement. You could also re-charge the batteries by plugging at the airport during all that wait time.

      New tech from old tech, a new industry, and the smaller airports can still be served.
      View article »