this Bud's for you

Latest Comments
37 Comments

    • Wed Nov 26th 08:58 AM
      |
      Rating: 0 0
      Commented on:
      Canadian Royalty Trusts in Need of an American Revolution
      LOL. Obama's rhetoric is not worth the hot air used to generate it. He will not defend fossil fuels. He is owned by the greenies. Put propellers on the drilling rigs and you may have a case. Even with that, when your political philosophy is equalized outcomes, you cannot defend anyone wanting to invest and get ahead of the pack. So he will keep his mouth shut.
      View article »
    • Mon Nov 24th 07:42 AM
      |
      Rating: +3 -2
      Commented on:
      Canadian Royalty Trusts Will Never Return to Their Former Glory
      Dirkson was a bigger thinker. His comment was focused on billions rather than millions. Were he alive today, he might faint at what his colleagues and Illinois successor were throwing around - trillions here and trillions there.
      View article »
    • Fri Nov 7th 09:44 AM
      |
      Rating: +2 0
      Commented on:
      The Honeymoon Is Over: Gauging the Market with an Obama Presidency
      You said:

      "One thing that did disturb me in what was quite a brilliant victory speech was the mention that issues we face in our economy and nation may take more than one term in office. I’m sorry, but the American people no longer have the patience for inaction by policy makers to drag out the change we voted for."

      There are 55 million Americans who did not swallow the Obama Kool-Aid. Speaking for myself, I can only hope his statement is the truest one uttered by him in at least 21 months. He promised more than he could payoff, but the pandering got him the votes he needed to get elected.

      But to be fair, the only difference between him, the Democrats collectively, and the Republicans collectively is the speed with which they will bankrupt the nation and confiscate our individual wealth through monetization of the ever increasing debt.

      "We cannot borrow our way into prosperity."
      View article »
    • Thu Oct 16th 09:10 AM
      |
      Rating: 0 0
      Commented on:
      High U.S. Corporate Taxes Are a Myth
      "to screw the populace and avoid paying taxes. These people are referred to in the venacular as Republicans."

      I think you are thinking with your a$$. Congress - in the plural - writes the tax laws of this nation. Last time I checked, it was not a Republican only club.

      Reasonable and educated people know that both sides of the isle play the game with favored tax treatment among the lobbyists of industry groups. Float a trial balloon about taking away a special tax favored status or hint that a new tax will be instituted and receive cash for the kitty. This is how they "earn" the money for their reelection campaigns. And we applaud them for sending a few pigs ears home by reelecting them over and over again. That is insanity.
      View article »
    • Thu Oct 9th 10:06 AM
      |
      Rating: 0 0
      Commented on:
      The Beginning of the Endgame for Monetary Policy, Redux
      Paul,
      What's up with life insurance?
      View article »
    • Thu Oct 9th 08:38 AM
      |
      Rating: 0 0
      Commented on:
      Why the Financial Markets Haven't Responded
      Read Marx again. Now that the credit system is owned by the government, you communists only need to grab control over the healthcare industry to achieve what he couldn't during his miserable lifetime. #9 domino down. #10 leaning. One presidential election to go. God forbid.
      View article »
    • Wed Oct 8th 08:29 AM
      |
      Rating: 0 0
      Commented on:
      Seven Thoughts on Capitulation
      It's hard to resist picking up shares of good franchises trading at 40% of book value. Waiting to pick them up at 30% might be seen as being greedy.
      View article »
    • Thu Oct 2nd 19:56 PM
      |
      Rating: 0 0
      Commented on:
      Bailout Bill: Second Verse, Same as the First
      I doubt the banks are excited to pay the additional FDIC insurance premiums. Or did that one get tossed in for the bank lobby with the other bologna, sorry, pork?
      View article »
    • Fri Sep 26th 13:17 PM
      |
      Rating: 0 0
      Commented on:
      The Secret Villain Behind Our Economic Collapse
      LCACM,
      What else can you blame Bush for before he leaves office? Pile on. It will make you feel good.
      View article »
    • Tue Sep 23rd 09:00 AM
      |
      Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Heads need to roll at the SEC. This crisis lands right at their door.

      From John Mauldin (9/19/08):

      Want to get really mad? Up until 2003, all investment banks were allowed only 12 to 1 leverage. Then in 2004, the SEC basically gave five banks (and only five banks) the ability to lever up 30 or even 40 to 1. Bet you can guess the five banks. Bear, Lehman, Merrill, Morgan and Goldman. Three down.

      As Barry Ritholtz wrote: "So while the SEC runs around reinstating short selling rules, and clueless pension fund managers mindlessly point to the wrong issue, we learn that it was the SEC who was in large part responsible for the reckless leverage that led to the current crisis."
      View article »
    • Mon Sep 1st 22:56 PM
      |
      Rating: 0 0
      Commented on:
      Energy Firms Should Look to U.S. Shale - Barron's
      steve ward

      I thought Picken's had substantial water rights in the Panhandle of Texas and a pipeline to move it. If so. how timely can that be?
      View article »
    • Mon Sep 1st 22:39 PM
      |
      Rating: 0 0
      Commented on:
      Obama's Green Promise
      I have read two books recently that scare the daylights out of me..

      Mark Steyn, America Alone, The End of the World as We Know It (about Islamists outbreeding the Western World 8 kids per family vs 2.1:1)

      Jerome Corsi, The Obama Nation (Obama's experience - not a lack of it - is what we should be concerned about and CHANGE = wealth redistribution ala Saul Alinsky "slowly, quietly, gently, so they will agree to it with little objection)

      Read them before you vote in "08.
      View article »
    • Fri Aug 29th 08:50 AM
      |
      Rating: 0 0
      Commented on:
      NBC Refuses Pickens Plan Ad
      It appears that hot air trumps natural gas in the Democratic-controlled congress and is fanned by its mouthpiece NBC.
      View article »
    • Wed Aug 27th 09:29 AM
      |
      Rating: 0 0
      Commented on:
      Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil
      We are paying farmers NOT TO GROW rice and their land is sitting idle while fresh corn goes from 10 ears per $1 to eat up to 2 for $1 per ear and my supplemental cattle feed has doubled in cost in one year. Hats off to Nunca Penoche and her ilk.
      View article »
    • Wed Aug 27th 09:20 AM
      |
      Rating: 0 0
      Commented on:
      U.S. Household Debt: A Frightening Picture
      It seems to me that the comparison should be with the value of assets in the hands of consumers - not tied to sales. I have a large amount of "consumer debt" on a couple of credit cards, but solely because they offered long term rate committments at 1.99% which allowed me to trade down from an average of 8% which allowed me to invest for 13 percent. But of course, not everyone knows how to use other people's money to make money. Many are mortgaging their equity to buy depreciating assets or finance expenses. Pitiful situation to be sure.
      View article »