fran

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    • Wed Dec 3rd 14:15 PM
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      Rating: 0 0
      Commented on:
      Detroit Calling Washington's Bluff
      the GM employee may not get $72/hour in total hourly benefits, but the total cost of current and past GM commitments require GM to allocate $72/hour for current cost of product. thus, GM is not competitive nor profitable at these levels. it's the current AND legacy cost burden that is unacceptable.

      a question unanswered yet in the ongong debate--

      if the north american part of honda, hundai. toyota, VW, BMW,etc were to have financial problems[equivlent to GM, F], would there be the same bailout support discussed? if not, WHY, as the consequences to the USA economy would be almost the same.
      will we next be discusssing same support for HPQ, IBM, DNA if they hit the same GM, F speedbump. as international corps, why not the same exposure in the future? when/why not clear.

      BETTER THINK IT THRU MR/MS AMERICA. your form of gov't and level of freedom for your children are at risk. DON'T RELY ON THE POLS OR GOV'T APPARATUS OR MEDIA-- they got you this far.

      signed: GERRY MANDER

      On Dec 03 08:36 AM Fcountry wrote:

      > QOUTE:
      > ..."but if assembly line workers are still earning the equivalent
      > of more than $70 an hour, a $20 million CEO package looks downright
      > cheap."
      >
      > When are you people EVER going to get you facts RIGHT? GM's hourly
      > workers DO NOT earn that much per hour...not even with their benefits...Seeking
      > Alpha is starting to sound like a broken record...repeating the same
      > old falsehoods.
      View article »
    • Wed Dec 3rd 10:57 AM
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      Rating: 0 0
      Commented on:
      How Not to Bail Out Detroit
      the issue is not about USA companies being/remaining competitive in the world economy. they are! GM, F are competive at this time in ASIA, S. AMERICA,E. EUROPE/RUSSIA[so we are led to believe]. so are many other corps successful in and outside USA borders. the issue is the ability of GM, F to be competitive in N. AMERICA. should the tax payer hold any responsibility for the obvious problems which have existed with these companies for too long?

      change the scenario slightly--
      should HONDA, TOYOTA, NISSAN, VW, HUNDAI, BMW [the american companies, solely] be granted bailout help in the future by the USA tax payer should they encounter some form of business difficulty? all the reasons cited[many ariculated justifiably by you] would/could be true for them. what of our oter key industries?[HPQ, IBM,DNA, etc]. where and why does the bailout end?

      are we near the slippery slope of SOCIALISM or something worse?

      it is not clear we yet know what circumstance has been loosed by all the gov't actions of the recent months. as citizens/taxpayers/par... we'd better think this through for ourselves and our prodginy. you know you can't trust POLITICIANS/GOV'T--tha... track record got us here!


      On Dec 02 05:01 PM Michigan auto wife wrote:

      > I am writing to share my story, or at least my thoughts. Not because
      > I’m special or different, I do though consider myself very lucky
      > these days to have a job and to have a home and for the time being
      > my husband is an engineer with Chrysler. The auto industry has been
      > very good to us up to this point- it has not been an especially easy
      > industry to be married to but my husband has been with the company
      > for sixteen years and with any luck he will stay there for many more.
      > My husband leaves the house every morning at 6am and goes to work
      > with an unwavering belief that there is a future for this industry.
      > His loyalty is infuriating and awe inspiring at the same time, and
      > it is his loyalty to the people he works with (not a corporate logo,
      > or a balance sheet) that allowed him to make the difficult decision
      > not to take the buyout and to stick with the autos, and more importantly
      > to stick with Detroit. My husband whole heartedly believes that he
      > can be part of the solution, that he can be a part of a turnaround
      > for the American manufacturers.
      >
      > But after the colossal and seemingly never ending “gimme” to the
      > banks and the absolute mess made of TARP it is unconscionable that
      > our government find it acceptable to sit by the wayside while our
      > manufacturing base and the millions of associated jobs- not to mention
      > families- are abandoned at their greatest hour of need.
      >
      > Why are the financial services industries, Citigroup and AIG too
      > big to fail yet the men and women who make up the backbone of this
      > nation are left to fend for themselves? When did manipulating the
      > markets to make a fast buck become more important than manufacturing
      > a quality product?
      >
      > I believe the misdirected backlash against the American autos is
      > pure political posturing that holds American manufacturers to an
      > unreasonable performance standard that allows both the democratic
      > and republican parties to wash their hands of any real responsibility
      > for the economic crisis we’re currently facing. If we want American
      > manufacturers to be competitive globally then maybe our government
      > can do something about the unfair cost differentials (namely pension
      > and healthcare obligations that the almighty European, Korean and
      > Japanese car giants don’t have to worry about thanks to their own
      > government subsidies.) If we want to actually help our national manufacturers
      > we could recognize that “buying American” does not mean leasing a
      > Mercedes made in Alabama, and “being green” does not mean buying
      > a 2900 pound Toyota Prius that has to be shipped from Japan thus
      > leaving a much larger carbon footprint than buying a Ford , GM or
      > Chrysler product made locally. Of course we know this industry needs
      > to do better, but it can’t shoulder the weight of every misstep,
      > misdeed and failed U.S. economic policy in recent history!
      >
      > I want someone in Washington to tell me to my face that this issue
      > is not important enough for the government to step in at this time.
      > I am sure I’m not the only one, I am just one face of the many that
      > make up the American automotive industry.
      View article »
    • Tue Dec 2nd 14:52 PM
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      Rating: 0 0
      Commented on:
      Long Term Fundamental Value of Stocks Smoother Than Prices
      no combustion[warmth] involved. all computer generated digits. many are but promises to guarantee funding. we'll not know all the truth[results] for several years. pick your poison--

      hyperinflation
      hyperdeflation
      three bears[just right]

      hope for the best.


      On Dec 01 06:00 PM sheople wrote:

      > Without going to (still wallowing in my ignorance) his website, I
      > would contend that never before has our nation faced such debt. During
      > the Great Depression, the dollar was still worth money. We could
      > very well be using the money that is being printed as I write this,
      > to burn to keep warm. I don't see that anywhere on the charts. Long
      > live the Federal Reserve.
      View article »
    • Tue Dec 2nd 14:20 PM
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      Rating: 0 0
      Commented on:
      Focusing on Commodity ETFs: Hyperinflation Seems Inevitable
      track the CRB index[or any other long lived multi-commodity index of choice]vs inflation indicator or falling $ value indicator over recent history[25 to 50 yrs]. the answers to questions will be evident.


      On Dec 02 07:31 AM Jack K wrote:

      > Commodities make sense at the right time. But when is the right time?
      > There are any inflationary indicators. Which one is most associated
      > with a rise in commodity prices?
      > M1, M2, M3, gold, oil, food, dollar vs. Once they triple in price,
      > it is too late to buy them.
      > They all have gone up at one point, without significant inflation.
      >
      > What do you think, Keith?
      View article »
    • Mon Dec 1st 15:34 PM
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      Rating: 0 0
      Commented on:
      Gold: The Next Reserve Currency Player
      good question. there are many who have done so for many years--even before and after the birthdate of GLD, et. al. must be reasons. good research project for you to identify all potential pro/con. start with web sites, 321gold, general "google", even SA site under CEF, GLD, SLV. maybe even an SA write-up afterwards.


      On Dec 01 03:33 AM Vancan wrote:

      > I have a second question: Why would anyone buy CEF which is selling
      > at a15% premium over its NAV, instead of buying GLD?
      View article »
    • Mon Dec 1st 15:13 PM
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      Rating: 0 0
      Commented on:
      Gold: The Next Reserve Currency Player
      steve--

      always nice to find a positive/factual viewpoint among the clutter. thanks.


      On Nov 30 09:11 PM The hand wrote:

      > i would be happy if gold became a currency - or even a true reserve
      > currency. however, Saudi Arabia and Bahrain (or the rest of the GCC)
      > do not worry about what happens after oil as there are significant
      > mineral deposits also.
      >
      > arabs are traders and merchants. they will buy gold and silver when
      > they can - but they will be purchasing it privately so not to drive
      > the price up. they will do nothing to drive the value down of fiat
      > currencies.
      >
      View article »
    • Mon Dec 1st 15:02 PM
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      Rating: 0 0
      Commented on:
      Gold: The Next Reserve Currency Player
      please help me understand how a holder of GLD shares can request/receive gold commodity. wouldn't a sale of GLD shares yield fiat currency?


      On Nov 30 09:37 AM relmor wrote:

      > Dont buy the GLD. Its an end game scam. When a rush of investors
      > ever demand there gold, they will be in for quite a surprise. Also
      > could crash any day because of that. Physical gold cant crash. Gold
      > stocks will outperform gold for a while anyway, as the charts are
      > dipicting.
      View article »
    • Mon Dec 1st 14:31 PM
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      Rating: 0 0
      Commented on:
      Bailouts: Unfair to Non-Bailees
      wouldn't your points be as valid and noteworthy without informing us of your tax status[pay $300K]?


      On Nov 30 08:18 PM John77 wrote:

      > As a taxpayer who pays about $300,000 per year to the U.S. Treasury,
      > I am furious about the actions of banks that have received MY money.
      >
      > Firstly, Goldman Sachs is planning a FDIC-insured euro debt issue.
      > If I am going to be insuring their debt issues, it better be to U.S.
      > interests! Furthermore, the banks are profiting from issuance of
      > FDIC-insured corporate bonds. If I am going to take on the FULL risks
      > of issuing these bonds, I want the FULL profit the interest brings.
      > The banks can keep the origination fees. Goldman is also in the bidding
      > for a stake in a German power grid project worth 1 billion Euros.
      > This is after Goldman got $10 billion of OUR money under the TARP.
      > Is that MY money going for this foreign infrastructure project?
      >
      > Secondly, Morgan Stanley just spent 200 million Chinese Yuan to buy
      > a 19.9% stake in a Chinese Trust Bank. I want to know, did MY capital
      > injection of $10 billion dollars into Morgan Stanley help pay for
      > this? If this bank is hurting for capital so much that it needs OUR
      > money, why is that money being spent to buy stakes in foreign banks?
      >
      > Finally, and perhaps most egregiously, Goldman Sachs, Citigroup,
      > and JP Morgan Chase are among banks now profiting from credit-recovery
      > swaps, which are bets on the amount investors may recover from bonds
      > after borrowers go bankrupt. Among the borrowers being bet against
      > is the ailing General Motors.
      > Why do we as taxpayers dole out TRILLIONS of OUR dollars to these
      > banks just so that they can increase THEIR profit margins? The automotive
      > industry is forced to undergo body cavity searches for a measly $25
      > billion, and we continue to dole out TRILLIONS to these banks with
      > no strings attached. DISGUSTING!!
      > John
      > American Taxpayer
      View article »
    • Mon Dec 1st 13:44 PM
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      Rating: 0 0
      Commented on:
      Russia ETF Still Caught in a Tempest
      the russian circumstance sounds much like we may experience, should all our efforts with worthless dollar stuffing into the deflation void fail. will our efforts end in hyper-inflation or hype-deflation, or, if you believe in the three bears[no pun intended], "just right" ?
      View article »
    • Mon Dec 1st 13:25 PM
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      Rating: 0 0
      Commented on:
      The Real Problem? People Are Scared to Spend
      WOW--

      to the first two comments--

      COGNITIVE DISSONANCE??
      View article »
    • Sun Nov 30th 20:42 PM
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      Rating: 0 0
      Commented on:
      How Wall Street Has Failed the Individual Investor
      three truths in life--

      1-a house is a place to live[before and after caves]

      2-markets are unpredictable[since bartering began]

      3-change is inevitable


      our ancestors survived, so are we apt to do the same. the human spirit to struggle/survive/impro... has not changed.

      all of this history before newspapers, radio, tv, etc.

      WHO TOLD US HOW TO GET THIS FAR?
      View article »
    • Sun Nov 30th 19:24 PM
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      Rating: 0 -1
      Commented on:
      How Much Does the Bailout Really Cost?
      we can't know that which is not yet known. someday this type analysis can be performed with valid results. after we've stuffed enough worthless digital dollars into the the void created by an excessively infated[worthless] past economy. stay tuned. for how long i hazard no estimate. what are the odds that it's done correctly? what are the consequences with correct/incorrect stuffing? these are worthy subjects for discussion, as they will affect us greatly.


      On Nov 30 12:45 PM CaptainJJack wrote:

      > Axelrod608,
      >
      > I believe the $130 Trillion number is the total swap market notional
      > amount, which includes not only credit swaps but interest rate swaps
      > and other swaps.
      >
      > Since both sides of the swap are usually counted, and because many
      > of the larger swaps were divided among many counter parties, the
      > numbers you quote WAY overstates the true exposure.
      >
      > I seriously question whether there is a lot of unfunded exposure.
      > I am personally aware of swaps done where Lehman was the intermediary,
      > and as part of transaction, the counter party with losses had to
      > post collateral as losses mounted. The swaps were settled as specified
      > in the contracts even though Lehman was bankrupt.
      >
      > In fact, it was the collateral that took AIG down even though it
      > is not likely that AIG will ever actually have to pay out any losses
      > on many of the CDOs they wrote the credit default coverage on.<br/>
      >
      > So, until I see something otherwise, I do not believe that CDS market
      > is in the trouble you indicate. There certainly are losses, but the
      > losses are being funded and are likely to be paid as the contracts
      > specify.
      View article »
    • Fri Nov 28th 16:50 PM
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      Rating: 0 0
      Commented on:
      Macquarie Infrastructure Trust: Use It Only as a Portfolio Diversifier
      interesting educational material. steve hansen has article in today's SA--re difficulties getting big infra to happen/be effective. basic lesson--understand the realm of one's investments and what's happening in the economic world. thanks
      View article »
    • Fri Nov 28th 16:21 PM
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      Rating: 0 0
      Commented on:
      Investment Ideas for an Inflationary Environment
      JLOUNSBURY59--

      thank you. i had just read the two items by mr hansen in today's SA. i've added you both to "list".

      your response to CHRIS B was also very constructive to anyone with doubts/questions about "what's up in this dilemma". to some, your initial objective [para. 1-this article] is a success.
      View article »
    • Fri Nov 28th 14:06 PM
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      Rating: +1 0
      Commented on:
      Investment Ideas for an Inflationary Environment
      thanks for this very concise summary of what is currently taking place in the world economy--filling a paper void with worthless paper, hopeing we can guess properly on the size of the amounts involved. why can't the various pundits/talking heads be so clear?[could they not really understand? keep the public confused?]

      this is a global problem/action plan. beyond CRB, any other global indicators to watch?
      View article »