CarlosSlim

Latest Comments
120 Comments

    • Fri Aug 8th 14:34 PM
      |
      Rating: 0 0
      Commented on:
      The Great Bubble of China: Next to Pop?
      "Do you remember the New York Times “reporting” in late June that US planned to attack Iran before Bush leaves office? That’s false, but it sent oil prices skyrocketing."

      How do you know that Bush has no plans to attack? How do you prove someone has no plans?

      And for your information, Bush doesn't leave office until next January.

      Bush is stupid enough to be manipulated by Cheney.

      At the very least, a bombing sorty could be launched in December by Cheney as a big F.U. to the next incoming president in January--which won't be McBush.

      Personally, I hope the Generals in our Air Force and the Israeli Air Force are not crazy enough to actually carry out a nuclear mission against Iran, even if given marching orders by Cheney...
      View article »
    • Wed Jul 30th 14:36 PM
      |
      Rating: 0 0
      Commented on:
      The Fed Is on a Roll
      "This is what has now become necessary to stop the USA from becoming the next Cuba."

      This is ignorant. Cuba has free health care and free education up to PhD.

      I think what you meant was "the next Italy under Mussolini, or the next Germany under the Nazis or the next Russia under Stalin".

      Facism is where Corporations run the Government (aka "Libretarianism&q... Communism is where the Government runs the corporations.

      That does not exist here and never will.

      Take a look at any of the Nordic countries--they are SOCIAL DEMOCRACIES. They have a higher standard of living that the United States. Their economies are doing just fine--much better than ours.

      You've been brainwashed by the GOP Main Stream Media, Bubba.

      View article »
    • Tue Jul 29th 19:50 PM
      |
      Rating: 0 0
      Commented on:
      Another American Money Pit: Infrastructure
      Republicans have been running down the infrastructure for the past 50 years.

      Instead of upgrading, they've been telling the Sheep that "it's your money--we're giving it back to you" and then giving it to The Already Rich.

      Plus, in the past year, they've been looting the treasury giving to The Ultra Rich (who made bad decisions).

      The GOP is a Crime Syndicate, plain and simple. They need to be prosecuted under the RICO laws and forced to either flee to Uraguay or be extradited to the Hague and forced to break rocks on a rockpile until everything is paid back...
      View article »
    • Tue Jul 29th 18:14 PM
      |
      Rating: 0 0
      Commented on:
      Oil vs. Natural Gas
      "Oil vs. Natural Gas"

      False dilemma
      From Wikipedia:

      "The informal fallacy of false dilemma (also called false dichotomy, the either-or fallacy, or bifurcation) involves a situation in which only two alternatives are considered, when in fact there are other options..."

      View article »
    • Tue Jul 29th 18:09 PM
      |
      Rating: 0 0
      Commented on:
      The Failure of John Thain
      Outsource the CEOS to a temple in India!

      Let them throw darts at dartboards loaded with B-school buzz words!

      Now, we're talking some ROI for shareholders...
      View article »
    • Tue Jul 29th 18:07 PM
      |
      Rating: 0 0
      Commented on:
      T. Boone Pickens Dumps His Yahoo Shares
      Was it T. Boone Pickens who rode the atomic bomb down in "Dr. Strangelove"?

      No, wait...that was Slim Pickens.
      View article »
    • Thu Jul 24th 17:38 PM
      |
      Rating: 0 0
      Commented on:
      News Flash: Major Market Turns Aren't Announced In Advance
      There will be a huge spike in ARM mortgage resets in 2010 and 2011.

      The ABX subprime mortgage index does not and will not include the ARM defaults.
      View article »
    • Mon Jul 7th 14:37 PM
      |
      Rating: 0 0
      Commented on:
      How Long Will The WSJ Keep Its Pay Model?
      Why would anyone pay good money for GOP propaganda that Rupert Murdoch has been pushing out of Fox for years? It ain't selling anymore and it's starting to stink like yesterday's fish...
      View article »
    • Wed Jun 25th 20:19 PM
      |
      Rating: 0 0
      Commented on:
      High Likelihood of a Market Crash
      "I will hold my nose and vote for McCain."

      8 more years of Bush policies, GOP cronies packed into all regulatory positions, a DOJ that looks the other way as felonies are being committed, wiretapping Americans illegally, illegal hiring practices...the list goes on and on.

      Yes!

      That is the only possible solution!

      More of the Same that got us into this mess to begin with!

      Now, that's THINKING for yourself!
      View article »
    • Wed Jun 25th 20:13 PM
      |
      Rating: 0 0
      Commented on:
      Is the Fed Being Hawkish Enough?
      *Inflation is caused by too much money in circulation.

      *If the FED raises interest rates, M3 would slowly decrease over time and inflation would decrease...over years, not days, not weeks, not months.

      *Recessions ALWAYS kill inflation. Raising interest rates increases the chance of recession.

      The heroin addicts are never in favor of decreasing their heroin supply, are they?

      Yes, the lack of heroin causes withdrawal symptoms.

      Well, DUH!!!!!
      View article »
    • Wed Jun 18th 19:12 PM
      |
      Rating: 0 0
      Commented on:
      Think Globally, Act Locally
      "In any case the root causes of inflation are not too much money.."

      False.

      I remember reading a historical book in the 1980's about how a single silver mine in Bolivia caused world-wide inflation as far away as China.

      Why?

      Because the [monetary] supply of silver increased greatly and the common person didn't have to trade chickens for whatever, they could use some of the newly minted silver coins now available for the transaction.

      Similarly, a huge quanity of money has been clicked into the world money supply because of the Giant Sh*tpile of slice and dice debt distributed throughout the world--causing....INFL...

      Not to mention that some of that debt has been leveraged 20-30+ times using "sophisicated&quo... finanancial leverage.

      This was done with the full knowledge and blessing of Republicans, including Greenspam.

      Liberals aren't to blame...unless by "liberal" you mean a 30 year old foreign exchange options trader buying a $4.2 million dollar "fix-er-uppper&qu... apartment in London:
      www.nytimes.com/2008/0...
      View article »
    • Tue Jun 17th 14:26 PM
      |
      Rating: 0 0
      Commented on:
      Bioterrorism: Anthrax and Biotech Companies
      "Groups not aligned with countries have used anthrax. Most dramatically, in October 2001, anthrax attacks were perpetrated in the U.S. via the mail, when seven envelopes containing B. anthracis spores were sent through the U.S. postal system. Twenty-two cases of anthrax resulted (11 inhalational, 11 cutaneous), and 5 people died from inhalational anthrax. Investigations into the origin of the attacks are ongoing, and the perpetrator(s) have yet to be identified (source)."

      Since our current government is esentially a political branch of the GOP...

      If the GOP was the source of anthrax (you forgot to note that ALL of the political victims of the anthrax mailings were DEMOCRATS)...

      Why on earth would the GOP investigate itself and turn itself in?
      View article »
    • Wed Jun 11th 00:12 AM
      |
      Rating: 0 0
      Commented on:
      The Push for a Stronger Dollar
      "It's a bluff. In an election year raise rates?"

      Well, it is similar to a high stakes game of poker, but this is no "bluff".

      The Fed is composed of smart people.

      Smart people know who is going to be the next President of the United States.

      And it ain't gonna be another "Fortunate Son".

      Actually, the economy might improve a little in 2009.

      Before it gets worse in 2010-2011.

      Why would it get worse?

      Mortgage Resets.

      And the fact that for the first time in history--this is truly a Global bubble--larger than all previous bubbles combined.

      And it may pop in 2011:
      www.marketwatch.com/ne...

      So, the Fed wants to raise rates soon, while they can, before the megabubble pops.

      Grace, in the last couple of years, I've made a lot of money off of currency and betting the dollar would fall.

      I sold almost all of my dollar shorts and now I'm long UUP.

      The dollar be goin' up....at least for awhile.
      View article »
    • Tue Jun 10th 18:56 PM
      |
      Rating: 0 0
      Commented on:
      John Hussman: Fiscal Policy Is the Key
      It's more complicated than just saying "government spending causes inflation"...

      Inflation can be caused by:

      1) 'Tax Cut and Borrow' economic policies causes "prices to rise to pay for the growing interest on the growing debt".

      2) Trashing the dollar (keeping interest rates artificially low for too long) "causes inflation, as governments will have to deal with differences in the import/export level".

      3) Unneccessary $3 Trillion Wars as "governments must both recoup the money spent and repay the funds borrowed from the central bank. War often affects everything from international trading to labor costs to product demand, so in the end it always produces a rise in prices".
      www.wisegeek.com/what-...
      View article »
    • Tue Jun 10th 18:40 PM
      |
      Rating: 0 0
      Commented on:
      John Hussman: Fiscal Policy Is the Key
      "Government spending is a much stronger determinant of persistent inflation trends than money itself."

      IF this is true, then it probably matters WHAT the government spending is for.

      For example, is the government spending on long-term capital infrastructure improvements that will create a framework for 21st Century "Green" jobs in the coming years?

      Or is the government spending on a endless quagmire with no metrics in place to measure success or failure?

      In other words, is the government throwing trillions of dollars down a rathole rather than improving capital infrastructure?
      View article »