msoori

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    • Sun Nov 30th 10:10 AM
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      Rating: +1 0
      Commented on:
      Pre-packaged Bankruptcy Is GM's Only Option - Barron's
      The reasons for the failure of the American auto industry are
      1) Reliability issues of the 80 gave the worst image of quality and the perception hasnt changed despite the progress.
      2) The US auto industry essentially ignored and failed to capture the immagination and needs of the new genration, making the same ugly basic designs.
      3) Failing to recognize the needs of most immigrants; reliability, good gas milage, cost, and a half good looking design. Next time you get in the car, look at the drivers around you and do a little bit of statistics of your own.
      4) From (2) and (3), the US Auto industry isolated itself to a small segment of an aging "patriotic" population that would only buy American cars, despite its "short commings."

      Given that all these are management short sitedness, do they really deserve the million $ salalries? I think its time to offshore the management, for a change, and use the savings for survival!
      View article »
    • Fri Nov 28th 08:10 AM
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      Rating: +1 0
      Commented on:
      Help the Housing Market with a Buyback Program
      There are additional costs involved in a buy back program as well, such as insurance, upkeep, etc. Maybe a buy back coupled with a lease to own maybe the answer. This way, the govt owned properties get a ROI instead of eating more in upkeep and the people get a chance to buy the property with the option to buy.
      View article »
    • Thu Nov 27th 11:13 AM
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      Rating: 0 0
      Commented on:
      30-Year Fixed Mortgage Rate Chart
      Dropping the interest rates will certainly help, but how low will it go? Bankrate is showing 5.76% for a 30 year fixed and I'm getting e-mails from mortgage consultants claiming 5.375% for a 30 year fixed FHA. I think the rates will have to drop a lot more to bring in new buyers.
      View article »
    • Thu Nov 27th 11:09 AM
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      Rating: 0 0
      Commented on:
      30-Year Fixed Mortgage Rate Chart
      Dropping the mortgage rates will definitely help the housing market, but how low will it go? Bankrate shows 5.6% for a 30 year Fixed and I'm getting e-mails from mortgage consultants claiming 5.375% for a 30 year Fixed FHA. I think it will have to drop a lot more to bring in those sitting on the fence.
      View article »
    • Wed Nov 26th 09:08 AM
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      Rating: 0 -1
      Commented on:
      Service-Based Economy Is Progress? Show Me the Money
      Andy,

      You are correct about the Federal Reserve... but how do we create money backed by gold, when the Federal Reserve owns it, and we are holding pieces of paper that has nothing but a "legal currency"

      Heres the interesting move that discusses these.
      www.zeitgeistmovie.com/

      and the addendum
      video.google.com/video...
      View article »
    • Sat Nov 22nd 09:39 AM
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      Rating: 0 -5
      Commented on:
      Does the Auto Industry Deserve To Be Bailed Out?
      Does that figure of $67-$73 average pay per auto worker with a high school diploma include the multi million $ salaries of upper management that seems to operate with the intelligence of one with a High school diploma as well? If so, it all makes sense now.
      View article »
    • Thu Nov 20th 08:28 AM
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      Rating: +2 0
      Commented on:
      Fed Bank Regulatory Powers: The Dog That Didn't Bark?
      Good article. It looks like the dogs have waited till morning for us to wake up and ask where the bed we were sleeping on is before telling us that we have been robbed. Maybe they didn't want to disturb our sleep and sweet dreams or nightmares... either way its worth giving the dogs a good whacking to do a better job, and definitely no food at night.
      View article »
    • Tue Nov 18th 08:55 AM
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      Rating: +2 -1
      Commented on:
      A GM Collapse Would Signal Hope for Robin Hood
      You people are amazing. When we put a dumb guy in the white house for 8 years no body from finance blogs complained. Not a word. Why should they? When the hen house is handed over to the wolves, I guess they would be happy. Now, all the blogger are coming out everyday, even before the new president takes office. At least have the decency to give him the same chance you have given to Bush, not once, but twice.

      If you have forgotten about the Bush years, read this and the links in it xmplary.blogspot.com/2... If nothing else be happy that self centered, mediocre at best leadership is out the door.
      View article »
    • Mon Nov 17th 21:20 PM
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      Rating: +1 -2
      Commented on:
      Will Obama's Economic Policies Drag the U.S. Down?
      Mr. Jackson, in case you have forgotten the past 8 years, read this and the links it points to xmplary.blogspot.com/2...

      People voted the Republicans because they did nothing but screw this country for the past 8 years, under the guise of fighting terrorism. Republicans cut their own grave stealing from the poor and off shoring their jobs. They have sold not only our future, but the future of our children and the children of our children. At least have the decency to give Obama the chance to fix this mess... a chance you have given to the Republicnas not only for 4, but for 8 years of mediocre, self centered "leadership"
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    • Sun Nov 16th 11:46 AM
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      Rating: +1 0
      Commented on:
      Miserable October Retail Sales: Eye on Oil, Autos and Housing
      Excellent article except for the little comment about the change from $150 to $60 per barrel as proof that energy markets cannot be manipulated. The fact that it went from $60 to $150 to begin with is proof that the energy market HAS BEEN manipulated. The victims of this will attest to it. What we can definitely see is that the sustainability of long term energy manipulation is not possible.
      View article »
    • Sun Nov 16th 11:06 AM
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      Rating: 0 0
      Commented on:
      Bailouts Don't Solve Underlying Problem
      Excellent article. I have to agree with vbierschwale's comments. No one wants to talk about off shoring but to point the finger at every thing else. If the consumer has no way to earn his money, how can you expect to him to pay the bills? Some one forgot about this little thing along the path to making us all slaves.
      View article »
    • Sun Nov 16th 10:27 AM
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      Rating: +1 0
      Commented on:
      Peak Oil's Bell Is Ringing
      This story has been told over and over again that one begins to wander if this is like the boy who cried wolf. How many times have we heard that we are running out of oil to manipulate oil prices? Anyways, all good reasons for investing in alternate fuels to free ourselves from the shackles of oil.
      View article »
    • Wed Nov 12th 08:21 AM
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      Rating: +3 0
      Commented on:
      Number of U.S. Homes With Negative Equity Is Stunning
      It takes a lot of money for a bank to foreclose on a house. Legal expenses, lost interest, repairs, expenses in putting the house back on the market, holding on to an empty house till it sells (insurance for a vacant home is nearly double/triple for that of an occupied home), time spent and so forth. Add to that the fact that the property is worth less than the mortgage... yes, it is in their best interest to modify the loan terms. Does a bank do anything out of the goodness of their heart? ;-)
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    • Sun Nov 9th 21:08 PM
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      Rating: +2 0
      Commented on:
      Insights from a Derivatives Salesman
      This isnt risk management. This is similar to sweeping the dirt unde the rug, or littering the city little by little and now its grown up a huge pile of shit that is being cleaned up at the public expense.

      Any one with half a brain can understand when you keep piling the risk under one carpet, eventually it will have to be cleaned up. I think this was well understood by those who engineered it, knowing fully well that the tax payer would be put to bail out the risk takers. I agree, these criminals should be put in Jail.
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    • Sun Nov 9th 09:56 AM
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      Rating: +5 -8
      Commented on:
      The Reagan Counterrevolution
      You are complaining because you are not going to be allowed to steal from the poor in the future? Everything you speak of has already been done by the current administration over the past 8 years. Have you been asleep during all of this? And now you are looking at your broken crystal ball even before Obama goes into office. If this is not bigotry, what is?
      View article »