Jimbo

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    • Wed Dec 3rd 10:49 AM
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      I Would Be More Worried About Global Cooling
      One of the current global warming gurus published a book in 1977 entitled:"The Coming Ice Age". At about that same time, Newsweek magazine, a great contrarian predictor, also trumpeted global cooling on its' cover. My concern is that totalitarian utopians (remember the USSR?) have been reborn as the global warming movement. "Just give us total control of your society and all will be well!"
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    • Wed Nov 26th 13:35 PM
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      Risk of Long Term Deflation Is Low but Growing
      Kudos to jlounsbury59 for a clear headed explanation of the mess we are in. What astonishes me is that Alan Greenspan was once a devotee of Ann Rand of all people!! Our oldest son, who is an accountant and an attorney, says that Greenspan had his head turned by the elite establishment and they blew smoke rings up his lower digestive tract!
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    • Mon Nov 17th 11:02 AM
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      Will Obama's Economic Policies Drag the U.S. Down?
      All these Obama apologists seem to have forgotten the important role the Carter and Clinton administrations played in making banks loan to unqualified home buyers. Long serving members of Congress ,such as Barney Frank, "Kerosene" Maxine Waters, and Chris Dodd ran interference for Fannie and Freddie as they were running the Ponzi scheme. The ineffectual Bush administration made several failed attempts to rein in this excess , to no avail. Unfortunately for Obama! supporters, the public has a short and shallow memory, Six to 18 months into the coming debacle, the public will angrily want to know where is the "hope" and "change".
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    • Sun Nov 16th 19:42 PM
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      What's Oil's Future?
      OBAMA! has publicly declared tar sands oil to be "dirty oil", to use his words. I predict if the extreme inviros, who hold many IOUs on the new administration, get their way, we may experience a severe disruption of the economy because of energy misallocation. Any thinking person knows we have to transition away from dependence on oil, but HOW we do this is critical. The Danes are ahead of everyone on using wind power to supplement their electrical grid, but they clearly state that a grid can only function with a MAXIMUM of 20% from wind. The rest of the grid must come from another source. The energy challenge is complex and I fear that the incoming administration has only simplistic solutions. Of course, the outgoing administration doesn't appear to have had any solutions.
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    • Sun Nov 9th 11:45 AM
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      Energy: A Value Trap - Merrill
      I would like t o know what "insurance machinery" is as well.
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    • Fri Nov 7th 10:30 AM
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      Rating: +1 -1
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      The Honeymoon Is Over: Gauging the Market with an Obama Presidency
      I am with LongOil. I hope Obama! is successful, for all our sakes, but I fear he is a suntanned version of Jimmy Carter. Obama! is about to find that there is no longer a "present" button in the Oral, er Oval, Office. He will have to chose from among only Hobson's Choices. It is going to be an interesting four years. I only hope we survive it.
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    • Wed Nov 5th 10:08 AM
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      Rating: +7 -3
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      Global Markets, Meet President Obama. Now What?
      The infamous Mainstream Media marketed Obama like a new soap product. They deliberately suppressed serious information concerning his previously stated beliefs. They published snarky stories on Sarah Palin. They had better pray that concealed Obama does not emerge. If it does, how will they explain to the gullible, naive public? The great danger is that in selling "Hope and Change" is that if the "change" is worse than the past, "hope" will be discarded and cynicism will take its' place.
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    • Fri Oct 31st 10:50 AM
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      ATP Corporation: A Fraction Worth More Than the Whole?
      I owned it when it was in the 40s. Got badly burned and sold at a loss.
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    • Mon Oct 27th 10:39 AM
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      Cheap Crude: A Flash in the (Oil) Pan
      I concur completely with Mr. Fitzsimmons. I don't know what they have been smoking at WSJ, but it must be really good stuff. George Bush might have been a hero if he had advocated an import tax on hydrocarbon imports from outside North America, but including Columbia( friendly nation that desperately needs our help). This tax should have been STRICTLY committed to developing alternative sources of energy and local sources of petroleum energy. I don't know how old Oster is, but he has a lot of rude learning ahead. A steep rise in oil prices is very much closer. Present prices jeopardize production in high cost, but nearby and dependable sources, in Canada. PGM group metals mines are closing down because they cannot afford to produce at present prices. "High prices cure high prices and low prices cures low prices". Any rational market has to balance cost and price.Any future supply of oil is going to be more costly, and difficult, to produce. We need to have a redundant energy system using wind, geothermal, nuclear, and biofuels. Hydrogen seems as far away as cold fusion. One final comment: George Soros scares the nitrogenous waste product out of me.
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    • Mon Oct 27th 10:00 AM
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      Here's How This Week Could Unfold
      Given the frantic advertisements regarding fuel mileage by most auto manufacturers, I seriously doubt that some unseen "evildoers" have "bought up the patents". I am 79 years old and I recall those rumors being attributed to the oil companies at least fifty years ago. The thesis regarding a financial attack in lieu of a violent terrorist one seems more credible to me. The Bin Ladens of the world are not poor, uneducated victims but rather hold advanced degrees from some of our best institutions, many of whose faculty actually despise the U.S.
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    • Sun Oct 26th 10:04 AM
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      Who Is John Galt? We'll Soon Find Out
      Uh, Elaine baby, you forgot the invaluable contribution made to this mess by Jimmy Carter and "Slick Willy" Clinton in pressing banks to loan mortgage money to bad credit risks. Then there is Barney Franks televised denials that there was ANY problem with Fannie and Freddie after that nasty George Bush tried to rein in the Fannjies and Freddies. George W. and the Republicans self destructed in their desire to get re-elected but the Dimmicrats' culpability is well documented, even if our free, but intellectually dishonest, press is covering up the facts with careful neglect. Please do get in touch with us on January 19, 2010 to review the accomplishments of Saint Obama, Nancy Pelosi, and Harry Reid.
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    • Tue Oct 14th 12:20 PM
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      10 Reasons I'm Glad To Be Doing Business in America
      Message for bosunj: I do not agree with Mr. Suinshine on several issues and see many faults with this country. The Congress is perhaps fatally corrupt and the court system has morphed into a legislature, among other things. But you seem to have a pathological hatred of the U.S. The Left is NOT being stifled; we are about to elect the most radically left president in our history along with a very left Congress. If you are a resident of this country, or a citizen, you should put your money where your mouth is and LEAVE. I am disgusted by people who live under the relative advantages and freedoms we still have while groaning, moaning, and bitching about what a lousy country it is.Please assure us you live in one of those human paradises such as Germany, France, or Russia, or Zimbabwe.
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    • Sun Oct 12th 12:54 PM
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      Oil Industry: Farewell, Good Old Days
      I concur completely with Sponger. We are totally dependent on hydrocarbon fuels in the years ahead. Alternatives, such as electricity, hydrogen, or bio-fuels, have infrastructure and technical problems to be overcome. You can include political problems as well.
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    • Sun Oct 12th 12:33 PM
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      How Is Inflation Related to CPI?
      I gather that Mr. Katz is implying some form of deflation although he has not used the word. My fear is that we are looking at a form of stagflation. Prices for many goods and services may decline but people may not be able to afford them and state,local, and federal taxes rise to pay for the killer debt.
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    • Fri Oct 10th 20:11 PM
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      Historic Post-Crash Market Returns: How Will This Crash Fare?
      Jake: did your calculations include dividends? I have read elsewhere that when the market bottomed in 1932, dividend paying stocks were yielding 8 to 9%, considering the deflation at the time, that dividend return would have been awesome.
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