a. palmer jr.

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Macy's' Problems Have Just Begun

bindlepete, maybe Mel Gibson will make a movie about your vision of the future.
Dec 30 00:20 am |Rating: +3 0 |Link to Comment |View article
Lehman Bankruptcy: Crisis Management Via Crisis Export?

I guess that the fact that these big banks are hoarding the money now pretty well proves they didn't need the bailout to start with! The small businesses, retailers, etc. that went and are going out of business are the ones that needed help, and the government wouldn't even consider bailing them out. And I never heard of any $400,000 vacations for retailers this year!!
Dec 29 23:57 pm |Rating: +1 0 |Link to Comment |View article
Madoff Investors Deserve Sympathy, Not a Bailout

As a Lehman investor...er, former Lehman investor, I guess, I find it hard to go along with yet another bailout using my great-grandchildren's money. Part of investing, other than FDIC accounts, is knowing your money is at risk. If our government doesn't recognize that, why not just make every investment, no matter how stupid, FDIC insured?
Dec 29 23:37 pm |Rating: 0 0 |Link to Comment |View article
What Happened to the American Dream?

Another problem could be put squarely on the shoulders of the "little guy" and that is the little guy trying to keep up with his neighbors by borrowing money that he hasn't the means to pay back. We all think we are entitled to a new car and house as soon as we graduate from high school. Earlier generations wouldn't dream of those purchases until they had quite a bit of money in the bank and a decent job. The best thing to happen to us would be for banks to refuse loans to people who can't show means of repayment.
Dec 25 11:04 am |Rating: +6 0 |Link to Comment |View article
Will People Continue to Buy GM Cars?

I don't think people are going to rush down to GM lots, or any other for that matter, until they/we actually need a car. Given the economy that we are faced with, unemployment, etc. it would be foolish for us to buy as we did in the earlier years. GM, Toyota, and others probably should just scale back their production instead of whining that they can't sell all of the 100 million gas guzzler cars they built last year. Toyota had their chance with me last year, but were unwilling to accept a reasonable offer from me (wouldn't go any less than sticker price) and offered me a pitiful amount for my good condition 2000 GM auto. They'll not get that chance again!!
Dec 23 11:23 am |Rating: 0 0 |Link to Comment |View article
Amex, eBay, IBM Most Trusted for Privacy in 2008

I have been a small seller and buyer on ebay and personally have had no trouble at all with ebay or paypal, but the more I read about ebay in articles like this the more reluctant I am to deal with them.
The only problem I have with them currently is with them continually raising the fees. On most of my sales lately the only one making any money is ebay and the shipper. I know this is supposed to be about trust and privacy but I couldn't help but throw that in.
Dec 23 11:04 am |Rating: 0 0 |Link to Comment |View article
Lehman, Forecasting, and the Vix

That sounds illegal.
Dec 23 10:40 am |Rating: +1 0 |Link to Comment |View article
What Will Become of eBay?

We seem to have missed another point why sellers leave ebay, and that is the increasing fees that ebay imposes. Along with the postage increases due to the fuel increase (which didn't go down when fuel prices went down) it just isn't profitable to sell anything on ebay unless you had the merchandise given to you or you stole it!!
Dec 22 19:16 pm |Rating: +3 0 |Link to Comment |View article
Dividend Paying Stocks: You Only Have to Be Lucky Once

I just split my stock money between the highest paying dividend stocks I could find...I'm not sure any stock is "safe".
Dec 22 18:36 pm |Rating: 0 0 |Link to Comment |View article
America the Broke

Does our national wealth also include all the millions the USA has spent on foreign aid to other nations and such giveaways as the Marshal plan, etc. ??
Dec 22 18:20 pm |Rating: 0 0 |Link to Comment |View article
Has Cutting Interest Rates Saved Anyone?

I'm in favor of raising interest rates..a lot. At least people then could put their retirement money in the bank and get something to live on. The way it is now you are practically forced to invest in something else and if you're like me you'll make less money than normal bank interest...unless you invest in Lehman or Madoff, then you won't have anything!!
Dec 20 00:34 am |Rating: +1 0 |Link to Comment |View article
Time for America to Fire First Shot in the EV Revolution

It appears America is hardly going to fire even the second or third shot, let alone first. Smith electric vehicles has trucks of all sizes for sale and in use NOW. I also read about the Chinese, with help from our own Warren Buffett about to mass produce a real nice looking car for sale in USA sooner than we can produce one. I think it might be a plug in hybrid but still better than our efforts. You might check their website on Smith. It is smithelectricvehicles....
Dec 18 13:41 pm |Rating: 0 0 |Link to Comment |View article
New York's Downloaded Music Tax - A Sign of Things to Come

If it keeps going like this they will be unable to tax in a few years; we won't have anything left for them to get. People have said that for years but now I see how that could happen!
Dec 18 12:51 pm |Rating: +1 0 |Link to Comment |View article
Automakers Parable: Follow Up

We've tried to buy American whenever we could, but now it's almost impossible, other than food, to do so.
Dec 18 12:24 pm |Rating: 0 0 |Link to Comment |View article
Corporate Bonds Haven’t Been This Cheap Since 1932

Yeah, my Lehman bonds are looking real good right now. I paid $7000 for one and it's worth an amazing $150!! Right now, corporate bonds is my least attractive investment vehicle.
Dec 16 13:40 pm |Rating: 0 0 |Link to Comment |View article

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Wall Street Breakfast - Sample Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought. Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only. Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week. Oil demand withers. The International Energy Agency warned Friday worldwide oil demand... Email continues...
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Investing Ideas - Sample Seeking Alpha - Investing Ideas Cramer's Picks Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham Long Ideas Utilities Beginning to Generate Interest for Longs by Joe Kunkle The Long Case for Encore Capital by Value Investor Insight 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan Two Global Infrastructure Investment Opportunities in ETFs by Investment U Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham Short Ideas Why Short Sellers Are the Heroes of Wall Street by Investment U Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger Email continues...
Jim Cramer's Picks -
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Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
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