unimpressedpragmatist

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  • New Highs for Jobless Claims
    If the author believes the unemployment figures are bad, now, just wait until The Messiah takes office. If and when he and his syncopates, a.k.a., the Democrat Congress begin their exercise in Marxist stupidity, the unemployment will rival the statistics of the deepest part of the Great Depression under that old socialist, FDR. He didn’t know what he was doing, either, but that didn’t slow him down or deter him from further ruination of the economy.

    Fortunately, the American people of today are just a tad smarter than those who lived in the 1930’s. They may, don’t hold your breath or get your expectations too high, wakeup to their huge errors of the 2006 and 2008 elections and, in 2010, begin the restoration of democracy in a representative government. If their brain cells are, fully, engaged, they will make a clean sweep of the Democrats in the House of Representatives and a partial sweep of those in the Senate. Then, in 2012, they will toss the phony Messiah of change out on his stupid and corrupt backside, continue the cleanup of the Senate, and restore sense and sensibility to the federal government. To do otherwise will spell fini to the United States of America as designed by the Founding Fathers and built by subsequent generations of patriots.

    May God’s will be done.
    Dec 25 15:57 pm |Rating: +1 -4 |Link to Comment |View article
  • Build, Operate and Transfer - How Government Should Stimulate the Economy
    Major Problem with BOT: GOVERNMENT INVOLVEMENT! This situation is exacerbated, today, due to a Democrat President elect and a Democrat dominated Congress. When it comes to business and management issues, the Democrats represent the ultimate in cluelessness.

    This might work under Republican supervision, depending upon who is in the mix. Of course, this assumes the electorate casts out all of the corrupt Republican office holders and elects honest, knowledgeable, and intelligent people to office. The problem with this scenario is the difficulty, if not impossibility, of locating honest, knowledgeable, and intelligent people to run for public office.

    In the final analysis, it is more important to keep government out of the private sector than finding ways to involve them. I cannot recall any successful government intrusion in the world of private business. Additionally, isn’t this called Socialism?
    Dec 11 14:47 pm |Rating: 0 0 |Link to Comment |View article
  • Obamamania vs. Reality Bites: Tensions Establish Historic Short Window
    Obamamainia? More like Obamanation! The man is clueless and completely over his head. He is, as was mentioned in the campaign, an empty suit. His confusion as to "What do I do now that I'm President?" will be the impetus to drive the world into another Great Depression.

    Obama proved his inadequacy in filling the role of President by appointing many, many Clintonistas to his administration. The 64 million idiots who voted him and the ignorant Democrats into office will never realize their error or their stupidity. It takes a logical and pragmatic person to admit the error of his ways and take corrective action. If these groupies had these qualifications, John McCain would have won in a landslide and many of the Democrat know-nothings in the Congress would be seeking employment in the private sector.

    The coming economic catastrophe can be laid at the feet of those who vote emotionally and seek Nirvana (64 million of them). I doubt there is enough bailout money in the universe to right the Ship Of State and heal the economic crisis created by the Democrats (can you say sub-prime?). Add the socialist agenda of Obama, along with his huge tax program, and disaster is assured.

    I wonder how the liberal media will justify their meddling and propaganda blitz of 2008 that had a significant part in the election of the clueless. Then the may not be around much longer. The bankruptcy of the Tribune organization is just the tip pf the iceberg as subscribers are voting with their feet. The New York Times is in desperate straits, also. In TV, MSNBC, CNN, and NBC are, also, teetering on the verge of collapse as their single dimensional programming is and cheerleading for Obama is catching up to them.

    We may not make it as a free and democratic nation to the 2010 elections. But if we do, we had better be ready to toss the stumbling, fumbling, and bumbling Democrats out on their fat butts. In 2012, we must send the Marxist back for rework and elect a conservative to lead and heal the country. Otherwise, the Dark Ages will re-emerge in America.
    Dec 11 02:30 am |Rating: +1 0 |Link to Comment |View article
  • Washington's Foot Dragging on Automaker Bailout Disappoints Markets
    All of the grandstanding in Washington is the result of clueless, hapless, incompetent, brain-dead, stupid, and corrupt Democrats being elected by an equally intelligence-deficient electorate; 64 million to be precise.

    While stumbling in the darkness of moronic decision-making, the Democrat Congress is prone to throw money at all problems and hope they go away. When the more logically thinking Middle Class realizes the direction this bunch of cretins in Congress are taking, they flood them with emails, faxes, phone calls, and screaming to back-off and let things take their normal course. The politicians panic and are frozen with fear that their cushy jobs are in jeopardy and so they react in their normally brainless way – they posture, bloviate, disparage, promise, tap dance, threaten, and do nothing. Meanwhile, the dunces who elected them twist in the wind of uncertainty and probable ruin.

    The dumbing down of America has reached its designed goal of an ignorant and dependent electorate that guarantees life long employment for incompetent politicians. The Founding Fathers are either laughing themselves sick or are in deep mourning.
    Nov 22 14:07 pm |Rating: 0 0 |Link to Comment |View article
  • Will the Fed Actually Raise Rates Next Week?
    A question for the serious investor in today's economy is: How much of the market turmoil is based on reality and how much is self-fulling prophesy?

    As has been indicated by several respected sources, most of today’s stock market collapse can be laid at the feet of ETF’s. Those computer driven programs may be wonderful in an upward directional market but when things are unsettled, these programs cannot think, logically. All they are capable of doing is to react along pre-determined programming. Small and independent investors are unable to bring reason into the market and, thus, it moves in extreme and devastating directions at a pace that defies understanding.

    Until things settle down, I recommend that ETF trading be suspended for an indefinite period. The next major move should ban, permanently, the addled brain politicians’ ability to interfere in the market and business decisions. Let things follow their natural course and allow the chips to fall where they may. Didn’t we learn a thing from the incompetent and brainless interference in business activity by FDR and his fellow socialists in the 1930’s? They took a normal 12 to 18 month disturbance and turned it into a nine-year depression. Left to their bungling and intervention, today’s Washington lamebrains will duplicate this stupidity. After all, they’re Democrats, aren’t they?
    Nov 22 13:42 pm |Rating: 0 0 |Link to Comment |View article
  • Deflation? What Deflation?
    While all of you are analyzing the current economic situation and waxing eloquent with your charts and diagrams, it may behoove you to reacquaint yourselves with the early 1920's and the hyperinflation of the Weimar Republic. While the underlying causes of their hyperinflation were not the same as todays, the results of a clueless Democrat Congress and a Marxist President will get us to the same place.

    The current mess being created by our hapless government will seem like a paradise compared to what will happen after January 20, 2009 as the socialism of America begins.

    I fear for my country and the idiots who are allowed to vote without the mental acuity to separate dreams from reality. Promises and slogans are the stuff of fantasy and ruin.
    Nov 17 16:00 pm |Rating: 0 0 |Link to Comment |View article
  • The Magic Formula's Top 11 Dividend Stocks
    If these are the most attractive dividend stocks in the market, today, I will take money out of stocks and mutual funds and put it into CD's and high interest MM's. At least, my investments will be safe from turmoil and the return will be satisfying and secure.
    Nov 11 14:32 pm |Rating: 0 0 |Link to Comment |View article
  • Economy Loses 240,000 Jobs in October, Defines Obama's Challenges
    If you think things are bad, now, wait until Obama and the Democrat Congress get rolling in late January. With their promises of high and higher taxes, destruction of investment capital and incentives, big government, redistribution, bailouts, draconian cuts in the defense budget, refusal to drill off the coast, dream schemes concerning alternative energy, opposition to increased nuclear power plants, stupidity in foreign relations, programs to combat non-existent man-made global warming, FDR type anti-depression programs that failed then and will fail now, unrestrained socialism, and God knows what else, be prepared for the quick onset of world wide-depression and massive unemployment. And, that’s just in January and early February!

    Once more, in their cluelessness and refusal to deal with reality, the American public has allowed themselves to be conned into believing in will-of-the–wisp solutions to complex problems. And, once more they will pay a horrendous price for their ignorance and believe in fairy tales from politicians.

    God help the American people for they cannot help themselves.
    Nov 09 12:03 pm |Rating: 0 0 |Link to Comment |View article
  • USA: The Biggest Obstacle to Global Banking Regulation
    We fought a revolutionary war to break away from the corruption and staid attitude of Europe. Then, we built the greatest nation in the history of the world. The last thing we need is interference from the rest of the world in our financial structure and their self-interest and desire to destroy us.

    Incidentally, have you noticed that the rest of the world's banking systems are struggling, also with the same problems as ours or worse? And, the standard of living in the rest of the world is far below that enjoyed by the average citizen of the good old and free USA.

    KEEP YOUR LIBERAL ONE-WORLD ORDER IDEAS TO YOURSELF. For inspiration, please note the absence of the USSR and the slow but sure onset of capitalist democracy in the PRC. The world envies and despises our great nation. Never forget It is their fondest hope to undermine and destroy our greatness. This latest move to install international banking regulation here is, just, another attempt to bring about our downfall.

    Oh, yes, please note the socialist Democrats in the Congress are all for this. If you believe in the American way of life and doing business, vote them out on November 4 or watch your country erode into a second rate nation.
    Oct 20 11:48 am |Rating: 0 0 |Link to Comment |View article
  • Muni Bonds Boast Attractive Yields - Barron's
    Munis are no safer than a strong stock. The fiscal condition of most states coupled with the state of the economy and the prospect of an Obama presidency and a Democrat Congress make an investment in their bonds a very risky venture. AAA means, absolutely, nothing in today's hazardous word of investment.

    Personally, I advocate either cashing out of all investments and holding cash or sticking with the tried and true companies and mutual funds and riding out the uncertainty. Even an Obama administration is limited in what it can achieve and the length of time it can survive. The market, always, comes back and the American people will not tolerate a socialist agenda for very long.

    However, Democrat dominated state governments (CA for example) have, already, done irreparable damage to the financial health of their state. Buying their paper, at any interest level, is a crap-shoot, at best, and a stupid blunder at worst.
    Oct 19 15:06 pm |Rating: 0 0 |Link to Comment |View article
  • It Shows: Few In Congress Have Economic Background
    We send the least qualified in our communities to represent us in all elected offices, local, state, and national, so why should this article surprise us? Most of these clowns were failures in the private sector so they opted for elected office to seek their fortunes. That they betray the trust of their constituents is of no concern to them.

    Until the electorate wakes up and decides that enough is enough and they no longer will tolerate chicanery and corruption from public officials, nothing will change and nothing of significance will be accomplished. We the People are to blame for our ineffective and corrupt government at all levels. It is up to us to clean up this mess. November 4 would be a good time to start. Vote NO on all incumbents and all Democrats (for sure). Even is an incumbent is running unopposed, do not vote for him/her! A very small number of votes for a candidate sends a message that their days are numbered, they have no power, and invites good people to run, next time. Try it, you'll like it!
    Oct 02 12:36 pm |Rating: 0 0 |Link to Comment |View article
  • Alternative Bailout Plan: Good and Bad Ideas
    It is evident from several of the comments from respondents that they do not understand mark to market and its destructive effects on a company's inventory values. Mark to market leads to chaos as every sale revalues the inventory creating turmoil of ever changing asset values. No company's balance sheet is worth a damn that changes asset values multiple times each day. This entire concept is ridiculous and antagonistic to good business practice.

    The older accounting practices of LIFO and FIFO lent stability and provable value to a company's assets. Investors had a good feel for their investment under such conditions. Mark to market is an example of clueless Democrat/Socialist do-gooder tinkering in an area they did not understand or comprehend the disaster they were building. Suspending it would give the market and business an immediate boost and restore confidence in the value of a company's assets.

    Of course, if you are a Democrat who backs the Marxist philosophy of Obama, you neither understand the concept nor favor the end of the current crisis. If you are successful in electing the empty suit from Illinois, you will discover what real chaos and catastrophe are.

    As to the bailout, a.k.a., Democrat CMA for supporting the collapse of Fannie and Freddie and accepting bribes in the process, it will be a disaster for the taxpayers as insurmountable debt is piled upon exponentially expanding liabilities. However, the miscreants of Wall Street will retain their homes in the Hamptons and their mid-Manhattan penthouses, increase their personal worth through egregious golden parachutes, and reap billions of dollars in profits as Paulson buys their 20-cent paper for 80 cents. Is that what We the People want? Absolutely, NO!

    Give a cheer and show appreciation to those Republicans and Democrats in the House who stood up for the taxpayers and defied the leadership and self-interested Paulson. They deserve to remain in office in November while the rest of them must be heaped on the worthless debris of history.

    God bless the patriots who protect this nation from its destructive, incompetent, and self-interested representatives in government.
    Oct 01 13:39 pm |Rating: 0 0 |Link to Comment |View article
  • Who Is For and Against the $700 Billion Bailout?
    Washington, as usual, is ignoring We the People. I thought McCain and the Republicans were fighting for us. Instead, it looks as if they were fighting for their piece of the pie.

    The, only, thing that appears to have changed is that the Treasury will have the funding parceled out to them instead of in one lump sum. And, the taxpayers will be stuck with a lot of worthless paper and a huge debt.

    We the People MUST flood Congress and the White House with emails, faxes, and telephone calls expressing our anger and intent to throw everyone, both parties, out of office in November. Then, we MUST do it! Otherwise, the beat goes on and we continue to suffer.

    Bottom line: They are all a bunch for corrupt, self-interested, incompetent fools and are not worthy of our trust or our support. NO on everyone in November.

    When the economy is debated by McCain and Obama in a few weeks, listen carefully and decide which one is more likely to serve this nation and We the People's interests - Not theirs and their Party!

    Remember, Obama is pushing a Marxist agenda that will bring disaster to the economy and the investors with their IRAs. 401-ks, and Roth’s. Vote, accordingly.
    Sep 28 14:09 pm |Rating: 0 0 |Link to Comment |View article
  • Will the Fed Actually Raise Rates Next Week?
    Washington, as usual, is ignoring We the People. I thought McCain and the Republicans were fighting for us. Instead, it looks as if they were fighting for their piece of the pie.

    The, only, thing that appears to have changed is that the Treasury will have the funding parceled out to them instead of in one lump sum. And, the taxpayers will be stuck with a lot of worthless paper and a huge debt.

    We the People MUST flood Congress and the White House with emails, faxes, and telephone calls expressing our anger and intent to throw everyone, both parties, out of office in November. Then, we MUST do it! Otherwise, the beat goes on and we continue to suffer.

    Bottom line: They are all a bunch for corrupt, self-interested, incompetent fools and are not worthy of our trust or our support. NO on everyone in November.

    When the economy is debated by McCain and Obama in a few weeks, listen carefully and decide which one is more likely to serve this nation and We the People's interests - Not theirs and their Party!

    Remember, Obama is pushing a Marxist agenda that will bring disaster to the economy and the investors with their IRAs. 401-ks, and Roth’s. Vote, accordingly.
    Sep 28 13:09 pm |Rating: 0 0 |Link to Comment |View article
  • Ike vs. Refining Capacity and Oil Price
    Let us not forget or diminish the impact of the Democrats in Congress running scared and agreeing to drill off shore. When they took their misguided 5-week vacation, they got their butts kicked by their constituents who are beginning to realize that it's not a good idea to elect Democrats to office.

    Please note that oil is down $4.49 to $96.69, this morning. It appears that IKE did not effect refining as much as the oil wonks wished it would. And, people are using less and less gasoline and diesel as the gouging by Big Oil continues at the pumps. Are we to go into mourning for EXXON, et al as their quarterly profits plunge? Excuse me while I go into hysterical laughter over their situation.
    Sep 15 12:43 pm |Rating: 0 0 |Link to Comment |View article

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