February 2011
2 posts
The Joke of Electric Cars
Robert Samuelson in Newsweek said that if Obama met his goal of having 1 million electric cars on the road we would save 40,000 barrels of oil. That is 0.2% of the 19 million barrels we use daily.
Chevy hopes to sell 25,000 Volts in 2011.
January 2011
6 posts
“Politicians exploit economic illiteracy”
– Walter Williams
Just Announced - Marathon Oil Splits in Two!!
See Below!
Wall Street, They Get You Coming and Going
Remember, it is all about fees! Wall Street says, “you must grow! Diversify your company, add complimentary business, vertically integrate! We will help you build your company and earn consulting fees while you do it.”
Now Wall Street says, “you must concentrate, specialize in one thing, simply! We will help you split up your company into tiny pieces and bring them public. ...
Xper
Trying mobile post
Kodak is Officially Dead
The last roll of Kodachrome FILM was manufactured Thursday. Kodak started making film for cameras in 1935.
July 2010
2 posts
“If it moves, tax it. If it keeps moving, regulate it. And if it stops moving,...”
– Ronald Reagan
June 2010
2 posts
“the exposures of US banks to Spain, Greece and Portugal were less than 1% of their Tier 1 capital” Andrew Busch
So if a bank in one of these countries goes belly up, remember, Our Banks Are Not Exposed!
“retail-cash outflow from high-yield mutual funds and exchange traded funds...”
– Andrew Busch. (nice contrary indicator)
May 2010
4 posts
“Credit cards are the crack of civilization”
– Mark Fisher
“We are digging up Australia and shipping it to China.”
– Jim Lawrence
April 2010
7 posts
“The premise of the current financial regulatory reform is that the establishment...”
– David Brooks
“Miami, it’s a sunny place with a bunch of shady characters.”
– Rayland Givens, Justified
“In the simplest terms, a machine got built to enrich people for taking really...”
– Michael Lewis
“Is it possible that everything will be OK if we just look the other way long...”
– J. Hussman
March 2010
6 posts
For the month of February, the Federal government took in $108 billion and spent $328 billion, for a total monthly deficit of $221 billion. This marks the single largest monthly deficit reading in the history of the United States.
“People now want to lead a richer life, rather than a life of riches”
– Madelyn Hochstein
Watch
wow.
February 2010
10 posts
“The state of Illinois now spends more on Medicare than it does on Education.”
– Sen. Dan Cronin
“An annual study from Dalbar Inc. found that while the S&P 500 managed to...”
– Why Indiviuals Need Investment Help
“In order to keep unemployment stable, GDP needs to run at a 3.3% growth rate.”
– Gary Shilling
“If the economy creates 150,000 jobs/month, which is more than what it did during...”
– Ned Davis Research
LCD Growth from Corning
“Global consumer demand for LCD televisions and personal computers will be the primary driver behind the company’s anticipated 14% to 22% increase in total LCD glass demand in 2010. Total glass volume for the year could reach three billion square feet. In 2009, the worldwide glass market was 2.45 billion square feet. “The high end of our estimation represents one of the largest volume...
“We will never sell more gasoline in the U.S. than we sold in 2007”
– BP’s CEO, Tony Hayward
January 2010
6 posts
“Of the 7,000 publicly owned companies in the US, dividend cuts in 2009 cost...”
– H. Siverblatt, S&P
“The size of the U.S. labor force ended the year 2009 at the same level where it...”
– BMO Capital Markets
Illinois 9th in Foreclosures
1 in 40 homes in Illinois have received foreclosure filings, that’s 131,000 homes.
Foreclosures have increased 29% from Q3 09 to Q4 09.
If you have lost a job, it now takes over 26 weeks to find a new one (chart coming soon). More under employed people will find it harder to make the mortgage payment.
The picture is not getting prettier.
“the key for the (US dollar) rally in December was a sudden shift in expectations...”
– Andrew Busch
December 2009
3 posts
“It’s not the regulations, it’s the regulators.”
– Jim Rogers
“Deficits are like weeds, when they are small they’re not a problem. When...”
– Andrew Busch, BMO
November 2009
8 posts
