Wall Street Examiner Newswires

This is a Best of Capitalstool.com repost from the Stool Pigeons Wire by Lugnut, a successful California entrepreneur with European experience. Part of the problem facing European economic integration is that the European social model is expensive and you had different economic “cultures” that funded it prior to integration. Europeans do not spend as...
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This is a repost of a post from Capitalstool.com by Sandy Beach. I know most of the members of this board are active technical traders and not exactly followers of fundamentals and long term value investing. I tend to trade based on technicals as well. But I have to concede even I am shocked...
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Party is coming to an end View the full article
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by Jorma (Capitalstool.com) The debt limit has to be raised because the GDP economy cannot have a + sign if the approximate $1.5 trillion that would not be spent over the next 12 months funded by Treasury borrowing isn’t borrowed and spent. Virtually all the political talk about this is dishonest or ignorant. It’s...
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By Jimi (Stool Pigeons Wire) I long ago set aside four-months’ expenses worth of gold & silver bullion in a home safe. Despite rising expenses, it now covers nine months. I just checked something else. Our taxable brokerage account has long been overweight miners, accumulated back between 2002 & 2004, which I’ve never traded....
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by LimeJuice2 I have a hard time reading Bill Gross anymore, or anyone talking about the US financial system/economy as if it’s a one country closed system rather than a global one. The US economy is moribund because there is no job creation. In fact, using taxpayer dollars to foment, and now trying to...
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“I believe everyone’s grandkids will live in a better world, although the immediate path to progress remains discomforting.” – Stoolie Jimi, The Stool Pigeons Wire. My wife and I welcomed our fifth grandchild, a beautiful little girl, into the world on Thursday. I mentioned this on our Capitalstool.com message board, which brought the usual...
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Why Is Vomiting Bad? By Paul Chugman in response to this NY Times piece. A number of readers have asked me to explain why vomiting is a bad thing; and the truth is that while I’ve alluded to the issue a number of times, I’m not sure if I’ve ever laid out the whole...
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by Jimi Total eurodebacle is in the offing. It’s going to get very hot in Athens before long. What struck me about the reporting on Greece today was that senior officials from Core-Europe said that Greece had not asked for financial assistance. They wanted to make clear that everyone heard the message – like...
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By Heritage Ray FDIC leases almost 151,000 square feet in Schaumburg (Now here’s a growth business) The Federal Deposit Insurance Corp. has signed a short-term office lease for almost 151,000 square feet (more than half the building) in Schaumburg, Illinois to handle receiverships and asset sales for its growing roster of failed Midwestern banks.
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by Pulp Cutter I currently live in Mass, grew up here, and have spent about half my life here. Regardless of who wins, IMO the fact that it’s even this close indicates a major sea change in the US electorate. Mass elects plenty of Republicans in-state (e.g., 4 of our last 5 governors), and...
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By Jorma (Stool Pigeons Wire) December 21, 2009 – The relentless lowering of the top tax rates and capital gains rates and the effective corporate tax rate has been causal of everything the critics of the status quo rail at. Not tangential, causal. This is the ideological divide that cannot be crossed. The free...
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by El Dorado Obama’s economic speech today was a very lame attempt at addressing the turn in public opinion against him, his policies, and his administration. His talk says his administration is no different than Bush, and that the situation, being out of their control, forced them to do ‘unpopular’ things with banks.
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by Jorma (Stool Pigeons Wire) December 7- From the “no shit Sherlock department” comes this groundbreaking opinion from the Bank of International Settlements.
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by Jorma Dec. 1- (The Stool Pigeons Wire) Shares of Goldman Sachs fell this morning on the announcement that its earnings will fall significantly due to expenses related to providing security for its partners and facilities. A $20 billion dollar contract with Homeland Security will be administered by Xe, formerly Blackwater, who will provide...
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The following is a translation of the Bernanke OpEd piece in today’s Washington Paste taken from the pages of our message board.. by Heywood (Wall Street Examiner Forums)Nov. 29-  For many Americans, the financial crisis, and the recession it spawned, have been devastating — jobs, homes, savings lost. Understandably, many people are calling for...
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by Ags Nightmare Nov. 27 (Stool Pigeons Wire) Thing about this decline is Walfart shoppers are about to trample some security guard to max out the plastic buying DVD players, flat screen TV’s and toasters oblivious to the fact there is a global melt down in process.
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by Chicago Bear (Stool Pigeons Wire- 10/30/09) Here’s what they said in the GDP report: The improvement in real GDP in the third quarter primarily reflected upturns in personal consumption, inventory investment, exports, and residential fixed investment and a smaller decrease in nonresidential fixed investment that were partly offset by rise in imports, a...
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By Ags Nightmare Oct. 6 (Stool Pigeons Wire) ” Folks…the bulls can do no wrong…Australia cut rates!!! ( yep he said that )….. just look at Mosaic…they missed by a country mile…sales down, revenues putrid, earnings non existent….but they said things will get better and it’s up huge pre market…everyone is celebrating the demise...
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by Ags Nightmare Sept. 25 (Stool Pigeons Wire)– ” I tell ya folks….bears just can’t get more than a 1 % pullback…and when they do ?…Where is the volume ?!!!….low volumes selloffs..thats not bearish folks”….” Just makes the bulls case stronger…just look at the airlines today folks…that’s all you need to see that the...
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By Sudaca (Stool Pigeons Wire) Stock action is nothing compared to what I’m seeing in EM bond land. The buying frenzy has gotten to a point where it no longer looks like there’s no tomorrow, but instead as if there’s no next five minutes.
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by Spock Sept. 5 (Wall Street Examiner Wire) — Okay, it’s now been a full year since the implosion of Fannie, Freddie, the FHLBs, and the rest of the financial gamblers on the weekend of September 7th-8th, 2008″ So, what’s changed? Or a more appropriate question should be: “What HASN’T changed?” Well, here is...
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by Sudaca September 2 (Stool Pigeons Wire) – Corporate bonds have been the biggest receivers of funds from the money market mountain. Investment Grade credit spreads have tightened significantly this year, but are still historically high. At least that has been the mantra these last few months.
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By Ags Nightmare I don’t think anyone knows whats gonna happen here but every tool the media used in the past two bubbles they are using in this rally. Today’s bear market lasted two hours. The other day…an hour if that. Maybe that means we are getting closer to some sort of pullback.
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By CWD May 11 (Stool Pigeons Wire) What is conspiracy? Hank and Blauplunt or what ever his name is, the Chairman of GS, Timmy G and Friedman and others over a conference call to decide to make GS a bank receiving Tarp money when it became obvious that GS was broke, funneling 180 BILLION...
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by Trader Joe Charlotte, NC (Stool Pigeons Wire) – Bank of America will take over GM at request of the US government. When asked, Ken Lewis, CEO of Bank of America stated, “We think that GM will be a good strategic fit for Bank of America. Along with our forced acquisitions of Countrywide and...
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(Stool Pigeons Wire) by Trader Joe Prepare for the following: Authorized PPIPPIPPIPIPP Buyer (APB) gets approved to buy bank legacy debt and then
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by Mr. Moto There appears to me some substance in the Russia, China and SDRs news. I have been waiting on what opportunity both of them, together, would find for themselves. Not that they are to blame for anything. They must do what is best for them. News has also been that Russia intends...
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by Spock And man, are things getting weird now or what? First, the UK has a failed gilt auction AFTER the BofE promises to backstop the gov’t debt. Then, the U.S. Treasury prices fall for five days straight AFTER the Fed announces their own “Quantative Sleazing” program.
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by Jimbo (Stool Pigeons Wire) Isnt it funny-the FBI is putting people in jail for sub prime mortage fraud while the federal goverment is setting up a scheme to do exactly the same thing – except its perfectly legal.
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