SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Strategies & Market TrendsBuy and Sell Signals, and Other Market Perspectives


Previous 10 Next 10 
To: FCom777 who wrote (43052)1/3/2013 11:20:54 AM
From: Kirk ©
1 Recommendation   of 138463
 
Interesting discussion. I don't think it is that complicated. The Fed is saving itself (member banks) by printing money to create inflation so the MBS it buys to save the member banks become valued at par again. That means they need inflation to pump up the housing sector even if it means stealing wealth from savers via inflation and negative real interest rates for anyone with cash. Ron Paul saw this as pure theft and he was run out of the discussion and the subject was taboo in the last election. I've been writing about it for some time on message boards and two investment newsletters saying it is a hidden tax on savers.

Share RecommendKeepReplyMark as Last Read


To: Kirk © who wrote (43073)1/3/2013 11:37:12 AM
From: phlegmish
   of 138463
 
Kirk, I think my handle was Codfish back on 101, not sure now.......
I've intermittently been a subscriber to your service, and have found it wonderfully educational and profitable.

With regards to health care spending and where the real costs lie, it's eye-opening to me that only approx 8-10 % of medicare dollars go to Doctors (they've reduced payments significantly over the years, even as our overhead costs have soared). Payments to medical device makers and prescription drug manufacturers have remained high margin, and there are cases of ridiculous payments for things similar to the $900 hammers that the Pentagon was paying years ago. Hospitals will always do well, as they have a significant lobby, and many not-for-profits have the ability to tax the public via property taxes to either make up any shortfall, or pay for expansions.

As far as pay within healthcare, those who deliver the care are woefully underpaid for what they do. My brother-in law was just laid off from his job as a pharmaceutical rep, and laments not being able to find another job paying $145K (for basically delivering breakfast and lunch to MD's offices), while his wife works as an RN/BSN, pulling 12 hour shifts, working weekends and holidays for barely 1/3 of what he was making. The disparity between those who "do" and those who "sell " is ridiculous.

It's all about contributing the right amount to the right government official...

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: GROUND ZERO™ who wrote (43071)1/3/2013 11:48:02 AM
From: Fintas
   of 138463
 
CEPT many of those who voted them in and keep them in sit to your right, your left. So forget objectivity and just figure out how to furnish the bunker with all the amenities needed to enjoy life.

Here's how I see some of this. An individual had a credit card with 10k limit but had only 500 left on that limit. Rather than pay it down, or find ways to pay it down, the simple solution is. Raise the limit to 25k.

That's what is going on and it's not going to change any time soon.

IMHO

Fintas

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: phlegmish who wrote (43075)1/3/2013 11:54:16 AM
From: Kirk ©
   of 138463
 
Hi Codfish!
Kirk, I think my handle was Codfish back on 101, not sure now.......
I remember.
I've intermittently been a subscriber to your service, and have found it wonderfully educational and profitable.
Thanks for the kind words.
As far as pay within healthcare, those who deliver the care are woefully underpaid for what they do. My brother-in law was just laid off from his job as a pharmaceutical rep, and laments not being able to find another job paying $145K (for basically delivering breakfast and lunch to MD's offices), while his wife works as an RN/BSN, pulling 12 hour shifts, working weekends and holidays for barely 1/3 of what he was making. The disparity between those who "do" and those who "sell " is ridiculous.
Sadly, this is similar to engineering. I remember waiting for the bus to Bart to take me to UC with a friend from high school who was the football QB and still a friend today. We both had high GPAs, played varsity sports and were going to Berkeley.... He told me he was going into business rather than engineering because you get far more money there... selling rather than making.
It's all about contributing the right amount to the right government official...
It is so true. Funny... I watch Boardwalk Empire and 'Treme on HBO and what I take away from those two shows is the big money is from getting government to send tax dollars to your town for "disaster relief" or "building roads" or whatever... so you can siphon off more than actually goes to helping people. Yet, the owners and producers and actors of HBO still support the Dems rather than the Libertarians.... It is like they KNOW what is going on but are either too stupid to do anything about it with their positions or they know they can continue to make more money selling entertainment to those with spendable dollars who won't have those dollars without the corrupt system...

Share RecommendKeepReplyMark as Last ReadRead Replies (3)


To: Fintas who wrote (43076)1/3/2013 12:11:39 PM
From: GROUND ZERO™
   of 138463
 
Individual credit card holders are not able to raise the limit like that... only the federal government could be so stupid and irresponsible...

GZ

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Kirk © who wrote (43077)1/3/2013 12:19:00 PM
From: penthouse mike
4 Recommendations   of 138463
 
The US Congress is no different than the Roman Senate Patronage system 2000 years ago. The elected officials need the support of the wealthy special interests to stay in office. Each member of Congress has a Chief of Staff who controls his calendar. If you are a big employer and employ an expensive lobbyist, they will meet with you early and often. If you represent an interest with little money or followers, then you will meet with the intern while the whale meets with the Congressman.

Every Congressman is a slave to his schedule which is set up by his minions to be full of special interest pleas. His only decision is to decide which special interests will get his support. The banks and big corporations control the lobbyists who are feeding the agenda to Congress, so nothing will change until campaign fund raising laws change.

Share RecommendKeepReplyMark as Last ReadRead Replies (3)


To: penthouse mike who wrote (43079)1/3/2013 1:06:44 PM
From: GROUND ZERO™
   of 138463
 
Excellent synopsis and very well stated...

GZ

Share RecommendKeepReplyMark as Last Read


To: Kirk © who wrote (43077)1/3/2013 1:09:42 PM
From: GROUND ZERO™
   of 138463
 
I think there are a lot of shorts still holding out and hoping for a pull back so they could bail... but, I don't think the market is going to be so generous...

GZ

Share RecommendKeepReplyMark as Last ReadRead Replies (3)


To: GROUND ZERO™ who wrote (43081)1/3/2013 1:15:37 PM
From: Keith Feral
   of 138463
 
If we get another good employment reading tomorrow, higher bond yields will keep pulling the marketr higher.

So far, the debate over the cliff has been a draw as far as the market is concerned. In December, it went from 13,400 back to 12,900 anticipating that a deal would not be done. Now, it's right back where it was in mid December.

If the employment number is bad, I guess we're due for a pullback. Considering 200K private jobs were added last month, I don't see how the jobs numbers disappoint this month. Construction jobs are starting to make a nice recovery.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Keith Feral who wrote (43082)1/3/2013 1:30:28 PM
From: GROUND ZERO™
   of 138463
 
I agree... also, I'm long the U.S. Dollar as of this morning, and I also went short the gold today... gold now looks like it wants to make another leg down, so we'll see... I had a rejected buy signal for gold yesterday, and the gold market still hasn't recovered from that rejection...

GZ

Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10