Comments on: The Bush Administration Has Been the Most Liberal Administration Since Franklin Roosevelt http://www.dailyreckoning.com.au/the-bush-administration-has-been-the-most-liberal/2008/09/22/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Wave_Rider http://www.dailyreckoning.com.au/the-bush-administration-has-been-the-most-liberal/2008/09/22/comment-page-1/#comment-42884 Wave_Rider Thu, 25 Sep 2008 07:51:01 +0000 http://www.dailyreckoning.com.au/?p=3771#comment-42884 So who exactly are we trying to protect ? The Dow went up 4000+ points in 12 months - all those who bought on Buy & Hold can sit & collect Dividends until the price returns in 10 years time - (Hold means Hold). Those who bought on Margin will have been Stopped out ages ago. Those who bought between 7500 & 10000 should have seen the writing on the wall & sold already - who's left ? Big Business .... ? Whatever. Bring back Naked Short Selling - the sooner we get to 6500 > 7500 on the Dow, the sooner we start the recovery - Ma & Pa Kettle are out of the market now - so let the Shorts roll. Make the profit on the way down & buy back in for the next ride to the top picking up your Buy & Hold shares on the way through in 2011. If a company fails, but the business plan is good, then someone else will launch an IPO & re-start the plan - a chance to get in on the ground floor. If the business plan was flawed then "Sayonara buddy" we're safer without you. If bad mortgages through excess credit are the main problem, then rather than us buy them - let the banks file them off-balance sheet - No interest rate increases for 3-5 yrs (a small penalty for them) / amortise the losses as they occur over the next decade back onto the Balance Sheet & transfer the loans back onto their books once the deposit /mortgage reaches 20%/80%. Revert to that 10% Reserve Fund they use to have - inspire confidence in the system - not terror. I would imagine better than 70% of homeowners can still afford their existing mortgage payments and would probably like to stay in the house - and the way the Fed is cutting rates they may even get a rate reduction. The house price will increase again too - it doubles roughly every 7 years - so even after a crash the house will be worth twice what it is now in the next decade. By not injecting a gazillion dollars into the US Market the Dollar doesn't crash (as badly). I'm only a Storeman - so maybe a Master of the Universe could expand on this / shoot it down in flames. So who exactly are we trying to protect ?
The Dow went up 4000+ points in 12 months - all those who bought on Buy & Hold can sit & collect Dividends until the price returns in 10 years time - (Hold means Hold).
Those who bought on Margin will have been Stopped out ages ago.
Those who bought between 7500 & 10000 should have seen the writing on the wall & sold already - who's left ?
Big Business .... ? Whatever.
Bring back Naked Short Selling - the sooner we get to 6500 > 7500 on the Dow, the sooner we start the recovery - Ma & Pa Kettle are out of the market now - so let the Shorts roll.
Make the profit on the way down & buy back in for the next ride to the top picking up your Buy & Hold shares on the way through in 2011.
If a company fails, but the business plan is good, then someone else will launch an IPO & re-start the plan - a chance to get in on the ground floor.
If the business plan was flawed then "Sayonara buddy" we're safer without you.
If bad mortgages through excess credit are the main problem, then rather than us buy them - let the banks file them off-balance sheet - No interest rate increases for 3-5 yrs (a small penalty for them) / amortise the losses as they occur over the next decade back onto the Balance Sheet & transfer the loans back onto their books once the deposit /mortgage reaches 20%/80%.
Revert to that 10% Reserve Fund they use to have - inspire confidence in the system - not terror.
I would imagine better than 70% of homeowners can still afford their existing mortgage payments and would probably like to stay in the house - and the way the Fed is cutting rates they may even get a rate reduction.
The house price will increase again too - it doubles roughly every 7 years - so even after a crash the house will be worth twice what it is now in the next decade.
By not injecting a gazillion dollars into the US Market the Dollar doesn't crash (as badly).
I'm only a Storeman - so maybe a Master of the Universe could expand on this / shoot it down in flames.

]]> By: Ross http://www.dailyreckoning.com.au/the-bush-administration-has-been-the-most-liberal/2008/09/22/comment-page-1/#comment-42844 Ross Thu, 25 Sep 2008 01:16:01 +0000 http://www.dailyreckoning.com.au/?p=3771#comment-42844 Carl, times have changed and you might want to stick to the ISO containers sitting in stacks on a wharf if you want to use 40x8'. US domestic containers are larger and they go on bigger flatcars. The the lesser used non intermodal boxcars are now 50' and 60'. Carl, times have changed and you might want to stick to the ISO containers sitting in stacks on a wharf if you want to use 40x8'. US domestic containers are larger and they go on bigger flatcars. The the lesser used non intermodal boxcars are now 50' and 60'.

]]> By: charles http://www.dailyreckoning.com.au/the-bush-administration-has-been-the-most-liberal/2008/09/22/comment-page-1/#comment-42738 charles Wed, 24 Sep 2008 07:29:09 +0000 http://www.dailyreckoning.com.au/?p=3771#comment-42738 Oh dsylexic You don't want to face the facts so you pretend the numbers are sus, that's ok. Oh dsylexic

You don't want to face the facts so you pretend the numbers are sus, that's ok.

]]> By: Carl http://www.dailyreckoning.com.au/the-bush-administration-has-been-the-most-liberal/2008/09/22/comment-page-1/#comment-42471 Carl Mon, 22 Sep 2008 11:33:18 +0000 http://www.dailyreckoning.com.au/?p=3771#comment-42471 For the last eight years (even further back but to diminished degree) the DTCC has allowed the hedge funds and market makers to short (and naked short) stocks which has resulted in the exploitation of individual investors which are mostly of middle class. The amount approximates $30 trillion from the hedge funds itself. (Perhaps $5 trillion to the hedge fund managers and $25 trillion to their wealthy clients, who mostly must put up one million, or more, to partake in the embezzlement.) Do you understand how the "uptick rule" worked and what happened when it was rescinded? BTW- Think of $30 trillion as 64 trains of 100 boxcars (with 44 boxcars left over) (standard 40 ft. long) each filled 10 feet deep by 8 feet wide with $100 bills denomination. You might write an article about the composition of the Federal Reserve with new new ownership of banking interests making it a global entity and its links to the stock exchanges. Who owns the Federal Reserve now? Carl For the last eight years (even further back but to diminished degree) the DTCC has allowed the hedge funds and market makers to short (and naked short) stocks which has resulted in the exploitation of individual investors which are mostly of middle class. The amount approximates $30 trillion from the hedge funds itself. (Perhaps $5 trillion to the hedge fund managers and $25 trillion to their wealthy clients, who mostly must put up one million, or more, to partake in the embezzlement.)

Do you understand how the "uptick rule" worked and what happened when it was rescinded?

BTW- Think of $30 trillion as 64 trains of 100 boxcars (with 44 boxcars left over) (standard 40 ft. long) each filled 10 feet deep by 8 feet wide with $100 bills denomination.

You might write an article about the composition of the Federal Reserve with new new ownership of banking interests making it a global entity and its links to the stock exchanges.

Who owns the Federal Reserve now?

Carl

]]> By: Karl http://www.dailyreckoning.com.au/the-bush-administration-has-been-the-most-liberal/2008/09/22/comment-page-1/#comment-42464 Karl Mon, 22 Sep 2008 10:55:37 +0000 http://www.dailyreckoning.com.au/?p=3771#comment-42464 The total irony of the epitome of capitalism running to socialism when the going gets tough is utterly hilarious! Marx is spinning in his grave. What's next, China embracing democratic capitalism? Europe embracing Fundamentalism once again? The world's gone mad! The total irony of the epitome of capitalism running to socialism when the going gets tough is utterly hilarious! Marx is spinning in his grave.

What's next, China embracing democratic capitalism? Europe embracing Fundamentalism once again? The world's gone mad!

]]> By: dsylexic http://www.dailyreckoning.com.au/the-bush-administration-has-been-the-most-liberal/2008/09/22/comment-page-1/#comment-42446 dsylexic Mon, 22 Sep 2008 08:31:22 +0000 http://www.dailyreckoning.com.au/?p=3771#comment-42446 Oh charles! apparently you dont read the fine print .clinton's surplus was a sleight of accounting trickery. by moving more items off balance sheet,he was able to show a surplus. there is naivete all around. sigh. Oh charles! apparently you dont read the fine print .clinton's surplus was a sleight of accounting trickery. by moving more items off balance sheet,he was able to show a surplus. there is naivete all around. sigh.

]]> By: charles http://www.dailyreckoning.com.au/the-bush-administration-has-been-the-most-liberal/2008/09/22/comment-page-1/#comment-42442 charles Mon, 22 Sep 2008 08:00:42 +0000 http://www.dailyreckoning.com.au/?p=3771#comment-42442 So they have continued the long Republican tradition of knucklehead policy by the uneducated. Now lets just look at the chart; last president to run a budget surplus; oh look it was Clinton. So they have continued the long Republican tradition of knucklehead policy by the uneducated. Now lets just look at the chart; last president to run a budget surplus; oh look it was Clinton.

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