Wadhamite

Loading...
Symbols:
Authors:
comments18
  • Positive ratings 0
  • Negative ratings -3
  • Net rating -3 or 0 %
Filter comments by:
Highest rated Latest comments
Or filter by symbol:

Latest Comments
18 Comments

    • Tue Nov 18th 16:09 PM
      |
      Rating: 0 -1
      Commented on:
      General Motors Bailout: Consider Other Alternatives
      Is anyone seriously asking where the federal government is getting these $50 billion automotive bailout monies? The government has no money tree, or bank account, or current budget surplus. The money is being newly created, pure fiat, no backing . . . just inflationary and postponing the problem for another generation or two. How would present-day Americans feel if they were still paying out Studebaker or Rambler?

      I'm waiting for the next new car jingle . . . "You've already made the down payment; now come get the rest of your car." Unfortunately, it may be no joke.
      View article »
    • Mon Nov 10th 18:00 PM
      |
      Rating: 0 0
      Commented on:
      Early Stimulus Wears Off
      Does anyone have a firm number on AIG policyowners and how much loss there is per policy? Perhaps some perspective would help us react to such gut-wrenching figures.

      Obviously, there has been some unrealistic pricing. Again, free enterprise should be able to solve this problem -- not government.
      View article »
    • Mon Nov 10th 17:55 PM
      |
      Rating: 0 -1
      Commented on:
      Why the Detroit Bailout Should Include Bankruptcy
      I don't believe the demise of GM or any other automaker would drive prospective buyers away from the product due to warranty concerns. Many of us who have owned vehicles more than 10 years old have already crossed the bridge of no corporate parts support; there is almost always a good third-party network (and lots of junkyards) to fill the gap.

      Bankruptcy is not necessarily a dead end. We still have K-mart stores, for example. And we still have Chrysler after their miseries. Never mind Schwinn bicycles.

      The government has no money trees. When corporate America goofs, corporate America follows free enterprise.

      View article »
    • Tue Nov 4th 16:11 PM
      |
      Rating: 0 0
      Commented on:
      'Big Three' Badly in Need
      Sales are down -- but remember, these are subsidized sales with generous cash-backs or low-interest financings. There's not much profit in them. However, for a number of years the econo, simple car has been virtually unavailable (a la Geo Metro or even the original VW Beetle); and in a severe recession, that's the kind of vehicle consumers can afford. Even an econo box like a Smart Fortwo has multiple computers, air bags, and styling options that simply make it more expensive. I fear the day when China produces what Americans really want, at an affordable price, and clean out the market. Does anyone really doubt that it will happen?
      View article »
    • Tue Nov 4th 16:02 PM
      |
      Rating: 0 -1
      Commented on:
      Ford: Have You Driven a Convertible Preferred Lately?
      This option sounds okay; but it doesn't do much for holders of Ford common stock, who have seen the value plummet over the past few years. An investor in common stock has little option but to hold on, since selling today would guarantee a loss. There are far more holders of common stock than this preferred. I would rather see Ford reward its common stockholders in some tangible manner -- granted, that could be tough when quarterly losses are so great.
      View article »
    • Fri Oct 24th 14:43 PM
      |
      Rating: 0 0
      Commented on:
      Impending Inflation? The Global 'New Deal' All but Guarantees It
      It's the "money printing" part that alarms me the most. Bottom line is, fiat currencies will wither. And, what do we carry in our wallets or store in our checking accounts? -- almost all of us?

      Real value, like commodies or wealth in the ground, are fine for long-term wealth accumulation. But what about the day-to-day or month-to-month stuff? That's where the current economic crises seem to hurt the most.
      View article »
    • Thu Oct 23rd 17:21 PM
      |
      Rating: 0 0
      Commented on:
      Activity Update: Why I Bought Shares of Imperial Oil
      Imperial Oil is a good company. It is a dominant player in Canada and, as noted, is an affiliate of ExxonMobil. I'm tempted to make a similar purchase; however, since ExxonMobil owns 60 percent, there's no real individual voting power.

      View article »
    • Fri Oct 17th 15:06 PM
      |
      Rating: 0 0
      Commented on:
      Will Oil Stocks Stay This Cheap?
      No, they won't stay this cheap. Buy now while they are on sale.

      View article »
    • Mon Oct 13th 20:33 PM
      |
      Rating: 0 0
      Commented on:
      Exxon Mobil Appears at Lower End of Valuation Range
      Consider also that a substantial part of ExxonMobil's capitalization represents "wealth in the ground" and not just price hype. I regard my investment in the company as partly good business and partly a commodity hold.
      View article »
    • Tue Oct 7th 16:01 PM
      |
      Rating: 0 0
      Commented on:
      Big Troubles for the Euro
      Interesting that the Swiss Franc is singled out as a superior currency. Why?
      View article »
    • Tue Oct 7th 15:56 PM
      |
      Rating: 0 0
      Commented on:
      Getting Beyond the Fear Itself
      Yes, there is plenty to be said for good old-fashioned thrift. Not everyone is a credit junkie. It is good to be reminded of some sound companies that are doing fine and will continue to do so.
      View article »
    • Fri Oct 3rd 14:19 PM
      |
      Rating: 0 0
      Commented on:
      The Ups and Downs of Drips
      I am in the ExxonMobil IRA and there are two definite advantages not mentioned in this article. One, ExxonMobil does a bang-up job of communicating, sending quarterly and annual reports and shareholder publications, and obviously appreciates their participants. Two, there is no recurring brokerage commission for additional or periodic stock purchases beyond the dividend reinvestments. My only quibble is an annual $45 administration fee, which is a small percentage of a five-digit portfolio.
      View article »
    • Tue Sep 9th 18:11 PM
      |
      Rating: 0 0
      Commented on:
      Still an Oil Bull, Lame or Not
      Compare oil prices to the DJIA or S&P and they are still strong.

      Commodities are more valuable than fiat currencies. Yes, $250 a barrel is on the way, but oil will hold its value rather than the dollar. It's hopeful but wistful thinking that my salary will rise as quickly as the "price" of oil.
      View article »
    • Thu Sep 4th 18:16 PM
      |
      Rating: 0 0
      Commented on:
      Oil: The Inconvenient Truth
      Where is ethanol in all this? Don't get me wrong, I'm long on XOM and respect world demand and shrinking supply. But I'm not convinced doomsday has arrived. For a price, there will be fuel. It may be less than 100% petroleum derived . . . a lot less.
      View article »
    • Tue Aug 26th 15:05 PM
      |
      Rating: 0 0
      Commented on:
      Keep the Remaining Blue Cross Plans Non-Profits
      I am troubled by the words "regulatory approval" . . . like, who is really in charge? A total free-enterprise system would sort out such conversions and competitions. With regulators, the picture becomes murky in a hurry, and those who want the government out of health care feel increasingly compromised.
      View article »