balois

Comment Stream » QQQQ

Comment Stream
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
  • The Presidential Speech, in Context
    Unfortunately can only second what azcaballer and icandoitdon wrote. Spot on.

    As a foreigner, residing abroad, but with longstanding ties to the US and admiration for the American people and the core values of this great country, taking advantage of the recent Dollar blip, I have sold my Tips. I am holding the cash equivalent in Euros, for the time being.

    Why? I ve completely lost faith in anything coming out of Washington at the moment, to the point of instilling fear for the safety of what used to be part of my untouchable nest egg portfolio, Treasury Tips. And President Bush' speech yesterday made it even worse. 700 Billion or not, it does not really matter. For simpletons like me, he can utter anything he wants, trust is gone, I just do not believe this man.

    Have a good day
    Sep 25 05:12 am |Rating: 0 0 |Link to Comment |View article
  • Wake Up America, You’re Sinking
    Wow, User 242513, Why are you still in Holland?

    Btw, professionally I ve spent 15 years resident in the US of A, about 10 y on missions in other parts of the world and since 15 y in Europe. So dont get me started. I may have a big surprise for you: The best and the worst can be found anywhere. Extreme examples galore. Only as far as income tax filing obligation for his citizens and green card holders is concerned, Uncle Sam is tops with his world wide reach.
    I am not so sure what you mean by "European" Health Plan. Any decent employer in France, the UK, Switzerland and so forth will subscribe to extensive private coverage, valid European wide or worldwide, depending. As an individual you can also get additional coverage here www.ihi.com/ (I am not an insurance sales guy and have nothing to do with IHI)
    Aug 12 18:27 pm |Rating: 0 0 |Link to Comment |View article
  • The Dollar’s Excellent Week
    You only need to go back to the year 2000 to see that you need to dole out a whopping 55 % more in US Dollars today to buy 1 Euro. In the past 4 decades, the Dollar lost up to 80 % of its value vs. the Yen, Swiss Franc, Deutsch Mark and then Euro.

    So I suggest you hold your horses and get down to earth before you go all giddy about this mosquito bite size blip of Dollar x-change advance. A juicy mango the Dollar is not – for a very long time to come - unfortunately. Where are you, Paul Volcker!?!

    Have a good day
    Aug 11 17:06 pm |Rating: 0 0 |Link to Comment |View article
  • Is Bernanke Hinting Something About the Fed's Rate Plans?
    Lex Lux writes above:

    “..freely admit to very limited knowledge..”

    Do not despaire - instead you have a full bag of the most precious commodity in the world: Common sense!

    My mother tongue is not English but listening to Uncle Ben, his speech appears to me thinly veiled panic speak. Burning the deck chairs on the Titanic. To keep warm pending the sinking of the ship.

    I never thought I utter these words but why not cutting this agony short and nationalize Wall Street? The American and other people around the world would be grateful. They will have to pay the bill anyway. And government bureaucrats can hardly do worse. And they would be far less expensive. De facto they are in charge now already. One can reprivatize later but in the meantime, this would be a formidable opportunity to do away with arsenals full of weapons of financial mass destruction in control of private armies of mercenaries, posing as “investment bankers”.

    Have a good day
    Jul 08 16:06 pm |Rating: 0 0 |Link to Comment |View article

balois's Comments Stream Stats

  • 15 Comments, 1 , 1
  • Total Comment Stream rating - = 0