Well, that didn’t take long. I try to change the top thread once it gets to 100 comments. Easier to manage.
We have quite a conversation going on about money…more specifically, retirement money. There seem to be no easy answers.
Continue on……
199 Thoughts to “Open Thread Sunday, October 17”
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Blogroll
- 9500Liberty
- Bacons' Rebellion Blogspot
- Bearing Drift
- Blue Virginia
- Citizen Tom
- Counts of Monte Cristo. The
- Derecho, The
- Dixie Pig, The
- My Side of the Fence
- My Star Journey
- NARAL Pro-Choice VA Blog
- New Dominion Project
- Nova Common Sense
- NovaTownHall Blog
- One Libertarians's Point of View by Al Alborn
- Pete Candland's Blog
- Potomac Local
- Prince William Muckraker
- PW Conservation Alliance
- PWC Moms
- PWCPolitics.com
- PWCPolitics.com
- Red NoVA
- Shad Plank, The
- She the People
- State of NoVA, the
- The Jeffersoniad
- Townhall
- VEA Daily Reports
- VivianPaige
- WDGolden.com
- You, Me and the Lamp Post
George and Mo,
I’m getting a little suspicious of you two! Your obsession with my identity is getting a little unhealthy!
You’ve seen a lot of polls where the sample group is “everyone” haven’t you?
Post #21, genius!
@Bob Pugh
I can’t remember where I lifted this from, I think it may have come out of a Marsh & McLennan report. It’s a bit dated, but a good illustration of the Eurozone web of debt and I thought you might be interested given the discussion on yesterday’s show.
http://img710.imageshack.us/img710/8162/02marshimagecustom1.jpg
Knowing what I know now, I would have picked the pseudonym “Aqua Buddha”.
Hmmm, I wonder why they call Ohio a bellweather state? I wonder if it could be because they have rural and urban, farming and industry, a generally good mix of people of all different views and persuasions? Hmmm, I don’t know! Bow down to Fox News and Aqua Buddha! They are your lords and masters! Resistance is futile!
This may provide some insite to the problem that folks have begun to react to. My sense is that it is not limited to Obama – and from the WP no less which is going crazy trying to prevent the November massacre
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/18/AR2010101803778.html?hpid=opinionsbox1
@PWC Taxpayer
Good article! “Facts and Science and Stuff!”
@Morris Davis
Moe–you said “teabagging”–Rez is gonna really be upset 😉
@Slowpoke Rodriguez
So I read #21–duh! Interestingly enough Preisdent Obama’s approval rating is the same as that of Saint Ronald two years into office: http://mydd.com/2010/1/6/obama-2010-approval-looks-like-reagans-in-1982
Carter and Clinton had higher approval ratings that Saint Ronald–and Republicans all the way back to Eisenhower.
So there you go genius–duh!
@PWC Taxpayer
Obama does suffer from hoof and mouth disease–proba ly the thing above all else that loses him voters–too intellectual, too aloof, too tightly wound. I agree with Gerson–FDR, very wealth, very aristocratic and very crippled by polio, knew how to connect with the American public. Obama can’t seem to figure that out–I don’t know if it his “handlers” (the problem that Dole and Gore had) or just what it is. Somehow his rather humble beginnings got covered up and perhaps that is the problem–he worked to hard to be seen as a “normal” guy that he overshot the mark and now he can’t figure out how to back off some.
http://online.wsj.com/article/SB10001424052748704631504575531913602803980.html
Why Liberals Don’t Get the Tea Party Movement
Our universities haven’t taught much political history for decades. No wonder so many progressives have disdain for the principles that animated the Federalist debates.
Also of note. Poll finds D.C. elites tepid to tea party http://www.politico.com/news/stories/1010/43748.html
What are you calling ‘for decades?’
I am not sure it has to do with college classes as much as how a person is hard wired.
I might need to come back to this after I read the links.
Too much going on with the blog ….hard to keep up. I am just trying to stay out of the quarreling…too much testosterone.
Furious buying in AAPL this AM. These bears have no teeth. Yogi has a better shot at a picnic basket than these bears have of breaking the market.
@George S. Harris
In later posts, after 21, Moon and I discussed that these polls are kind of useless in that they can be interpreted and construed in a million different ways. Essentially, they can say whatever you want them to say. The ORIGINAL question was about polls that showed people would take Bush back over Obama. You asked me to post the link to the poll, and that’s what I had already done and Squid did again for you. All your points here comparing x’s approval rating here with y’s approval rating there have nothing to do with the fact that these polls are out there (wether or not they actually mean anything). I trust you’ll try harder in the future. Grade: D.
I’m afraid the closest you’ll get to a poll of “everyone” will be in a couple of weeks. I think you’ll like it!
Cato, apple is just scrappy. I am loving it.
Speaking of scrappy, bac has fought its way back from who knows where…the bowels of dispair. I just ditched some. I feel cleaner.
My guru relative told me I should always like the company. I hated BAC.
@Slowpoke Rodriguez
I guess my D is better than your F.
@Slowpoke Rodriguez
Yep, and as I noted in #88, Republicans and Teabaggers are going to find out that they can’t do anything becasue they won’t have enough votes–no super majority, which is now the new simple majority. So all the promises, all threats are not worth the paper they are written on. Yep, I’m gonna enjoy it ’cause people are going to see that nothing = nothing.
@George S. Harris
Gridlock wouldn’t all together be a bad thing. 😉
If the Senate decides to filibuster, the GOP should actually force them to filibuster. Start talking…
Of course, the current crop of GOP would never do that because then THEY would have to put up.
A GOP congress and a Dem Senate. GRIDLOCK! Yay.
Because what is happening now is unsustainable. Shut it all down.
I mean, the current cowards in Congress, and by that I mean the Democrats, couldn’t even present, much less debate and pass, a budget, thereby abrogating their responsibilities under the Constitution.
Technically, the government should be shut down now.
Would we actually miss it?
Oh, and since you’re trying to get a reaction with Teabagger…as the Teabagged, I hope YOU enjoy it. I know I will.
Hope you didn’t spend too much time on this! 🙂
Dollar quite strong today. If it can avoid a gap down on tomorrow’s open then all you folks looking to get into gold positions may get a gift here in the coming days.
Cato, you mean paper gold or real gold?
Testosterone contributors…….
We are attempting to have a blog that resembles civiled debate. Just a reminder.
Ordinarily I don’t interfer with the locker room but….enough!
Cato, tell it to stop. It is kicking my butt.
Paper gold, for a *trade*
Not today, and probably not tomorrow, but I can see a pretty good rally in the dollar unfolding because everyone is short.
Heavy heavy selling going on right now in high volume. These bears ain’t Yogi and BooBoo!
http://www.youtube.com/watch?v=eUk8OuF1C-A
LOL good move dumping BAC Moon 🙂
It’s like the playground at recess!
I don’t know, Moon, back when I worked at Cisco Systems, I used to watch the markets hour-by-hour, day-by-day. It gets old pretty quick…the excitement comes sort of seldom.
I always get a kick out of Shep Smith’s bears. The one on the trampoline is a hoot.
Slow, lap time?
@Cato the Elder
I nearly jumped out of my skin. You are right, that isn’t Yogi!
It feels more like a grizzly.
Slow, you obviously aren’t watching today. It is a major arse whupping on many fronts. Charging bears.
The higher the earnings, the more whup-arse it appears.
Yeah, I’m watching a little bit. I happened to be watching during the “flash crash” a few months back. Now THAT was excitement! Once it hit 1000-point loss, a hush fell over the room, and we all looked around at each other as if to say “OK, this isn’t fun anymore….what’s going on?”
Oh man I remember that. I was talking to my brother on the phone (who recently graduated med school but trades currencies instead). I got to buy AAPL for 220 that day.
I was away from the house that day and I sure am glad. Ignorance was bliss.
Slow, did anyone say oh ______? (your choice)
My first thought was that there had been a terrorist attack somewhere or maybe Israel had bombed Iran or something like that. Once I scanned the news and found this wasn’t the case I started buying stuff.
No good opportunity ever comes along when I have free cash. It is like the howler principle.
We said, in order:
Wow, look at this!
Jeez, this is really getting bad!
Dang, we’re watching history, here!
OK, that’s enough!
Uh-ohh, what’s going on here, somebody pull up the news!
What’s GE at right now?
Buy, buy, buy!!!!
re: GLD look for a range between 126.5 – 125. I think the gold correction will be sharp and short-lived. If you want to be really aggressive you can start building the position at 127.6.
hmmmm….lets see what goes and what stays….or stick with the grey shiny stuff.
Slow, that sounds about right. I miss knowing that profanity wasn’t involved. NOT.
So who bought GE?
@Moon-howler
There is only one dude I work with who swears a lot. Most of us don’t really have a need or reason. I suppose there is a time and place, I just don’t run into that time or place at work very often. Never really thought about it until now.
Oh, I bought a little more. I like GE. Bought it cheap and it pays a little dividend.
God do I wish I held onto my SIRI!
I sold my GE. I sold my SIRI also but it was several years ago. GE paid for some of the apple though. I am doing the dance for a company that makes a mechanical bomb sniffer.
If I saw $1000 melt before my eyes I would have cursed. I know me. WTF.
I loaded up on both GE stock and bonds at the bottom. The bonds were yielding nearly ten percent when many thought GE could go bankrupt. You can’t find any investment-grade bonds yielding anywhere near that now. Fears of bankruptcy were nonsense because only the credit unit was hurting badly and GE had backed Obama to the hilt. He wasn’t going to let them fail. The GE bonds’ yield is now back more in-line with investment grade debt (in other words, low)
I also loaded up on a financials ETF at the bottom. BAC fell yesterday because nobody knows how to read a financial statement. They took a huge accounting write-off as firms do sometimes. It wasn’t related to their core earnings capacity. When firms need to clean up their books they often do it in one big chunk, have one terrible quarterly earnings report, and move on. Aside for the accounting write-off, their earnings grew.
I plan to hold the GE stock and financials ETF for a long time, perhaps forever, and the GE bonds until they mature.
One clarification on bond market investing – when I bought the GE bonds, the price I paid locked in the high yield until they mature. I could sell them for a nice profit now, but instead plan to hold them until maturity because the market offers nothing comparable with the yield I locked in.
Moon – I recall you said the bond market makes your head spin, or something like that.