Comments on: An Intelligence Test for Bankers

By: sierra

sierra — Sun, 26 Jul 2009 16:03:09 +0000

Apple is essentially a consumer products producer; whereas Caterpillar is a basic, modern economic component and necessary to the production of goods…not just “consumer services.”

And, didn’t Apple just make some large downward adjustments to it’s price line of computers????

See, that’s the rub….in this “market” you have to lay off people, cut prices, reduce inventories, less borrowing, lending…so what’s left is the continuing manipulation of “end of quarter” figures; more “footnotes the the bottom line” etc., etc.

Even the “individualistic” view of John Galt couldn’t survive realistically; Ayn Rand’s group eventually had to “communalize” to survive….

By: John and Dagny Galt

John and Dagny Galt — Wed, 22 Jul 2009 18:25:28 +0000

The John Galt Solution is the only solution! Stop funding and forging your own chains and shackles.

Read “Starving The Monkeys” by Tom Baugh today!

Atlas Shrugged, Owner’s Manual For The Universe!(tm)

By: Len

Len — Wed, 22 Jul 2009 07:40:01 +0000

Harry, you should go back to watching Jim Cramer and forget about your insecurities. Rake it in while you can…I for one am very happy for you. However, Bill is no more “calling” for this fall than you are calling the “V shaped” recovery. Calling a spade a spade is what I’d call Bill’s perspective. Try debating some of his points rationally (which you obviously avoid) and see if you can knock any down…I doubt it.

By: Harry

Harry — Wed, 22 Jul 2009 05:34:17 +0000

Why do you continually call for this fall?? Obviously, this is going to be a V recovery. Already is. Why don’t you just acknowledge that and get long equities?? I just don’t get it.

Since I’ve been responding to your letters, I always mention my big long position in Apple. Well, gee whiz, I’m making money hand over fist as you continually call for doom.

It’s easy. Open your eyes, the economy has turned quickly and caught the bears completely off guard.

By: Sparkie

Sparkie — Wed, 22 Jul 2009 04:58:01 +0000

I fear inflation is the only way out of this mess. Dead-beats don’t pay there bills! So the “Empire,” will let inflation ruin our lives. U think they care? 2014 will b hear soon. Bring on the days of Rome!Its the only way 2 destroy watt does’nt work any-more “creative destruction.” And that seems 2 b us. “Socrates,” 1 of the greatest thinkers,philosophers and all round good guys! Once said.”I have met the enemy,and the enemy is us!” Or man is a Wolf on 2 him-self! When BB and his staff say buy Gold, Silver,and Plat. and as much of it as u can,they mean it. Cuz its the only thing Wall Street Bankers and the Empire there in bed with, can’t screw with. Its Con-Proof!!! P S say hi 2 JR 4 me…

By: Timothy

Timothy — Tue, 21 Jul 2009 23:42:06 +0000

“A man without credit might be a freethinker or even a troublemaker. But give him a mortgage and he will show up for work on Monday and vote in the next election.”

Gems like this are why I never miss a column by Bill Bonner.