Proof "Obamanomics" is working

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Originally Posted by RandomGuy

If you have a good time horizon, make bets now on companies that stand to benefit from higher energy/oil prices.

GE being one, despite their finance arm. They stand to gain massively from growth in wind/solar power, as well as any new nukes.

Coke because it is so globally diversified.

Both offer divendend reinvestment, which provides a good way to keep money working without broker fees or worrying if the market goes down.

I think there is still plenty of stuff out there, if you are looking long-term.

Bet on energy overall, especially oil, getting more expensive. The most money to be made in any market is to get in on a rapidly growing small sector.

Given that humanity gets precious little of our energy today from wind/solar, that sector of the energy market seems to fit the bill. We will likely never really get all, or even most of our energy from such sources, don't believe the hype about that.

BUT

What WILL happen is that as other forms of energy get COMPARATIVELY more expensive, money/capital will flow into renewables, and the proportion of our energy gotten from them will grow. The cool thing about that is that since it starts from such a small base to begin with, it doesn't take much to get some pretty astounding gains.

Personally, if I had to bet the farm, I would bet on concentrating solar thermal, and any company that stands to benefit from "smart grids" and expanding eletrical transmission capacity. (did I mention GE?)

Good luck for whenever you do dip your toes back in.

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Well said, especially about the energy sector. As I mentioned to CG, I think that all of us have to be mindful of the time horizon on our movements, but I think the energy sector has some less volatile aspects than pure oil speculation, and besides the fuel transport element that I like, I think you are right on with a long-term approach to things like expanding transmission capacity.

I enjoy reading your thoughts.

Elizabeth Warren seems pretty credible

http://www.huffingtonpost.com/2010/0..._n_458092.html

http://money.cnn.com/2010/02/04/news...l_real_estate/

http://logisticsmonster.com/2010/02/...te-bubble-2-0/

Just like the housing price bubble, the commercial property price bubble has popped, leaving many commercial property owners underwater and desperate for tenants.

Just like many home owners are walking away, commercial owners are walking away or declaring bankruptcy.

For commercial, it seems 2011-2014 is the window for the crisis.

Elizabeth Warren is one of my current political crushes. Too bad she has no real power.

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Originally Posted by Winehole23

Pitching TARP as a moneymaker is bullshit when over $2T in Fed loans is still opaque.

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So now you want to count losses that haven't even happen yet? get real.

:rolleyes

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Originally Posted by Winehole23

Are you fucking kidding, Dan? You're apologizing for the three card monte here...

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I'm not apologizing for anything, if you want to sit around and be pessimistic by all means help yourself, I'm just saying that there is opportunity in the market and in other appreciable assets out there...I've made a killing...

..by the way, I didn't get burned in the last market collapse cause I was warning everyone for over a year about the housing bubble, the energy bubble, and the market bubble collapse....this time a trillion dollars in further losses, either in commercial or personal property just doesn't scare me...

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My problem now is, what do I do with the redeemed funds?

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Excellent question, now can imagine billion dollar international money-holders saying the same thing? Do they really want to invest their new billions into their own shitty economies?

...we're on the brink of a major expansion, billions in new collected taxes that haven't been accounted for in projected future budgets to pay off debt...

...I'm not saying there won't be pot-holds along the way, there always are, but the fool is he who always follows the major wave...and right now, that wave is pessimism..

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Originally Posted by Nbadan

Excellent question, now can imagine billion dollar international money-holders saying the same thing? Do they really want to invest their new billions into their own shitty economies?

...we're on the brink of a major expansion, billions in new collected taxes that haven't been accounted for in projected future budgets to pay off debt...

...I'm not saying there won't be pot-holds along the way, there always are, but the fool is he who always follows the major wave...and right now, that wave is pessimism..

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So, Dan, are you suggesting some 'Sovereign' funds that would be in good shape because of this? If so, which, for god's sake? I've made some good monies in international funds that were in emerging markets, but you seem to be referring to knowledge of projected future budgets... but I, for one, don't know what they are.

Crumbs for the hungry?

I'm just referring to overall trends that I see, I don't make specific recommendations on this forum...I've made money in real estate, water rights and consulting/mentoring...

jobless recovery, only the rich getting richer, the poor getting poorer

nice

Why the republicans are bitching about this guy is a mystery

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Originally Posted by word

jobless recovery, only the rich getting richer, the poor getting poorer

nice

Why the republicans are bitching about this guy is a mystery

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good point. I don't know the answer, except that they think that they are expected to do so.

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Originally Posted by word

jobless recovery, only the rich getting richer, the poor getting poorer

nice

Why the republicans are bitching about this guy is a mystery

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All expansions are job-less at first, but people are picky bitches, you have it good, think of how your dad and his dad had it...

...I'm willing to bet that there is food in your belly and a nice warm bed waiting..

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Originally Posted by EVAY

good point. I don't know the answer, except that they think that they are expected to do so.

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..they did the same thing to Clinton, it's par for course...

..the GOP wants absolute control, not economic control, but social control...the new right is not fiscally conservative they are theocracists....

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Originally Posted by EVAY

good point. I don't know the answer, except that they think that they are expected to do so.

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Same reason the dems hug his balls. Playground politics. No more, no less.

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Originally Posted by Nbadan

..the GOP wants absolute control, not economic control, but social control...the new right is not fiscally conservative they are theocracists....

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this does appear to be a valid point...very valid point.

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Originally Posted by Nbadan

..the GOP wants absolute control, not economic control, but social control...the new right is not fiscally conservative they are theocracists....

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blah blah blah ....

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Originally Posted by EVAY

this does appear to be a valid point...very valid point.

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It is ? A theocracy ala Iran ? That's what the 'new right' wants ?

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Originally Posted by word

It is ? A theocracy ala Iran ? That's what the 'new right' wants ?

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A Christian theocracy...read up on Michele Bachmann, Sarah Palin and some of the other far right loonies...

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Originally Posted by Nbadan

think of how your dad and his dad had it...

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Yeah, and it was pretty fucking good...by their own telling of it, compared to now. Granted, my dad is 85 and grandfathers are dead but they didn't seem to bitch about it. The depression was a short period in their lives and even that wasn't that bad for them.

We've been duped, by consumerism, to thinking this life we have is all that much better.

It's not. In many ways, it's worse.

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Originally Posted by Nbadan

A Christian theocracy...read up on Michele Bachmann, Sarah Palin and some of the other far right loonies...

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Fucking please ....

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Originally Posted by Nbadan

So now you want to count losses that haven't even happen yet? get real.

:rolleyes

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The losses need to be cleared and counted so values can adjust, and we can get on with our lives. There's no transparency wrt to the shitty risk we took on. We need to know how bad it really is.

Hell, the NY Fed just the other day disclosed tens of billions it secretly provided in the Bear Stearns deal before any authorizing emergency legislation had passed.

Were there other secret, unannounced deals?

How many for how much? What was the collateral? To whom was the money lent?

Get real, Dan. We need to know what our government pawned our fucking future for.

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Originally Posted by Winehole23

The losses need to be cleared and counted so values can adjust, and we can get on with our lives. There's no transparency wrt to the shitty risk we took on. We need to know how bad it really is.

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That what the free market is for....sure there's gonna be losses but they are collateral losses, the asset is still there, give homeowners some time to dump their houses and cut their losses so that the govt doesn't have too...