American vision, Citizen responsibilty, Leadership, Learn, understanding economic events

Everyone can benefit knowing the Basics of Finance

Chrysler-Fiat to head to Supreme Court  “A group of Indiana pension funds has made a last-minute effort to block Chrysler’s deal with Italian automaker Fiat.” reports Money.CNN
Useless panic, worry and too late in the game is painful display of poor me. Asking to correct  neglected assets because no one did know how.
One reason why I write this blog, progress: Address a lacking essential life skill, Market skills that is. As participating clients of the pension funds around the globe we have a poor understanding of ‘The How’ when chicanery or dishonesty of our leaders affect retirement funds bottom line.
To prevent losses to crime and accidents we spend enormous time, money and resources to protect our mundane possessions and have organized layers of law enforcement.
We trail in doing the same to protect our retirement nest eggs. In other words basic working knowledge of the Stock Market.
This over sized scope and magnitude of the present crisis is the result of our past attitude. Properly armed with financial facts and honest attitude the bubbles would not have grown perversely everywhere. They would have been contained to smaller pockets of greed and inexperience.    Stock brokers can profit in up or down times since they have necessary life skills to navigate turbulent waters. Skills that allows the individual to control the building of his financial cushion. There are no excuses that work, clearly.
A basic knowledge of the Market and Investments is necessary to effectively stave the forces produced by incompetence or dishonesty. Whether is GM’s refusal to let go of the mentality that they knew what the consumer should buy or the SEC’s inability to press Madoff to produce  and analyze his data or our inability to realize that while the nation workers are been laid off, American jobs being outsourced, manufacturing plants closing yet …  yet there is a Real Estate boom! houses selling for 1/2 million dollars in the same neighborhoods where 15 years earlier they were selling for less than 100 thousand  yet everyone accepted it as normally ideal, we were to busy fighting about political agendas that betrayed the principles of their financing, ironic.
I knew something was certainly wrong with the picture but my lack of smarts in the Financial field prodded me to let smarter folk to proclaim that all is well just spend more, go to college, buy a  house and a boat fill it with cheap Chinese goods with your credit is easy just make goals have ambition and get promoted …find better job …you’ll pay off your loans soon, everybody does it. Whatsa matter you!  This has been the extent of our financial savvy and that of knowing the basic terminology on how to fill the forms for medical insurance, right?!
We can talk about conservatism, balderdash!
This crisis clearly shows we as society have lost conservatism somewhere in the farm. This is where political rhetorical slogans and partisan ideologies crash against the cold reality of cash or lack thereof leaving surprise and emotions insufficient forces to address and correct malfeasance.

Our goal is to learn the language of The Market and become aware of its effects in society, not teach anything.

Markets reported by The Financial Times

FTSE 100 4,376 -1.41% € per £ 1.15 +0.47%
S&P 500 940.09 0.00% $ per £ 1.59 -0.43%
NIKKEI 225 9,866 +1.00% ¥ per $ 98.52 -0.13%
EuroFirst 300 860.24 -1.38% WTI Crude 67.65 -1.15%

Apple [aapl]  chart by Market Club

Today’s comment:
Chrysler-Fiat to head to Supreme Court: “A group of Indiana pension funds has made a last-minute effort to block Chrysler’s deal with Italian automaker Fiat.”   Says a reports from Money.CNN
Useless panic, worry and too late in the game is painful display of poor me. Asking to correct  neglected assets because no one did know how.
One reason why I write this blog, progress: Address a lacking essential life skill, Understanding the Market skills that is. As participating clients of the pension funds around the globe we have a poor understanding of ‘The How’ when chicanery or dishonesty of our leaders affect retirement funds bottom line.
To prevent losses to crime and accidents we spend enormous time, money and resources to protect our mundane possessions and have organized layers of law enforcement.
We trail in doing the same to protect our retirement nest eggs. In other words basic working knowledge of the Stock Market.
This over sized scope and magnitude of the present crisis is the result of our past attitude. Properly armed with financial facts and honest attitude the bubbles would not have grown perversely everywhere. They would have been contained to smaller pockets of greed and inexperience.    Stock brokers can profit in up or down times since they have necessary life skills to navigate turbulent waters. Skills that allows the individual to control the building of his financial cushion. There are no excuses that work, clearly.
A basic knowledge of the Market and Investments is necessary to effectively stave the forces produced by incompetence or dishonesty. Whether is GM’s refusal to let go of the mentality that they knew what the consumer should buy or the SEC’s inability to press Madoff to produce  and analyze his data or our inability to realize that while the nation workers are been laid off, American jobs being outsourced, manufacturing plants closing yet …  yet there is a Real Estate boom! houses selling for 1/2 million dollars in the same neighborhoods where 15 years earlier they were selling for less than 100 thousand  yet everyone accepted it as normally ideal, we were to busy fighting about political agendas that betrayed the principles of their financing, ironic.
I knew something was certainly wrong with the picture but my lack of smarts in the Financial field prodded me to let smarter folk to proclaim that all is well just spend more, go to college, buy a  house and a boat fill it with cheap Chinese goods with your credit is easy just make goals have ambition and get promoted …find better job …you’ll pay off your loans soon, everybody does it. Whatsa matter you!  This has been the extent of our financial savvy and that of knowing the basic terminology on how to fill the forms for medical insurance, right?!
We can talk about conservatism, balderdash!
This crisis clearly shows we as society have lost conservatism somewhere in the farm. This is where political rhetorical slogans and partisan ideologies crash against the cold reality of cash or lack thereof leaving surprise and emotions insufficient forces to address and correct malfeasance.
Todays term:
What Does International Reserves Mean?
Any kind of reserve funds that can be passed between the central banks of different countries. International reserves are an acceptable form of payment between these banks. The reserves themselves can either be gold or else a specific currency, such as the dollar or euro.
Analysys:
What Does Moving Average – MA Mean?
An indicator frequently used in technical analysis showing the average value of a security’s price over a set period. Moving averages are generally used to measure momentum and define areas of possible support and resistance.
Moving Average (MA)

American vision

Pelosi, Cheney, GOP, Dems: just Political Pink Noise

  • Pink Noise exists in nature and has been observed with a systems thinking mind to show in financial systems. Do not allow them to distract you from your Life, stay the course of your family’s goals. Why say family as opposed to personal? Because I strongly believe that the demise of our social institutions and inter-sociability was tipped over by the wave of rational egotism represented in the works of Ayn Rand. When you look at your life what about personal responsibility owed to love of your growing children and aging friends and relatives?

Right now at 12:45 EST:

EQUITY INDEXES

VALUE CHANGE % CHANGE
S&P 500 891.20 2.87 0.32
NASDAQ 1,699.59 4.34 0.26
Russell 2000 480.24 -0.98 -0.20
S&P/TSX Comp 10,019.01 69.42 0.70
Mexico Bolsa 24,137.42 316.16 1.33
Brazil Bovespa 50,548.03 460.70 0.92
  • A few days ago The Washington Post ran an article: Topic A: Is Pelosi in Trouble? where minor pubas of of our political scene attacked and defended Ms. Pelosi. Now to add to the circus Mr. Cheney, our previous vice-president, has become media accessible and is noisily attacking the Speaker of the House, my question is: To what objective is it more important to distract the country from the most important event of our generation? What is so important to the dominant media figures for the GOP to squander our minds, efforts, attention to find solutions to our present economic state in order to talk about an issue that most Americans and probably the world agrees, quietly yes but has worked out in their minds and soul, torture. The repudiation of those policies has been clear and the world has rejoiced: complete overturn of President, Senate, House and now maybe even the Supreme Court. And why haven’t the Democratic leaders asked Ms. Pelosi to step down for that matter what is point to these blog (personal responsibility in the service to your community) why has not M. Pelosi stepped down herself and allow an honorable process. She owes it to he country she has vowed to serve, and they all have made that vow when taking office.
  • We can see and hear the media circus. Also what could be so important to Mr. Cheney? Ego: doubt it, for  those driven to accomplish ego is insufficent fuel for their Ego. Power: He already has it, I mean access to it. Vendetta or Guilt: You need ultra-sensitive feelings for that, doubt it. Control: now that opens questions of who & what.
  • Failing to identify, acquire and meet successfully with targets for one year is part of growing, for one decade is poor leadership from the elders network however to do so for two generations! Man the whole country needs dusting off. How? Friends  do not worry history does that for everyone without failing.
  • There are trillions of dollars to be unleashed in the US alone and also overseas. A new financial map is to revisit the USA. Consider that Cerberus had a critical stake in the owner ship of Chrysler and Black Oak Partners LLC may buy Saturn which I predict is poised for a great future if managed with the will to succeed. Private interests may be the forces that fuel the American Industry.
  • I  remember seeing in CSPAN back in 1991? that then President H. W. Bush had commissioned a study in regards of the competitiveness of the US versus Europe and Japan. The summary said something to the effect that  what handicapped the American Corporations was that they financed their ventures with money from the Market and therefore they had to report profits on the Quarterly basis as opposed to Germans and Japanese who funded their production with Bank’s money therefore not having to reform their goals quarterly and affording the luxury of long term goals.

Lets be aware of the Political Pink Noise but lets not get hypnotized by it.

STAY: Do not allow them to distract you from your Life, stay the course, STAY.

COMMODITY FUTURES

VALUE CHANGE % CHANGE
Oil 60.96 -0.09 -0.15
Gold 958.80 7.60 0.80
Natural Gas 3.53 -0.07 -1.92

MORTGAGE RATES (Rates may include points.)

CURRENT 1 MO. PRIOR
15-YEAR 4.63 4.61
30-YEAR 4.98 4.86
1-YEAR ARM 4.61 4.74