On 02/12/2011 2:49 PM, bpuharic wrote:
On Fri, 2 Dec 2011 12:58:38 GMT, "Haywood Jablomie"
wrote:


On 1-Dec-2011, wrote:

and 3) You relentlessly send your money overseas while
bitching about

meaningless

Yeah, good point, you're right. The decimation of your steel,

dont study much do you? i grew up in pittsburgh. ever hear of it? know
what its big product was, for generations?

oh. steel. the demise of steel had more to do with the use of plastics
in cars (common even in chinese cars) than with anything else

electronics,
capital machinery, auto, machine tools, ship building, stamping, tools and
dies, consumer products, etc. etc. etc. has nothing to do with your future

gee. america has few labor unions than other countries with strong
manufacturing

and i notice you ignored the comment about the euro, didnt you.

your whole argument is that the US is so weak that

everyone wants to bank here.

uh huh

That was so funny. Then why are your banks broke and sucking on our
grand kids futures?

Fact is USA wealth is dissipating fast as government consumption
outweighs economic production.

People like me are moving money out of USA. As fast as we can. Just
reduced my USA holding 34% in fact. Check should be here in 10 days and
going to take more out in January to defer the taxes....

Fact is savvy investors are unweighted in USA.....and why new jobs are
not coming like they used to. Why deal with DC belligerence and denial
of debt? Why risk for such a pathetic return?

The only plays I do on USDs any more are short term opportunities that
carry far less risk. Like 10,000 shares of foreign Seagate at $10.25
and sell them 6 weeks later for $16. Sure beats dog breath USA domest
only crap. Kraft for example, the return isn't worth holding them.

But USA is a zero-bama rate economy. Good part is I am up 17% for the
year. Big tax bills coming in March/April.

Yep, while America bulldozes homes, they build them in Mexico, Costa
Rica, Panama and Brazil. Thinking about getting more stock in
Brazil...a growing economy.

--
All successful people have one thing in common, if even for a moment
they think rationally.