Comments for Colin J. Smith

Comment on Let Greece Default by blue monkey

blue monkey — Sun, 09 May 2010 01:06:59 +0000

Greece and Spain won’t pay back. The only thing Germans can do is:
REPOSSESS 170 Leopard 2AEX Battle Tanks from Greece, and 190 Leopard 2A6E Battle Tanks from Spain.
U.S.A must REPOSSESS 170 F-16 Jet Fighters from Greece, … the rest is gone with the wind …forever …
Greece must stop paying lucrative pensions with borrowed money, reform the free health care system, and cut down, 4 times the military budged.

Comment on Monday Links: by Jeff Smith

Jeff Smith — Tue, 30 Mar 2010 16:25:52 +0000

the stock market actually has a pretty good record of forecasting where the economy is headed….hope that is true this time around.

Comment on The sad, slow death of MySpace.com by Joanne B

Joanne B — Mon, 15 Feb 2010 18:54:26 +0000

Great commentary on Myspace! Ahhh Myspace-you with your terrible UI, banner ads and incredibly tacky user pages. Which is actually not your fault, but the fault of your users for showing us just how incredibly bad their taste in homepage templates are-I love nothing more than when my cursor moves around and a trail of glitter follows it. Crafty.

Poor business strategy is leading myspace to quickly become the geocities of social networking. Anyone crying over geocities not being here anymore? Nope. Wait, is it still here? Who cares. No one will be crying over Myspace fading into the background as well, since we all already quit months, years ago without any tears shed. Despite numerous email attempts from Myspace to come visit and “See what’s new!”, I don’t even care enough to sign into my Myspace account to delete it.

Comment on The “New Normal” and a Jobless Recovery by Jeff Smith

Jeff Smith — Wed, 09 Dec 2009 21:42:00 +0000

Thank you for your insights on The “New Normal” and a Jobless Recovery. These are serious questions and issues. I found David Brooks column “An Innovation Agenda” in the December 8 New York Times to be a program for growth that I think represents a sound and lasting solution. His thoughts dovetail with some of yours.

Comment on Selling us debts that we cannot repay is only postponing the inevitable by Jay Grayson

Jay Grayson — Sat, 05 Dec 2009 03:48:07 +0000

Colin,

FHA has been doing this for many years, typically charging a higher rate than conventional loans and requiring the borrower to pay m.i. (unless there is 20% equity in the property. One thing that we can’t lose sight of is the initial cost of home ownership. Whereas I agree that not everyone with 3.5% down should be allowed to buy a home, there have to be options for home ownership that doesn’t completely drain an individuals funds. Furthermore, with less down, those that are responsible have more of a cushion than a typical convention (more breathing room in case something goes bad).
Just some thoughts

Comment on Selling us debts that we cannot repay is only postponing the inevitable by Jeff Smith

Jeff Smith — Tue, 01 Dec 2009 01:16:49 +0000

a good commentary on this situation…thanks

Comment on Preview of new Frontline Documentary “Obama’s War” by Jeff Smith

Jeff Smith — Fri, 02 Oct 2009 00:41:59 +0000

thanks for posting this preview.

Comment on Social Media Revolution by Miffy Fitch

Miffy Fitch — Wed, 23 Sep 2009 23:57:38 +0000

Wow and cool!

Comment on The military coup in Honduras by Slave Revolt

Slave Revolt — Sun, 09 Aug 2009 14:03:53 +0000

Linda, get a clue. There has been widespread repression in a country where deathsquads once targeted anyone organizing the poor, or being active for social justice.

This is an attack on democracy, plain and simple.

How you would excuse this behavior really reflects badly on the general ethos of US ‘professionals’ (who, by and large, have distinguished themselves are stupid and greedy, as well as incurably racist).

Comment on How much debt is too much debt for the United States? by Jeff Smith

Jeff Smith — Tue, 04 Aug 2009 12:17:51 +0000

David Kotok at Cumberland Advisors has recently written in the same vein. Worth reading.