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gerald vaughn

Member since: Feb 11th, 2008

gerald vaughn's Latest Comments

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Blog# of Comments
ParentDish1 Comment
BloggingStocks28 Comments
Switched4 Comments
WalletPop4 Comments

Recent Comments:

Bush's last gift to America: Shrinking economy, swelling ranks of unemployed (BloggingStocks)

Oct 30th 2008 11:48AM The Bush administration is a bunch of lieing theiving politicians. This administration has been revising almost every quarterly report months after the bad numbers come in. They do this to make the administration look better and to mislead the public of how bad this economy really is. I don't think I know we are headed into a depression, one that will be very very bad. Just look at AIG and the 130 billion they have borrowed and more loans will be comming. Every one from walstreet to washington is lieing about profits forecast and the like. Don't trust any of the fortune 500.

Wells Fargo not only surviving downturn, but thriving (BloggingStocks)

Sep 21st 2008 8:51PM Screw Wells Fargo and all the banks. All they want is you in debt until you die. Don't borrow any money right now. Let them suffer until rates and terms are resonable. Let the over priced retailers go under. We have the power. Stay away from AIG and Allstate they are the worst insurers I've ever dealt with. All they do is avoid paying claims.

The end for auto parts company Delphi? (BloggingStocks)

Sep 2nd 2008 8:06AM GM is dropping all it's benifits for it's employees soon. They did this by moving the benefits over to adelphi and then dumping adelphi and the benifits so they could make more money. The govt has a loop hole that makes it all legal.

Animals & Money: Pet owners worry about Nutro after dog deaths (WalletPop)

Jul 8th 2008 12:22AM They should feed this poison to the judges who give these low ball settlements and who send the message that this kind of behavior on the manufacturers part is acceptable.

Teen offers vote for sale on eBay (ParentDish)

Jul 7th 2008 3:56PM If it is illegal to sell your vote then every senator, congressman, and both the president and vice presidentg should be charged to. All they do is take money from special interest groups and lobbyiest to vote a certain way. Screw these prosecutors who need to fight some real crime. This just shows how over paid and underworked these prosecutors are when people are being shot and robbed and this is the best they can do with your tax dollars. If I want to sell my vote I should be able to. This country has gone to the dogs. Their is no freedom of speech or expresion anymore.

Cramer on BloggingStocks: Beware the financial dirty dozen (BloggingStocks)

Jul 3rd 2008 10:38AM Sell all AIG stock before it's to late! Going down down down!

Three common investment mistakes (BloggingStocks)

Jul 2nd 2008 11:13PM Yeh here are some mistakes buying AIG, GM, or starbucks. "AIG won't soon forget me".

Arthur Levitt calls it right on corporate governance reforms (BloggingStocks)

Jul 2nd 2008 7:53PM The sheer power, money, and political connections make it impossible to change the corupt ways Wall Street companies and investors alike do business. The biggest abuser is the banking sector. Getting them to change course is like trying to get the capt of the Titanic to slow down for the iceberg in his path, it is just not going to happen! Until we let 25% of the banks and investment firms tank there will be no change. We need to keep the fed out of the rescue business and let the market take its course. Saving these poorly managed and risky investment portfolios only send the message that change is not needed and the worst extreme is the fed will rescue them.

The truth about dividends (BloggingStocks)

Jul 2nd 2008 7:46PM Dividends are a scam. While the companies who have been dishing them out have been raising cash to cover their butts. The companies use them to entice investors to buy their stocks instead of someone elses and when times get tuff they won't stop the dividends because they know it shows weakness and investors will start bailing, so as everything comes crashing down investors think everything is ok because they are still getting dividends.

Second half looks dark (BloggingStocks)

Jul 2nd 2008 12:51PM We have only hit the tip of the iceburg in the down slide of the stock market. Companies like AIG who will probably lose another 20 billion in the comming months. GM who is bleeding money and building the volt car that doesn't even have a power sorce designed yet. The beginning of the large jumbo loans failing and the beginning of the housing markets that have so far escaped the inevitable down turn. The out of control oil, heating oil, natural gas and food prices. How much do you think the largest spending part of the population can keep up with everything that is sucking their wallets dry faster than an electrolux 12 amp vacum cleaner with overdrive installed? Winter is only a few weeks ahead and just the energy cost in places like the northeast to heat and cook this winter will cost an average of $700 more per house than last year. Gas will add $1200-$2000 more this year and food $800-1200 more per house hold. Don't forget those extra partime jobs everyone gets to help supplement their incomes aren't there anymore because every business is down sizing trying to survive. People who rely on tips have had a 60%+ drop in income. I have cut back my spending 70% just because I saw where we are headed. If I must tell you it is into a depression. Auto sales have dropped faster than Amy winehouse out of a rehab clinic. The auto sales people I suspect have lost 40-70% of their income this year. I have two large auto dealers who aren't even in business anymore just since Jan of this year. Another dealership I used in Texas late last year is also folded shop. We have lost in my estimates from what has been reported at least 1 million jobs so far this year and most of them were jobs that paid 75,000 plus per year plus benifits. This is why you will see a drastic increase in jumbo loan failures through the rest of the year. My friend who owns a business is strugling to pay his bills when just 1 year ago he had more money than he new what to do with. I haven't seen a new house built near me in so long or a temp tag on a new car in 5 months, how can there possibly be a second half recovery. You better put your money in a safe place and cut back all extra expeditures or you will be in trouble my friends.