Tag: bailout
Mortgage subsidies: Homes for everybody
Published on February 13, 2009
The government cannot stop itself from creating new bailouts and emergency programs. Absolutely nothing has been remotely successful so far, yet it continues to pump out more garbage. The latest homeowner solution looks great on paper, but so did communism.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I do not know whether I should be shocked, [...]
Don’t blow your paltry share of the bailout
Published on February 12, 2009
Washington is getting ready to hand you a tax break. While the poor and the old are making out like bandits, the working guy is getting fleeced.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I have got to hand it to the Obama Administration. When the nation’s newest leader/pop star ran for office, he made some [...]
Please sir, may I have some more?
Published on January 30, 2009
Maybe it is the decaf coffee the waitress slipped me this morning, but this political environment is getting depressing. Since when does a financial analyst need to be a political expert. Americans don’t know whether to read the Wall Street Journal or Roll Call. Fortunately, there’s TFN.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Here I [...]
Detroit is doing what it does best… lying and losing money
Published on January 29, 2009
The Big Three have shown no signs of improvement, but they sure are pumping out press releases. Need proof of impending doom? Just look at Ford’s (NYSE:F) horrific quarterly report.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It is business as usual for the Big Three. Instead of working on true improvements to an obviously broken [...]
Bad bank, bad bank, whatcha’ gonna do… when they come for you
Published on January 28, 2009
Washington is meddling with free markets once again. It has not even voted on Obama’s huge stimulus, but is already talking about a plan that could add another trillion dollars of taxpayer money to the list of bailout mistakes. Has Obama found the money tree?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The Democrats are in power [...]
Greed and corruption in the name of economic stimulus
Published on January 15, 2009
Our elected officials are up to the same old tricks, threatening the nation’s future in the name of votes. Spending trillions of freshly minted dollars may look like a good idea, but you and I will end up paying for it.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): If the nation’s economy ran on political greed [...]
Easy money and Obama’s hidden tax
Published on January 5, 2009
President-elect Obama may be dumping money from the sky, but his so-called “stimulus” will do little to help the nation’s long-term health. If you are not prepared for Washington’s latest secret tax, this may be your last chance.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): If you think Obama’s proposed $300 billion tax cut will ultimately put more money [...]
Is it the end or just the beginning?
Published on December 31, 2008
We have reached the end of a tumultuous year. Unfortunately, a change in the date does not spell relief for the credit markets. Investors could start the New Year with a nasty hangover.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): We have finally made it to the last trading day of 2008. Unfortunately, there are absolutely no signs that [...]
For General Motors, the news keeps getting worse
Published on December 22, 2008
Many Big Three investors thought the worst was behind them. Unfortunately, they are starting the week off on even more bad news. It turns out, if the government gets its way, they may lose their shirt after all.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The manic-depressive trading activity continues to cause nauseating headaches for the investors [...]
Will the beggars please form a line…
Published on December 22, 2008
I cannot believe the audacity of this country’s beggars. Greedy businessman after greedy businessman is lining up in Washington for a bailout package of their own. The free market will not help them, so now they want assistance in the world of blind politics.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): After the banks got their rescue, the [...]
Detroit bankruptcy: Be prepared buy on the news
Published on December 17, 2008
The odds of a Big Three bankruptcy filing are increasing by the minute. Be prepared to buy shares of suppliers like BorgWarner (NYSE:BW) and Tenneco (NYSE:TEN) on any news of an impending filing. It could turn out to be the best trade of your life.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I wonder how well the [...]
The news for Detroit is not all that bad
Published on December 12, 2008
Some investors are in a panic this morning as news that the Senate shot down the notion of a Detroit bailout. While they are panicking, I am celebrating the return to normalcy. Finally, a dollar is a dollar.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): And here I thought I had a bad night. On the East Coast, we [...]
Why Congress has no business bailing out anybody
Published on December 10, 2008
Two vital marketplace signals are the profits that come with success and the losses that come with failure. When these two signals are not allowed to freely function, markets operate less efficiently. To be successful a business must take in enough revenue not only to cover wages, rents and interest but profits as well.
Going “green” will destroy Detroit
Published on December 8, 2008
The federal government is making a costly mistake bailing out the Big Three. Political pressure has forced the automakers to propose a horrific business plan that will ultimately ensure the automakers’ demise. Detroit is going green with the absolutely worst timing.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): With all of this talk about saving Detroit and [...]
Financial rescues: The blind leading the blind
Published on December 2, 2008
The new Capital Visitors Center was unveiled in Washington today. It was more than $500 million over budget and three years too late. If our leaders cannot manage a building project, how in the world will they save companies like Ford (NYSE:F) and General Motors (NYSE:GM)?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I am not one [...]
Making money: Ford (NYSE:F) hands us 50% gains
Published on December 1, 2008
Ford (NYSE:F) and General Motors (NYSE:GM) are in the hot seat this week. It is not a question of whether they will get their bailout, it is a matter of when they will get it. Fortunately, for investors that followed my advice, the gains are already on their way.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It [...]
Homebuilder bailout: You can’t be serious
Published on November 25, 2008
The bailout frenzy is trickling into almost every industry. If Detroit’s request was not enough controversy, what the homebuilding industry is asking for will surely get your heart pumping.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I am starting to wonder what kind of society we live in. Is there no shame? No honor? Are ethics [...]
Clinton 2.0: Obama adds to his team
Published on November 24, 2008
This is one of the most pivotal times in the nation’s history, yet it is politics as usual in Washington. Obama promised change but is delivering Clinton 2.0. Is he making the right decisions or are we all in serious trouble?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The Bush administration threw its third pitch at a [...]
Citigroup (NYSE:C) bailout hands us huge profits
Published on November 24, 2008
As I told you on Friday, the markets always fix their mistakes. This time it took a little help from Uncle Sam, but Citigroup (NYSE:C) is jumping this morning and our position is up by nearly 60%.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): We are starting the week with some positive news and big-time profits in our [...]
Washington bows: General Motors (GM) and Ford (F) shares soar
Published on November 20, 2008
Our politicians are handing Wall Street a gift today. Shares of General Motors (NYSE:GM) and Ford (NYSE:F) are soaring in price. Will they make good on their word.
By Andrew Snyder
****** Story Update (3:30 PM EST) ****** Congress now tells us that it has put off a vote on any Detroit bailout until after Thanksgiving. It [...]
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