The Cody Word
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    January 2009

January 20, 2009 12:47 AM EST

Happy Hour Big 3 - Bank Monopoly... Begets Bank Monopoly, and You Don't Deserve Welfare Either, OK?!

1. SpokeUp.com bookmark of the day 2. Welfare Banks Are Pure Evil 3. You Don't Deserve Welfare Either, OK?! 1. "We are giving a gigantic monopoly that binds together all the banks in the country, issues to them unlimited paper money from the Treasury on their assets, creates 12 great central banks, and puts a Government board in charge of the whole combination." That was Representative ... read more


January 19, 2009 06:24 PM EST

The Big 3: SpokeUp.com Quote of the Day, The Welfare Banks Are Pure Evil, and You Don’t Deserve Welfare Either, OK?!

1. SpokeUp.com Quote of the Day 2. The Welfare Banks Are Pure Evil 3. You Don’t Deserve Welfare Either, OK?! 1. “We are giving a gigantic monopoly that binds together all the banks in the country, issues to them unlimited paper money from the Treasury on their assets, creates 12 great central banks, and puts a Government board in charge of the whole combination.” That ... read more


January 16, 2009 06:41 PM EST

The Big 3: Whither the Bailout Rallies?, BofA the Beggar, and It’s Cold…So Donate Your Coat

1. Whither the Bailout Rallies? 2. BofA the Beggar 3. It’s Cold…So Donate Your Coat 1. How many times has the market rallied off new bailout news starting with Bear Stearns? And every time you heard the people on TV explain to you how profound each save was and how we’d averted financial disaster. You guys see how meaningless those short-term, misguided stock rallies were? I’d ... read more


January 16, 2009 03:43 PM EST

Weekend Vittles: Someone Better Define "Nationalization" for the FDIC, Behind in the Emails, The Problem with Relative Bailouts, and Market Outlook

* My SpokeUp.com Bookmark of the day: ” FDIC's Bair Says She'd Be `Very Surprised' by U.S. Bank Nationalization”. When the largest bank in the US, Citigroup has taken in half a trillion in welfare and the US government is now telling it what assets to buy and sell and when, including forcing Citigroup to sell its brokerage practice to Morgan Stanley which can pay for it with the ten billion in ... read more


January 15, 2009 12:15 PM EST

Market and Economic and Political Wisdom from Today's New York Post Comic Pages

How I Feel Most of the Time When I Interview Elected Officials from The Socialist Republican/Democrat Regime: Ben Bernanke and Hank Paulson discussing sending welfare to banks so that they can afford to pay back the loans they owe the government: How the babyboomers and the Republican/Democrat/Ivy League regime they've put in charge feel about fiscal responsiblity and personal ... read more


January 15, 2009 11:27 AM EST

Wearing the Trader Hat: Quick Takes on Apple and GE

A couple quick takes on some stocks in the news: Apple -- Let's assume worse case that jobs is going to, heaven forbid, pass away. -  the stock probably drops to the 60s?   Where it'd be a screaming buy for both a trade and especially for the long-term investment.  They have $25 per share net cash and no debt...but in the meantime, remember that right now, Steve's just on hiatus, the ... read more


January 15, 2009 07:20 AM EST

Hanging In There Ain't Much Comfort When You're Near the Top of The Range

Published this intro to the RevolutioNewsletter for subscribers on Monday...you can sign up to get these newsletter intro's which I sometimes publish here and much more in the full newsletter by visiting RevolutioNewsletter.com, btw. Oh man, is the economic and earnings front rough out there.  And the stock market continues to "hang in there". But hanging in there ain't much ... read more


January 14, 2009 11:14 PM EST

Happy Hour Big 3 - Peter Meets Paul, Cerberus Illuminati Screws HRB, Sideline Welcomes Traders

1. Peter Meet Paul 2. Headline of the Day 3. Traders Should Stay Sidelined 1. The Independent Bank of Michigan has gotten $72 million in TARP welfare so far, but they’re not able to lend much out yet because as they tell the NYTimes today – they’re using all of it to shore up its balance sheet and pay back loans to the Federal Reserve. Take from Treasury, give to the FED? This makes ... read more


January 13, 2009 05:45 PM EST

The Big 3: Illuminati: Fight It or Join It, To Be Clear: BofA Is On Welfare, and 2009’s Most Important Market Phrase

1. Illuminati: Fight It or Join It 2. To Be Clear: BofA Is On Welfare 3. 2009’s Most Important Market Phrase 1. How about these politicians who come on here all the time and explain that they voted for TARP despite being against it. Don’t they realize they are saying that they will vote against what they think is right just because some well-connected rich people who advise you say ... read more


January 13, 2009 12:08 PM EST

I'd rather wait to know that the company's actually back able to fully fund itself without welfare before I'd look to buy any of it

GE's the shining beacon of all things American -- industrial, technological, medical, financial, Hollywood-al -- is down 30% in a straight line.  And down another 6% just today. Most traders will tell ya that the stock losing another $10 billion in market cap ain't no big deal, but I think we all know it's not that easy. GE's got GE Capital, and GE Capital is totally levered up and full of ... read more


about this blog

  • Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company. He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."

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