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Gary Jakacky

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  • Taxi Medallions Are Safe Because Uber Will Implode [View article]
    I always wondered what the legal status of a hitchhiker and his/her driver was in the event of an accident. Fortunately I never had to find out. Seems to be similar issues with UBER.

    And wait until one of your "passengers" vomits all over your back seat (the DO sit in the back seat, don't they? :) )
    Jan 26, 2015. 09:22 AM | 4 Likes Like |Link to Comment
  • Greek stocks drop following election [View news story]
    Beware of gifts bearing greeks!

    Austerity!? What a joke!
    Jan 26, 2015. 08:29 AM | Likes Like |Link to Comment
  • Swiss Central Bank Wizards Wave White Flag [View article]
    In plain English...why hitch your wagon to a stone? Why should the Swiss spend billions holding a peg to a currency dragged down by socialist ratholes like Greece and other peripheral nations?
    Jan 23, 2015. 07:00 PM | Likes Like |Link to Comment
  • King Dollar Comeback [View article]
    Once again Calafia is a voice of reason in a financial universe full of doomsday morons. Exactly how many Seeking Alpha articles will have to be thrown into the trash bin when the market rallies to new highs is beyond count.
    Jan 23, 2015. 10:52 AM | 1 Like Like |Link to Comment
  • The India Story Is Finally Taking Off [View article]
    Excellent article. Keep in mind that India, unlike Japan, is/was not constrained by this "we must be pacifists" crap that infests so much of the emerging world. Keep in mind that, unlike China, it is NOT hemmed in by a natural set of barrier/island littoral which will confine it on the oceans. Keep in mind that its legacy of British Rule allows it to proceed FROM and onward from, the British/Western concepts of private property rights, entrepreneurship, and building of wealth. Finally, no country--not even the USA---dominates its adjacent oceans in the same way that India dominates the Indian ocean.

    If I ruled the world I would immediately throw out a pathetic wannabe washed up power like France OFF THE SECURITY COUNCIL, and put India on instead.
    Jan 23, 2015. 08:54 AM | 11 Likes Like |Link to Comment
  • Comparing Apple And AT&T [View article]
    it is easy to look back forty years and pick winners. Back then it was all mainframes like Digital Equipment and such.
    Jan 22, 2015. 03:15 PM | 4 Likes Like |Link to Comment
  • And Then There Was More Debt, Weaponized Oil And War Expansion [View article]
    The sky is falling! The sky is falling! Our children and grandchildren all have to pay off this debt! How will they do it?

    (1) by receiving the principal when the bonds come due and the interest in the meantime, just like the boomers did with their Greatest Generation bonds.

    (2) by using the asset side of government and individual balance sheets which will have swollen in the meantime: everything from real estate (the Feds own 90% ? of the land west of the Mississippi) to tangible and intangible technology and medical technology assets.

    Thanks to republicans in the house, government finances in the US are the best they have been in decades. Rock on!
    Jan 22, 2015. 01:15 PM | Likes Like |Link to Comment
  • President Obama's Middle Class Economics Stimulus: State Of The Union Address 2015 [View article]
    "Yes ladies and gentleman...please allow me to show you how generous I am gonna be with your money! Please let me steal 300 billion from this nations entrepreneurs and capital creators, and use it to create a still more entitlement society!"

    Thank God for the Republicans in the House.
    Jan 22, 2015. 11:23 AM | 9 Likes Like |Link to Comment
  • 6 Key Elements Of ECB Announcement [View article]
    Woo woo. Central bank yahoos. Can we now get back to producing goods and services that people want and at wages the entrepreneurs can afford? Can we get the Greek public employee unions off our backs? Can the European union start carrying its own weight militarily? Until then.....
    Jan 22, 2015. 10:29 AM | 3 Likes Like |Link to Comment
  • Germany Is Delusional To The Point Of Insanity (And We're Getting More Shorts On) [View article]
    Damn those poor delusional Germans! How dare they be so unintelligent as to not work an extra 10 hours a week so that overpaid Greek government officials can retire at 50 with full benefits! How dare they refuse to accept economic advice from dynamic, growing, intellectually and economically vibrant countries like Spain, Italy, and other "periphery" stars in the socialist universe.

    And don't worry...whatever the "Dragh" queen does, it won't be enough. With government programs, it is never BIG enough or LONG enough.
    Jan 21, 2015. 02:45 PM | 16 Likes Like |Link to Comment
  • What The SNB Should Have Done [View article]
    Thanks for the article, Lars, it is thoughtful and gives some depth to the analysis and Swissie thinking. IN contrast I think it was a good idea on their part, and the only reason there is so much howling is it was so long overdue. The Industrious and politically savvy Swiss should not have to be bucket boys for a tottering and financially profligate EU. The fall in share prices was unfortunate;but I can just as easily blame naive financial executives for failing to hedge their currency exposure as anything else. Here in America to see the Swiss ETF (EWL) jump in value because of the currency offset sent a similar message to our investors: leave the EU to rot.
    Jan 20, 2015. 05:42 PM | 3 Likes Like |Link to Comment
  • China shares plunge on margin-trading ban [View news story]
    Excellent I shall sleep soundly and happily in my deep woods cabin. Nothing brings a cheer to my heart more than the collapse of autocratic nanny states from Athens to Beijing. May the US and Switzerland benefit for flight capital!
    Jan 19, 2015. 08:54 PM | Likes Like |Link to Comment
  • The Federal Gas Tax Should Be Eliminated [View article]
    Belated congratulations to all SA readers of this article. To my knowledge the gas tax increase is off the table. Now we can turn our attention to Barack Obama's latest attempt to be generous with other peoples' money, the $320 billion in taxes he will propose tomorrow.
    Jan 19, 2015. 07:26 PM | Likes Like |Link to Comment
  • The U.S. Has Become An Industrial Powerhouse [View article]
    Strong dollar in the Reagan years and i'll take that decade over this one ANYDAY. Congratulations to the Swiss for jumping the socialist ship of Europe before all the other rats!
    Jan 19, 2015. 07:05 PM | 4 Likes Like |Link to Comment
  • Cheap Oil Prices Do Not Benefit The Economy [View article]
    No wonder people think economists are so pathetic. HIGHER OIL PRICES= BAD!

    And now, after dozens of years of private investment, entrepreneurship, and new technology...LOWER OIL PRICES=BAD!

    I am sure Janet Yellen is working overtime to tell us how essential the FED is.
    Jan 19, 2015. 02:53 PM | 10 Likes Like |Link to Comment