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 » Today - Wednesday, August 20, 2014 Wall Street Breakfast - daily dose of stock market news

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Economy
Argentina is looking to push bondholders to swap defaulted debt for new notes, in order to dodge a U.S. ruling that prevents the government from paying creditors. Argentina's last interest payment of $539M was blocked by a NY court, resulting in the country's sovereign default on July 30. President Cristina Fernandez has continued to argue that Argentina is not in default, and has called for a new bond swap as a result of the ruling.

Despite the new announcement, the International Swaps and Derivatives Association is going ahead with Argentina's CDS auction, but has delayed it until September. An issue arose yesterday regarding the addition of two Japanese-law restructured notes to be included in the auction, and needs to be resolved before the sale can take place. The auction will establish the payout that holders of protection on Argentine bonds will receive as a result of the country's recent default.

China's anti-monopoly regulator has issued fines against 12 Japanese companies for colluding over prices of auto parts and bearings. The penalties total 1.2B yuan ($201.8M) and fine companies including Hitachi (OTCPK:HTHIY), Sumitomo (OTCPK:SSUMY), Mitsubishi Electric (OTCPK:MIELY), Jtekt (OTCPK:JTEKY) and Denso (OTCPK:DNZOY). China has been increasing its efforts to bring companies into compliance with an anti-monopoly law enacted in 2008, and has recently taken aim at the country's auto sector.

The latest cease-fire in the Gaza Strip has collapsed, after Palestinian rocket fire resumed nearly eight hours before the cease-fire was due to expire. Israel responded with airstrikes, and ordered its delegates back from Cairo saying it will not negotiate under fire. Egyptian mediators have been struggling to end the 5-week-old conflict with several temporary cease-fires, but no permanent truce has yet emerged.

Vladimir Putin is set to meet face-to-face with his Ukrainian counterpart, Petro Poroshenko, in Belarus on Aug. 26 to discuss stabilizing the situation in Ukraine and the latter's energy concerns. Ukraine's energy sector is crumbling, and estimates suggest that coal supplies to electricity producers can run out within the next 40 days due to damaged rail lines by Russian separatists.

Stocks
Another executive has left Bombardier, following last month's major restructuring announcement involving its aerospace division. "Since then, there's been a lot of movement within the company," says spokesman Marc Duchesne. "There could be more." Besides for the 1,800 layoffs announced in July, Bombardier's (OTCQX:BDRBF, OTC:BOMBF) CSeries orders have suffered since the plane was grounded in late May due to an engine failure.

Glencore is launching a share buy-back program of up to $1B over the next six months, making it the first among the diversified miners to return extra cash to shareholders this year. Glencore (OTCPK:GLNCY) announced last week that it had received $6.5B from the sale of its Peruvian copper project Las Bambas earlier this year, triggering the possibility of a special dividend for shareholders or a buy-back.

Among Warren Buffett's Q2 moves was a pullback in oil company investments, selling off the vast majority of his stake in ConocoPhillips (NYSE:COP) and dumping some of his holdings in Phillips 66 (NYSE:PSX) and National Oilwell Varco (NYSE:NOV). The move looks prescient, as U.S. crude prices have dropped from ~$107/bll in mid-June to less than $95 yesterday, and energy stocks went from being among the best performers on Wall Street to the middle of the pack.

Petrobras has agreed to pay $434M to Bolivia's state-run energy counterpart YPFB to settle a dispute over natural gas payments and secure supplies of the fuel for a gas-fired power plant. The agreement comes as the companies prepare to work out a new agreement covering the Bolivian natural gas supply to Brazil. The existing contract expires in 2019, and Petrobras (NYSE:PBR) has said it is counting on continued imports from Bolivia to fuel Brazil's economy.

Six months after stepping down as CEO, Steve Ballmer has resigned from Microsoft's (NASDAQ:MSFT) board. "In the six months since leaving, I have become very busy...I hold more Microsoft shares than anyone other than index funds and love the mix of profits, investments and dividends returned in our stock," says Ballmer. "I expect to continue holding that position for the foreseeable future."

Lear is close to an $800M+ deal to acquire Eagle Ottawa, the world's largest supplier of premium automotive leather. The deal is likely to be announced this week or next. Eagle Ottawa's leather products are used in BMW (OTCPK:BAMXY), Chrysler (OTCPK:FIATY), Mercedes-Benz (OTCPK:DDAIY) and other vehicles, while Lear (NYSE:LEA) manufactures seating for auto makers including Ford (NYSE:F) and GM (NYSE:GM).

Along with its Q2 results, PetSmart has confirmed reports that it is exploring strategic alternatives, including a possible sale. Comparable store sales fell 0.5% Y/Y in Q2, and full-year EPS guidance has been set at $4.29-$4.39 (consensus is at $4.32). PetSmart (NASDAQ:PETM) also announced that it is buying online pet product retailer Pet360 for $130M up-front and up to $30M in earn-outs. The deal is expected to close in September.

Overstock is preparing to accept Bitcoin for its international sales as of Sept. 1, transforming the company into the biggest online merchant to extend the payment option beyond the U.S. Since January, several established retailers, including Expedia (NASDAQ:EXPE) and Dell, have started accepting Bitcoin (COIN, OTCQB:BTCS) for domestic sales, although the new move by Overstock (NASDAQ:OSTK) suggests a more widespread adoption of the virtual currency to the international space.

Bumble Bee Foods has received takeover overtures from Post (NYSE:POST) and Thai Union Frozen Products (OTC:TUFRF) in recent months, and is now planning to launch a sale process this fall. As the largest canned tuna and sardines producer in North America, Bumble Bee is seeking a valuation upward of $1.5B.

Amid a continuing push to pare back its sprawling operations, Citigroup (NYSE:C) is mulling a sale of its retail-banking business in Japan, but would still leave its corporate and investment banking divisions there. Since Michael Corbat became CEO in late 2012, Citi has exited retail operations in a number of countries, most recently agreeing to sell units in Greece and Spain. Citibank Japan currently has 33 branches with deposits of $39B.


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Today's Markets:
In Asia, Japan flat at 15454. Hong Kong +0.2% to 25160. China -0.2% to 2240. India -0.4% to 26314.
In Europe, at midday, London -0.3%. Paris -0.4%. Frankfurt -0.4%.
Futures at 6:20: Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude +1.2% to $95.57. Gold -0.1% to $1295.40.
Ten-year Treasury Yield flat at 2.41%

Today's economic calendar:
7:00 MBA Mortgage Applications
10:30 EIA Petroleum Inventories
2:00 PM FOMC minutes

Notable earnings before today's open: AEO, EJ, EV, GLOG, HAIN, JASO, LITB, LOW, MSG, PETM, SJM, SPLS, TGT, VVTV

Notable earnings after today's close: CACI, HPQ, IRF, LB, PLKI, SMTC, SNPS

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Comments (114)
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    ISIS has now officially put the US in its sights. I sure hope that bombing campaign was worth it, afterall it all could have been avoided if we had simply equipped the Kurds as soon as this trouble started.

     

    Ukraine is coming to a head, more and more pictures of destroyed urban buildings but fortunately the US media still only blames the rebels keeping up the propaganda. Putin will meet with Poroshenko on Tuesday and likely the conversation will involve some subliminal warnings from Putin to Poroshenko as Poroshenko and his military option are forcing Putin into a corner that he has to cmoe out of or risk losing power.
    20 Aug, 07:22 AM Reply Like
  • P.Jakubovs
    , contributor
    Comments (10) | Send Message
     
    Top pro-russian figures have left in the last two weeks, EU is very quiet about new sancions, Danske bank saying that sanctions will be lifted in 3 months. Today both Kiev and Donetsk are saying about 3rd force in the region (someone to blame for Boeing and 1000 dead civilians?). Russian humanitary convoy turned out to be actual humanitarian aid.
    And now Putin meeting with Poroshenko? Time to buy russian equites (mb banks like VTB or Sber?) as there is actual deescalation of the conflict...
    20 Aug, 07:37 AM Reply Like
  • JAMES CARLINI
    , contributor
    Comments (3860) | Send Message
     
    gggi
    Hindsight is always 20/20.

     

    We are at where we are at with the leadership we have. They better realize that ISIS is a real threat, and threats should be neutralized. That is said in a nice politically correct way.

     

    Being politically accurate, the statement should be, "See that squadron of A-10s flying in low? They ain't going to be whistlin' Dixie."

     

    We should send them some educational films on American culture. Patton and the Outlaw Josey Wales would be a good start. They might have second thoughts about coming here to cause trouble.

     

    20 Aug, 08:14 AM Reply Like
  • georgealphabeta
    , contributor
    Comments (43) | Send Message
     
    Better idea - instead buying Russian equities, buy Ukrainian securities, way better option. Much more business friendlier country run by a business person with no appetite for military aggression toward its neighbors.
    20 Aug, 08:50 AM Reply Like
  • chudzikb
    , contributor
    Comments (643) | Send Message
     
    JC, I only wish more of us were like Patton and Jose Wales, sadly the sheeple are everywhere now. Not enough time to focus upon events abroad when there are very important videos to watch on the net...and I only wish those videos had some socially redeeming characteristic. They mostly don't and educational content is just not happening.
    20 Aug, 08:52 AM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    JC, that is the problem, Obama won't finish the job. This is one of those fights that once you start it you have to finish it and only one living person is walking out of the ring.

     

    georgealphabeta, invest in Ukraine? Get real, they just used up all of their spare cash to fight a war. The country is withing 30 days of running out of coal for electricity much less the failing nat gas supplies they will need for the winter. To top it all off, even if Poroshenko wins his civil war there will be lasting split within the country that won't bode well. Ukraine is going to realize just how stupid pissing off their rich uncle was. The EU might give them more loans so they can survive but the country will be a basket case for years to come.

     

    As to investing in Russia, there certainly may be a rally if there is some sort of coming together. However, we need to remember that the last time these two met Poroshenko demanded Putin give everything back AND give him cheap nat gas to boot. That means Poroshenko and the government in Kiev suffers from some serious dilusions.
    20 Aug, 09:01 AM Reply Like
  • berbno1
    , contributor
    Comments (1200) | Send Message
     
    re: Josey Wales...curioous you guys would reference Josey Wales as this was classified as a "revisionist western."

     

    These films began to question the ideals and style of the traditional Western. Elements include a darker, more cynical tone, with focus on the lawlessness of the time period. Anti-heroes are common, as are stronger roles for women and more-sympathetic portrayal of Native Americans and Mexicans. Regarding power and authority, these depictions favor critical views of big business, the American government, masculine figures (including the military and their policies), and a turn to greater historical authenticity.
    20 Aug, 09:05 AM Reply Like
  • Ducaticorse
    , contributor
    Comments (1031) | Send Message
     
    and they just doubled the taxes for corporations working in the energy sector.
    20 Aug, 09:20 AM Reply Like
  • georgealphabeta
    , contributor
    Comments (43) | Send Message
     
    To GGGL - Think again iron ore deposits for example, best quality hematite with access to already built infrastructure (power, railroads, ports etc). Well educated, skilled labor force. I just started research about Ukraine and frankly speaking I'm impressed with some opportunities. Once Russian invasion will be over, that will be west friendly country run probably by Poroshenko. Poroshenko seems to be a man that likes to get things done right. Any rally in Russia I would treat as a opportunity to get rid off that country equities.
    20 Aug, 09:22 AM Reply Like
  • Markos Kaminis
    , contributor
    Comments (1200) | Send Message
     
    I think today is all about technical test of the old high. http://seekingalpha.co...
    20 Aug, 09:26 AM Reply Like
  • jj1937
    , contributor
    Comments (627) | Send Message
     
    John Kerry knows how to stir things up!
    20 Aug, 09:43 AM Reply Like
  • jj1937
    , contributor
    Comments (627) | Send Message
     
    Putin will invade Ukraine on September 1st. Iraq will unite with Syria.
    20 Aug, 09:45 AM Reply Like
  • wyostocks
    , contributor
    Comments (7620) | Send Message
     
    James

     

    You got me to thinking, what roles would Obama and Holder play in a remake of Josie Wales?
    20 Aug, 10:04 AM Reply Like
  • 2harddrive
    , contributor
    Comments (130) | Send Message
     
    Chudzikb, it is Josey Wales. Jose just swam across the Rio Grande! LOL.
    20 Aug, 10:13 AM Reply Like
  • 2harddrive
    , contributor
    Comments (130) | Send Message
     
    jj1937, that could be a reverse Operation Barbarossa. Yes, at least parts of Iraq and Syria, and maybe Lebanon, will probably join the Caliphate, alas.
    20 Aug, 10:25 AM Reply Like
  • chudzikb
    , contributor
    Comments (643) | Send Message
     
    2HD, damn Freud getting me once again...
    20 Aug, 10:52 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    berbno 1,

     

    "These films began to question the ideals and style of the traditional Western.' ...'and a turn to greater historical authenticity."

     

    These films were written by city-boy screen writers from the San Fernando Valley in California who never saw a horse except at the Griffith Park Zoo pony ride. Please, these flicks were nothing more than 1970's lefty politics set in the wrong place, the wrong time and with a subsequent wrong "message". 'Historical authenticity' was their first victim.
    20 Aug, 11:08 AM Reply Like
  • jwill53
    , contributor
    Comments (231) | Send Message
     
    I would prefer Mattis over Patton - but there is some bias involved in that preference.
    20 Aug, 11:29 AM Reply Like
  • jwill53
    , contributor
    Comments (231) | Send Message
     
    I would prefer Mattis over Patton - but there is some bias involved in that preference.
    20 Aug, 11:30 AM Reply Like
  • jwill53
    , contributor
    Comments (231) | Send Message
     
    Women or cowards
    20 Aug, 11:32 AM Reply Like
  • crademan
    , contributor
    Comments (910) | Send Message
     
    jwill53, Two nouns
    20 Aug, 11:44 AM Reply Like
  • EMSutton
    , contributor
    Comment (1) | Send Message
     
    Truth be known, John Kerry doesn't know much about anything...........and is totally out of his league in the SOS position. Obama could have done a much better job in his appointments of both Clinton & Kerry.
    20 Aug, 12:01 PM Reply Like
  • taxman100
    , contributor
    Comments (245) | Send Message
     
    However, they do like shelling innocent civilians in an attempt to "liberate" them from their brothers, uncles, fathers, sons, etc. who are fighting as separatists.

     

    20 Aug, 12:40 PM Reply Like
  • JAMES CARLINI
    , contributor
    Comments (3860) | Send Message
     
    berbno1
    You read too much politically correctness into Josey Wales. That movie is just the opposite of what you jabber about.

     

    Josey Wales didn't take any crap and would take on anyone. He didn't buy into the government and their "grand plans."

     

    Evidently you never watched the agreement he had with Ten Bears- he didn't promise anything that they didn't already have. He wasn't promising a blanket for squaw and a horse for every male. There were no "handouts".

     

    Josey Wales was more like a Conservative saying - live and let live together - OR DIE together. Ten Bears had it right when he said -"It is sad that governments are chiefed by the double tongues."

     

    Better re-watch it. There is NO politically correctness in that movie. And if you think there is, you have been indoctrinated (and blinded) by liberal-osis. The disease of those who cannot see the truth - even when it is in front of them.
    20 Aug, 01:03 PM Reply Like
  • SoCalNative
    , contributor
    Comments (429) | Send Message
     
    Next up: berbno1 will explore the dualities of man in his critique of Guardians of the Galaxy.
    20 Aug, 01:08 PM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    He did offer ten Bears some cattle I believe. I have it at home, maybe I should watch it again, it is one of my favorite movies. Worked on the flipping revoler trick and got that down pretty good :)
    20 Aug, 01:08 PM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    On the EU front Germany signals deflation in its PPI. The Spanish 10 year is again cheaper than the US and the Euro keeps weakening. This of course makes no sense other than the fact that Europe will do another Japan, namely significantly devalue their currency while the government holds their wealth hostage at ludicrously low interest rates. That means we well could be seeing the cycle of wealth destruction begin in Europe. Real estate prices also have started to contract in London, so that might have also been a sign.

     

    What does this mean? In Euro terms wealth may remain flat but in dollar terms it will shrink. For example wealth in Japan contracted by a huge amount last year thanx to Abenomics. The japanese may not have noticed the extent to which this happened but it was definitely visible in the world wealth statistics.
    20 Aug, 07:27 AM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    So in the wonderful world of widgets, wealth is nothing other than IOU's for someone to make you a widget for free. How many widgets can be produced in a year depends on productivity and the size of the labor force. The real value of the wealth can only be a product of those two factors. So if you now have an exchange mechanism like money you need some way rebalancing when the money gets out of whack with the reality, i.e. there or only so many people that are so productive to make you so many widgets. In the past this mechanism was inflation, i.e. you had to pay more for each widget. However, in the modern age central bankers seem to have figured out how to combat the inflation rate but of course not the inflation of wealth. So there is a disconnect that has happened and now new mechanisms are showing up to rebalance money with widget production. One such mechanism is the outright destruction of wealth by the bankers through haircuts. That may become more common as the destruction by inflation gets replaced by the destruction caused by soverign defaults. The other is of course massive collapses in the value of wealth assets like housing and markets, see again Japan.
    20 Aug, 07:38 AM Reply Like
  • jj1937
    , contributor
    Comments (627) | Send Message
     
    #1 Economy U.S. living the dream
    #2 Economy China slowing but growing (as they say)
    #3 Economy Japan in Recession
    #4 Economy Eurozone in Depression

     

    Brazil slowing
    Russia slowing

     

    Looks like a global recession
    Smells like a global recession

     

    Time for a new all time high. BUY BUY BUY!!!
    20 Aug, 09:54 AM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    jj, I think a global recession might be right, but not one in the US. Everyone is headed down because we are buying less of their oil and indeed are selling more and more petroleum endproducts to them!
    20 Aug, 01:09 PM Reply Like
  • blueline
    , contributor
    Comments (1272) | Send Message
     
    Ballmer seems to want to focus full time on his LA Clippers.

     

    Nice retirement job!!
    20 Aug, 07:50 AM Reply Like
  • techy46
    , contributor
    Comments (5505) | Send Message
     
    Ballmer's going to very quietly sell off at least 50-70% of his 330 million Microsoft shares with Microsoft at $42-45 PS so that he can diversify his investments which are now 75% Microsoft stock. That will be the ultimate irony as he and Gates leave WS and retail investors holding the bag.
    20 Aug, 12:39 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Glad Ballmer is gone! He just spent $2Billion on a team valued at $700million. He then gives a speech to rally the troops but will rally the OKC Thunder when they meet again. Hope Steve does for Clippers what he did for MSFT as CEO - not much but stash cash.
    20 Aug, 03:55 PM Reply Like
  • blueline
    , contributor
    Comments (1272) | Send Message
     
    The rumors of bitcoin's death are premature!
    20 Aug, 07:57 AM Reply Like
  • Killer454
    , contributor
    Comments (784) | Send Message
     
    "China has been increasing its efforts to bring companies into compliance with an anti-monopoly law enacted in 2008"

     

    Except it's own favored state owned entities of course.
    20 Aug, 08:10 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Killer454,

     

    "Except it's own favored state owned entities of course."

     

    That's because the state owned entities are 'more equal' than the, singled-out, Japanese companies. Orwell is timeless.
    20 Aug, 11:24 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Killer454,

     

    "Except it's own favored state owned entities of course."

     

    That's because the state owned entities are 'more equal' than the, singled-out, Japanese companies. Orwell is timeless.
    20 Aug, 11:24 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Killer454,

     

    "Except it's own favored state owned entities of course."

     

    That's because the state owned entities are 'more equal' than the, singled-out, Japanese companies. Orwell is timeless.
    20 Aug, 11:25 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Killer454,

     

    "Except it's own favored state owned entities of course."

     

    That's because the state owned entities are 'more equal' than the, singled-out, Japanese companies. Orwell is timeless.
    20 Aug, 11:25 AM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    We need to focus on Ferguson. It has terrible unemployment and poverty rates. It is 67% black with no real representation in the local gov't. The recent riots only consist of 16% of people with Ferguson addresses. The rest are media and out of staters. The President is quick to condemn the cops without the facts. His response of sending 40 FBI and the AG is political. Surely he has better use for them than that. I wish the call had been to the Democratic Governor saying let us know how we can help control the situation.

     

    Of course, Sharpton and Jackson are "Johnny on the Spot" stirring the pot.
    20 Aug, 08:27 AM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    Ferguson is just another suburb that was overrun by people trying to flee the urban cesspool. Without the underlying employment prospects the result reverts to the mean, i.e. cesspool in the new suburbs which simply accelerates the white flight.

     

    As long as there is a tolerance for criminality in the black community this won't end and how many times do I have to say this, YOU DON'T PICK A FIGHT WITH SOMEONE WHO HAS A GUN! There are only two outcomes possible, 1) he beats the crap out of you, or 2) you get shot.
    20 Aug, 09:04 AM Reply Like
  • blueline
    , contributor
    Comments (1272) | Send Message
     
    BO,

     

    There is going to be a real estate buying opportunity in Ferguson.

     

    No one is going to want a Ferguson address and prices will collapse.

     

    I will now be completely politically incorrect by using the stock phrase, "buy when there is blood in the streets". Sorry but violence, looting and fire bombing your community does not help your community.

     

    I agree with gggl, we can not tolerate robbing a convenience store and attacking a police office as being OK with a portion of our society.
    20 Aug, 09:40 AM Reply Like
  • Bob 123
    , contributor
    Comments (3429) | Send Message
     
    "Fergustan" is just another symptom of the ongoing hollowing out of America and it's once vibrant middle class so a few oligarchs could get richer at the expense of just about everybody else.
    This particular event will blow over but much more to come -- probably to a city near you, absent any societal and economic course correction that appears to be nowhere on the horizon.

     

    We could think critically about this, how it came to this, what has happened to cause such imbalances leading to unrest in society, etc -- but it is of course much easier to simply blame Obama or Sharpton or Jackson, et al.
    20 Aug, 09:56 AM Reply Like
  • SoCalNative
    , contributor
    Comments (429) | Send Message
     
    "any societal and economic course correction that appears to be nowhere on the horizon."

     

    Relocate your family and open a business there, Bob. I'm sure others will follow. Now get going.
    20 Aug, 10:18 AM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    BL,

     

    I don't think any wanted to move to Ferguson to start with. How much could the housing cost when most are in poverty.
    20 Aug, 10:20 AM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Bob,

     

    It is the result of people voting for a living instead of working for a living. We make it too easy to be a single parent without a HS education to make it. The result is generational welfare. Not just for blacks but for many others.
    White on black killings get the high lights but 13% of population is black, 50% of all deaths are blacks, 90% of the murders are black on black. We have trouble in River City, that starts with T.
    20 Aug, 10:23 AM Reply Like
  • Bob 123
    , contributor
    Comments (3429) | Send Message
     
    Voting for a living? It was reported on NPR (a source you would never listen to) that voter participation in Fegustan is around 13%, perhaps less. That was one of the reasons the vast majority of their local government is white (i.e. -- the population that tends to vote).

     

    Thank you for the logic fail, BlueOkie.

     

    Next strawman?
    20 Aug, 10:27 AM Reply Like
  • 2harddrive
    , contributor
    Comments (130) | Send Message
     
    Blue Okie, the Federal Dept of "Just Us!" has sent in "civil rights" AGITATORS to stir the pot also, as they did in Florida's Zimmerman case. This cop is not being railroaded, he is being ZIMMERMANNED!
    20 Aug, 10:28 AM Reply Like
  • 2harddrive
    , contributor
    Comments (130) | Send Message
     
    gggl: Sage advice!
    20 Aug, 10:29 AM Reply Like
  • berbno1
    , contributor
    Comments (1200) | Send Message
     
    If you guys are really serious about understanding what's going on in Ferguson real estate...Google "Ferguson, MO Zillow" $50,000 will get you a 3/2. Blue dots are foreclosures...

     

    http://bit.ly/1n9T5x7
    20 Aug, 10:30 AM Reply Like
  • Husker Bob
    , contributor
    Comments (277) | Send Message
     
    careful 2harddrive. Bob123 is going to call you a racist.

     

    One slight difference with the Zimmerman case though. We have it on video that Michael Brown was nothing but a thug, something the media seems hesitant to point out.

     

    Oops, now Bob123 is going to call me a racist too.
    20 Aug, 11:21 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    gggl,

     

    "Ferguson is just another suburb that was overrun by people trying to flee the urban cesspool."

     

    I view it as another example of the failure of the Left's 'War on Poverty" that not only creates more poverty, but concentrates it so it can self-spread like the Ebola virus. Poverty has become a communicable disease under the direction of federal and state governments.
    20 Aug, 11:31 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    gggl,

     

    "Ferguson is just another suburb that was overrun by people trying to flee the urban cesspool."

     

    I view it as another example of the failure of the Left's 'War on Poverty" that not only creates more poverty, but concentrates it so it can self-spread like the Ebola virus. Poverty has become a communicable disease under the direction of federal and state governments.
    20 Aug, 11:32 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    gggl,

     

    "Ferguson is just another suburb that was overrun by people trying to flee the urban cesspool."

     

    I view it as another example of the failure of the Left's 'War on Poverty" that not only creates more poverty, but concentrates it so it can self-spread like the Ebola virus. Poverty has become a communicable disease under the direction of federal and state governments.
    20 Aug, 11:32 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    gggl,

     

    "Ferguson is just another suburb that was overrun by people trying to flee the urban cesspool."

     

    I view it as another example of the failure of the Left's 'War on Poverty" that not only creates more poverty, but concentrates it so it can self-spread like the Ebola virus. Poverty has become a communicable disease under the direction of federal and state governments.
    20 Aug, 11:33 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    gggl,

     

    "Ferguson is just another suburb that was overrun by people trying to flee the urban cesspool."

     

    I view it as another example of the failure of the Left's 'War on Poverty" that not only creates more poverty, but concentrates it so it can self-spread like the Ebola virus. Poverty has become a communicable disease under the direction of federal and state governments.
    20 Aug, 11:33 AM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    gggl,

     

    "Ferguson is just another suburb that was overrun by people trying to flee the urban cesspool."

     

    I view it as another example of the failure of the Left's 'War on Poverty" that not only creates more poverty, but concentrates it so it can self-spread like the Ebola virus. Poverty was made a communicable disease under the direction of federal and state governments.
    20 Aug, 11:43 AM Reply Like
  • Bob 123
    , contributor
    Comments (3429) | Send Message
     
    Even if he was a thug and stole some cigars or whatever it was --
    Does it give the cop the right to shoot him six times (twice in the head) when he had his hands up?
    Yeah, I know, the cop's story is "self defense". There were witnesses though, and the investigation is ongoing.

     

    Note -- similar to this video being released casting Brown in a negative light, details are emerging about this cop and his 'performance' on the job prior to his employment on the Fergustan PD force. (hint - He was fired from a very corrupt department). Check it out, if you are really interested.
    Not that it matters, to some the only thing that is relevant is that Brown was a (allegedly) a thug, and therefore 'deserved' the 'justice' he got.
    20 Aug, 11:46 AM Reply Like
  • Rich in Quebec
    , contributor
    Comments (4254) | Send Message
     
    SoCalNative - The problem is ALIENATION. When you're community has grievances and they are not taken seriously, a significant minority may be motivated to act out in what might seem to be an irrational fashion. Your "solution" (moving out of town), exacerbates the problem. It makes obvious the us and them, the included and the excluded. I grew up in a small city (Holyoke, Mass.) that suffered from white flight. It allowed those with means to have good schools and good services, all the while congratulating themselves for avoiding the ever growing problems that their move across the river or over the mountain had caused.

     

    Whether it is within a limited metropolitan area or worldwide, neither avoidance nor a James Carlini military attack solves the problem of alienation. Anyone knowing the history of the Crusades should know that. Christians Crusaders were the extremists then, having been "dissed" by the takeover of the Holy Land by Muslims, fighting for God, sins not yet committed having been pre-pardoned. You can't kill an idea. There were initial victories, but Muslims were at the gates of Vienna by the end of the 17th century.

     

    Considering that so many on this Board would rather express their testosterone rather than reason, I suggest buying alienation stocks. Buy those companies that make equipment for keeping us apart - e.g.,border security, gated communities, the next iteration of the Iron Dome for Israel. It will be time to sell when, all else having failed or having proven counterproductive, that talk, reason and inclusion are on an upswing again.
    20 Aug, 12:14 PM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Bob 123,

     

    "Even if he was a thug and stole some cigars..."

     

    He (Brown) already knew he was guilty of stealing the cigars, even if the cop didn't. The self-knowledge of his own guilt may have compelled him to 'bum-rush' the unknowing cop - like Brown did the quickie-mart clerk - while his blood was still high-up on 'thug'.

     

    "...when he had his hands up?"

     

    The bullet pattern indicates that the 'thug' was advancing, like a person into a strong wind, then it does with his hands up in surrender.

     

    The cop will be exonerated, in the fullness of time.
    20 Aug, 12:22 PM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Rich in Quebec,

     

    "Anyone knowing the history of the Crusades should know that."

     

    Ferguson has nothing to do with The Crusades, but since you brought them up, look at the date of the Battle of Tours (732 AD) in relation to the First Crusade (1096). The 'Crusades' were anything but "pre-emptive" by Christians upon Muslims. If anything, considering the Muslim's conquest of Europe in the 8th. Century, the Crusades were defensive.

     

    "Considering that so many on this Board would rather express their testosterone rather than reason,..."

     

    That sentence fragment is certainly a "tell"!
    20 Aug, 12:32 PM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Bob 123,

     

    "We could think critically about this,..."

     

    Why start now?!
    20 Aug, 12:37 PM Reply Like
  • techy46
    , contributor
    Comments (5505) | Send Message
     
    violent Bob 123 -

     

    Well if an 18 year old, 6'4" 290 lb bear attacks me trying to grab my gun and then walks away, turns and charges with his head down I'm going to empty all 9-12 shots in my semiautomatic 9mm into him before he reaches me. That's self defense and I don't give a damn what breed of bear he is or what he's done in the past.

     

    It is very interesting that 17% of the US population commits 40% of the crimes and 50% of the murders isn't it. There's 72% of the population that commits 35% of the crimes and the other 11% commit 25% of the crimes. Everybody earns their reputation and respect by their deeds.
    20 Aug, 12:45 PM Reply Like
  • Bob 123
    , contributor
    Comments (3429) | Send Message
     
    << Well if an 18 year old, 6'4" 290 lb bear attacks me >>

     

    We don't know that is what happened. Some witnesses are refuting that.
    Assumption, much? -- and if so - why?
    20 Aug, 12:51 PM Reply Like
  • SoCalNative
    , contributor
    Comments (429) | Send Message
     
    "It allowed those with means to have good schools and good services,"

     

    You mean the successful or the responsible or the good decision makers???

     

    "Means" don't materialize out of thin air. Someone had to sacrifice instead of doing whatever "feels good." Regardless of "race" or whatever, even a 5 year old knows the difference between right an wrong and not to act out.

     

    Time to let these "victims of society" learn how to stand on their own two feet regardless of (insert injustice here) from the past.

     

    Generations of "it's not your fault" has gotten this country nowhere except careers for academics. apologists and career politicians.
    20 Aug, 01:05 PM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    Bob, what we definitely know with all of the stories about what happened is that a good number of people telling the stories are not telling the truth, i.e. what really happened.
    20 Aug, 01:13 PM Reply Like
  • Rich in Quebec
    , contributor
    Comments (4254) | Send Message
     
    Buckoux - Charles Martel's victory at Tours was the highwater point of Islamic expansion into Western Europe. The First Crusade had nothing to do do with that initial expansion. But, the Reconquista of Spain that ended in 1492 with victory over the Moors demonstrated the relative levels of tolerance of the Islamic and Christian worlds of the time. Jews were tolerated until Christians forced them to convert to Christianity or be expelled.

     

    Attitudes and traits of societies change. After all, modern Danes don't fit our image of Vikings. Modern right-wing Americans, so mired in exceptionalism born of success in 18th century conflicts, still feel compelled to revert to solutions that are inappropriate today. Americans no longer do duels, hold slaves, nor should they fear the "mob" nor engage in simplistic religious stereotyping.
    20 Aug, 01:13 PM Reply Like
  • JAMES CARLINI
    , contributor
    Comments (3860) | Send Message
     
    BOB 123

     

    Yes Bob - Witnesses, like the woman who claims he was shot while fleeing and the autopsy beyond a shadow of a doubt show ALL the bulletholes entering the FRONT of the body. No credibility in THAT witness.

     

    The only good thing about Ferguson (for some people) is that it acts as a big diversion to bigger national issues as well as takes the spotlight off the chronic street violence in Chicago (Chiraq).

     

    Funny how they lead with Ferguson and then as an after-thought they talk about the all-black little league team from Chicago who are doing a REALLY good job in making something out of themselves. The public is starving for more positive stories and role models. Nothing in Ferguson but the ignition of racial tension that was closed down decades ago but now seems to be flaring up again.

     

    Wait til the toxology report comes out. Again, too many making conclusions before all the facts are in.
    20 Aug, 01:19 PM Reply Like
  • Husker Bob
    , contributor
    Comments (277) | Send Message
     
    Bob123 - No, stealing cigars does not justify being shot. But it certainly speaks to his character and where he was coming from.

     

    As for the witnesses, we shall see. Seems you've already made up your mind based on, ... what? A few undoubtedly biased witnesses? You've already concluded that Zimmerman was a murdering racist, despite what a jury of his peers decided based on actual evidence. As such, your opinion is predictable and easily dismissed.

     

    Personally, I've not made up my mind. I'm waiting for actual evidence and a hopefully proper result based on our system of justice, unlike you and the Governor of Missouri, who in my opinion should be impeached for his statements condemning the police officer yesterday.
    20 Aug, 01:22 PM Reply Like
  • Rich in Quebec
    , contributor
    Comments (4254) | Send Message
     
    Techy - From a combination of facts, stereotypes and opinions , you have decided how an event occurred. From a combination of facts, stereotypes and opinions, others have already decided that a completely different version is true. Us and them - Exclusion vs. inclusion - Not a pleasant place to be even for the "included". When will we learn?
    20 Aug, 01:26 PM Reply Like
  • Husker Bob
    , contributor
    Comments (277) | Send Message
     
    RIQ - I don't know what the solution should be but I suspect "reasoning" with the likes of ISIS is not it.

     

    Certainly understanding and working on problems of black mistrust of authority is an admirable goal. But the black communities solution of allowing blacks to do whatever illegal things they wish while handcuffing the authorities is not the solution. The behavior of the Missouri authorities in trying to placate the situation (i.e. not invoking a meaningful curfew and shutting down the riots) is despicable. The shopkeepers of Ferguson have rights too, but those seem to be secondary considerations,
    20 Aug, 01:33 PM Reply Like
  • Bob 123
    , contributor
    Comments (3429) | Send Message
     
    More than one witness, and it is starting to come out that some "reports" that were supporting the police version of the story are starting to be recanted.
    And yes -- if a perp was facing the officer with his hands up -- all of the bullet wounds would be in the front. That makes sense.

     

    Agree with you regarding reaching conclusions before all the facts are in. So why your 'conclusion' in your first paragraph?
    20 Aug, 01:52 PM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Rich in Quebec,

     

    "Jews were tolerated until Christians forced them to convert to Christianity or be expelled."

     

    Yes they were. However, if you knew more than just propaganda you would know that the Jews of Spain were Sephardic Jews and in physical appearance looked not unlike their Muslim cousins. King Ferdinand decided that the best course for Spain was to expel all 'Semites", regardless of religion, because Muslims could pretend to be Jews, pretend to convert to Christian and then 'reconquest' in time (which they did proving Muslim deceit). Politically correct or no, for Spain, it was a wise move. What's Quebec's excuses for its Chauvinism? Cheese.
    20 Aug, 02:07 PM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Rich in Quebec,

     

    "When will we learn?"

     

    We won't! That's why I'm 'conservative' by both nature and politics. You progressives believe in the 'exceptional' advancement of your policies when they don't take into account human nature or the fact that society is not advanced enough to take good advantage of your 'exceptional' social progressiveness. Example: You liberals, 'liberated' African Americans with the Civil Rights Act of 1964 and then took away their education and jobs with the Immigration Reform Act of 1965. You liberals will often admit that you're smart, yet you can't see the conflict inherent in these two policies being enacted one year apart when it should have been 20 years. When will YOU ever learn??!!
    20 Aug, 02:27 PM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    I am going to have to agree with Bob on one account. There is no justifaction for a police officer using his weapon unless there is overwehlming need. To me that means he has been assaulted with deadly force in some form or other. Clearly both of the recent cases in St. Louis would not qualify as being assaulted by deadly force. Even if he was being bull rushed, the use of deadly force for a police officer should only come after the act, not before.

     

    As to being shot with his hands in the air, that again doesn't jive with the autopsy. All bullet wounds came from the front, so he could'nt have been standing there (forward or backwards) and raising his arms when he was being shot.
    20 Aug, 03:27 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Bob123,

     

    Uncle Sugar is at the federal level, not local. That's where the generational money is funded. How did Fergy vote in the Presidential election?
    20 Aug, 03:58 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    The Federal mentality is we are smarter than everyone else to include the states.
    20 Aug, 04:00 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Husker,

     

    Brown was a 18 year kid - yes he was 6'4" nearly 300 lbs but still a kid. Well he could vote! Did he graduate from HS. Should we have shown him stealing and pushing the owner out of the way? Blatant disregard for authority. It is terrible he was killed. But it started 18 years ago, not last week.
    20 Aug, 04:10 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Buckoux,

     

    The War on Poverty has only been around since LBJ and the mid 60's. Give it some time. The 100 years war last 116 years. The war will end when we stop using the terms black Americans, African Americans, Greek Americans, Italian Americans, French Americans, Hispanic Americans etc etc etc. We are all Americans and no one should expect equal outcomes because of some Federal Mandate. It creates mediocrity and forgoes excellence. It has gone to giving everyone a participation trophy with no winners or losers.
    20 Aug, 04:15 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Judging without knowing all the facts makes you part of the problem. We have a you are innocent until PROVEN guilty. But not with this President or liberal press.
    20 Aug, 04:18 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Buck

     

    I hope you are right but it is speculation. If he is guilty of a crime we should prosecute to full extent of the law. Why no TASER? Going one on one is never a good idea. Where's the back up? Having said all that I'll bet more police departments get cameras rolling during confrontations.
    20 Aug, 04:22 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    James,

     

    A black kid is shot by a white cop. You are really upset about it. You see riot police in huge numbers telling you to disperse. What do you do? Charge them, follow instructions or go home?
    20 Aug, 04:26 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    A 6'4" 300 lb man is charging the police officer with his gun drawn. Why would he not surrender to the cop? Drugs? Had a weapon in his hand? Disregard for authority.

     

    Why would a cop have to shoot six times? It ain't the movies where one shot you are down. Only works when you hit a vital organ like the brain or heart. If you get shot why do you continue attacking.
    20 Aug, 04:30 PM Reply Like
  • Rich in Quebec
    , contributor
    Comments (4254) | Send Message
     
    Buckoux - Dreaming up theories to counter other commenters can be dangerous to your reputation. The implication of your argument is that newly "liberated" African-Americans can't survive the competition from immigrants.

     

    The purpose of the Immigration Act of 1965 was not to increase immigration, but to eliminate racist exclusions that had previously prevented "lesser races" from immigrating. Other western countries, such as Canada and Australia, had had similar restrictive laws and were also changing them. All these countries have done well in integrating their new population. Where they have all failed is in integrating people who had been scorned for generations and whose cultures had been damaged. Whether it be former slaves or indigenous people, either continued abuse or a lack of modernisation of former immigration laws, would have simply been the continuation of bad policy. Fortunately, there were conservatives at that time who took a principled stand and voted with progressives to eliminate abuse.

     

    You would likely have said then as you state now, that "society is not advanced enough to take good advantage of 'exceptional' social progressiveness."
    20 Aug, 04:47 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Watch out for Walgreen's today. They had a $1.1 Billion SNAFU on their revenue projections. Two top exec's are gone. Appear the people writing the contracts aren't talking to finance. I expect a new CEO to come out of this. Performance since 2000 hasn't been that great and a pass on the inversion didn't help.
    20 Aug, 08:29 AM Reply Like
  • Tony Pow
    , contributor
    Comments (5539) | Send Message
     
    * HSBC had left or reduced their operations in EU at least a year ago. C is too late and too little. After Abe announced his effort in recovering the economy, I said it would not work; it had been tried before and failed miserably.

     

    * China could be coming to a trade war with Japan. The two countries still fight over the disputed islets.

     

    * Ukraine's problem could be resolved overnight. All sides are losers and only long-term losers would get into this situation. Middle East problem will continue forever as evidenced by the Bible and the history of the Crusade. No one can change that. The west and the USA should not participate to localize the centuries-old conflict.

     

    * S. America is not doing good. Bombardia, a highly regarded company, is not doing good. In a sentence, the global economy is not doing good.

     

    * When Buffett pulled out from the oil industry, the economy is predicted by them to be lousy as part of the Dow Theory to me.

     

    * When Steve announced his retirement, Microsoft stock rose a lot. What happens when Buffett retires or passes away (no one can live forever except the beautiful face of Princess D)? I bet his stock would dip when his time comes.
    20 Aug, 08:30 AM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    If Ukraine problems get resolved with getting chummy with Putin, then my advice is If you lay down with dogs, you'll get flees.

     

    When Buffett goes, so does his shares that is what will cause decline. The charities will start a fire sale for the money. Probably a great buying opportunity.

     

    Oil runs in cycles. Cheap oil should help if we could get the EPA out of the way. If nothing else we might sell it and become a oil exporter.
    20 Aug, 08:36 AM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    Petroleum exports have been growing rapidly, now well over 1M bpd by the way. So we already export it.

     

    The big deal with oil is the repatriation of petro dollars. This is a negative for the rest of the world and a huge positive for the US economy. The EU takes it on the chin as well as the petro rich love to buy Euro-luxo-trash.

     

    A 1M bpd increase at constant pricing is about 1-1.6% percentage point boost to US GDP on a yearly basis. Throw in a price decline in oil and that increases the boost to GDP as well. This means we could be setting up for a very strong Q4 and 2015.
    20 Aug, 09:07 AM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    gggl,

     

    I hope you are right about the 4th quarter. I think the international troubled waters might have something to say about it.
    20 Aug, 10:25 AM Reply Like
  • 2harddrive
    , contributor
    Comments (130) | Send Message
     
    Blue Okie, YES, get the EPA OUT of the USA!
    20 Aug, 10:37 AM Reply Like
  • Mo Zii
    , contributor
    Comments (311) | Send Message
     
    "...get the EPA OUT of the USA"

     

    Yeah, let the US be like China with brown sky, pink rivers, millions of deaths due to chronic respiratory diseases, cancer and all the other benefits of heavy industrial pollution. Get the EPA out, so the oligarchs can make several billion more and give you back couple of bucks, so you could die happy.
    20 Aug, 11:26 AM Reply Like
  • Husker Bob
    , contributor
    Comments (277) | Send Message
     
    Don't get rid of the EPA. Just get them (and the rest of government) under control. Now if you want to get rid of a useless government bureaucracy, get rid of the department of education. They are demonstrably worthless.

     

    Dept of Energy next. What exactly is our national energy policy anyway? Oh that's right, there is none.
    20 Aug, 11:29 AM Reply Like
  • Bob 123
    , contributor
    Comments (3429) | Send Message
     
    << What exactly is our national energy policy anyway? Oh that's right, there is none. >>

     

    Here you go Bob,
    the Energy Policy Act which was updated in May 2014:
    http://1.usa.gov/1nahUZR

     

    Where did you hear "there is none" ? Is this something Hannity or Rush keep repeating?
    20 Aug, 12:17 PM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    Blue, I'm hoping for a little reversal in the rate of inflation as gasoline prices have come down quite a bit since Q2. Usually it takes quarter for them to make it into the GDP numbers. So the spike in Q1 will show up in Q2 (revisions estimates are for 3.0% from 4.0%, some of that may be due to higher inflation). So similarly the decline in gasoline prices in Q3 should show up in Q4, again with a low inflation number than analysts project, something we also now call a pickup in European growth.
    20 Aug, 01:15 PM Reply Like
  • Ford289HiPo
    , contributor
    Comments (464) | Send Message
     
    "" For example, the Act provides loan guarantees for entities that develop or use innovative technologies that avoid the by-production of greenhouse gases. ""

     

    Will they determine that the evil rust-causing water vapour (water vapour IS the #1 greenhouse gas) must be lowered?

     

    Stupid energy policy.............
    20 Aug, 01:27 PM Reply Like
  • Husker Bob
    , contributor
    Comments (277) | Send Message
     
    Bob123 - A collection of an infinite amount of government speak does not a meaningful policy make. For just one of an unlimited number of examples:

     

    "Land conveyance, portion of Naval Petroleum Reserve Numbered 2, to
    City of Taft, California."

     

    should not be considered a policy.
    20 Aug, 01:48 PM Reply Like
  • Bob 123
    , contributor
    Comments (3429) | Send Message
     
    Just pointing out your assertion "there is no energy policy" was completely false.
    Now, you shift the argument to "because I don't like it - it is not an energy policy".
    No pleasing some people.
    20 Aug, 02:14 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    The local EPA's can do it better and are under closer watch
    20 Aug, 05:21 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Both DOE's that includes Education. Energy and Education have gone down since we created these cabinet positions.
    20 Aug, 05:22 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Bob 123
    Do you really listen to Hannity and Rush or just parrot what CNBC tells you
    20 Aug, 05:23 PM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Ford,

     

    You forgot about the tax on cows and their gases into the air. Maybe EPA started with cows and was going to humans next. Better not eat the beans.
    20 Aug, 05:24 PM Reply Like
  • jj1937
    , contributor
    Comments (627) | Send Message
     
    Attempt to get around U.S. court ruling.
    20 Aug, 09:01 AM Reply Like
  • BlueOkie
    , contributor
    Comments (4495) | Send Message
     
    Change the leadership that appoints and approves judges.
    20 Aug, 05:25 PM Reply Like
  • Overanalytical
    , contributor
    Comments (616) | Send Message
     
    Hamas once again proves itself to be a disorganized group of thugs and terrorists will no real chain of command, just a mission. Unlike the peace-loving freedom fighters they want us to think they are.
    20 Aug, 09:09 AM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    It will be interesting to see if the supposed coup attempt in the west bank that Israel says it uncovered is real. Abbas wasn't happy and the PA is gathering information to see what is real.
    20 Aug, 09:37 AM Reply Like
  • techy46
    , contributor
    Comments (5505) | Send Message
     
    While the US hypocrites that created the Jewish separatist state from Palestine land tells Russia that they are violating international law trying to do the same in eastern Ukraine. I'll bet the American Indians are amusing by Mr. Obama and his international law created by Anglos.
    20 Aug, 12:52 PM Reply Like
  • SoCalNative
    , contributor
    Comments (429) | Send Message
     
    Very odd comment techy.
    20 Aug, 01:12 PM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    So any currency traders out here? The Euro seems to have broken down and the chart to me says a test of $1.28 should be in the cards. That is still a ways down from here but if it fails should make it very interesting.
    20 Aug, 09:40 AM Reply Like
  • wyostocks
    , contributor
    Comments (7620) | Send Message
     
    gggl

     

    I've been wrong betting against the Euro and quit trying to figure out the direction of the winds.
    20 Aug, 10:07 AM Reply Like
  • 2harddrive
    , contributor
    Comments (130) | Send Message
     
    Any chance the troublesome Argentinian bond "holdouts" will bite on the new bonds issuance?
    20 Aug, 10:39 AM Reply Like
  • gggl
    , contributor
    Comments (5122) | Send Message
     
    It is not the bond holdouts they want to take care of. It is the rest of the bond holders who have already agreed to the haircut.
    20 Aug, 01:17 PM Reply Like
  • Buckoux
    , contributor
    Comments (5830) | Send Message
     
    Apologies for the multiple posts. Bad DSL connection at my end.
    20 Aug, 12:09 PM Reply Like
  • jwill53
    , contributor
    Comments (231) | Send Message
     
    Buck - not your connection, it was an error on SA - I, too, had multi posts.
    20 Aug, 02:39 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5145) | Send Message
     
    Mr. Buffet increased his stake in Suncor Energy, an oil and gas stock. Shifting concentration from one company to another within the same sector is not divesting.
    This same information was "Breaking News" last night and received some similar comments about Mr. Buffet and how he has moved within the oil and gas sector.

     

    No mention of the 41M+ shares of $XOM that are owned by Mr. Buffet. Is XOM not considered oil and gas?

     

    Poor job by SA for reporting a "pullback in oil investments" by Mr. Buffet.

     

    Just my two cents.
    20 Aug, 02:42 PM Reply Like
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