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justaminute

justaminute
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  • Three Sunday reads [View news story]
    From the "Ignore the Unemployment Rate" article:
    "True, Congress is especially bad at allocating resources selectively, except in the case of natural disasters or to industries such as farming that cut across enough states to form a voting coalition. It would be hard going to craft legislation that would focus on the needs of Detroit, Phoenix, central Florida, upstate New York and so on.

    But such targeted legislation is the only cost-effective way for government to address the structural issues of unemployment. Spending tens of billions of dollars a year on unemployment benefits is perhaps the least effective way to deal with the problem. It relies entirely on the belief that once this thing called the economy gets humming again, employment will just materialize. But for many Americans who are bearing the brunt of the downturn, that is unlikely to happen. And we will have spent years of benefits with nothing to show for it."

    This is the reason States\Local governments should be in control of making such decisions. The Federal government cannot efficiently manage local issues.They are too removed from them and unresponsive to local citizenry. However, at the State\Local level, citizens can directly deal with their representatives and bureaucracies to address the issues affecting them. Stop sending these gobs of money to DC where they are used to manipulate State behavior, keep the money locally and allow the States to address the issues more efficiently.
    Feb 9, 2014. 11:50 AM | 3 Likes Like |Link to Comment
  • A Prime-Aged Look At The Employment-To-Population Ratio [View article]
    It's not the Fed's job to worry about the EM currencies.
    Feb 7, 2014. 10:04 PM | Likes Like |Link to Comment
  • A Prime-Aged Look At The Employment-To-Population Ratio [View article]
    Sorry to say, but most of this is high-brow spin doctoring.
    Feb 6, 2014. 11:19 PM | 1 Like Like |Link to Comment
  • Broad coalition backs Keystone XL oil pipeline, adding pressure on Obama [View news story]
    Wouldn't be caught dead in that rat hole so I could care less.
    Feb 4, 2014. 09:41 PM | 1 Like Like |Link to Comment
  • Broad coalition backs Keystone XL oil pipeline, adding pressure on Obama [View news story]
    Landrieu is the reason I never spend my vacation dollars in LA.
    Feb 4, 2014. 08:48 PM | 2 Likes Like |Link to Comment
  • On the hour [View news story]
    I'm not worried.
    Jan 31, 2014. 10:43 PM | 1 Like Like |Link to Comment
  • Turkey delivers big rate hike to defend currency [View news story]
    They are fighting the Fed. It's perceived that the taper will increase the strength of the dollar. A strong dollar weakens other currencies and causes inflation. They are fighting inflation.
    Jan 28, 2014. 09:13 PM | 1 Like Like |Link to Comment
  • Tesla completes its own Cannonball Run [View news story]
    Nice to see people in Seattle are so polite.
    Jan 27, 2014. 02:15 AM | 1 Like Like |Link to Comment
  • Paul Ryan: Ideas for reducing poverty [View news story]
    "I am in the bible belt and I can tell you that the home-schooled kids out here tend to be "damaged"."

    How does that account for all the "in-schooled" kids bullying, posting youtube videos of beat downs and shootings of classmates or the general public?
    Jan 27, 2014. 02:07 AM | Likes Like |Link to Comment
  • Paul Ryan: Ideas for reducing poverty [View news story]
    "in red states tend to accept their station more readily which actually leads to less economic activity" - that's nonsense.
    Jan 27, 2014. 02:01 AM | Likes Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    "So here we are setting records for bullish sentiment and with quite high valuation."

    So what sentiment indicator are you referencing?
    Jan 27, 2014. 01:57 AM | 1 Like Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    e - you're hysterical. Clam down:

    http://bit.ly/1leOk9C

    “The reason being we have an obligation to protect our customers, and to minimize the opportunity for financial crime. However, following feedback, we are immediately updating guidance to our customer facing staff to reiterate that it is not mandatory for customers to provide documentary evidence for large cash withdrawals, and on its own, failure to show evidence is not a reason to refuse a withdrawal. We are writing to apologize to any customer who has been given incorrect information and inconvenienced.”
    Jan 26, 2014. 07:42 PM | 1 Like Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    "Soon you wont be able to access your money simply by requesting it" - that's quite an alarmist take over one instance by a horrible bank.
    Jan 26, 2014. 07:18 PM | Likes Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    Good research, Momintn. A broken clock\Shiff analogy comes to mind.
    Jan 26, 2014. 04:56 PM | 2 Likes Like |Link to Comment
  • Unanticipated Growth May Catalyze Independence Realty Trust's Outperformance [View article]
    Have you gone online and looked at some of their properties?
    Jan 26, 2014. 03:39 PM | Likes Like |Link to Comment
COMMENTS STATS
877 Comments
1,853 Likes