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justaminute

justaminute
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  • 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 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 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 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 03:39 PM | Likes Like |Link to Comment
  • Paul Ryan: Ideas for reducing poverty [View news story]
    #1. No.
    #2. K-12 is necessary, but should be educational rather than indoctrination. College where necessary - certainly not everyone needs to go to college.
    #3. Yes. By governments own admission, at least $200 billion could be cut. That means it's probably really $400 billion.
    Jan 26 02:42 PM | 1 Like Like |Link to Comment
  • Paul Ryan: Ideas for reducing poverty [View news story]
    Hopefully a competitor will exploit their foolishness and demonstrate how the free market works.
    Jan 26 02:34 PM | Likes Like |Link to Comment
  • Paul Ryan: Ideas for reducing poverty [View news story]
    Government is necessary. Bad government is not. Lack of jobs is the problem in the US. With a large amount of unemployed individuals in the labor pool, wages will not rise. The government, of R or D flavor, is pursuing wrong minded policy to correct the problem because for the last xx number of years government has been about politics\getting elected and not governance. Amnesty, free trade, abundant "free money" programs, poor tax policy, poor energy policy, waste and ever expanding debt will not help the creation of jobs.
    Jan 26 01:42 PM | 2 Likes Like |Link to Comment
  • Paul Ryan: Ideas for reducing poverty [View news story]
    Too bad the teachers unions and the DOE will never allow it to take place in k-12. The funds are already allocated.
    Jan 26 01:09 PM | 3 Likes Like |Link to Comment
  • Paul Ryan: Ideas for reducing poverty [View news story]
    The problem with education is not funding, it's parents.
    Jan 26 01:03 PM | 8 Likes Like |Link to Comment
  • Report: Comcast prefers to work with Charter over TWC bid [View news story]
    Maybe. Maybe not if you're citizen.
    Jan 26 01:01 PM | 1 Like Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    "Consumers are deleveraged now" - while somewhat true, there's more to it. Non-housing debt is higher now than in Q3 2008. Housing bankruptcies cleared much of the housing debt, therefore lowering some households "leverage," but left peoples finances and ability to lend in bad shape. Toss in the poor employment picture, in specific the labor participation rate, and the fact that half the jobs being created are in leisure, retail and temporary help - the ability to borrow has shrunk.
    Jan 26 12:58 PM | 6 Likes Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    NY Fed as of November offers a mixed bag:

    http://bit.ly/1aWZLJq

    Overall it seems the trend is up but not at the record highs.
    Jan 26 03:04 AM | 2 Likes Like |Link to Comment
  • Report: Comcast prefers to work with Charter over TWC bid [View news story]
    First post merger announcement - Layoffs. Second - increased rates.
    Jan 26 01:42 AM | 1 Like Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    That's not just an accounting principle. It's a lifestyle.
    Jan 25 09:47 PM | 5 Likes Like |Link to Comment
  • Perspectives On Friday's Sell Off [View article]
    Agreed, but the key is keeping the monthly payment low enough that lenders can expect to get their money back. Autos have been the one bright spot in lending because the term can be stretched out to lower the payment and the risk on an individual loan is relatively low compared to a home due to the principal involved.

    At the end of the day, all the economic problems continue to revolve around jobs. The inflation the Fed is looking for, which can only be created by demand, can only be generated by jobs. Until the velocity of money picks up significantly - there will be no real inflation. The only way the velocity of money picks up is by having people employed and turning over the dollars they earn due to the confidence that their job will be there tomorrow. For those already employed, the only way to see wage increases is to reduce the number of unemployed. Again, my point in all of this is - jobs remain the problem.
    Jan 25 09:39 PM | 2 Likes Like |Link to Comment
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