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LoganSix

LoganSix
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  • 'The U.S. Is Broke' [View article]
    "Do you want the government to raise the interest you pay so that savers can collect more?"

    I want the Fed to stop manipulating it and let the market handle it.

    "IRAs are tax-favored. Life insurance cash values are tax-favored. Capital gains are tax-favored. That all encourages saving."

    Unless you need it for an emergency.


    I don't believe the government should be taxing property or income. There should be a national sales tax on new goods and services (some exceptions). And there should be a whole lot less government.
    Jul 28, 2015. 03:23 PM | 1 Like Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    @Kramer
    "People are encouraged to do that. "

    Uh... no they are not. People look at the interest bearing portion of their savings (if they have one) or checking about and know that it doesn't matter. The banks get money from the Fed for basically nothing, but barely provide anything to those who save. College students are encourage to take out loans in the hopes that eventually they will be canceled. People are encourage to purchase houses with little or no money down at prices beyond what they should be able to afford. THIS is what the government encourages. "Don't worry about the future, we'll take care of you."

    "But people cannot save up to pay for things that are not for sale"

    But, they can save for something in the future and the banks can loan out that money to businesses with solid plans. Not the current, get a VC to throw millions at a pipe dream and hope the IPO pays back in spades before the product flops current process.
    Jul 28, 2015. 02:14 PM | 1 Like Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    @ianxponent

    2037 is not a long way off.
    The debt has doubled twice in less time than how far off 2037 is. If that trend continues, then the debt will be 2 - 4 times GDP. Servicing the debt will be bigger than the current Federal budget.

    I guess you're in the camp of "debt doesn't matter". I guess. Maybe we should just cancel all debt on Sept. 24th. It will be the year of Jubilee. Then we can all start over at $0. What can it hurt? Since having more current debt than GDP and 100x that in promised debt doesn't seem to be a problem, it shouldn't be a problem for all banks and creditors to forgive all debt.

    Instead of lifting the cap on FICA or whatever, wouldn't it be more prudent to encourage people to save for their own retirement? It isn't the 1900s anymore. Everyone has access to investment. Why does the government need to hold your hand as you put pennies in the piggy bank?
    Jul 28, 2015. 11:51 AM | 1 Like Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    @ianxponent "There is no current crisis in SS and there may never be one."

    I don't think that is true. The trust fund is predicted to run out in 2037.
    If the ratio of payers to receivers doesn't increase, then it will start running a deficit.

    The US debt is almost at 100% of GDP.
    correction : It is $2 Trillion past that. Google hasn't updated their number since 2012.

    That's not going to be good in the long run.
    Jul 27, 2015. 02:32 PM | 2 Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    Bob, I can click on your profile and see your post count.

    Good grief you are full of yourself.
    Jul 24, 2015. 04:04 PM | 1 Like Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    I asked you first Bob. As always, you don't like answering questions.

    Are you vested in this stock that you spend so much time warning other people about? What other stocks are you warning other people about?

    You have over 3,200 comments. When was the last time you posted on another stock?
    Jul 24, 2015. 03:53 PM | 1 Like Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    "What does that have to do with BBRY sinking to the bottom of the Ocean?"

    So, that means you are 100% positive about your stance and are going to put down some bets?
    Since you are so sure of yourself, you should be all in. When's it hitting $6? How about $5?
    Jul 24, 2015. 03:43 PM | 1 Like Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    @BobMorgan does this mean you are putting down some bets for November then? Or do you still have absolutely no position in a stock that you spend an absolutely absurd about of time commenting on?
    Jul 24, 2015. 03:09 PM | 2 Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    The slider will be out in November.
    Jul 24, 2015. 02:55 PM | Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    Because Chen said the estimated turn around plan end (6 months) doesn't correspond with the time table for stock holder benefit (12 - 18 months).
    Jul 24, 2015. 11:56 AM | 2 Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    Fiscal 2016 has already started for BlackBerry.
    Jul 23, 2015. 04:06 PM | Likes Like |Link to Comment
  • BlackBerry Acquiring AtHoc to Enable Secure Mass Communication and Collaboration [View article]
    I pinged Paul at QNX and asked him why OBD adapters were still needed (ex. Progressive's SnapShot). Why can't that information be sent from the BlueTooth connection to the user's smartphone app to the insurance company? So, I agree, this might be an opening for QNX to expand in car control as well as push their OTA updates, since currently the fix for the hack requires a USB connection.
    Jul 22, 2015. 09:26 AM | 1 Like Like |Link to Comment
  • BlackBerry Acquiring AtHoc to Enable Secure Mass Communication and Collaboration [View article]
    Except for they hacked non-QNX cars as well.
    The Wired article focuses on Chrysler, because apparently the other car companies ignored the two hackers and Chrysler has been working with them to solve the issue.
    Jul 22, 2015. 08:51 AM | 1 Like Like |Link to Comment
  • BlackBerry: A Glimmer Of Hope [View article]
    "Bob you do realise that QNX is somewhat outdated as BlackBerry cannot afford to keep up with advancing software technologies."

    Like providing support for Apple and Android car connections?
    Can you point to a software technology that (would make sense in a car) QNX can't provide support to?
    Jul 8, 2015. 09:54 AM | 3 Likes Like |Link to Comment
  • BlackBerry Has Found The Floor With Venice [View article]
    "What you can't do on a Blackberry is: Turn up/down your heat, open your garage door, start your car, record a program on your T.V. when you’re not at home, mobile deposit checks, make face to face phone calls across the world for free, etc. Plus all the fun stuff like fantasy sports apps, , iTunes, making travel reservations, playing games... "

    Satire?
    Jul 8, 2015. 09:50 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
657 Comments
1,662 Likes