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andres17

andres17
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  • Mythbusting: How Presidential Elections Affect Markets [View article]
    I think Romney might not be as good a candidate as you think. He is not going to solve the fiscal problem. He wants to keep taxes low for the "rich". I think the most important thing for the US to solve is the fiscal problem. It has to be solved by:

    1- Increasing taxes
    2- Cutting expenses

    Now, I think that the tax increase should happen FIRST on the "rich". This economy still needs consumer spending and lets face it, the middle class is where this money comes from. The rich has so much money that they can't spend it. What they do is lend it. We don't need that. Increase the taxes back to where they were before the Bush tax cuts (I would even say a 1% higher). Wait a year or two, depending on how the economy behaves to increase the pre Bush tax cuts to everyone else.

    Regarding the spending, I would concentrate more on the defense budget. Why? Because it is 20% of the budget. We spend more in defense than the rest of the next 15 countries combined! Look it up:

    http://bit.ly/w1w2Ei

    Really, what the hell are we thinking!? We have a fiscal problem that will create havoc in the economy and we are spending in planes, rockets and bombs like there is no tomorrow. Reduce spending there to $200B. Not at once, but in a schedule type of thing.

    Things like this are what we need. And it may be easier for a second term president to make non-popular choices like this. I know Ron Paul would not give a crapshoot and do them in his first term.

    Americans are idiots. They don't see that the last two wars (all of them) are just instruments for the 1% to make big money. That's all it is. And to control important things like oil, etc. They send theirs kids to fight, and die. I am an US citizen, and I would be the first going to a war and fighting a country that target my family. But the reasons have to be right. This Iraq war cost us already 4Trillion dollars. Initial estimates by the Bush admin was like 200B, way off. I find it funny that my Republicans friends still defend Bush, even after knowing that we went to a war in which there were weapons of mass destruction and plans to attack America. The best thing Bush could have done was not to go to war with Iraq, which had nothing to do with 911, and not to expend so much money and lives for something that a small group of people did. Another war like this and we are toast.

    Sorry for the rant people, back to investing ;)
    Aug 4 07:03 AM | 14 Likes Like |Link to Comment
  • Why Apple Will Never Trade At $1,000 [View article]
    I read your article and I have to disagree. The comparison with the AT&T-TMobile is not applicable in this case. Consumers have a lot of choice when it comes to the phones they buy, music player and even tablet PCs. For example, go to Verizon wireless website and look at the overwhelming amount of phones to choose from. Apple is not dominating because they are the only ones making the product, there is competition. Consumers are just choosing to buy AAPL. I don't see how the governement can stop AAPL on the grounds your article says.
    Mar 6 11:21 AM | 8 Likes Like |Link to Comment
  • Surviving And Prospering Over The Next 4 Years Of Economic Darkness [View article]
    Look Bret, I agree with some of your article. But I think the article has too much Republican bias on it. And thus I don't consider it a good article. The deficit needs to be addressed ASAP. But you make it sound as if Romney would have done this job better. His plan does not make sense. He proposed cutting taxes 20% across the board. He proposed increased military spending at the tune of 2 trillion more. It just does not adds up. The Republicans need to bring the tax increase to the table. The Democrats need to bring the spending cuts. Both parties need to compromise. So far Republicans have not compromised, not the President. They wanted to block everything he proposed and make him a one term president. Hopefully now they will work with the guy as opposed to against the guy.
    Nov 7 11:41 AM | 7 Likes Like |Link to Comment
  • Amazon: Fire Phone Is A Flop [View article]
    So let me get your argument: this phone is a shopping app? And you think that is what people want in a smartphone? To be able to shop easier on Amazon? You don't get it. Even if that was what customers wanted, other smartphone manufacturers can just make an app to replicate what this phone does. But I doubt they will do it since this phone will not be a big hit, but a big flop.
    Jun 25 04:00 AM | 5 Likes Like |Link to Comment
  • On The Road To The Endgame: The Farcical Cliff [View article]
    Spending cuts should be focused on Medicare and defense spending. Social Security should be left alone. FICA taxes should be imposed on the whole income, not just the first $100k. And Social Security benefits should be capped to some maximum, independent of how much FICA tax you paid. Granted, that maximum would be pretty high (about 75k a year). Tax rates should go back to Clinton rates for everyone in the US. I agree to first increase it in the first two brackets. But then increase it for everyone else too. Regarding investments, long term capital gains should be taxed at 15% for everyone making 250k or less, and as regular income on the excess. That way, people like Mitt Romney who make all their millions from capital gains can pay a higher rate as the rest of us, and not 13%. Dividend income should be tax free for families making 50k or less (think all the retirees living on ther 401(k) savings). There should be an exemption like that. After all, dividend income money already has been taxed at the corporate level. I would prefer no tax on dividend income, but I guess I have to compromise. Also, corporate taxes need to get in line. No corporation should be allowed to make billions in profits and pay 0% a year on that. The corporate tax code needs to be rewritten, as well as the individual tax code. Deductions need to be capped to a maximum. A guy who has a home worth 100 million and who pays 1 million a year in interest should not be able to deduct that million. Put a cap that makes sense (say 25k) and adjust it for inflation. Also, change the maximum deduction from investment loses to 10k from 3k. 3k is just too low. It has been the same for 40 years and it is unfair. Those are some of my ideas. What do you SA readers think?
    Dec 4 01:24 AM | 5 Likes Like |Link to Comment
  • Investors Don't Understand Apple's Math - A Mistake [View article]
    WoW, I stopped reading after "Try to think about AAPL losing 90% if its value...". So you think AAPL market cap price CAN be lower than their cash equivalent holdings? Dude, keep working as an IT professional and leave investing to the big boys.
    Nov 14 03:08 PM | 5 Likes Like |Link to Comment
  • Apple: Take The Money And Run [View article]
    I have to say I was an Android user (Apple shareholder). I got a iPod touch as a gift and I began using it. I prefer my iPod touch to my Samsung android phone. I would consider buying a iPhone in the future and become a user, not just a shareholder.
    Sep 8 01:27 AM | 5 Likes Like |Link to Comment
  • Mythbusting: How Presidential Elections Affect Markets [View article]
    Typical right response. Which one of the remarks above is delusional? The fact is that you can't have a healthy debate without resorting to insulting me. I invite you to watch this documentary: "Ethos". And then, after you watch it, let's see if your perspective changes.
    Aug 5 05:02 AM | 5 Likes Like |Link to Comment
  • Mythbusting: How Presidential Elections Affect Markets [View article]
    You do know that that had nothing to do with him winning. If McCain won, the same would have happened. We were in the middle of a big financial crisis and the markets continued to fall until March 09s low. Why I am 100% sure the same thing would have happened under McCain. These are the reasons:

    1- After Obama won, those 3 days you cite the market fell were not under his term. He took office a month later.

    2- As the author suggested, policies are the only thing that can change the market direction. There is no way McCain or Obama would have been able to implement new policies in a day. It is not like they take office and say: "Hey, we know what we need to do. It is written in this memo of 200 pages and we need to review it, pass a vote and sign it. Voila!". In the news, markets skyrocket 500 points thanks to the president new policy.

    James, you need to go to college (or asssuming you went already go again and ask for your money) so you can understand how the markets REALLY work. The markets are complex and is not all about the government, there are other big factors that Washington can't control.

    This is not a rant because of ideologies, I am a neutral guy. I would consider voting for Ron Paul because he gets it. Now, Romney is just a Manchurian candidate that doe not know much and in my opinion I can't understand how can someone be so incompetent after expending time in a PE shop.
    Aug 4 06:46 AM | 5 Likes Like |Link to Comment
  • Apple Would-Be Shorts: Bide Your Time, Apple's Run Will Be Over Soon Enough [View article]
    I just have to conclude that this author is a permabear with AAPL, and won't ever admit that he is wrong. Or maybe he just likes to make controversial articles for the sake of views.
    Nov 29 07:02 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    James, go back to the Fox forums. This is not the place for this topic.
    Oct 17 11:59 AM | 4 Likes Like |Link to Comment
  • Why You Should Short Amazon This Fall [View article]
    In the amount of characters you typed that silly comment you could have brought something to the discussion. It seems you think I can't do my homework and have not read much about investing. In that regard you are just plain wrong. I have read as much as you, just not about shorting. And this is the place to ask such questions. This is an investing website. I think seekingalpha is a place for small investors to help each other out. I don't see how my questions are inapropiate for this site.

    Thanks OldWarrior for pointing to the TD Ameritrade teaching tools. And you too Nolesince87 for mentioning it too. I'll head into that direction for more info regarding this topic.
    Aug 19 08:23 PM | 3 Likes Like |Link to Comment
  • Mythbusting: How Presidential Elections Affect Markets [View article]
    Iron Hamster,

    Don't give me an example of the supermarket girl. The fact is I am an engineer with a Masters and I find it appalling that the CEO of my company makes 400 times as mush as I do. I'm not going to say which corporation ;) I am the middle class, and I am ok with working and earning my way. The problem is that the top 1% wants to take a bigger piece of the pie, ever increasing! From 1960s to today they have been increasing their share. Now, if you believe that a company is the CEO, board of directors and bullshit executives, you are wrong. The work the middle class does is what makes it happen. In my work, the engineers are the ones that come up with the IDEAS and design them and make the parts and assemble, etc. I am not saying we should earn more than the CEO, I am ok with a salary hierarchy. What I find disgusting is that I get a 2% salary increase (below inflation) year over year except on promotions while company executives likes CEO's get 30% increases on millionaire payouts. Heck, not even when I get a promotion it is more than 8%. Even companies whose stock price goes down by more than 50% have CEO's making millions. That is the problem, the ever increasing disparity between the middle class and the rich. The problem that the rich don't see is that this disparity creates havoc in the economy. In part, the 2008 recession had some of it roots on this problem. So when you say: "taking money from productive people", I have to call bs on that. Tax the 1%, after all, do you really need to make over 25million a year to live while your employees barely make it and live paycheck to paycheck?
    Aug 5 05:14 AM | 3 Likes Like |Link to Comment
  • Insiders Are Selling Apple [View article]
    I guess there are 3 "insider" at Apple who happen to be billionaires. Forbes should add them to their list, since each one has a net worth of $47B! This article is a waste of time.
    Nov 9 09:48 PM | 2 Likes Like |Link to Comment
  • Where Have All The Apple Skeptics Gone? [View article]
    @ Michael Balir - Actually, 755,000,001 as of today. I just signed a contract with China Mobile, yesterday.
    Oct 27 02:13 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
108 Comments
167 Likes