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jschmidt2

jschmidt2
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  • The Last Of The 2008 Doomsday Scenarios Is Fading Away [View article]
    So money wasted on energy companies is still good? There is little evidence the stimulus did any good. Yes the bank bailout saved the credit markets but last month Obama asked banks to widen lending to less qualified applicants. Is that the same recipe for disaster that got us to 2008? According to the article Obama did everything right. Of course no mention of Obamacare kicking in or the $70 billion costs of regulation that Obama has implemented. Obamacare reg haven;t even hit the economy yet and those will damage it further. Slowest economic recovery since WWII and lowest labor participation rate of 63.3% since 1979. Sure everything is great!
    May 20, 2013. 11:29 AM | 3 Likes Like |Link to Comment
  • Lululemon: Quality Issues More Extensive Than Reported [View article]
    Looking at LLBEAN comments on products, I see many positive ones in fact more than negatives. The author states most people write only negatives but I wonder if it depends on the name store. LLBEAN has a long term loyal following and guarantees their products. Send them back a jacket with a frayed sleeve that is 5 years old and they'll replace or fix it. Too bad more retailers don't follow this. However,, I suspect their loyal followers don't abuse this.
    Apr 26, 2013. 11:50 AM | Likes Like |Link to Comment
  • More on Smith & Wesson (SWHC): FQ3 beats across the board as demand for guns continues to soar. Net profit more than tripled on a 39% surge in sales. The company says its plant has operated at full capacity for the last four quarters, yet still, the gun maker couldn't meet demand across all its firearm product lines. For the current quarter, it expects to earn $0.38 to $0.40 a share on sales of $165M to $170M, above analysts estimates of $0.30 on revenue of $155M, and also raised its FY outlook to $1.17 to $1.19 on sales of $575M to $580M. Despite the solid quarter, investors are taking some profit, as the stock is -2.7% AH. [View news story]
    Optionmaniac- that stat has been debunked. May want to do more research.Evidently, the gun owners were never asked about other guns being used in the incidents. But no problem not owning one. The problem I have using it for defense is if you are going to take all the precautions of not keeping it loaded, and keeping it locked up, then what is the point of having the gun. I doubt if the perpetrator is going to wait until you unlock the cabinet and load it.
    Truffle- just how Australia doing? Because England has a lot of violent crime, burglary and muggings essentially making people prisoners in their homes.
    Mar 5, 2013. 10:13 PM | 1 Like Like |Link to Comment
  • Apple And The Overseas Tax Showdown [View article]
    It doesn't cost the Treasury anything since it is not in the country. If they get a holiday, then the potential revenue money is lost.
    THe US is the only country that taxes overseas profits and we have the highest corp tax in the world
    Jul 12, 2012. 05:27 PM | 4 Likes Like |Link to Comment
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