Why Bank of America Paid Back the Money [View article]
Yep, we've got Goliath where the hell is David?
On Dec 05 03:00 PM 368275 wrote:
> These wall street thugs also known as Financial executives should > be put in jail who have played with investors money and circumvented > laws and caused enormous pain to the country and thousands of families. > They still have audacity of flexing their mussels. INVESTORS SHOULD > REVOLT AND KICK THEM OUT.
Yahoo Outsources All that Social Nonsense to Facebook [View article]
Strategic defeat could imply losing now in order to win later? As anyone who uses facebook knows, it is fun, pleasantly surprising, and has some energy, and was reported to be discounting the notion it is going public, for now. (which more than likely means it will go public just as soon as management gets the contracts they want) Social is popular, and along with skype, is fleshing out the "global village" thing more and more. But maybe this is just an optimization of existing platforms. Why should Yahoo re-invent the wheel if Facebook has already done it?
On Dec 02 04:18 PM noirblood wrote:
> Don't you mean "strategic retreat"? You don't get defeated "from" > something. You get defeated "by" something. And you retreat "from" > something.
Dubai: The Economically Impossible Dream Is Over [View article]
Good read. Thoughtful. If national pride can be considered a return on investment for NASA at least, and advances in technology, it's harder to feel good about empty skyscrapers, malls, and cities. However beautiful. And then to consider it in terms of real cost, insult to injury.
You are too kind! More like sanctioned gambling, greed, outright theft, and bribery.
On Dec 01 10:36 PM bob adamson wrote:
> In looking at the 2000s as a whole it is important to appreciate > that most of the apparent economic growth and stock market appreciation > over the 2002-7 period was a mirage; the 2008 meltdown was simply > the ending of the illusion.
Ahead of Black Friday: Has Consumer Confidence Been Restored? [View article]
Well said. So what's the problem with the pols having banking patrons? hmmm... oh yeah, it's called today's economy.
On Nov 25 09:30 AM Carlos Lam wrote:
> Tim, you are absolutely incorrect in your prescription for "helping" > the economy. Stimulus--whether fiscal or monetary--will only cause > the economy long-term harm. The stimulus causes further malinvestments--just > like the real estate bubble was a malinvestment created by idiotic > fiscal and monetary policies--that require liquidation further down > the line. > > The problem is that the politicians don't want to preside over liquidation > of debts because they fear a deep depression and--what's more--they > fear the ire of their banking patrons who have bad loans on their > books. What do the pols do? Stimulate. How do they do it? Print, > borrow, and spend. The problem is that one can only print, borrow, > and spend so much before confidence in one's fiat currency begins > to wane. The confidence in the US dollar has already begun to slide, > as evidenced by dollar "sales" by central banks, reduction in long > term debt purchases by overseas lenders, and the continuing increase > in the price of gold.
Another Crisis Looms Right Around the Corner [View article]
....and > by the way, you should have as 6 months emergency fund, not a month > in cash as the author of this post quoted. > > and by the way for those of you are all over the the FED, please > tell me, what would you like the FED to do instead?
Uhh ... it's job for once? As mandated, not the one it does in real life.
Airlines: Some Costs They Can't - And Shouldn't - Cut [View article]
Very good article. And the big "why" is why are ceo's and bankers worth so much more money than the rest of us? (Highlighted nicely by the skill level vs pay decline of the pilots et al). By right's, those high paid bastards crashed the economy for everyone and were well compensated before, during, and after. I am trying to believe (and foolishly still do) in capitalism with all my might, but it's absolute need for cheap labor to guarantee a happy management group often ends in tragedy for labor.
Obama was in the news saying that he strongly urged the banks to start lending again. Rhetoric or results?
On Oct 29 11:03 AM snappers wrote:
> Last forever!! Hell, thy given better than 1/3 to Acorn and the > like. Show me one private sector job created out of this mess. Our > unemployment numbers are straight out of the private sector. How > many govt workers have been laid off to date?
Why Is the Market Going Up When Jobs Are Going Down? [View article]
We just have to pay the Government more than they are being paid now, to get the result we want. Their present employers are happy with the result they are getting I would think. Money has long ago rendered democracy moot. It's just maddeningly obvious now.
On Oct 27 12:05 AM GreenMom wrote:
....
> compared to the rest of the world. We are so far behind in all three, > but I have no idea what it's going to take to get our legislators > to recognize the problem.
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Latest | Highest ratedWhy Bank of America Paid Back the Money [View article]
On Dec 05 03:00 PM 368275 wrote:
> These wall street thugs also known as Financial executives should
> be put in jail who have played with investors money and circumvented
> laws and caused enormous pain to the country and thousands of families.
> They still have audacity of flexing their mussels. INVESTORS SHOULD
> REVOLT AND KICK THEM OUT.
Credit Market Overview: The Battle for PC Superiority Rages On [View article]
Yahoo Outsources All that Social Nonsense to Facebook [View article]
On Dec 02 04:18 PM noirblood wrote:
> Don't you mean "strategic retreat"? You don't get defeated "from"
> something. You get defeated "by" something. And you retreat "from"
> something.
Dubai: The Economically Impossible Dream Is Over [View article]
The Ugly Decade [View article]
On Dec 01 10:36 PM bob adamson wrote:
> In looking at the 2000s as a whole it is important to appreciate
> that most of the apparent economic growth and stock market appreciation
> over the 2002-7 period was a mirage; the 2008 meltdown was simply
> the ending of the illusion.
Ahead of Black Friday: Has Consumer Confidence Been Restored? [View article]
On Nov 25 09:30 AM Carlos Lam wrote:
> Tim, you are absolutely incorrect in your prescription for "helping"
> the economy. Stimulus--whether fiscal or monetary--will only cause
> the economy long-term harm. The stimulus causes further malinvestments--just
> like the real estate bubble was a malinvestment created by idiotic
> fiscal and monetary policies--that require liquidation further down
> the line.
>
> The problem is that the politicians don't want to preside over liquidation
> of debts because they fear a deep depression and--what's more--they
> fear the ire of their banking patrons who have bad loans on their
> books. What do the pols do? Stimulate. How do they do it? Print,
> borrow, and spend. The problem is that one can only print, borrow,
> and spend so much before confidence in one's fiat currency begins
> to wane. The confidence in the US dollar has already begun to slide,
> as evidenced by dollar "sales" by central banks, reduction in long
> term debt purchases by overseas lenders, and the continuing increase
> in the price of gold.
Another Crisis Looms Right Around the Corner [View article]
> by the way, you should have as 6 months emergency fund, not a month
> in cash as the author of this post quoted.
>
> and by the way for those of you are all over the the FED, please
> tell me, what would you like the FED to do instead?
Uhh ... it's job for once? As mandated, not the one it does in real life.
The Global Oil Scam: 50 Times Bigger than Madoff [View article]
Airlines: Some Costs They Can't - And Shouldn't - Cut [View article]
George Soros: The Guru Outlook [View article]
On Oct 29 11:03 AM snappers wrote:
> Last forever!! Hell, thy given better than 1/3 to Acorn and the
> like. Show me one private sector job created out of this mess. Our
> unemployment numbers are straight out of the private sector. How
> many govt workers have been laid off to date?
Why Is the Market Going Up When Jobs Are Going Down? [View article]
On Oct 27 12:05 AM GreenMom wrote:
....
> compared to the rest of the world. We are so far behind in all three,
> but I have no idea what it's going to take to get our legislators
> to recognize the problem.
Where's the Outrage at the Banks? [View article]
Banking Sector: Worst Is Yet to Come [View article]
'Clunkers' Spending Siphons Savings [View article]
Thursday Outlook: Commodities, Global Markets [View article]