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eabyrd

eabyrd
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  • Thrill Ride Thursday: Data Hurts So Good [View article]
    Burden shared by all Americans... well, except the half that don't pay a thing.
    Aug 9 01:55 PM | 3 Likes Like |Link to Comment
  • Thrill Ride Thursday: Data Hurts So Good [View article]
    So you're an independent?

    And I simply disagree on the $5t. "What could have happened" is hardly objective or quantifiable. It's like Obama touting "we saved millions of jobs." Really? Did American companies come to him and say, "look, if you don't pass this, I'm firing x number of people." We used to be concerned with "jobs created", not some pandering politician's highly subjective "jobs saved" stats, because the former can be quantified. Now, people are actually stupid enough to buy the "saved" and "could have been worse" stories.

    Things may have been worse if he didn't spend $5t, but we can never know until someone creates a time machine that allows us to go back in time and act differently.

    And as far as filling and digging... if the hole is debt, then adding more debt (like we did and continue to do) is simply making a deeper hole. That's pretty simple.
    Aug 9 01:53 PM | 1 Like Like |Link to Comment
  • Thrill Ride Thursday: Data Hurts So Good [View article]
    Easy killer. I never said anything about supporting the right's spending. It irked me just as much when Bush spent money that wasn't there. Maybe Obama was given a "hole," but no one held a gun to his head to make him keep digging.

    The sad part of American politics is that people are overly committed to partisanship. I think both parties suck. I vote so I have the right to bitch and I vote conservatively because I see that as the lesser of the evils. But rest assured, I'll never go very far in defending EITHER party or any particular politician. They ALL remind me of that thing I left in the toilet earlier.
    Aug 9 11:34 AM | 4 Likes Like |Link to Comment
  • Thrill Ride Thursday: Data Hurts So Good [View article]
    Good article, Phil.

    One point... You say, "the only realistic measure of our long-term budget outlook as it includes those "obligations" no one likes to talk about, like all the SS and Medicare and Retirement benefits that we've already promised to hundreds of millions of Americans."

    I agree. So why in the world do you continue to defend the leftist spend, spend, spend mentality? You've correctly determined that it's unsustainable and a disservice to future generations, but then go support the party who is notorious at creating entitlement programs (like the aforementioned). I feel like I'm in the twilight zone.
    Aug 9 09:55 AM | 5 Likes Like |Link to Comment
  • Buy Signal: Pessimism Among Gold Miners Hits Extreme [View article]
    Gold hinged on Ben...
    Jul 27 04:03 PM | Likes Like |Link to Comment
  • Volatility Players: Draghi Saves The Day, For Now [View article]
    Thanks! Another great article.
    Jul 26 06:33 PM | Likes Like |Link to Comment
  • Buy Signal: Pessimism Among Gold Miners Hits Extreme [View article]
    I bought NUGT at lunch at 8.11.
    Jul 23 07:11 PM | Likes Like |Link to Comment
  • Friday's Fabulous Rally Finish: All Downhill From Here? [View article]
    Greed is actually referenced fairly heavily in the Bible... so it has something to do with values.
    Jul 23 09:51 AM | Likes Like |Link to Comment
  • The ECB says it will stop accepting Greek sovereign debt and other assets backed by Athens as collateral as of July 25, but will review the situation after meeting with Greek banks. The ECB's action forces Greek banks to rely on the Bank of Greece for emergency funds, which will be more expensive than the ECB's credit.  [View news story]
    The ECB will cave... as usual.
    Jul 20 02:54 PM | Likes Like |Link to Comment
  • Friday's Fabulous Rally Finish: All Downhill From Here? [View article]
    Phil - Great technical analysis... but terrible political analysis.

    It's not always left v right, GOP v Dems... Wake up. The real battle is that those who govern no longer have the consent of the governed. People are tired of the BS, both left and right. There's no need to defend politicians... they already use your tax money to do that. Division will NEVER result in unification.

    "It doesn't matter if you vote Democrat or Republican, the government always wins."
    Jul 20 02:39 PM | 10 Likes Like |Link to Comment
  • If you think Jamie Dimon (JPM) can't end up like Barclays' Bob Diamond, think again, says Jonathan Weil. The fact that JPMorgan only decided on Thursday to restate Q1 results shows that Dimon still hadn't grasped how internal controls are failing him and the company.  [View news story]
    Oh, sorry.. they have been pointed out. I stand corrected. But that's certainly not the headline. Everyone is focused on the losing side of the bet. Perhaps the winners aren't the ones people want to win, but they're winners nonetheless. I'm not surprised... bad news sells.

    But it is fascinating to watch... perhaps even more so because it's our federal government throwing the stones, as if they're financially responsible and in a place to hand out advice.
    Jul 14 03:08 PM | 1 Like Like |Link to Comment
  • If you think Jamie Dimon (JPM) can't end up like Barclays' Bob Diamond, think again, says Jonathan Weil. The fact that JPMorgan only decided on Thursday to restate Q1 results shows that Dimon still hadn't grasped how internal controls are failing him and the company.  [View news story]
    This whole JPM loss is quite fascinating.

    I've yet to hear anyone make the point that someone won on their loss. Maybe a Euro gov't, maybe another bank, maybe an individual.

    For someone to lose, someone has to win. Of course, that would require an objective media to point out that simple fact...
    Jul 14 01:27 PM | 1 Like Like |Link to Comment
  • The Traders Did It! [View article]
    Perhaps it's a trivial matter, but incorrect nonetheless.
    Jul 14 01:19 PM | 1 Like Like |Link to Comment
  • The Traders Did It! [View article]
    You're right... I am out of my league. You're using a silly movie for your reference. I'm way above using Hollywood fiction for my supporting evidence.

    It's quite amusing.. you're literally trying to get me to perform some experiment to give credence to your claims. But I assure you, anyone with a functioning brain and a grasp on basic English understands that the suffix of '-est' implies an extreme. It can't be surpassed. You can't be 'happier than the happiest,' 'lazier than the laziest,' or, 'dumber than the dumbest.' You can say these things for emphasis, i.e. "You're dumber than the dumbest I've ever argued with on SA," but it's technically impossible and amounts to nothing more than hyperbole.
    Jul 14 12:19 PM | 1 Like Like |Link to Comment
  • The Traders Did It! [View article]
    Whatever you say man... but the quote is "it's always darkest before dawn." You need a little Google in your life.

    I am well aware of how darkness works... and it can't get darker after it's already as dark as it can be. Simple science.
    Jul 13 06:01 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
311 Comments
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