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nibelung

nibelung
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  • Herbalife's Shaky Ground Disguised As Good News? [View article]
    No position, but suspect these articles could be buy signals.
    Feb 3 04:13 PM | 5 Likes Like |Link to Comment
  • What If Barack The Government Job Slayer Had Been More Like Reagan The Government Job Creator? [View article]
    "Deficits don't matter"
    "Dick" Cheney
    Nov 12 10:15 AM | 5 Likes Like |Link to Comment
  • Unemployment's Here To Stay [View article]
    You have the crux of the matter.

    The economy can provide goods and services with a lot less (and decreasing) workers, who are just not needed and there are no jobs for them.

    Eventually options like reduced workweeks, required retirement age and lowered standards will come up.
    Oct 8 03:20 PM | 5 Likes Like |Link to Comment
  • Are Herbalife's Nutrition Clubs Operating In Violation Of The Law? [View article]
    Not short HLF. It is commendable that you are following regulations, but most dealers have no idea that they need a business license, collect and remit sales taxes, inspections and several others as noted by the author. That would sink most of them.

    They dodge licensing, codes and regulations because this is a minuscule segment and the health department and others have bigger fish to fry.

    Drug dealers are a larger problem and there they are.
    Feb 8 11:50 AM | 4 Likes Like |Link to Comment
  • Friday Follies: Greece Job [View article]
    Huntsman is handicapped by being sane
    Nov 5 03:06 PM | 4 Likes Like |Link to Comment
  • Housing Will Rebound Stronger Than Expected [View article]
    ...the realities of urban population growth...

    An increasing share of new housing will be multifamily, which the listed builders don't do, and as light frame wood builders can only go 4-5 stories; for real buildings in urban settings the players are developers and serious contractors.

    Rarely mentioned items are the poor materials (all code approved) and workmanship (all inspector approved) in the boom built houses, they will deteriorate faster requiring more maintenance and at some point, combined with the 1 hr commute and $5+ gas, become balls and chains for the homeowner. Even more than now.
    Aug 22 10:47 AM | 4 Likes Like |Link to Comment
  • With Mass Exodus of Manufacturing Jobs, American Labor Market Hitching Wagon to Service Economy [View article]
    We already have GE paying 0% tax, Google 2.4% and Buffet less than his secretary. Banksters are paid to stay in business.

    Tax rates were much higher during the (long gone) Golden Age and the country thrived - in spite of taxes.

    Germans pay more taxes, have more restrictions, have less material goods, but work harder and more conscientiously, and have the strongest economy.

    Once you can manufacture mid and low level goods in China (or Bangladesh, ...) and high quality in Germany, what would be the value added by Americans to make their products competitive? Most tattoos, most TV watching on most flat screens, most drug consumption, most gadget consumption, most waste or most full of it?

    Our main exports are subsidized agricultural (from giant agro business with the minimum number of workers), movies (could Al Qaeda do us one favor and blow up Hollywood?) and Boeing airplanes (a drop in the bucket).

    Our business is down to washing each other's laundry, tricking each other and foolishly attacking other countries.

    "If something cannot continue it will end" and "nothing clears the mind of the condemned man than the sight of the gallows" are a couple of sayings to keep in mind.
    Dec 1 02:30 PM | 4 Likes Like |Link to Comment
  • Herbalife To The FTC: Let Me Take A 'Selfie' [View article]
    It is frequently said that most people sign up as distributors only to get a discount for their own consumption, never intending to build up their own pyramid.

    Seems like introducing a new category, call it "member" or "consumer," with the same dues and requirements, except for recruiting others, would in one stroke eliminate the controversy.

    Members/consumers would concentrate on consuming and distributors on building up their pyramid, thus shutting up the doubters.

    The customer could then easily determine whether they just need the products, whether through the company or cheaper on eBay, or shoot for the Bentley/yacht/mansion. No position.
    Mar 28 12:21 PM | 3 Likes Like |Link to Comment
  • Phablets overtake tablets and portable PCs in Asia: IDC [View news story]
    For 90% of the people this is all the computer they need, takes care of the email, GPS and facebook.
    Aug 30 02:59 PM | 3 Likes Like |Link to Comment
  • U.S. Taxes: Who Makes And Who Pays - More Than The Rich Will Have To Pay More [View article]
    It would be fairer if the 100-200K group you mention, making 26.9% of the income paid around 26.9% of the taxes, not 24.5%.
    By contrast the 50-75K group makes 5.1% of the income and pays 9% of the taxes.
    Who's getting s*?
    Dec 10 11:50 AM | 2 Likes Like |Link to Comment
  • U.S. Taxes: Who Makes And Who Pays - More Than The Rich Will Have To Pay More [View article]
    While a 100% tax would indeed discourage effort, let's do a more realistic example,
    Blessed to be at the 35% rate, we can get a project that should leave a clear $100,000 profit, paying $35,000 in taxes.
    Rate goes back to 39.6%. Tax is now $39,600, an extra $4,600.
    Do we do the project and skip on $60,400 or spite Obama and let it go? Just in case, I go for it.
    Dec 10 11:24 AM | 2 Likes Like |Link to Comment
  • U.S. Taxes: Who Makes And Who Pays - More Than The Rich Will Have To Pay More [View article]
    The data set used runs to 2009 (and past years). Surely Shaw would have preferred the latest numbers, well, these are the latest available. Nothing sinister.
    The numbers and observations would be similar.
    Dec 9 01:34 PM | 2 Likes Like |Link to Comment
  • Bank Charge Of The Day, Mortgage-Payment Edition [View article]
    By the 13th payment we really mean a 13th principal payment, not the full P&I + escrow, a more manageable number. Call it P.

    Determine P (from mortgage schedule/coupon, calc it, call the bank; take the highest or average for the year), divide by 12 and add to each monthly payment as additional principal.

    Alternatively, if that was too hard, use the total payment for P.

    The small mental effort, savings and satisfaction of beating the banksters at something will bring a little monthly joy.
    Jan 6 11:32 AM | 2 Likes Like |Link to Comment
  • The Implications of a Downgraded U.S. [View article]
    mathematically: [none, very few)

    People are each running an optimization routine to maximize their own well-being, not even their families', and forget the country's. Individualism, hedonism and greed, run amok.
    Apr 19 11:40 AM | 2 Likes Like |Link to Comment
  • Lehman Brothers may be in bankruptcy, but the investment bank is still acting like a company that is very much alive. Lehman is a business again two years after declaring the biggest bankruptcy in history, with billions of dollars in cash, 500 employees, real estate and investments in other bankruptcies.  [View news story]
    Helps explain why the Romans salted the ruins of Carthage
    Sep 15 11:12 AM | 2 Likes Like |Link to Comment
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