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  • Wall Street Breakfast: Must-Know News [View article]
    I'll tell you, this whole.... I don't even know what to call it anymore, but I really can't see myself buying ANY financial and especially not Freddie and Fannie after seeing what this pack of thugs is capable of. This administration has created a whole new industry I believe, for treating shell shocked investors!
    May 12 08:42 am |Rating: +3 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Exactly, Obama isn't even through his 3rd month yet, Good lord, look out man, look out.
    Apr 08 09:09 am |Rating: +7 -6 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Let's play a little word association game shall we? If I say, Congressman A, you say? If I say Change, you say? If I say the birthplace of organized crime, you say? If I say you're a coward, you say?
    Apr 08 09:00 am |Rating: +2 -10 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The one thing Obama promised that he has unquestionably kept his word on is change and change we will, weather the people like it or not. There have been countless demonstrations of outrage regarding issues this President has created and if they have one thing in common it is that he doesn't care what the people think any longer, he has convinced himself he knows best even as he makes a fool of himself touring Europe he conveys he is much wiser than any other leaders with decades of experience. I believe he also has addressed the issue of reelection into account as well and has assured reelection regardless of votes as demonstrated in many other Countries where the incumbent wins regardless of the voter outcome which is masterfully manipulated to the point no one could challenge anything let alone attempt to prove anything starting with his falsifying his natural birth records and guaranteeing the Supreme Court never addresses it. The entire political system, the voting system, and even the notion or threat of losing reelection or calling your Representative to complain has become history, again, weather you like it or not, he said, "there WILL be change and change has come. If you think it sounds like science fiction or any other kind of fiction you want to label it I will not argue with you, I cannot believe the change I see on a daily basis myself and just for the record, no, I don't like it, I don't like it one bit.
    Apr 08 08:34 am |Rating: +13 -15 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    He is forcing Banks to take tarp money according to Judge Andrew Napolitano on FOX NEWS. The administration has threatened banks with years of investigations if they don't comply and take the money. Judge Napolitano, a retired NJ Superior Court Judge has said on national television that what is happening is against the law and is technically, extortion, imagine that.
    Apr 03 09:52 am |Rating: +6 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    and growing, every single minute of every single day, like a living organism that will grow very big and very strong and then it will turn and slaughter the American dream along with anyone and anything associated with it, just as planned.
    Apr 01 10:24 am |Rating: +5 -2 |Link to Comment
  • Stewart vs. Cramer: A Cheap Shot  [View article]
    Ok, I will admit to using CNBC as another free resource to filter though as well however when I saw Mr. Thrill up and down my leg being seriously interviewed the other day on CNBC it did cause me to take a brief pause and evaluate weather or not I wanted to continue using CNBC as a resource. So I thought about it after briefly switching to Fox Business Channel and realizing, hey, it's just another free resource and I need as many resources as I can get these day's I ended up back on CNBC eventually. I guess we all have our motivations.
    Mar 15 10:20 am |Rating: +2 -2 |Link to Comment
  • Stewart vs. Cramer: A Cheap Shot  [View article]
    Very nicely written


    On Mar 15 09:50 AM HardToLove wrote:

    > A few points here.
    >
    > 1) Cramer provides a valuable service by *always* reminding his audience
    > of due diligence, never taking his advice as gospel and trying to
    > educate his audience. Whether he is right or wrong about specific
    > market events or equities doesn't bother me at all. Until I see him
    > walk on water or dangling from a wooden crucifix I will never blame
    > him for missed or bad calls. After all, in fairness, I don't have
    > enough years left to target all the others that should be criticized
    > *ahead* of him.
    >
    > 2) I've enjoyed Stewart. However his pillorying of Cramer seems rather
    > presumptuous. It's as if he believes that through his exposure to
    > the reported events and public sentiment he is now expert enough
    > to lay blame for the results. That's one hell of an ego.
    >
    > Allowing that he is a private citizen, as well as an entertainer,
    > he did nothing more that give another public voice to the frustration
    > that many feel. Cramer was the only available "pissing post" and
    > so took it on the chin. I felt a great deal of sympathy for him.
    >
    >
    > As to Santelli: I like him a lot. He was also "another voice" of
    > what many were feeling. If he chose (wisely) not to be the undeserving
    > target of rantings of an egotistical comedic panderer to populist
    > sentiment (which may be an accurate description of the premise of
    > Stewart's show), I congratulate Santelli. His rant and opting out
    > of Stewart's show does nothing to discredit him either.
    >
    > 3) Why has the most important moment of the whole show has been overlooked?
    > When Stewart suggested that the media was at least partly fault for
    > being "in bed" with financial interests, he was right. He then complained
    > about the lack of investigative reporting. He was right that there
    > are many "showmen", commentators, etc., and few reporters. He asked
    > where was the investigative journalism that was the hallmark of good
    > media in past times.
    >
    > This was the one potentially useful thing that came out of the show.
    > Where has the true "journalism" and "investigative reporting" gone
    > in our media? The media seems to have forgotten the important role
    > assigned by our founding fathers to it in the preservation of freedom
    > and democracy.
    >
    > I presume it has gone the way of many useful values in the pursuit
    > of profits - nay, even survival - at the cost of many more important
    > things.
    >
    > 4) Regardless of thoughts to the contrary, it is not just a "financial"
    > crises, it is a societal crises engendered by the wanton abandonment
    > of personal and social values - those that made this country so prosperous
    > and highly-regarded by the world at large through nearly two centuries.
    >
    >
    > The current situation will bring some of these back to the fore as
    > individuals at all levels are reminded of the results of the abandonment
    > of these values.
    >
    > Jack Welch recently commented on the stupidity of running a company
    > for purposes of share price. Maybe this is an early vocal harbinger
    > of the "re-education" which will/should take place.
    >
    > MHO
    > HardToLove
    Mar 15 10:08 am |Rating: +2 -2 |Link to Comment
  • Stewart vs. Cramer: A Cheap Shot  [View article]
    Exactly, you must do your homework and as much as I enjoyed Cramer, at least most of the time, he was never and should never be anyone's sole resource, which is just what I viewed his show as, one resource of as many as I could get without spending a fortune in an attempt to try to make as an informed decision as possible if and when I decide to use any part of those resources be it to add value to a portfolio or gain a small piece of personal investing wisdom from many of those who have a great deal more experience than I have.
    Mar 15 09:57 am |Rating: +11 0 |Link to Comment
  • Stewart vs. Cramer: A Cheap Shot  [View article]
    Well I will say this, if there is one thing I have learned and have to accept unfortunately is the fact that the craft Journalism once was and the principals it once held uncompromisingly high above anything has tragically died. Values, principals, beliefs, politicians ... I'm 51 years old, I guess that's pretty old because I don't recognize any of them anymore. Eh, it's not the correct forum for this, just the same, that's too bad.
    Mar 15 09:36 am |Rating: +13 0 |Link to Comment
  • Stewart vs. Cramer: A Cheap Shot  [View article]
    The attack on Jim Cramer was absolutely atrocious and he did not deserve it at all. I also feel the attack was shared and contributed by Bill Orielly who basically dragged Jim's good name through the mud a few days earlier. Personally I have to hand it to Cramer for having the guts to go on television show discussing the market at all the way it has behaved for the past recent Weeks and Months but I do believe he genuinely did and does so because he honestly is concerned about the average investor. Of course no one is right 100% of the time however in his defense there is a plain to see disclaimer given every single time the man opens his mouth about anything because he does have a fairly significant following and you don't get a following like that by being wrong all the time. As far as the silliness of the show, frankly I'm grateful to Jim and his producers for it, especially today when it's so stressful to even think of going near the financial news lately, we all can use some lightening up and I believe his silly ways were an actually health benefit for many people in today's times. John Stewart had no business doing what he did to Cramer as if he doesn't care for the show he doesn't have to watch it, he could care less about what Jim says and his motives were an attempt to protect a lame brain and crew who doesn't have a clue. Both Stewart and Orielly ought to be ashamed of them self and I hope Cramer sues them for every dime he can, he is absolutely entitled to it after such an unwarranted, unwanted, unasked for attack.
    Mar 15 08:11 am |Rating: +26 -19 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Thank you rcomment .... I think, as I sit here watching a discussion on CNBC about the real possibility of the Dow going to zero. Try to have a good weekend all.
    Mar 06 15:02 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Considering the state of our economy and the constant attention it's deterioration seems to be getting from the adimistration I'm wondering if such a scenerio might be a possibility It seems that everything is collapsing all around us. I was thinking
    about AIG and couldn't help wondering; in your opinion, do you think
    it's possible that , gezz I can't believe I'm even thinking such a
    question but, if the insurance companies collapse can life insurance
    policies collapse with them? They aren't even FDIC insured. What a
    chilling thought. Do you believe it's a remotest possibility?
    Mar 06 08:16 am |Rating: +5 -1 |Link to Comment
  • Eight Companies That Are Hiking Dividends [View article]
    Lets not forget PFE, bring my two largest holding PFE and GE down 50 and 70% respectively. I kinda nauseous.


    On Mar 01 05:26 PM paultaut wrote:

    > It pays to invest in companies with rising dividends but will they
    > continue to do so.
    >
    > Dow Chemical cut its dividend for the first time since inception,
    > thats 96 years. GE last week. How long can you feel safe that the
    > above mentioned companies will not eliminate their dividends when
    > the onerous Obama Corporate Taxes hit.
    >
    > For years Corporations have shielded earnings by using writeoffs.
    > Corporations are currently writing off everything they can, including
    > the Kitchen sinks.
    >
    > Taxable earnings and Incoming taxes are going to be reduced exponentially
    > because taxable earnings are going be shielded by Billions in writeoffs.
    >
    >
    > Believe me, accounting rules will be changed to disallow the application
    > entirely or there will be some other modification. Obama needs the
    > Income for his programs, being unable to fund them because of the
    > writeoffs being used to shield taxable income will not sit well.
    >
    >
    > Something will have to change. In my opinion, the dividend payouts
    > by all corporations are based on current accounting practices. Those
    > practices will change and until we know how much, no one can forecast
    > what will remain.
    Mar 02 08:09 am |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I don't know what or who to believe anymore, but assuming any numbers even have any significance left, can the Dow really go lower, is there actually a bottom or is that just a made up term in an attempt to comfort others, can it go to zero, can it go below zero?
    Feb 20 12:55 pm |Rating: +3 -1 |Link to Comment
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