Jersey

Wall Street Breakfast: Must-Know News

Running out the door...only to say if the oil industry has limits put on it regarding how much it can make in profits, it will only one, make oil more expensive and drive companies further from any possible exploration in or near the usa and two, it will only be a matter of time until it is deemed other companies and entire sectors are making too much profit...who is to decide how much money a company can make? what happened to free enterprise? This is a huge threat to investors and free enterprise and capitalists alike.I'll try to find more info to post if you like...gotta go

Wall Street Breakfast: Must-Know News

Unfortunately other things are demanding my attention at this moment and I cannot give you the attention I would like to however it is urgent mthat either I educate you or you all educate your selfs about the Reasonable Profits Board. Incidentally, this is not to ensure profits larger profits for the company but to take away profits from oil companies because the uneducated public is screaming that their profit margins are too large. The issue has been on the news numerous times recently. I will try to find further information for all of you and post it b/c I feel it is an iportant issue for all investors to be aware of. I truly wish I had the luxury of more time right now but I do not. Be well.

Wall Street Breakfast: Must-Know News

Dear Dectra, Whatever are you ranting about? Do you know something I don't know? If you'll look back, I never accused the Democrats specifically of anything, I merely mentioned that fact that when Presidential elections take place during times of particularly economic stressful times the Democrats more often than not end up in office, if that fact troubles you that's your prerogative. I am not endorsing either party, not by any means and I'm certainly not looking to scare anyone. If I scared you I apologize but I am just stating the facts, again, if you choose not to see them that's your choice, we all are entitled to our opinions, enjoy it. There are not so blind as those that will not see ... I'm not directing that to you now Dear Dectra, I'm simply stating there are none so blind as those that will not see, take it however you like but I know I'm not gonna bend over so easily for anybody, but that's me. You're welcome to bend over for whomever you choose, enjoy and have a lovely day.

Wall Street Breakfast: Must-Know News

Yeah but ...yeah but ... yeah but ... Uh, what uh, what Country did you say this is again? Let's see, tell the companies, starting with the energy sector how much they can make, ie: Reasonable Profits Board, and then tell it's investors how much they can take, ie: doubling the capital gains, of course after they're done raping us for our personal income... Ohhhh... oookayyyy... ummm ... Duhhh, da bus, da short bus, where's dat short bus for all of us investors? I feel sooo much better now that I know who's driving this bus, yeah right! It's probably best that I don't comment again for a while... politely smiles.

Wall Street Breakfast: Must-Know News

Okay, maybe I'm completely misunderstanding the situation, maybe somebody can set me straight. The way I see it is, there is an intention to tax my income at nearly 50%. Then should there be anything left to invest with there is another intention to take nearly half of any profits I might make in the market. Now in my eyes and again unless I'm completely off base, that's a 75% profit ... for someone other than myself ... for me, it's a potential 75% loss... that can't be right... right? Someone, anyone, please, tell me I'm wrong.

Wall Street Breakfast: Must-Know News

Eli, I always enjoy reading your column as I do most of the columns here at SA. Yet the closer we get to this Presidential election the less weight these numbers seem to carry for the average individual investor.I say this, not in hopes of having your readers agree with me that things are bad right now,we all know they are, but in hopes that someone might be able to contradict me and show there may be a future in the market for investors such as myself with less than say 20 million dollars to invest. Actually, when I think about it the more accurate and realistic number may be those with incomes of 250K or more because as we are all aware, traditionally during strenuous economic times the Democrats have more often than not prevailed. Should this trend continue this election season it may have some serious and significant consequences for investors such as; the anticipation of personal income taxes increasing to nearly 50%, the more than doubling of capital gains, and this notion of establishing a Reasonable Profits Board to name but a few concerns. Eli, can you offer any comforting news, can anyone tell me I'm wrong, is this really the end for a large number of investors for who, if in fact these things do come to pass, there simply isn't going to be much incentive to invest under these circumstances. Maybe I'm over reacting, what do you think, anybody?