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nmelendez

nmelendez
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  • The WSJ reports Treasury is considering eliminating some taxes on overseas profits of U.S. multinationals as part of a broader re-write of the corporate tax code also expected to include a significant reduction in the 35% tax rate and closing of some loopholes. However, with election season about to heat up, don't hold your breath waiting for enactment anytime soon.  [View news story]
    So we just keep printing money and let's see how much their money will be worth for overseas investment when it loses 30% more. I guess then they'll repatriate since it will be cheaper to produce goods in the US.
    Sep 10 09:32 PM | Likes Like |Link to Comment
  • Bernanke's Speech: The Die Is Cast For Future Stimulus [View article]
    Good luck with stocks, but you're getting in at a bad time. One more fall to 10000, one more bounce to 11400 and then the bust.
    Aug 28 03:22 PM | Likes Like |Link to Comment
  • Bernanke's Speech: The Die Is Cast For Future Stimulus [View article]
    If you want to go that route there's 1.6 quadrillion, yes quadrillion, in CDS's, MBA's etc, etc. I look at the macro not the micro. Yes the US will go thru a rough patch. I see the dow back below 400. But that to me is a buying opportunity. I am sorry for the rest but i have been saving for over 25 years, waiting for something like this to happen. I hate to sound cruel but stupidity is no excuse, you reap what you sow. Living outside the states will not fix anything. Btw i pay 5 bucks for lunch with soda or something else to drink. I believe very much in dissecting situations without emotion. You get emotional, you lose out on opportunities.
    Next election Obama will lose and whoever replaces him will be just as bad or worse. This will continue until 2016. That's the end date for this depression, recession, drop or whatever you want to call it. It's not Bush's fault, it's not Obama's fault, it's not Greenspan or Bernanke's fault. It's our own fault for being greedy, selfish, stupid and gullible. So in the meantime, enjoy and be safe.
    Aug 28 03:18 PM | Likes Like |Link to Comment
  • Bernanke's Speech: The Die Is Cast For Future Stimulus [View article]
    Next week we should drop to 10000 and then ride back up to 11400 before droping to 1500. Just my thoughts.
    Aug 28 03:43 AM | Likes Like |Link to Comment
  • Bernanke's Speech: The Die Is Cast For Future Stimulus [View article]
    That is one weird way to put it. Bottom line, govt jobs will be cut and they will fit two or three lower paying jobs, under contract, for that one govt job. I beleive this is going to be a job rotating economy in the long run, were you change jobs every year.
    Aug 28 03:41 AM | Likes Like |Link to Comment
  • Bernanke's Speech: The Die Is Cast For Future Stimulus [View article]
    That's been a no brainer since they removed the Mark-to-Market back in 2008/2009. Everyone also knows that the money the Fed has pumped into the banks has been to maintain the bank's margins. Loans are few and in between because everyone knows the secret, we are in the early stages of a major depression. Cash is rare and most of the money out there is equity and not liquid. Until they resolve the Tax issue about who pays and whats fair, we will be going down.
    Aug 28 03:37 AM | Likes Like |Link to Comment
  • Bernanke's Speech: The Die Is Cast For Future Stimulus [View article]
    Golfi,

    Of the 14 trillion dollar debt, Uncle Sam owes 10 trillion to himself. The other 4 trillion are spread out. We do have a problem, but it will be resolved. That people will not like the way it's fixed, too bad. Always expect the best but prepare for the worst. Always has worked for me. BTW DOW 400 is my target to get back into the market. Obama will lose and his replacement will be no better.
    Aug 28 03:24 AM | Likes Like |Link to Comment
  • $140 Oil and How to Profit From It [View article]
    Oil at 150? Who's gonna buy? China? Right, buy with all that american money. Meanwhile we'll get ours from Canada at 90. Oil at 100-110 about right.
    Aug 20 05:10 PM | Likes Like |Link to Comment
  • 8 Uranium Bargains [View article]
    Me, i got a little stock that's a startup by CCJ in Canada. God i love this market, especially Canadian and Brazilian companies.
    Aug 20 05:05 PM | Likes Like |Link to Comment
  • So the U.S. lost S&P's AAA rating for the first time in a 70-year history; so what? Mark Thoma says this is S&P erring on the only side it can after blowing the pre-crisis situation. Always pragmatic Warren Buffett says solvency's not an issue when the debts are all in currency the U.S. can print; inflation, that's another story. Ready to buy on this coming dip?  [View news story]
    About time someone agrees on a flat tax amount. Thank you, Thank you, Thank you!!!!!
    Aug 15 08:13 PM | Likes Like |Link to Comment
  • So the U.S. lost S&P's AAA rating for the first time in a 70-year history; so what? Mark Thoma says this is S&P erring on the only side it can after blowing the pre-crisis situation. Always pragmatic Warren Buffett says solvency's not an issue when the debts are all in currency the U.S. can print; inflation, that's another story. Ready to buy on this coming dip?  [View news story]
    Everyone, 15% across the board, NO deductions. Includes ALL overseas earnings. Else do like KKR and move overseas. However don't call U.S. if things don't quite work out. I refuse to risk my neck for some cheap, lousy, ingrate company who leaves because they....waaaaaaaa i don't wanna pay taxes...waaaaaaaaaaa
    Aug 14 09:03 PM | Likes Like |Link to Comment
  • So the U.S. lost S&P's AAA rating for the first time in a 70-year history; so what? Mark Thoma says this is S&P erring on the only side it can after blowing the pre-crisis situation. Always pragmatic Warren Buffett says solvency's not an issue when the debts are all in currency the U.S. can print; inflation, that's another story. Ready to buy on this coming dip?  [View news story]
    Why?
    Aug 14 08:59 PM | Likes Like |Link to Comment
  • So the U.S. lost S&P's AAA rating for the first time in a 70-year history; so what? Mark Thoma says this is S&P erring on the only side it can after blowing the pre-crisis situation. Always pragmatic Warren Buffett says solvency's not an issue when the debts are all in currency the U.S. can print; inflation, that's another story. Ready to buy on this coming dip?  [View news story]
    TVP,

    legality is only a law established by country which governs it's citzens at home and abroad. If a company makes money overseas i have no problem. If it needs US military support, like we provide contractors, i have no problem. But if a corporation wants US support because they are a US based company, then they pay. Otherwise move. As i said, companies do R&D in the states, make the deductions here then rake the profits worldwide. Sorry i do not agree with that.
    Personally i am for a Free trade system where companies sell and buy in each country and keep the taxes and earnings in house. If a chinese company wants to make money in the states they move here and sell here. Like Mcd and GE go in china. I am against import/export except raw materials. How they buy and sell materials can be hashed out. But until everyone pays their fair share and the Govt quits subsidzing private companies, i am dead set against any and all loopholes and tax cheats.
    Aug 14 12:34 PM | Likes Like |Link to Comment
  • So the U.S. lost S&P's AAA rating for the first time in a 70-year history; so what? Mark Thoma says this is S&P erring on the only side it can after blowing the pre-crisis situation. Always pragmatic Warren Buffett says solvency's not an issue when the debts are all in currency the U.S. can print; inflation, that's another story. Ready to buy on this coming dip?  [View news story]
    Own big chunks of Canada? Sorry they may own Canadian stock as reverse mergers but they will be unable to control boards. Look at BHP and RIO. Canucks aint dumb and everyone knows what China wants.
    Aug 13 04:41 PM | 1 Like Like |Link to Comment
  • So the U.S. lost S&P's AAA rating for the first time in a 70-year history; so what? Mark Thoma says this is S&P erring on the only side it can after blowing the pre-crisis situation. Always pragmatic Warren Buffett says solvency's not an issue when the debts are all in currency the U.S. can print; inflation, that's another story. Ready to buy on this coming dip?  [View news story]
    End of the week, sstill not 2000
    Aug 13 04:37 PM | 1 Like Like |Link to Comment
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