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nmelendez

nmelendez
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  • 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]
    Just wait till fannie and freddie declare chapter 7. 3 trillion of the debt wiped out with one pen stroke. China has most Fannie and freddie bonds? oops, sorry......
    Aug 7, 2011. 10:41 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]
    "Fact - Stealing Sewer Caps is not a sign of an impending crash.
    Stealing Stops signs would be." LMFAO ROFL good one!!!!!
    Aug 7, 2011. 10:34 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]
    I'll just go fish it. Golfito, got me a solar heater for when the power goes, hot water stays hot for 5 days, 82 gallons. 1 Kw for my emergency lights and dish. 500 W wind turbine. Got me 1 acre with bananas, avocados, breadfruit and prickly pear. Got chickens..but no gun. I do have a nice 175 lb crossbow, arrows are retreavable...jejeje.
    I also have some gold and silver but to me, i can't eat it, wear it or do anything with it.
    I am not a pessimist, i used to fish crawdads in the river and cook them out in the country. Best eating ever. I fish and also eat the fish. There is so much food out there that all you need to do is go get it. City folks, those i feel sorry for.
    As for wearing gold jewelry, i got my watch and that's about all i wear and it's not gold.
    Aug 7, 2011. 10:31 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]
    I never said there were cuts. It's all smoke and mirrors, the 2.4 trillion dollar cut. All the savings, supposedly, after 2012. My comment was that all the house wanted were entitlment cuts and all the Dems wanted was revenue income. In the end the agreement was to cut something somewhere somehow sometime later after 2012. What? Your guess is as good as mine.
    Aug 7, 2011. 10:18 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]
    You keep forgetting. US is self sustaining. China depends on other countries for their sustenance. The BRICS are going to have a rude awakening when China starts exporting their people for cheap labor. Look at what's happening in Brazil. I am sorry but have heard this "the sky is falling" one too many times. We will work our way out of it.
    Aug 7, 2011. 12:49 AM | 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]
    Free Market and China are antonyms, not synonyms.
    Aug 6, 2011. 10:21 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]
    China has a better Bernie Madoff type capitalism than we do. Copyright laws infringed arbitrarily, favoritism with SOE's and the latest is the reverse mergers with US companies accompaniedd by false earnings report. They are nothing more than fancy thieves. They make for a good trade though, made 40,000 off them trading. Problem is the last one holds the bag full of...you get the idea.
    Aug 6, 2011. 10:20 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]
    The sane people wanted cuts and revenue, not just one or the other. The only thing the House offered were cuts, basically it was the Ryan plan. Sorry but please get down from the high horse and tell the full truth.
    Aug 6, 2011. 10:09 PM | 1 Like Like |Link to Comment
  • S&P Does It: Drops U.S. Long-Term Credit Rating on Negative Outlook [View article]
    Problem is the deal got done and they downgraded anyway. These guys should be de-listed. Missed Enron, Worldcom, MBS's and now they downgrade the world reserve currency holders? I bet Republicans have shorts on all the markets and i hope the market runs for the sky.
    Aug 6, 2011. 10:03 PM | Likes Like |Link to Comment
  • S&P Does It: Drops U.S. Long-Term Credit Rating on Negative Outlook [View article]
    This is really an act of cowardice. Everyone knows the true worth of the USD...it's stability. Who will replace it? The Yen, the Yuan? What would i want with foreign currencies? Gold and silver are scare tactic money. Personally, i do hope China stops shipping to us.
    In the meantime my suggestion would be a flat 15% fee and annual repatriation of earnings from all US companies. Any company wanting to change sovereign flag, 38% tax exit fee. Coming back because it did not work out, 50% entrance fee. And they are not taxes, they are fees like the Tea Party wants! Arses.
    Aug 6, 2011. 09:58 PM | Likes Like |Link to Comment
  • S&P Does It: Drops U.S. Long-Term Credit Rating on Negative Outlook [View article]
    US is not AA. US is stil AAA rated. You only need two of the three rating agencies to maintain a rating.
    Aug 6, 2011. 09:50 PM | Likes Like |Link to Comment
  • S&P Does It: Drops U.S. Long-Term Credit Rating on Negative Outlook [View article]
    What he is saying is that most pension funds, sovereign accounts, banks and other major holders are required to hold AAA securities. If you downgrade the security, as happened in 2008, they are obligated to liquidate them and buy some other AAA rated security. That was the big crash, everyone liquidateing MBS's at the same time after they were threatened and then downgraded. Only thing McG does not realize is that only two rating agencies are required to maintain the AAA rating for a AAA ratedd security. S&P will soon be replaced with Geico. Get ready for the Gekko!
    Aug 6, 2011. 09:48 PM | Likes Like |Link to Comment
  • S&P Does It: Drops U.S. Long-Term Credit Rating on Negative Outlook [View article]
    They only need two of the three rating agency's to be AAA.
    Aug 6, 2011. 09:38 PM | Likes Like |Link to Comment
  • S&P Does It: Drops U.S. Long-Term Credit Rating on Negative Outlook [View article]
    I guess S&P just can't seem to ever get it right, even when they are wrong!
    Aug 6, 2011. 09:36 PM | Likes Like |Link to Comment
  • A True Safe Haven: Go Long the U.S. Dollar via UUP [View article]
    if i could get 2,000,000 dollars loan at .25% yearly interest i'd pick that money up so fast, you would feel the wind of me passing by 1 week later...yep that fast!
    Aug 6, 2011. 10:23 AM | 1 Like Like |Link to Comment
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