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  • Wall Street Breakfast: UBS Settles Forex, Libor Scandals [View article]
    tomsum,
    When you are at a ball game or theme park and you want a beer or burger you have to pay what ever the price is. You either go hungry or pay!

    LA isn't an island or isolated or remote, consumers will migrate to the best price. Employers will either reduce staff or get creative with their payroll!
    May 20, 2015. 08:40 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: UBS Settles Forex, Libor Scandals [View article]
    This is a list of debt defaults or debt restructures for Greece from Wikipedia (external debt: 1826-1842, 1843-1859, 1860-1878, 1894-1897, 1932-1964, 2010-present;[21][22][23] domestic debt: 1932-1951[21])

    Greeks are the all time champions at spending other peoples money!
    May 20, 2015. 08:23 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: UBS Settles Forex, Libor Scandals [View article]
    I heard yesterday that smaller employers are already refusing to pay the higher minimum wages in cities where it has been implemented. A little creative accounting and mutual agreement with employees who don't want to lose their jobs.

    $15 per hour will with out a doubt lead to more "off the book" employee's and a shift to more independent contractors who get 1099's instead of W-2's!

    For every action there is an opposite and equal reaction!
    May 20, 2015. 08:10 AM | 21 Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Pledges To Boost Bond Buying [View article]
    May became June, June will become July, July will become August........
    May 19, 2015. 08:48 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Pledges To Boost Bond Buying [View article]
    Greece got into the EU by lying about their finances. It is absolutely reasonable to believe that they are still lying about their economy.
    May 19, 2015. 08:41 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    IT,
    I hope your right. Maybe the people will have had enough of the Clinton's and the Bush's by election time.
    May 18, 2015. 11:25 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    Boating was always affordable for the middle-class. The boats were affordable, the gas was cheap and docking fees, licenses were cheap.

    You could get a couple of friends to throw in $20 bucks apiece for gas, beer and bait and be able to spend the day out on the water having a great time.

    $20 bucks won't even get you out of the marina today!
    May 18, 2015. 08:37 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    Hillary doesn't need to utter a peep, except for choreographed talking points, because she is ahead in pretty much all of the polls.

    Her trolls will vote for her (Bill) and they will not listen to anything negative. They have the MSM on their side, they have Hollywood on their side, and they have the money machine on their side.

    Benghazi, money laundering, obstruction of justice or her brain damage, it just doesn't make a difference.
    May 18, 2015. 08:20 AM | 15 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    Technical data news from China is always entertaining!

    They have announced, just prior to an environmental conference in Paris, that they have reduced CO2 emissions in 4 months to the level of the UK and that they are closing 1,000 coal plants.

    No word on what they have replaced those coal plants with.

    http://bit.ly/1L19IrC
    May 18, 2015. 08:09 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    gggl,

    Why does the executive branch need this power now, after 200 years?
    May 15, 2015. 09:24 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    gggl,
    Exactly right!

    There is no enjoyment in owning stocks and bonds and treasuries.

    This is what happens when people have so much wealth that they literally don't know what to do with it. There are only so many mansions that you can live in. Only so many bottles of wine that you can drink in your lifetime, only so many Lear Jets that you can use.

    So they buy a painting that only they and a few friends will ever get to see because.... what else are they going to do with their Billions.
    May 15, 2015. 09:18 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    "give the president the ability to "fast-track" trade deals"

    More power to the Executive branch. When will Congress and the Judiciary put a stop to this? And I am not just referring to Obama, I am talking about the last couple of decades.

    No one in the Congress or the Courts seem to have the courage to challenge the Executive branch any longer. Sad really sad!
    May 15, 2015. 08:43 AM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    Jim,
    The last I heard was that they are trying to establish legal ownership. Going back 70 years and a war have made it very difficult.

    $179 million for one painting? There was also a modern statue from a guy who I have never heard of that sold for $140 million. Insane! Newly released wine from France is selling for thousands of dollars per bottle and that's if they allow you to buy it. Used Chevy's and Ford's are selling for $100,000.

    This is what happens when the world's printing presses are run 24/7 for years!
    May 15, 2015. 08:32 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Dollar Crumbles, Hits Fresh Lows [View article]
    "as it seeks to reassert itself as the dominant force in the global oil market"

    That ship has sailed! The reality is that Saudi Arabia will have to permanently sell larger and larger amounts of oil for under $60 pb or everyone else will just jump back in.
    May 14, 2015. 08:14 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: European Stocks Rise After GDP Data [View article]
    I'm thinking that there will be a massive bi-partisian pushback from the States to stop Walmart from making those disclosures!

    At least until they can figure out a way to hide money!
    May 13, 2015. 08:22 AM | 3 Likes Like |Link to Comment
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