gonlymoney

A Reason To Be Cautious on Visa, Mastercard

Hooooooray, some one out there with some good sense. Great post; I am ready to save 5 percent for paying cash whenever I can. You're analysis of the fee issue is as right on as your analysis of the thinking behind the fee argument and your perception of our rotten, scoundrel filled, government.


On May 21 06:32 AM g-wood wrote:

> The gubment should stay out of future regulations unitl it can prove
> it will monitor and enforce what is already on the books. The current
> gubment is the all time worse we have had and have proven to be prevaricators,
> procrastinators, and of course, politicians more interested in staying
> in office than doing good for the US.
> If merchants find fees excessive let them offer 5 percent or more
> discounts for using cash and if advertised properly and offered for
> an extended time, that should bring both major cards to the table
> to negotiate fees.
> This intrusion into credit card fees is merely face-time for a club
> of elites who should spend more time getting the country out of debt,
> better educated, and more respected in the world vision.

Three Reasons for Sirius Aggravation

Imagine a five passenger, American auto that was built to safety standards, that got 40 miles per gallon,and that had an engine design which would actually permit an owner to work on him/herself. I am remembering a Vauxhal from the sixties that was a great commuter car that was reasonably comfortable and had a sweet 4 cylinder engine that could be serviced by any owner with a worm's good sense. That car got 30 mpg without the benefits of modern weight reduction technologies. Build a similar car with a gasoline and natural gas engine options and a company might not keep up with demand.
Henry Ford's company reduced the price of his early cars for several years knowing that such a reduction would open up wider markets. No one wants to mortgage a freaking tool that will wear out and/or lose its value before it is paid off.

The 'Real' Story Behind the XM/Sirius Merger

I find it preposterous that others imply that you are crazy because you want the truth outed about the stock you own. I have been long this stock for too long and like others, have agonized over the ineptitude of the FCC and governmental interference over the merger. More hours, filings, and disclosures have been made about the M/A than the combination of Exxon Mobil.
However to suggest that you are crazy or not long at all on the SIRI stock is typical of the narrow thinking of this message board.
As an investor, I expect risk but not complicity by a CEO to cover up information that would certainly have affected my decision on whether or not to purchase SIRI. One reason the market is depressed is total lack of confidence in the operations of the markets and those who should be governing/policing on behalf of investors. It seems that once again the CEOs and goverment-watchdogs have failed the consumer who is ultimately the loser, all-a-round. I thank you for the first full explanation about why this stock and merger have been so disappointing.
Unfortunately there will be no justice for those who lose their investment even if fraud has occurred; one can't get compensation from a dead company nor sue the government, Too bad the latter is not possible, too bad.

A Reason To Be Cautious on Visa, Mastercard

The gubment should stay out of future regulations unitl it can prove it will monitor and enforce what is already on the books. The current gubment is the all time worse we have had and have proven to be prevaricators, procrastinators, and of course, politicians more interested in staying in office than doing good for the US.
If merchants find fees excessive let them offer 5 percent or more discounts for using cash and if advertised properly and offered for an extended time, that should bring both major cards to the table to negotiate fees.
This intrusion into credit card fees is merely face-time for a club of elites who should spend more time getting the country out of debt, better educated, and more respected in the world vision.