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  • Wall Street Breakfast: Must-Know News [View article]
    "With the financial industry stabilized, and many banks having or about to repay the government's aid with interest, the government is in talks with lawmakers to use unspent TARP money to offset jobs spending and aid the long-term unemployed."

    Yep, once the money is out there, there is no getting it back. $200 billion at 3.5% (~ten year bond rate) interest is $70 billion over ten years that is automatically added to the deficit with no accountability.
    Dec 03 12:04 pm |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    $787,000,000,000 stimulus created 650,000 jobs so far. That $1,210,769 per job.

    But it's on track for 3,500,000 jobs created by the end of the year so that will only be $224,857 per job.

    Well, we'll see.
    Oct 30 11:50 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    We need "thumbs up" and "thumbs down" buttons for articles as we have for comments. You can't rely on a article being on the most read list as often the title will lead you astray and even though you didn't like the article, just by reading it you are endorsing it. Complimentary comments don't help since they aren't available until you have committed to read the article.

    In particular, this article comes to mind:

    seekingalpha.com/artic...

    By the way, I looked for a more appropriate place for suggestions didn't readily find one.
    Mar 27 11:56 am |Rating: +1 -1 |Link to Comment
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