Seeking Alpha

DavyJ » Comments » CS

  • 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
  • Worst Housing Number in Decades: What Is the Wall Street Media Smoking?  [View article]
    Seasonally adjusted, Lake Erie never freezes.
    Jun 17 11:29 am |Rating: +11 0 |Link to Comment
More on CS by DavyJ
Comments by Ticker
DavyJ's
Comments Stats
100 comments
Rating: 101 (125 - 24 )