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  • Non-Farm Friday - Payroll Data Sets The Pace  [View article]
    If you knew the NYT changed the editorial later in the day and went ahead and wrote those last paragraphs then you are no better than those you claim manipulate us. If you didn't know, admit the mistake and move on. But if you don't acknowledge it in some manner, then I'm going with my first assumption.
    Jun 7, 2013. 12:02 PM | 1 Like Like |Link to Comment
  • A Sober Wake-Up Call The Morning After  [View article]
    Your Alinsky like tactics aren't going to work anymore. Your arguments are filled with strawmen and are dishonest.
    Nov 7, 2012. 09:19 AM | 6 Likes Like |Link to Comment
  • Initial Jobless Claims: 361K vs. 367K consensus, 367K prior revised (prior week 365K). Continuing claims +53K at 3.27M[View news story]
    867046 This time last year the projected 2012 GDP was 3.5 - 4%. Revised down to 2.5 -3.25%. Not sure about doomsday but the US is not doing its job.
    Aug 9, 2012. 12:07 PM | 3 Likes Like |Link to Comment
  • Thursday Flip-Flop: Now Goldman Sachs Says S&P 1,250 Is Target  [View article]
    So if we opened up federal lands to oil and mining then we might have added 300,000 jobs as well as increasing the worldwide supply of oil and gas to push down prices at the pump and put pressure on middle east nations?
    Apr 5, 2012. 11:03 AM | 2 Likes Like |Link to Comment
  • Chart of the day: Economist Lawrence Mishel shows that more than 80% of the nation’s wealth gains between 1983 and 2009 went to the wealthiest top 5%. The top 1% gained 40% of the nation’s total wealth gain, while the next 4% garnered 41.5%. The bottom 60% lost 7.5% of the gains. (Chart).   [View news story]
    The vast majority of people's wealth is tied up in their home. With the drop in home values, my guess is that its not so much a transfer of wealth as a loss of wealth. Top 10%'s wealth is not concentrated in one place.
    Sep 17, 2011. 06:34 AM | 3 Likes Like |Link to Comment
  • Help Wanted: Need Bull To Defend Netflix, Inquire Within  [View article]
    First NFLX, now RIMM. Quite the week you are having. congratulations.
    Sep 15, 2011. 04:36 PM | 1 Like Like |Link to Comment
  • Why I'm Expecting A Research In Motion Earnings Surprise  [View article]
    Long time BB user, just went in for upgrade. Rep showed me BB, HTC, Iphone and HTC was best value. HTC with android is amazing and only $50 more than BB. Rep said they were having a lot of problems with the new BB only after I decided on the HTC. I know one person's experience does not translate to everyone, but I can't be the only one.
    Sep 14, 2011. 01:16 PM | 1 Like Like |Link to Comment
  • The Real Lesson Of The Crisis  [View article]
    Mr. Roche I have read Understanding The Modern Monetary System several times now since May. Each time I have come closer and closer to your way of thinking and am digging deeper into MMT. Thanks.
    Sep 9, 2011. 11:30 AM | 2 Likes Like |Link to Comment
  • Netflix (NFLX +5.1%) shares power higher on hopes subscribers will choose its pricier plans for combined DVD and streaming, which begin this Thursday. "A lot of investors believe that the price increase is going to be received more favorably than [they did] when it was first announced," Wedbush says, because customers have no place else to go.   [View news story]
    I just cancelled the DVD side and went with streaming. Redbox now gets all my DVD business. Netflix change also got me to looking around at other alternatives. In Sept when subscribers see the price change on their statements, that is when it hits the fan for NFLX. I don't think the majority of subscribers even know the price change is happening.
    Aug 30, 2011. 04:25 PM | Likes Like |Link to Comment
  • 8 Reasons Why Bank Of America Stock Is Poised For A Major Rebound  [View article]
    If they don't need capital why did they give Buffet a sweetheart deal for $5B in preferred shares? What is he afraid of that he won't buy common shares? Or is this just another case of the elite getting preferential treatment?
    Aug 25, 2011. 11:21 AM | Likes Like |Link to Comment
  • Bank of America (BAC) shares rocket higher after announcing a $5B investment from Berkshire Hathaway (BRK.A). BAC will sell 50,000 shares of cumulative perpetual preferred stock with a liquidation value of $100,000/share to Berkshire in a private offering. The preferred stock will carry a 6% dividend. BAC +20.6% premarket.   [View news story]
    Blogger Henry Blodget guesses that they need $20B and the overreaction was similar to 2008 and Lehman. I guess they only needed $5B...today. Its like the old kids game "hot or cold", the closer you get to finding the hidden item the louder the kids scream.
    Aug 25, 2011. 09:45 AM | 2 Likes Like |Link to Comment
  • The best stimulus the government could do would be something energy-related, says economist David Rosenberg. For example, a natural gas infrastructure build-out "would put legions of Americans to work and eventually lead to much lower energy prices for consumers," which, in turn, would lead to a greater disposable income. (Video).   [View news story]
    that would just make to much sense.
    Aug 23, 2011. 07:14 PM | 4 Likes Like |Link to Comment
  • Billionaire investor Wilbur Ross says he's not worried about last week's volatility, nor that he may have been too early a buyer in the downturn. His rationale: "We bought some things during that period on the simple theory that it’s not the end of the world."   [View news story]
    Keep term in this blurb is "Billionaire". Of course he doesn't care. It won't effect his lifestyle one bit as opposed to the non-billionaire guy managing his retirement funds.
    Aug 16, 2011. 06:59 PM | 5 Likes Like |Link to Comment
  • S&P 500 Flashing Death Cross: The Bear Is Back  [View instapost]
    By pushing the collapse down the road last summer, Obama sealed his fate.
    Aug 10, 2011. 06:54 PM | 1 Like Like |Link to Comment
  • Time to Get Serious About the Real Crisis  [View article]
    Thanks for saying it Mr. Roche. They can "pay" for it by closing loopholes and cutting subsidies. Most of those are geared toward large cap companies and the SBO who creates the most jobs keeps the cut.
    Aug 5, 2011. 08:49 AM | Likes Like |Link to Comment