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Duude

Duude
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  • What's Driving The Part-Time Labor Market? Results From An Atlanta Fed Survey [View article]
    The shift to part time work lessens the burden of business to supply workers with the additional benefits full time employment often provides. But these are also jobs that generally require less training & education, and are most likely to disappear quickly when the economy downshifts. These are jobs most suitable for the level of expertise the majority of the population is prepared for.
    Aug 6, 2014. 10:29 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Sprint Drops T-Mobile Bid And Replaces CEO [View article]
    We've all heard it over and over----lower the corporate tax rate and close the loop holes. But this isn't getting done because politicians depend upon corporate lobbying for those loopholes, for each election. If we truly lowered the tax rate and permanently closed loopholes, congressmen and the President would be hard-pressed to find enough campaign cash to run an effective campaign. Each election would be met with all-comers capable of self-financing a campaign for office. A large swath of tax accountants and attorneys would be out of work,corporate America could focus on building business, people would be working, the birds would be singing.............
    Aug 6, 2014. 09:30 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: AIG Settles Crisis-Era Lawsuit And Posts Profit [View article]
    As I understand it, the only outstanding litigation Greenberg has is a $55 billion dollar lawsuit against the federal government, and a defamation suit against Elliot Spitzer.
    Aug 5, 2014. 11:57 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Portugal Rescues Banco Espirito Santo With $6.6B [View article]
    The ECB may do a real stress test, but they aren't going to be reporting real results. A stress test will tell them where they stand but the goal isn't to close any more European banks. The ECB can prop up banks for an indefinite period of time which in theory should provide time enough to get healthy, even if it takes 20 years. The only way they would shut down a bank is if the bank should start acting recklessly and was to ignore the ECB's warnings.
    Aug 4, 2014. 11:19 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Portugal Rescues Banco Espirito Santo With $6.6B [View article]
    Banco Diablo? Banco Malo? They don't speak spanish, they're Portuguese. It would be Banco Diabo, or Banco Ruim.
    Aug 4, 2014. 11:04 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Portugal Rescues Banco Espirito Santo With $6.6B [View article]
    Indeed, the general population is superstitious, but when there are billions to be made, a new Chinese supplier will come out of nowhere.
    Aug 4, 2014. 11:01 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Condensate Leaves U.S. Shores As Industry Demands Export Guidelines [View article]
    Working in the EU? Taking into consideration the relatively small PIIGS bond market, the Eurobank is far more aggressively buying up PIIGS obligations than the Fed was at their peak buying. This isn't a fix, its a band-aid as it is for the US bond market. The difference? Watch the aftermath in both markets over the next decade. Temporarily propping up a bond market has implications that will be revealed over years.
    Jul 31, 2014. 02:29 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: GM Faces New Ignition Switch Lawsuit [View article]
    So-called new GM, is not responsible for legal claims relating to incidents that took place before July 2009. Those claims must be brought against what remains of old, pre-bankruptcy GM. It seems to me what remains of 'old gm' include the assets represented by the favorable treatment of union members and the tax savings via the pass through of all tax loss carry-forwards GM got despite having filed for bankruptcy. All told, that's a multi-billion dollar pot litigants ought to be able to attach.
    Jul 30, 2014. 11:45 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Argentina Sends Last-Minute Delegation To Avert Default [View article]
    Don't diss headless chickens like that.
    Jul 29, 2014. 01:44 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: SEC Reforms, Tech Earnings, PayPal Expansion [View article]
    I fully expect a year from now, in response to an escalation of Nigerian fraud, Paypal will tell us they didn't see it coming.
    Jul 23, 2014. 08:54 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: AbbVie-Shire Deal, GM Testimony, Malaysian Airlines Crash [View article]
    Yeah, the Malaysian plane pilot worked closely with the Ukraine rebels to fulfill his suicidal desire to be shot down.
    Jul 18, 2014. 10:36 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: AbbVie-Shire Deal, GM Testimony, Malaysian Airlines Crash [View article]
    'straight from fox propaganda channel'?

    Sounds like you got your post from the White House propaganda website.
    Jul 18, 2014. 10:29 AM | 12 Likes Like |Link to Comment
  • Wall Street Breakfast: Russian Sanctions, Glaxo Guilty, VW-Fiat Rumor [View article]
    1000? Border states will see tens of thousands which will be hundreds of thousands when their extended families are passed through later.
    Jul 17, 2014. 09:29 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Russian Sanctions, Glaxo Guilty, VW-Fiat Rumor [View article]
    I'm glad I skipped Win 8 and went straight to Win 7.
    Jul 17, 2014. 09:23 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: GM Testimony, Citigroup Settlement, Immigration Crisis [View article]
    Well, with that thinking perhaps we ought to send a few air craft carriers to the middle east to load up on middle eastern refugees. We can always blame everything on America. Its a big, fat open target. Its also intellectually dishonest to say the least. The problems in central America center on an uneducated people continually allowing corrupt politicians to reign havoc on any possibility of building the foundation for economies that would support the advancement of their respective citizens. We can't even send an aid package without fully expecting the proceeds to end up in some offshore account for the benefit of the countries' so-called elected officials. Countries don't even fight the inflow of illegal drugs because there's big money to be made. No, blaming it all on America is both easy and ignorant.
    Jul 9, 2014. 12:26 PM | 9 Likes Like |Link to Comment
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