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  • 9 Million New Jobs And Counting [View article]
    Growth in personal disposable income does not reflect a growing labor force. Most of the jobs are minimum wage or slightly higher than unemployment benefits. This recent jobs report shows only 2000 high paying jobs were added. Not a rosy outlook.
    Apr 5, 2014. 09:21 AM | 2 Likes Like |Link to Comment
  • Government contractor Booz Allen Hamilton (BAH) has become caught up in the revelations about the National Security Agency's surveillance programs after one of its (soon to be former?) employees, Edward Snowden, came forward as the source of the leaks. Booz Allen has said in securities filings that leaks could hurt its business - the firm generated 98% of its $5.76B in revenue in the last fiscal year from the government, with 23% coming from intelligence work. [View news story]
    Shouldn't we be infiltrating Islam and not our fellow Americans?
    Jun 10, 2013. 06:31 AM | 4 Likes Like |Link to Comment
  • Goldman Sachs (GS) has reduced the number of partners by 31 to 407 in the nine months since February as part of its cost-cutting efforts. However, Goldman has set aside $10.97B for compensation so far in 2012, up 10% from a year ago. Bloomberg has the list of who's out[View news story]
    There are no partners in a corporation. Do you mean senior executives or major stockholders?
    Nov 5, 2012. 06:48 AM | Likes Like |Link to Comment
  • NBC parent Comcast (CMCSA) has bought out Microsoft's (MSFT) 50% stake in, and has already rebranded the site as Financial terms weren't disclosed, but sources say the stake changed hands for ~$300M. (previously)  [View news story]
    Goodie! NPR and Al Sharpton, can't wait for the new format, Barack and Charlie Rangel.
    Jul 16, 2012. 07:10 AM | 1 Like Like |Link to Comment
  • The new iPad (AAPL) is announced. In-line with expectations, the device features a retina display (2048x1536 resolution), 4G LTE support, and A5X processor - Apple boasts the quad-core chip is 4x as fast as Nvidia's (NVDA) Tegra 3. Also included is a 5MP "iSight" camera that possibly features an OmniVision (OVTI +2.3%) image sensor.  [View news story]
    Still producing with slave labor and keeping the money in China to avoid taxes. A real American success story.
    Mar 7, 2012. 03:21 PM | 4 Likes Like |Link to Comment
  • A coalition of Internet companies including Google (GOOG), Apple (AAPL), Microsoft (MSFT) and Mozilla agrees to support a do-not-track button to be embedded in most Web browsers. The reversal will be announced as part of the White House's call for Congress to pass a "privacy bill of rights" to give people greater control over the personal data collected about them.  [View news story]
    The spineless corporate leaders have again capitulated to the corrupt elected officials in Washington, who will eventually suck the internet companies dry. Instead of resisting they are appeasing and we all know how that worked out for Chamberlain. Let the users of the sites determine if they want their info public. Duh!
    Feb 23, 2012. 08:53 AM | Likes Like |Link to Comment
  • Q3 GDP (3rd estimate): +1.8% vs. +2.0% forecast, +2.0% prior. Core PCE +2.1% vs. +2.0% forecast, +2.0% prior. Personal consumption +1.7% vs. 2.3% forecast, 2.3% prior. Corporate profits +1.2%, +1.6% prior.  [View news story]
    Where's the beef?
    Dec 22, 2011. 08:54 AM | Likes Like |Link to Comment
  • Obama outlines an ambitious plan: $170B in payroll tax relief for workers and their employers, $194B for an extension of jobless benefits, a $105B investment to rebuild roads, bridges and other crumbling infrastructure, plus $35B to help states prevent further layoffs of teachers and law enforcement - all to be paid for through the existing $1T budget cut put through Congress last month.  [View news story]
    Lay down with a dog, you get up with fleas!
    Sep 8, 2011. 08:46 PM | 4 Likes Like |Link to Comment
  • Initial Jobless Claims: +5K to 417K vs. -3K consensus. Continuing claims -80K to 3.64M[View news story]
    Obamaeze! He's infiltrated the Department of Labor. Sad.
    Aug 25, 2011. 08:48 AM | Likes Like |Link to Comment
  • NYSE Euronext (NYX) snubs Nasdaq (NDAQ) and ICE's (ICE) $11.3B bid as "strategically unattractive, with unacceptable execution risk," favoring Deutsche Boerse's (DBOEY.PK) $10.2B offer which is "significantly more likely" to go through. NYSE CEO Duncan Niederauer says the hostile bid would irreparably butcher his company.  [View news story]
    We've lost the steel industry, the auto industry,the garment industry and now we're losing the Icon of American capitalism to the Germans. We're awash with oil we can't drill for and debt we can't repay. But all is not lost. We make one hell of a hamburger.
    Apr 11, 2011. 07:25 AM | 1 Like Like |Link to Comment
  • Wal-Mart (WMT) plans to reformulate thousands of products to make them healthier, and will push its suppliers to do the same. Sources say first lady Michelle Obama will join Wal-Mart executives at an event today to launch the effort.  [View news story]
    What is next? Will King and Queen Obama tell us what to think? Go back to whereever you are from and leave us alone.
    Jan 20, 2011. 09:00 AM | 1 Like Like |Link to Comment
  • Stocks Strong or Dollar Down? [View article]
    The non believers will tell you all the wrong reasons why stocks are going up. This is the latest example. Stocks are going up because companies are making money hand over fist, the economy is flush with money,interest rates are low and stocks are cheap. All the rest is poor bullshit.
    Sep 26, 2010. 10:56 PM | 1 Like Like |Link to Comment
  • With the 60-39 vote that pushed financial reform through the Senate, the focus now turns to 10 regulatory agencies which will be tasked with writing hundreds of rules that govern finance under the new law, and will determine just how strict the new measures will be.  [View news story]
    A new Full Employment Act for the lawyers,those greedy characters that promulgated the FinReg in the first place. A tyrant in the White House with his merry band of lemmings, will do us more harm than Jimmie Carter. Time to move to the suburbs, Mexico.
    Jul 16, 2010. 09:01 AM | 3 Likes Like |Link to Comment
  • The "Restoring Financial Stability Act of 2010" fails to address any of the pertinent issues that were the impetus for reform, Minyanville's Scott Redler writes: "It's the same political jargon, social programs, and language that doesn't promote anything but more spending."  [View news story]
    The media succumbs to the late night drama of the fools in Congress passing or agreeing on a "Financial Reform Bill" that is more about buying the votes of "God's" chosen, the blacks, the illegal immigrants and the poor. The joke is that the liberals who put these idiots in office will be paying through the nose in higher taxes and bank fees. "God help America".
    Jun 25, 2010. 09:05 AM | 2 Likes Like |Link to Comment
  • President Obama will reportedly tell BP (BP) executives this week that he wants the company to establish an escrow account to pay damage claims over the Gulf of Mexico oil spill. The move is the latest effort by the White House to be sure BP, not taxpayers, wind up paying the bill for the nation’s worst environmental calamity.  [View news story]
    Oblabla hasn't a clue of how to be the President of the United States. He's alienated our two staunchest allies, Great Britain and Israel and embraced the Muslim's who are now making secret deals with the Taliban. Oblabla thinks the oil spill is another photo op and has completely ignored the brain power of the American citizen, who have concrete solutions to solving the problem in the Gulf. We've survived idiots like Oblabla before. Hopefully, those that embraced his bla bla will take more time to evaluate the credentials of the next presidential candidate.
    Jun 13, 2010. 10:14 AM | 12 Likes Like |Link to Comment