Seeking Alpha

coolcat28

coolcat28
Send Message
View as an RSS Feed
View coolcat28's Comments BY TICKER:
Latest  |  Highest rated
  • Windstream to Spin Off Assets Into Publicly Traded REIT [View article]
    Whaaaaaaa? At first blush this seems like a backdoor dividend cut, and a big one.
    Jul 29 07:06 AM | 1 Like Like |Link to Comment
  • Cramer's Lightning Round - General Electric Needs To Bring Good Things To Life (7/15/14) [View article]
    He said WIN didn't have a safe dividend a few months ago and now he says it's safe.
    Jul 16 09:13 AM | 2 Likes Like |Link to Comment
  • Reynolds American buys Lorillard in $27.4B deal [View news story]
    I'll kindly explain, people who were knowledgable about the merger said the deal would be between $75-$80 a share. $68 is lower than $75, and a lot of the deal is subject to capital gains because it's in cash, i hope this clears things up for you.
    Jul 15 08:48 AM | 1 Like Like |Link to Comment
  • Putting Companies On 'Dividend Growth Probation' [View article]
    What i'm saying is that you saying that COP not raising it's dividend for 2 years is kind of unfair because they spun off PSX which has it's own dividend, and COP kept it's dividend exactly the same even when the revenues for PSX were gone, with that said, i think we will get a much bigger hike this year, and last year they raised it on July 11th, exactly one month away.
    Jun 11 03:31 PM | 3 Likes Like |Link to Comment
  • Putting Companies On 'Dividend Growth Probation' [View article]
    That really isn't fair with COP. They spun off PSX but kept the dividend on COP the same.
    Jun 11 01:47 PM | 4 Likes Like |Link to Comment
  • Iraq in flames again, rebounding oil industry threatened [View news story]
    Sure, the war was won in Iraq, he screwed up the status of forces agreement, because he wanted out at all costs, and now it will revert to the extremists, just like it will revert to the taliban in Afghanistan. I figure he is so unserious in Afghanistan why risk any american lives there, bring everyone home now instead of doing that pretend routine that he's in it to win it. It's obvious that he isn't serious when he announces a surge with less soldiers than the generals asked for and at the same time announces when he's pulling the troops out. No reason to risk american lives with a foreign policy that is that crazy. If he doesn't want war then pull everyone out and have a strict policy of not letting anyone immigrate from muslim countries.
    Jun 11 11:52 AM | 9 Likes Like |Link to Comment
  • Iraq in flames again, rebounding oil industry threatened [View news story]
    You may not be interested in war, but war is interested in you.
    Jun 11 11:40 AM | 2 Likes Like |Link to Comment
  • Iraq in flames again, rebounding oil industry threatened [View news story]
    I would not be surprised if it was found out we are arming them either.
    Jun 11 11:07 AM | 2 Likes Like |Link to Comment
  • Iraq in flames again, rebounding oil industry threatened [View news story]
    You're doin' a heckuva job Baracki!
    Jun 11 10:55 AM | 5 Likes Like |Link to Comment
  • Windstream Holdings' Management Presents at Stephens Spring Investment Conference 2014 (Transcript) [View article]
    What i got out of that............no dividend cut.
    Jun 3 08:34 PM | Likes Like |Link to Comment
  • Windstream's (WIN) CEO Jeff Gardner Presents at 2014 Sanford C. Bernstein Thirtieth Annual Strategic Decisions Conference (Transcript) [View article]
    Seems very committed to the dividend and getting leverage down to 3.4X.
    May 30 09:19 AM | Likes Like |Link to Comment
  • Q1 GDP revised to decline of 1% [View news story]
    You're doin' a heckuva job Baracki.
    May 29 08:47 AM | 13 Likes Like |Link to Comment
  • FT: Errors place doubt on Piketty's theory about rising inequality [View news story]
    .....says the person whining and whimpering about wealth inequality.
    May 28 01:55 PM | Likes Like |Link to Comment
  • FT: Errors place doubt on Piketty's theory about rising inequality [View news story]
    This is not new. Piketty wrote a controversial book. It's probably not flawless. But the people who it irks are in a huff to "find" mistakes and steer the conversation to discredit him.
    ----------------------...
    "Probably not flawless"

    As the figure shows, there is an enormous discrepancy in Piketty’s figures and those that the FT computed. In addition to the figure for the top 10% being off by up to 27 percentage points–the discrepancy that originally caught Giles’ attention–we also see that, depending on which data point one uses for 2010, Piketty’s figure for the wealth held by the top 1% is off by around 9 to 18 percentage points, in the worst case with Piketty reporting a figure that is almost triple the actual value (about 29% instead of 11%, just eyeballing the bottom lines).

    Yet beyond the discrepancy in values for given years, step back and look at the overall historical trend if the red lines are correct (as opposed to Piketty’s blue lines): We see that wealth inequality continued its downward trend even throughout the Thatcher years, and after a spike upward during the 1990s, is now (if we use the lower data points for 2010) at the lowest level in recorded UK history.
    ----------------------...
    "Probably not flawless"

    For the bottom rows (showing the concentration of wealth held by the top 1%), there are better estimates, and Giles has shown some of them, along with Piketty’s reported line (in blue). Now notice: Piketty’s blue line shows a gradual trend upward in the ownership by the 1% from 1970 onward. This, after all, is the whole warning of the book: The rich are getting richer, and if governments around the world don’t start taxing the heck out of them, soon we’ll be back to the Gilded Age.

    Yet the funny thing is, if you look at either of the longer data sets (the bottom red lines) upon which Piketty presumably based his blue composition, you’ll see that neither shows an upward trend in recent decades. In particular, if you look at the longest red series, it shows that the U.S. is currently hovering near the lowest level of wealth concentration in the hands of the 1% in recorded history.
    ----------------------...
    Piketty Fudged His Wealth Data But Progressives Still Support His 'Compelling Theoretical Predictions'

    Really nailed it with that title judging from the sycophants here

    http://bit.ly/1lNXg0y

    So that’s where we now stand: Plenty of progressives up till literally yesterday were saying yes yes, Piketty’s theoretical framework leaves much to be desired, but he’s a top scholar when it comes to the trends he’s documented. And now that much of that empirical work might be totally bunk, the defense is to argue that yes yes, the historical data might be the exact opposite of what Piketty claimed, but boy he offers some compelling theoretical predictions with which we must grapple.
    ----------------------...
    Hey intellectual norm, tell me how being off by 27 percentage points is close enough? Help me understand your econometrics. LOLcats.
    May 26 11:39 PM | 1 Like Like |Link to Comment
  • FT: Errors place doubt on Piketty's theory about rising inequality [View news story]
    Piketty himself said he "smoothed his data", he had multiple unexplained adjustments, and data entries with no sourcing. Are you so gullible you take him at his word?
    May 26 03:36 PM | Likes Like |Link to Comment
COMMENTS STATS
148 Comments
501 Likes