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sieraromero » Comments » AMP

  • Wall Street Breakfast: Must-Know News [View article]
    ReferenceNFC-- Norfolk Southerns negative earning announcment. This is just an observation and not directed at NFC but, the economy in general. Here in Idaho we have many miles of unused train tracks. Lately they are being filled up with parked rail cars that the railroad companies are paying to park their cars that are not being used. They stretch for miles. They are leasing the lines and paying per car with possible long term leases. In my opinion this definately , contrary to the talking heads on CNBC implies that THE ECONOMY IS NOT THAT STRONG AND MAY INDEED BE GETTING WEAKER, AND REMAINING THAT WAY FOR SOME TIME!
    Apr 22 10:08 am |Rating: +9 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The depression will not arrive. We are already talking about doing away with mark to market accounting. If we say that the assets are worth 200% more than their true value, why should the market have to go down. We should just pass laws to eliminate the posting of corporate losses. We could also say that the government is not running a deficit and instead is running up huge budget surpluses. Why all the worry? Because they are running huge surpluses we can pump a trillion or 3 into the economy and it won't create inflation down the road in our capitalistic utopian economy. Don't Worry- Everything is going as planned and is under control! LOL
    Jan 29 08:36 am |Rating: +8 -1 |Link to Comment
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