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  • December Existing Home Sales: The Housing Bear Market Is Back  [View article]

    People confuse the difference between the median home price of existing versus new homes.

    Although in theory rising home prices are good, it's a double-edged sword since it makes housing less affordable based upon the 20% down-payment and the financing cost.

    Until we get no-money down again the drag from rising prices could be a real problem for affordability. Best-case scenario, I think is one in which housing is back to a utility rather than an investment and maintains a stable value.
    Jan 26, 2014. 08:31 AM | Likes Like |Link to Comment
  • Three Sunday reads  [View news story]
    Shouldn't France be more concerned about changing its attitude toward success?
    Jan 26, 2014. 08:18 AM | Likes Like |Link to Comment
  • Barron's: Munis the best value in fixed income  [View news story]

    Thanks for the clarification - I suspected as much. That's one of those adjectives with investment connotations :)
    Jan 13, 2014. 09:04 AM | Likes Like |Link to Comment
  • Barron's: Munis the best value in fixed income  [View news story]

    How do you define "top"?

    Are you recommending these?

    Jan 11, 2014. 01:55 PM | Likes Like |Link to Comment
  • Brutal week for retail sales  [View news story]
    "Sales fell over 5% on the year-over-year comparison."

    I believe that is an error - the reference is to week to week. Y/y was positive according to the other post.
    Jan 7, 2014. 08:27 AM | 1 Like Like |Link to Comment
  • Uncertainty abounds as healthcare deadline looms  [View news story]
    Blame Bush?

    Dec 22, 2013. 10:12 AM | 1 Like Like |Link to Comment
  • Caterpillar releases dealer stats for November  [View news story]
    This seems so bizarre. CAT was sometimes called a "bellwether" stock.

    Is it just mining that is the problem for them?
    Dec 19, 2013. 09:53 AM | Likes Like |Link to Comment
  • Initial Jobless claims jumps 68K to 368K  [View news story]

    You might find it interesting that David Rosenberg has come around to your point of view on the economy:

    "David Rosenberg: U.S. economy in 2014 has more upside than many think"
    Dec 12, 2013. 11:52 AM | Likes Like |Link to Comment
  • Obamacare Web site improving but problems still remain  [View news story]
    Only in the field of government would a 10% error rate be considered an "improvement".

    Sadly for those victims of the error they have no clue that they actually don't have the insurance they thought they purchased.

    Dec 8, 2013. 12:51 PM | 4 Likes Like |Link to Comment
  • Light quality helps LED bulb sales grow in spite of high prices  [View news story]
    Add the fact that fluorescents are mercury bombs and toxic for the environment and you have to wonder how stupid this whole banning of Edison's greatest invention has turned out to be.

    Wacko environmentalists run wild, run free and cause destruction to you and me!

    Straight from the EPA:
    "Before Cleanup

    Have people and pets leave the room.
    Air out the room for 5-10 minutes by opening a window or door to the outdoor environment.
    Shut off the central forced air heating/air-conditioning system, if you have one.
    Collect materials needed to clean up broken bulb:
    stiff paper or cardboard;
    sticky tape;
    damp paper towels or disposable wet wipes (for hard surfaces); and
    a glass jar with a metal lid or a sealable plastic bag.

    During Cleanup

    DO NOT VACUUM. Vacuuming is not recommended unless broken glass remains after all other cleanup steps have been taken. Vacuuming could spread mercury-containing powder or mercury vapor.
    Be thorough in collecting broken glass and visible powder. Scoop up glass fragments and powder using stiff paper or cardboard. Use sticky tape, such as duct tape, to pick up any remaining small glass fragments and powder. Place the used tape in the glass jar or plastic bag. See the detailed cleanup instructions for more information, and for differences in cleaning up hard surfaces versus carpeting or rugs.
    Place cleanup materials in a sealable container.

    After Cleanup

    Promptly place all bulb debris and cleanup materials, including vacuum cleaner bags, outdoors in a trash container or protected area until materials can be disposed of. Avoid leaving any bulb fragments or cleanup materials indoors.
    Next, check with your local government about disposal requirements in your area, because some localities require fluorescent bulbs (broken or unbroken) be taken to a local recycling center. If there is no such requirement in your area, you can dispose of the materials with your household trash.
    If practical, continue to air out the room where the bulb was broken and leave the heating/air conditioning system shut off for several hours."

    The last instruction is so hilarious it makes you wonder if this was written by the Onion.
    Nov 2, 2013. 11:12 AM | 5 Likes Like |Link to Comment
  • Modelo Especial becoming a force in U.S. beer market  [View news story]
    Modelo is actually a very tasty beer!
    Oct 18, 2013. 11:27 AM | 2 Likes Like |Link to Comment
  • EPA backpedals after documents show cutback in 2014 ethanol blend  [View news story]
    This boondoggle is a fitting metaphor for the whole man-made global warming hoax - all about the money and all about lining the pockets of the supporters of it.
    Oct 12, 2013. 01:09 PM | 1 Like Like |Link to Comment
  • Is The Debt Issue Phony?  [View article]

    You are in fact part of the problem because you fail to hold the people and party you support to the same standard as the people you oppose.

    There is no difference when it comes to the debt ceiling debate other than politics. I agree with the President that you need to raise the debt ceiling but I don't agree with the policies he has in place to reduce them or how his admin has decided to waste our money.

    He voted against raising the debt ceiling in 2006 for the same reasons that the people you disparage are doing now except for the fact that the immoral debt is twice is large and they are not Democrats.

    If you don't see the blatant hypocrisy staring you in the face then clearly you don't care and have another agenda altogether.

    Oct 5, 2013. 05:54 PM | 1 Like Like |Link to Comment
  • Is The Debt Issue Phony?  [View article]

    From Senator Obama in March 2006 and pay attention to the last line:

    " I rise today to talk about America’s debt problem.

    The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion. That is ‘‘trillion’’ with a ‘‘T.’’ That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.
    This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.

    Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities. Instead, interest payments are a significant tax on all Americans—a debt tax that Washington doesn’t want to talk about.
    Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘‘the buck stops here.’’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.

    I therefore intend to oppose the effort to increase America’s debt limit”

    Full Text of Obama’s Speech Against Raising the Debt Ceiling in 2006
    Oct 5, 2013. 04:14 PM | 1 Like Like |Link to Comment
  • Is The Debt Issue Phony?  [View article]

    Apparently you haven't read the President's speech as a senator in 2006 listed above and linked in a couple of posts. He appears to be the original debt paranoic to use your terms.

    Perhaps you don't want to know but I offer it anyway.

    Oct 5, 2013. 04:09 PM | 2 Likes Like |Link to Comment