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speeddaimon

speeddaimon
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  • Treasury officials discover a $2T error in S&P's future deficit projections, throwing into limbo the agency's plan to downgrade the U.S. credit rating. S&P notified Treasury this afternoon of its intent to downgrade, and presented its report to the WH. Following 2 hours of analysis, government officials discovered the error, and notified S&P, who agreed it had made a mistake.  [View news story]
    Gotta love those "financial experts" at the world's credit rating agency. If I didn't know better, I'd swear they were incompetent.
    Aug 5, 2011. 08:28 PM | 9 Likes Like |Link to Comment
  • Comcast (CMCSA +0.5%) will soon begin testing a new way to deliver its television channels: via internet protocol. The move could eventually enable the cable provider to deliver video service to any customer with an internet connection, regardless of whether they live in an area covered by Comcast's cable system.  [View news story]
    This should increase competition nationally. Where I live, we have two cable companies, but they only overlap in a small portion of the city. Once this technology expands to other cable providers, this could drop prices significantly. Additionally, would they then be able to offer ala carte pricing on channels? I know I only watch a small subset of the channels offered.
    May 26, 2011. 09:58 AM | 1 Like Like |Link to Comment
  • The Long Case for Sprint Nextel [View article]
    I'm with you. This morning, I had to grab the newest software update for my blackberry. A 3MB file took me over an hour to download. Thats unacceptable considering Sprint touts their Sprint TV, and NFL options as a reason to get them. Hell, google maps is completely worthless on this network, I can get to where I'm going before the map is able to find and render it.
    Feb 26, 2010. 02:30 PM | 1 Like Like |Link to Comment
  • Wealth Disparities in U.S. Approaching 1920s Levels [View article]
    Can we get rid of H1Bs as well? People complain that students are lazy, but when I was in college taking comp sci classes tech salaries were rising like mad, then the government decided to increase the number of H1B visas available, taking away pricing power from individuals and handing it to the companies. Wanna know why nobody bothers with engineering in the US anymore?
    Feb 24, 2010. 04:22 PM | 1 Like Like |Link to Comment
  • Obama says the U.S. will put "constant pressure" on China to open its markets and address currency rates to ensure U.S. goods are not facing a disadvantage.
       [View news story]
    MarketGuy, in your analogy you'd actually have a wee bit of leverage. Obama and the US have zero leverage with the country that holds (and continues to buy) our debt. China can tell us to GTFO, and not have to worry about any real consequences because they hold all the cards.
    Feb 3, 2010. 12:14 PM | 4 Likes Like |Link to Comment
  • Playing the Odds: Probably Just a Correction [View article]
    I know grammar nazi, but::

    "When we further pair down the list"

    It should be pare, not pair.
    Jan 29, 2010. 04:20 PM | 1 Like Like |Link to Comment
  • After the Dollar 'Peg': A Golden Future [View article]
    And the US is a paragon of virtue?
    Jan 28, 2010. 11:39 AM | 2 Likes Like |Link to Comment
  • After the Dollar 'Peg': A Golden Future [View article]
    Jeff,

    I wasn't attempting to say that "buy gold" was the only opinion you offered, I apologize if thats the way my comment sounded. Personally, I don't like investing in gold because it is a volatile investment that really only has one purpose, to preserve the value of capital. My train of thought was that if china will be wresting control of the world's economy from the US, then FXI would not only be the way to play that particular outcome, but it would also offer me growth even if that doesn't happen.

    Essentially I was looking for investment options that give my cash opportunity for growth in a multitude of different scenarios. And, I did spend nearly all of '09 invested in EWA based on articles here on SA. Made a decent chunk of change too, before getting out in November.
    Jan 28, 2010. 11:38 AM | Likes Like |Link to Comment
  • After the Dollar 'Peg': A Golden Future [View article]
    So, assuming that I think you're correct in that the reniminbi will become the world's reserve currency sooner, rather than later, and that the Chinese will become the new stewards of global commerce, how would one position themselves to take advantage of this? Invest in FXI? Please offer more opinions than just "buy gold!".
    Jan 28, 2010. 10:56 AM | Likes Like |Link to Comment
  • Housing Price Bottom Still Holding [View article]
    I wonder what effect the home buyer's "credit" has on this and the fact they extended it to pretty much anybody. What do you think happens to house prices when that goes away?
    Jan 26, 2010. 04:57 PM | 3 Likes Like |Link to Comment
  • Did Weekly Jobless Claims Really Fall Below 500k? [View article]
    Hey TM,

    Not that I am arguing with you about the dire state of our economy, but what is your/ Trim Tab's take on the average hours worked increasing? I would imagine that number would be harder to fudge?
    Dec 4, 2009. 01:54 PM | Likes Like |Link to Comment
  • Can the Federal Budget Be Balanced? [View article]
    Right, because the government got smaller when we had a republican president and republican majority in congress. Why can't you partisan hacks just admit that it doesn't matter which party is in power, we're screwed either way. Neither one is better than the other.


    On Dec 01 08:36 AM John Galt wrote:

    > I hope it was a fun exercise... like a crossword puzzle or sudoku
    > because the odds of our democratic house, democratic senate and socialist
    > president of passing your budget are slim to none.
    Dec 1, 2009. 12:57 PM | 1 Like Like |Link to Comment
  • Can the Federal Budget Be Balanced? [View article]
    Right, because the government got smaller when we had a republican president and republican majority in congress. Why can't you partisan hacks just admit that it doesn't matter which party is in power, we're screwed either way. Neither one is better than the other.


    On Dec 01 08:36 AM John Galt wrote:

    > I hope it was a fun exercise... like a crossword puzzle or sudoku
    > because the odds of our democratic house, democratic senate and socialist
    > president of passing your budget are slim to none.
    Dec 1, 2009. 12:56 PM | 6 Likes Like |Link to Comment
  • The Role of the Database in the Financial Crisis [View article]
    " I don’t think the Fed or the SEC has a department of relational-database integrity. Maybe they should think about starting one up."

    I'd be willing to work there. I think I'd really enjoy ripping these financial companies a new one.
    Nov 23, 2009. 12:32 PM | Likes Like |Link to Comment
  • If This Is a Recovery... [View article]
    Yes, tell us all about those small businesses in China making inferior lead laden goods to sell to Americans with a large consumer appetite and no eye to quality.


    On Nov 16 09:42 AM Formyx wrote:

    > @damienhaas
    >
    > You ignore the millions of small suppliers to WMT.
    Nov 16, 2009. 01:23 PM | Likes Like |Link to Comment
COMMENTS STATS
149 Comments
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