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  • Over 2.1M signed up as Obamacare plans take effect [View news story]
    Wake me up, when the amount of new enrollees exceeds that of those that have had their coverage dropped.

    Jan 1 08:46 AM | 21 Likes Like |Link to Comment
  • Evidence Of Peaked Model S U.S. Deliveries Continues To Pile Up [View article]

    Nobody said the car is no good.

    Has nothing to do with owning the stock.

    While the data could be a blip, the stock is priced for nothing less than ACCELERATED revenue growth.

    If you want to own a stock with such high hopes and valuation, you best pay attention to the data.

    Not your emotional connection to a product.
    Feb 14 04:31 PM | 20 Likes Like |Link to Comment
  • Machinists union to vote on revised Boeing proposal [View news story]
    Unions need to be outlawed.

    They are destroying this nation.

    If companies banded together to discuss price fixing, it would be defined as price fixing. (anti-trust violations)

    But when unions do it, it is "collective Bargaining"

    If you like your job, you can keep it.

    If you don't, just leave.

    Nobody owes you anything.
    Dec 21 07:55 PM | 20 Likes Like |Link to Comment
  • Senate Democrats consider Keystone pipeline vote next week [View news story]
    Obama cannot endorse Keystone.

    The jobs are high paying jobs, not Gov't funded, and cannot support his agenda of class warfare (minimum wage outcries) & government control of the sheeple.

    Enjoy the "Hope & Change" the Chinese will enjoy the energy security, when Canada's patience wears out.
    Apr 28 08:45 PM | 19 Likes Like |Link to Comment
  • Execs from the oil industry’s Big Five are pilloried by Democrats at a Senate hearing, asking why big oil needs $4B-plus a year in tax breaks while raking in enormous profits. Republicans say that removing incentives would drive production out of the U.S. Political posturing abounded, of course, but the debate is real: Are tax breaks for big oil a consumer ripoff or smart energy policy?  [View news story]
    The reality is that companies don't pay tax. Only collect it, and pass on the costs.

    Questions is, Do the American people actually gain from the incentives via the possible gains in supply from such, that may possibly keep supplies high enough, and priced reasonably as a result, thereby helping the economy as a whole?

    I doubt the Obama Administration or congress will use those metrics to analyze the policy as a whole.

    Easier to demonize big oil for political purposes.
    May 12 06:47 PM | 19 Likes Like |Link to Comment
  • President Obama makes an economic case to the middle class for immigration reform, saying the current system creates an underground economy "that exploit(s) a cheap source of labor while depressing wages for everybody else." While his proposed overhaul is initially costly, it could be a net gain to the national coffers as more workers come onto the tax roll.
     [View news story]
    Obama has no concern about securing borders, only securing votes. By any means necessary, even should it involve spending other peoples money to do so.
    May 10 07:47 PM | 17 Likes Like |Link to Comment
  • Jamie Dimon (JPM) challenges Bernanke after today's speech: "Has anyone bothered to study the cumulative effect of all these [regulations]" - that it could be the reason it's taking so long for credit and jobs to come back? Bernanke essentially says no: "it's just too complicated. We don't have quantitative tools to do that... There is going to be some trade-off here."  [View news story]
    Dimon was having a tantrum. Just like when mom is taking away the Kool-Aid

    No more POMO trading for you young man, you have had quite enough.

    Time to contribute to the economy and provide long term, sustainable value to your shareholders.

    Want to trade? Quit, go start a hedge fund and put your own personal capital at risk, like a real man.
    Jun 7 06:48 PM | 16 Likes Like |Link to Comment
  • The economy and stock market still have some friends, such as Goldman Sachs' Jan Hatzius, who believes the U.S. is "years away" from the next recession. "The unemployment rate is still 9%, we're nowhere close to a really tight labor market that usually predicates a recession, so I think we're still be in a recovery for a few years." That's one way of looking at it; here's another.  [View news story]
    No Thumbs down system, has now emboldened some for even more self serving, asinine comments than ever before.

    Everbody gets a medal, just like first grade, along with the Union, tenured teachers in charge.
    May 17 06:59 PM | 16 Likes Like |Link to Comment
  • Los Angeles sues JPMorgan for predatory lending [View news story]
    Jimmy Carter (community re-investment act), Bob Rubin, Bill Clinton, Larry Summers, Chris Dodd, and Barney Frank are not republicans.
    May 30 05:29 PM | 15 Likes Like |Link to Comment
  • Sen. Chuck Schumer advocates an HFT tax to pay for the added regulatory oversight these transactions require. "If the SEC lacks the ability to oversee high frequency trading, then this needs to be corrected" via such a tax, Daniel Indiviglio writes; it might also curb equity markets' headlong rush into becoming "high-speed casinos rigged against individual investors."  [View news story]
    I know there are pros and cons on both sides of the HFT argument.
    But, this can be a slippery slope.

    Whats next?
    Positions held less than 1 hour
    Less than one day.
    Less than one week, and so on.......

    It's all great, until they attack the type of trading YOU may engage in.

    Almost like "Tax the Rich"

    But they never really stick their neck out and define "Rich"

    That way they can change it often. Like high frequency legislation.
    May 9 06:14 PM | 15 Likes Like |Link to Comment
  • How to surf the silver wave: Maybe it's time to take some profits, and wait and see, James Stewart says. He's big on inflation hedges, but you might want to take this chance to rebalance. Meanwhile, Jim Rogers gets into the Grantham camp and is bearish on silver short-term, but still bullish on (peaked) oil.  [View news story]
    Time to take profits?

    After a 30% decline this week?

    Perhaps it was time a week ago.

    Long term, this is likely a buying opportunity.
    May 7 08:52 AM | 15 Likes Like |Link to Comment
  • Considering Ayn Rand's philosophy holds that laissez-faire capitalism is "the only moral social system," it's not surprising that Ayn Rand Institute's Yaron Brook thinks the economy is sputtering because the U.S. government's response to the 2008 crisis was too heavy-handed. "We should have let banks fail, let auto companies fail [and] let housing prices tank to reach their true bottom."  [View news story]

    I did not see Sarah Palin's name in the story.
    And the relevance?............
    May 9 05:43 PM | 14 Likes Like |Link to Comment
  • Seattle to boost wage floor to $15 per hour [View news story]

    They asked for it.

    Here's their Hope & Change.
    Jun 3 09:19 AM | 13 Likes Like |Link to Comment
  • Paul Krugman assails the media for failing to "acknowledge the one-sided role of Republican extremists in making our system dysfunctional." Making "nebulous calls for centrism, like writing news reports that always place equal blame on both parties, is a big cop-out," Krugman writes, which "only encourages more bad behavior."  [View news story]

    Since most middle class don't pay taxes, What exactly is being "Taken" from them, while they pay nothing and enjoy the fruits?

    Sorry, I did not hear of a propsal to eliminate SS and medicare.

    Something is being taken all right.
    Jul 29 06:17 PM | 13 Likes Like |Link to Comment
  • Paul Krugman hopes that Pres. Obama's reported consideration of entitlement cuts as part of a debt ceiling deal is just theater, that "the goal may be... making Republicans look like intransigent extremists - which they are." But he's growing disenchanted: "It’s getting harder to trust Mr. Obama’s motives in the budget fight, given the way his economic rhetoric has veered to the right."  [View news story]
    I'm pretty disenchanted with Krugman too.
    Jul 8 06:17 PM | 13 Likes Like |Link to Comment