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Neil459

Neil459
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  • A change at the top did little to stop the ratings slump at CNN with the network losing 5% M/M and 10% Y/Y of its daytime viewers in February as well as 1% M/M and 18% Y/Y of its primetime viewership. Parent company Time Warner (TWX +1.6%) has increasingly relied on its cable TV business to make up for the flattish growth with its movie studio and struggles at its publishing arm - but for the most part its been HBO, TNT, and TBS doing the heavy lifting instead of CNN. [View news story]
    We have enough idiots in Congress and all around us, no one wants to listen to them on TV anymore.
    Feb 27, 2013. 04:44 PM | Likes Like |Link to Comment
  • In the wake of numerous scandals involving Chinese companies listed on Western stock exchanges, Chinese authorities are cracking down on ... those who raise the questions. Huang Kun - part of the team which put together a negative report on Silvercorp (SVM) - was arrested in Beijing at year's end and expects to soon face criminal charges. Documents suggest Silvercorp worked with officials on the investigation of Mr. Huang and even helped pay for it. [View news story]
    "I never buy Chinese stocks and never will. There are other ways to trade the "China story"."

    Why pass on one of the best scams of the century. The first few people in every Ponzi scheme make out like kings.
    Feb 16, 2013. 06:37 PM | 3 Likes Like |Link to Comment
  • Investors who fled in fear over potential tax increases from the fiscal cliff have barely broken a sweat over spending cuts only two weeks away, as no one wants to sell again on an armageddon story only to watch stocks climb to new highs. But investors expecting a deal may underestimate the potential impact; with some seeking an excuse to sell after the run-up, failure to reach a deal is "by a long stretch" the top candidate to prompt a real pullback. [View news story]
    Its not the country, its the media. The (read that all) politician's will do what will get them the least grief. The media wants more spending, so we'll get more spending. End of story. Until the people start providing more grief than the media, this will NOT change.
    Feb 16, 2013. 09:23 AM | 2 Likes Like |Link to Comment
  • Joining the DOJ in filing sut aginst S&P (MHP -5.6%) are a number of states, including California, where AG Harris is suing under the state's False Claims Act. This would allow CA to collect triple damages on what it says were $1B in losses. Earlier joining McGraw Hill in tanking, Moody's (MCO) - maybe enjoying the political protection of having The Oracle as an investor - returns to near-unchanged. [View news story]
    "MHP is only company downgraded US. Something to do with that."

    I had forgotten about that. Again another government action that is not what it seems and it fooled even my normally pessimistic thought process. Good catch.
    Feb 5, 2013. 01:34 PM | Likes Like |Link to Comment
  • Joining the DOJ in filing sut aginst S&P (MHP -5.6%) are a number of states, including California, where AG Harris is suing under the state's False Claims Act. This would allow CA to collect triple damages on what it says were $1B in losses. Earlier joining McGraw Hill in tanking, Moody's (MCO) - maybe enjoying the political protection of having The Oracle as an investor - returns to near-unchanged. [View news story]
    Excellent, this is undoubtedly one of the best things to come out of the financial crisis. Short of people going to jail, which seems like it will never happen, this is the next best thing.
    Feb 5, 2013. 12:07 PM | Likes Like |Link to Comment
  • While many believe the global economy is stable and recovering, "permabear"  economist David Rosenberg sees "a car being driven by a drunk, lurching from side to side on the road, narrowly avoiding the ditches each time." While the car is in the middle of the road right now, "is that because the driver has sobered up, or is it because the car is just passing through the middle on its way to the ditch on the other side?" [View news story]
    linenoise, again you need to learn washington speak. Once the word 'budget' is used, the numbers become meaningless. Check the Historical Federal Receipt and Outlay Summary, during the last three years of Bush's Presidency debt was increased $806.4 Billion (in constant 2005 dollars). Now keep in mind that the Democrats controlled the spending during the last two years.

    Then consider that Obama's first three years increased the debt $3,555 Trillion (in constant 2005 dollars). The first two years Democrats were in control. That is over $1 T per year. That means that every year Obama's debt increased more then the total debt Bush added in 3 years, with Democrats in control the last 2 years.

    Lastly, Bush was not in office except for 20 lame duck days in 2009. So using 2009 and attributing it to Bush is just plain dishonest. In addition, the Democrats controlled the house in 2007 and 2008.

    One more thing, the article you pointed to was published by the recipient of a ton of Obama money to cover up their own dishonesty and deceit.

    I certainly hope you don't use the same lack of correctness when you analyze your own investments.
    Feb 4, 2013. 02:55 PM | Likes Like |Link to Comment
  • While many believe the global economy is stable and recovering, "permabear"  economist David Rosenberg sees "a car being driven by a drunk, lurching from side to side on the road, narrowly avoiding the ditches each time." While the car is in the middle of the road right now, "is that because the driver has sobered up, or is it because the car is just passing through the middle on its way to the ditch on the other side?" [View news story]
    "Selling everytime a Democrat gets elected usually results in portfolio
    underperformance...."

    Sure, but neither fundamental nor technical analysis mean anything when the President decides to go after a healthy business or industry or prop up an unhealthy business or industry for political gain. So even though the VIX is low, the risk is high if one is not paying real close attention to politics as part of their investment strategy.
    Feb 3, 2013. 03:35 PM | 1 Like Like |Link to Comment
  • While many believe the global economy is stable and recovering, "permabear"  economist David Rosenberg sees "a car being driven by a drunk, lurching from side to side on the road, narrowly avoiding the ditches each time." While the car is in the middle of the road right now, "is that because the driver has sobered up, or is it because the car is just passing through the middle on its way to the ditch on the other side?" [View news story]
    "Who has Obama spent more than?"

    The sum of every other President to come before him.
    Feb 3, 2013. 03:31 PM | 2 Likes Like |Link to Comment
  • While many believe the global economy is stable and recovering, "permabear"  economist David Rosenberg sees "a car being driven by a drunk, lurching from side to side on the road, narrowly avoiding the ditches each time." While the car is in the middle of the road right now, "is that because the driver has sobered up, or is it because the car is just passing through the middle on its way to the ditch on the other side?" [View news story]
    "The question on all our minds now is: what do we do if unemployment never gets to 6.5%?"

    Never happen unless the government stops buying the unemployed vote with free kitchens and extended benefits. That won't happen until everyone that works is sick of paying 50% federal taxes, plus 10% sales tax, plus 15% state tax on every penny they earn.
    Feb 3, 2013. 02:11 PM | 1 Like Like |Link to Comment
  • As with the NYT, Bloomberg and WSJ (NWS), the Washington Post (WPO) has reportedly been the victim of hacking from China, which has been targeting the newspaper for four years. Twitter has also experienced a recent cyber-attack, with intruders stealing information from up to 250,000 accounts. Away from the online warfare, the Post is considering selling its HQ and relocating to a more efficient building. [View news story]
    Please tell the Post we have lots of space here in Missouri. The only problem is that your reporters will be laughed out of every restaurant they walk into. So if you choose that option, I hope you all have thick skin.
    Feb 3, 2013. 01:17 PM | 2 Likes Like |Link to Comment
  • While many believe the global economy is stable and recovering, "permabear"  economist David Rosenberg sees "a car being driven by a drunk, lurching from side to side on the road, narrowly avoiding the ditches each time." While the car is in the middle of the road right now, "is that because the driver has sobered up, or is it because the car is just passing through the middle on its way to the ditch on the other side?" [View news story]
    How can the economy be recovering here in the US, when we have an anti capitalist big government spender in the White House bent on making us a third world no-body through wasteful government and cronyism.
    Feb 3, 2013. 08:28 AM | 12 Likes Like |Link to Comment
  • No rocket science here: Nothing drops to the bottom line of consumer confidence numbers like smaller paychecks, and that's what Americans are seeing in 2013 thanks to higher payroll and income taxes. Today's 58.6 read missed expectations by a mile and the outlook for employment fell as well, with those anticipating more jobs declining to 14.3% from 17.9%. The XLY slides 0.8%, the XRT -0.7%[View news story]
    "Someone needs to pay for the enormous debt of the country."

    No. The problem is the spending, not the debt. All taxes have to do is get a little higher and we will be better to stop working and get on the government tit. Once that happens tax revenue will start a downward spiral and then everybody is toast.

    So live high on the hog, till the hog dies, then deal with it? That is a real mature attitude!
    Jan 29, 2013. 03:02 PM | Likes Like |Link to Comment
  • No rocket science here: Nothing drops to the bottom line of consumer confidence numbers like smaller paychecks, and that's what Americans are seeing in 2013 thanks to higher payroll and income taxes. Today's 58.6 read missed expectations by a mile and the outlook for employment fell as well, with those anticipating more jobs declining to 14.3% from 17.9%. The XLY slides 0.8%, the XRT -0.7%[View news story]
    It sounds like like some think it is a privilege to get a tax cut. The money is mine, first and foremost. The government saying its going to take less is, yes, a temporary reprieve, but only until we get these money hogs out of DC and can make it permanent. Regardless of what the law says, long term we either reduce taxes or perish.
    Jan 29, 2013. 10:40 AM | 2 Likes Like |Link to Comment
  • A court ruling invalidating President Obama's "recess" appointments to a labor board could jeopardize the position of Richard Cordray, the Director of the Consumer Financial Protection Bureau, who was also a "recess" hire. The verdict could lead to the overturning of the CFPB's regulations and enforcement actions as well. It "creates chaos in the marketplace," says the Consumer Bankers Association. [View news story]
    "don't think his desired legacy is the success demonstrated by Bill Clinton"

    Bill Clinton compromised on almost everything with the GOP because he realized he needed to in order to have a positive legacy. Obama is not compromising on anything. Our government is structured with power sharing (and thereby obstruction) so that winning the Presidency does not make one King or a Dictator.

    The GOP will not obstruct anything that is in their best interest and therefor in the best interest of at least 50% of the country. I think that is important and if it wasn't right now, you would be crying you head off if we had a GOP president behaving like Obama.

    Your comments seem to be the comments of a paid indoctrinated political hack.
    Jan 28, 2013. 05:00 PM | 2 Likes Like |Link to Comment
  • A court ruling invalidating President Obama's "recess" appointments to a labor board could jeopardize the position of Richard Cordray, the Director of the Consumer Financial Protection Bureau, who was also a "recess" hire. The verdict could lead to the overturning of the CFPB's regulations and enforcement actions as well. It "creates chaos in the marketplace," says the Consumer Bankers Association. [View news story]
    "I take the other side on this one-Obama would not be forced to play games on appointments if the Senate had a functioning mechanism to approve appointees-it does not have such a mechanism as the GOPers from day one have vowed to obstruct and delay."

    Really that is not the other side. The other side is that the rules were put in place to make sure appointments represented an agreement from all sides. I know you are against anything that keeps Obama from being King (you know, like the Constitution and a few rules that have been in place for ages.)
    Jan 28, 2013. 03:12 PM | 1 Like Like |Link to Comment
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