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Buckoux

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  • Wall Street Breakfast: White House To Unveil Fracking Rules [View article]
    Frankj78,

    "After a few days working at night, the toll booths were gone. Would this ever happen today?"

    Not a chance! With public employee unions as strong as they are and with some state agencies, mostly law enforcement, being subsidized by federal matching grants. Government "needs to eat".
    Mar 20, 2015. 12:14 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: White House To Unveil Fracking Rules [View article]
    oofoofoof,

    "All we want to do is to pollute the air we breathe,..."

    The US has better air quality than socialist Paris. The City of Paris is presently on an odd-even license plate number driving restriction.
    Link: http://bbc.in/1xmkLtR

    How come American's are only told about their past sins and ongoing environmental "sinning" in socialist countries is kept quiet by US media? Never mind, I already know the answer.
    Mar 20, 2015. 11:35 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: White House To Unveil Fracking Rules [View article]
    joelkatz,

    "...this White House cabinet is soooo hungry for power and control."

    That's what socialists do. To make life "better", they make it worse.
    Mar 20, 2015. 11:25 AM | 10 Likes Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    Rich Hamlin,

    :Especially since the growth in the economy is basically nonexistent.

    Zero interest rate is the main reason economic growth is "nonexistent".
    The Fed is doing the wrong thing by leaving rates at zero. The US will not go bankrupt as rates increase.
    Mar 19, 2015. 03:12 PM | 1 Like Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    Bulldog67,

    "Thus debt service costs will rise quickly when rates rise."

    What will happen to revenues? Will they not rise as well due to the increased economic activity that higher interest rates will compel.
    Mar 19, 2015. 03:05 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Investors Digest Fed's 'Patient-less' Statement [View article]
    blueline,

    "The damage to the Federal debt/deficit would be massive."

    Respectfully, no it wouldn't. Revenue would go up along with GDP. If giving the government a break on it's debts is the reason for zero interest rates, it's immoral.
    Mar 19, 2015. 02:27 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Investors Digest Fed's 'Patient-less' Statement [View article]
    gggl,

    "I disagree, there is a significant reason to rate short term rates to at least the inflation level."

    And I agree with you. Why, otherwise smart and educated people think that a zero Fed interest rate will produce a "healthy" economy is beyond me. It doesn't increase the "velocity of money" (M2) at all. The biggest reason that Europe came out of the Middle Ages and into the Renaissance was the elimination of the Catholic Church's anti-interest policy on lending money. A zero interest rate economy is like have a blood-pressure of 50 over 00. Having all academics in the Fed is as bad as having all bankers.
    Mar 19, 2015. 02:18 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Japan Marches Higher As Nikkei Breaches 19,000 [View article]
    Rich in Quebec,

    "My knowledge of Boeing is superficial at best. But the little I know has me looking elsewhere. Their competitor is Airbus. Boeing's costs, I assume, are largely in US$; Airbus's costs are largely in Euros."

    Euros' to $US doesn't matter. Favoring Airbus simply because it's a French-Euro-collective is not wise investment strategy. Boeing will beat Airbus like a rented mule.
    Mar 13, 2015. 04:18 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Japan Marches Higher As Nikkei Breaches 19,000 [View article]
    Bob 123,

    "Regarding California, no thanks. It and much of the west and south will be mostly deserts within a few decades.".

    AHHHH HA HA HA HA HA HA!
    Mar 13, 2015. 04:07 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Japan Marches Higher As Nikkei Breaches 19,000 [View article]
    Rich in Quebec.

    "Capitalism is not without flaws.

    True. But like "democracy", there is simply nothing else that's better:

    “Democracy is the worst form of government, except for all the others.”
    ― Winston S. Churchill
    Mar 13, 2015. 03:59 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: South Korea Next To Jump On Easing Bandwagon [View article]
    crademan,

    "Nearly everyone knows of a speed trap in their area."

    Speed traps are illegal, by statute, in California. Residents got sick and tired of being ticketed by every little burg on the Hwy-101 or the I-5. Los Angeles got rid of its red lite cameras because they cost more than they brought in and caused more rear-end accidents than they stopped red-lite runners. My attorney and police friends all agree that "crime pays". It pays for the attorneys, police, courts, prisons and their unionized employees. The USA really has too much law enforcement.
    Mar 12, 2015. 01:57 PM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: South Korea Next To Jump On Easing Bandwagon [View article]
    chudzikb,

    Re: speed and red light cameras incinerated. I agree. If any size of government needs to resort to cynical law enforcement ploys to pay its bills, then that government needs to make itself smaller, not richer. Law enforcement, as a revenue generator seems, somehow, "UN-American".
    Mar 12, 2015. 01:45 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: South Korea Next To Jump On Easing Bandwagon [View article]
    JC,

    "The local courts are also a part of this because they extract their share of money to maintain THEIR facilities."

    I agree. Vehicle equipment infractions, such as an in-op tail/brake light, should NOT go through the legal system, but the DMV instead and cause registration issues, rather than "go to warrant" for the revenue game of "pay or stay". I thought that this country fought a Revolutionary War to rid itself of arbitrary, capricious and greedy government. Ferguson being the perfect example of government, "King George III" style!
    Mar 12, 2015. 01:32 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: South Korea Next To Jump On Easing Bandwagon [View article]
    Bob 123,

    "There are many Ferguson's across America just waiting to happen."

    I agree. The City of Ferguson is a dystopia. A geopolitical division that has more municipal employees than its tax base could support. So, this city resorted to cannibalizing its own residents to pay the costs of government in its 6 sq. miles. Ferguson became a government that was, of the government, by the government and for the government. It's not only a cautionary tale of racial issues, but the issues of too much government, too much public employment, too little private employment and law enforcements chronic tendency to violate the 4th. Amendment.
    Mar 12, 2015. 01:08 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: South Korea Next To Jump On Easing Bandwagon [View article]
    losbronces,

    "...misuse of antibiotics by humans (they are available OTC without prescription in many countries)..."

    I tend to agree. Also, with global air travel, so many people can go so many places and carry drug-resistant critters with them. The World is a bug soup. The international quarantine restrictions placed on horses going to and from other countries - usually race horses - would give a civil libertarian, open border type, fits.
    Mar 12, 2015. 12:28 PM | 3 Likes Like |Link to Comment
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