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Buckoux

Buckoux
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  • Wall Street Breakfast: Is A Recovery In Sight? [View article]
    Frankj78,

    "This site deals with all 50 states."

    My current "collective" debt in California, according to this site, is $20,900. I'd be more than willing to send a check if the legislature would revert back to part-time and term limits repealed. If the entire CA legislature would resign, I'd pay double.
    Sep 2, 2015. 02:00 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Is A Recovery In Sight? [View article]
    The IOU is not really a "promise to pay", it's a default.
    Sep 2, 2015. 01:53 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Is A Recovery In Sight? [View article]
    blueline,

    "It makes one wonder why Uber is being singled out?

    I believe it's a set-up. These people, the plaintiffs, became Uber drivers with the intent of pushing the independent contractor vs employee to the "employee" classification for a reason. Who's behind it? Beats me for now, but I'd put even money on a union or government. Independents don't want unions and government in California hates the concept of "independent contractors" because of income tax collection issues.

    If Uber loses its independent contractor driver status, which is a large part of its business model, it will signal a sea change in many Internet-cell phone business models that are consumer friendly. I hope Uber wins and breaks the monopoly of government in some businesses.
    Sep 2, 2015. 01:42 PM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Is A Recovery In Sight? [View article]
    brettj89,

    "Most of your post is partisanspeak,..."

    And yours are not?!
    Sep 2, 2015. 01:11 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: China Worries Send Stocks Tumbling [View article]
    crademan,

    Excellent Link! However, does the Fed understand its own explanations? If so, do they know what to do with their own data? Or, is the Fed merely searching for Amelia Earhart when Gerri Mock (dead or alive) might have some real answers. ;^)
    Sep 1, 2015. 03:30 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Worries Send Stocks Tumbling [View article]
    TAS,

    "Can rent control be far behind the already mammoth free and reduce rent schemes for our country's slackers?"

    Probably. Rent control in Southern California has had paradoxical effects. In the city limits of Los Angeles the apts are rent controlled until move-out when unit rent may raise to some percent of market level. Nevertheless, rents are very high. On the West end of LA County, the "Peoples Republic of Santa Monica" it also has rent control and the yet rents are also sky high. The yuppies of the 1990's discovered they could have a nice beach apartment for cheap and a BMW in the parking space. Until a shortage of apts pushed up rents regardless of rent control. As always, in a liberal city, the homeless in Santa Monica are legion and live outdoors rent free. They're a sort of civic ambiance that liberals have a need for.

    Bottom line is that rent control increases rents due to the immutable natural law of supply and demand. Liberals will never understand this, but they claim to understand climate change.
    Sep 1, 2015. 02:54 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: China Worries Send Stocks Tumbling [View article]
    Marten8,

    "Name me one year we didnt have war..."

    Yes. War is human nature. Peace is rare to non-existent.
    Except for those who prepare for it.
    Sep 1, 2015. 02:42 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Worries Send Stocks Tumbling [View article]
    Gayle Gregory Goodman,

    "Malaysian prime minister said to have pocketed in his personal bank account about a billion dollars from a Gold."

    Crime is the cause of poverty. Specifically, the crime of corruption. Unfortunately it's human nature and until the human species evolves out this behavior, the crime of corruption, there will always be the poor.
    Sep 1, 2015. 02:37 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: China Worries Send Stocks Tumbling [View article]
    Gene Jaquet,

    "Well it's now a mega-industry [TV], employs over 50,000 people and many more indirectly, generates significant exports, and is an integral part of the marketing business.

    How many company make TV in USA? None! All TV made in Asia. English content made in USA (maybe) Canada, UK. then content pirated by Asia. Who winner?
    Sep 1, 2015. 02:22 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: China Worries Send Stocks Tumbling [View article]
    gggl,

    "Think of the impact of Facebook on peoples lives and how much "work" is being done there that is not captured in GDP."

    Respectfully, I disagree. Facebook is like the "Lilies of the field". It neither toils nor does it spin. Spinning, that is the makinging something necessary or useful does not include gossip. Until Facebook charges companies for their presence and does not exclusively rely on advertising, then Facebook is a merely a novelty. A big novelty, to be sure, but a novelty none-the-less.
    Sep 1, 2015. 02:15 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Worries Send Stocks Tumbling [View article]
    James Carlini,

    "Plus- this whole idea of "sharing", like Uber and rent-a-bikes, is because Millennials are looking at how to get around the fact they have no money to buy things....There would be NO trend in Millennials moving to bicycles as transportation if they were making enough money to buy a car."

    Exactly. Necessities are now priced like luxuries. Somethings gone wrong and no one in high places knows what it is.
    Sep 1, 2015. 02:07 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: China Worries Send Stocks Tumbling [View article]
    Jeff Conn,

    "If you believe that interest rates and asset prices are inversely related (I do),"

    I don't "believe" they are connected, I KNOW they are connected. Those in high places who did not believe or know are those who created the Great Recession and are maintaining the Great Sideways.
    Sep 1, 2015. 01:45 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: To Hike Or Not To Hike? [View article]
    gggl,

    "Reality is that ZIRP is continuing to inflate very dangerous bubbles,.."

    The stock market and housing prices in particular. Without the value of interest on money, valuation of other assets MUST increase. Janet Yellen is the reason "Jr." can't move out of mom's basement because the rents are too high from prospective homeowners overpopulating apartments because the prices of homes are too high. 20% on a 300,000 house is $60,000. 20% on a 500,000 is $100,000 and is a deal breaker for a first time buyer unless the are a bathroom attendant at Google.
    Aug 31, 2015. 02:50 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: To Hike Or Not To Hike? [View article]
    Blue Okie,

    "Bush's "Red my lips" did him in!!!"

    Yup! Even Maggie Thatcher had to tell Bush#41 not to go "wobbly".
    Aug 31, 2015. 02:41 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: To Hike Or Not To Hike? [View article]
    gggl,

    "...when we can give the California?"

    They already have California. Quien sabe?
    Aug 31, 2015. 02:33 PM | 4 Likes Like |Link to Comment
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