Sen. Rand Paul (R, Ky.) admits his recently introduced budget-cut legislation may seem extreme to some, but he sees axing $500B in spending in a single year as 'a necessary first step toward ending our fiscal crisis.' (Read Paul's WSJop-ed) [View news story]
As long as entitlements are off the table....Rand Paul is just another politician....58% of the people over 65 in Kentucky,,,voted for Rand Paul... he is just protecting his constituency...Kentucky recieves 1.51 for every dollar it pays in taxes....to put it bluntly...Rand Paul is a fraud....
How the U.S. Economy Has Been Tanking for 60 Years [View article]
"There has been no actual positive GDP growth during the entire period from 1953 onward, until the fourth quarter of 2009, and since 1980 the true GDP numbers, when one looks at output (not what one pulls forward via debt), have been hideously bad."
Poor stock performance and sentiment combined with attractively priced equities means we may be in a contrarian's dream scenario; does that mean it's time to get in? [View news story]
Hardly priced to perfection..TTM means trailing...there are 2 pretty nasty quarters incorporated in those numbers which could be surpassed easily in upcoming current quarter and 4th quarter plus using GAAP accounting means you are including a lot of stuff you aren't going to see again,,,,
U.S. Dollar Down 99% Against Gold Since Great Depression [View article]
"In 1933, an ounce of gold would have cost you just over $20. In 2011 -- 78 years later (less than a human lifetime) -- it would have cost you just under $2,000."
$20 invested in Fidelity Fund on April 30,1930 who would be worth $47,402.....the number would be much higher if invested in 1933
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
Market Sell-Off After Obama's Reelection No Accident: Recession Coming [View article]
"lots of people who voted for Obama incorrectly assumed that the high stock prices were a strong indicator that the economy was on the road to recovery. "
you really think the Hispanic communities in Florida,Colorado,Virgi... and Ohio follow the S&P that much?? I'll bet the majority of the Hispanics don't even know who Bernanke is....(for that matter most people could care less about the Fed)
July Retail Sales: +0.8% vs. +0.2% expected, -0.7% prior (revised from -0.5%). Ex-autos +0.8% vs. +0.3% exepcted, -0.8% prior (revised down from -0.4%). [View news story]
Weighing The Week Ahead: Time For Some Fireworks? [View article]
I was going to bore you with my own observations but I got lost in the many great details you provided ( specifically the The Real Cult of Equity)...so I will just say..great job...
Sen. Rand Paul (R, Ky.) admits his recently introduced budget-cut legislation may seem extreme to some, but he sees axing $500B in spending in a single year as 'a necessary first step toward ending our fiscal crisis.' (Read Paul's WSJ op-ed) [View news story]
another politician....58% of the people over 65 in Kentucky,,,voted for Rand Paul...
he is just protecting his constituency...Kentucky recieves 1.51 for every dollar it pays in taxes....to put it bluntly...Rand Paul is a fraud....
How the U.S. Economy Has Been Tanking for 60 Years [View article]
loopy.....
Does Bank of America Need Another Bailout? [View article]
The Fireworks Are About to Start [View article]
Radar Logic is at 194.86.....it was 198.70 a year ago so...a 1.93%
decline year over year....2 months ago it was 197.17....a 1.17% decline...
Mortgage-Title Fraud: A National Catastrophe [View article]
Poor stock performance and sentiment combined with attractively priced equities means we may be in a contrarian's dream scenario; does that mean it's time to get in? [View news story]
S&P 500 TTM GAAP Earnings Yield today...5.96%
Moody's BAA Yield 5.76%
Hardly priced to perfection..TTM means trailing...there are 2 pretty
nasty quarters incorporated in those numbers which could be surpassed easily in upcoming current quarter and 4th quarter plus
using GAAP accounting means you are including a lot of stuff you
aren't going to see again,,,,
Double-Dip Recession Signs Materializing [View article]
Residential Investment is now 2.4% of nominal GDP.....20 year
average is 4.3%......peak was 6.3% in the fourth qtr 2005
The Coming Option ARM Crisis [View article]
U.S. Dollar Down 99% Against Gold Since Great Depression [View article]
$20 invested in Fidelity Fund on April 30,1930 who would be worth
$47,402.....the number would be much higher if invested in 1933
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
Market Sell-Off After Obama's Reelection No Accident: Recession Coming [View article]
you really think the Hispanic communities in Florida,Colorado,Virgi...
and Ohio follow the S&P that much?? I'll bet the majority of the Hispanics don't even know who
Bernanke is....(for that matter most people could care less about the Fed)
August Retail Sales: +0.9% vs. +0.8% expected, +0.6% prior (revised from +0.8%). Ex-autos +0.8% vs. +0.8% expected, +0.8% prior. [View news story]
2.98%...no recession...
July Retail Sales: +0.8% vs. +0.2% expected, -0.7% prior (revised from -0.5%). Ex-autos +0.8% vs. +0.3% exepcted, -0.8% prior (revised down from -0.4%). [View news story]
Weighing The Week Ahead: Time For Some Fireworks? [View article]
many great details you provided ( specifically the The Real Cult of Equity)...so I will just say..great job...
June Empire State Survey: Manufacturing 2.29 vs. 13.8 expected, 17.09 prior. New orders 2.18 vs. 8.32 prior. Prices 19.59 vs. 37.35 prior. [View news story]
Stop Loss do you know what these numbers have to be to have a recession??.....This is a test...