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  • Former GE CEO Jack Welch rips Pres. Obama's support for a millionaire's tax as "a transfer payment. You take it from one pan, put it in the other. It doesn’t work." On the administration: "They are spenders... They don’t believe jobs come from the private sector. They believe government creates jobs."  [View news story]
    Passionate is fine, but people in glass houses shouldn't make punctuation errors.
    Oct 6, 2011. 06:57 PM | 2 Likes Like |Link to Comment
  • Former GE CEO Jack Welch rips Pres. Obama's support for a millionaire's tax as "a transfer payment. You take it from one pan, put it in the other. It doesn’t work." On the administration: "They are spenders... They don’t believe jobs come from the private sector. They believe government creates jobs."  [View news story]

    There should not be commas after "school", "You", and "child".

    Just saying...
    Oct 6, 2011. 06:49 PM | 4 Likes Like |Link to Comment
  • Why dividends matter: Historically, dividends are responsible for about half of the stock market's total return. Yet by 2000, their slice of the pie plunged to just 10%. Meager dividends could significantly delay any full recovery.  [View news story]
    You do realize that you could end up with some friendly fire with that picture, don't you.

    Kind of like wearing antlers during deer season.

    On May 13 08:47 PM Donkey Kong wrote:

    > I am prepared to commit substantial capital to such a fund. As you
    > can tell from my photograph, I too believe in doing exactly the opposite
    > of what Cetin says...
    May 13, 2009. 09:08 PM | 2 Likes Like |Link to Comment
  • Stress testing Obama: Mean Street's Evan Newmark lets the facts speak for themselves.  [View news story]
    Yeah, what the heck. It's been over a 100 days and he hasn't fixed the worst financial crisis since at least the 1980s and probably the 1930s

    Also, I want my pony!
    May 12, 2009. 06:34 PM | 5 Likes Like |Link to Comment
  • UAW's strongarming a better deal out of GM (GM) than bondholders, leveraging their ability to strike, is nothing less than extortion, Senator Bob Corker says. Ok, isn't that what unions do?  [View news story]
    Yep, there is quite a double standard around here. If bondholders push for a better deal, they're looking out for their interests. However, if the UAW does the same, somehow its extortion.

    On May 05 04:56 PM Niner wrote:

    > I agree. In the world of super powers we call it "Balance of Power".
    > In the Government we call it "checks and balances". Without "checks
    > and balances" it's called a Dictatorship.
    May 5, 2009. 05:37 PM | 2 Likes Like |Link to Comment
  • Want a Pension Over $100,000? Be a Government Worker in California [View article]
    "Cushy job as a firefighter" ??? You're right. It is much more dangerous to be an investment banker!

    On May 04 06:07 PM User 407273 wrote:

    > I totally agree with Mark. The naysayers above - all risktakers
    > from private industry, right? - are looking for excuses probably
    > cos they have a personal stake of some kind.....
    > These pension schemes for public workers in the US are shameful,
    > a joke, excessive beyond belief. It's the same problem in many
    > countries in Europe (where i am) but at least they don't match those
    > numbers.
    > Who'd wanna risk starting a biz when you can get a cushy job as a
    > firefighter, mailman, retire earlier than most, and with better
    > guaranteed income? You'd have to be nuts. The French unions will
    > no doubt be contacting those public workers soon to find out how
    > they managed to swing it....
    > And that's the view of someone who votes socialist!
    May 4, 2009. 06:52 PM | 1 Like Like |Link to Comment
  • Back-seat driving: The best aspect of the Obama administration’s approach to dealing with Detroit has been its unwillingness to fall for the managerial self-deception that is endemic to the auto industry. The worst: the way it's favoring the UAW over bondholders.  [View news story]
    In that case, tying the UAW pension to GM and Chrysler stock may encourage UAW to align its interest moreso with the company Everyone always likes to point United Airlines as the reason not to do it, but they seem to forget that airlines are always going bankrupt.

    On May 04 05:47 PM D_Virginia wrote:

    > I think dissolved is too harsh.
    > Unions have a place. They can protect people from unfair labor practices
    > and ensure that employees have a voice in a company -- a model practiced
    > by the best companies anyway, unionized or not.
    > However, many unions rapidly transition from negotiating entities
    > into the employee equivalent of street gangs, making threats to get
    > or keep benefits that they don't necessarily deserve, and generally
    > entrenching mediocrity.
    > Unions need to realize that employers have rights too, and if lazy
    > overpaid workers are driving a company into the ground, the workers
    > need to change, not the companies. Otherwise the company just goes
    > under, and all the union votes in the world won't save those jobs.
    May 4, 2009. 05:59 PM | 1 Like Like |Link to Comment
  • Ignore Detroit's Bondholders' Whines [View article]
    Ding Ding Ding Ding Ding!!!

    We have a winner!

    On May 01 02:33 PM Lilguy wrote:

    > I'm thinking this doesn't have anything to do with the bonds or unions
    > or Chrysler's value (nada). It's all about CDSs. Now (or soon)
    > the bondholders who have "protected" their holding with CDS insurance
    > can tell the insurance company to pay up at full face value.
    > And I'm betting that insurance company will be AIG, which means you
    > and me and the rest of the American taxpayers will be paying off
    > the banks and hedge funds that hold these bonds.
    > Ain't that great!
    May 1, 2009. 07:37 PM | 2 Likes Like |Link to Comment
  • Airlines react to Joe Biden's suggestion to avoid travel. The VP may not have swine flu, but does appear to be suffering from a severe case of hoof-in-mouth disease, which could tempt Obama to wash his hands of him. Or, maybe Biden's right?  [View news story]
    Well, at least he hasn't shot anyone in the face yet.
    May 1, 2009. 12:07 PM | Likes Like |Link to Comment
  • Obama's First Economics Lesson [View article]
    I think it's funny that his justification for avoiding some sort of socialized medicine is that the free market is not producing enough doctors. Instead, you could produce incentives for people to go into medicine by paying for their tuition in exchange for a few years of work out of Med school. For example, I would not have gone to grad school if I had to pay the tuition, but I was able to get that waived and receive a small stipend. In return, I do 30-40 hours of research work on the side.

    On Apr 28 05:14 PM Gyoza Mimi wrote:

    > Perhaps the most useless, politicized and unsubstantiated article
    > I've seen here in a while. Simple thoughts from a simple mind, out
    > loud.
    Apr 28, 2009. 07:14 PM | 2 Likes Like |Link to Comment
  • Healthcare Stocks Have a Serious Drug Problem [View article]
    So a public health care option=racial cleansing by Hitler? Do you realize how disgusting you sound?

    On Apr 26 02:26 PM Prudent Man CFA wrote:

    > Didn't he read that Congress suspended Democracy so that BHO can
    > Socialize Medicine without debate or allowing any dissent?
    > This reminds me of Goebbels Fascism and racial cleansing for Hitler
    > in order to intimidate all dissent. A sorry day for America and
    > another sound reason for Congressional Term Limits. Shame on us!
    Apr 27, 2009. 04:35 PM | 1 Like Like |Link to Comment
  • CNN Misses the Point About Tea Parties [View article]
    Explain to me how a government that was democratically elected not 5 months ago is now fascist. You may not agree with the policies, but the mere fact that you can say so and elect someone new in 2010 means that it is not fascist. As for people moving hard right and opposing Obama, Gallop and Pew disagrees with you.

    On Apr 17 05:37 PM Socialism cannot compete! wrote:

    > Supermajority in the middle??? No. Those who were brainwashed into
    > "left-think" have woken up to the truth -- the people are lurching
    > to the right...back to the old-fashioned principles that BUILT this
    > nation, even while the fascist, treasonous government lurches hard
    > left!!!
    Apr 17, 2009. 05:53 PM | 9 Likes Like |Link to Comment
  • CNN Misses the Point About Tea Parties [View article]
    Right. The "librul media" meme has always been a tactic that the right has used to get more favorable coverage. I've always thought the idea that these massive corporations like Ge and TWX would push a "leftist" agenda, even when that would lead to more taxation and regulation for them, is rather silly. As for Obama opposition, the numbers say otherwise.

    On Apr 17 04:17 PM lbsterling wrote:

    > The media are an easy target, huh.
    > That reporter looked pretty professional to me, challenging the guy
    > who was getting into a lengthy rant to get to the point.
    > It's humorous that you place yourself above the partisan fray but
    > call CNN "left wing."
    > I think most people of my generation just see them as mainstream.
    Apr 17, 2009. 04:39 PM | 7 Likes Like |Link to Comment