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Poor Texan

Poor Texan
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  • Health exchanges face tech glitches [View news story]
    Hey, it's only money. At least the doctors and hospitals will get their bills paid.
    Sep 29 12:51 PM | Likes Like |Link to Comment
  • Vehicle Miles Driven: Population-Adjusted Fractionally Off Its Post-Crisis Low [View article]
    Makes sense. When gas was a dollar fifty a gallon, we could ride 60 miles to the Sam's Club and Costco and save enough on the purchases to make it worthwhile. At three fifty a gallon, the big stores aren't competitive with the local Wal-marts and supermarkets. And the mrs. uses mail order to reduce her shopping trips to the big city to a few times a year.
    Sep 22 10:49 PM | 1 Like Like |Link to Comment
  • August Nonfarm Payrolls misses estimates [View news story]
    A recovery but not enough of one to bring you home. :-)
    Sep 6 03:19 PM | 2 Likes Like |Link to Comment
  • August Nonfarm Payrolls misses estimates [View news story]
    Great sarcasm wigit playing off the kernel of truth.
    Sep 6 09:37 AM | 3 Likes Like |Link to Comment
  • QE3: The Fed's Faustian Bargain For The U.S. Economy [View article]
    "I can't for the life of me understand how economists can sustain the cognitive dissonance necessary to believe that mathematical certainty doesn't apply to the US economy now."

    When dealing with the theoretical, anything is possible depending on your (unproven) assumptions. Let us eat, drink, and be merry for tomorrow, we crash.
    Aug 16 10:05 AM | 2 Likes Like |Link to Comment
  • Blackstone files 13F [View news story]
    Hope you're right on ETE. I've done well with it and look for more upside.
    Aug 15 11:04 AM | Likes Like |Link to Comment
  • Detroit pulls the plug and files for Chapter 9 bankruptcy after emergency manager Kevyn Orr fails to a cut a deal with creditors. The city becomes the largest in U.S. history to file for bankruptcy. A few stocks trading lower on the news: MBI -15%, RDN -0.2%, MTG -1%, F -0.7%, GM -0.7%, MUNI -0.3%, PZA -0.5%, ITM -0.3%, HYD -0.8%[View news story]
    Meredith! Where are you?
    Jul 19 09:51 AM | 1 Like Like |Link to Comment
  • Detroit pulls the plug and files for Chapter 9 bankruptcy after emergency manager Kevyn Orr fails to a cut a deal with creditors. The city becomes the largest in U.S. history to file for bankruptcy. A few stocks trading lower on the news: MBI -15%, RDN -0.2%, MTG -1%, F -0.7%, GM -0.7%, MUNI -0.3%, PZA -0.5%, ITM -0.3%, HYD -0.8%[View news story]
    "When you pay taxes for services, every department that touches those monies takes a cut because people need to be paid."

    Bingo! And we're at the point where some of these toll takers are very well compensated.
    Jul 19 09:48 AM | 1 Like Like |Link to Comment
  • Detroit pulls the plug and files for Chapter 9 bankruptcy after emergency manager Kevyn Orr fails to a cut a deal with creditors. The city becomes the largest in U.S. history to file for bankruptcy. A few stocks trading lower on the news: MBI -15%, RDN -0.2%, MTG -1%, F -0.7%, GM -0.7%, MUNI -0.3%, PZA -0.5%, ITM -0.3%, HYD -0.8%[View news story]
    Don't forget to give free health care to non-workers and immigrants.
    Jul 18 09:34 PM | 3 Likes Like |Link to Comment
  • Is It Time To Take Some Chips Off The Table? [View article]
    Missed you Joe. I was worried you weren't coming back.
    Jul 11 04:32 PM | 2 Likes Like |Link to Comment
  • Public Construction Spending Will Prove Stagflationary [View article]
    Don't hold your breath Hammer. We have plenty of bread and circuses to keep the peons too busy to think.
    Jul 8 03:01 PM | 1 Like Like |Link to Comment
  • Public Construction Spending Will Prove Stagflationary [View article]
    And were funds put aside as the infrastructure was amortized or did someone find pet projects to 'better use' the funds?
    Jul 8 02:59 PM | Likes Like |Link to Comment
  • PepsiCo (PEP) hasn't transitioned itself away from using a dangerous chemical as fast as the Center for Environmental Health thinks it should have, but it might be on more solid ground than some critics indicate. The FDA concluded a consumer would have to drink 1,000 cans of soda a day to reach the level of doses of 4-methylimidazole administered to laboratory rats that showed a link to cancer. [View news story]
    These self-appointed health care commissars are always looking for a panicky scare line to get more funding grants.
    Jul 3 09:44 AM | Likes Like |Link to Comment
  • June ADP Jobs Report: +188K vs. +165K consensus, 135K prior. [View news story]
    About all that is worth watching on the evening and night news are the weather reports.
    Jul 3 09:39 AM | 2 Likes Like |Link to Comment
  • Initial Jobless Claims: +18K to 354K vs. 340K consensus, 336K prior. Continuing claims +7K to 2.97M. [View news story]
    No recession. Just malaise.
    Jun 20 01:59 PM | Likes Like |Link to Comment
COMMENTS STATS
3,529 Comments
4,218 Likes