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OptionManiac

OptionManiac
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  • Thank Jobs It's Friday [View article]
    This is bad. I'm sitting in a beach house on the fourth reading SA comments. I need to check myself into rehab.
    Jul 4, 2010. 09:54 AM | 3 Likes Like |Link to Comment
  • Thank Jobs It's Friday [View article]
    And replaced with Tea Party candidates? Trade chickens for medical services?
    Jul 4, 2010. 08:26 AM | 2 Likes Like |Link to Comment
  • Thank Jobs It's Friday [View article]
    You know they were taught the answer, their electronically induced ADD won't let them remember.
    Jul 4, 2010. 08:24 AM | 2 Likes Like |Link to Comment
  • America the Beautiful ... Investment Destination [View article]
    Same words spoken in the 30's. Who ended on top?
    Jul 4, 2010. 08:19 AM | Likes Like |Link to Comment
  • Thank Jobs It's Friday [View article]
    I agree with you except for the education part. The main problem with today's education is parenting. Get your kids off of TV and video games. Encourage them to PLAY. I went to school during the 60's and 70's in upstate NY. I feel my kid's education is much better than the one I received. For the most part, we do have a very competent infrastructure for education (a bit top heavy in admin), we have just enough bad parents to undo everyone else's work.
    Jul 3, 2010. 07:05 PM | Likes Like |Link to Comment
  • Thank Jobs It's Friday [View article]
    Hmmm... I think the bail-out motivation was history - bank failure during the first 4 years of the depression. I really believe there was real fear of the whole system would tumble down like a house of cards. There are a whole lot of politicians who voted for the bailout who now wish they hadn't (because their constituents are pissed).
    What bothers me the most is that everything that has been done seems like a knee-jerk reaction. Obama could have gleaned ideas from SA and come up with a set of better plans.
    Jul 3, 2010. 05:58 PM | 5 Likes Like |Link to Comment
  • Thank Jobs It's Friday [View article]
    Oh, I agree. We have met the enemy and they are us.
    Jul 3, 2010. 05:48 PM | 3 Likes Like |Link to Comment
  • Former Russian energy minister Viktor Mikhailov thinks he knows just how to fix the Gulf disaster: a nuclear explosion over the leak. "I don't know what BP is waiting for, they are wasting their time. Only about 10 kilotons of nuclear explosion capacity and the problem is solved."  [View news story]
    Norway requires all rigs to have a secondary bore - just in case.
    Jul 3, 2010. 05:47 PM | Likes Like |Link to Comment
  • Thank Jobs It's Friday [View article]
    Walmart created the mess, not politicians.
    Jul 3, 2010. 01:52 PM | 2 Likes Like |Link to Comment
  • America the Beautiful ... Investment Destination [View article]
    Your remark is right on. The US has young go-getters from other countries knocking at our doors to get in. (How many of you had grandparents who moved to this country at a young age?). Our population will stay young (compared to most of the western world) because of this. China, with its one child per couple rule, will suffer. And who wants to move to China?
    Jul 3, 2010. 09:51 AM | 2 Likes Like |Link to Comment
  • America the Beautiful ... Investment Destination [View article]
    In a perfect world your idea would make absolutely no sense. We certainly do not live in a perfect world. It would be nice if a totally free marketplace worked, but, alas, we are human.
    Walmart has forced companies to close and reopen factories in low wage paying countries, just so their goods could be on Walmart's shelves.
    Jul 3, 2010. 09:45 AM | 2 Likes Like |Link to Comment
  • Former Russian energy minister Viktor Mikhailov thinks he knows just how to fix the Gulf disaster: a nuclear explosion over the leak. "I don't know what BP is waiting for, they are wasting their time. Only about 10 kilotons of nuclear explosion capacity and the problem is solved."  [View news story]
    The pipeline runs down over a thousand feet of muck before it hits bedrock. Stupid idea.
    Jul 2, 2010. 05:14 PM | Likes Like |Link to Comment
  • June Nonfarm Payrolls: -125K vs. -130K expected, +433K (revised from +431K) in May. Unemployment: 9.5% vs. 9.8% expected, 9.7% prior.  [View news story]
    I think we will see some of the unemployed taking jobs they don't want, and accepting a smaller salary than wanted. This is the beginning of the American worker helping US manufacturing become more competitive. Will upper management cinch their belts also?
    Jul 2, 2010. 10:02 AM | 1 Like Like |Link to Comment
  • Today's sad real estate statistic: Foreclosed properties accounted for 31% of U.S. home sales in Q1, according to a new report by RealtyTrac, and sold for 27% less on average than regular properties. "In a normal market, only 1-2% of home sales are foreclosures, so this is certainly a significant level."  [View news story]
    Good point. If the credit can tip a QUALIFIED, skittish buyer to closing the deal, than another house is taken safely off the market.
    Jun 30, 2010. 09:51 AM | Likes Like |Link to Comment
  • Today's sad real estate statistic: Foreclosed properties accounted for 31% of U.S. home sales in Q1, according to a new report by RealtyTrac, and sold for 27% less on average than regular properties. "In a normal market, only 1-2% of home sales are foreclosures, so this is certainly a significant level."  [View news story]
    Lots of people in my area buying the lower priced homes, fixing them, and reselling. One acquaintance ready to put their flip house (oh, how I hate that term in today's market) on the market. Curious to see how it does. So what if the houses are going for a lower price, new homeowners will be left with more cash in their pockets. Lots of homes were crazy high in prices and the math impaired took their deserved bath.
    Jun 30, 2010. 09:01 AM | 1 Like Like |Link to Comment
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