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OptionManiac

OptionManiac
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  • It's High Time for Cameron and the Conservatives to End the U.K. 'Nanny State' [View article]
    He also said "Democracy is the worst form of government, except for all the rest."
    May 14 01:15 PM | 3 Likes Like |Link to Comment
  • Mixed Signals From the Market [View article]
    I've been reading your comments, and for the life of me, I can't figure out what angle you are coming from. In your view, are things getting better or worse, or its not even worth it to guess because nobody knows?
    May 14 01:08 PM | 1 Like Like |Link to Comment
  • On a 64-35 vote, the Senate approves creating a clearinghouse intermediary to pick random credit rating agencies for financial institutions, to address the "ratings shopping" system. S&P parent McGraw-Hill (MHP) down 3.5%; Moody's (MCO) down 3.7%.  [View news story]
    Your point is well taken. Thank you for the discussion. (if only congress could hash things like this out).
    May 14 10:39 AM | Likes Like |Link to Comment
  • On a 64-35 vote, the Senate approves creating a clearinghouse intermediary to pick random credit rating agencies for financial institutions, to address the "ratings shopping" system. S&P parent McGraw-Hill (MHP) down 3.5%; Moody's (MCO) down 3.7%.  [View news story]
    Why can't you blame someone who isn't doing the job they are supposed to do. If they had my job, they would be fired if they continually screwed up. I think what you are saying is that credit rating companies should be ignored and maybe done away with.
    May 14 09:55 AM | Likes Like |Link to Comment
  • It's High Time for Cameron and the Conservatives to End the U.K. 'Nanny State' [View article]
    Keep in mind, the British conservatives are to the left of more than one Democrat in congress.
    May 14 09:49 AM | 8 Likes Like |Link to Comment
  • April Retail Sales: +0.4% vs. -0.1% expected, +2.1% in March (revised from +1.9%). Ex-auto +0.4% vs. +0.2% expected, +0.9% prior.  [View news story]
    Please explain the ratio to me. Thanks!
    May 14 08:49 AM | 1 Like Like |Link to Comment
  • Minerals Management Service, the oil industry's regulator, apparently gave dozens of firms (including BP (BP)) permission to drill in the Gulf of Mexico before getting approval from an agency that assesses wildlife threats, and routinely pressured its internal staff to change report findings if a study predicted an accident was likely to occur.  [View news story]
    There is a "museum" in our town that depicts scientists as somewhat evil. When ideology (either left or right) is allowed to trump the findings of scientific methods (granted, done by humans and subject to error), the path to finding answers to problems is in deep trouble. This anti-science culture has been growing in this country.
    May 14 08:16 AM | Likes Like |Link to Comment
  • Mixed Signals From the Market [View article]
    Great comment, Andrew. I love gleaning this site for thoughtful insights (although the ideological diatribes are a bit tiresome).
    May 14 08:10 AM | 1 Like Like |Link to Comment
  • On a 64-35 vote, the Senate approves creating a clearinghouse intermediary to pick random credit rating agencies for financial institutions, to address the "ratings shopping" system. S&P parent McGraw-Hill (MHP) down 3.5%; Moody's (MCO) down 3.7%.  [View news story]
    Right, make it TOTALLY random. Although GS would figure out how to rig the machine.
    May 14 07:25 AM | Likes Like |Link to Comment
  • On a 64-35 vote, the Senate approves creating a clearinghouse intermediary to pick random credit rating agencies for financial institutions, to address the "ratings shopping" system. S&P parent McGraw-Hill (MHP) down 3.5%; Moody's (MCO) down 3.7%.  [View news story]
    The common investor doesn't have an accounting degree. Neither does the common investor have the time to look at a companies books, and if he did, can he believe them? Are you saying that 95% of people who are in the market should just invest in CD'S?
    May 13 01:36 PM | 3 Likes Like |Link to Comment
  • Initial Jobless Claims: -4K to 444K, in-line with consensus. Continuing claims +12K to 4,627,000.  [View news story]
    Remortgage = more money in pockets = shop til you drop.
    May 13 09:18 AM | Likes Like |Link to Comment
  • Protests step up in Greece as the country's two biggest unions call the fourth general strike of the year for May 20, as a reaction to pension cuts and a raised retirement age.  [View news story]
    Ah, I'm sure their contracts guarantee paid days.
    May 12 02:28 PM | 1 Like Like |Link to Comment
  • Protests step up in Greece as the country's two biggest unions call the fourth general strike of the year for May 20, as a reaction to pension cuts and a raised retirement age.  [View news story]
    Would they suck it up if the politicians and the wealthy also suck it up? I'm not defending them whole heartily, they did accept the socialist payouts and handed the gift givers their votes. Everyone has to suck it up.
    Hey, if we increased the retirement age on our SS and Medicare, we would be in a different position. (One of the most obvious tweaks that should have been written into the original laws).
    May 12 01:24 PM | Likes Like |Link to Comment
  • MBA Mortgage Applications: +3.9% vs. +4% last week. Thirty-year fixed mortgage rate decreased to 4.96% from 5.02%.  [View news story]
    Most of the gain in remortgages - but that just puts more cash into the common man's pockets. Just don't understand why these people haven't refinanced already.
    May 12 08:20 AM | Likes Like |Link to Comment
  • Nouriel Roubini believes the sheer size of the rescue package will halt the immediate threat of contagion, but he's less sanguine about the long term. He sees the "wall of liquidity" from central bankers around the world laying the foundation for the next crisis, citing evidence of potential bubbles in various asset classes.  [View news story]
    Hmmm......one of the better discussions on this site. You guys are trying for a solution, not touting black or white ideologies.
    May 11 08:22 PM | 1 Like Like |Link to Comment
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