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  • Boeing protests bomber award [View news story]
    I have always loved Boeing products. But when Boeing blackmailed this country over the Export-Import Bank, I lost all respect for Boeing and it's products. Another formally traditional, patriotic American company bites the dust.
    Nov 6, 2015. 08:56 AM | 1 Like Like |Link to Comment
  • Greece Bailout Agreement Adds To GLD Selling Pressure [View article]
    The crisis in Greece is still not over. Even if their legislature approves the controls insisted by the EU, the government will have to deal with the people who strongly stated they do not want them to capitulate to any more EU requirements. As a result, the government might loose support and fall apart creating another crisis. So don't count your chickens just yet.
    Jul 14, 2015. 10:38 PM | Likes Like |Link to Comment
  • Rocket disaster won't bump SpaceX from competition [View news story]
    I worked in the aerospace industry ( L.A. and the Kennedy Space Center ) in the 60's, on the F-4's, F-101, TFX later called the F-111, Apollo/Saturn and Gemini space programs as an engineer. There were launch and test failures during the course of the programs, some that led to the deaths of three astronauts. Accidents and problems are expected during the course of research and development programs but those involved work hard to keep those accidents to a minimum.

    Contractors such as North American Rockwell, Boeing, Grumman, McDonnell Aircraft etc. were responsible for major portions, if not all portions of the projects. But in all cases the federal government was the customer; the military for fighter aircraft and NASA for space projects. Research and development projects require much funding since a lot of the work is cutting edge. Whether part of the total amount of that funding is waste or pork or payoffs is not part of this commentary as I probably agree. But funding for R&D projects is necessary.

    The United States had a purpose in getting into space in the 50's and 60's and a determined president set a definite goal and challenge for this country to lead the world in space exploration. Yes, corporations saw there was money to be made, but the overall majority of people and corporations at that time were inspired by President Kennedy's challenge and their own patriotism. Given the size and complexity of the projects, NASA did an outstanding job overseeing the space projects and the military branches also were outstanding overseeing their projects. There were objections from many sources complaining about the cost overruns of the projects but in the final analysis, the technology developed by the space industry created an economic boom for many countries around the world and the economic return to this country was many times greater than the cost of the projects. The money spent on military hardware kept this country safe and the superpower it was at that time.

    Today, whether Space X is authorized to launch rockets is not the issue. If not them, it will be some other company.The issue is whether or not the United States has a goal and a purpose for launching those rockets as we did in the 60's. Whether or not NASA and the military have the same challenge in overseeing projects so that scientists, engineers, technicians and production personnel have a reason to produce quality products that will result in success of those projects. Above all, do we have the leadership today that is determined to set the goals and provide the determination - as President Kennedy did - to inspire the country to success. I get the feeling though that today it's all about money, not the country. In my opinion, without both of those ingredients, we will not succeed as we did in the past.

    Jul 2, 2015. 11:39 AM | 2 Likes Like |Link to Comment
  • Lockheed Martin: Well-Positioned To Take Advantage Of Global Destabilization [View article]
    Lockheed and Boeing had the bidding on military and NASA contracts all but closed to other contractors giving substantial profits to each. Now however, Space X has become a legitimate competitor and because of the increased competition, will reduce the cost of contracts and in turn the profits to Lockheed and Boeing.
    Apr 22, 2015. 01:40 PM | 3 Likes Like |Link to Comment
  • Retirees Look To The Industrials Sector For Above-Market Yield And Dividend Growth: S&P 500 Industrials Sector [View article]

    Where can I find the 20 year earnings data for individual stocks?
    Feb 22, 2015. 01:54 AM | Likes Like |Link to Comment
  • 48 MLPs For Income: Are The 10% To 20% Yields For Real, Or Too Good To Be True? Part 4 [View article]
    I remember a few years ago, Canada changed it's laws concerning similar situations. As a result, many stock values collapsed. Keeping a close watch on the situation is a good approach however at what point does one sell to avoid similar results in the United States?
    Dec 6, 2014. 09:37 PM | Likes Like |Link to Comment
  • 48 MLPs For Income: Are The 10% To 20% Yields For Real, Or Too Good To Be True? Part 4 [View article]

    I just read that Paul Ryan is proposing changes to the MLP and REIT laws that provide special tax treatment to those investments as he feels those company's get around paying taxes. If he succeeds in changing the law, how do you feel about investmenting in MLP's and REIT's at the present time?
    Dec 6, 2014. 09:33 PM | Likes Like |Link to Comment
  • Bullish Percent Index And Sector Indicators Dip Further South [View article]
    Is the BPI available for individual stocks?
    Nov 18, 2012. 02:32 PM | Likes Like |Link to Comment