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JAMES CARLINI

JAMES CARLINI
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  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    The two NY fugitives gave the Press a good "alternative" to shed the spotlight on, instead of all the HUGE problems the US is facing.

    I agree with Blue Okie. It was OK to hear about it - but come on. The MAJOR news story over and over and over?

    Funny how they can amass 1100+ police and sheriffs to find two guys but they are lost when it comes to finding the millions of illegals.
    Jun 29, 2015. 09:35 AM | 17 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    The AIIB is sending the message very clear, "Money talks, and America/IMF can walk".

    The Chinese have so much money to lend out, they can change whatever they want as far as what used to be "standard procedure" for international project lending.
    Jun 29, 2015. 07:10 AM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    Greece - Told you so - last week. Where is the "drop-dead" date?

    They're still kicking the can down to tomorrow, next week, whatever.

    As for Puerto Rico, how did they "just pop up now" with such a debt? No one keeping an eye on them either?
    Jun 29, 2015. 07:05 AM | 16 Likes Like |Link to Comment
  • Wall Street Breakfast: Throw China A Life Preserver [View article]
    Buckoux

    WOW - am I behind. I did not know RIQ changed his Alias.

    OK - now it all makes sense.

    As for Bob123 talking about not beating on the poor, Come on Bob, they have been getting increased benefits at the expense of the Taxpayers. WHY?

    They should have to tighten THEIR belt, just as all those who pay taxes every year but who have lost jobs and have become "underemployed".

    When you lose a job paying $100K and get knocked down to maybe $40K-$50K, you need to cut back A LOT. I don't see anyone on welfare cutting back from any entitlement cutback. The fact is, there hasn't been any. But those underemployed who want to keep their house, still have to pay the same property taxes whether they were making $100K or now $40K. They can only tighten their belt in order to afford paying those taxes. I don't see poor people feeling any effect from the poor, stagnant economy.

    They get their check every month.
    Jun 26, 2015. 01:30 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Throw China A Life Preserver [View article]
    TBill
    You forgot that you also sign up the kids for the free school breakfast AND lunch plans, so you don't have to spend all that Food Stamp money for food and you can get liquor instead for the money. (Feeding the kids? Let another program do that)

    Plus, if you have some money left on the card, you can get that Tattoo you always wanted.

    Yep. Why work? TBill has laid out the economic plans that many people subscribe to.
    Jun 26, 2015. 09:09 AM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: Throw China A Life Preserver [View article]
    pg guy -
    Well said.

    If you're poor, you shouldn't be buying tattoos. Buy some books.

    We have a War on Drugs, a War on Crime. What we should have is a War on Illiteracy and poor schooling.

    We wouldn't need a lot of these poorly-run government programs, if we just had good parenting focused on kids learning how to read.
    Jun 26, 2015. 09:01 AM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: Throw China A Life Preserver [View article]
    DCV
    I don't listen to what Cramer says anymore. He has as much credibility as Vince, the guy who sells the Sham-Wow towels.

    Cramer is the equivalent to selling stocks. "Hey cameraman, pull in here for a closer shot."
    Jun 26, 2015. 08:27 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: Throw China A Life Preserver [View article]
    Richard,
    Thanks for putting me up in the "upper middle class" level, but I'm in the "working class". I'm not living off some "old money" trust fund and I sold my boat over a decade ago.

    What has happened is that "labels" have changed for society. What was "upper middle class" is now just "working class" if you look at their assets and what they have lost, but when you go to tax them - they are looked upon as "upper middle class". (and need to be taxed)

    I love when all the politicians come out and say, "We need to tax the rich". There aren't that many "rich people" left to pay for all the spending this country does.

    So what happens? If you make over $80,000 - you are considered "rich" and are taxed accordingly. Those on entitlements are making more than many people who go to work everyday.

    THAT - has to stop.

    The "squeeze" has been put on the middle class for so long, they should be called "the affluent poor". Someone has to pay for all the government- and it has NOT been the rich (with all their loopholes) and it has NOT been the poor (with their hands out always asking for more. Their benefits have grown, they haven't had to cut back 20% like many middle class families).

    So many who thought they were upper middle class are now about one or two paychecks away from disaster.

    A friend of mine just declared personal bankruptcy and at one time he was an executive making over $250,000. He lost a lot of assets and even had to go into his 401K plan to live on and pay his mortgage while paying a penalty for taking money out. In his late 50s and could not find a job.

    His story is more common than you think.

    As for the economy? I don't hear any of my friends talking about buying a 40' Yacht - new or used. Most, are just trying to hang onto what they have and what they have accumulated.
    Jun 26, 2015. 08:20 AM | 33 Likes Like |Link to Comment
  • Wall Street Breakfast: Throw China A Life Preserver [View article]
    Greece comes to a decision today? I wouldn't bet on it. Just watch.

    "Oh, we came to some impasse today - next Friday, for sure we will have a decision."
    Jun 26, 2015. 08:02 AM | 19 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Creditors Give Tsipras Ultimatum [View article]
    On these "Go rent your car" schemes, who has the liability when the "renter" crashes up the car?

    Wouldn't the owner have to take on a lot more insurance to cover the car if it is being used "in/as a business"? Same concept if you are renting your car out.

    Why not just lower car prices by $10,000 and make them more affordable?
    Jun 25, 2015. 07:45 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Creditors Give Tsipras Ultimatum [View article]
    This type of CEO compensation package needs to cease:

    GE's (NYSE:GE) Jeff Immelt +88.4% to $37.3M (shareholder return -6.7%);

    IBM's (NYSE:IBM) Virginia Rometty +38.5% to $19.3M (shareholder return -12.4%)

    You should NOT be rewarded for negative growth/performance. I'm sure all the workers at GE and IBM were told - no raises this year because "we didn't do too well".
    Jun 25, 2015. 07:42 AM | 36 Likes Like |Link to Comment
  • Wall Street Breakfast: Ahold, Delhaize Confirm €26B Mega-Merger [View article]
    To all the "buy the newer (Safer) cars" crowd.
    First of all, ANYTHING in the car that distracts the driver should be torn out.

    NO touchscreens with built-in connectivity so you can make a phone call, no TV screens in front or back for movies, and above all- if they want to put a sensor in for "safe-driving", how about a sensor that can detect you are texting?

    To me, all the money should be put under the hood and into the suspension. OK - I grew up in the Muscle Car era. 300HP was good, but 400HP was better.

    If you drive - DRIVE, do not text, eat, put on make-up, do your nails, etc. We should be doing 80-90 MPH on the expressways as they were built for faster speeds. ALL statistics saying that speed kills are BS. Check the autobahn numbers which have areas where you can get in the Fast Lane and do 130MPH (or whatever your car can't do).

    Accidents per 100,000 are actually LOWER on the Autobahn then our systems when we imposed a 55MPH top. So does speed kill? NO. Get the drunks off the roads and you would save a lot of lives.

    Self-driving cars are NOT good. As TAS points out, who has the liability when they crash? NO software is 100% reliable and what if there is one glitch in it? Sorry, but self-driving cars are NOT the answer.
    Jun 24, 2015. 10:41 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Ahold, Delhaize Confirm €26B Mega-Merger [View article]
    GGGL
    You said..........Then finally you need to do the most important calculation, namely that the older car is significantly less safe than the newer car, plus now gets much worse fuel economy.
    ----------------------...
    How did you come up with that conclusion? Not ALL older cars are less safe. AND mileage isn't everything.

    I'll take a trade-off in MPG, if the car that gets 20-22MPG vs the car that gets 40MPG can withstand a major crash. Would you REALLY drive around in a SMART Car? I wouldn't. I have been in bigger golf carts.

    Too much emphasis has been put on MPG and not the survivability in a major crash. Plus, a well-appointed used car is going to be safer than a stripped down econobox. (both prices would be the same - let's say $20K).

    You can't get much for $20K new, but you can get a lot of car for $20K used.
    Jun 24, 2015. 08:49 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Ahold, Delhaize Confirm €26B Mega-Merger [View article]
    BlueOkie
    I agree with you. We don't need WiFi in the car, we don't need backup cameras or automatic parallel parking systems. If you cannot parallel park, you should NOT be driving a car.

    Too much electronics on the cars jack up the prices. From a maintenance standpoint, the more electronics, the higher your repair bill.

    A touchscreen covering a lot of controls in the middle of the console sounds nice until it burns out or "goes on the fritz". Then, the bill to replace it comes back in the $1000s. You either repair it - or tow it to the salvage yard.

    I think some electronics have over-complicated the cars and have added a lot to the bottom line price of a car.

    The other issue is that certain basic sub-assemblies should be a given that they work, but somehow in all the engineering changes, certain things that were taken for granted, like ignition systems and airbag systems, are now faulty and unreliable.
    Jun 24, 2015. 08:19 AM | 13 Likes Like |Link to Comment
  • Wall Street Breakfast: Eurozone Economy Weathers Greek Storm [View article]
    What you guys fail to see in what I was saying is - the city government imposed all these rules and taxes onto the Cab companies - and they complied. They bowed to "the system". Now, the system looks the other way while Uber comes in and takes a good piece of the marketshare. If I am the guy who complied with all the rules? Why should I now?

    The whole idea that "it's a win for the little guy" is untrue. Uber will NOT survive because as soon as they put some of the Taxi services out of business, who do you think is going to be targeted by the city government to make up for the shortfalls? All of a sudden, Uber needs to cough up a LOT of new fees.

    Either they ALL play by the same rules (you can argue if the rules are fair or not), but if the rules don't apply to all, then the Taxi companies should tell all the cities to shove it.

    AND for those of you "thinking as a rider", think as a business owner. Would you stand idly by if someone was undercutting you for marketshare while you were paying all the licensing and taxes for cab medallions? I doubt it.
    Jun 23, 2015. 02:22 PM | 2 Likes Like |Link to Comment
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