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joro_ianev

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  • The days of economic prosperity may well be behind us, warns Northwestern University's Robert Gordon. The robust economic growth over the past 250 years may be a unique success tale for the history books, but it's not sustainable for the future. Productivity and innovation, Gordon says will eventually succumb to the headwinds of declining demographic trends, gaps in the education system, rising income inequality, globalization, declining energy/environment resources, and of course, debt. [View news story]
    Terry330, you are wrong, again. Historically we are at the highest tax period the humanity has known. The 'wealthy' have not escaped any of it.
    Sep 1 11:41 PM | 2 Likes Like |Link to Comment
  • The days of economic prosperity may well be behind us, warns Northwestern University's Robert Gordon. The robust economic growth over the past 250 years may be a unique success tale for the history books, but it's not sustainable for the future. Productivity and innovation, Gordon says will eventually succumb to the headwinds of declining demographic trends, gaps in the education system, rising income inequality, globalization, declining energy/environment resources, and of course, debt. [View news story]
    You have a valid point on labor unions. But you are barking under the wrong tree on globalization. Trade has always, always lead to increase in prosperity. Check your history books.
    Sep 1 11:17 AM | 3 Likes Like |Link to Comment
  • Is The Western Digital Pop Overdone? [View article]
    Dana, if I recall you have been a WDC/STX bear for quite some time. What, your calls of HDDs going away and being totally replaced by SSDs isn't coming true?!? Shocker.

    Here is another shocker for you: the Ford comparison. Gee, here is a company with no ill-effects of unions in manufacturing, no Europe operations to loose gobbles of money, an no highly-leveraged balance sheet ... so why are we comparing WDC to Ford exactly?!?

    If you have followed WDC you will know by now that the company is notoriously conservative on guidance. Based on numbers presented and the opportunities in cost cutting they hinted we model a $11.5 EPS and 2x cash flow. Finally, let's not forget that they still have $1.3B stock purchase authorization and plenty of hints on the call that they expected to fully use it.

    So, why should be scared of the stock?
    Jul 26 01:18 PM | 5 Likes Like |Link to Comment
  • Is The Perfect Storm Here? [View article]
    Disagree that it matters not what the outcome of the elections is. If we have 4 more years of Obama you know taxes are going up and spending is never coming down. Therefore our only road under that outcome is the combination of monetizing the debt and defaulting. Obviously this will seriously cripple the productive capacity of our economy. Although Romney is no Ron Paul (I wish Ron Paul was still an option) it is highly likely he will not reach out for tax increases, will reign in the spending and allow for a more gradual debt monetization; heck, we have been monetizing our debt since 2010.
    Jul 20 06:11 PM | 1 Like Like |Link to Comment
  • Senator McCain steps up to say that he's open to tax increases as a way to boost revenue as part of the deficit reduction plan. The Senator has long been a staunch advocate of a strong defense policy, and has been a vocal proponent of rescinding the sequester that would cause defense spending to be significantly reduced starting in 2013.  [View news story]
    We need to get rid of all those bums going after our pockets. Don't care if it is for bombs or bureaucrats! All I want is to keep more of my paycheck, not give 60% of it away on various taxes. And they want more!!! Time to cut spending ...
    Jun 21 01:15 PM | 5 Likes Like |Link to Comment
  • Apr. Trade Balance: -$50.1B vs. -$49.3B expected and -$52.6B (revised) prior. Exports $182.9B. Imports $233.0B.  [View news story]
    Bear Bait:

    You are mistaken in your belief. Austerity, as practiced in Europe and the US, goes hand-in-hand with higher debt. Although the word evokes thought of 'spending cuts', what is actually happening is continued government spending and higher taxes. This wrong form of austerity is what is killing the private sector and leading to drastic contraction.
    Jun 8 11:57 AM | 1 Like Like |Link to Comment
  • This Solar Stock Didn't 'Miss' Anything [View article]
    Careful not to fall into a 'statist' thinking hole. There are bull and bear markets in commodities as well. Recall how many steel companies went belly up in 2003 and 2004. Then suddenly the industry became sexy for investors. Another example is agriculture - sexy now, but you couldn't give a farm away in 2008. There are examples aplenty.
    May 9 06:38 AM | Likes Like |Link to Comment
  • Berkeley's Laura Tyson is worried that if the workforce doesn't keep up with technology, wage inequality will widen further, structural unemployment will increase, and America will be less competitive. More must be invested in training and education, but projected cuts at all levels of government threaten the relevant programs.  [View news story]
    We outspend all other countries in education, both in total and on a per student basis. Yet we grossly underperformed. Doesn't it sound like a 'system' failure and not a 'funding' failure?

    As others have observed, we must end unions in education and do away with DOE. Introduce vouchers and privatize the system. This will allow us to spend the same in education as we currently do while greatly improving the outcome.
    May 6 09:43 AM | 5 Likes Like |Link to Comment
  • Fact File: Annual Budget Of The U.S. Securities And Exchange Commission [View article]
    Oh, sure we need more bureaucrats ... for what exactly? Keep telling yourself that they are there to watch for your interest. It never seizes to amaze me how naive people are even after well-publicised blunders.
    Apr 29 09:28 PM | Likes Like |Link to Comment
  • 3 Clean Energy Stocks With Negative Receivable And Inventory Trends [View article]
    If MXWL is expanding their share price contracted by almost 40% on Friday. Turns our the article author was correct on the bearish sign...
    Apr 28 11:02 PM | Likes Like |Link to Comment
  • A Cash-Rich $10 Tech Stock To Pick Up Now [View article]
    Don't believe the company competes with CSCO and JNPR. It is a wholesaler of internet traffic over its own network. It does not produce any hardware.
    Mar 11 09:50 PM | Likes Like |Link to Comment
  • It appears likely that Portugal will be the next to restructure its debt and exit the euro zone, says economist Nouriel Roubini. Greece should be gone by next year, and with several other euro-zone countries in trouble, including Italy and Spain, Roubini sees Portugal as the weakest and next to fall.  [View news story]
    Pride? Greed cures pride. Their unions prefer the money of the Germans to any pride.
    Mar 9 10:30 PM | Likes Like |Link to Comment
  • "What on earth are you thinking?," asks Henry Blodget to those buying Yelp (YELP +64.3%) at ~$25/share. Yelp's growth rate, while high, is below that of Groupon and LinkedIn, and unlike those companies, it's also posting huge losses. Moreover, Yelp is trading at nearly 20x its 2011 revenue (other digital media names trade at 3x-8x), and it needs to keep a giant sales force on staff to bring in ad deals. (more)  [View news story]
    Yep. You can't borrow shares to short though.
    Mar 2 03:15 PM | Likes Like |Link to Comment
  • PIIGS To The Slaughter: After Greece, Portugal [View article]
    Which is why everyone with means comes here for care.
    Feb 19 04:27 PM | 3 Likes Like |Link to Comment
  • PIIGS To The Slaughter: After Greece, Portugal [View article]
    >>>Perhaps Unions in the US should take a few lessons from German unions?<<<

    I have an even better suggestion: how about workers here denouncing unionism altogether and relying on a free labor market to better determine their wage. If you look at most occupation in the US the average wage in those occupations is, with small exceptions, higher than anywhere else in the world. It is productivity, not unions that determined that outcome.

    I am tired of the many utopians out there who believe in the benevolent hand of the government in regulating our life and business. Somehow, the utopia goes, the good folks go to work for the government and triumph over the greedy businessmen; greed is conquered and prosperity forever shines upon us. Well, there is but one problem: reality. In reality, from ancient Rome to today, the government exhibits as much greed as the businessmen - only it multiplies it and distorts the society (think doing business in China, or Greece), wrong hiring decisions in government get made (which creates oxymoron like IRS and Customer Service) and the truly twisted and evil end up leading the government.

    A nationalized health care system?

    Good lord, are you mad? Why do you hate prosperity and like mediocrity so much? We have too much regulation in the health-care industry already. You must like staying in lines to see a doctor; or you like stagnating technology; or underfunded care system.

    I remember the healthcare in Eastern Europe back in the day. Oh, yes, it was free. But a new medicine will appear every 5 years or so. Unless you had connections, you will wait many hours to see a doctor. Outside of the flu and cold, your chances of being cured weren't that great. People tended to turn to alternative medicine a lot more than to medicine. And it has gotten a lot worse lately as they are now experimenting with a single-pay system, but private care providers. Basically you pay your health taxes, but they go into the general pool. Most gets stolen. Whatever reaches the doctors is so low that the patient essentially pays it all via bribes or presents.

    Let's be real. Let's get to common sense.
    Feb 19 04:09 PM | 5 Likes Like |Link to Comment
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