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JohnLocke

JohnLocke
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  • Despite further deterioration in Egypt over the weekend - military jets buzzed the capital and opposition figure Mohamed ElBaradei claimed the departure of President Mubarak is "non-negotiable" - the Saudi stock market traded up 2% Sunday, perhaps portending a better than feared open for U.S. markets on Monday.  [View news story]
    Some things to remember about Egypt.

    This is not about democracy, yes the people are rioting to get rid of Mubarak a US ally but what do they want to take his place??

    Two Words: Muslim Brotherhood

    Ironically the very symbols of democracy in Egypt were the first things to burn...
    Take a look and find the pictures of the Mosques that are filling up with the looted symbols of anti Muslim decadence.

    Make no mistake this unrest is very Anti-American.
    Jan 30, 2011. 12:18 PM | 10 Likes Like |Link to Comment
  • Some slow but notable changes beginning to take shape in the banking industry: banks are starting to expand their loans to consumers for the first time since the financial crisis, and banks are consolidating market share, growing into the kind of behemoths that keep the likes of Dodd and Frank awake at night.  [View news story]
    When is the last time you bought a sack of groceries?

    Maybe you need to look at your receipts as opposed to believing another BLS magic number...

    Gold at 5000? I wonder if gold is anywhere near its all time high hmmm $1365.50 only 75 bucks off its all time high, but that does not matter.

    You may not need to hide in a bunker but you may need to open your eyes to what is going on around you as opposed to quoting clearly manipulated data sets...

    I bet you believe this stock market rally is built on fundamental market strengths and the foreclosure crisis is under control.

    Oil at $90 a barrel or 3.05 per gallon for unleaded nothing to see there...

    Jan 16, 2011. 10:54 PM | 2 Likes Like |Link to Comment
  • Some slow but notable changes beginning to take shape in the banking industry: banks are starting to expand their loans to consumers for the first time since the financial crisis, and banks are consolidating market share, growing into the kind of behemoths that keep the likes of Dodd and Frank awake at night.  [View news story]
    Anytime I am spending someone else s money instead of the money in my pocket I am making a debt on someones books until I pay it back...
    When real unemployment is over 10% (some say as high as 17%) and stealth inflation is robbing everyone's purchasing power via overpriced commodities a new credit card is really just a simple unsecured loan to the vast majority of Americans who wanted to make ends meet or at least be able to buy a couple of Christmas presents...
    Jan 16, 2011. 02:36 PM | 2 Likes Like |Link to Comment
  • Some slow but notable changes beginning to take shape in the banking industry: banks are starting to expand their loans to consumers for the first time since the financial crisis, and banks are consolidating market share, growing into the kind of behemoths that keep the likes of Dodd and Frank awake at night.  [View news story]
    What exactly does the article say?

    Morgan Chase increased lending 6% but most of that lending was to businesses not consumers... The article is lacking in any real empirical data to back up any increase in consumer lending activity.

    As you read through the article you find it is nothing more then another fluff piece.. How in one paragraph can you say that the banks customers credit card usage is up 10% and in the very next paragraph wax about how many Americans are saving and paying down debt thus making them better borrowers...

    This backwards logic is what got us into this mess and will keep us running on a hamster wheel named the status quo ...
    Jan 16, 2011. 01:45 PM | 5 Likes Like |Link to Comment
  • If something can't go on forever, it will stop. Irritation over public union pay and benefits continues to fester. The reality of strapped governments having to meet these promises is clashing with resistance to further tax hikes. Taxpayers are winning some of these battles, a rare occurrence.  [View news story]
    Bravo Sir
    Jan 4, 2011. 09:43 PM | Likes Like |Link to Comment
  • How Unemployment Could Aid Growth [View article]
    I follow your logic but to equate the US to China in terms of its ability to produce double digit growth is apples to oranges ..

    We too could have double digit growth if we would be willing to suspend our membership in the WTO, abandon our environmental regulations, labor laws, and any semblance of fair business practices, oh yea we would also need to devalue or currency and make sure that the people we trade with do not devalue theirs.

    Please continue your logic and tell us what all of our unemployed are going to do? China has our wal-marts, what do we have?

    A time will come when the USA gives itself "Most Favored nation Trading Status" until then We just gotta keep from drowning in the Kool-Aid

    Jan 4, 2011. 09:25 PM | 3 Likes Like |Link to Comment
  • If something can't go on forever, it will stop. Irritation over public union pay and benefits continues to fester. The reality of strapped governments having to meet these promises is clashing with resistance to further tax hikes. Taxpayers are winning some of these battles, a rare occurrence.  [View news story]
    Why is it that high wages are such a great thing but high costs are not?

    I wonder why nobody points the finger at the root cause of our issues?

    The WTO
    Jan 2, 2011. 01:29 PM | 1 Like Like |Link to Comment
  • The EU bailout fund "just turn(s) an acute disease into a chronic one," says Chinese Commerce Minister Chen Deming, adding, "it's really hard to say whether these countries ... can recover." This is Chen's 2nd statement this week voicing pessimism towards the outcome of the EU debt crisis.  [View news story]
    And his opinion matters why exactly?

    What is China doing to help solve the problem as opposed to being probably the greatest single contributor?

    Throwing stones in glass houses comes to mind, currency manipulation, trade manipulation, labor exploitation, environmental abandon, human rights violations, anybody care or remember that China is still COMMUNIST?

    But I digress... I'm sure Chen will have a great state visit, I bet he will even get a kowtow from the great orator himself...
    Dec 25, 2010. 02:43 AM | Likes Like |Link to Comment
  • Meredith Whitney defends her 60 Minutes claim that a wave of municipal defaults will spark a selloff in muni bonds, hurting economic growth and causing "a lot of social unrest." And there won't be any bailouts, she says: "Who in Nebraska's going to want to bail out someone in Florida?" These 16 cities face bankruptcy without big cuts.  [View news story]

    Side note: I volunteered to maintain the landscaping and the city will at least provide workmans comp coverage in case I get hurt trimming trees or pruning other scrubs.

    Are you serious???
    Dec 22, 2010. 08:45 PM | 1 Like Like |Link to Comment
  • Net neutrality rules are hardly a "threat to freedom" - they're a toothless compromise crafted with the goal of winning the approval of corporate interests, Timothy Karr writes. Indeed, nearly all affected stocks rose today. ISPs and wireless carriers: CMCSA +1.5%, VZ +0.6%, T -0.2%, TWC +0.9%, S +0.9%. Content streamers: NFLX +4.6%, GOOG +1.3%, AMZN +0.8%.  [View news story]
    Was it something I said? lol
    Dec 21, 2010. 11:20 PM | Likes Like |Link to Comment
  • Meredith Whitney defends her 60 Minutes claim that a wave of municipal defaults will spark a selloff in muni bonds, hurting economic growth and causing "a lot of social unrest." And there won't be any bailouts, she says: "Who in Nebraska's going to want to bail out someone in Florida?" These 16 cities face bankruptcy without big cuts.  [View news story]
    Sounds a lot like Ben....

    Is that you Mr. Bernanke? Green shoots = Old navy pajamas

    love it...
    Dec 21, 2010. 10:57 PM | 1 Like Like |Link to Comment
  • Net neutrality rules are hardly a "threat to freedom" - they're a toothless compromise crafted with the goal of winning the approval of corporate interests, Timothy Karr writes. Indeed, nearly all affected stocks rose today. ISPs and wireless carriers: CMCSA +1.5%, VZ +0.6%, T -0.2%, TWC +0.9%, S +0.9%. Content streamers: NFLX +4.6%, GOOG +1.3%, AMZN +0.8%.  [View news story]
    Montanamark and KMI,

    Could not have said it any better.... Bravo
    Dec 21, 2010. 10:43 PM | 1 Like Like |Link to Comment
  • Obama Needs to Embrace a Completely Different Growth Model Going Forward [View article]
    All I'm saying is don't beat around the bush...
    If ya wanna stalk User353732 just cut the foreplay and ask him/her out on a hot date.
    Otherwise, The goal of trolling a member without adding a shred of original thought to multiple discussions is pathetic and is cause for concern...

    The first step is you have to ask for help. You may also try these websites...
    www.nimh.nih.gov/healt...

    or to get in touch with that repressed anger you may try...
    nambla.org

    Glad to help and good luck in your healing:-)
    Dec 11, 2010. 08:28 PM | Likes Like |Link to Comment
  • Restructuring European Debt [View article]
    I guess you are in the top fifty contributors based on your high number of comments because it can't be due to their quality if that last one is to be taken as a representative sample...lol
    Dec 10, 2010. 08:44 PM | 1 Like Like |Link to Comment
  • Obama Needs to Embrace a Completely Different Growth Model Going Forward [View article]
    Again with the attacks....

    Please put forth an idea or lay out your personal beliefs on the matter being discussed. It will require some conviction and I'm guessing some toughening up on your part but I bet it will be a great read.
    Dec 10, 2010. 08:32 PM | Likes Like |Link to Comment
COMMENTS STATS
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