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dave mckay » Comments » C

  • Wall Street Breakfast: Must-Know News [View article]
    Big deal. 10 billion is really nothing in the grand scheme of things. I'm glad the govt. is theoretically losing this amount. After the mafia tactics the govt. used last fall, making an offer the banks couldn't refuse, it's nice to see some payback. I own preferred stock in Old National Bank. and I sleep like a baby collecting my big dividend.
    May 22 09:25 am |Rating: +1 -5 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Labor unions take over Chrysler. Socialism/Communism is here, thanks to Obama and greedy unions. Hope they all fail miserably.
    Apr 28 11:06 am |Rating: +1 -3 |Link to Comment
  • 10 Reasons Why We Still Haven't Hit Bottom [View article]
    I laugh when people say that buy and hold does not work. Just pick 3 stocks at the very top of the market in 1972. IBM, Proctor and Gamble and ConEd. You would have made a fortune. With ConEd, those shares you purchased in 1972 would now have a dividend rate of approx. 50%, with todays dividend payout! Try that with bonds or any other kind of income tax-sucking, market timing scheme.
    Mar 27 14:46 pm |Rating: 0 0 |Link to Comment
  • Nervous About MLPs [View article]
    Thanks Mark,

    What do you think of MMP? How about NS? These two seem to have the best looking charts out of the pipeline MLP's. BTW, I am very familiar with JPS. I don't own it, I own PDT instead and like it much more than JPS, mostly due to the fact that it has a lot less financial related preferreds in it.
    Mar 25 16:25 pm |Rating: 0 0 |Link to Comment
  • Nervous About MLPs [View article]
    Mark Joseph, I'm confused. None of those MLP's you listed have debt 5 times earnings or less. The only one I could find that meets that criteria is MMP. JPS is a closed end mutual fund, so I think you have a typo on that one.
    Mar 24 15:54 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The carbon tax is a joke. Global warming stopped ten years ago. Fact is that 1998 was the warmest of the last 10. And besides, what's the big deal, the earth has only increased 1 degree F in the 20th century! Some global warming! It's just a left-wing wealth redistribution scheme.
    Mar 13 11:21 am |Rating: +8 -4 |Link to Comment
  • Citigroup: Too Big to Sell - At Least All at Once [View article]
    Mr. Whalen, I always enjoy your posts. I wish you would post more often.
    Jan 14 14:06 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Paulson is finally doing the right thing and copying the Swedish solution. Inject money into the banks instead of buying bad paper. I just hope it's not too late, now that he finally is doing the right method.
    Nov 13 10:42 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Michael Levy need to learn a) the difference between the cash price and the futures price, b) the spelling of the word "gouge", c) the unintended consequences of price controls, i.e. shortages, d) simple logic.
    Jun 23 10:18 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    dectra said.."So much for bush's "strong dollar" policy....what a putz. Worst. President. Ever."

    I see the BDS afflicted (Bush derangement syndrome) have shown up. Too bad you can't see the socialism that your favorite candidate will bring. God help us all.
    May 27 10:59 am |Rating: 0 0 |Link to Comment
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