Seeking Alpha

bukdow

bukdow
Send Message
View as an RSS Feed
View bukdow's Comments BY TICKER:
Latest  |  Highest rated
  • In a defeat for organized labor, Volkswagen workers reject union [View news story]
    I am on the salary side of a UAW manufacturing facility. I can honestly say that probably 50% of the workers are solid and dependable, the other half should be in prison. In fact, the 50% that are good workers despise the lazy, incompetent and insufferable 50%. They call them "anchors". The bigger problem is who the union is recruiting now. I will try and put this delicately - the majority of new(er) union members are low-class whites and blacks. The low-class whites have zero skill and are lazy while the blacks come in with an entitlement mentality along with zero skills and zero work ethic. Both perfectly dove-tail with the victim/socialist union rhetoric.

    As one of the older members who is a solid dependable worker told, "If there aren't the lazy good-for-nothings, the union isn't needed." The union needs the malcontents as much as the malcontents need the union.
    Feb 16 08:56 PM | 3 Likes Like |Link to Comment
  • Rolls Royce Holdings' CEO Discusses Q4 2013 Results - Earnings Call Transcript [View article]
    Why did the stock go down 13% after such a favorable report?
    Feb 14 03:25 AM | Likes Like |Link to Comment
  • Vietnam Poised To Grow: Finding The Best Investment Vehicle [View article]
    How might one invest in the AFCVF? Is there a common ticker symbol or is it required to contact AFC directly? Thanks.
    Jan 6 12:27 PM | 2 Likes Like |Link to Comment
  • Boeing workers approve contract securing new 777X for Seattle [View news story]
    You are absolutely correct, Deja Vu. I presently work on the salary side for a unionized aerospace company. The UAW is nothing short of poison. From deliberate poor workmanship to sabotage to work holidays at triple-time the union employees are horrible. Of course, the union "leadership" keeps the union drone ignorant and misinformed. Even worse, the low information, entitlement class seems to becoming more and more a part of the union. These types are the worst. They spend their lives being told they are victims and taught to expect hand-outs, once the union fills their head with nonsense, they become completely insufferable.
    Jan 5 08:25 PM | 1 Like Like |Link to Comment
  • April Nonfarm Payrolls: +165K vs. consensus +145K, 138K previous (revised from +88K). Unemployment rate 7.5% vs. consensus 7.6%, 7.6% previous. [View news story]
    It has nothing to do with Fox News. Rather, its has everything to do with logical deduction.
    May 3 03:09 PM | 1 Like Like |Link to Comment
  • April Nonfarm Payrolls: +165K vs. consensus +145K, 138K previous (revised from +88K). Unemployment rate 7.5% vs. consensus 7.6%, 7.6% previous. [View news story]
    No, it does not have anything to do with my belief system. Honestly, do you think there is only 7.5% of the population unemployed? Especially when non-farm payroll increased by only 165k? The numbers just don't wash.
    May 3 11:22 AM | 8 Likes Like |Link to Comment
  • April Nonfarm Payrolls: +165K vs. consensus +145K, 138K previous (revised from +88K). Unemployment rate 7.5% vs. consensus 7.6%, 7.6% previous. [View news story]
    I just don't believe any of it anymore. A number comes out, it gets adjusted later. At this point no one can possibly believe these numbers reflect reality. How many people have just fallen off the cliff (e.g. no longer looking for work, working part-time, unemployment benefits exhausted, etc)

    These numbers may make some people feel better but they make me uneasy. I feel that the rug that all of the dirt is being swept under has a huge bulge in the center.
    May 3 08:51 AM | 10 Likes Like |Link to Comment
  • Now that Washington looks to have accepted the $85B sequestration, GOP legislators are looking to see where they can apply the scalpel rather than the machete. Programs at risk include one for robotic squirrels that helps researchers understand how squirrels interact with rattlesnakes, and Nasa's research on feeding astronauts on Mars. [View news story]
    Please cite a source for the, "Democrats have offered to reduce some of the sequester’s cuts in exchange for closing tax loopholes." assertion. Thanks.
    Mar 10 10:43 AM | 2 Likes Like |Link to Comment
  • Is It Time To Consider Freeport-McMoRan? [View article]
    I considered it at $31.79
    Feb 14 04:12 PM | Likes Like |Link to Comment
  • OM Group (OMG +9.1%) agrees to sell its advanced materials business for $325M to a JV that includes Freeport McMoRan (FCX); OMG says it also may receive up to an additional $110M based upon certain revenue targets over a three-year period. OMG says the sale is in line with its strategy to shift toward technology-based businesses with attractive growth prospects and more predictable profits. [View news story]
    FCX continues to make very astute moves and is positioning itself very well. I am very happy I backed the truck up at $31.97.
    Jan 22 12:45 PM | 1 Like Like |Link to Comment
  • Going over the fiscal cliff "looks like where we're headed," says Senate Majority Leader Reid. S&P 500 losses accelerate, -0.7%[View news story]
    But we have "diversity" and "equality". That is what is really important. Not mean-spirited things like leadership, accountability and accomplishment.
    Dec 27 11:15 AM | 5 Likes Like |Link to Comment
  • A preliminary review by Michigan has found that Detroit has a "serious financial problem," with reporting problems causing cash-flow projections to significantly oscillate on a monthly basis. The review could lead to the declaration of a fiscal emergency and prompt the appointment of an emergency financial manager. A municipal filing for bankruptcy protection, the biggest in U.S. history, could ultimately ensue. (previous[View news story]
    The city "leaders" in Detroit are already calling for Obama to bail them out ("bring home the bacon") because for no other reason than they voted for him. Obamaphone corruption in America is just beginning.
    Dec 16 09:30 AM | 9 Likes Like |Link to Comment
  • Southern Copper (SCCO +0.6%) is now Citigroup's preferred America's copper exposure and is raised to Buy in tandem with a downgrade of Freeport McMoRan (FCX -4.2%). SCCO operates true Tier 1 copper assets with cheap growth potential and minimal sustaining capex requirements, the firm writes; a near-term risk is that labor contracts in Peru need to be renegotiated in 2013. [View news story]
    This is ridiculous. This is nothing more than Citigroup, Blackrock, etc. throwing a tantrum because they weren't privy or allowed forewarning. This is an excellent longterm move by FCX that increases it's reach and capability.

    All this does is create a fine buying opportunity.
    Dec 6 03:25 PM | Likes Like |Link to Comment
  • A bull on local newspapers, Warren Buffett's Berkshire Hathaway (BRK.B) will close at year's end its 10K-circulation Manassas News & Messenger, which began publishing in 1869. "We didn't see any way to turn it back into a profitable enterprise," says Terry Kroeger, who manages Berkshire's newspaper division. [View news story]
    If you don't mind obsidian, I would like to see some hard evidence regarding the different time frames. Frankly, I don't see much of a difference even if a difference in holding does exist. Its all investment for profit. If a company fails in 3 years versus 7, it still fails.

    I realize the Left's claims go nearly unchallenged these days, but maybe you could indulge my "prejeduce" (sic).
    Nov 15 06:56 AM | 1 Like Like |Link to Comment
  • A bull on local newspapers, Warren Buffett's Berkshire Hathaway (BRK.B) will close at year's end its 10K-circulation Manassas News & Messenger, which began publishing in 1869. "We didn't see any way to turn it back into a profitable enterprise," says Terry Kroeger, who manages Berkshire's newspaper division. [View news story]
    Wouldn't this make Buffet (the liberals' favorite capitalist) akin to that evil Romney and his actions at Bain? I think I need Chris Matthews to explain this to me.
    Nov 14 03:43 PM | 1 Like Like |Link to Comment
COMMENTS STATS
831 Comments
2,015 Likes