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wes4rocknroll

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  • McDonald's (MCD) lackluster February sales report is a fresh sign the real economy where people eat fast food and earn less than $24/hour is still sluggish, despite the upbeat jobs report and a soaring Dow. While the numbers exceeded Wall Street expectations, sales at MickeyD's U.S. restaurants open at least a year were flat, suggesting MCD - and a big chunk of the economy - are stuck in neutral. [View news story]
    "rlp2451"
    You read my mind.
    Mar 9 10:08 AM | 1 Like Like |Link to Comment
  • The U.S. economy is ready to take off, says BlackRock's Larry Fink, and a push by U.S. banks to make new loans should help lead the way. "Aggressively” stepping up lending, he said, would spur hiring by businesses which would bolster economic growth. Capitalization is not the issue here. "Our banks are the best capitalized institutions in the world," Fink says. "The problem for banks going forward is making sure they originate enough loans." Which, in turn, is also the solution for sparking economic growth. (Video). [View news story]
    "The problem for banks going forward is making sure they originate enough loans."

    I bet that's the exact same thing the banks thought when they sold all those mortgages to people that didn't deserve them.
    Mar 8 09:36 PM | 1 Like Like |Link to Comment
  • The House will vote on the unamended Senate bill at 9 PM ET, reports CNN's Dana Bash. Any attempt to alter the bill by adding spending cuts has reportedly been abandoned for now. Update at 9:10: The vote has been pushed back to 11 PM ET. [View news story]
    There is a part of me that still wishes I was brainwashed into being a member of one of these parties. Things were much easier then. I'm shocked at how many people are so proud that they're a member to either of these parties.
    Jan 2 03:37 AM | Likes Like |Link to Comment
  • The House will vote on the unamended Senate bill at 9 PM ET, reports CNN's Dana Bash. Any attempt to alter the bill by adding spending cuts has reportedly been abandoned for now. Update at 9:10: The vote has been pushed back to 11 PM ET. [View news story]
    I agree.
    The republicans have lost track of what its like to stand united as a brainwashed party. They should model the democrats because they stand united and brainwashed. This country has no hope because of these two power hungry groups.
    Jan 2 03:37 AM | Likes Like |Link to Comment
  • Decoding Amazon.com [View article]
    (Not saying you're wrong) but who are those stronger, more profitable, players?
    Dec 30 04:14 PM | Likes Like |Link to Comment
  • A pair of right-to-work bills are officially passed in Michigan to set the stage for new employees at General Motors (GM +0.3%), Ford (F -0.1%), and Chrysler (FIATY.PK) to skip around union fees. While labor groups are still making quite a bit of noise on the issue, the Big Three have been deathly quiet[View news story]
    Dana:
    I have to disagree because there are ton's of places to work in this country that don't have unions and still have worker's rights. I work for a company that doesn't have a union, I have rights and I feel like the company values me.

    To the big 3:
    If you ever get tired of dealing with all these unions, just come to my state, I know hundreds of people that would love to work for your company and those hundreds of people don't feel entitled enough to start a union.
    Dec 12 03:28 AM | 2 Likes Like |Link to Comment
  • How Much Profit Will Amazon Eventually Make? [View article]
    I don't believe that will happen, not yet anyway. Amazon's sales were 12% above their expectations on Black Friday alone. On cyber monday they were 42% above what they expected so even if the bar was set low, being 42% above is pretty impressive. Since we all agree that the slightest good news for Amazon usually sends the price through the roof, what do you think is going to happen when they post those kinds of numbers on their quarterly reports? Not saying the stock can't go down, but this time, it's up.
    Dec 2 07:11 PM | Likes Like |Link to Comment
  • U.S. kids again want iPads for Christmas ... and so do a lot of their parents. A Nielsen survey found 48% of kids aged 6-12 and 21% of kids aged 13+ are interested in buying an iPad (AAPL) over the next 6 months. That's similar to last year's numbers. Meanwhile, an Ipsos poll found 1/3 of U.S. consumers to be interested in buying a tablet this holiday season. 25% of them want a regular iPad, 15% want a Kindle Fire, another 15% a Samsung tablet, and just 8% an iPad Mini. NPD's Richard Shim estimates Q4 North American tablet shipments will total 21.5M, easily outpacing notebook shipments of 14.6M. [View news story]
    Only in America do we give thanks for the things we have, and then the next day go buy stuff we don't need.
    Nov 22 09:27 AM | 2 Likes Like |Link to Comment
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