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  • Why You Should Look Behind Aflac Headline Earnings Figures [View article]
    Ray,

    I appreciate your great manners in terms of showing restraint when answering some heated remarks that were sent your way regarding this article. Your parents must have raised you well. Much respect.

    In terms of how the share price of Aflac is not affected by the Yen/Dollar price movements - judged over time - I have not done a chart, but I definitely trust you are correct in your assertation.

    What is important now though is the fact that Japan's debt level is much higher than it was 15 - 20 years ago. Japan is on the verge of bankruptcy, the only obstacle of course is their reserve currency status. But, a reserve currency status is only a 'state of mind'. Reserve currency status has no tangible value. It is equivalent to the state of mind of being 'in love' with your partner.

    One day, the world economy, and especially the people in Japan, might stop wanting to invest in the Japanese government. Japan runs constant deficits and eventually governments can't do this forever. If deficits and the level of debt didn't matter, then their would be no need to even keep records of borrowing and spending. The biggest value in any central bank is that it is suppose to be a watchdog over governments and their borrowing and spending habits by creating money, keeping records of that money borrowed, and then requesting that it be paid back. Of course, we all know central banks are a sham, but they are not suppose to be in theory.

    And debts are really just a conversion of how much an entity owes to another, in terms of production. Economies and peoples are wealthy when they have real production of goods and services. Money can hide troubles with production in an economy, but eventually the sun will shine on Japan and they will realize that currency issuance can't take the place of actual production. The government is spending future production if people cant buy much production down the road - when they are 'paid back' on their bonds - they will eventually stop buying the Japanese governments debts.

    The key to watch each month is what percentage of the debt is bought by institutional investors and which percentage is bought by the central banks. But, I suspect even here, the government can manipulate the market by putting pressure on the institutions to do what they (the government) want them to do.

    Uuugghh. The evil that is government. Religious people often talk about the devil and whether he is among us. I always tell that the Devil is among us - he is government.
    Sep 26 04:46 PM | 1 Like Like |Link to Comment
  • Q2 GDP revised higher to 4.6% growth [View news story]
    Technically, demand is willingness and ability to pay, increasing money in circulation will increase demand, but I hope you know what I was attempting to say.

    Thanks.
    Sep 26 04:22 PM | Likes Like |Link to Comment
  • Q2 GDP revised higher to 4.6% growth [View news story]
    'the price level in fact does not move with the quantity of money'.

    Am I understanding your comment correctly? Please clarify if you will.

    If prices don't move with the quantity of money in circulation, does that mean we can give everyone in the U.S.A. and Canada $50,000 in their bank accounts tomorrow and all will be wealthy and prosperous. Because, if prices remained stable in such an environment, we definitely should do that exact thing.

    Exit Question: Why are things more expensive in well-to-do neighbourhoods as opposed to poor neighbourhoods. Is it not demand from wealthy consumers and the relative supply from local businesses?
    Sep 26 04:21 PM | Likes Like |Link to Comment
  • Q2 GDP revised higher to 4.6% growth [View news story]
    Inflation is a rise in the price(s), regardless of demand. I think it has more to do with money in circulation than demand from the world economy, but we can agree to disagree.

    Nonetheless, the price of gasoline has shot up drasitcally and that represents inflation (technically, inflation is economy wide prices, but almost all prices have skyrocketed over the past 20 years).

    The government takes out and readjusts anything that makes the real inflation number not what they want to report. The Bank of Canada Governor even admitted this in a speech a few years back.

    Sep 26 04:17 PM | Likes Like |Link to Comment
  • Q2 GDP revised higher to 4.6% growth [View news story]
    And if you believe that prices are only moving at 2% or less, you aren't very bright at all.

    When I was 16, in the early nineties, a litre of gas was $0.46 cents at the pump (Canada). Now, it is $1.25. That does not represent 2% inflation per year.

    Same for housing, medical expenses, professional fees, and other big expenses.

    Yes, clothing is cheaper. Automobiles are steady in price. But, overall, 2% inflation is B.S.
    Sep 26 01:19 PM | 1 Like Like |Link to Comment
  • Q2 GDP revised higher to 4.6% growth [View news story]
    In GENERAL, prices are determined by goods for sale/money in the economy. Obviously, there are savings, there is the velocity of money, etc.

    But, I shouldn't have to put down a list of 10 qualifiers for every comment on the economy.
    Sep 26 01:16 PM | Likes Like |Link to Comment
  • Q2 GDP revised higher to 4.6% growth [View news story]
    GDP isn't increasing. The government is 'printing', then lieing about the real inflation rate, then adding the inflation back in as 'real' GDP growth. It's a sham!

    If an economy has stagnant production and I increase the money supply by 5%, then tell everyone that inflation is only 2%, I can claim the approximately 3% difference as GDP growth.
    Sep 26 11:57 AM | 1 Like Like |Link to Comment
  • Update: Green Dot Major Developments [View article]
    Very impressive. I love the Walmart alliance.
    Sep 25 08:50 PM | Likes Like |Link to Comment
  • BlackBerry launches Passport; reviewers criticize design [View news story]
    I would not put my phone in tight pants and then sit down. But, I am also someone who washes their hands more than three times per day, so I am abnormal compared to the rest of society.

    Anyways, a phone company that doesn't take into account wear and tear on their phones and how they are used is like a tire company that thinks every driver is going to run their tires at 30 psi and under light driving conditions.
    Sep 25 09:22 AM | Likes Like |Link to Comment
  • BlackBerry launches Passport; reviewers criticize design [View news story]
    Yes! Exactly!

    People are paying near $1000 for an IPhone 6 and it is bending it their pocket!

    Blackberry is great, especially for their security. The company is worth every dollar of market cap.
    Sep 24 11:08 AM | 17 Likes Like |Link to Comment
  • Japan hints at second tax hike [View news story]
    And bears contemplating vacating their bowels in the forest. Decision to follow in the spring.
    Sep 21 10:41 AM | Likes Like |Link to Comment
  • Nobody Goes To McDonald's Anymore: It's Too Crowded [View article]
    I am so jealous. In Canada, my wife and I pay $17 for two burger meals. And the food quality is terrible!

    I once loved the salty fries at McD. Now, approaching 40, the salt is too much for me. The burgers don't even come up to the 'acceptable' level of food in my books. And if I ask for a Dasani that isn't refrigerated (cold) instead of a sugary pop, the people behind the counter look at me as though I am speaking a language other than English.

    You know, in Canada, it gets to minus 20 degrees Celcius in the winter time. If McD serves coffee in the winter because people want to warm up, is it so hard to believe that I don't want cold water with my meal?

    I would still invest in MCD though. Good company from investment standpoint. Just hate eating there.
    Sep 20 09:45 PM | Likes Like |Link to Comment
  • Aflac's Teresa White Earns Women in Insurance Leadership Award [View article]
    Who f'n cares about some stupid Women's award?

    Make me money and pay me dividends. Make my stock go up in price. That's all I care about.
    Sep 17 11:27 AM | Likes Like |Link to Comment
  • Nobody Goes To McDonald's Anymore: It's Too Crowded [View article]
    Are you sure that, on average, MCD's only does 2.5 million per unit?

    Seems small based upon my expectations.
    Sep 16 11:27 AM | Likes Like |Link to Comment
  • Big bet on Neighborhood Market by Wal-Mart [View news story]
    Walmart hires many people that other companies wouldn't employ. Yes, some Walmart employees aren't 'the best', but they obviously are competent enough to help Walmart retain the number one spot in retailing.

    Target seems to hire more 'normal' employees, similar to what the general market would be interested in, but Target is a poorly performing company.

    The CEO, in many organizations, is only marginally more talented than the average stock repacker at Walmart.

    This notion that a CEO is special and deserves a multi-million dollar compensation package due to supply-and-demand; while the average stock repacker supposedly has no skill and deserves only minimum wage, is ridiculous.

    By the way, Walmart regularly promotes from the lower ranks, all the way through to the top position. Just goes to show you that many people in an organization can eventually perform the duties of the average CEO.

    Executives deciding other executives compensation packages isn't right. Just as secretaries deciding other secretaries pay packages wouldn't work either.

    The people at the top are hoarding; the people at the bottom are getting stepped on.

    At least lets show some respect for the people who do alot, but get paid next to nothing in comparison to the executives of most companies.
    Sep 12 03:21 PM | 1 Like Like |Link to Comment
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