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  • Oil Prices Will Now Test The OPEC Put  [View article]
    Oil is a trade. It's price has nothing to do with supply and demand by end-users of the oil. Oil demand hasn't dropped 75% as the price would indicate. Or looking at it another way, the supply of oil has risen so much that the price drop would be 'warranted'.

    It's just traders creating 'liquidity' or artificial demand for something that they have no intention of using.

    If automobiles were traded on an open stock market and I could buy and sell a Cadillac in seconds to someone else who wanted to trade it to another person, then autos and Cadillacs would rise in price.

    Don't believe me? Look at simulation games that have real money put into them. People make money - in real dollars - simply by participating in a simulated game that isn't real at all.
    Jan 29, 2016. 01:05 PM | 5 Likes Like |Link to Comment
  • New iPhone 6s hits stores Friday  [View news story]
    My friend bought me an IPhone 6s as a Christmas gift. I had it for one day and cracked the glass at front of the phone. At least 1/3 of the IPhone users I meet also have cracked glass at the front of their phones.

    My $90 Huawei phone is rock solid, almost bullet proof.

    Iphone sucks! I will get my Iphone fixed and give it back to my friend who bought it for me as a new phone to her.
    Jan 1, 2016. 02:02 PM | Likes Like |Link to Comment
  • Margin worries hang over the apparel store sector  [View news story]
    It amazes me that the $ continues to be strong. Why do you think the U.S. dollar is still the go-to currency? I am always perplexed by this.
    Nov 6, 2015. 09:49 PM | Likes Like |Link to Comment
  • Hillary Clinton tweet sends Corrections Corp. lower  [View news story]
    For profit companies supply all the food that Americans consume. What is more essential than food distribution?
    Oct 31, 2015. 07:46 PM | 3 Likes Like |Link to Comment
  • Q2 GDP growth revised higher to 3.9%  [View news story]
    How could the economy be booming if the Fed is running a 400 - 600 Billion dollar deficit, not including the government's unaccounted for black budget spending?
    Oct 17, 2015. 08:11 PM | Likes Like |Link to Comment
  • Is The 4% Rule Becoming The 2% Rule?  [View article]
    Government doesn't create jobs. Government prevents job creation because government uses force, which in turn, creates mal-investment.
    Oct 8, 2015. 02:21 PM | 6 Likes Like |Link to Comment
  • ConAgra moving to Chicago, sets big job cuts  [View news story]
    More political play - political power and money - in Chicago. More chances to make deals with the devil.
    Oct 1, 2015. 02:45 PM | Likes Like |Link to Comment
  • Reports: Walmart set to axe hundreds of HQ jobs  [View news story]
    Walmart is expanding is order-online-pickup-in... grocery program.

    So now, Americans can move even less and still get the food they crave. Americans don't even have to enter the store and walk around to buy their food. Someone will do it for them.

    Obesity? How is it happening?
    Oct 1, 2015. 10:24 AM | Likes Like |Link to Comment
  • Kroger: Do You Prefer Share Repurchases Or More Dividends?  [View article]
    Dividends. I want to continue to own. If share repurchases increase, EPS increases and the stock will get bid upward in the market, but I can only benefit if I sell it at that time.
    Sep 30, 2015. 01:20 PM | 1 Like Like |Link to Comment
  • New iPhone 6s hits stores Friday  [View news story]
    If deficit spending stimulated economies, then in years ahead, there would be no more need for deficit spending, right?

    If we spend to stimulate in year 1 and 2, then year 3 - 8 should have economic booms and surpluses. But, deficits are constant, so obviously deficit spending doesn't stimulate.
    Sep 25, 2015. 10:37 PM | 2 Likes Like |Link to Comment
  • Q2 GDP growth revised higher to 3.9%  [View news story]
    GDP claims are lies.

    The government expands the money supply faster that the economy produces goods and services year-over-year.

    The government creates 4% inflation, lies about this and tells us inflation is about 1%. They then claim the difference (3%) is GDP growth.

    It's all a scam.

    It is amazing that so many people believe what the government tells them.

    Remember, the U.S. government told us they couldn't respond to the attack on the consulate in Benghazi because they didn't have military assets that could get there in time. Yet, I can get on a commercial airline and fly from Toronto to Tokyo in 12 hours. The U.S. government had 17 hours to respond to Benghazi.
    Sep 25, 2015. 03:43 PM | 2 Likes Like |Link to Comment
  • New iPhone 6s hits stores Friday  [View news story]
    If smartphones and degrees for everyone are so beneficial for society, why are we in such great debt?

    Why hasn't GDP outpaced deficits and debt spending?
    Sep 25, 2015. 12:43 PM | 2 Likes Like |Link to Comment
  • On eve of iPhone launch, Sprint offers $1/month plan  [View news story]
    Our economy is shrinking, debt is piling up, post-secondary is a massive market leading pit-hole, but save us all because as long as we acquire the next 'must-have' smartphone, all in the world will be fine.

    A generation addicted to their phones, but still unproductive as ever.

    By the way, if smartphones are so valuable and allow us to do more, why hasn't our economy taken off after their introduction into our lives?
    Sep 24, 2015. 04:12 PM | 5 Likes Like |Link to Comment
  • Volkswagen to discuss new management on Friday  [View news story]
    When the government lies, where is the punishment?

    So what if VW cars pollute a little more than claimed.
    Sep 24, 2015. 11:46 AM | 1 Like Like |Link to Comment
  • August CPI in-line with estimates  [View news story]
    From the Bank of Canada on how they measure inflation:

    'Now, let me talk about our core measures in detail. Measures of core inflation are usually calculated in one of two ways. The "exclusion method" is the most straightforward and, as the name suggests, involves excluding the prices of those goods and services that typically display more than a predetermined amount of variability. The "reweighting method," in contrast, doesn't exclude the prices of any goods and services. Instead, it assigns a weight to each component that is inversely related to its volatility. In other words, more volatile price series are given a lower weight.'

    Read it again and understand what they are saying:

    I will translate for you. With the reweighting method, they give less importance to goods and services that have large increases in prices. Then of course, inflation will be stated as lower than it actually is.

    With the exclusion method, they claim to exclude goods and services that rise more than a PREDETERMINED number that is considered acceptable. So, if something rises in price too fast, they will exclude it. Fucking hilarious.

    I don't consider price decreases in the above methods even though the government mentions that possibility because very few things, over time, go down in price, especially with a central bank that increases the money every year.
    Sep 16, 2015. 11:23 AM | 2 Likes Like |Link to Comment