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Buddy Canuspare

Buddy Canuspare
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  • "If capitalism is America’s biggest problem, why save it?" asks MarketWatch's Paul Farrell. "Wall Street, Corporate America, Big Oil and the entire economy been transformed into a bizarre circus Adam Smith would never recognize. Capitalism is now an out-of-control Frankenstein monster that changed everything." Not that Farrell provides any alternatives. [View news story]
    Alann9
    Now transfer it to Germany or Canada - two avowedly socialist nations - and it no longer applies. Why not?
    Feb 24 08:09 PM | Likes Like |Link to Comment
  • Having Vanquished Fear, The Market Is Now Ready For Optimism [View article]
    "...the future has turned out not to be as bad as the market had feared." You can't say that on SA!
    Bull moves are eternally dead cat bounces. That cat may bounce pretty high and stay in the air for years, if not decades, but it's still a dead cat - except for gold, which has no downside, ever.
    Feb 19 08:21 PM | 3 Likes Like |Link to Comment
  • Home borrowers continue to"cash in" rather than "cash out" when refinancing, according to Freddie Mac, which says just $8B was pulled of equity in Q4 (the prints back in the day used to near $100B). 84% of homeowners either maintained the same loan balance or brought money to the closing table, roughly the same as a year earlier. [View news story]
    But how can this be, if the average American is too broke to pay attention? Now who's lying to me?
    Feb 4 08:31 PM | 1 Like Like |Link to Comment
  • Does Anyone Really Understand What Is Going On With Employment? [View article]
    I plan to keep going until at least 70, if my employer won't just dump me.
    Jan 13 03:38 PM | Likes Like |Link to Comment
  • Does Anyone Really Understand What Is Going On With Employment? [View article]
    Is it in the interest of said employers to have that light shined upon them?
    Jan 13 03:37 PM | Likes Like |Link to Comment
  • Does Anyone Really Understand What Is Going On With Employment? [View article]
    BruceInKY:
    Once again - so why take them?
    Jan 13 03:35 PM | 1 Like Like |Link to Comment
  • Does Anyone Really Understand What Is Going On With Employment? [View article]
    So, how exactly do we set up a world with fewer Ferdinand Pieches(president of Volkswagen AG and thus a product of a socialist system) and more Bernie Madoffs?
    Jan 12 08:27 PM | Likes Like |Link to Comment
  • Does Anyone Really Understand What Is Going On With Employment? [View article]
    ryanclarke, meet Archman Investor. Archman Investor, meet ryanclarke. Maybe between the two of you, you can figure out how to get these folks
    "Real unemployment of over 10% in this country (which is the real number) is here to stay unless we curb these excessive entitlement benefits and 10,000 weeks of unemployment insurance we continue to hand out. Plus with over 80 different welfare programs now its a no wonder people are not "motivated" to find a job."
    to take these jobs:
    "most jobs that have been created in the past twenty years in the USA are in the RETAIL, SERVICES, and MEDICAL industry. Most of these jobs don't pay worth a damn ... as cashiers, cooks, and medical assistants might make $20,000 a year if they are willing to work over 40 hours a week."
    Jan 12 08:08 PM | 1 Like Like |Link to Comment
  • It's France, not Greece, Spain, or Italy, that may be the "sick man" threatening the health of the EU, suggests Wilbur Ross. Uncompetitive to begin with, France will reel further thanks to President Hollande. Among them is the repeal of Sarkozy's elimination of taxes on overtime income. "France ... has a 35-hour workweek, which is crazy in today's world," says Ross. [View news story]
    Didn't the WTO step in and force Airbus to refund those subsidies which, as I remember, were said to be no larger than those the US taxpayers gave Boeing?
    Dec 31 07:49 PM | Likes Like |Link to Comment
  • It's France, not Greece, Spain, or Italy, that may be the "sick man" threatening the health of the EU, suggests Wilbur Ross. Uncompetitive to begin with, France will reel further thanks to President Hollande. Among them is the repeal of Sarkozy's elimination of taxes on overtime income. "France ... has a 35-hour workweek, which is crazy in today's world," says Ross. [View news story]
    I wonder if Boeing realizes that Airbus, based in France, is "sick."
    Dec 28 11:34 AM | Likes Like |Link to Comment
  • Forty-five states and D.C. recorded unemployment rate decreases and five states had no change in November, the BLS reports. Nevada continued to post the highest rate at 10.8%, followed by Rhode Island at 10.4%; North Dakota was lowest at 3.1%. Michigan and Ohio have seen the most improvement vs. maximum rates, while New Jersey and Connecticut are laggards. [View news story]
    Berbno1,
    Think companies crying about a lack of skills in the workplace would be willing to take on a few more oldsters for a few more years? I've seen no evidence that they're interested.
    Dec 22 03:31 PM | Likes Like |Link to Comment
  • Forty-five states and D.C. recorded unemployment rate decreases and five states had no change in November, the BLS reports. Nevada continued to post the highest rate at 10.8%, followed by Rhode Island at 10.4%; North Dakota was lowest at 3.1%. Michigan and Ohio have seen the most improvement vs. maximum rates, while New Jersey and Connecticut are laggards. [View news story]
    True enough, but how do you propose to bring them off the sidelines and back into the workforce?
    Dec 21 05:23 PM | Likes Like |Link to Comment
  • U.S. Taxes: Who Makes And Who Pays - More Than The Rich Will Have To Pay More [View article]
    hjtheuns:
    I wonder if there are any Canadians in this thread who would care to comment on whether or not it's possible to have a prosperous welfare state. Canada seems pretty economically healthy by comparison at the moment.
    Dec 9 05:41 PM | 1 Like Like |Link to Comment
  • General Motors (GM -2.7%) sees a breakthrough coming in the use of magnesium in automobiles after its engineers find a way to expand the use of the metal to new parts of vehicles. The company notes magnesium is 75% lighter than steel and has a 33% advantage over aluminum which could help the automaker improve gas mileage. Licensing options for GM's patented process to prepare the metal for automobile production could bring in extra revenue down the line. [View news story]
    Still, the better the revenue stream, the higher price the stock will draw when it's eventually sold, and the more taxpayer money is returned.
    Oct 24 09:18 PM | Likes Like |Link to Comment
  • General Motors (GM -2.7%) sees a breakthrough coming in the use of magnesium in automobiles after its engineers find a way to expand the use of the metal to new parts of vehicles. The company notes magnesium is 75% lighter than steel and has a 33% advantage over aluminum which could help the automaker improve gas mileage. Licensing options for GM's patented process to prepare the metal for automobile production could bring in extra revenue down the line. [View news story]
    "Licensing options for GM's patented process to prepare the metal for automobile production could bring in extra revenue down the line."
    That's revenue that can be returned to you, Mr. Tax Payer. If the patents are licensed to other US manufacturers for free, the revenue stream to you, Mr. Tax Payer, would be reduced. Is that really what you want?
    Oct 23 08:07 PM | Likes Like |Link to Comment
COMMENTS STATS
398 Comments
320 Likes