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DubyaT

DubyaT
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  • S&P lowers its sovereign credit rating for the U.S. from AAA to AA+. "The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics."  [View news story]
    Dude I watched Fox today too. It went golf, BBQ, praising Allah then hip-hop
    Aug 5 09:41 PM | 9 Likes Like |Link to Comment
  • S&P lowers its sovereign credit rating for the U.S. from AAA to AA+. "The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics."  [View news story]
    The "grandest deal in all the land" was supposed to get close but the Tea Partiers didn't like it because it might get a black guy re-elected to the White House.
    Aug 5 09:40 PM | 4 Likes Like |Link to Comment
  • S&P lowers its sovereign credit rating for the U.S. from AAA to AA+. "The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics."  [View news story]
    Cut morr tackses.
    Aug 5 09:31 PM | Likes Like |Link to Comment
  • Yale law prof Jack Balkin says the statutory limit on paper currency does not apply to coinage, where a little-known rule gives the Treasury Sec. the authority to issue platinum coins in any denomination. What's to stop Mr. Geithner from creating 2 $1T coins, depositing them in Treasury's account at the Fed, and writing checks against them?  [View news story]
    Get a grip Jerry, that may have been opium tea. I think your obsession with Ms. Jarrett may be a little out of hand. Seems to be the difficulty with the tea party caucus, they only know how to express rage at Obama. So you can't pass a bill, no biggie. I think the failed experiment may have been the tea party.
    Jul 29 02:54 PM | 1 Like Like |Link to Comment
  • A sharply-worded commentary from China's state news agency scolds U.S. lawmakers for putting the world economy in jeopardy and calls on them to "show some sense of global responsibility," highlighting rising concerns in America's biggest creditor nation over a possible default or downgrade of U.S. debt.  [View news story]
    Yeah only liberals have been lifting money from the till. The GOP has been as fiscally responsible now as they have been over the last few decades. Get a grip...
    Jul 29 02:40 PM | Likes Like |Link to Comment
  • Failure on a debt ceiling deal would be an "act of collective insanity," Citigroup says, which would "severely" damage the U.S. role as an international financial power and provider of the world’s reserve currency. It sees a U.S. downgrade "likely" due to wide political divisions preventing meaningful agreement on addressing long-term U.S. debts any time soon.  [View news story]
    Glad you guy's all found religion on the debt situation. When it was $8Trillion, you guy's we're just watching Operation Iraqi Freedom on you're flat screen and eating raisinets.
    Jul 29 11:45 AM | 2 Likes Like |Link to Comment
  • What Investors Should Know About Apple but Often Don't [View article]
    This is some real, cutting edge information....PSYCHE!
    Jul 27 01:56 PM | 1 Like Like |Link to Comment
  • Apple (AAPL -0.1%) may lose its court bid to stop Amazon (AMZN -1.4%) from using the term "Appstore" for a service selling programs for Android devices, if the judge's comments at yesterday's hearing offer any clues. She reportedly said Apple faces a "stumbling block" in proving any confusion among consumers.  [View news story]
    Hey Jobsie, instead of using the cash hoarde to fight lawsuits in which the crux of the opposition's case is your own words, how 'bout a paltry dividend?
    Jun 23 10:41 AM | 2 Likes Like |Link to Comment
  • Phone industry blogger Boy Genius Report cites an insider that says Microsoft (MSFT -1.4%) has a $19B deal to buy Nokia's (NOK) mobile business, giving a lift to Nokia's sinking stock - an outcome Dave Kansas finds terribly convenient, and not a little fishy. NOK was back to flat, now -4.6% again.  [View news story]
    This would be another foreign acquisition that would enable MSFT to utilize their cash hoarde without having to repatriate it and thus be taxed. They may not need to purchase Nokia but may do so for the above reason and so no one else does.
    Jun 1 12:11 PM | Likes Like |Link to Comment
  • Higher gasoline prices shouldn’t be so bad, James Surowiecki seems to say: “Gas is a relatively small percentage of most household budgets, and prices are now about $0.85/gallon higher than they were 12 months ago, which translates into a few hundred dollars more a year... It’s less than the increase in income that most Americans will get this year as a result of the new payroll tax cut.”  [View news story]
    Hey, I can't eat an iPad!...this my canned response to anyone trying to calm me down about anything these days.
    Apr 12 05:47 PM | 9 Likes Like |Link to Comment
  • The skirmish between Viacom (VIA.B) and Time Warner Cable (TWC) - over the latter's app that streams live TV to iPads (AAPL) - is coming to a head with sides lawyering up. The fight's at "ridiculous new levels each week," Will Richmond says, and it means that greed's a bigger threat to cable than customers cutting cords.  [View news story]
    It's squirmish, duh!
    Apr 8 02:29 PM | Likes Like |Link to Comment
  • Americans are failing to recognize the resilience of the U.S. economy, says Tony Tan Keng Yam, director of Singapore's sovereign wealth fund. He expects the U.S. economy to grow "above trend" at a rate of 4%-4.5% this year, and believes that the risk of inflation is very low because of slack in the economy.  [View news story]
    Exxxxactly...Pshaw! All bullish individuals are just waiting to dump their shares once they make back their scottrade comission. Once his balance hits 6,000,000,007.50, he'll change his tune.
    Mar 7 02:40 PM | 2 Likes Like |Link to Comment
  • Despite Obama's healing rhetoric, Paul Krugman believes the U.S. is "a deeply divided nation and [is] likely to remain one for a long time." There's "no middle ground" between one side that believes society's winners should be taxed to pay for a social safety net and the other that thinks people should keep more of what they earn. It's "a fundamental disagreement about the proper role of government."  [View news story]
    I blame redistricting by both parties. We have all of these very blue or very red districts where inflammatory rhetoric is the best way to appeal as a candidate.
    Jan 14 10:18 AM | 2 Likes Like |Link to Comment
  • Department of Labor Gaming Its Unemployment Figures? [View article]
    Putting a question mark at the end of headlines is spineless. Show some backbone and put a period, hack. Denninger Steals Money from Little Old Ladies?....see what I did there?
    Dec 30 11:27 AM | 6 Likes Like |Link to Comment
  • Paul Krugman believes the Chinese and German governments, and the Republican Party act purely in their self-interest in trying to "bully" the Fed into calling off QE2. "China and Germany want America to stay uncompetitive," he writes, while "Republicans want the economy to stay weak as long as there’s a Democrat in the White House."  [View news story]
    Wouldn't he be adhering to Keynesian policy of running small surplusses when the economy is good?
    Nov 23 09:48 AM | Likes Like |Link to Comment
COMMENTS STATS
42 Comments
68 Likes