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  • Wall Street Breakfast: Alibaba Becomes Largest U.S. IPO In History [View article]
    BABA BOOM! VROOM VROOM VROOM!!!
    Sep 19 12:07 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Alibaba Becomes Largest U.S. IPO In History [View article]
    Likely the high NO vote amongst the elderly is that they were scared into believing their pensions would be affected. So clearly another rigged vote to deprive the young of their rights.
    Sep 19 10:40 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Alibaba Becomes Largest U.S. IPO In History [View article]
    MSFT has plenty of fat to trim and they will likely be generous with their buyouts since they have the cash. That should work out to be fairly positive for shareholders.

    As to Alibaba, Cramer was all on it so I think it will pop nicely today and like settle in the mid 80s.
    Sep 19 07:48 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Amazon Introduces New Kindle Lineup [View article]
    Pathfinder, I keep hear that to that supposedly Scotland is the welfare state. However the statistics say that with just 8% of the population they provide 9% of the GDP, so from an economic perspective they are the ones supporting the UK not the other way around.
    Sep 18 12:50 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Amazon Introduces New Kindle Lineup [View article]
    Bob, I think your desire to make Iraq into a competent army and delusion that the Shia will be able to drive the Sunni from western Iraq is well, simply put, delusional.

    There is no way the Iraqi military will drive ISIS out of Iraq, period. So far we are lucky that they have been able to slow them down. That is about it and that is with air support.

    Who has made some progress are the Kurds but as we heard yesterday the Kurds in Syria lost over a dozen kurdish villages in the mean time. So they also may not be capable of doing much more than taking a few pieces of ground we can drive ISIS out of with airpower, like a dam.
    Sep 18 12:42 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Amazon Introduces New Kindle Lineup [View article]
    Killer they are not stealing it, they are simply giving it to those needy rich people. I mean Moscow is now #2 when it comes to billionaires, they are catching up to New York and we can't let that happen.
    Sep 18 08:57 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Amazon Introduces New Kindle Lineup [View article]
    DC, the age old advice that you should buy a used car instead of a new car has been effectively negated believe it or not. In the past buying a 2-3 year old used car that would last another 7-8 years (12-13 if you took care of it) made sense because the car had devalued by half and the cost of operation over the life of the vehicle made the finances work to your advantage.

    A few things have happened since then:
    1) interest rates on new cars are very low and tend to be lower than used,
    2) used car values have increased and thus the resale value of those 2-3 year old cars has increased significantly,
    3) cars are more reliable (while this hasn't affected the scrapage age much it has made cars drivable 14-15 years even without that TLC).
    4) Fuel economy on a car is improving significantly even on a Y-Y basis and of course fuel has become much more expensive

    So 1st instead of 50% off you now only get 33% off and you pay more to finance the used car so the cost benefit is even less. Then there is the issue of maintenance which you have on your used car but you don't on those first few years of owning a new car. Throw in the 10% better fuel economy and those cost advantages you used to have continue to dwindle. Then finally factor in that you do not have the latest safety technology which means driving older vehicles increases your chance of dieing in a car accident.

    So in the end the savings are no longer as great as they used to be, the cost of fuel and constant maintenance mitigates that some more and in the end you are driving in a less safe car.

    Indeed it might make sense to drive a car now for only half of its life as the 2nd half, after it is all paid off, isn't nearly as cost advantageous as it used to be.
    Sep 18 08:55 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Amazon Introduces New Kindle Lineup [View article]
    My prediction is that the Iraqi army will not be able to drive ISIS from Iraq and that Jordan likely will be the next domino to fall in the middle east. Bombing ISIS will simply strengthen them, Hamas, Hezbollah and Israel have made that abundantly clear.
    Sep 18 07:31 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Amazon Introduces New Kindle Lineup [View article]
    There is fighting between the various rebel factions but ISIS hasn't beaten them all. They all still exist. The main reason ISIS is doing so well is because it is better funded and knows how to run its operation very well. So well that now they are even self funded. That makes them very dangerous.

    As to the power struggle you talk about, you are correct. That is the reason we should just have ignored ISIS and simply made sure the Kurds (our only real friends in Iraq) were capable of defending themselves. Nope, instead we got our commander-in-chief directing an air campaign in the middle east so that we can inflame already very heated anti american sentiment enough to get ourselves attacked, well most likely Europe.
    Sep 18 07:28 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Amazon Introduces New Kindle Lineup [View article]
    BG, we should have armed them years ago. Whomever advised the president not to needs to be fired because the end result of the analysis that the weapons might fall into the hands of extremists is that extremists have been massively armed anyway by taking US weapons away from the Iraqi army. So in a way they were right, if you arm people in the middle east the weapons will eventually fall into the hands of extremists. Unfortunately, in the meantime, we missed a chance to end the civil war in Syria quickly and have been at least somewhat responsible for getting over 200,000 people killed, the vast majority of which were civilians.

    In war there are often only bad choices. You can make the choice to take the hill but it will cost you lives, there is no win win choice where you can take the heavily defended hill and no one gets hurt. Sometimes these things have to get done so you can make a good movie like Hamburger Hill.
    Sep 18 07:27 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Sony Warns Of $2.2B Net Loss [View article]
    wizj, the popular vote win is also suspect because Hillary was running unopposed in New York. She pulled a huge turnout to vote for her while virtually no Republicans voted because they had nothing to vote for. Once you neutralize for that Bush would have won the popular vote to.
    Sep 17 09:41 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Sony Warns Of $2.2B Net Loss [View article]
    It wasn't so much his apologies as the intervention in Libya. I think when historians look back at this they will have to come to the conclusion that the intervention by the west in Libya unleashed this Pandora's box.
    Sep 17 02:00 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Sony Warns Of $2.2B Net Loss [View article]
    Interesting offer. Someone is offering $30M for evidence as to who shot down flight MH-17, with what and on whose orders:

    http://yhoo.it/1s6KuTO

    It would be very interesting to find out who really did it. I still don't rule out that it was the same people as behind the snipers in Kiev.
    Sep 17 12:31 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Sony Warns Of $2.2B Net Loss [View article]
    Bob, there was no flaming pile in the middle east when Obama took office. Then he went to the middle east to give a speech. What followed went something like Tunesia, Egypt, Libya, Syria and now Iraq again.

    So Bush made peace in the middle east and Obama undid it all again, it is that plain and simple.
    Sep 17 12:30 PM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Sony Warns Of $2.2B Net Loss [View article]
    Bob, you have to forgive a64, compared to the slaughtering liberal Obama has caused in the middle east one can make the mistake of thinking Bush, Cheney and the neocons are even left of Obama. Numbers don't lie.

    Now why didn't anyone review to what happened to such terrorist organizations like Hamas or Hezbollah when Israel bombed the living crap out of them? Oh that's right, they just became even more popular in the Middle East.

    So all we will accomplish here is inflaming terrorism against the west in the middle east. If that is our objective, I think we can accomplish that with 99.9% certainty.
    Sep 17 11:10 AM | 2 Likes Like |Link to Comment
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