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  • Wall Street Breakfast: Must-Know News [View article]
    jack
    .........................
    Aug 7 10:27 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    jack
    he is doing a pretty piss poor job.
    Aug 7 10:26 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    jack
    Lets start with the Kennedy family.
    I am sure you wouldn't like that.
    Aug 7 10:24 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Further to this story----

    I just saw on CNBC that a school district in San Diego already sold these bonds in 2011.

    They borrowed $105 million with no interest or principal payments for 20 years. Starting in 20 years they will be paying $50 million a year in interest and principal with the total payout to the local taxpayers (homeowners) approaching, now get this, ONE BILLION DOLLARS.
    The story didn't say who underwrote or bought this junk.

    The town has 30,000 people in it so one can only imagine the world of hurt starting in 20 years.

    You can't make this s**t up.
    Aug 7 03:06 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Rich
    There is a big difference today.
    The Irish, Italian, et al immigrants were NOT given handouts when they arrived in the US.
    They were given the opportunity to make the best for themselves and their families that they could.
    There were no food stamps, welfare payments, free phones, etc.
    They made it the old fashioned way, they EAAArned it.
    Aug 7 12:32 PM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    boxed
    A thought occurred to me.
    Can you imagine the liberal outcry if S & P, Moody's etc, DON'T rate this garbage AAA? There will be congressional hearings.
    Aug 7 12:25 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Re California.
    There is absolutely no risk to future generations as there is no intention of paying them off in the future.
    .
    Any fool who buys these bonds thinking that they will ever ever be repaid deserves to lose their money.

    But wait, wanna bet that some government funded entity, like CALPERS or the good old FED, buys them.

    Just like jack's good old dems do.
    Aug 7 08:26 AM | 9 Likes Like |Link to Comment
  • According to an economic barometer called the Money Market Index, the recent rally in the Dow over the past three trading sessions has been "totally irrational," says the index's chief researcher Dan Geller. The rally, mostly due to the release of Friday's monthly jobs report, shows that the enthusiasm has been mispaced due to the simple fact that a large portion of the 163K new jobs reported are only temporary, and likely to vanish soon. The move "has no economic merit," Geller insists.  [View news story]
    The market has been "totally irrational," for a long time.
    Aug 6 08:05 PM | 12 Likes Like |Link to Comment
  • It's not just Sharp (SHCAY.PK) that's feeling the pain caused by a weak TV market: Sony (SNE), Samsung (SSNLF.PK), Panasonic (PC), and LG have all significantly lowered their 2012 sales targets. Sony's target has dropped by 4M to 15.5M, and Samsung's by 10M to 40M. The ripple effects are already being felt by everyone from panel makers (AUO, LPL) to component suppliers (GLW, NXPI, STM) to retailers (HGG, BBY, CONN).  [View news story]
    Shocking as I thought the economies around the world are doing so good.
    Aug 6 02:08 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    ""The tensions that have accompanied the eurozone in the past years are already showing signs of a psychological dissolution of Europe,""

    Imagine that. People get testy when the EU legally steals their money to give it to others in a "bail out". I can't understand why.
    Can't we all just get along and do as the bureaucrats want?
    Aug 6 10:59 AM | 4 Likes Like |Link to Comment
  • Might iPhones one day be manufactured in the U.S.? If someone 30 years ago told you Japanese auto manufacturers would now have such a large production footprint here, would you have believed them? "The U.S. has a long history of demanding that companies build here if they want to sell here," says a former Reagan official who helped start the process of Japan moving to the States. "If Apple or Congress wanted to make the valuable parts of the iPhone in America, it wouldn't be hard."  [View news story]
    d-v
    "but those people can still add a lot of value and shouldn't be hung out to dry in downturns."

    And just what exactly do you mean by this statement?
    Aug 5 04:41 PM | Likes Like |Link to Comment
  • Might iPhones one day be manufactured in the U.S.? If someone 30 years ago told you Japanese auto manufacturers would now have such a large production footprint here, would you have believed them? "The U.S. has a long history of demanding that companies build here if they want to sell here," says a former Reagan official who helped start the process of Japan moving to the States. "If Apple or Congress wanted to make the valuable parts of the iPhone in America, it wouldn't be hard."  [View news story]
    It is a wee bit cheaper to ship IPhones around the world than cars.
    Aug 5 10:07 AM | 1 Like Like |Link to Comment
  • Focused on what ECB action may be on sovereign debt, markets are underpricing the chance the central bank steps into corporate bonds, opine two Goldman strategists. Measures could include direct purchases of corporate paper or a "funding for lending" scheme (a la the BOE). The moves would allow the ECB to provide market support without violating its mandate against financing of governments.  [View news story]
    "provide market support without violating its mandate against financing of governments"

    What a crock of bull. Why else would they do this if not to support the "financing of governments" ?

    The habitual lying of politicians worldwide knows no depths.
    Aug 4 04:42 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    James
    Further to the $13/Hr job, the guy made a big mistake in not talking to the people actually doing the hiring as the HR people have no final say in who gets hired and he might of gotten the decision maker to possibly raise the salary level of the job.
    Aug 3 09:00 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    James
    Perhaps the company doesn't need Superman and a Jimmy Olsen will do just fine for the job they have open.
    Aug 3 08:56 AM | 2 Likes Like |Link to Comment
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