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  • Wall Street Breakfast: Must-Know News [View article]
    Michael
    "An excuse is that the government gives it away, so why not take it? "

    The government pays people to recruit new members of the hand out club. There are people paid to sign up new recipients for food stamps, cell phones, etc. The takers are encouraged by the government to do so.

    And one asks where ethics went? Answer is it got lost at the ballot box.
    Apr 24 12:00 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    riq
    You made a comment and I responded to it. Simple.
    Apr 23 02:42 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    riq
    "private property represents exploitation or outright theft."

    So let me get this-------I work my butt off, save money, buy a house and car, and, that is exploitation or outright theft? Of whom? The lazy bas**rd that didn't work hard and save?

    You are off the wall and delusional............... for you to move to Cuba or some other communist paradise.
    Apr 23 01:12 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    ws broker

    And, just like in the USA, the euro stock markets rallied on the great news. Go figure.
    Apr 23 11:50 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Rich
    It is not usually the degree of services provided, it is the cost of the people doing the providing. The cost of the employees is in too many cities inflated beyond reason and the resultant required taxes to pay for same is killing the average citizen.
    The "greedy politicians" are to blame because they only care about spending tax money for their cronies at the expense of the average citizen.
    Apr 23 10:09 AM | 5 Likes Like |Link to Comment
  • Netflix (NFLX +24.6%) continues to skyrocket as sell-side PTs surge following a Q1 beat fueled by higher margins (aided by a Y/Y drop in content cash outflows) and domestic streaming adds at the high end of Netflix's guidance; for now, the Street is willing to overlook Q2 guidance for a sizable Q/Q drop in domestic streaming adds. The results demonstrate Netflix's model "continues to show operating leverage," says Cantor, raising its PT to $230. On the earnings call, Reed Hastings admitted Hulu and Amazon have been "bidding more aggressively" over the last 12 months - that could explain the pending Viacom deal expiration. Content liabilities stood at $5.7B at the end of Q1, up $100M Q/Q. [View news story]
    Anyone look at the cash flow? This is a bubble. Perhaps analysts should be taught to read balance sheets.
    Apr 23 09:34 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    kwm3
    You are wrong in your theory. Certain taxing jurisdictions over pay, over spend and over promise and therefore over tax to pay for it. For just one example, pension costs in certain places that are simply outrageous cause taxes to be high to pay for them. This caused by, for example, the ludicrous policy of saving sick days and vacation to the last year of working and using them to pad ones pension.

    No company that has a choice wants to locate there when there are saner tax rates just a few miles away.

    Most cities and states don't have a tax problem they have a spending problem and should be avoided.
    Apr 23 09:31 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    So Netflix now has a PE of about 200. This market is a bubble. Did anyone look at the FCF for the quarter?
    Apr 23 09:09 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl
    Perhaps the city lied to the bondholders as well. If so, another lawsuit is coming.
    Apr 23 09:04 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    kwm3
    "They can pierce the corporate veil and execute against an employer's personal assets"

    I never heard this. Are you sure you have your facts straight?
    Apr 23 09:02 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    blueokie
    What is bankrupting SS is the disability portion for which nobody ever put a cent into. The "retirement" portion would be just fine but not for the 100% unfunded aforementioned disability portion.

    I could add in President Johnson's stealing what was a separate SS fund and merging it into the general fund to finance the Vietnam war but we all know too well about that.
    Apr 22 02:58 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Stick to the constitution and there would be none of the money transfers.
    Apr 22 01:14 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    bob
    We had a terror attack on 9-11, did you forget?
    And, before you start, the democrats voted to go to war after 9-11.
    Apr 22 11:48 AM | 1 Like Like |Link to Comment
  • J.C. Penney Hangs By A Thread [View article]
    New marketing 101------Start by telling all your existing customers they are idiots in every advertisement that is run on TV. That worked just as it should have; the customers left. Mission accomplished.
    Apr 22 10:58 AM | 4 Likes Like |Link to Comment
  • AT&T: Financial Shenanigans, Painful Truth Coming [View article]
    Thanks for a thought provoking article.
    Is Verizon any better off? At least T carries a PE of ca. 30 compared to VZ PE of ca. 50.
    Apr 22 10:13 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
5,341 Comments
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