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  • Wall Street Breakfast: Must-Know News [View article]
    Americans can show their true patriotism by working hard to repair the disaster known as the Obama Administration.
    Feb 21 08:06 AM | 44 Likes Like |Link to Comment
  • Iceland's PM warns of "chaos" (and not getting an invite to Davos or Jackson Hole) after voters again reject a plan to pay back countries whose citizens lost money in the banking collapse. The dispute will end up in court, where the U.K. and Netherlands can explain to a judge why a country's citizens should be liable for the actions of a private financial institution.  [View news story]
    Good for the people of Iceland.
    Could anyone ever imagine American politicians allowing the "people" to decide such things rather than the "elected elites"?
    Apr 10 10:15 AM | 40 Likes Like |Link to Comment
  • In a letter leaked to newspapers, Caterpillar (CAT) CEO Doug Oberhelman presses Illinois Gov. Pat Quinn to roll back recent corporate tax hikes. "I want to stay here," writes Oberhelman of the company's home state, but "I have to do what's right for Caterpillar," implying the company may shift jobs or its HQ elsewhere.
     [View news story]
    Oh when, oh when, will liberals ever learn?
    As Margaret Thatcher said, the problem with socialism is that eventually you run out of other peoples money to spend.
    Mar 26 03:10 PM | 33 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Riq

    Your obsession with Bush to excuse the failure of Obama is evidence of your subjective non sensible lack of reasoning.
    Feb 21 08:38 AM | 32 Likes Like |Link to Comment
  • Is It Wrong To Take A Position In A Stock And Then Write About It On Seeking Alpha? [View article]
    I could not agree with you more and quite frankly do not have any understanding of those who might disagree.
    Aug 6 02:54 PM | 31 Likes Like |Link to Comment
  • Wall Street Breakfast: Argentina Sends Last-Minute Delegation To Avert Default [View article]
    ISIS can export oil but the Kurds can't.
    Another example of how screwed up the administration is.
    Jul 29 07:57 AM | 31 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Someone tell the White House that there is no spending cut, just a cut in the rate of spending increase in future years. What a scam is being perpetrated on the American people.
    Feb 26 07:32 AM | 31 Likes Like |Link to Comment
  • A Congressional report claims millions of gallons of known carcinogens were injected into wells as part of the process to withdraw natural gas from shale deposits. It's the latest health concern over hydrofracking, which has tapped untold reserves of gas, but threatens contamination of water supplies.  [View news story]
    The report was authored by, now get this, congressmen Henry Waxman and Ed Markey. No bias in those two now is there. You know the envirowackos were involved in the report.
    Nobody should accept anything from these two at face value.
    Apr 17 10:20 AM | 31 Likes Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    @john overstreet

    Offset by things the average man on the street doesn't buy or use.

    Statistics make for theoretical fodder for the academia, by the fact remains that the man on main street is suffering from stagnant wages and inflation in the everyday things he does buy.
    Oct 31 01:42 PM | 30 Likes Like |Link to Comment
  • Apple (AAPL) only looks cheap if it maintains its profit margins (35.3% in 2012), writes The Brooklyn Investor. Slapping Samsung's mobile operating margin of 18% on Apple's $181B in expected revenue this year then giving it a 10 multiple and adding back cash yields a value of $370/share. Margins might not decline right away (and revenues may increase to offset), but Apple bulls are fighting the powerful historical tendency (particularly for Apple) of excess margins getting competed away. [View news story]
    rocback
    "buy an American phone from Apple"

    Apple phones are made where?
    Apr 20 12:43 PM | 30 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I am thrilled this morning to see that we the taxpayers are paying for another Obama family vacation, this time to China. I hope someone somewhere is keeping a running tab on the total vacation spending to date.

    Does Airforce One have frequent flier programs?
    Mar 19 08:23 AM | 29 Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    Robert

    When? You don't give a time for your prediction.

    The printing presses are not going to stop. I won't argue that the Fed might "slow" but "stop", not for a long time.

    Just today the G-20 called for an additional increase in global trade of two trillion dollars. They have no clue as to how to achieve it so guess what they'll do? Yep, crank up the presses.

    I've read elsewhere that there is a current shortage of deliverable gold. To say that gold will fall to variable costs is IMO a stretch.

    However, as with any forecast such as yours, only time will tell. I just think you are wrong and will take the other side of your trade.

    Regards.
    Feb 23 12:16 PM | 28 Likes Like |Link to Comment
  • In a letter leaked to newspapers, Caterpillar (CAT) CEO Doug Oberhelman presses Illinois Gov. Pat Quinn to roll back recent corporate tax hikes. "I want to stay here," writes Oberhelman of the company's home state, but "I have to do what's right for Caterpillar," implying the company may shift jobs or its HQ elsewhere.
     [View news story]
    Perhaps you should try North Korea. I read that 25% of the population is starving.
    Mar 26 03:49 PM | 27 Likes Like |Link to Comment
  • It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
    Whatever any law says, remember the GM bailout. Ergo, there is no rule of law. The law will be whatever those in power want it to be at whatever future time they need to change it.

    And, that's a fact Jack.
    Mar 28 12:40 PM | 26 Likes Like |Link to Comment
  • A Congressional report claims millions of gallons of known carcinogens were injected into wells as part of the process to withdraw natural gas from shale deposits. It's the latest health concern over hydrofracking, which has tapped untold reserves of gas, but threatens contamination of water supplies.  [View news story]
    "The Left is going to have to give in on Nat Gas, just as the Right is going to have to give in on high-speed rail."

    What do these possibly have in common? High speed rail is another spending boondoggle to increase our debt and has zero to do with energy.
    Apr 17 01:27 PM | 25 Likes Like |Link to Comment
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