Seeking Alpha

taxman100

taxman100
Send Message
View as an RSS Feed
View taxman100's Comments BY TICKER:
Latest  |  Highest rated
  • Clear And Present Danger To The World Economy [View article]
    You are 100% correct.

    The issue is a large percentage of Ukrainians would rather be part of another nation. It is a divided country that cannot be held together without a large minority being unhappy about it. Ukraine was created in the ashes of destruction of the Russian and Austro-Hungarian empires of World War 1, and was held together only by the force of the communist Soveit Union.

    The only way it stays together is by force - either by the West or by Russia. I don't see either party having the ability to do so, nor the interest anymore.
    Apr 16 01:31 PM | Likes Like |Link to Comment
  • Ukraine retakes airport [View news story]
    Yep - elements of the vaunted 25th Ukrainian Airborne Brigade have also switched sides. I'm guessing the Ukrainians who tend to serve in the professional military tend to be of Russian descent, while those of Ukrainian descent serve the bureaucracy. I don't really know that, but just speculating.

    You cannot make a country out of people who do not want to live together. Maybe our government should think about that before they set policy.
    Apr 16 10:09 AM | 2 Likes Like |Link to Comment
  • Clear And Present Danger To The World Economy [View article]
    Ukraine is just a symptom, and not the real issue. It is also no surprise as the West continued to push into areas that Russia has historically considered their sphere of influence.

    Russia, China, and India are attempting to set up an alternate world currency option to the U.S. dollar as the benchmark for international trading. Russia is also building pipelines to provide energy to China and India, and will trade energy in Rubles backed by gold.

    They feel the United States has done such a horrible job of being the reserve currency, while reaping all of the benefits with little of the responsibilities, that they want to create an alternative.
    Apr 16 01:07 AM | 2 Likes Like |Link to Comment
  • Honey, I'm Home... Or Not! [View article]
    The value has been incredibly volatile, to say the least. My point is it has recovered from the dip after the financial crisis, and I don't know if there is enough future gains to make it worth the expense and hassle of owning a rental 2,000 mile from where one now lives. LA is still gaining population, but not people who can afford $750,000 homes on a quarter acre lot in a seemingly average subdivision.

    If the government was not propping up the housing market via all of the various Fannie Maes, Freddie Macs, FHA, VA, etc., then the price would not be $750,000.
    Apr 16 12:56 AM | 1 Like Like |Link to Comment
  • Honey, I'm Home... Or Not! [View article]
    My brother in law has a rental home in Thousand Oaks, CA because he did not want to sell it during the market collapse in 2009 after his transfer. I told him now is the time to sell it, but he rented it again as he is convinced this time it is different.

    The same house would go for half that price here, but it is a desirable area northwest of LA. I really don't know how the average Joe can afford a home in suburban L.A. so not sure what will support the pricing going forward.
    Apr 15 12:03 PM | 1 Like Like |Link to Comment
  • MHG - UPDATE AFTER THE END OF Q1 2014 [View article]
    5 NOK = 84 cents U.S.

    That is awesome.
    Apr 14 08:52 AM | Likes Like |Link to Comment
  • G20 frustrated with U.S. foot-dragging over IMF reforms [View news story]
    So, the United States pays more, but loses influence over the IMF.

    I'm sure Obama is pushing this one hard.
    Apr 13 03:24 PM | 1 Like Like |Link to Comment
  • Sebelius' departure confirmed following botched Obamacare rollout [View news story]
    Constitition is ignored by those in Washington, as most state governments are now permanently on the federal teat. Once the income tax, direct election of Senators, and the Federal Reserve Act was law, it was just a matter of time.

    Your Constitution has been sold to the ruling class for 30 pieces of silver.
    Apr 11 09:57 AM | 3 Likes Like |Link to Comment
  • Putin warns of Ukraine gas cutoff, deliveries to Europe at risk [View news story]
    Ukraine is flat broke. Whomever you may blame, is giving Ukraine billions and billions of aid with no real hope of repayment worth it?

    Europe knows the United States is the world's sucker, so while they spend their times in cafes and barely working, the United States foots their bill for defense.
    Apr 10 03:17 PM | 3 Likes Like |Link to Comment
  • Yawn Of An Employment Report? Think Again [View article]
    Corporate America is hiring - contractors and foreign nationals with work visas. It has been standard practice in IT, and now it is expanding rapidly into finance, accounting, and even HR.

    Permanent employees with benefits are no longer needed since the American government has sold out the well being of it's citizens thru unfettered "free trade" (Has the US ever had a trade surplus in the last 40 years?). The ruling class in Washington figured out making most citizens dependent on them either for a job, or a check, will earn the votes of what is now the majority of voters.

    Next step will be dumping all employees onto Obamacare.
    Apr 6 10:32 PM | 2 Likes Like |Link to Comment
  • Who Really Wants To Be A Banker These Days? [View article]
    Even in a highly regulated, low talent utilitarian industry like banking is becoming, the few guys at the top will continue to pay themselves exorbitant amounts, because they have figured out how to keep the multijurisdictional regulators happy.

    I know companies who plead poverty to cut or freeze pensions, and then announce two quarters later they are spending 10 times as much as their pension expense to buy back stock.

    Banking is all about stock options, and making them worth more. Actually, most of Corporate America is pretty much all about that.
    Apr 6 10:12 PM | Likes Like |Link to Comment
  • Kinder Morgan: Is It Time For A Merger? [View article]
    From this article:

    http://seekingalpha.co...

    In May 2012, KMI announced a buyback program specifically for the warrants. The program allowed repurchase of up to $250 million in warrants. In Q2 2013, the company completed this repurchase in its entirety. After this buyback, there are 414 million warrants still outstanding. This buyback reduced the number of warrants outstanding by 18%. The average repurchase price for the warrants thus far in 2013 was $5.77 each.

    As mentioned above, there is a $350 million buyback program that can buy back more warrants. This will further reduce the float on the warrants if applied to the warrants.


    And reviewed this article:

    http://seekingalpha.co...
    Apr 4 12:58 PM | Likes Like |Link to Comment
  • Kinder Morgan: Is It Time For A Merger? [View article]
    What about the KMI warrants? I'd be interested in how those would be handled.
    Apr 4 08:58 AM | Likes Like |Link to Comment
  • Never a dull moment in the pot business [View news story]
    Stoner accounting.
    Apr 3 02:21 PM | Likes Like |Link to Comment
  • The Stock Market Is Rigged! The Stock Market Is Not Rigged! [View article]
    I don't think the market itself is rigged, but pricing execution is rigged to benefit the large players, at the expense of the retail investor.

    I've seen odd price executions done on a lot of my trades - now I pretty stick to limit orders, and assume at worst they will stick me with maybe a half penny per share over what they get on their trades.
    Apr 2 01:12 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
192 Comments
349 Likes