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taxman100

taxman100
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  • SCOTUS upholds Obamacare subsidies, healthcare stocks rally [View news story]
    Judicial activism has been the preferred method for the last 50 years. Congress has given away their power since then in an attempt to not be held liable for governing.

    The Republic actually died in 1861 - it became an Empire with the invasion of the Confederacy, and it has only progressively gotten worse.
    Jun 30, 2015. 10:22 AM | Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    One should only borrow money to buy things that are investments - i.e., go up in value to some minimal degree. For most people long term, that is your primary residence (and not much else).

    When you country (or state, or city) is borrowing money to pay pensions, or to Ponzi scheme the old lenders, it is time to call an PIGS a PIGS.

    The debt will never be paid back.
    Jun 29, 2015. 11:07 PM | 1 Like Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    They won't get off easy - their economy will be a wreck for at least few years. My only point is their creditors will squeeze every drop of blood from them that they can, and 10-15 years from now, Greece will still be a debt-slave even if they made economic and governmental reforms.

    Debt is a two way street - the IMF and ECB has known for years that Greece will never be able to pay off their debt. I'm all for people (and countries) paying their debts, but extending credit is a two way street - credit risk has to be considered as well.
    Jun 29, 2015. 11:00 PM | 4 Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    Greece will never pay back their debts. Rather than be debt slaves forever, they should default and leave the European Union. Then all of the sacrifice and hard work they would have to do anyways just to stay a slave of the IMF, EBC, etc. can be used to build their country.

    Of course those organizations never want someone to go off the reservation, so don't be surprised if U.S. troops end up there due to "Russian Aggression".

    Socialism and debt always ends up with a bad result.
    Jun 29, 2015. 04:30 PM | 14 Likes Like |Link to Comment
  • SCOTUS upholds Obamacare subsidies, healthcare stocks rally [View news story]
    Truman lost the Korean War, after giving North Korea the impression we would not defend South Korea.

    My Father lost two years of his life due to that "executive action".
    Jun 29, 2015. 11:47 AM | 1 Like Like |Link to Comment
  • BIS: Low rates holding back global growth [View news story]
    Companies need the cash to buy back their stock, so the executives can not only keep the earnings per share up, but their stock options as well.
    Jun 28, 2015. 06:16 PM | Likes Like |Link to Comment
  • Are Western Companies' Assets Vulnerable In Russia? BP Is The Most Exposed Among Oil Majors [View article]
    I'm confused - I know one country is Venezuela. The description of the other country could be nearly any Western "democracy", and the article is about the Russian Federation, but the hydrocarbon mention leads me to believe the reference might be the United States.

    Hubris and political cronyism - See Obamacare and the recent Supreme Court ruling for evidence the rule of law means nothing in more places than just Russia.
    Jun 25, 2015. 03:41 PM | 5 Likes Like |Link to Comment
  • SCOTUS upholds Obamacare subsidies, healthcare stocks rally [View news story]
    Now that Obamacare is the law, you have to take off your free citizen hat, and put on your investing hat.

    If you are over 40 years old, you have to understand the ground rules for our economy are different from the inherent expectations learned in your formative years.

    Our economy is now based on government and Central Bank action, not free enterprise. You have to figure out which investment opportunities are going to benefit from the crony capitalism which is now the basis of our economy.

    Those individuals and entities with connections to the ruling class will be able to enrich themselves. Finding businesses that can work the system is now more important than those who have better ideas.

    As an example, Uber has figured out how to exploit the current desperation economy, and the fact our government loves pretty much unfettered immigration. There will always be new desperate people who will drive for them for peanuts.

    Insurance companies figured it out, which is why they fully backed Obamacare. Wall Street has figured all of this out - look at the valuation of Uber.

    You should too. It is still too early to buy gold and wait for the collapse. We are not there yet.
    Jun 25, 2015. 02:17 PM | 4 Likes Like |Link to Comment
  • SCOTUS upholds Obamacare subsidies, healthcare stocks rally [View news story]
    Of course we do - someone has to pay for it. Bury the costs in mandates (such as requiring convents of Catholic nuns to buy insurance that pays for contraception and abortion for the "fast and loose" crowd who vote socialist), or make everyone who has insurance cough up huge premiums, deductibles, copays, etc., and the cost can be buried from view.

    Pay off corporate America by letting them in on the plunder (until they are no longer needed), and it was guaranteed that our "defenders of the Constitution" would look the other way.
    Jun 25, 2015. 11:49 AM | 12 Likes Like |Link to Comment
  • SCOTUS upholds Obamacare subsidies, healthcare stocks rally [View news story]
    Shocking - big government and crony capitalism wins again.
    Jun 25, 2015. 11:19 AM | 14 Likes Like |Link to Comment
  • Trans-Pacific Partnership nears completion [View news story]
    Not crazy - you just have to realize who our leaders really work for.

    Large multinational corporations now not only make all of our immigration law, banking laws, mortgage laws, marriage laws, etc., but also our foreign policy as well.

    They really do not care about you, the United States as an entity, your values, etc.. Those in Washington really do not care unless you are writing them a check, or dependent on them, and thereby buying your vote.
    Jun 22, 2015. 04:44 PM | 2 Likes Like |Link to Comment
  • Trans-Pacific Partnership nears completion [View news story]
    They are hiding the deal - that is all you need to know. They are selling us out (again).
    Jun 22, 2015. 08:51 AM | 6 Likes Like |Link to Comment
  • Addressing Western Asset Mortgage Capital's Perplexing Dividend Cut [View article]
    I couldn't find it, but I ready somewhere that back in late 2013 WMC took a tax position on some of their transactions that is not one commonly held by their peers.

    The result was they were able to pull income forward and pay out a huge distribution at the end of 2013. I believe they now are "paying the price", so to speak.
    Jun 21, 2015. 11:11 PM | Likes Like |Link to Comment
  • Russian Central Bank Targets Rebuilding Of Foreign Reserves [View article]
    That's right - how dare that Russia put their border so close to our military bases!

    U.S. is hosed if it ever loses reserve status, which is why NATO (a proxy of the United States) is so anxious to start a war in Central Europe.
    Jun 20, 2015. 02:41 PM | 4 Likes Like |Link to Comment
  • NBC confirms Lester Holt as lead evening anchor; Williams apologizes [View news story]
    Network news - aimed at old people, and the gullible who think anything they report is even remotely impartial or believable.
    Jun 19, 2015. 12:05 AM | 1 Like Like |Link to Comment
COMMENTS STATS
352 Comments
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