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taxman100

taxman100
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  • U.S. to place additional sanctions on Russia [View news story]
    People like to see things in black and white - Russia is "bad", while whatever the United States does is "good".

    Russia is behaving exactly as anyone with a brain would have predicted prior to the United States overthrowing the government in Ukraine. They secured their only warm weather port and have refused to play ball with a West pretty much dominated by international banks looking to get even more countries hooked on debt.

    However, since they are now "bad", their history and interests do not matter.
    Dec 17, 2014. 09:22 AM | 2 Likes Like |Link to Comment
  • Linn Energy, LinnCo plunge amid falling oil, Stifel target price cut [View news story]
    I'm down more than that on some of my shares, but the past is just that. At $9.75 a share, if you know of a better risk/reward investment, I'm open to suggestions.
    Dec 16, 2014. 08:28 AM | Likes Like |Link to Comment
  • California Senate leader wants to force Calpers to divest coal holdings [View news story]
    They will just take more money from taxpayers - apparently Californians who pay taxes are now in the minority.
    Dec 15, 2014. 07:03 PM | 4 Likes Like |Link to Comment
  • BofA upgrades Phillips 66 amid multiple downgrades of refining stocks [View news story]
    A lot of refiners hedge their supply - so they may be paying far higher than the current market price.
    Dec 15, 2014. 06:59 PM | Likes Like |Link to Comment
  • Midday Gainers / Losers [View news story]
    At $9.75, where will the price be 12 months from now? If you think oil prices will stay down long term, leading to all kinds of financial issues with debt, etc., might be time for you to sell.

    I'm still of the opinion that oil prices will not stay down long term - but this is going to kill the higher cost oil producers.
    Dec 15, 2014. 05:11 PM | Likes Like |Link to Comment
  • Student Debt Poised To Crimp U.S. Economy [View article]
    Gee, spend four years at $40k a year with no source of income, beholden to a bloated education system fully feeding at the government teat, and you are surprised kids are in debt?

    Education costs so much because the education industry knows it can charge $40k a year, and their customers are conditioned to think they are entitled to four years of relaxation at a college, and hopefully someone else will foot the bill down the road. Colleges respond by building facilities, and offering courses, that are more resort than education.
    Dec 14, 2014. 09:41 PM | 2 Likes Like |Link to Comment
  • Congress reaches deal on $1.1T spending bill [View news story]
    They spent more money trying to make the last shutdown as painful as possible than it cost to keep the locations open.

    It was a total scam, and only the media thinks it is a big deal.
    Dec 10, 2014. 12:45 PM | Likes Like |Link to Comment
  • Financial Guidance For 2015 Makes Kinder Morgan A 'Must Own' Energy Company [View article]
    Bought their warrants today at $3.28. They hit $4 last Friday, so how much lower can they go in the short term?
    Dec 9, 2014. 12:56 PM | Likes Like |Link to Comment
  • Barron's: Today's bubble is in private market [View news story]
    Sarbanes-Oxley, etc. has made being a public company more expensive. Why go public with all of the resultant headaches if you can still derive the economic benefits without doing so?
    Dec 7, 2014. 01:54 PM | 2 Likes Like |Link to Comment
  • Medallion Financial: Classic Case Of A Thought Virus Gone Wild [View article]
    Picked up a few shares at $10 flat yesterday, but that was before this article was available to us cheapskates.

    I looked at the short data, and it seemed way overdone. Combine that with the Uber dog and pony show to raise capital, and this stock getting stuck with a "pro-Uber" play, at least before the current owners cash out of Uber.

    My optimistic side hopes for $13 within 3 months.
    Dec 4, 2014. 04:07 PM | 1 Like Like |Link to Comment
  • ADP Jobs Report [View news story]
    According to our fearless leaders in Washington, wages are down because Americans are lazy and stupid, so we need more immigration of all types in order to raise wages.

    Makes you wonder how the ruling class always excludes themselves from the "lazy and stupid" category.
    Dec 3, 2014. 10:31 AM | 1 Like Like |Link to Comment
  • The End Of TV As We Know It [View article]
    No mention of the fact that 95% of broadcast television is pure garbage? We have young children in the house, and no cable or satellite television. The only network shows we let our children watch are "Amazing Race", and "Wipeout". The rest is unwatchable for children, and we watch none of it ourselves.

    We do have Netflix, and let the kids watch appropriate shows from them. My six year old has seen every episode of "Adam 12", other than the few in the last season that are kind of "hinky". (Officer Malloy language for you there), and also "Andy Griffin", and "Leave it to Beaver".

    Mass media today is borderline evil, and we do not let that in our home.
    Dec 1, 2014. 04:39 PM | 9 Likes Like |Link to Comment
  • NYT: Hagel first administration casualty of election defeat [View news story]
    No big loss - he was a lapdog for the administration in pushing their social experimentation in the Armed Forces.

    Of course, the next one will be at least as bad, if not worse.
    Nov 24, 2014. 09:47 AM | 1 Like Like |Link to Comment
  • Update: Nevsun Confirms It Has Been Approached To Be Bought Out And Has Announced Good Exploration Results [View article]
    You want a corrupt country in which to own a top quality mine - try Calendonia Corporation in Zimbabwe!

    Zimbabwe is the kind of place where the unilaterally change the law by ruler decree, and then guys with guns show up.

    While the United States has reached the point of change of law by unilateral decree, guys with guns don't show up at you door (not quite yet, at least).
    Nov 22, 2014. 02:26 PM | 1 Like Like |Link to Comment
  • G20 commits to grow economy; Russia isolated over Ukraine [View news story]
    I don't have the figures in front of me, but the only major world economy that did not use extreme levels of debt to try to grow their economy, and hence not beholden to large international financial organizations, is Russia.

    I believe their debt to GDP is around 12%.

    I'm sure the West picking a war with them has nothing to do with this.
    Nov 18, 2014. 10:44 AM | Likes Like |Link to Comment
COMMENTS STATS
297 Comments
603 Likes