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taxman100

taxman100
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  • Natural gas build comes in lesser than expected [View news story]
    Might be lucky for me - I was "short" NG via DGAZ so I got out on the post report drop.
    Jul 23, 2015. 11:13 AM | Likes Like |Link to Comment
  • Is a Ukraine default next? [View news story]
    Somebody has them - finding milsurp Mosin right now is not easy.
    Jul 20, 2015. 04:05 PM | Likes Like |Link to Comment
  • Natural Gas Building Upside Momentum [View article]
    UGAZ/DGAZ is not the place to play long term trends in natural gas. it is a short term trading platform only for momentum plays. Even holding it one month is asking for trouble - I know.

    The inherent structure of the investment, and it's costs, will kill a long term investor.
    Jul 20, 2015. 09:26 AM | 3 Likes Like |Link to Comment
  • Is a Ukraine default next? [View news story]
    Ukraine needing anther bail-out, indirectly from the United States government?

    In other news, the sun came up this morning....
    Jul 19, 2015. 07:24 PM | 2 Likes Like |Link to Comment
  • Bypassing Ukraine will be costly for Russia's Gazprom, experts say [View news story]
    You think it was/is expensive to rebuild Iraq - just wait until the NWO types gets an open checkbook from the United States for Ukraine, which doesn't have oil it can pump.
    Jul 17, 2015. 08:00 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Netflix Soars On Record Subscriber Growth [View article]
    States in theory have not had bankruptcy protection because they have the ability to raise taxes, or cut spending, at will to meet obligations. Cities typically cannot raise taxes to any great degree, except in states like Ohio.

    Just more evidence our culture is becoming a deadbeat culture. Puerto Rico is a beautiful island, and a great place to visit (at least it used to be), but they dug the hole.....
    Jul 16, 2015. 10:21 AM | 6 Likes Like |Link to Comment
  • PVH's apparel deal with Trump comes to an end [View news story]
    You need to add Democrats, Republicans, and Big Business do not care one bit for this country - they are all about power and money.

    You are just a pocket to tap for cash whenever they can get away with it.
    Jul 8, 2015. 08:41 AM | Likes Like |Link to Comment
  • 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 | 15 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
COMMENTS STATS
358 Comments
749 Likes