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Hubert Biagi

Hubert Biagi
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  • Coal pension plan sues Peabody, Arch Coal to assume $800M in liabilities [View news story]
    I believe the OP is talking about Iran's frozen financial assets which will be freed up as part of the sanctions relief. Something like $120B from what I've heard. But then, I'm sure the Iranian mullahs will plow that right back into their economy to help their people, right?
    Jul 17, 2015. 08:25 AM | Likes Like |Link to Comment
  • Shock expressed as Greece has no new plan [View news story]
    Looks like Greece is trying to take down the Euro markets, trying to create as much financial pain outside their country as possible. Will work so long as Greeks have the stomach for this.
    Jul 7, 2015. 11:06 AM | 1 Like Like |Link to Comment
  • MBIA plunges further as Puerto Rico mulls bankruptcy [View news story]
    Crap, because just the US federal debt is about $50k for every man, woman and child. Now add municipal debt and pension obligations. Puerto Rico's situation has been festering for a long time. They're just seizing the PR moment to jump on the bandwagon. Pathetic.
    Jun 30, 2015. 10:52 AM | Likes Like |Link to Comment
  • SCOTUS upholds Obamacare subsidies, healthcare stocks rally [View news story]
    Have you any visibility on this? Emergency room waits have gone up, not down. Most will still go to the emergency room instead of regular doctor visits. The ACA deductibles are not affordable. It does nothing to "fix" the system. It simply pays people's insurance bill. That's it... the largest expansion of Medicaid (welfare) in history.
    Jun 25, 2015. 02:40 PM | 3 Likes Like |Link to Comment
  • Google starting road tests for self-driving car prototypes [View news story]
    Instead of self-driving cars, how about self-driving trains?
    May 15, 2015. 01:54 PM | 3 Likes Like |Link to Comment
  • Mayweather/Pacquiao fight shatters records for HBO, Showtime [View news story]
    People need more to do and have better priorities for their money.
    May 12, 2015. 01:57 PM | 4 Likes Like |Link to Comment
  • Berkshire mobile homes unit accused of predatory tactics [View news story]
    'In 1987, Buffett famously stated, "I'll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty."'

    That is just one example of the man behind the curtain. A more recent one is his famous advocacy for a "millionaire's tax" which of course he knows he will never, never be subjected to. Yet another is his purchase of BNSF, the largest coal carrier to the west coast (China).

    He manages to remain squeaky clean in public, but really cares little outside outside of Wall street. That's true genius.
    Apr 6, 2015. 02:44 PM | Likes Like |Link to Comment
  • Berkshire mobile homes unit accused of predatory tactics [View news story]
    Absolutely. If you can't read, understand and abide by the written terms, you shouldn't be in a mortgage. If you can't meet your financial obligations the first time life throws you a curve, then you are living beyond your means. Home ownership is not a right, but a privilege and a responsibility. I raised two kids in an apartment and in fact did not even own a home, or a new car, until they were grown up and on their own.
    Apr 6, 2015. 11:03 AM | 4 Likes Like |Link to Comment
  • Berkshire mobile homes unit accused of predatory tactics [View news story]
    Warren in big on monopolies. Looks like he struck gold with this one. Anyone who still believes he is that wholesome, good-natured, fair-minded man needs to look behind the curtains.
    Apr 6, 2015. 10:40 AM | 2 Likes Like |Link to Comment
  • Berkshire Hathaway to be largest shareholder of Kraft Heinz [View news story]
    Wondering, is Buffet going pay his "millionaire tax" on this $2B+ overnight profit, lol...
    Mar 25, 2015. 11:16 AM | 1 Like Like |Link to Comment
  • Hospitals up on comments from SCOTUS's Kennedy [View news story]
    There is so much that is unconstitutional about this law, and yet some on the SC are still locked into promoting this social agenda. The original ruling that the penalty was a "tax" was simply a rationalization to begin with. Now, the fact that many states are resisting this huge expansion of Medicaid (welfare), is a serious Constitutional issue.
    Mar 4, 2015. 03:42 PM | 1 Like Like |Link to Comment
  • Breakout game for ESPN [View news story]
    All these college "students"... what a joke.
    Jan 13, 2015. 11:37 AM | 2 Likes Like |Link to Comment
  • BofA and U.S. Bancorp face another mortgage suit [View news story]
    The "culprit" is Congress, my friend...
    Dec 17, 2014. 04:38 PM | 7 Likes Like |Link to Comment
  • Cigars part of U.S./Cuba deal [View news story]
    You are totally naive. The responsibility for the continued embargo rests with Castro and his minions. In fact, I'd say that he has gone out of his way to undermine relations with the US, in order to maintain his absolute power.
    Dec 17, 2014. 01:52 PM | 2 Likes Like |Link to Comment
  • Cigars part of U.S./Cuba deal [View news story]
    It not what they've done to the US, it's what they've not done... show a willingness to move away from a totalitarian form of government and towards any form of democratic reforms.
    Dec 17, 2014. 01:01 PM | 4 Likes Like |Link to Comment