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edsanville

edsanville
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  • 'Latin McDonald's' Shines Despite Difficulties [View article]
    Why is Arcos Dorados the only franchisee allowed in Latin America? What's the rationale behind that decision? Wouldn't competition be a better solution?
    Aug 18 08:27 AM | Likes Like |Link to Comment
  • Another Nail In The Coffin For Peak Oil [View article]
    Yes JasonC, because wood is the same as petroleum from an economic perspective.

    You seem to be arguing that Peak Oil is incorrect because trees are growing worldwide at a fast rate. It's a non sequitor.

    It's called Peak Oil, not Peak Wood for a reason.
    Aug 15 10:35 AM | 3 Likes Like |Link to Comment
  • Market recap: Stocks finished near session highs, and the S&P tallied a fifth straight record close, as profit outlooks from companies including Electronic Arts helped boost sentiment. Industrial metals moved higher after China's better-than-expected trade surplus, which saw strong improvement in imports and exports. Treasurys rose despite a tepid auction; gold climbed 1.7%[View news story]
    @cmmillsap

    You might find this article of interest:
    http://bit.ly/171jedF
    May 8 09:36 PM | 1 Like Like |Link to Comment
  • BP asks a federal judge to temporarily halt its ~$8.5B settlement with plaintiffs over the 2010 Gulf of Mexico spill, saying the claims administrator's decisions could give the claimants "windfalls" and that the company could be "irreparably harmed." A judge ruled March 5 that BP must keep paying some compensation in larger amounts and to more parties than the company had anticipated. [View news story]
    Just pay up, BP. You destroy the Gulf, you pay for the cleanup, period. If it bankrupts the company, then so be it. It's called "accountability," something that's all too rare these days.
    Mar 15 07:27 PM | 4 Likes Like |Link to Comment
  • The Boeing (BA) battery fire on a Japan Airlines flight was "unprecedented" and a “very serious air safety concern," the head of the NTSB said today, adding that the Board is still trying to determine what caused the events surrounding the troubled Dreamliner. Boeing says it is "working around the clock" to resolving the issues but is "not permitted to comment directly on the ongoing investigations." [View news story]
    @normalbk
    Oh yeah, NASA is flawless. Except for Challenger, Columbia, Apollo 1, etc. NASA actually has a pretty high death toll, if you add it all up. I'm not knocking NASA, I'm just telling the truth here. NASA's not flawless.
    Jan 27 07:59 AM | Likes Like |Link to Comment
  • The Boeing (BA) battery fire on a Japan Airlines flight was "unprecedented" and a “very serious air safety concern," the head of the NTSB said today, adding that the Board is still trying to determine what caused the events surrounding the troubled Dreamliner. Boeing says it is "working around the clock" to resolving the issues but is "not permitted to comment directly on the ongoing investigations." [View news story]
    The government added, "If we had designed that jet, it would have been flawless the first time, because governments don't make mistakes. Unlike evil private industry."
    Jan 24 08:13 PM | 1 Like Like |Link to Comment
  • Why Doesn't Google Get The Amazon Treatment? [View article]
    Pretty ironic, considering Google's motto is "Don't be Evil." Maybe they're realizing that people will always view the most successful companies as "evil," regardless of what they actually do.
    Jan 14 08:34 AM | 1 Like Like |Link to Comment
  • Gold gains $109/oz. for the year, just shy of 7%, and the 12th consecutive annual rise, writes Brendan Conway. The cumulative gain during that period is $1,403/oz., or 516%. SPY is up 8.6% during the same period (before dividends). [View news story]
    @bbro, he said TOTAL loss. You might want to read the comment before responding to the strawman.

    Keep on Shouting at the Devil, mickmars.
    Jan 1 01:52 AM | 1 Like Like |Link to Comment
  • The FCC is adopting new rules to help speed the deployment of internet services onboard aircraft. The new rules are designed to reduce administrative burdens on both applicants and the commission, and should allow the commission to process applications up to 50% faster. [View news story]
    You mean government bureaucracy is the reason why in-flight Wifi isn't ubiquitous? I'm shocked.... just shocked.
    Dec 29 05:20 AM | 3 Likes Like |Link to Comment
  • China's Gini coefficient, a measure of income inequality, was 0.61 in 2010, a central bank-backed survey shows, with zero representing perfect equality and one perfect inequality. A print above 0.4 is used as a gauge of the potential for social unrest, so the figure of 0.61 appears to be in line with a doubling of "mass incidents," including strikes, riots and other disturbances, to at least 180,000 from 2006-2010. [View news story]
    "A print above 0.4 is used as a gauge of the potential for social unrest"

    I bet nobody has even established a correlation for this assertion, never mind actual causation.
    Dec 10 02:53 AM | Likes Like |Link to Comment
  • Prepare To Short Gold [View article]
    What a about negative real interest rates as a driver for increasing gold prices?
    Dec 6 08:07 PM | 5 Likes Like |Link to Comment
  • If it's a fat finger, it's not immediately being lifted. So far, gold hasn't bounced a dime from a quick $20 sell-off an hour ago. Chatter says the move was due to a contract rollover that accidentally became an outright sell. Silver has moved in concert, SLV -2.1% premarket. Oil and copper, both lower by more than 1%, complete the picture for key commodities. [View news story]
    Every losing trade I ever made was due to a "fat finger," and I would like them all reversed, please.
    Nov 28 11:23 AM | 3 Likes Like |Link to Comment
  • Market recap: Stocks pushed to session highs, with the Dow enjoying its best day in more than two months, as investors latched on to signs of a fiscal cliff compromise. But the holiday week likely will see lighter trading volumes and thus may offer a misleading portrayal of sentiment. Oil markets were more jittery, as crude oil jumped 2.7% on Middle East tensions. NYSE gainers beat losers nearly four to one. [View news story]
    "Oil markets were more jittery, as crude oil jumped 2.7% on Middle East tensions."

    Remember when there weren't Middle East tensions? Me neither.
    Nov 19 09:20 PM | 2 Likes Like |Link to Comment
  • Massachusetts ranks first for economic opportunity, a survey from Harvard and Pennsylvania universities shows, while Maryland and Minnesota come in the top five. The study measures unemployment, household income and the ability for residents to increase their income. “The states that invest in their citizens...(have) better economies, which would go counter to the idea that we should strip down the size of government,” says one of the authors of the survey. [View news story]
    How much you wanna bet this study was actually government-funded?

    If citizens are going to get suspicious when Philip Morris funds a study saying second-hand smoke is harmless, shouldn't we also be suspicious of a government-funded study that says richer government is the best way to prosperity?
    Nov 19 07:33 AM | 4 Likes Like |Link to Comment
  • Massachusetts ranks first for economic opportunity, a survey from Harvard and Pennsylvania universities shows, while Maryland and Minnesota come in the top five. The study measures unemployment, household income and the ability for residents to increase their income. “The states that invest in their citizens...(have) better economies, which would go counter to the idea that we should strip down the size of government,” says one of the authors of the survey. [View news story]
    The other two states in the top five were North Dakota and Utah, if you read the list. It does make me wonder if they were left out of the summary on purpose. Especially considering the fact that they had to skip over North Dakota to get to Minnesota.

    Also, correlation doesn't imply causation.
    Nov 19 06:50 AM | 1 Like Like |Link to Comment
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