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Frankj78

Frankj78
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  • Wall Street Breakfast: Is A Recovery In Sight? [View article]
    Ignis, they've been on the same side of the coin since George Wallace ran for president and said, "In terms of legislation passed, there's not a dime's worth of difference between the two parties."
    Sep 2, 2015. 12:18 PM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Is A Recovery In Sight? [View article]
    gggl, that's correct. The $45K, acc'd to the website below.

    http://bit.ly/1LLilYU

    This site deals with all 50 states.
    Sep 2, 2015. 12:16 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: To Hike Or Not To Hike? [View article]
    Merkley is the junior Senator from Oregon. He replaced Gordon Smith (R). He seems to go along with whatever the current occupant of the WH wants. Has lots of union backing.
    Aug 31, 2015. 11:48 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: To Hike Or Not To Hike? [View article]
    Bloodlands. It was a slog but worth reading for anyone interested in the history of the last century.
    Aug 31, 2015. 11:44 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Panic In China Reverberates [View article]
    f85: that is one interesting web site, thanks.
    Aug 24, 2015. 10:50 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Stock Plunge Weighs On World Markets [View article]
    Joe, that's right. Those calling to abolish the IRS overlook the fact that regardless of how income is taxed, some workforce within the gov't has to make sure there is compliance. It should shrink on the personal income tax side. Corporate? Depends on whether that is simplified or not.
    Aug 18, 2015. 10:36 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Yuan's Drop Weighs On World Markets [View article]
    Plume of pollution 'sposed to reach Lake Powell this week. Photo on front page of Oregonian newspaper of 3 kayakers in the yellow-colored Animas River.
    Aug 12, 2015. 09:37 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Devalues Yuan To Lift Flagging Economy [View article]
    With any luck the excavator operator was wearing a video camera device and it captured an EPA boss pointing to a spot in the containment berm and saying "dig here." Otherwise I look for the EPA to try and blame the contractor.
    Aug 11, 2015. 10:26 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: China Devalues Yuan To Lift Flagging Economy [View article]
    I think the reasons for the gov't backing differed. GM, Chrysler, Ford: lots of existing jobs at stake. Tesla, some new jobs, but mostly backing for the shiny new thing. Backing nonetheless in both cases. I think the electric car subsidies to the buyers were wrong from the start.
    Aug 11, 2015. 10:15 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Berkshire Hathaway Close To Deal For Precision Castparts [View article]
    I served on the board of a pension plan for a private, non-profit, single-employer pension plan. We had about 40 retirees and about 100 active, union member employees. We operated under strict fiduciary guidelines, and had limited ability to "play" with assumptions that could make our outlook appear rosy.

    Since serving on that board I've followed the news on places like Illinois, California, Oregon. These public employee plans simply don't operate under the same rules as the private plans. Illinois is today, providing us with a "lab experiment" if you will on what happens when a plan is so overpromised and so willfully underfunded that the only way to fix it is thru bankruptcy.
    Aug 10, 2015. 11:40 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Berkshire Hathaway Close To Deal For Precision Castparts [View article]
    Regarding the free dinners. We must get a come-on for one of those about every two weeks in the mail. All one needs to know about them is that those putting them on refer to the attendees as "plate lickers."
    Aug 10, 2015. 11:26 AM | 9 Likes Like |Link to Comment
  • Concerned About Interest Rates Rising? Consider Convertibles [View article]
    Vanguard offers a convertible securities fund. VCVSX. Low expense ratio.
    Aug 5, 2015. 11:03 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: China Heightens Curbs In Market Crackdown [View article]
    Biden does not come off looking good in Ron Kessler's book on insights (largely from the Secret Service) on what it is like protecting the Pres, Veeps, and families.

    Specifically, while he was tasked by Obama with rooting out waste, fraud and corruption in gubmint, he thinks nothing of flying to and from Washington to Delaware on Air Force Two. Sometimes twice in the same day. There are other shortcomings too, and these have to do with national security.
    Aug 4, 2015. 11:02 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Shares Nosedive As Market Reopens [View article]
    Or, look for Obama to send a signal by grabbing a coffee at Starbucks.
    Aug 3, 2015. 11:31 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Futures Rise With Fed Meeting In Focus [View article]
    Buck, you think I don't already know that? What in my comment prompted that response of yours?
    Jul 28, 2015. 04:20 PM | 1 Like Like |Link to Comment
COMMENTS STATS
375 Comments
820 Likes