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Frankj78

Frankj78
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  • Brad Thomas Positions For 2015: Attractive Opportunities Present Themselves In REITs [View article]
    Brad,

    Thank you for all your contributions. I have learned a great deal from you on REITs and put the knowledge to use. I always read your articles. All the best to you and yours this season and in 2015.
    Dec 24, 2014. 04:11 PM | 1 Like Like |Link to Comment
  • The Dividend Growth Investor's Version Of 'A Christmas Carol' [View article]
    Gary J: you took the words right off my keyboard! What I was going to say to Chuck: you teach the importance of valuation and patience. Also, that "it is not a stock market, but market of stocks," paraphrasing sage advice from Chuck.

    Best wishes Chuck, and thank you!
    Dec 20, 2014. 05:40 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Global Shares Rise On Upbeat Fed [View article]
    Before we all get too excited about the vintage cars, consider whether they could pass the emissions test in your area if you have such.
    Dec 18, 2014. 11:32 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Repsol To Buy Talisman Energy For $13B [View article]
    Blue: Are you saying that if Congress was in charge of the federal reserve they would raise interest rates at this point? Doing so would ripple through the economy. When rates "normalize" the federal debt service would go up, leaving less money for Congress to put toward discretionary spending. Most of federal spending is non-discretionary.

    Yeah, the idiots in Congress ran up the debt and I seem to remember Bernanke telling Congress, in effect, "I've done all I can with the quantitative easing and ZIRP, now it is up to you to do your part," i.e., cut spending. Congress demonstrated they can't control themselves, why anyone would ALSO put them in charge of the money supply is a mystery to me.

    The influence of the financial sector via lobbyists is bad enough in Congress, in my opinion I don't think we need lobbyists from the financial sector trying to influence the votes of Congress concerning monetary and inflation issues.
    Dec 16, 2014. 01:47 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Repsol To Buy Talisman Energy For $13B [View article]
    Absolutely not. I don't want 535 ego-charged members of Congress monkeying around with interest rates and the money supply.
    Dec 16, 2014. 11:40 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Brent Falls To New 5-Year Low [View article]
    RIQ: No my point was not that linking investment and morality made anyone a totalitarian.

    It was that in calling for an abandonment of fossil fuels for moral reasons it ignores the question of "what about the damage that such a plan will produce?" And I think there are a significant number of people who would go along readily with such a plan if it could be imposed even though it would require a willful abandonment of democratic principles by them to see it through. The central planners themselves would eagerly abandon such principles, convinced that what they are doing is for the good of the people.

    After a time, the guy collecting used cooking oil to run in his riding mower would get a visit from the authorities.

    I read this blog daily and when I saw this admonition I knew it was going to be fun.

    By the way, didn't you recommend that documentary Apocolypse? I finished it, it was good. I've seen lots of docs on WW2 and that particular one had some different film footage than the other shows I've seen. Still, the BBC's the World at War is tops in my book.
    Dec 8, 2014. 02:54 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Brent Falls To New 5-Year Low [View article]
    I posted (or tried to) a response to kappaseek but it went south.

    I'll try again, more abbreviated, this time. We are not living in ancient Rome where the fastest mode of conveyance was a horse. This world needs energy and while we in the US and other developed countries can fiddle around subsidizing wind and solar, we aren't going to wean ourselves from fossil fuels anytime soon.

    Unless of course the central planning types force it. So how moral would that be? How moral is it for the government to give a big tax credit to someone rich enough to buy a Tesla? How moral is it for wind power investors to be in it for the marketable tax credit?

    So, thanks for coming by. Your comment confirms that there are people out there who would dictate how others should behave. It also confirms my decision to read Chapter 10 of The Road to Serfdom, a discussion of central planning, totalitarianism and how the power changes the MORAL viewpoint of those in charge. The chapter title is "Why the Worst Get on Top."
    Dec 8, 2014. 12:19 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Brent Falls To New 5-Year Low [View article]
    kappaseek, investment in fossil fuels and the use thereof is not going to go away because some people view it as immoral. We are not living not in ancient Rome where the fastest moving conveyance was a horse.

    The developed and undeveloped economies of the world need the energy that can be generated by ALL the forms available now: fossil fuels, nuclear, hydropower, wind, solar.

    You want to address morality and competence? Where is the morality in a 1 percenter who buys a Tesla and then grabs the federal tax credit?

    Where is the morality in the actions of the wind energy investment slicksters who were in it strictly for the marketable energy credits?

    I want to thank you for coming by. What you suggest, the abandonment of fossil fuels would require a top-down, centrally planned economy. That there are people out there who think this is just great reinforces my decision to read Chapter 10 of The Road to Serfdom with the high school student I am tutoring. The chapter addresses central planning, totalitarianism and morality. The title is "Why the Worst Get on Top."
    Dec 8, 2014. 11:57 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Shanghai Soars, Markets Await ECB [View article]
    Someone must still be buying high end watches. The Wall St Journal print edition usually has several ads each day on pages 2 -3. And these aren't
    Casios (which I wear) or Timex (which my son wears.).
    Dec 4, 2014. 10:23 AM | 1 Like Like |Link to Comment
  • Are SCHD And NOBL Good Dividend Growth Investments? [View article]
    Iowa has a great plan. Vanguard run.
    Nov 29, 2014. 08:34 PM | Likes Like |Link to Comment
  • SOHO Is A Small-Cap REIT That Looks Really Cheap [View article]
    Thanks for the article Brad.
    Nov 17, 2014. 02:31 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Nikkei Dives As Japan Slips Into Recession [View article]
    Shenanigans, sounds like a good name for a hedge fund.
    Nov 17, 2014. 10:55 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Nikkei Dives As Japan Slips Into Recession [View article]
    Rich: coincidentally, I'm watching that series Apocalypse now. Just watched the first two installments last night.
    Nov 17, 2014. 10:49 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Hasbro In Talks To Buy DreamWorks Animation [View article]
    Good to hear from you.
    Nov 13, 2014. 12:43 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Hasbro In Talks To Buy DreamWorks Animation [View article]
    A refinery needs to be located where it can feed the output into pipelines, preferably existing ones. I've read that besides the difficulty associated with getting a new refinery built say, closer to the oil in Canada and ND, there would be a problem linking the refinery's output to pipelines taking the product to markets. Disclosure: I am not an energy expert.
    Nov 13, 2014. 12:41 PM | 1 Like Like |Link to Comment
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