Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)

joe kelly

joe kelly
Send Message
View as an RSS Feed
View joe kelly's Comments BY TICKER:
Latest  |  Highest rated
  • The Reagan tax cuts, still controversial 30 years after being signed into law, were highly stimulative, but only because the economic circumstances of the time - high inflation, high tax rates - made it so, Bruce Bartlett writes. Reenacting some version of the tax cuts under today’s conditions - near-zero inflation, low tax rates - would not bring about similar results, he says.  [View news story]
    Yeah! Enron would be here today if government had got out of the way and not burdened it with regulations like actually owning assets you said you owned.
    Aug 15 10:41 PM | 4 Likes Like |Link to Comment
  • The Reagan tax cuts, still controversial 30 years after being signed into law, were highly stimulative, but only because the economic circumstances of the time - high inflation, high tax rates - made it so, Bruce Bartlett writes. Reenacting some version of the tax cuts under today’s conditions - near-zero inflation, low tax rates - would not bring about similar results, he says.  [View news story]
    Taxes are lower under Obama than when he took office.
    Aug 15 10:40 PM | 2 Likes Like |Link to Comment
  • 5 Cheap Biotech Stocks That May Rebound Ahead of the Market [View article]
    The one strategy that has been a consistent winner for me is a day trade of a stock mentioned in a Rougemont article in the AM.

    After all is said and done I think emotion rules. I wear them on my sleeve and playing on the emotion of greed has done me better than researching each stock pick at all the sites I'm sure we all visit.

    I don't think I have the right seeing as how I've only been investing on my own for two years to call myself a "smart investor." But I agree with you Tappy on the mining of investment ideas here. Not sure if our methods are the same but our goals surely are.

    I'll look into AIS at your suggestion. I already have 20% of my money in pharmaceuticals now though so it better be good if I'm going to buy it.

    RTIX is the other I have. Long on it as well.

    Aug 14 08:43 PM | Likes Like |Link to Comment
  • With the BoE considering a 2nd round of QE, Dhaval Joshi of BCA Research argues the policy of creating money to lift asset prices and bank earnings is a perverse attempt at trickle-down economics that only exacerbates income inequality - maybe not the cause, but surely a factor in the recent rioting.  [View news story]
    Can't agree with your sustained rebellion theory User. For the most part those you think are paying attention aren't. They're watching American Idol and Pawn Stars and Wrestling. As long as they have plenty of tv stations to choose from, there will be no rebellion. Unless Glee is cancelled. Then millions of wives and daughters may take to the streets.
    Aug 14 03:22 PM | 1 Like Like |Link to Comment
  • Former Obama economic advisor Christina Romer cites the 1930s and WW2 to argue the government should increase spending to spark growth. She says "aggressive monetary expansion" brought growth of 10% a year from 1933-1937, with  monetary and fiscal retrenchment then helping cause the 1937 recession.  [View news story]
    A new leader will make no difference as there are no followers. gridlock and blind obedience to progressive or conservative talking points will cause us to go further in debt and closer to the financial armageddon in retrospect, perhaps we should have allowed to happen in late 2008.
    Aug 14 10:02 AM | 3 Likes Like |Link to Comment
  • The U.S. Postal Service fires a shot across Washington's bow by proposing to cut 120K jobs through union-prohibited layoffs, and to withdraw its employees from federal health and retirement plans. The proposal requires the approval of Congress, but, if passed, could have serious ramifications for government workers, as well as the national labor movement.  [View news story]
    Would you rather have had the financial system crash Cinci?

    I find it strange you would call me a sheep when you're taking the side of the trolls who add nothing to the conversation stock and profitwise, which is what we're all interested in.

    You think it's good for water rates to triple if a private company owns it? Neat Cinci. Privatize the whole federal government and instead of taxes we can pay a management fee of triple what we paid in taxes. If that would make you happy.
    Aug 14 12:23 AM | Likes Like |Link to Comment
  • 5 Cheap Biotech Stocks That May Rebound Ahead of the Market [View article]
    As long as we're pumping here, I took a position in Bio Delivery, BDSI, since many people I know are inthe health care field and think new ways of delivering drugs, especially painkillers, is a great idea.

    Long BDSI.
    Aug 13 03:12 PM | Likes Like |Link to Comment
  • The U.S. Postal Service fires a shot across Washington's bow by proposing to cut 120K jobs through union-prohibited layoffs, and to withdraw its employees from federal health and retirement plans. The proposal requires the approval of Congress, but, if passed, could have serious ramifications for government workers, as well as the national labor movement.  [View news story]
    You would agree, if I accurately peg you from some of your comments Wyatt, that government's most important role is the safety and security of the citizens it works for.

    So wouldn't you agree that safe drinking water is part of that mission?

    The ability of communities to compete for business depands much on it's infrastructure. Controlling key components like water delivery gives communities far more to deliver than hoping a private service doesn't raise rates so high it drives businesses that consume lots of water out.

    These are virtual monopolies since there is only one distribution system. I'd much rather have the ability to fire elected officials through the electoral process than hope the private water company cares about the product and safe delivery because the fact is if they don't, there really isn't a whole helluva lot anyone can do about it unless you live in the country and can dig a well. That's expensive also, And maintaining it for coliform, fecal etc. isn't cheap.
    Aug 12 06:00 PM | Likes Like |Link to Comment
  • The U.S. Postal Service fires a shot across Washington's bow by proposing to cut 120K jobs through union-prohibited layoffs, and to withdraw its employees from federal health and retirement plans. The proposal requires the approval of Congress, but, if passed, could have serious ramifications for government workers, as well as the national labor movement.  [View news story]
    So decisions on the safety of your drinking water made with profit as the motivating factor makes you feel better?
    Aug 12 04:22 PM | Likes Like |Link to Comment
  • The U.S. Postal Service fires a shot across Washington's bow by proposing to cut 120K jobs through union-prohibited layoffs, and to withdraw its employees from federal health and retirement plans. The proposal requires the approval of Congress, but, if passed, could have serious ramifications for government workers, as well as the national labor movement.  [View news story]
    You are full of it. I do have experience in these matters. private run companies such as AWW as a rule double to triple rates within three years of getting a municipal utility.
    Aug 12 04:21 PM | Likes Like |Link to Comment
  • The U.S. Postal Service fires a shot across Washington's bow by proposing to cut 120K jobs through union-prohibited layoffs, and to withdraw its employees from federal health and retirement plans. The proposal requires the approval of Congress, but, if passed, could have serious ramifications for government workers, as well as the national labor movement.  [View news story]
    Obstructionist republicans and the sheep who blindly follow them are the destroyers. Or in a language you can understand: Baaa. Baaa baa baaa...
    Aug 12 04:19 PM | Likes Like |Link to Comment
  • The U.S. Postal Service fires a shot across Washington's bow by proposing to cut 120K jobs through union-prohibited layoffs, and to withdraw its employees from federal health and retirement plans. The proposal requires the approval of Congress, but, if passed, could have serious ramifications for government workers, as well as the national labor movement.  [View news story]
    When both parties cut waste I'll be standing next to you applauding Mr. Nomore.
    Aug 12 04:18 PM | 1 Like Like |Link to Comment
  • The U.S. Postal Service fires a shot across Washington's bow by proposing to cut 120K jobs through union-prohibited layoffs, and to withdraw its employees from federal health and retirement plans. The proposal requires the approval of Congress, but, if passed, could have serious ramifications for government workers, as well as the national labor movement.  [View news story]
    I have no problem closing redundant facilities. My point was that nobody in Congress will allow the cuts to be made. There are, in actuality just a few posing as different people, nuts trolling message boards bashing unions or Obama spreading BS. I answer them.

    I'm an admitted liberal, but above all a capitalist. I alos know we need a middle class that can afford stuff for business to have the demand to make it profitable.

    Aug 12 04:17 PM | 1 Like Like |Link to Comment
  • TARP is alive and well, but you might not have noticed. Yesterday's news that Fannie Mae (FNMA.OB) paid Bank of America (BAC) $500M for servicing rights to a bunch of bad loans is "back-door TARP," Abigail Field writes. After seeking its own $5.1B infusion just last week, where did Fannie Mae get the money to do BofA the favor of buying those rights?  [View news story]
    Tell your obstructionist republican pals to get the hell out of the way Neil.
    Aug 11 09:22 PM | 1 Like Like |Link to Comment
  • The U.S. Postal Service fires a shot across Washington's bow by proposing to cut 120K jobs through union-prohibited layoffs, and to withdraw its employees from federal health and retirement plans. The proposal requires the approval of Congress, but, if passed, could have serious ramifications for government workers, as well as the national labor movement.  [View news story]
    You people that bash unions are of course just mindless Limbaugh sheep.

    The fact is if Congress finally okays a streamlining of the postal service you clowns will be at tea party rallies next to a deluded fool on Social Security holding signs saying "Keep government's hands off our Social Security and postal service."

    The reason is of course jobs in districts that have big postal facilities. When one of your tea party republican congresscreeps demand a postal facility in his/her district be closed, then you guys will have some integrity. Now you're nothing but Limbaugh and Fox News sheep.
    Aug 11 09:10 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
1,426 Comments
1,940 Likes