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  • Wall Street Breakfast: Bailout Talks Around The World [View article]
    "'tax voucher' for 'school choice' would do nothing for most students from impoverished families. Typically no 'good' school near them and the cost of transportation would be problematic if not prohibitive.
    It is essentially another tax payer subsidy for the well-to..."

    1 - Improvements are made on the margins - Enough kids would transfer to better schools to start a snowball effect and the fairytale job description and work product of most educational bureaucrats would have to turn to real results.

    2 - The possibilities or actualities of abuse never stopped any liberal spending spree.
    Jul 31, 2015. 01:54 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Bailout Talks Around The World [View article]
    Bob 123 : "If you want to eliminate welfare, then bring back the jobs."

    I thought the Anointed One in the White House already did that.

    Regarding Pennywatchdog exceptifitistaxes: Yes, rent to some of these families on Section 8 for awhile and you realize how their ridiculous choices landing them back on the public expense account keeps recurring generation after generation and that even workers in the government agencies with some experience will not express the PC crap voters and Seeking Alpha readers are forced to endure from defenders of people too many of whom are the farthest remove from helpless when it comes to getting into our pockets.

    Let's actually improve their lives with better education, starting with tuition tax vouchers (school choice) since competition for students is the only way they will ever stop the disgraceful downward achievement spiral that sees every new dollar wasted on more bureaucracy, more rules and more insane initiatives handed down from on high that DON'T WORK. Which hits the schools and future prospects of those in low-income districts the hardest.
    Jul 31, 2015. 01:38 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Bailout Talks Around The World [View article]
    "Wonder how the Dems will spin that to their advantage as it will finally show that their do nothing strategy on SS is irresponsible and no solution."

    That's really easy: With the usual guaranteed assistance of brain-dead MSM spin for low-information voters with their hands out along with the same from the bright lights of academia, the blame will always land on the laps of Republicans. Which never stops; Reagan and Bush are always deemed responsible for every one of Obama's shortcomings along with "uncooperative" Republicans currently.

    Which brings to mind the endlessly pathetic performance of Republicans trying to please their opponents no matter what they are in charge of since Reagan, and it is evident how much hardworking Americans appreciate someone such as Donald Trump who appears ready, willing and able to knock heads and step on important people to actually throw reality into discussions that always bog down into the usual PC DC miasma that is killing our nation.
    Jul 31, 2015. 11:31 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Bailout Talks Around The World [View article]
    "Can't ANY organization get organized and do their job?"

    Exactly. The game for a very long time which has built Western bureaucracy and centralized control to it's present heights of extravagance and dysfunction has been to become a suit, "address" problems in due time (as opposed to solving them), ask for more delays, time to study, more staff and funding, and then dribble out something that passes as work product. After an inanely slow and expensive implementation process that steps all over private productive citizens and entrepreneurs, "unintended consequences" lead to more studies, more staff, more authority and money, and more lack of positive results in the real world....

    Wash, rinse, repeat.
    Jul 31, 2015. 08:25 AM | 25 Likes Like |Link to Comment
  • Situation Critical: Everything's Starting To Crash [View article]
    "How does this suggest $32 oil?"

    Weak demand is the ultimate problem in the oversupplied oil sector, particularly in China. It is not picking up despite plunging prices because the world economy has been on life support via insane pretend and extend abuses of already peak debt. More incredibly overdue and now more massively destructive gales of "creative destruction" will now transpire that will only be the worse due to such massive over- and malinvestment as China's ghost cities et al and the US fracking industry.

    These reached their present herclulean levels of excess due the most concerted policymaker and elite efforts to stifle true market price discovery ever thus creating history's largest bubbles driven by record levels of debt that also manage to fetch alltime record high prices somehow.
    Jul 30, 2015. 10:35 AM | 3 Likes Like |Link to Comment
  • The South American Financial Crisis Of 2015 [View article]
    There is always the question of whether the markets walking like a duck (extreme bearish divergences, high valuations, low bearish sentiment and commodities and junk bonds crashing) and quacking like a duck, can defy reality via money pumping just as the entire bull "market" has been pretended and extended mostly on just this manipulation.

    Peak debt combined with miserable results on Main Street do not legitimately create conditions for sustainable record highs for financial paper, and one will likely be reconciled to the other fairly soon. The wall of worry builds as the periphery is crumbling and China is sustaining it's bull "market" at the point of a gun, so the goldilocks era of the "wealth effect" that never really trickled down would seem to be drawing to a close.
    Jul 30, 2015. 08:43 AM | 1 Like Like |Link to Comment
  • Open Letter To Alexis Tsipras [View article]
    If they have any, it's probably under US "care" along with the gold the Germans can't get back.

    Hopefully not, because this article shows with great clarity the way forward from bankster-initiated economic simulation.
    Jul 29, 2015. 08:35 AM | 1 Like Like |Link to Comment
  • Testy Tuesday: Bouncing Back To Bull? [View article]
    "...they wont even let that guy in the ballpark."

    He's not afraid to think outside the box and speak up about it.
    Jul 28, 2015. 03:14 PM | Likes Like |Link to Comment
  • Testy Tuesday: Bouncing Back To Bull? [View article]
    Um, no, the machine is the main driver of today's "markets," and every bit of information we can glean about the manipulation and immediate technical goals of the puppetmasters sets the stage for promising trade set ups, and chart and economic analysis. We need constant reminders of the depths to which these people lower themselves as a normal way of doing business to better protect ourselves.
    Jul 28, 2015. 02:37 PM | 3 Likes Like |Link to Comment
  • 3 Reasons The Starbucks Run Will Continue [View article]
    Thanks for asking. If the whole Western debt ponzi collapses and millions are in real want, not just collecting government checks to stay home, watch cable TV on giant flatscreens and make babies, and entire consumer economies are forced to retrench which I fully expect, no amount of focus or management talent can grow a brand that is ultimately a nice treat but also an extra-cost frill most can do without.
    Jul 27, 2015. 09:55 PM | 3 Likes Like |Link to Comment
  • 3 Reasons The Starbucks Run Will Continue [View article]
    Starbucks customers find Dunkin Donuts coffee to be undrinkable swill, and their tea, the same mass market stuff found in the grocery store, same reaction. Amazingly, Dunkin Donuts customers' taste buds are so jaded that they seem to prefer their choice irregardless the price and culture difference, which would keep them away anyway.

    Starbucks stock melted down in the 2008 crash and they were widely considered a frill consumers would downsize out of their budgets for a long time. If the Bernanke/Yellen debt expansion for wealth effects formula fails the problem of expensive Starbucks offerings becoming dispensable by their customers will reappear, perhaps for a much longer time. Although the excellent focus that renewed the company upon the return of founder Howard Shultz to lofty success today may sustain them even then.
    Jul 27, 2015. 07:28 PM | 2 Likes Like |Link to Comment
  • Why EPS And Share Price Don't Predict Future Performance [View article]
    "....for example, a company with a lot of cash suddenly found its stock trading below true book value, then it would seem reasonable to use cash to buy back stock."

    Actually the timing record of US corporate stock buybacks couldn't be more dismal. They ALWAYS go all in at the top and cut way back at market bottoms. It's all driven by hype, quarterly C-suite bonuses and the Wall Street casino, and rarely is the future considered far enough with enough intelligence by these overpaid pampered windbags to deem their misallocation of corporate funds and debt as realistically "confident about future prospects."
    Jul 27, 2015. 05:40 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Chinese Shares Burst Government Support Dam [View article]
    "The state gave away a LOT of money and got nothing in return - nor asked for any of the tax incentives back. Beware of the "deals" in your state. They could be just as bad."

    Among Connecticut's continuing parade of such taxpayer-screwing deals: The Connecticut Trash Authority paid Enron $220 million upfront in 2001 in a deal to generate electricity from trash for "guaranteed" monthly payments back to the state, lost it all almost immediately and raised household fees in 70 towns $50/year to make up the shortfall. The trash authority employed the same law firm to write up the deal that was also Enron's chief lobbyist in the state.

    No politician or state official received any penalty for that piece of work.
    Jul 27, 2015. 10:47 AM | 3 Likes Like |Link to Comment
  • Rude Awakening For Those Who Ignored The Energy Markets' Warning Signs [View article]
    "One thing that hasn't reacted to lower oil prices, is gas at the pump."

    That is mostly true in your state, the People's Republic of California, which has the distinction of the nation's highest prices and I believe, the only per-gallon price over $4.00. Usual leaders in this hall of shame, Connecticut and Hawaii, have taken a rare back seat this time thanks to predatory taxes that have skyrocketed even faster in California and much faster than the actual price of the delivered product has declined.

    If US voters ever learn to shun politicians playing Santa Claus, Americans who work for a living may get a break. Unfortunately, dependency on government "largesse" is a habit that is growing, especially in over-regulated unionized tax hellholes such as California, Connecticut and Illinois, and seems set to keep expanding until the whole mess of debt and unbearable tax, fee and regulatory increases finally overwhelm what remains of the productive private US economy.
    Jul 27, 2015. 08:03 AM | Likes Like |Link to Comment
  • What Everyone Is Missing About IBM [View article]
    Glenn Abrett - It may well be true that IBM retains a core of the most amazing people doing the best work anywhere. Unfortunately, the upper management makes more of an impression that it is interchangeable with any other typical major American corporate C-suite and that it would be making the same cost-cutting, quarterly bonus-enhancing moves that eventually run out of runway absent a potential major success that they might not have a clue of how to inspirationally allocate resources to cultivate into fruition anyway.
    Jul 23, 2015. 09:29 PM | 1 Like Like |Link to Comment