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  • AT&T receives FCC waiver, to roll out Wi-Fi calling [View news story]
    Some people believe that government should be abolished and the society should return to feudal order, so wealthy people have full control of everything.
    Oct 7, 2015. 04:35 PM | 2 Likes Like |Link to Comment
  • Puerto Rico - Pirates Of The Caribbean To Bond Investors - You Get What's Left, If Anything [View article]

    You, probably don't know that the average household income is significantly lower than Mississippi, the lower among the states. You, probably, don't know that the sales tax is currently 11.5%, and it is going to be raised during the next weeks. You probably don't know that all the goods imported from the US are soundly expensive because, by federal law, we have to import goods using the US merchant marine, and no one other. You probably don't know that the people of Puerto Rico used to pay electricity at a rate of $0.30 Kwh, and it is lower now only because of the lower prices on oil.

    There are many things you don't know because you don't have to work two different part-time jobs at $7.25 per hour, without any benefit (having a bachelor or higher degree) in a country where Walmart receives incentives from the government, to make business here.

    Yes, Puerto Rico is a tale of two countries, as well as the US. We, here, have wealth redistribution in the same way that the GOP enjoys the present wealth redistribution in the US: to the top tier. But the top tier isn't asked to pay.

    Regards, Alberto
    Sep 15, 2015. 05:45 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Global Markets Mixed As Fed Approaches Center Stage [View article]
    But some people make $9 per second. Do they have skills for that?
    Sep 14, 2015. 09:06 AM | 8 Likes Like |Link to Comment
  • Puerto Rico - Pirates Of The Caribbean To Bond Investors - You Get What's Left, If Anything [View article]
    "Padilla's predecessor, Governor Fortuna (sic) accelerated economic reforms, laid off 30,000 employees and likely would have continued on that path if he had been re-elected."

    As a result, about 60,000 jobs were lost in the private sector, and the recession became deeply worst. People is leaving the country at a rate of one thousand families per week. Yes, if Fortuño had been reelected, the lay off of government employees would be now, probably over 50,000, the private jobs destroyed over 100,000, and we would be incredibly worst.

    If property taxes are raised, the rate of migration to the US will also raise. The result will be a record number of houses foreclosed by banks. This is too simple: there is no money in people's pockets to pay more taxes.

    Coming next, the government has no cash in hand to pay salaries, and of course, a health, security and public services shut down will be inevitable. After that, all those "purely political reasons" will soon change minds of the president and the Congress.
    Sep 13, 2015. 03:25 PM | Likes Like |Link to Comment
  • AT&T accepts nearly $3B in rural-broadband federal funding [View news story]
    Bacause, otherwise, service won't be available for undeveloped areas.
    Aug 27, 2015. 06:07 PM | 7 Likes Like |Link to Comment
  • Puerto Rico Bond Fight - There Will Be Blood! [View article]
    AS it happened with the housing market crash, both, government and bondholders are accountable for this mess. Irresponsible administrations during the 70's, 80's, 90's, and even last decade, brought us to this point. Institutional investors can't say they were unaware of the outcome.

    Now, people of Puerto Rico pay a sales tax of 11.5% and taxes on gasoline have the price in $2.65 per gallon. Unemployment is on the rise, and one thousand families move to Florida every week.

    Certainly, there will be blood, and it seem pretty clear that Zamansky love blood. After 2020 US Census, Congress will realize that to promote massive migrations from the island to the states wasn't a good idea, after all. Florida, the state that elected the president in 2000, 2008 and 2012, will no longer be a swing state and will become a blue state, with more electoral weight than New York.

    For some people, blood will have a bitter aftertaste.
    Aug 15, 2015. 12:24 PM | 1 Like Like |Link to Comment
  • A Nice Day To Be Long GE [View article]
    I hope all those Immelt's haters sold the stock at $24.
    Apr 11, 2015. 06:49 AM | 21 Likes Like |Link to Comment
  • Why I May Finally Buy GE Again After Its Major Spin-Off [View article]
    GE is finally leaving the Welsh nightmare behind. Almost like it never happened.
    Apr 10, 2015. 05:00 PM | 6 Likes Like |Link to Comment
  • GE leads round of Texas oil layoffs, cuts 330 jobs [View news story]
    Yeah. And we need thousands of lawyers, doctors and restaurant managers.
    Feb 3, 2015. 03:13 PM | 1 Like Like |Link to Comment
  • GE leads round of Texas oil layoffs, cuts 330 jobs [View news story]
    Yeah. Is fun to make fun of other people's lives.
    Feb 2, 2015. 06:05 PM | 21 Likes Like |Link to Comment
  • General Electric Needs To Earn Back Its Credibility [View article]
    Sell, haters, sell. You have no idea how boring you guys are with the "Immelt has to go" childish crying. Sell your shares and get a hobby.
    Jan 29, 2015. 07:52 PM | 4 Likes Like |Link to Comment
  • General Electric: Abracadabra... Over 20% Upside Potential Materializes For 2015 [View article]
    But they can promise that a buyback will actually be reflected in the payout ratio. Good enough for me.
    Jan 25, 2015. 01:29 PM | Likes Like |Link to Comment
  • 2 Natural Gas Stocks To Buy [View article]
    If author is not long, there is no skin in the game. If author is long, he is trying to push the price of the stock for personal gain. This subject has been exhaustively discussed in SA.
    Jan 25, 2015. 11:53 AM | 14 Likes Like |Link to Comment
  • The Dollar Dilemma And What It Means For Investors [View article]
    Absolutely agree, Philip. Tax cuts for the middle class (or working class) stimulate the economy, because allow increase in spending. Tax cuts for people who make millions don't stimulate spending.
    Jan 18, 2015. 05:13 PM | 1 Like Like |Link to Comment
  • The Dollar Dilemma And What It Means For Investors [View article]
    Tax cuts are also free handouts, with a nice bit of immorality.
    Jan 18, 2015. 02:29 PM | 3 Likes Like |Link to Comment