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  • Feb. Retail Sales: +1.1% vs. +1.2% expected, +0.6% (revised) prior. Ex-auto +0.9% vs. +0.7% expected, +1.1% (revised) prior.  [View news story]
    Yeah but....
    http://bit.ly/Ai6dpR
    Mar 13 10:08 AM | Likes Like |Link to Comment
  • Blocked by Mexican regulators from tapping television in his home country, Carlos Slim (AMX) is entering a less-protective market, financing an internet TV network that will include an interview show hosted by Larry King and could be running by October. But for all his billions, Slim has little experience with TV content, and analysts don't have a handle on his business model.  [View news story]
    A raccoon rummaging through a garbage can will draw a bigger audience then Larry King. At least the noise will keep you awake.
    Mar 13 12:24 AM | Likes Like |Link to Comment
  • The U.S. government ran a $231.7B budget deficit in February, the Treasury Department reports, up substantially from the $222.5B deficit in the same month last year. Receipts were $103.4B, and outlays were $335.1B. Fiscal YTD, the deficit is $580.8B, $60.4B less than at the same period last year.  [View news story]
    I hope you are joking, because this is quite ridiculous.
    ABC poll:

    Overall approval: 50/46 in Feb, 46/50 in Mar (8 point difference in the gap)

    Economy: 44/53 in Feb, 38/59 in Mar (10 point difference in the gap)

    Deficit: 38/58 in Feb, 32/63 in Mar (11 point difference in the gap)

    Afghanistan: 53/43 in Feb, 46/47 in Mar (9 point difference in the gap)
    Mar 12 05:49 PM | Likes Like |Link to Comment
  • The U.S. government ran a $231.7B budget deficit in February, the Treasury Department reports, up substantially from the $222.5B deficit in the same month last year. Receipts were $103.4B, and outlays were $335.1B. Fiscal YTD, the deficit is $580.8B, $60.4B less than at the same period last year.  [View news story]
    The best managed administration....ever!!!
    Mar 12 02:23 PM | 4 Likes Like |Link to Comment
  • "We can't just drill our way to lower gas prices when we consume 20% of the world's oil," President Obama says during his weekly address. Obama took the opportunity to advocate for his "all of the above" strategy, that relies less on foreign fossil fuels, and more on: "solar, wind, natural gas, biofuels, and more."  [View news story]
    Brought us back?? We're no where near back until the unemployment participation rate goes way up from where it is now. He spent almost a trillion dollars on BS stimulus and we still have almost 15% (U-6) unemployment
    Mar 11 10:33 PM | 2 Likes Like |Link to Comment
  • The middle of dumpy Detroit, not far from boarded-up houses and a garbage incinerator, seems like an odd location for a swank Whole Foods (WFM) store, but construction is about to begin there. The nearby vegetable gardens and Eastern Market represent "people's connection to food," a WFM exec says, but tax credits and grants certainly don't hurt.  [View news story]
    You've obviously never worked or shopped in an inner city grocery store and I bet you wouldn't drive within 20 miles of this new store.

    I believe every neighborhood deserves access to healthier foods, but I stand by my statement 100%. Just because you provide the access to the better, healthier food isn't going to change peoples eating habits, especially if they have to pay more for it. If you like deep fried or spicy food, you're not going to spend $4.50 per pound for a salad bar meal.
    Since there are more meth heads and crack heads than ever before I should have included car jacking in the parking lot, take your car and groceries at the same time. The store really has no responsibility to police it's own parking lot just like they are not liable for your car getting hit by a shopping cart.
    Mar 11 04:44 PM | Likes Like |Link to Comment
  • "We can't just drill our way to lower gas prices when we consume 20% of the world's oil," President Obama says during his weekly address. Obama took the opportunity to advocate for his "all of the above" strategy, that relies less on foreign fossil fuels, and more on: "solar, wind, natural gas, biofuels, and more."  [View news story]
    I plan on being 100% in equities the day after Obama is voted out of office. The market will have it's best day since the Chicago mafia took over the White house.
    Mar 10 09:59 PM | 3 Likes Like |Link to Comment
  • "We can't just drill our way to lower gas prices when we consume 20% of the world's oil," President Obama says during his weekly address. Obama took the opportunity to advocate for his "all of the above" strategy, that relies less on foreign fossil fuels, and more on: "solar, wind, natural gas, biofuels, and more."  [View news story]
    The latest Rasmussen polls show Obama losing to both Romney and Santorum. His negative polling will only go up from here as the price of gas rises. He is failing the American public on every level with his socialist ideology.

    http://bit.ly/uTYQcP
    Mar 10 06:33 PM | 2 Likes Like |Link to Comment
  • "We can't just drill our way to lower gas prices when we consume 20% of the world's oil," President Obama says during his weekly address. Obama took the opportunity to advocate for his "all of the above" strategy, that relies less on foreign fossil fuels, and more on: "solar, wind, natural gas, biofuels, and more."  [View news story]
    Yes, the Dems are very worried and they know the Senate and Presidency are lost.
    Mar 10 06:22 PM | 2 Likes Like |Link to Comment
  • "We can't just drill our way to lower gas prices when we consume 20% of the world's oil," President Obama says during his weekly address. Obama took the opportunity to advocate for his "all of the above" strategy, that relies less on foreign fossil fuels, and more on: "solar, wind, natural gas, biofuels, and more."  [View news story]
    Yes, he was right "energy prices will necessarily skyrocket". He predicted it and he made it happen.

    http://bit.ly/yV0aSn
    Mar 10 05:02 PM | 9 Likes Like |Link to Comment
  • "We can't just drill our way to lower gas prices when we consume 20% of the world's oil," President Obama says during his weekly address. Obama took the opportunity to advocate for his "all of the above" strategy, that relies less on foreign fossil fuels, and more on: "solar, wind, natural gas, biofuels, and more."  [View news story]
    President Romney is going to use an "all of the above" approach to energy too. Drilling on federal land and in the ocean will be at the top of the list.
    Obama has outsmarted himself and will be seen as the second coming of Jimmy Carter.
    Mar 10 04:56 PM | 8 Likes Like |Link to Comment
  • A sobering spin on the jobs report is to gauge how far the economy still has to go. Using the Labor Department's numbers, after the recession wiped out 8.8M jobs in about two years, the economy has only generated back about 3.45M in the following two. At a pace of 227K per month, it will still take a couple more years to get back to pre-financial crisis employment levels. [View news story]
    President Romney will fix all of this. Ha ha
    Mar 9 07:37 PM | Likes Like |Link to Comment
  • The middle of dumpy Detroit, not far from boarded-up houses and a garbage incinerator, seems like an odd location for a swank Whole Foods (WFM) store, but construction is about to begin there. The nearby vegetable gardens and Eastern Market represent "people's connection to food," a WFM exec says, but tax credits and grants certainly don't hurt.  [View news story]
    The other issue with these stores is that they will charge 30% more for an item to cover security, knowing the shopper is paying with free government money. Once you are out the door they are not responsible for what happens.
    Mar 9 06:21 PM | 1 Like Like |Link to Comment
  • The middle of dumpy Detroit, not far from boarded-up houses and a garbage incinerator, seems like an odd location for a swank Whole Foods (WFM) store, but construction is about to begin there. The nearby vegetable gardens and Eastern Market represent "people's connection to food," a WFM exec says, but tax credits and grants certainly don't hurt.  [View news story]
    The government has to be bankrolling this, no sensible grocer would build a store in this type of neighborhood of Detroit. No prejudice here but I know the grocery business, with extra security guards and shrinkage (theft) and the fact that people will be scared to shop there (even in the daytime), it is a money loser from the start. That is why there are no grocers in the inner city except mom and pop and those are few and far between. Anywhere there is money for a crackhead to steal they will be there and you won't be safe. I don't care how much government money you throw at an inner city grocer, people will not shop there unless an armed guard escorts them to their cars and beyond.
    Mar 9 05:38 PM | 1 Like Like |Link to Comment
  • The ISDA has, in fact, determined a "credit event has occurred with respect to Greece," and schedules an auction date of March 19 for the defaulted bonds to set the CDS payout price. (earlier)  [View news story]
    I'm surprised they announced it before the markets closed, kind of like an Obama Friday night document dump. Fewer people watch the weekend news and it kind of slips by unreported.
    Mar 9 03:06 PM | 3 Likes Like |Link to Comment
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