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WMARKW

WMARKW
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  • The Core Problem Of The World Economy And With Capitalism Is Income Distribution [View article]
    BTW - I heard on the Radio this morning on the way to work. Top 3 earners under 30 in music industry include Justin Bieber, Taylor Swift, and a group One...something or other. Each of the 3 making $60 - 80 million a year. Add to that anyone in entertainment industry and in sports, and you will find, I guess, zero inheritors within their ranks.
    Nov 25, 2014. 05:38 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Santander CFO Alvarez Named New CEO [View article]
    RIQ....again, really? You choose to "abuse" the 10% of the women you meet. I dare say you are not forced into such a situation by some situation that have placed yourselves in involuntarily with them.

    Do you think Officer Wilson went looking for an engagement that day? I dare say no. Most police officers, I would suspect far greater than 90%, would involuntarily find themselves in a situation where decision making is required, and where based on the extremities of the situation their actions may be the result of a bad decision, but one not characterized by "pre-meditated".

    Sad that police departments would even have to consider using body cameras as a "defense" mechanism.
    Nov 25, 2014. 04:43 PM | 1 Like Like |Link to Comment
  • Sell, Sell, Sell... The Central Bank Madmen Are Raging [View article]
    Buybacks have averaged near or over $500 billion a year for the past for roughly 2006, 2007, 2011, 2012,and 2013. So, the interesting question is what happened to that money. It didn't go into savings. I suspect if you were a shareholder receiving a cash payment for a buyback (sale in open market transaction) you took your money and re-invested it is the market... a place that has decidedly less shares outstanding today than it did 5 years ago.
    Nov 25, 2014. 04:31 PM | Likes Like |Link to Comment
  • Sell, Sell, Sell... The Central Bank Madmen Are Raging [View article]
    JasonC. I haven't done the research, but I suspect that the historically significant recapitalization of public companies trading debt to repurchase equity has had a lot to do with expanded EPS.
    Nov 25, 2014. 03:43 PM | Likes Like |Link to Comment
  • The Core Problem Of The World Economy And With Capitalism Is Income Distribution [View article]
    Please....no single individual or group of individuals can expand their personal credit beyond their ability to expand their income. With stagnant real wages, the credit available to middle class is basically MAXED out. The only way out in the future is to expand incomes.
    Nov 24, 2014. 03:46 PM | Likes Like |Link to Comment
  • Sell, Sell, Sell... The Central Bank Madmen Are Raging [View article]
    What you leave on the table in the future depends on your ability to predict a good exit point.
    Nov 24, 2014. 03:32 PM | Likes Like |Link to Comment
  • How Income Redistribution Could Help Stabilize The Economy [View article]
    mlbex....perhaps you would care to expand on your definition of how the "system" systematically loots peoples resources.

    My bargaining power to keep up with inflation comes from my ability to pursue a promotion and increase my compensation. It comes from my ability to make wise decision about how I spend my money. It comes from an informed approach about how to use credit to avoid being raped by consumer credit cards. It comes from my ability to use something I purchase to get full value out of it before I decide to throw it away and buy something to replace. It comes from my ability to identify an investment that provides me a return that will keep up with inflation or exceed it.

    Some people are incapable of understanding how to work within the system. Many people are too darn lazy to figure out how to work within the system. I have two daughters who have spent more time and energy trying to figure out how to take advantage of the welfare system than it would have taken them to get a college degree and make a good living. Strange isn't it.
    Nov 24, 2014. 01:52 PM | Likes Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    Oh, the truth comes out....Alexander IS A GOLDBUG !
    Nov 24, 2014. 01:42 PM | 4 Likes Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    Alexander,

    You wrote:

    "John Kastanes wrote:

    "Metal prices are determined by banksters"

    I love it. When precious metal investors make money, it's because they are smart and deserve their gains. When they lose money, it's the fault of the evil banksters.

    I wish I had a ready-made excuse for all the trades I have f'd up."

    You obviously had a comment, but your comment had nothing to do with John's comment. Why is that? I suspect you have no knowledge of the issue of gold or other commodity price manipulation.
    Nov 24, 2014. 01:37 PM | 3 Likes Like |Link to Comment
  • Precious Metals - The Day Of Reckoning Is Coming Soon [View article]
    Alexander - "Crazed" are you serious. That's simply a crazy remark. BTW, what is your definition of a "gold bug". I would challenge you to articulate one. What does a gold bug do? How do they invest? How much gold do they own? What portion of their holdings do they hold in gold? Why do they own gold? Why do people invest in GLD? Does a gold bug invest in GLD. Does a gold bug trade physical metal? Do they trade gold derivatives? Do they own other precious metals? Are they informed about world events?

    BTW - are there such things as "anti-gold bugs" - like people who don't own gold but feel like they just have to respond to every gold related article on Seeking Alpha with a negative comment?

    Are Central Banks gold bugs? Why do they feel the need or desire to own gold? Don't you think it the height of hypocrisy that a Central Bank, whose primary method for influencing monetary policy is focused on fiat currency, feels the need to own gold, trade gold swaps/futures, etc.?
    Nov 24, 2014. 01:34 PM | 20 Likes Like |Link to Comment
  • It's Way Too Early To Write The Obituary Of Abeconomics [View article]
    Lack of government intervention? You mean in housing? Really?
    Nov 23, 2014. 11:37 AM | Likes Like |Link to Comment
  • The Core Problem Of The World Economy And With Capitalism Is Income Distribution [View article]
    There are plenty of opportunities for productivity improvement. The latest example is drink pouring machines at McDonald's, an example that simply shows that at all stages of the production process - no matter what the industry - automation is taking over.

    My company does banking business in Hong Kong. I have a token that allows me to login and wire transfer money. It takes me about 3 minutes. After that it is all electronic.

    I am sitting at the airport today. I am watching automated cargo loading into Delta airplane hold.

    Under the airport, all the baggage is handled with automation and bar coded tags.

    Automobile engines are so advanced - at least the good ones - that very little mechanical maintenance is required - even up to 200,000 miles.

    I can install wireless camera's in my house and connect to any number of home security systems.

    Now I go online and make my hotel and airline reservations...don't need a travel consultant any more.

    In my company, the A/P process is now paperless...meaning we don't save or file paper, only electronic documents.

    Now consider that in these few simple examples...there is commensurate loss of middle income jobs. Those at the left half of the "bell shaped curve" are the victims. The response is, unfortunately, better education and a focus on marketable talents. Sadly I don't think k-12 or the University systems are producing. Maybe there should be pay for performance there.
    Nov 23, 2014. 11:26 AM | 2 Likes Like |Link to Comment
  • The Core Problem Of The World Economy And With Capitalism Is Income Distribution [View article]
    Latest figure I saw - if I remember correctly - from analysis of Forbes wealthy was 17% came from inheritance.
    Nov 23, 2014. 11:17 AM | Likes Like |Link to Comment
  • The Core Problem Of The World Economy And With Capitalism Is Income Distribution [View article]
    So credit creates consumer demand? How about income and savings?
    Nov 23, 2014. 11:15 AM | Likes Like |Link to Comment
  • The Core Problem Of The World Economy And With Capitalism Is Income Distribution [View article]
    Capitalism is not the source of the evil. Global competition and an unwillingness of the American workforce to crank it up a notch are the culprits. Instead of US workers becoming more prized and valued, many have chosen to "take it easy" and "rest on their laurels".
    Nov 22, 2014. 09:21 PM | 2 Likes Like |Link to Comment
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