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rw84041

rw84041
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  • Ben Bernanke At Jackson Hole [View article]
    It was a general question, not just for you. I have heard that arugment a lot and was wondering if people have heard this themselves or are they just going with Fox News talking points? I do wonder how someone who risks capital is deserving of better tax treatment then someone who risks their lives to earn a living? If a business owner has a bad day on the job they may lose money, if a policeman or military member has a bad day on the job then their family gets a crisply folded flag at a funeral.
    Sep 3 12:30 AM | 4 Likes Like |Link to Comment
  • Why The Fed Will Ease In September [View article]
    Bernanke took office as Chairman on Feb 1, 2006 meaning he was appointed by President Bush and confirmed by a Republican controlled Congress. I hope all the right wingers remember that the next time they start complaining about the Fed's interference in the markets.
    Sep 2 11:47 PM | 3 Likes Like |Link to Comment
  • Why The Fed Will Ease In September [View article]
    freefdawatchlist,

    Romney would have to deal with Bernanke for one year until his second term as Chairman ends January 31, 2014. If Bernanke is sure he won't be reappointed as Chairman then he would have little incentive to care what Romney think. Even if he isn't reappointed Chairman of the Federve Reserve, his term as a Board member doesn't end until January 31, 2020 so he will be around the Fed for a while.
    Sep 2 11:30 PM | 3 Likes Like |Link to Comment
  • Ben Bernanke At Jackson Hole [View article]
    Uncle Pie, Bernanke can not be fired by politicians on a whim.

    "The members of the Federal Reserve's Board of Governors serve very long terms (fourteen years), and, once appointed and confirmed, they may not be removed from office by either President or Congress (except through a cumbersome process of impeachment by Congress for serious violations of the criminal law). Because the President can not fire them from their positions before their fourteen-year terms expire, members of the Board of Governors normally feel relatively free to ignore or oppose the President's preferences when they make U.S. monetary policies."

    Unless Congress plans on impeaching Bernanke for Treason he isn't going anywhere.
    Sep 2 11:03 PM | 1 Like Like |Link to Comment
  • Ben Bernanke At Jackson Hole [View article]
    How many wealthy people do you know that have passed on a money making opportunity because of tax rates alone?
    Sep 2 10:52 PM | 3 Likes Like |Link to Comment
  • This Fiscal Cliff Might Be Steeper Than You Think [View article]
    A budget hasn't been passed because the Repubs filibuster damn near everything. How exactly would Romney be different than Bush? They are both ivy league educated, businessmen from wealthy families who have a lot of similar ideas. I would never say Obama didn't f*ck up but why vote in a guy who is going to do the same thing that failed for 8 years under Bush?
    Aug 27 11:41 PM | Likes Like |Link to Comment
  • Fairy Tale Friday: EU Leaders 'Wish' Greece Can Stay [View article]
    Why won't Romney release 12 years of tax returns like his Father did? Is he afraid we will find out he took advantage of tax amnesty laws to come clean about the money he hid in offshore tax shelters?
    Aug 27 11:37 PM | Likes Like |Link to Comment
  • This Fiscal Cliff Might Be Steeper Than You Think [View article]
    I don't envy the rich. I don't see how you get that from my comments. What upsets people is how people like Romney get away with paying 13% tax rates because they risked capital to make money but people who have to risk their lives to earn their money like military members, fire fighters, and police officers have to pay a higher tax rate. If the Wall Street types like Romney have a bad day on the job they loose some money, if those military members/firefighters/p... officers have a bad day on the job their families may get a folded flag handed to them at a funeral.
    Aug 26 04:20 PM | Likes Like |Link to Comment
  • This Fiscal Cliff Might Be Steeper Than You Think [View article]
    We have plenty to lose as a nation with this fiscal cliff fast approaching. I don't see how Romney's economic policies would be any different then what Bush tried and we saw how well that worked out. I think if most people understood our government they would realize the real problem is Congress. The President doesn't decide our nation's budget or how Federal money is spent, that power is delegated to Congress. Everyone needs to remember that the President can sign stuff into law only AFTER it is sent to him by Congress. The President has zero legislative authority. All those people complaining about how Obama has ran up X amount of dollars on the deficit need to remember that Speaker Boehner and his Republican colleagues signed off on those Authorization and Appropriations Acts along with the Dems.
    Aug 26 04:10 PM | Likes Like |Link to Comment
  • Fairy Tale Friday: EU Leaders 'Wish' Greece Can Stay [View article]
    Congress has more sway on economic matters then either Bush or Obama so the 435 clowns sitting in Congress deserve the biggest blame.
    Aug 25 12:46 AM | 3 Likes Like |Link to Comment
  • This Fiscal Cliff Might Be Steeper Than You Think [View article]
    jtom, if you think Romney is going to fix Washington any better then any of his predecessors then you are dreaming. Why should I buy the idea that a rich guy who was never middle class a day in his life and made a career in the private equity field destroying jobs for profit is going to go to D.C and do a damn thing for the middle class? Obama has f*cked up on some things and is not perfect but Romney would be a dream come true for the corporate crowd. If anyone thinks Romney would go against the wealthy class in defense of the Middle Class then I have some beach front property in Arizona to sell you.
    Aug 24 11:31 PM | Likes Like |Link to Comment
  • Gold Might Be A Good Trade, But It's A Poor Investment [View article]
    How will that work in a "collapse of law and order" scenario?
    Aug 24 11:18 PM | Likes Like |Link to Comment
  • Gold Might Be A Good Trade, But It's A Poor Investment [View article]
    I wouldn't try that because it would be pointless, that is why I am a dividend growth investor.
    Aug 21 12:45 AM | Likes Like |Link to Comment
  • Gold Might Be A Good Trade, But It's A Poor Investment [View article]
    Dondon, try walking into Walmart and buying groceries with gold. Try walking into a car dealership and buying a car with gold.
    Aug 21 12:10 AM | Likes Like |Link to Comment
  • Groundhog Day: Will September's Sell-Off Repeat? [View article]
    I am looking for to the price drop in September, I am looking for an opportunity to back up the truck.
    Aug 19 08:40 PM | 1 Like Like |Link to Comment
COMMENTS STATS
517 Comments
417 Likes