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Killer454

Killer454
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  • Wall Street Breakfast: European Markets Face Syriza Victory [View article]
    "But it does impact interest rates, spending and savings patterns - and that can lead to more economic growth i.e. wealth creation. That's the whole point."


    Just like Keynesian economic, theory that particular contention has never been proven to be so.
    Jan 26, 2015. 08:45 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: European Markets Face Syriza Victory [View article]
    "Welcoming the ECB's decision to embark on a huge bond-buying spree, he noted that the move could be "great for the world economy,"

    Yeah - creating money out of thin air is always a great economic benefit - NOT.

    Money is merely a symbolic representation of wealth - it is not wealth itself and creating more of it does not create any more wealth.
    Jan 26, 2015. 07:59 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Poised To Launch Quantitative Easing [View article]
    "The tobacco industry has fiercely resisted the new law, arguing that plain packs infringe on the intellectual property rights covering brands."

    And the tobacco industriy is 100% correct about that.
    Jan 22, 2015. 08:12 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Majors Cut More Jobs As Crude Slides [View article]
    The biggest enablers of gambling are governments themselves.

    They are called state lotteries.
    Jan 16, 2015. 08:12 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Majors Cut More Jobs As Crude Slides [View article]
    No gggl, it was Russia that started the whole thing by encroaching into Ukrainian territory.

    Russia had zero authority to do that regardless of anything that was happening within Ukraine itself. Russia's claim of an alleged right to protect "Russian speakers" or ethic Russians in Ukraine was - and is -total BS.
    It was nothing more than an excuse for Putin to engage in a futile attempt to rebuild the old Soviet Union - which was itself a totally illegitimate state.
    Jan 15, 2015. 09:01 AM | 15 Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Majors Cut More Jobs As Crude Slides [View article]
    Ukraine isn't any more "FUBAR" that Russia itself.
    Jan 15, 2015. 08:05 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: ECJ Adviser Backs ECB Bond Plan [View article]
    "This makes me wonder why there are laws in the first place preventing cities and localities from building their own high-speed broadband networks. A result of the broken lobby system? The more competition in the broadband sector the better."

    Because government entitites have an unfair competitive advantage - they don't have to pay any taxes or fees as private sector competitors do.

    The private companies would be paying local taxes to the entity that is directly competing with them.

    Exempt the private sector company from paying ALL taxes that the government entity does not have to pay and they we would have level competitive playing field.
    Jan 14, 2015. 08:43 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Oil Extends Drop, Falls Below $45 [View article]
    "GM (NYSE:GM) announced it would be open to working with Google (GOOG, GOOGL) on developing self-driving car technology."

    Hmmm.

    I wonder what will happen when the operating system of one of those self driving cars gets hacked and sends the car head on into an interstate overpass support pillar at 90 mph.
    Jan 13, 2015. 08:29 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Week Begins With Healthcare Deals [View article]
    "Electric cars continued to be pushed while the future should be NG cars, and retro fitting older models"

    The future should be whatever is determined by a free market process of producers offering choices and customers determining what is of value to them - a process unencumbered by government mandates attempting to impose an industrial policy.

    The future may well included a mix of electric motor driven cars - including cars powered by hydrogen fuel cells rather than batteries.
    Jan 12, 2015. 01:13 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Week Begins With Healthcare Deals [View article]
    "No! Ford will be back to making the F-150 in steel within five years"

    Just wait until the truck owners get body shop sticker shock when they find out how much it takes to repair dents, dings and crashes on those aluminum body panels.
    Jan 12, 2015. 01:06 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Week Begins With Healthcare Deals [View article]
    Fascists and communists are both totalitarians.

    The flavor of totalitarianism makes little difference - the result is the same.
    Jan 12, 2015. 08:32 AM | 18 Likes Like |Link to Comment
  • Wall Street Breakfast: Week Begins With Healthcare Deals [View article]
    Jolt?

    The car owners can drink some Jolt Cola - while they riding in the tow truck after the car's battery runs down.
    Jan 12, 2015. 08:11 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Week Begins With Healthcare Deals [View article]
    "With Venezuela's Nicolas Maduro by his side, Iran's Hassan Rouhani urged OPEC members over the weekend to "neutralize schemes by some powers against OPEC and help stabilize an acceptable oil price in 2015."

    Those two better not hold their breaths waiting for the Sauidis to bail them out.

    It's not going to happen.
    Jan 12, 2015. 07:57 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Week Begins With Healthcare Deals [View article]
    "The draft budget for the year from April is aimed at trimming Japan's public debt, which is well over twice the country's GDP after years of sluggish growth and huge stimulus spending."

    That's the kind of hangover you get when you insist on drinking Keynesian Kool-Aid.
    Jan 12, 2015. 07:54 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: China PPI Slumps For 34th Straight Month [View article]
    "President Obama has unveiled a proposal to make community college free for the first two years, with federal funding covering three-quarters of the cost and states that participate contributing the rest"

    Another entitlement program - what could possibly go wrong with that?
    Jan 9, 2015. 08:33 AM | 17 Likes Like |Link to Comment
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