Seeking Alpha

1980XLS-2.0

1980XLS-2.0
Send Message
View as an RSS Feed
View 1980XLS-2.0's Comments BY TICKER:
Latest comments  |  Highest rated
  • The Great Western Crackup [View article]
    Peter,

    Your inabilty to gain political support from the citizens of Connecticut, proves you have it correct.

    Sad but true.
    Dec 5 05:50 PM | 10 Likes Like |Link to Comment
  • In his appearance before the House Appropriations subcommittee today, Treasury Secretary Geithner said China's holdings of Treasurys give the Asian nation no particular leverage over the U.S. "I think we are still absolutely masters of our own fate. The biggest risk to the United States is not what other countries choose to do." It's that "Washington fails to find the ability to do things together to solve problems."  [View news story]
    Only problem his boss seems genuinely concerned about, is the 2012 elections. That in itself, is somewhat of a problem.
    Mar 28 08:11 PM | 8 Likes Like |Link to Comment
  • A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B).  [View news story]
    Obama, will buy some vote by fogiving the debt.

    No worries.

    Even worse, in my state, (CT) new legislation, to forgive debt for studies in Green energy technologies.

    More picking of winners and losers.

    Please, make it stop.
    Mar 5 02:18 PM | 8 Likes Like |Link to Comment
  • Western intelligence agencies detected two nuclear weapons tests in North Korea during 2010; one or both of them may have been conducted for Iran, Welt Online says. The news may refute recent reports that the U.S. has no hard evidence of Iranian efforts to build a bomb.  [View news story]
    Zorrba.

    If your next door neighbor publicly pronounced regularly, that you had no "Right to Exist" would you defend his "Right" to posess nuclear weapons?
    Mar 4 06:59 PM | 8 Likes Like |Link to Comment
  • The Great Western Crackup [View article]
    Kramer,

    We kill people for treason?

    Really?

    Please post the last time that happened in a non-military circumstance.

    Either way, I would expect one to have to be convicted, not just "Tried" first.
    Dec 5 09:46 PM | 8 Likes Like |Link to Comment
  • After years of luring workers with the promise of lucrative pensions, state governments are now scrambling to revamp public pension policies in the face of massive budget crunches. Since 2009, 43 states have increased contribution requirements or changed the age when a retiree can get benefits, and the moves are now triggering a spate a legal and political battles over whether states are reneging on their promises to millions of public-sector workers.  [View news story]
    Why should the people be obligated to honor promises that never should have been, by past politicians, that said anything to buy votes?


    That's what the bankruptcy process is for.
    May 1 11:03 PM | 7 Likes Like |Link to Comment
  • The housing crisis is five years old. But for local governments that depend heavily on property taxes, the lag between falling home values and property re-assessments means the housing market bust is just beginning to ravage tax revenues.  [View news story]
    BS, they never cut budgets. They will simply raise the mill rates to compensate any drop in the Grand list assessment.

    Do you actually think union school teachers will accept wage concessions?
    Dec 26 04:29 PM | 7 Likes Like |Link to Comment
  • Vanguard founder John Bogle on tax fairness: "Rates may have to be changed, but we also need to look at what is taxed, and how. Dividend income should be taxed at the same rate as ordinary income. As for capital gains, there ought to be some distinction between capital made by people who start businesses, and contribute value to society, and capital made by gamblers on Wall Street."  [View news story]
    So now, not only picking winners and losers, our government will decide what legal income is more "Morally justified" in their opinion.

    Gee, That would be great. I can't wait.

    Thought we already had short vs long term cap gains rates.

    Slippery slope. Have at it. The sheeple will accept anything I see.
    Dec 22 07:50 PM | 7 Likes Like |Link to Comment
  • In the wake of the recent school tragedy in Connecticut, California Treasurer Bill Lockyer is proposing that CalPERS and CalSTRS, the state's two public pension funds, divest themselves of gun makers. "I want BlackRock (BLK), I want Credit Suisse (CS), I want everyone else to know that we're going to use our economic leverage if it's up to me, and I hope other private investors will do the same thing," Lockyer says. "They (the gun-makers) ought to feel the economic consequences of their bad behavior." [View news story]
    I thought cops needed guns?
    Dec 19 11:52 PM | 6 Likes Like |Link to Comment
  • In the wake of the recent school tragedy in Connecticut, California Treasurer Bill Lockyer is proposing that CalPERS and CalSTRS, the state's two public pension funds, divest themselves of gun makers. "I want BlackRock (BLK), I want Credit Suisse (CS), I want everyone else to know that we're going to use our economic leverage if it's up to me, and I hope other private investors will do the same thing," Lockyer says. "They (the gun-makers) ought to feel the economic consequences of their bad behavior." [View news story]
    I will buy their shares at a discount, after they sell theirs for a nice loss.

    Then they will blame me for making money I guess. Or, tax me for having profited.

    Since they don't want "Blood money" does that mean I have to pay Cap gains taxes on the shares they sold me at a discount?
    Dec 19 11:45 PM | 6 Likes Like |Link to Comment
  • Matt Taibbi serves up his newest can of vitriol for "too crooked to fail" Bank of America (BAC), "not bankers or capitalists, but a class of person that was never supposed to exist in America: royalty." BofA has defrauded everyone from investors and insurers to homeowners and the unemployed, Taibbi alleges, so why does the government keep bailing it out?  [View news story]
    No Terry,

    It was a democratic Congress that voted for TARP.

    And, if you read the story,Taibbi's criticism was much with Obama for allowing it to continue.

    And Clinton signed the Repeal of Glass-Stegal, what got us to where we are today.
    Mar 15 07:54 PM | 6 Likes Like |Link to Comment
  • Wal-Mart (WMT), McDonald's (MCD) and Starbucks (SBUX): Why do you pay your employees so little that most of them are poor? Profit margins at many big U.S. firms are near all-time highs, so there's plenty of room to pay more, but they've made the short-sighted decision not to do so. Henry Blodget thinks if they spent half their profit on better wages, it would help the employees, the companies and the economy.  [View news story]
    The Next time he goes into McDonalds I expect him to offer to pay more than what his total check would otherwise be.

    He should never use coupons, or buy anything on sale either. As that would just be taking from the workers.

    Kind of like the Hypocrite, Warren Buffett.

    Buffett, could pay taxes more than required, but doesn't.

    In fact, he owes back taxes, unpaid at even current levels for which he spins as being too low.

    http://bit.ly/r7wlK3


    Besides, If they paid more, their low income customers would no longer enjoy a dollar menu.
    Feb 18 11:55 AM | 6 Likes Like |Link to Comment
  • High gas prices may not tank the economy after all, James Hamilton asserts: "Evidence suggests that an oil price increase that just reverses a previous oil price decrease - and that is basically what we've experienced so far in 2012 - is not nearly as disruptive as if the price were rocketing into uncharted territory." The U.S. economy continues to grow, albeit at a disappointing rate, he says.  [View news story]
    Gas prices only matter, until it is Obama as president.

    What a joke.
    Apr 9 06:53 PM | 5 Likes Like |Link to Comment
  • The JOBS Act, signed by President Obama today, was built on a model that winds up more focused on pleasing Wall Street than helping small companies, says Herb Greenberg. Its intent was to make it less costly for “emerging” companies to get up and going and eventually go public. What it actually does is loosen up the rules designed to protect the investor and undermine Sarbanes-Oxley.  [View news story]
    I thought Obama was for the working Man, LOL.

    #1 campaign contributor to his 2008 campaign was GS.

    Let's see the headlines on MSNBC, not.
    Apr 5 08:03 PM | 5 Likes Like |Link to Comment
  • Just how heated has trading in Apple (AAPL +3.8%) become? With 50.6M shares changing hands today, Apple's dollar volume was roughly $30B. For perspective, the entire NYSE has seen an average daily dollar volume of $36.6B in February. Powershares QQQ (QQQ), the ticker with today's second-highest dollar volume, only saw $4B worth of trades. (earlier)  [View news story]
    It's all Fun and Games, 'till somebody gets hurt.
    Mar 14 06:25 PM | 5 Likes Like |Link to Comment
COMMENTS STATS
525 Comments
650 Likes