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John Leszar

John Leszar
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  • Oil continues surge; gold on the move as well [View news story]
    crushedbyoil,
    Unlike you, SA deleted a comment that I had made in response to an outrageous post that someone else made, whose comment they had deleted.

    Then they sent me a warning because they had deleted my comment, even thought there was nothing offensive about it. I complained, but I've now got a mark against me for a "deleted comment."

    Either way, SA is not treating their customers fairly.
    Aug 28, 2015. 02:50 PM | 2 Likes Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]
    Let's hear it for MrStoner2udude, who has a sense of humor and didn't respond with vitriol. Kept it civil. A real stand-up man!

    And a good example for all of us on Seeking Alpha.
    Aug 26, 2015. 11:48 AM | 1 Like Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]
    Calciomadness,

    "You're entitled to your own opinions, but not your own facts."
    That is a worn out cliche' that people use when they can't refute the facts they are presented with. So which of my facts do you want to refute?

    I'm not spewing "anti-Obama rhetoric" if I just repeat what he said. Actually you are missing my whole point that started with a "do-nothing Congress" comment. The President proposed it and the Congress passed it. Most of them are idiots and have made our country worse off.

    You can defend this administration all you want. I'm beyond defending individual parties or individuals.
    Aug 25, 2015. 04:13 PM | 1 Like Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]
    Calciomadness,
    The "facts" are that this administration indebted our nation to over $750 billion on what they said were "shovel ready" jobs. Obama later joked that 'I guess the jobs weren't all shovel ready'.

    I don't think that is funny. If, as you say, only $46 billion went into infrastructure, do you ever wonder where the rest of it went? $700 billion was paid out to union/government jobs. That is not "sensible fiscal policy."
    Aug 24, 2015. 11:52 AM | 2 Likes Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]
    Thomas,

    An infrastructure program needs to be approved by our "do-nothing Congress?" I thought they already approved the President's $700 billion plan for his "shovel-ready jobs."

    Seems to me that our government doesn't solve problems, they cause the problems!
    Aug 23, 2015. 09:00 PM | 14 Likes Like |Link to Comment
  • Citi: Cash-strapped nations could add to selling pressure on gold [View news story]
    Theodore Roosevelt: In a letter to Henry L. Sprague, on January 26th 1900, wrote:

    "Speak softly and carry a big stick.
    Aug 19, 2015. 03:51 PM | 1 Like Like |Link to Comment
  • Stocks rebound from sharp declnes [View news story]
    JaysonC,: You are overlooking the fact that the financial institutions are being allowed to carry bad loans on their books to a level never seen before. Banks don't have "credit losses" if the loans aren't classified properly or charged off. That is Banking 101, based upon my 40 plus years in banking.

    The regulators are complicit in this situation and hope that nobody notices. Apparently, it works for you.
    Aug 19, 2015. 03:38 PM | 2 Likes Like |Link to Comment
  • Homebuilders set for more gains on strong housing starts print [View news story]
    There are many distressed properties. Many owners are underwater and can't sell their homes because they and/or their lender would lose money. So the government is allowing lenders to the carry loans on their books that should have been written off a long time ago. But if the banks did that, many of them wouldn't survive.

    My own personal experience in a real hot market is a good example. I tried to buy a short sale last year. The house was vacant. The owner had paid $485,000 for the house in 2008. The lender made two loans, for a total of $485,000! The owner accepted our cash offer, $325,000, and we started negotiations with the lender. Three months later, the owner told the lender to screw themselves and moved back into the house. After all, the property taxes and HOA's were all being paid by the lender. A year later, the owner has finally moved out again. The house remains unsold. The lender had not received a house payment in over three years. This has happened all over the US. But nobody wants to talk about it. Except maybe Gayle Goodman.
    Aug 18, 2015. 11:29 AM | Likes Like |Link to Comment
  • Stock futures add to losses, dollar turns higher after jobs numbers [View news story]
    SivBum,
    If you can't handle the heat, stay out of the kitchen. Don't read my posts! Is there something about the Bureau of Labor Statistics that you think is not factual? Certainly more factual than the gibberish you made up.
    What you said about an ignore button is pretty childish.
    BTW Look at how many "likes" George got.
    Aug 7, 2015. 09:06 PM | Likes Like |Link to Comment
  • Stock futures add to losses, dollar turns higher after jobs numbers [View news story]
    SivBum,
    Demographic shift,yes, from employed to unemployed.
    93.7 million people unemployed.
    53 million women now out of work.
    Lowest labor participation rate since 1977.
    This isn't Japan.
    Nor can you predict the USA's future on theirs.
    Aug 7, 2015. 02:27 PM | 1 Like Like |Link to Comment
  • Stock futures add to losses, dollar turns higher after jobs numbers [View news story]
    Ha! "done" deal or Dumb deal?
    Aug 7, 2015. 01:00 PM | 1 Like Like |Link to Comment
  • Stock futures add to losses, dollar turns higher after jobs numbers [View news story]
    Perhaps George should have also mentioned that the number of people outside the workforce in July increased 144,000 over June’s record when 93,626,000 were not in the workforce.

    Before last month the labor force participation rate had not been that low since October 1977, when the participation rate was 62.4 percent.

    I'm sure glad that SivBum pointed out that the great recession "officially ended" in June 2009.
    Aug 7, 2015. 12:58 PM | 5 Likes Like |Link to Comment
  • Gold Retraces 50% Of The 1999-2011 Bull Market [View article]
    I agree with you DV. Look how long it took for the stocks to recover and recover again after the big drop in 1929 and the following drops. I don't have that much time left.
    Good luck to you. I enjoy your comments.
    John
    Aug 4, 2015. 05:02 PM | 1 Like Like |Link to Comment
  • Gold Retraces 50% Of The 1999-2011 Bull Market [View article]
    “Raising the minimum wage to $15 an hour would inject about $450 billion into the economy each year. That would give more purchasing power to millions of poor and lower-middle-class Americans, and would stimulate buying, production and hiring.”

    I think that is baloney. Who in the heck is going to pay the $450 billion bill to increase the wages? It will be paid by everybody, including the "poor and middle class."
    Aug 4, 2015. 04:44 PM | 1 Like Like |Link to Comment
  • The Bear Is Alive! [View article]
    Nowadays many people suffer from DASD (Diminished Attention Span Disorder). I read the entire article. It took longer than reading the first sentence but I enjoyed learning about all of the markets around the world. Thanks Eric.
    Aug 4, 2015. 04:31 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
190 Comments
323 Likes