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  • Jobs Report Favors Change [View article]
    "auto industry saved"

    I love that one! Saved from what? Itself? Poor Management? The UAW was greased for votes. Nothing more.
    Sep 7, 2012. 02:38 PM | 12 Likes Like |Link to Comment
  • Has CNBC Lost Its Mojo? [View article]
    "Cramer is dangerous to the average retail dufus."

    LMFAO! Classic.
    Aug 8, 2012. 10:18 AM | 12 Likes Like |Link to Comment
  • The 'Twinkiezation' Of The American Economy And Spirit [View article]
    Awesome article Bret!

    I had my first job at 15 1/2 washing dishes for $3.35 an hour. We were excited to get our worker's permit. Today, I don't know ONE teenager that has a job let alone wants one.

    I paid for my private university education by working at the business school all 4 years to offset half my tuition costs. The other half were loans. Even though I was perhaps the poorest guy on campus I did not complain that I did not qualify for grants (probably checked the wrong box).

    My senior year I interned at Morgan Stanley for NO MONEY (while they busted my ass for fun). I didn't mind. My thinking was ANY chance to increase my odds of finding a job upon graduation was priority number one.

    Today it seems college graduates are more concerned about their backpacking sabbaticals in Europe for the summer than hustling for a job. Never mind they majored in "Womyns Studies" (yes, an actual degree) or whatever.

    Since college I have been laid off once. There were 26 weeks of unemployment and not a day more. You better believe you found a job before time was up! It didn't matter if it wasn't the ideal job. You simply took it and kept your eyes open for a better opportunity. It was that simple.

    Clearly, your article struck a chord with me!

    My guess is regular SA readers had similar experiences. People like us are becoming extinct. Sucks.

    Have a great Turkey Day!
    Nov 21, 2012. 11:19 AM | 10 Likes Like |Link to Comment
  • On The Road To The Endgame: The Farcical Cliff [View article]
    Thank you, Tomas.
    Dec 3, 2012. 06:32 PM | 9 Likes Like |Link to Comment
  • Here's the White House math behind why "tax reform" can't replace all the income from letting the Bush tax cuts for the rich expire: Limiting a cap in deductions to incomes over $250K leaves only $800B in revenue; phasing in a cap to avoid a "cliff" reduces revenues to $650B; excluding the charitable deduction reduces it to $450B. That's why the likeliest outcome is a hybrid approach that combines an increase in marginal tax rates with a cap in deductions. [View news story]
    This is not going to end well I have a feeling.
    Nov 29, 2012. 07:26 PM | 8 Likes Like |Link to Comment
  • Black Friday by the numbers: Wal-Mart (WMT) says over 22M customers have been served since the retailer opened its stores last night in a somewhat controversial decision to cut short the Thanksgiving holiday for employees. The company notes it's already knocked out 10M register transactions and hit an astounding pace of 5K items per seconds at peak time. The bigger question: Did Wal-Mart pull sales forward or take market share from rivals with its decision to launch Black Friday shopping earlier? [View news story]
    "We should make a anti-union day"

    Nov 23, 2012. 02:09 PM | 8 Likes Like |Link to Comment
  • Market recap: Stocks bounced to modest gains after lawmakers offered somewhat optimistic remarks following a fiscal cliff meeting with Pres. Obama. But trading was light in a day where the news gaining the most attention was the apparent demise of Hostess Twinkies. Treasury yields slipped to their lowest since August; the dollar rose to two-month highs. NYSE gainers led losers seven to five. [View news story]
    Now we're left with a Ding Dong :-)
    Nov 16, 2012. 05:11 PM | 7 Likes Like |Link to Comment
  • A group of soft drink sellers including Coca-Cola (KO +0.5%) and PepsiCo (PEP -0.5%) step up efforts to stem a rising tide of concerns over the health effects of drinking soda drinks including diet versions. An industry-sponsored ad ran in the NYT last week to promote calorie-cutting measures. In order to avoid the possibility of being required to put health warnings on cans, Coca-Cola has even modified its recipe - although the company claims consumers won't taste any difference.  [View news story]
    I don't get it. People who are too stupid to use moderation are forcing these companies to state the obvious. We truly have become a nation of tards.
    May 21, 2012. 12:40 PM | 7 Likes Like |Link to Comment
  • "Wall Street is capitalism in its purest form, and capitalism is predicated on bad behavior," rants William Deresiewicz in the NYT. "Shafting your workers, hurting your customers...Leaving the public to pick up the tab. These aren’t anomalies; this is how the system works," Deresiewicz writes, adding that capitalist values are antithetical to democratic one.  [View news story]
    May 14, 2012. 12:35 PM | 7 Likes Like |Link to Comment
  • Wells Fargo CEO John Stumpf says "there's no merit" to yesterday's call by House Democrats for a Justice Department investigation into possible collusion by the big banks to raise debit card fees and other monthly charges. "The economics of the business have changed due to regulatory and legislative reform," Stumpf says, and the new debit card fees are merely "a test to see how we can best deal with these changes." (video)  [View news story]
    How else will Democrats get votes if they don't promise people free stuff????
    Oct 21, 2011. 06:40 PM | 7 Likes Like |Link to Comment
  • The 'Twinkiezation' Of The American Economy And Spirit [View article]
    You're a nut. Never mind that the kinds of snacks Hostess makes have been demonized by our first lady and the fact that peoples' tastes have changed over the years having a material impact on their business. Your clear bias towards the poor, under appreciated, victim "worker bee" makes me want puke.

    If you didn't notice, a point in the article is no one is interested in being open to compromising their wants and desires which is becoming the norm.

    The truth is we have people being paid too much for semi-skilled and low skilled jobs. This is a drain on businesses everywhere in America. Overpaid and lazy management have to take this into account when deciding on the best way to keep their products competitive. OMG. Did I just say that!?!?!

    Have a nice Thanksgiving anyways. Sheesh.
    Nov 21, 2012. 12:18 PM | 6 Likes Like |Link to Comment
  • An Overlooked Bearish Signal That Will Drive 2013 [View article]
    I agree. I'm tired of the "rich" label. Seems to me anyone who is responsible for their own decisions and made good choices in life resulting in having their financial house in order is "rich."

    Rich people didn't arrive on the scene with piles of cash and assets. Them, or someone in their family created it. Ya, that's right. At some point they had a product or idea that had value to others. Enough already.
    Sep 20, 2012. 10:31 AM | 6 Likes Like |Link to Comment
  • The iPhone 5 (AAPL -0.1%) is announced. It's 7.6mm thick and weighs just 112 grams - that makes it 18% thinner and 20% lighter than the iPhone 4S. As expected, it has a 4" retina display (still much smaller than many Android phones), A6 processor (said to be 2x faster than the A5), and 4G LTE support. Apple also boasts the new display delivers better image quality thanks to its use of in-cell touch panels. (live blog) (more[View news story]
    The iPhone 5 could cure cancer and it still wouldn't "impress" anyone. Sheesh.
    Sep 12, 2012. 01:48 PM | 6 Likes Like |Link to Comment
  • The Liquidmetal Technologies Bullish Thesis [View article]
    I purchased shares not based on APPL speculation rather, the future metallurgical possibilities this material has. If it goes to zero so be it. If not, it could be a really fun ride.
    May 10, 2012. 02:33 PM | 6 Likes Like |Link to Comment
  • I'd be buying bank stocks "hand over fist," says banking analyst Dick Bove. "On a fundamental basis, it's almost impossible to believe that these stocks are not dramatically underpriced." As he sees it, investors should be taking advantage of the turmoil in Europe to buy, not sell every time the market "freaks out" over fears of the sovereign debt crisis spreading. His picks: Bank of America (BAC), Morgan Stanley (MS), State Street (STT) and US Bancorp (USB).  [View news story]
    What a Dick.
    Nov 18, 2011. 07:12 PM | 6 Likes Like |Link to Comment