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  • Wall Street Breakfast: Must-Know News [View article]
    You bet they will. Republicans are notoriously good at financial regulation and oversight. Why, just during the last administration......oh, never mind.
    ======================...
    regulation and oversight without rule of law
    like a horse without tail
    oversighters do not protect horse hind, while horse has not enough blood to feed oversighters
    May 22 09:55 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "who ripped off what in that ongoing debacle"
    ----------------------...
    THE POLITICAL GUIDE

    Motion To Suspend Paragraph 4, Rule XVI RE: Dorgan Amdt. No. 1670; To establish a special committee of the Senate to investigate the awarding and carrying out of contracts to conduct activities in Afghanistan and Iraq and to fight the war on terrorism.

    In Y2005 Jon did not vote on Motion and voted "no" to amendment later introduced into the Senate by Senator Dorgan

    It appears Jon either was too busy or unlike Bob onetwotree did not see this issue as priority
    May 21 07:58 PM | Likes Like |Link to Comment
  • For All The Shouting, This Is Still A Normal Correction [View article]
    mostserene1
    who single handedly
    ======================...
    I think you guys talking either J. Jugashvili or Mao.
    First single handedly won XXII war while second cross river in China
    May 20 12:31 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    fxdudeinmia
    Well, sure. After Bush gave us structural deficit of over a $1 trillion annually because of the collapse of the economy reducing tax revenues to the federal government, what else would you expect?
    ======================...
    we were expecting change
    instead we got double Bush in spending and Carter in achievements
    May 18 06:15 PM | Likes Like |Link to Comment
  • Is The Market Teetering At The Edge Of A Cliff? [View article]
    DapperDan
    I know. It's mind-blowing. So you might want to take a seat.
    ======================...

    "Would the fountain of your mind were clear again, that I might water an ass at it."
    May 17 06:20 PM | 1 Like Like |Link to Comment
  • Is The Market Teetering At The Edge Of A Cliff? [View article]
    DapperDan
    Yeah yeah, when wealth flows to the top it's "capitalism", but when it flows everywhere else it's "class warfare".
    ======================...

    When wealth flows to the top, it is capitalism
    When it flows everywhere else it is loss of wealth

    True concept is simple
    Thievery is hiding behind many words

    When taxation becomes tool of wealth redistribution, thief becomes ruler, reach becomes friend of thief and poor becomes poor forever
    May 17 12:15 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    as mr, romney said recently,
    i don't recall.
    but i apologize now for whatever it was that i do not recall.
    > jack
    ======================...
    It is not what he actually said

    You makes yourself two times less expensive by making this kind of statements
    May 14 07:09 PM | 2 Likes Like |Link to Comment
  • Three JPMorgan (JPM) execs connected to its $2B trading loss will leave the firm this week, according to the WSJ. Bruno Iksil - "The London Whale" - will be stripped of trading duties.  [View news story]
    @Eightball
    As customer I like Wells Fargo and Patelco credit union

    As investor I am not investing in banks and rather prefer them out from public and into strong private hands
    May 14 06:39 PM | 1 Like Like |Link to Comment
  • Three JPMorgan (JPM) execs connected to its $2B trading loss will leave the firm this week, according to the WSJ. Bruno Iksil - "The London Whale" - will be stripped of trading duties.  [View news story]
    Eightball
    Cut all executive compensation so there is something left for the lowly shareholders like myself. That goes for the other banks as well
    ======================...
    You are shareholder, you cut
    May 14 12:07 AM | Likes Like |Link to Comment
  • 2 Easy Ways To Make JPMorgan Behave Better [View article]
    If my understanding of their numbers correctly, they made profit $5B on their investment in Y2011.
    ----------------------...
    IMPO
    Where is profit there is loss.

    The real issue for me, if this loss is result of their crime or of their negligence or of of their laziness.

    For now my thinking
    1. If their investment department is isolated from everything else, including my 401K maintained by Chase
    and
    It run as separate baby Chase company, which can not grab my money to pay off their loss, I would not care if their investment is profit or loss

    2, Also I would like them separated from USA Treasure transferring my taxes to them

    3. Also I would like my earned dollar is not thinned by FED printing money for them
    May 12 04:16 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    to this you can add all the medicare fraud.
    my mother in law who died in 1995 has not had fictitious payments to practitioners this year - yet.
    > jack
    ======================...
    Somehow CA has one of the biggest medical expenses in the nation. Even though it most likely result of adverse whether and things of such nature, Meg Whitman, while running for Governor, promised, if elected, to cut fraud in this area to acceptable levels which, in her opinion, could divert money from medicine to education.
    She had no appeal with CA voters, which eventually brought a lot of tears in the eyes of occupy Berkeley masses
    May 9 09:26 PM | Likes Like |Link to Comment
  • There’s an old Wall Street maxim that the so-called dumb money trades early and the smart money comes in later. Trading by that phrase would have made you a bit of money this week, as equity markets have continually fought back from heavy morning losses over the European mess to close well off their lows. Traders note the three-straight turnarounds for the market are a bullish sign, as big institutions tend to dominate trading activity later in the day.  [View news story]
    reminds me of one stock in 2000 - 2001.
    it was going from from upper 20 to nothing, with all kinds of turn arounds

    IMPO
    Today turn around was product of hi expectations for after hours good news, which as appear are not there
    May 9 08:55 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    axelrod608
    It's not just the tax code that is dysfunctional. Its administration and enforcement are arbitrary and spotty.
    ======================...
    This law is much older than current administration.

    This law does not differentiate between illegal emigrants, legal emigrants, resident aliens or citizens

    The method of cheating this law, shown in this video, almost the same for USA citizen as for illegal South American

    The only exception is illegal, when in leading role in cheating case, creates more drama
    ----------------------...
    IMHO.
    Current tax codes are product of former and current elected by us politicians trying to trade tax favors for votes.

    As result current tax codes are too big and screwed to be functional
    They are almost unenforceable no matter how IRS sized and vigilant.

    Tax codes should be flat or almost flat
    ----------------------...
    Disclosure
    After arrival to this country our family was working.
    We were not making much at that time. We received this child credit
    It was credit for our single child. It was given to us in Y1992.
    I did not own any stocks at that time and had not any for the next 5 years

    May 9 08:18 PM | Likes Like |Link to Comment
  • In the disappointing jobs report, the most important statistic may have been the 63.6% labor participation rate, a 30-year low. Critics of the Obama administration are quick to seize on this as the “real” reason for the falling unemployment rate, but the downward trend has been happening for more than a decade as baby boomers have been retiring.  [View news story]
    @Virginia
    Personally, I am taking no investment advices from Rush and feel sorry

    for you whose investor's focus was diverted by Rush from disappointing

    job situation in our country to Rush
    May 5 10:29 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    dkziehme
    Could someone please explain how we can have corporate profits sky high, productivity at record levels,boomers retiring at 10,000 a week and still have GDP at 2.2% and unemployment at 8.1%. the correlations don,t add up.
    ======================...
    A lot of corporate production are created and sold overseas. Participation of USA labor force is limited
    Bring production to home is not going to do good
    It will lower profit and eventually diverted jobs to non USA corporation

    Secondary most of domestic jobs are small business jobs.

    Until we elect administration able to understand small business role in this country, eases burden of regulations on small business, will not intimidating small business owners for own political gain, we should not expect much of improvement
    May 5 10:15 AM | 1 Like Like |Link to Comment
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