http://wallstcheatsheet.com/stocks/apple-stock-inching-toward-2013-high.html/?ref=YF
Wednesday, November 27, 2013
apple-stock-inching-toward-2013-high
Tuesday, November 12, 2013
Friday, November 1, 2013
Monday, October 28, 2013
Sunday, October 20, 2013
Fwd: debt
'...As Niall Ferguson notes, while politicians crow that the deficit has dropped -- from super-enormous to merely really, really gigantic -- every year that we're in deficit adds to the debt. And the long-term trends are bad: "A very striking feature of the latest Congressional Budget Office report is how much worse it is than last year's. A year ago, the CBO's extended baseline series for the federal debt in public hands projected a figure of 52% of GDP by 2038. That figure has very nearly doubled to 100%. A year ago the debt was supposed to glide down to zero by the 2070s. This year's long-run projection for 2076 is above 200%. In this devastating reassessment, a crucial role is played here by the more realistic growth assumptions used this year."'
Friday, October 18, 2013
Thursday, October 10, 2013
Re: Budget Math
He is overly generous with military cuts. You could pull this off by raising taxes. I am sure there many government contracts that must still be honored.
On Oct 10, 2013, at 9:47 AM, "<larry.r.trout@> wrote:
'gnore what you hear and read in the news. The federal government actually reached the legal debt ceiling about four months ago. Since then, the government has been financing its monthly budget deficit by stealing/borrowing money from other government funds, like the federal government employees' pension fund. In about two weeks, the government will run out of tricks to keep operating as if nothing has happened. If the debt ceiling is not raised by then, the government has to balance its budget.
That's right. As much as the politicians and news media have tried to convince you that the world will end without a debt ceiling increase, it is simply not true. The federal debt ceiling sets a legal limit for how much money the federal government can borrow. In other words, it places an upper limit on the national debt. It is like the credit limit on the government's gold card.
Reaching the debt ceiling does not mean that the government will default on the outstanding government debt. In fact, the U.S. Constitution forbids defaulting on the debt (14th Amendment, Section 4), so the government is not allowed to default even if it wanted to.
In reality, if the debt ceiling is not raised in the next two weeks, the government will actually have to prioritize its expenses and keep its monthly, weekly, and daily spending under the revenue the government collects. In simple terms, the government would have to spend an amount less than or equal to what it earns. Just like ordinary Americans have to do in their everyday lives.
Once the reality of what hitting the debt ceiling means is understood, the important question is: can the government actually live with a balanced budget? How much money could it spend? Could enough spending be cut to live within a balanced budget? The answer is yes, the federal government could live with a balanced budget. Below I will show you precisely how.'
Sunday, October 6, 2013
America's Richest (and Poorest) States
http://247wallst.com/special-report/2013/09/19/americas-richest-and-poorest-states/2/
Ten Brands That Will Disappear in 2014
http://247wallst.com/special-report/2013/05/23/ten-brands-that-will-disappear-in-2014/2/
Friday, October 4, 2013
Re: Fusion
This is a stark contrast to all the people who condemned cold fusion as lunacy.
I remain skeptical. If it were real, I think that the scientific community would be embracing it right now. This could be a ruse to dupe investors, as this kind of thing has been done before in all sorts of "free energy" schemes.
Turning a proton into a neutron is an amazingly difficult thing to do.
If it were true, our energy problems would be solved forever. There would be no limit to what the human race could accomplish.
On Oct 4, 2013, at 11:56 AM, "Trout, Larry R wrote:
Tuesday, September 17, 2013
Monday, August 26, 2013
Thursday, July 25, 2013
Wednesday, July 17, 2013
U.S. books $117 billion surplus in June
U.S. books $117 billion surplus in June.
http://money.cnn.com/2013/07/11/news/economy/treasury-budget-june-surplus/index.html?iid=EL
Bernanke: Congress still a risk to the economy
Among Bernanke's other concerns are the abrupt, across-the-board spending cuts that went into effect in March.
"I think fiscal policy is focusing a bit too much on the short run and not enough on the long run," he said.
http://money.cnn.com/2013/07/17/news/economy/bernanke-congress-economy/
Wednesday, July 10, 2013
Tuesday, June 25, 2013
Defense Consolidation: Who Gets Bought First?
Huntington Ingalls and L3 really are pure plays, and both of them have been performing nicely despite the downturn in defense spending. But Huntington Ingalls is all about warships, so companies would have to be comfortable with shipbuilding to buy it. Northrop Grumman owned the operation for a decade before giving up on trying to make it perform like the company’s other units. L3 would probably be an easier fit for companies that are already in the military electronics business, but it’s just about the biggest of the mid-tiers. In fact, Byron Callan of Capital Alpha Partners rates it as a first-tier player, even though its market cap is less than $8 billion.
http://www.forbes.com/sites/lorenthompson/2013/06/24/defense-consolidation-who-gets-bought-first/
Thursday, March 21, 2013
Thursday, November 22, 2012
Thursday, November 15, 2012
Has-John-Boehner-really-agreed-to-increase-taxes-on-the-rich?
http://www.csmonitor.com/USA/DC-Decoder/Decoder-Wire/2012/1115/Has-John-Boehner-really-agreed-to-increase-taxes-on-the-rich
Friday, November 2, 2012
Tuesday, October 2, 2012
Why Capital Gains Taxes Are Lower - Investors.com
Business income is different from employees' income in another way. The profit that a business makes is first taxed as profit and the remainder is then taxed again as the incomes of people who receive dividends.
The biggest losers from politicians who jack up tax rates are likely to be people who are looking for jobs that will not be there, because investments will not be there to create the jobs.
Read More At IBD: http://news.investors.com/ibd-editorials-viewpoint/100112-627745-why-capital-gains-taxes-are-lower.htm#ixzz28AUPwvdC
Monday, September 10, 2012
Cutting the Deficit, Compassionately - Economic View - NYTimes.com
A crude rule of thumb is that every $100 billion of deficit reduction will cost close to a million jobs in the near term. If that isn't a reason to move gradually, what is? But if you need another, just look at Europe.
Sent from my iPhone
Fwd: Euro
From: larry.r.trout
'The ESM is not only patently in breach of the German constitution, it also violates every relevant provision of the EU treaties. Article 123 of the Treaty on the Functioning of the European Union (TFEU) – which replaced the EC treaty – forbids the use of the printing press to bankroll governments and public authorities, makes it unlawful for them to borrow from the ECB or the national central banks, and expressly prohibits the sale of government bonds to the ECB.
The ESM would create a parallel "bad bank", which would be allowed to do everything the ECB is ostensibly prevented from doing under the treaties: to buy government bonds directly, to lend to national government, to grant such loans without any prescribed limit, and to rescue insolvent banks. Once the ESM runs out of money, it can borrow directly from the ECB – which will print the funds needed.
Moreover, the ECB president, Mario Draghi, has already indicated that he would take bond buys by the ESM as a green light that the ECB is no longer bound by the restrictions of article 123. At present the ECB has about €220bn in sub-standard Greek and other southern European government bonds on its balance sheet, in addition to much a higher sum of "shaky" government debt instruments deposited by banks as "securities" for ECB loans. Draghi refuses to disclose the breakdown of government debt on the ECB's books or their credit rating. The ESM treaty effectively provides for the mutualisation of national debt within the EU with no upper limit. Save for eurobonds, there could be no more flagrant violation of the "no bail" clause of article 125…
Yet, despite the ESM breaching German law and EU treaties, few observers expect Germany's constitutional court to say so, although many think it may ask for minor changes.
If implemented, the ESM will reverse the greatest 19th-century political achievement in Europe: the transfer of the power to determine taxation and expenditure from unaccountable monarchical governments to formally accountable parliaments. The eurocratic transformation will have taken place through systematic disregard by the EU institutions and its member states of practically all legal and constitutional safeguards put in place to prevent precisely the disaster that has befallen the eurozone now.'
http://www.guardian.co.uk/commentisfree/2012/sep/09/germany-serfdom-save-euro-court
Subscribe to:
Posts (Atom)