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Welcome, Prophetically

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Total number of posts:12
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3
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9
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Joined on 8/12/2006

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Smart SpendingCOMMENT

FBI warns about 'sextortion' scams

It would be helpful if the internet would identify the location of the IP address used by individuals who meet online in these sites, for example when two people meet in the chatroom it would be displayed as follows;   MissIamcute, location U.S.   MrIamascumbag, location Eastern Europe   This would at least...more
5/5/2013
Top StocksCOMMENT

Brown-Vitter takes aim at the Big 6

Dick Bove a former bank regulator and current analyst made a good observation about this proposed bill, in essence how it hobbles US banks while doing nothing toreducfe the risk presented by foreign banks to the world's economy....expecially Chinese banks.  A look at the top ten banks by assets proves his point.   ...more
4/26/2013
moneyNOWCOMMENT

How Obama's budget trims Social Security...

" Paul Van de Water, a senior fellow at the Center on Budget and Policy Priorities, told CNNMoney. "A decrease of almost $600 a year . . . for people in that situation is very significant."   My mother 's social security increase in 2012 (from 2011) was $462!  How could this change (as suggested by the article) hav...more
4/10/2013
moneyNOWCOMMENT

AIG's possible bailout lawsuit draws ire

The U.S. Government lends AIG $182 billion at 14.5% interest...the U.S. Government didn't have any money to lend....they were running a deficit....so they borrowed the money by issuing Treasuries....Treasuries which paid (depends on the term) say 1%.   Borrow at 1% and lend at 14.5%....hmmm....14.5% sounds like Cre...more
1/9/2013
Smart TaxesCOMMENT

More taxes from health care law start in...

Nearly 6 million people who don't get health insurance will face tax penalties starting in 2014. The fines will raise $6.9 billion in 2016. Average penalty in that year: about $1,200.   And how exactly will they be collecting that...a lot of people with no health insurance don't file tax returns....oh well.....it l...more
12/22/2012
Top StocksCOMMENT

Volcker Rule debate intensifies

Well Ice Fisher...   the prez cant keep approving rules to curb the business of banks. how many times can they be charged and punished for the same offense ....Chicago politicians...for the most part...don't see it that way!
2/20/2012
Top StocksCOMMENT

Obama delivers Goldman's head on a platt...

Now would be a good time to sell Goldman Sachs! (A word to the wise is sufficient!)
4/18/2010
Top StocksCOMMENT

SEC lands a solid hit to Goldman

If you own Goldman Sachs it's a very good time to sell! (A word to the wise is sufficient!)
4/18/2010
Latest DispatchesCOMMENT

Wall St. cheers Intel, CSX earnings

I think a lot of investors are waiting for JP Morgan and the other bank results.  If loan demand is beginning to increase that tells you  alot about the economy.
4/13/2010
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