I'd love to see the USC study which purportedly concludes that for every new 1,000 Border Staff the US GDP rises by $2 billion, because by that rationale Juicy Janet should take on every one of the 3 million unemployed and the GDP will explode by $6 quadrillion overnight and leave the slant-eyes eatin' dust.   Methin...more

Anadarko and Statoil are also heavily involved in the major discoveries off-shore East Africa. These and the Gulf will take 5 to 8 years to reach full production, but the cash-flow will be transformational for them and the drillers and other sub-contractors.  For patient investors these are opportunities to watch a sev...more

There's no difference between Norquist and the Taliban.  Both are fanatics, nutters, incapable of any form of nuanced argument. Their view is simple; "I'm right. You're wrong.".  This is dictatorship, totalitarian naziism. The US fought a war of independence to be free of an insane king, who believed he ruled by divine...more

Once the underwriters get fed up of tossing their 7% fees at the sellers facing real cash losses at the $38 bid then this dog is off down to $20 before year-end.  FB - Fido's Bust!

In my 45 years of equity investing, never have I seen an IPO which screams so loudly, in multi-coloured letters 6 feet high; "SHORT ME, SHORT ME, SHORT ME." Jim's point on the 91 day overhang, simply underlines what a bummer FB is going to be.  My strategy will be to watch it go nuts for the first five or so trading da...more

Now hold on here boys; before you hold a good-old-fashioned Mississippi lynching for this ungrateful Brazilian dago, he's just doing what we all do every day - Making choices in his own best interests.  Did you get out of bed today because you need the money?  Did you hit the snooze button because you don't need more t...more

Hey Jim, Have you noticed how none of the msn money articles on the slamming of Goldman Stinks are inviting comments?  Seems strange that the Land of the Free isn't interested in the public's opinion of the vampire squid.  I got two views;  One, that a letterhead with names like Blankfein & Cohn on it carries a clear h...more

Plus with Verizon there's always the chance that Britain's Vodaphone (GB:VOD) will soon bid. VOD needs to get control of it's 45% investment in Verizon Wireless. This is the cash-cow that pays Verizons dividends and explains why it yields 5.5% but stands on 45 PE.

Given that the Post Office is a financial black hole, the military wants money for missiles and Presidents only last 4 to 8 years, it's only a matter of a short time before the conversion occurs.  The US car owner took 30 years to wise up to the fact that he was being screwed by Detroit's refusal to provide gas economy...more