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Welcome, JohnB26

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Total number of posts:223
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Joined on 12/19/2008

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moneyNOWCOMMENT

Both sides dig in over cutting food stam...

And, after they buy their groceries with their SNAP card, they wheel them out to their VERY nice, fairly new car and put them in the trunk.  Why is that?
5/15/2013
ArticleCommentsCOMMENT

Article Comment

You have to be kidding me!  No public company is laying off people?  Do you live in a cave?  Here's just one example. Catepillar just announced another 300 will be layed off in Decatur, IL, which adds to the previously announced 700 in other divisions.  Not selling assets?  Two well established big box retailers are cu...more
5/15/2013
ArticleCommentsCOMMENT

Article Comment

Without the Fed pumping in billions of dollars every month, the market would be down around 10,000.  The problem with pumping money into the market is it devalues the dollar.  Less than one-half of the companies reporting in the first quarter met their revenue expectations, yet, almost 70% met their profit expectations...more
5/14/2013
Top StocksCOMMENT

Of course this market can go down

When the Fed stops pumping huge amounts of money into the market, it will drop like a rock.
5/7/2013
moneyNOWCOMMENT

Penney blows $170M on executive blunders

The guy's FIRST paycheck in 2011 was over $53 million!!!!  And you think he is down??  If he is down, he has much bigger problems than just being out of work.
5/6/2013
moneyNOWCOMMENT

Penney blows $170M on executive blunders

It's amazing to me that with the hundreds of senior managers at Penny's that the Board couldn't promote from within where the person has years of experience in the corporate culture.  It's almost always bad to go outside the company and it lowers morale.  Look at what happened to Wickes some years ago when they went ou...more
5/6/2013
ArticleCommentsCOMMENT

Article Comment

Thats because there's hardly anybody left who can make an unemployment claim.  They have run out of benefits and can't make a second claim.
5/2/2013
ArticleCommentsCOMMENT

Article Comment

Stop the Fed from pumping $85 Billion per month of funny money into the market and see where it really would and should be.  Smoke and mirrors, my friend.
5/2/2013
ArticleCommentsCOMMENT

Article Comment

It's year five of the current administration. Don't you think it's time they at least take some responsibility for there actions and/or inactions???
5/2/2013
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