steve203’s Activity

Today

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steve203 replied to the Macro Economic Trends and Risks board. 4 hours ago

Re: Workers erupt in outrage

True and when a CEO prices him/herself out of the market s/he is fired.

What CEO has been fired for wanting too much money? Iger pulls down $44M/year, while being unable to stem ESPN's loss of subscribers. Jamie Dimon pulled down [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:21 AM

Re: Trump wants to kill NAFTA.

Oh the US has decades of practice on how to skirt and delay NAFTA and WTO rules.

One difference, COOL and the lumber issues were protecting US special interests from foreign competition. The recent examples we have seen of Ford and [more]

Yesterday

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steve203 replied to the Macro Economic Trends and Risks board. 6:05 PM

Re: Workers erupt in outrage

"What does your union want?" His reply: "More".

Ask a CEO the same question, you'll get the same answer.

I received my Disney proxy a few days ago. Last year, Bob Iger pulled down more than [more]

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steve203 replied to the Macro Economic Trends and Risks board. 6:01 PM

Re: JUSTICE SCALIA DEAD

This will be interesting. Can the majority in the Senate avoid confirming another nominee until after the inauguration next January?

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 1:50 PM

Re: OT: Governor says LSU Football in Jeopardy

Steve, this is college football we're talking about.

It's the same program

High Schools are the farm system for college football. College football is the farm system for the NFL.

Same thing with basketball. Does any [more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:45 PM

Re: Constitutional Right to Pay Cash?

"Common Core" came with significant national-government money attached to it;

As has been said "he who pays the piper calls the tune". If a state wishes to forgo the "race to the top" money, that is a [more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:20 PM

Re: Large Increase in Debts Held by Over 50s

I had a truck I really likes (16 year old 1 ton diesel utility bed) it was costing me on average 300 month in repair costs and I no longer had a use for it

I rather liked your posts when you got reflective as you horsed that old [more]

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steve203 posted to the Political Quagmire board. 1:15 PM

GOP debate

tonight, CBS, 9PM EST

Considering the tone of recent debates, I find it ironic that the venue is the "Peace Center" in Greenville SC

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 1:09 PM

Re: Cutting off their noses to spite their faces

North Korea is *all* about "saving face"--i.e. having a strong *internal* image. The external reality doesn't matter to them so long as their control over (image presented to their own population) stays strong.

We see the [more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:07 PM

Re: OT: Governor says LSU Football in Jeopardy

(we do love education threads don't we?)

First a bit of background.

As soon as the current Governor of Michigan took office, he pushed through a big tax cut for business. To pay for it, he raised taxes on retirees and the working [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:33 PM

Re: OT: Beginning to nibble

Any of them these?

I see Johnson and Johnson and Parker Hannifin on your list. I also see some that I would not have now, like AT&T (too high a payout in a saturated market with falling margins and high CAPEX requirements), [more]

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steve203 replied to the Macro Economic Trends and Risks board. 11:53 AM

Re: Constitutional Right to Pay Cash?

That is no doubt, true, Jeff. Some transactions probably escape taxation by their participants' use of cash. Federal "forfeiture" laws passed as part of the "war on drugs" have been used to seize cash and create a presumption [more]

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steve203 replied to the Macro Economic Trends and Risks board. 11:22 AM

Re: OT: Beginning to nibble

My cash account is all in, all dividend payers where the payout is well covered. The divis and Social Security provide a comfortable amount of cash flow for my lifestyle.

IRA is 40% cash, as it has been since last summer. Looking at XOM and [more]

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steve203 replied to the Macro Economic Trends and Risks board. 11:05 AM

Re: OT: Governor says LSU Football in Jeopardy

This has been the usual tactic for getting school taxes passed in Michigan for decades.

The school board starts out with "if we don't get the millage, we will not be able to buy any books for the library"

The millage [more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:48 AM

Re: For Steve

Too late to set up a Blockbuster, but you can still set up a Radio Shack next to an Office Depot.

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 1:46 AM

Re: Large Increase in Debts Held by Over 50s

The average 65-year-old borrower has 47% more mortgage debt and 29% more auto debt than 65-year-olds had in 2003,

Or, that 65 year old person on the verge of retirement now, was only 52 in 03 and still working. They have not been [more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:31 AM

Re: Constitutional Right to Pay Cash?

Too much government involvement in education - particularly in the form of seemingly-bottomless pockets, which was the case for a long time, or in the form of one-size-fits-all standards, which is pretty much the norm for state-level and [more]

Fri Feb 12

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steve203 replied to the Macro Economic Trends and Risks board. 6:01 PM

Re: Investors Have Lost $1.78 Trillion

Now *there* is a negative return on savings.

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 5:58 PM

Re: Constitutional Right to Pay Cash?

College will remain absurdly expensive, and SOMEONE will have to pay for it, so long as we continue with the delusion that everyone should have a college degree and any degree is better than any tech-school certificate, apprenticeship program, or [more]

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steve203 replied to the Macro Economic Trends and Risks board. 3:50 PM

Re: Green NAFTA

Canada, the United States and Mexico have signed a trilateral agreement

US officials signing agreements and treaties does not mean a thing. If the Senate does not consent, the agreement is not binding on the US, and this Senate will [more]

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Big funky green star, 20000 posts Old School Fool
Board Posts 37425
Recs Received 74274
People who have rec'd these posts 1997
Recs to Posts Ratio (last 30 days) 14.30
Threads Started 5840
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Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: some opinions (6/2/1998)
Percentage of Posts Rec'd 58.84 %
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