xetn

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xetn commented on an article. 6:09 PM

America Is Richer Than Ever. Most Americans Are Not

As I see it, there are several reasons for the overall decline of the average (whatever that is) American:

Four million closed forclosures;

The huge change in the workforce:

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xetn commented on an article. 10:12 PM

Why Gas Will Never Hit $5 a Gallon

This article is a complete load of c**p! As others have already pointed, the price of gas/gal has already been over $5.00. So, what is the point of this article? Blow smoke?

Article Comment

xetn commented on an article. 12:45 PM

Who Took All the Jobs, and 4 Other Important Employment Trends

The "must have a college degree to get a job" is the party line that you must spend thousands and thousands of dollars to get a degree that will mostly be worthless when you graduate, unless you are on a profession or

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xetn commented on an article. 5:57 PM

Sold Your Home for a Loss? You're in Good Company

This would seem to indicate that the housing bust is not over:

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xetn commented on an article. 5:56 PM

1 Stock to Play America's Housing Boom

I suppose you could short BAC.

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xetn commented on an article. 5:19 PM

What to Expect From Microsoft's Next Windows Release

The main reason MS has sole so many copies of MS8 is because it comes loaded on new PCs. What we haven't seen is how many xp and ver 7 have upgraded.

Article Comment

xetn commented on an article. 7:54 PM

Why the Social Security Trustees Report Is Meaningless

The simple fact is there is no money in the Social Security trust fund and never has been (at least in recent history). There are just a bunch of treasury notes. So, when checks are issued each month, the treasury has to borrow the

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xetn commented on an article. 5:37 PM

You Have No Idea How History Will Judge Ben Bernanke

Here is another take on Bernanke's Fed:

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xetn commented on an article. 4:22 PM

How to Buy Stock Without Losing Your Shirt

It is interesting that S&P has cut the rating on Berkshrie-Hathaway. I guess even "sages" have their bad times.

Article Comment

xetn commented on an article. 6:12 PM

The Solar Trade War Is On

Mercantilism is alive and well! As for the term "dumping", it is just a phrase that means the other fellow can make and sell cheaper than you.

Most people want to buy stuff at the cheapest price as

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xetn commented on an article. 8:22 PM

One-Third of You Think the Economy Is a Mess: Here's What That Tells Us

ershler:

Price inflation is usually a result of monetary inflation.

Monetary inflation explains the huge growth of stock prices since a lot of the excess money enters the stock markets.

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xetn commented on an article. 2:16 PM

One-Third of You Think the Economy Is a Mess: Here's What That Tells Us

"Insurers predict 100% to 400% Obamacare rate explosion"

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xetn commented on an article. 2:04 PM

One-Third of You Think the Economy Is a Mess: Here's What That Tells Us

kyleleeh:

Inflation is defined as an increase in the money supply. Much of the Fed's money growth since 2008 (some $3 trillion added to its balance sheet) has been locked up as excess reserves of member banks.

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xetn commented on an article. 6:27 PM

Why You Have No Clue What the Market Is Doing

I don't care what the S&P or the Dow does; I only care about how my individual investments do.

From my standpoint, the levels of the S&P and Dow etc, are only gauges of how much money is flowing into

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xetn commented on an article. 6:16 PM

Do Oil Companies Pay Enough in Taxes? Or Too Much?

If the goal is to confiscate wealth, more taxes are better. If, on the other hand, you wish to spur economic expansion, no tax is better.

If you happen to have great growth at the same time as high tax rates, it

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xetn commented on an article. 7:25 PM

A Close Look at How the Economy Is Growing

kyleleeh:

"I'm reasonable sure that at least some of the consumers providing you're income are government employees .."

Don't you realize that before a government employee ( or a

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xetn commented on an article. 2:07 PM

Paging Horatio Alger: Joseph Stiglitz on How Inequality Harms America

As for the comment about education, we should have much more of this:

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xetn commented on an article. 1:57 PM

Paging Horatio Alger: Joseph Stiglitz on How Inequality Harms America

There is no such thing as equality and never can be. There are no two people in the world that are equal (except in superficial terms).

Article Comment

xetn commented on an article. 1:54 PM

Was Solyndra's Failure a Fluke or the Status Quo?

Nothing like a little Keynesian fascist bs. Solyndras was a gigantic taxpayer fraud!

But, the main question is not whether it was a fraud. The main question is if solar was truly viable, all the major energy

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xetn commented on an article. 5:58 PM

How Banks Became Too Big to Fail

None of the above nonsense could have taken place with out the Fed and FDIC as the back-stoppers. They allowed the moral hazard to take place with the ultimate knowledge that they would be bailed out.

We don't

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