4 Reasons To Stay Clear Of Facebook [View article]
GM pulling out of Superbowl advertising? You mean they couldn't disguise that tough guy act(Eminem/Eastwood) as just cover for union boy bailouts anymore?
I do like diapers. We'll all need 'em at some point. Wouldn't NOT want to have one when I have an oopsie. And bullets are my badass favorites in the world.
Henry Blodget sets a target range of $16-$24 for Facebook (FB -11%), based on a valuation of 20x-30x a 2013 EPS estimate of $0.80. Blodget's retort to those bullish due to Facebook's growth potential: Facebook has already been working on monetization for years; Mark Zuckerberg cares more about Facebook's "social mission" than its business; and the company's next billion users, weighted towards emerging markets, will be much less valuable than its first billion. (previous) [View news story]
Are We Witnessing The End Days Of Supply Side Economics? [View article]
"But as Ford understood, every so called producer needs to be a good seller and buyers are necessary in order for markets to function."
And buyers come from where?
*ahem*
How about the employed.
Where do the employed arise? Answer: When businesses expand and invest and decide to grow. With tax uncertainty heaped upon them, I cannot affix blame to the job creator who withholds investment. Every year now we have another ideological 'debt ceiling' commission and failed brinksmanship like two idiots playing chicken while real lives are at stake. And every year the ratings agencies are once again put in the role of having to decide whether America gets another letter downgrade.
In addition, every year we have these same clowns deciding again(at the last minute of course) whether or not taxes on dividends and capital gains go up 40%. My God. Of course businesses are not going to hire and wait until someone grows a clue. Meanwhile, to make it even worser yet, we have Obamacare and a SCOTUS deliberating on consequences that will further damage balance sheets for years to come.
You want demand? Get Washington DC the hell out of our lives.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
The TVA was a pathetic boondoggle. I don't give a damn(pun intended) how many commercials Rachel Maddow stood in front of it declaring the wonders of 'American ingenuity', bottom line it was just more public infrastructure spending and 'Vegas' could have gone anywhere besides a desert in the middle of nowhere.
Government sponsored jobs are disasters. You're just taking the money from someone else and throwing it over to somebody else within the constituency. And meanwhile, as that's done, 500 government agencies and payrolls are born to disseminate the spoils. Thus, redistributive economies are merely woodchippers and anti-market and primarily used to create public union jobs which are a bloodsuck on the taxpayer.
Demand side Keynesians are fools, obviously, but this chicken/egg debate gets worse as the academics are the only voice the media floats on the subject. No one wanted an iPhone until Jobs made one. Same with an automobile. Same with any invention brought to market. Demand comes when innovation creates. But innovation only creates in an environment of freedom, less regulation and less confiscatory taxation.
Again, supply side economics simply means those who create wealth are incentivized to retain the fruits of their own labors. In effect it institutionalizes personal private property rights. Whichever society embraces and protects personal property rights, will have innovation, prosperity and high employment as a result. This is only difficult to those on the other side of the ideological fence that learned such strident tropes in college. Probably from Noam Chomsky no doubt.
Lockheed Martin (LMT) has reached new labor deals with the IBEW and OPEIU unions, which represent 500 workers in total, at its Fort Worth plant. However, a strike by the bigger IAM union, which represents 3,300, has entered a 5th week. Lockheed is not at full-scale ops, but it is "continuing to deliver airplanes," the company said. [View news story]
Are We Witnessing The End Days Of Supply Side Economics? [View article]
Nope. Supply siding is not 'a theory'. You just don't understand it. Perhaps its the poor diction of the cliche itself which leads me to believe the left's media has won, again. Break it down, slowly. What is supply side?
Its allowing 'the people' to retain more of what they earn and thereby allowing less to get funneled through the DC woodchipper and their paternalistic parasites of redistribution.
When 'the people' have unmolested access to the fruits of their own labor it increases productivity which leads to all the benefits of growth. Supply siding is allowing the money to remain local and not get stolen, then re-routed by busy bodies, populists, glorywhores, statists, DC or Soviet style central command parents-in-proxy.
It is the philosophy that rewards and incentivizes individuals to try, or at least try harder, because it enshrines the belief in all advanced, civilized societies and frames them within the building blocks of personal property rights, that we are not serfs of Washington but that we are our own free people and essentially individuals and not a mob.
That is supply side economics. It comes from the writings of Adam Smith. It is absolutely nothing you've been led to believe or been told in lower education(college). We do not need an 'infrastructure bank' as that would just be a union goon piggy bank to be robbed from. The states can figure out their own pet projects.
The Fed is serving Washington's fiscal policy and furthering government expansion through low rates and destroying our currency. Our lesser-thans then turn around and vote for freebies not realizing that as these same politicians bribe the electorate for their vote(freebies, ie bread and circus), they devalue the dollar in the process in order to pay for it, enslaving their own people starting with the elderly who are the nation's savers and eventually ending up by enslaving the young who will inherit it. It is perverse and immoral. Do not fall for it. Regulation is the last thing we need. That's what got us here in the first place. We need freedom, to be left alone and the simple rule of law that allows us to enjoy the fruits of our own labor(personal property rights). Everything else against such truths is a lie.
Krugman, Lack Of Demand, Lack Of Jobs And The Future Of America [View article]
heheheh Nice try comrade, but Clinton's so-called 'surplus' was the product of a hyped up stock market that ended up in one of the biggest collapses of all time. It was legalized e-ponzi and it was one of the most manipulated markets in recent history. The entire federal budget was based on a lie of continued fraud that began under Clinton's watch who was also the regime who incubated the likes of Enron/Arthur Anderson, LTCM and WorldCom. Today's banking cartels got their nod from Billy Jeff.
This entire facade, once popped, was thrown by the Fed into chronic low rates from 2000 on which lead to the housing bubble. We are witnessing the implosion of credit and banking as we know it and government was able to keep the illusion alive by utilizing housing to keep the credit bubble blown full of air. The problem is that Obama has stepped on the accelerator like a 6 year old in a Ferrari as it approaches a wall and now has made it infinitely worse by using a paternalistic fiscal policy to transform the next bubble, public government debt, into the worse bubble of all time.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
Yes, this...
"According to the Bank of International Settlements, as of June 2011 total over-the-counter derivatives contracts have an outstanding notional value of 707.57 trillion dollars, ( 32.4 trillion dollars in CDS’s alone). Where does this kind of money come from, and what does it refer to? We don’t really know, because over-the-counter derivatives are not transparent or regulated."
...sounds like a bigfoot sighting.
The source doesn't even know what they're talking about. *ahem* and I quote, "We don't really know". They don't know where or what this money is. They don't know what it refers to. They probably don't even know if it exists or not. It has all the feel of a Leonard Nimoy Loch Ness monster photo, as ZH is the purveyor of all things 'grainy'.
Now, since nobody knows what any of that is, would you like to discuss something that we do know exactly 'what is'? How about we start with Europe? Would you like to show me how the private sector has a damn thing to do with the implosion of government imposed socialism coming to its demographical denouement?
You want to talk about further imposing regulation on something you don't even understand as your source says, or 'what it refers to', 'what it is', or (insert further nonsense here).
I want to talk about something that is much more clear. REGULATED markets, ie governments and why derivatives were even created in the first place to hedge against them. I want to talk about unproductivity, the layabout class, the rotting atheism of Europe, the kind of dead empires that vote in neo-nazis and hardcore marxists because the bubble of 'soft socialism' isn't working anymore. Perhaps it was about time to rip the scab off of that one, eh? When hedging against governments, perhaps derivatives, hidden as they are, were the best thing to fight against the corruption of regulation in the first place.
Don't worry Marvin. Its coming here too. Once Europe falls apart, the United States will be next, front and center. And all the 'dollar strength' will melt away like fat in a meth house. The only derivatives that matter are the Central banks and the governments that support them and use them to rob their own people after thoroughly brainwashing them with 'free crap' to prop up the illusion. But, once that bubble pops(and it is in Europe, here too), they won't have even the currency to pretend any of this was real in the first place. Keep your eye on the yellow ball. Regulation is what got us here. The burden of debt which is the product of governments gone wild around the world. And you want to look to them to solve this? heh They are the ones who started it.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
I can see that nobody wants to talk about the fact the Europe's problems are entirely the government debt cart getting ahead of the private growth horse(engine). Typical.
Folks, folks, folks...
The only generator of productivity, wealth and income is the private sector. The government only exists parasitically off of that. Governments have no 'earnings' except taxation off of private industry. This isn't difficult.
Increase the one to the detriment of the other.
GDP = C + I + G + (X-M)
G should be a net negative in the equation, not a positive since it pilfers off of both C and I.
GDP is therefore a joke since the 'G' is illusory. It is in fact, a drag and always will be a drag.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
"The co-pilots of relaxed rules and supervision and a secular expansion of debt have guided us into the abyss twice in the last five years."
A secular expansion of debt? Is that what you're calling it now? Are Europe's problems secular? No. They're public debt, public sector debt. Too many lines feeding off the bloodsuck of public agencies and 'government work'. Not enough private innovative growth.
The same here. GM's problems were private debt? The UAW drained that company dry, thanks to lenience given it straight from Washington DC, which made VEBA a public debt instrument in need of a bailout. Were Fannie and Freddie's problems private in origination? And if housing was inflated, who initiated that if not Greenspan's encouragement of debt through low rates? Bush's tax cuts were offset by his public drunken spending. Was that a private sector problem? Do you even know what you're talking about?
What is so-called 'supply side' economics? Let's clearly define it. SS economics is very simply allowing the creator of wealth to be the beneficiary of their own risk. Supply side economics merely means the protection of personal property rights and keeping government out of the business of absconding away with the hard work of others. The more supply side economics there is, the less chance you have of public corruption through Washington DC vote purchasing and Soviet style central commandeering of an individual's resources. Indeed, supply side economics is all about the individual over the group/mob.
The problem is that not even Reagan was very good at it, although the left has attempted to paint him as if he was. Let's face it. Doing things for yourself is not a popular idea anymore. Instead, taxes are called 'revenue'. And the government has some 'moral' authority against corporations which are the main employer of the nation. If that ever changes, watch out. We're screwed. Don't worry, we're getting there. More and more people are thinking like you. That we need further regulation to protect us from ourselves. And, yes, not only will we be screwed, but so will our children.
Teva's New CEO: A Positive Catalyst Going Forward [View article]
ie, sellers = dumb
4 Reasons To Stay Clear Of Facebook [View article]
National Presto Continues To Fall [View article]
No way its almost 20%.
I do like diapers. We'll all need 'em at some point. Wouldn't NOT want to have one when I have an oopsie. And bullets are my badass favorites in the world.
Bang Bang.
Fart Fart.
Henry Blodget sets a target range of $16-$24 for Facebook (FB -11%), based on a valuation of 20x-30x a 2013 EPS estimate of $0.80. Blodget's retort to those bullish due to Facebook's growth potential: Facebook has already been working on monetization for years; Mark Zuckerberg cares more about Facebook's "social mission" than its business; and the company's next billion users, weighted towards emerging markets, will be much less valuable than its first billion. (previous) [View news story]
4 Reasons To Stay Clear Of Facebook [View article]
1) Zuckerberg is an adolescent and a psycho.
2) MySpace.
Enuff said.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
I've made mine.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
And buyers come from where?
*ahem*
How about the employed.
Where do the employed arise? Answer: When businesses expand and invest and decide to grow. With tax uncertainty heaped upon them, I cannot affix blame to the job creator who withholds investment. Every year now we have another ideological 'debt ceiling' commission and failed brinksmanship like two idiots playing chicken while real lives are at stake. And every year the ratings agencies are once again put in the role of having to decide whether America gets another letter downgrade.
In addition, every year we have these same clowns deciding again(at the last minute of course) whether or not taxes on dividends and capital gains go up 40%. My God. Of course businesses are not going to hire and wait until someone grows a clue. Meanwhile, to make it even worser yet, we have Obamacare and a SCOTUS deliberating on consequences that will further damage balance sheets for years to come.
You want demand? Get Washington DC the hell out of our lives.
TYVM.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
Government sponsored jobs are disasters. You're just taking the money from someone else and throwing it over to somebody else within the constituency. And meanwhile, as that's done, 500 government agencies and payrolls are born to disseminate the spoils. Thus, redistributive economies are merely woodchippers and anti-market and primarily used to create public union jobs which are a bloodsuck on the taxpayer.
Demand side Keynesians are fools, obviously, but this chicken/egg debate gets worse as the academics are the only voice the media floats on the subject. No one wanted an iPhone until Jobs made one. Same with an automobile. Same with any invention brought to market. Demand comes when innovation creates. But innovation only creates in an environment of freedom, less regulation and less confiscatory taxation.
Again, supply side economics simply means those who create wealth are incentivized to retain the fruits of their own labors. In effect it institutionalizes personal private property rights. Whichever society embraces and protects personal property rights, will have innovation, prosperity and high employment as a result. This is only difficult to those on the other side of the ideological fence that learned such strident tropes in college. Probably from Noam Chomsky no doubt.
Your patron saint Krugman is a clown.
Lockheed Martin (LMT) has reached new labor deals with the IBEW and OPEIU unions, which represent 500 workers in total, at its Fort Worth plant. However, a strike by the bigger IAM union, which represents 3,300, has entered a 5th week. Lockheed is not at full-scale ops, but it is "continuing to deliver airplanes," the company said. [View news story]
Are We Witnessing The End Days Of Supply Side Economics? [View article]
Its allowing 'the people' to retain more of what they earn and thereby allowing less to get funneled through the DC woodchipper and their paternalistic parasites of redistribution.
When 'the people' have unmolested access to the fruits of their own labor it increases productivity which leads to all the benefits of growth. Supply siding is allowing the money to remain local and not get stolen, then re-routed by busy bodies, populists, glorywhores, statists, DC or Soviet style central command parents-in-proxy.
It is the philosophy that rewards and incentivizes individuals to try, or at least try harder, because it enshrines the belief in all advanced, civilized societies and frames them within the building blocks of personal property rights, that we are not serfs of Washington but that we are our own free people and essentially individuals and not a mob.
That is supply side economics. It comes from the writings of Adam Smith. It is absolutely nothing you've been led to believe or been told in lower education(college). We do not need an 'infrastructure bank' as that would just be a union goon piggy bank to be robbed from. The states can figure out their own pet projects.
The Fed is serving Washington's fiscal policy and furthering government expansion through low rates and destroying our currency. Our lesser-thans then turn around and vote for freebies not realizing that as these same politicians bribe the electorate for their vote(freebies, ie bread and circus), they devalue the dollar in the process in order to pay for it, enslaving their own people starting with the elderly who are the nation's savers and eventually ending up by enslaving the young who will inherit it. It is perverse and immoral. Do not fall for it. Regulation is the last thing we need. That's what got us here in the first place. We need freedom, to be left alone and the simple rule of law that allows us to enjoy the fruits of our own labor(personal property rights). Everything else against such truths is a lie.
Krugman, Lack Of Demand, Lack Of Jobs And The Future Of America [View article]
This entire facade, once popped, was thrown by the Fed into chronic low rates from 2000 on which lead to the housing bubble. We are witnessing the implosion of credit and banking as we know it and government was able to keep the illusion alive by utilizing housing to keep the credit bubble blown full of air. The problem is that Obama has stepped on the accelerator like a 6 year old in a Ferrari as it approaches a wall and now has made it infinitely worse by using a paternalistic fiscal policy to transform the next bubble, public government debt, into the worse bubble of all time.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
"According to the Bank of International Settlements, as of June 2011 total over-the-counter derivatives contracts have an outstanding notional value of 707.57 trillion dollars, ( 32.4 trillion dollars in CDS’s alone). Where does this kind of money come from, and what does it refer to? We don’t really know, because over-the-counter derivatives are not transparent or regulated."
...sounds like a bigfoot sighting.
The source doesn't even know what they're talking about. *ahem* and I quote, "We don't really know". They don't know where or what this money is. They don't know what it refers to. They probably don't even know if it exists or not. It has all the feel of a Leonard Nimoy Loch Ness monster photo, as ZH is the purveyor of all things 'grainy'.
Now, since nobody knows what any of that is, would you like to discuss something that we do know exactly 'what is'? How about we start with Europe? Would you like to show me how the private sector has a damn thing to do with the implosion of government imposed socialism coming to its demographical denouement?
You want to talk about further imposing regulation on something you don't even understand as your source says, or 'what it refers to', 'what it is', or (insert further nonsense here).
I want to talk about something that is much more clear. REGULATED markets, ie governments and why derivatives were even created in the first place to hedge against them. I want to talk about unproductivity, the layabout class, the rotting atheism of Europe, the kind of dead empires that vote in neo-nazis and hardcore marxists because the bubble of 'soft socialism' isn't working anymore. Perhaps it was about time to rip the scab off of that one, eh? When hedging against governments, perhaps derivatives, hidden as they are, were the best thing to fight against the corruption of regulation in the first place.
Don't worry Marvin. Its coming here too. Once Europe falls apart, the United States will be next, front and center. And all the 'dollar strength' will melt away like fat in a meth house. The only derivatives that matter are the Central banks and the governments that support them and use them to rob their own people after thoroughly brainwashing them with 'free crap' to prop up the illusion. But, once that bubble pops(and it is in Europe, here too), they won't have even the currency to pretend any of this was real in the first place. Keep your eye on the yellow ball. Regulation is what got us here. The burden of debt which is the product of governments gone wild around the world. And you want to look to them to solve this? heh They are the ones who started it.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
Folks, folks, folks...
The only generator of productivity, wealth and income is the private sector. The government only exists parasitically off of that. Governments have no 'earnings' except taxation off of private industry. This isn't difficult.
Increase the one to the detriment of the other.
GDP = C + I + G + (X-M)
G should be a net negative in the equation, not a positive since it pilfers off of both C and I.
GDP is therefore a joke since the 'G' is illusory. It is in fact, a drag and always will be a drag.
Why New York Community Bancorp Is My Favorite Financial [View article]
That be the one.
I think the big asteroid could hit and that bank would still be running Cornfed beef loans.
Are We Witnessing The End Days Of Supply Side Economics? [View article]
A secular expansion of debt? Is that what you're calling it now? Are Europe's problems secular? No. They're public debt, public sector debt. Too many lines feeding off the bloodsuck of public agencies and 'government work'. Not enough private innovative growth.
The same here. GM's problems were private debt? The UAW drained that company dry, thanks to lenience given it straight from Washington DC, which made VEBA a public debt instrument in need of a bailout. Were Fannie and Freddie's problems private in origination? And if housing was inflated, who initiated that if not Greenspan's encouragement of debt through low rates? Bush's tax cuts were offset by his public drunken spending. Was that a private sector problem? Do you even know what you're talking about?
What is so-called 'supply side' economics? Let's clearly define it. SS economics is very simply allowing the creator of wealth to be the beneficiary of their own risk. Supply side economics merely means the protection of personal property rights and keeping government out of the business of absconding away with the hard work of others. The more supply side economics there is, the less chance you have of public corruption through Washington DC vote purchasing and Soviet style central commandeering of an individual's resources. Indeed, supply side economics is all about the individual over the group/mob.
The problem is that not even Reagan was very good at it, although the left has attempted to paint him as if he was. Let's face it. Doing things for yourself is not a popular idea anymore. Instead, taxes are called 'revenue'. And the government has some 'moral' authority against corporations which are the main employer of the nation. If that ever changes, watch out. We're screwed. Don't worry, we're getting there. More and more people are thinking like you. That we need further regulation to protect us from ourselves. And, yes, not only will we be screwed, but so will our children.