I’m heading down to Vancouver for a day, and hope to use the train ride to write up a few observations on last night’s debate with Grover Norquist. No doubt my co-bloggers will help fill the void during my travels.
UPDATE:
BlatherWatch has a review of last night’s debate.
How about the bad smell of the illegitimate Queeen and her tribal scandal? Seems fishy to most. Who woulda thunk it….
That Vancouver?
You don’t suppose the OIL COMPANIES had ANYTHING to do with the decision of automakers in the US to NOT develop and manufacture hybrid passenger and commercial vehicles.
Nahhhhh…didn’t think so. Toyota was soooo stupid. Oh wait…THEY CAN’T MAKE ENOUGH HYBRIDS TO KEEP UP WITH DEMAND.
Meanwhile Ford is threatening layoffs and their CEO is making THIRTY-NINE MILLION DOLLARS.
Nothing to see here…move along, move along…
Mark1…
Well…you’re stuck with her for AT LEAST 4 more years.
Eat your guts out asshole.
@1
Still waiting to hear you promote Dino and McCain…
@1 Whatsamatter, feeling a little scalped this morning after reading the latest Gregoire-Rossi polls?
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@4: We’ll see, buddy election-fixer Dean Logan is gone, although he is now subject of another corruption scandal in L.A. at present, I’m shocked.
@5: Promoting the re-election campaign of Dino, haven’t decided yet about McCain. I’m just glad that Hillary and her merry band of incompetence are now done. Ding, dong, the witch is dead….
Off to work, so before the next 100 delusional posts appear: talk to the hand. Good day all.
And @6 Rodent:
Not in the least. Let me guess, our resident shut-in not attending drinking liberally tonight? Having trouble pulling that one foot out of that grave? Thought so.
@5 Speaking of Third-Term McSame, a new Washington Post – ABC nationwide poll this morning puts Obama a rock-solid 6 points ahead, 48 to 42. This comes on the heels of a group of historians collectively saying TTS has NO CHANCE of winning.
@7/4 No doubt it’ll come as a shock to you when Gregoire wins again, even though Logan now works in L.A. How could that happen? Well, like this: The 2004 electon wasn’t fixed, Dean Logan didn’t stuff the ballot box for Gregoire, and it was voters — not Democratic operatives — who put Gregoire in office. And those voters are going to vote for her again, plus some additional voters who are impressed by her performance in office, plus probably some more voters who have realized that Rossi and his supporters are full of shit.
@7/5 The fact you’re “promoting Rossi” says worlds about you and nothing about Gregoire.
@7 (continued) “Off to work, so before the next 100 delusional posts appear: talk to the hand.”
Poor baby!!! Stuck in commuter traffic with your idling engine sucking $4.50 gas. Stuck in a stuffy cubicle. Stuck with an overflowing “in box” and half of it isn’t even your area of resposibility. Stuck with an indifferent boss who doesn’t know you exist and a neurotic supervisor who talks to herself behind the closed door of her office. Stuck with a meaningless dead-end job. Stuck with plotting co-workers. Stuck with a 32.65% marginal tax rate.
Not me! I’m sitting at my computer pushing capital in meaningless circles. Not only do I get paid for this, but I also get a 2/3rds-off discount on my taxes! The government actually rewards this behavior, can you imagine that?!!
Oh, don’t get me wrong, it isn’t all private-sector cheese handouts, although there’s plenty of those. I make mistakes sometimes. For example, last week I spotted what I thought was an unwarranted selloff of dry bulk shipping stocks, but didn’t have the guts to buy into that volatile sector. I was overcautious; the stock I was watching is up $10 in 3 days. Ah, well, there’s always a next time.
The stupidity of free markets is never-ending. What I mean is, why would someone sell a stock for $52 and buy it back 3 days later for $62? But that’s exactly what you stupid humans do, day in day out, year in year out. That’s why I have paydays for doing nothing and producing nothing. I can’t imagine why the government offer tax incentives for doing this. The people running the government and making tax policy must be pretty damned stupid, too.
@8 Why should I ccome out of my hole to become possible prey for peregrine falcons when I have everything I need down here?
Enjoy your commute, sap!
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Bad news for the right….
1) The FlipFlopper is behind six points in GOP leaning polls – means 8-10 in real life
2) Governor CG was given the power *through her office* to handle the Indian Compact and the righties had TWO sessions to get their questions and faux concerns addressed. Since it’s all crap – they waited until now to gin up a faux controversy hoping it would help that asswipe Rossi. It won’t. Just like their made up “We was robbed” approach.
Must suck to know you haven’t got a fucking chance of winning on the merits.
Hey Rog–
Let’s talk at important stuff like investing & making $$. That’s a universal common denominator.
First–
Did you unload BOOM??
I told you to when it was lingering around 43 a couple weeks ago. Now it’s $35.75.
I told you I bought Wells Fargo @ $24.80
It’s at $25.95 but the bigger payoff is the 5% Dividend at the price I bought.
I don’t look for WFC to price explode.
But that dividend ought to keep the price up.
BOOM has no dividend.
It will be interesting to see what the State Retirement Fund 6/30/08 Financial Report looks like and if it will be released pre-Election.
My guess is NOOOOOOOOOOOO!
They will hang onto it and any negative indicators until after the November Election.
I realize Stocks go up & down and 6/30 is merely a snapshot.
On the other hand…someday taxpayers may be faced with ponying up the underfunded liability. Scarey thought.
Elected Officals don’t get any credit for funding known liabilities.
They love to play Santa around Election Time.
In addition, Gregoire must address that $2.4 BILLION anticipated Deficit.
Will be interesting to hear here plans…tax increases, budgetcuts or more fancy accounting schemes.
The $$ has to come from somewhere!!
What Goldy should have asked GROVER – who names their kid GROVER? Anyway – what Goldy should have asked is this…
If government shouldn’t be involved in health care for children, why is government so involved in stopping abortion? If you mandate that the people having these children must do so period – then shouldn’t you also mandate that some basic care be afforded the children at issue?
As to the “Indian compact” issue: the Bush “Justice” Dept. hasn’t weighed in on this one…yet. Could they actually have the balls to attempt to pull a “Siegelman” here?
All this talk about CG is the best the righties can hope for. They deflect, deflect, deflect. They hope we’ll forget that the Bush regime, and now the FlipFlopMcCain regime are ass deep in connections and money to big oil.
They DEPEND on their own side being so utterly fucking stupid that they vote against their own interests. It’s mind blowing but true.
From reading BlatherWatch’s account, one gets the impression that Norquist’s strategy was to wait until everyone in the audience had stuffed their bellies, then put them all to sleep.
Think about this:
Booming, China Faults U.S. Policy on the Economy
“The Chinese attitude is no doubt bolstered by the lame-duck status of the Bush administration and by the fact that the United States is widely seen as having squandered its political and military leadership during the war in Iraq, which China opposed. Likewise, Chinese officials and state news media have suggested that the relatively quick mobilization of the Chinese Army during the recent earthquake in Sichuan Province contrasts favorably with the Bush administration’s reaction to Hurricane Katrina.”
and
“U.S. credibility and the credibility of U.S. financial markets is zero everywhere in the world,” said Joseph E. Stiglitz, a professor of economics at Columbia University who has sharply criticized the Bush administration and praised China’s economic management in the past. “Anybody looking at this from the outside says, ‘There’s been a lot of hot air coming out of the U.S., so why should we listen to these guys when they didn’t know how to manage risk?’”
I don’t mind the republitards fucking themselves over. I do mind them dragging the rest of the country down with them.
@ 20:
That’s why elections matter. As Al Gore said, even cats and dogs now know that elections matter. Tainted pet food from China, ya know.
Roger Rabbit, Mr Cynical.
Hope you haven’t been missing the gravy train I’ve been telling you about.
JRCC and ICO both up again today!! JRCC up another 6.5% today.
Here’s another play for you ME. 5% in 7 days or less!!
16. ByeByeGOP spews:
“What Goldy should have asked GROVER – who names their kid GROVER?”
Almost as funny as WHO NAMES THEIR KID BARRACK HUSSEIN!?
GBS–
Did you buy JRCC & ICO?
Good calls.
I will watch ME from the sidelines.
Not too interested in anything that is not a decent dividend play.
Looks like the lead Marine is free from the lies and slander of John Murtha on the Haditha incident.
Sure is amazing when you have a leader in 2007 earmarks making disparaging comments against Marines on the front lines in Iraq.
Yeah HA Moonbat!s I remember your comments too on this blog. Remember what Puddy said? Premature ejaculation!
Ekim@20: Do you understand our federal laws?
We can’t just mobilize an army to take care of a natural disaster like the Chinese do.
What a moron!
Rog & GBS–
BOOM hit a low of $35.10 today.
As GBS pointed out, there is some weak support around $34.05.
I was looking at the 2 year chart.
My guess is you might get a bounce soon to perhaps 39. Not sure though.
There are better stocks for certain.
Wells Fargo is down to about where I bought the other day @ 24.85. If it drops below 24, I will probably buy more.
GBS–
ICO & JRCC are still cookin’ in a weak stock market. Excellent calls.
Not sure about ME.
Mr. Cynical,
Yaaahooo, I’m in both ICO and JRCC and they’re both up nicely this morning.
ME, I belive, is just finishing a consoliation and is ready to break to the upside. I haven’t checked it yet this morning as I’m managing my options heavily this week. Third Friday this week ya know.
I’ll need to study my charts a little more closely, but the MACD shows a buy signal developing.
BOOM, that’s a scary stock. Lower Highs and lower lows since Jan or so, too wild for me. There are better plays out there.
I’m once bitten now twice shy on financials. I took a hit on HCBK. Looked strong but petered out right after I bought it.
Following my trading rules keeps me out of trouble however and limited my losses. But, HEY, that’s investing.
ICC and JRCC pushed my overall portfolio 14% since May 9th. I’ll factor in todays gain but I think I might go up another point or two. :)
ICO is up 8.8% today.
JRCC is up 5.6%
You are a genius!!
The problem with Short-Term trading is paying tax on S-T capital gains. However, you are fortunate to have to pay a lot of taxes…right? What is your effective tax rate??? Probably in the 30% range.
15% L-T Capital Gains Taxes are what I strive for.
Also Qualified Dividends also taxable at 15%.
Look at it this way…
If your stock goes up 10% ST, your net of tax return would be 7%.
If my stock goes up 3% and gets a 5% dividend, my net of tax is 6.8%.
But I gotta hand it to you GBS, you have a plan and a model that works in the long-run for you.
Too bad O-blah-blah doesn’t have a dang plan!
Perhaps you & Rog could be his financial advisers!
Mr. Cynical.
Genius, nahhh, more like Guinness.
The only important thing about trading is that you are comfortable with your trading plan. Long-term, short-term whatever, as long as it’s making you money.
Hey, read this article on coal. I’m certain you’ll want to move some of your money out of those CD’s and make some real coin this year.
Coal is going to be in a bull run for at least 6 months. It just started earnestly around April / May of this year. There’s plenty of steam left.
This is what I love about the markets; no matter how shitty it is overall, there’s a bull market some where.
I hope you make a ton of money on this play if you and your broker think it’s right for you.
http://news.moneycentral.msn.c.....Symbol=ICO
Oh, and don’t you worry about soon-to-be-President-elect Obama.
He’s going to make the economy better just like President Clinton did. Then, we’ll all make lots and lots of money, the conservatives will get greedy and want lower taxes, spin a lot of lies, get people all nervous and scared, vote Republican, fuck it all up, then get frustrated and vote the Democrats in to fix everything again.
That’s the cycle, that’s how it works.
Americans understand we can’t afford another 4 years of McBush.
GBS,
The Federal Reserve is the manager of the economy. What the government does with fiscal policy is often un-done by the Fed. Who’s in the Oval Office has almost nothing to do with the economy.