Hey Edi, you are ray11 said this was going to move higher significantly. It has not moved much since they announced this BIG buyback. What's the problem ? My prediction.. will be trade bound in the $50's for the next 9 months. What say you genius ?
You are correct with respect to Dems in general, but you are wrong as to Hillary being elected. She will be forced to drop out as I said 18 months ago.
Unfortunately, she'll still get elected. Majority of Americans who vote for Democrats are uneducated and on welfare, or are employed by the government and rely on government for their jobs. They don't watch the news, and only care about the government taking care of them. We're not that far away from ditching the constitution and becoming a socialist / communist country. Just need to nationalize the illegal immigrants, who are largely uneducated and dependent on welfare, and Democrats will have complete control. If Americans who didn't work and relied on welfare couldn't vote, Democrats would NEVER win the presidency or senate.
When you have an inept corrupt leader(Obama) what do you think he hires for support ? More inept corrupt zealots, who will run rings around him which is what Bill and Hillary have done for the last 6 years. This whole e-mail, Clinton Foundation escapade is only beginning. I said 18 months ago that Hillary will not run in 2016.. she won't and this scandal will bring down many Obama players and maybe he will fall also. Stay tuned, the press is starting to take a serious interest in this and will blow this up.
That was a close one. Maybe the next time Maddow the Seductress releases her penus envy on Right-Wing Man she will use something other than those Solyndra powered hot plates. You remember them right? That was the company that received a $536 million U.S. Energy Department loan guarantee, the first recipient of a loan guarantee under Obama's economic stimulus program. Hey maybe you could do an episode about that?
When last we left him, our hero Right-Wing Man had been captured by Maddow the Seductress and strapped to a solar powered hot plate. After three days, it had still not gotten hot enough to kill him.
“This is taking too long!” shouted Maddow. “I will have to switch over to wind power! And then, Right-Wing Man, once I have destroyed you, I will recycle you in an environment-friendly way! Ha-ha-ha!”
Just then the wall of Maddow’s hideout collapsed with a loud noise, as Bush Boy, Right-Wing Man’s faithful sidekick, came crashing through in the right-wing mobile, which was powered by a Mopar 572 Hemi engine, brought to an ear-splitting roar with glass pipes and a carbon monoxide amplifier.
Soon, what was left of Maddow’s hideout was thick with choking fumes and dust. “Curse you, Right-Wing Man!” Maddow screamed as she coughed and rubbed hey watering eyes. “You haven’t seen the last of me!!!” She made her escape in a flurry of of leathery wings.
“Thank Goodness,” Bush Boy shouted as he freed Right-Wing Man from Maddow’s bonds. “I thought you were a goner.”
“Good job, Bush Boy! It will take more than Maddow the Seductress to put an end to… Right-Wing Man!!!””
Join us next time for another adventure of Right-Wing Man, a service provided by the Institute for Right-Wing Victims
The stock price has moved as any stock would move when you're only buying back a few percent of the market cap.
Whose done a terrible job are those who bought the stock thinking it would rise significantly on an insignificant buyback.
Be careful, nancy. I read where that stuff they're selling in Colorado is a lot more potent than the Woodstock era weed. (Advancements in weed-growing technology and all that). Be especially wary of the edibles.
Sounds like you may have overdosed already. A billion dollars, huh?
(3) 2015 - ???
The US and Global economies were rescued from almost "total collapse" of 2008 financial crisis by the unprecedented "easy money" policies adopted by various central banks, including Federal Reserve, ECB, etc. People all over the world know now that the reserve currency is not just fiat but "make believe" -- Central Banks can print, or borrow from the "thin air", unlimited amount of money. ( That is probably "In God We Trust" is printed on all US Dollar bills) All these monetary and fiscal measures have only served to postpone the onset of the "implosion" phase of this current credit cycle. Several financial industry Titans have commented that the credit expansion in US economy has reached the "saturation point", where each addition unit of new credit/debt can no longer justify the risk of extending such credit/debt. The next to come is likely the contraction phase ( or implosion phase) of the cycle.
It will be hard to predict the exact outcome of this "implosion", as we have so many unknowns in our financial economic systems: loosely regulated hedge funds, investment pools; financial derivative markets; the extreme dislocation of risk and award; and the last but not the least, the complacency stemmed from multi-decade of boom and perceived prosperity.
Part I. ( I always wonder why no Wall Street analyst has looked into such pattern.)
The following are three most recent periods where the US economy experienced "implosion" phase of a multi-decade credit cycle.
(1) 1929 - 1939
Some significant geopolitical events that have direct or indirect impact on the timing of the implosion phase of the multi-decade cycle. ( It is important to bear in mind that, although these extraneous events seemed to have been the CAUSE of the onset of the "implosion", they could be manipulated to coincide with it so that people would not blame the economic malaise on the credit contraction dictated by the kinetic mechanism that is inherent in the financial economy. )
(a) The Great Depression started in Oct 1929, as the stock market on Wall Street crashed. Worldwide nominal GDP fell by 15% from 1929 to 1932.
(b) In 1933, many banks had closed. The gold convertibility was suspended.
(c) From 1937-38, a "deep recession" in the depression.
(d) The US started to recover after the onset of the WW2 in Europe.
(2) 1971 - 1981
(a) The collapse of the Bretton Woods I System in August 1971, as the US unilaterally terminated convertibility of the US Dollar to gold. The result was a depreciation of the dollar and other industrialized nations' currencies. Because oil was priced in dollars, oil producer's real income decreased.
(b) The Oil Crisis in October 1973. OPEC raised the posted price of oil by 70%, to %5.11 a barrel. Over time, the price rose to as high as $12 by 1974, creating a massive extraneous shock to the US and world economy.
(c)Nominal yield on 10-year US Treasury Note rose from about 6% in 1971 to more than 15% in 1981. After that, the yield started a multil-decade decline to as low as 1.5% in 2014.
Obama and holder for signing this deal !!!! We need some seals to take out a few america's
"Of course, the start-up costs on a project this important are considerable, so most of this first $10 billion will go to administrative costs here at the..."
This sounds a lot like Hillary's stash, the Clinton Foundation, where foreign governments can go to buy pieces of American government.
We have raised most of this on the FOX message board. Apparently the people on this board are too liberal to donate to the victims of the estate tax. This first billion means that we’re 10% of the way to our goal of raising $10 billion for the victims of the estate tax.
Of course, the start-up costs on a project this important are considerable, so most of this first $10 billion will go to administrative costs here at the Institute for Right-Wing Victims, but within 5 years we hope to have up and running a website where victims of the estate tax can go to write angry posts about Barack Obama.
So, take a stand against Obama by donating to our cause today.
You liberals just don’t understand. Allowing banks to rape and plunder is what makes the free market system great. What would you prefer… the evil government preventing banks from raping and plundering? Only big government liberals believe that raping and plundering should be illegal. Don’t you understand that banks are the true victims?