..and you are ignorant, Nationalism plays virtually no role in the Middle East......especially in the Islamic World.....the Old Iraq Army was overwhelmingly Sunni especially the cadre. Token Shi ite and I believe zero Kurd/Christian. ISIS is SUNNI.......they hate Iran which is virtually all Shi ite..........
You are guilty of having zero understanding of ISIS. IRAQ, IRAN, and the ramifications of what is going on over there right now regarding the entire middle east. Since you are clearly a LEFTIST....it is clear the future of the US regarding the Middle East should not be left in the hands of Democrats who based on your input/responses KNOWS NOTHING of what the situation is over there and thus, the problems we see today.
As dumb as OBAMA is, even he NOW has a better understanding of what the IRAQ/IRAN....OOPS...Sunni VS Shi ite issue is and for thousands of years,,,there has been no solution, no peace and somehow YOU think you have the answer by pointing a finger at those whose politics differ from your own and accusing them of being idiots!? LMAO...turn around and bend over.......grab your ankles...and KNOW that you are WRONG on all counts! It is no where near as easy as YOU IMPLY it is.........why even YOUR KING, OBAMA can't solve the issue.....................GROW UP.....get a life....and pray the Islamowhackos don't make anymore headway in the Western World......watch France and England, they are guilty of not taking extremist Islam seriously and now, their schools. streets, buildings etc. in fact entitre neighborhoods have adopted Islamic names.......stick that in your pipe and smoke it next time you need a medicinal.........your depth is shallow on the matter.
The ignorance of we, the Western World when it comes to Islam and the serious gap that separates the #$%$ and Sunni 's is matched only by your post which clearly reflects a total lack of knowledge of not only the relationship or lack of relationship between the two Islamic Ideologies but everything else surrounding the issue like PEACE,.....um allies........WAR......the price of oil..........the regional concerns like Israel...as well as trade.......the graphic torture and execution these two Islamic Factions are capable of committing as well as recording...oh that's right, ISIS is here now to teach little bushey tailed dolts like you how far off track the Western World is when it comes to the HORSE TRADING WORLD OF ISLAM.
Anymore questions Siri? ............crickets................crickets..........idiots..........
Your purpose is to fix/prevent problems.......but having watched both State and Fed regulators over the years within the investment industry, I have to ask if ANY of you has ever even worked at a bank, owned your own business, or done something other than a classroom and listen to those who have gone before you that had NO CLUE either?
It's been 8 years now since the financial debacle and I have to say, the banking issue had FED fingerprints all over it. The CRA comes to mind as just the very start of the avalanche everyone endured then and ever since. I ask again, is there a regulator ANYWHERE that has a serous clue as to what is going on? I hope this question doesn't cause you to have a panty attack ;;;I just ask that you all DO YOUR JOBs but more so, that you UNDERSTAND what your job is,....oh and could one of the smart guys explain how BAC is getting singled out after BAILING OUT our nation with the purchase of both Merrill and WashMu?
Crickets.......didn't think so........don't get upset when we tax payers decide we should have a say in your flipping Fed Pensions...........oops......I didn't mean that as a threat....it's going to happen regardless of your grip on BAC. Incompetent "P's" !
Fed Reg at this point is beyond reason, over the top, disruptive, corrosive, and frankly, unfair targeting of the entire sector.
Bank Regulators/Regulations prove how dysfunctional and destructive it is to have folks who have to clue, be given the responsibility to make the rules for anything or anyone, other than themselves.
Sorry for the cynicism all, but hey there Mr Moynihan....you're (BAC) going to make 1.40 +/- and we peasants are getting a whopping .05 cents per quarter? It has been a very long 8 years now, filled with a lot of monetary pain, broken promises, for we shareholders while you all give yourselves pay raises, and bonuses.
Nahhhhhh.....maybe it's just too much to ask for at this point, or for that matter, even expect.
The quota system was not applied equally across all us retailers..... . What is a quota system? It is gov't intervention. Maybe we should ask the NBA to create a quota system? Or, should we allow the NBA to put the BEST PLAYERS out there on the court? I only ask because frankly, your argument reflects someone who wants it both ways.
How about we forget race and focus on THE BEST at whatever the endeavor or is this concept something you can't agree with? Oh and further, why not take those who discriminate to court verses having some onerous gov't program that virtually always fails be imposed on anyone? You need to focus on RESULTS and ACCOUNTABILITY verses INTENTIONS. We have a Black President.....and many Black Americans who have made it in life and many did it on their own......just like most americans who make it.
Race as a crutch is looking backward. not at present or forwards. Any drug thug, he he white or black that thinks the gov't needs to do more for him is invited to move to North Korea or China. Aloowing these idiots to come home just a mere year after living in a commie world will open their eyes and a hunger to succeed in our FREE (though less free) Nation. Wanna ticket to Bejing?
You mean don't ever go on margin......creating leverage is seldom opportunism as much as it is gambling! I've seen to many cash Viking's headed off penniless to cash valhalia because of margin calls over the years!
Small margin positions offset by DIV paying stocks that cover the boggie and active ely managed DAILY can work but it is seriously SELDOM the gambler wins in the end! Or at least in my experience/opinion!
From the early days when Sears was essentially the only game in town or via catalogue, all the way to the early 1970's when the US Gov't FORCED a quota system on Sears hiring. From that point forward, it sems the US Gov't had way too much to say about how this giant retailer operated and as always, virtually anything the Gov't touches turn to...you know what.
However, Sears Ldrshp holds blame as well. Failing to adjust to rising competition, the US watched WALMART begin to fill every crack Sears provided in its failure to adjust from a true catalogue operation to a retail focused dist. network. Sears was happy to have the big stand alone stores.......complimented by Mall co-locations. However, PRICE became an issue as specialty stores popped up everywhere. Where once a shopper could find everything they wanted at Sears...they could now shop at for instance a SHOE STORE...discount shoe store.....mail order shoe store, you get the idea.
However the real nail in the coffin so to speak was the advent of the INTERNET and the BIRTH of AMAZON and now others striving to survive, such as Best Buy for instance. One would have thought a hedge fun guy would have immediately recognized the Amazon Business Model and adopted internet sales IMMEDIATELY but no, Sears was content with the real estate they owned. Oops.
A lot of people made their careers at Sears, their Family's grew up going to Sears......better put, Sears had a huge impact on our nation and the many folks who worked/shopped there. There is no good reason Sears has dried on the vine as it has except for current leadership that REFUSED to adapt and adopt.
Sad as it is, this may well be the very last Christmas for Sears......thanks to the LOSER that runs the show. Remember Eddie....when Sears goes to the Smithsonian, your name will be mentioned as the pilot that flew Sears into history as little more than a memory and just another statistic. IMHO.
Target just got something NO ONE is talking about........DRONE dist. points! You see as DRONES figure into product delivery, EVERY CVS ROOF can be modified such that a DRONE DELIVERY can occur. OOPS........it's coming!
I posted , a few years ago, when BestBuy was dying on the vine, that AMZN should buy them....if for nothing else, for DISTRIBUTION points nationwide. But hey, why not let a competitor live to compete more and more, right AMZN?
I am now suggesting WMT...BestBuy...and a list of others...should consider the ramifications of expanding their product lines by purchasing RAD. Not only can someone ENTER the pharmacy zone on the cheap, they can immediately broaden their customer base as well as future would be DRONE dist. points via every roof top RAD has to offer!
A retailer that is able to deliver small products to a RAD site simplifies the customer transaction by delivering to a neighborhood location closer, to it's customers, future customers etc. This would become a what's it called, symbiotic relationship RAD would have reason to expand it's locations etc., and purchasing retailer would be accessing customers who might not otherwise be MOBLIE enough to visit stores etc. Thus, reinforcing ONLINE retail operations. Ummm, we sure have to remember that my generation, the BOOMERS will become less mobile each and every year, for the next 2 decades and beyond.
The cost to otherwise establish a DRONE landing/delivery infrastructure will become cost prohibitive as accidents /incidents occur and drive improvements/regulations/ and thus growing costs to build such as well as operate.
But hey, maybe RAD will be absorbed by Walgreens or even CVS! WHo knows...but one thing seems certain, as RAD continues it's turn around, it's price tag goes up each and every month that same store sales show improvement as.......they have for quite sometime now. GULP! Any potential buyers had better "....get on their horse...." so to speak !
China shipping BUICKs back to the US should be enough of a wake-up call for UNIONS and their inefficiencies, costs, and greed which has GIVEN BIRTH to International competition! LMAO!
If there is a UNION THUG anywhere who is in Union Leadership, that can read a balance sheet, balance a checkbook, and WANT to run the business they are affiliated with at a PROFIT...then please have him/her step forward............CRICKETS.........crickets.........crickets.......and dead or dying UNIONs as a result of BENEFITS GREED............lack of understanding HOW to run a business at a profit.
Tell ya what you Union Y-a-whos....go ahead and start your own version of Walmart, McDonalds, and of the Auto makers.......or for that matter, any business and lets see how long you last!
Unions suffer from DAS..........or Dumb "A" syndrome.
Not UNION LABOR......at least not most.............most are hard working but if they want to make it in the UNIONs, they can not work too hard or too fast........they are taught to MILK each job they get. Shame on all of you........................at least try tio understand what happens TO YOU after your costs destroy the company you work for...........
As you dolts pointed out, losses from sub-prime auto sales have gone down consistently over the last 5-6 years. There is a reason for that and you totally ignored at least a couple dynamics. First, folks who lost there homes/jobs/etc. learned a very important lesson.....one of many I am sure, and that is, YOU NEED TRANSPORTATION. What has helped this mood? These folks are in recovery mode, many now rent and are just now starting to stick their toe in the water to test home ownership once again.
Add to this wave of folks, the retiring boomers who are finally buying that car they always wanted.......as well as many sizing down and wanting sporty yet economical. Now add in Millenial's and there are 3 very strong groups/demographics/econo-recovery interests buying into auto's.
Forget auto industry lessons learned! RIIIIGGGHHHHHTTTTT....! Subprime lending today does not mean ANYONE an go buy a car..........unlike the mortgage give away of years ago that led to the economic debacle fused by the CRA (community reinvestment act) where no means of proving income was the final blow to the industry.......the auto industry has tighter requirements......second, keeping the financing IN HOUSE is the CHEPAEST and hence the most PROFITABLE way to finance auto sales! Do a few get through that YOUR BANK would not finance, sure, but it's not like a repossessed auto can not be resold! Lets assume F sells a new F150 for 40k......lets assume a 5k profit...NO? Okay a 3k profit so nothing down leaves a 42k customer liability. Cust drives and pays for 3 years...on a 5 year loan......how much has been paid off? Over half. Lets assume a dozen payments have been missed......accrual is in house to I is written off I ASSUME. However it is used to repossess the truck which is now three years old....and sold in the secondary market for over half the original value which exceeds the balance due.
A lot of assumptions above but you get my drift. WS 24/7, your in depth research is lacking IMHO
and I want more bang for my buck......oh and SHORTs.....thanks for paying the DIV! LMAO!
AAPL, way oversold, China issue way overblown......traders grateful for trumped up volatility otherwise, even more HEDGIES would be headed toward implosion from this BULL market which continues after those fearing their own shadow move into CDs and MMs paying ZIPoid! All IMHO......later !
Merger may have led in sorts, to yesterdays FDIC parting of ways and associated costs.
Footprint.....right now, I'll take a larger footprint as long as it does no harm.......besides, the real reward for the entire industry is an increase in rates which may be as soon as next month. Not a large increase but a rational, paced.....increase but HOPEFULLY NOT MERELY for the sake of appearance, Please FED!
Nice earnings, nice forecast......would not want to be SHORT......someone out there has got to asking themselves what they were thinking when they went short IMHO......
OOPS! They are doing so already........regarding AAPL no longer being #1 in China...well it is a tug of war over there and it will go back and forth as it already has!
Traders caused this sell-off.....they are shaking Mom N Pop from the AAPL tree and taking the money left on the table...........but uh oh! Guess what!!!????
EX-DIV is right around the corner...and the SHORTS HATE paying out a DIV......see nice price recovery by Friday....to low 120's IMHO..............
Who is selling? DUH...traders trying to cause a storm only to cover before Ex-Div...shaking Mom-n-Pop from the AAPL tree.......AAPL will be up tomorrow if the latest Monday sell-off Tuesday rebound and then some continues.......truly a traders market and truly a trader created market IMHO........of course one can SHORT AAPL and pay a .52 DIV here real soon!
Oh and the talking/barking heads on TV sure love to help perpetuate such moves through the constant dribble of BS only to wake up the next day with a different tune! LMAO! AUTO sales are UP and away and gee, anyone think smartphone sales are going to be up too!? I mean this lunacy of a trader created sell-off is so predictable it seriously begs the question of market manipulation.