They targeted both parties that sought tax breaks for political contributions. Republicans / FOX / Limbaugh make a lot of empty noise. Right wing is so partisan, they cannot distinguish between fact and fiction.
How would you know if IRS is loaded with Liberals? Information from whom? Right wing media or those Right Wing politicians accusing IRS was targeting them. IRS is trying to perform their assigned duty, they have no political agenda.
$$$ is way too high. If and when Copper goes to $4 per pound.
The management must resign, they have violated their fiduciary responsibility. You can't save Peter by making Paul pay.
You can believe what you wish, please go ahead and protest in front of 1600 Pennsylvania Ave. Or better yet, if you believe he has committed a crime, ask you Congressman to impeach him.
Pain for some, relief for countries like India, japan, and all countries which import fossil fuels. They bore the burden of $140 per barrel, hopefully this will help them recoup.
Without MIT, Princeton, Yale, Stamford, Columbia and many more universities we would be still riding in buggies. Besides we are One America, not RED or BLUE. Some states have fossil fuels, others farm land, others are manufacturing experts, others have the best ports, every state has resources that we all Americans should be proud of. Its starts with respect for our President and elected representatives. If you don't like some member, convince others to vote them out.
Fortunately 52% + had enough knowledge to elect him President twice. We are a free country you can believe in all the fables you desire.
YES, it is a pain for fossil fuels, but a boon for almost all other industries. If you only hold fossil fuel stock you forgot "never put all your eggs in one basket". Besides pipelines have performed quite well if you bought them a few years back and will again perform well with or without fossil fuel commodity cost. Loss in oil drilling jobs is bad, but the prosperity for other industries more then compensates for it.
We can survive without XL, but surely not with out repairing and building our infrastructure. Why is only XL so important?
We can create more jobs then just XL pipeline. I support XL but why stop there. Our infrastructure needs extensive renewal and addition to current day needs. XL is only a minute part, not even in the TOP 25% of must have projects. Bridges, levies, water, basic needs are high on my priority list.
There are corrupt politicians in both parties. I could name plenty, its not my place or desire do that. Just go and research how many corrupt Republican politicians are doing jail time even today. Cost of Iraq and Iran wars will add up to $ 6 Trillions. President Bill Clinton left a budget surplus and that transformed in to deficit by the next President. Do a bit of research, its easy to find which corporations profited from those wars and their political campaign contributions.
I think it makes more sense to fund community colleges then spending looking for WMD, giving Carried interest tax cuts, subsidizing billionaires.
Personally I consider ROTH IRA investment as "SACRED MONEY". One that has the best risk / reward ratio, with a minimal risk of decline. I rated KMI as a 9 not for high reward but for lower probability of decline in value after including dividends. Maybe with my grade was generous, its OK for me to expect / earn a slightly lower reward with safety in my ROTH IRA. I also hold Dominion, with majority of stock holding in total stock Market. Maybe its not the smartest strategy because ROTH funds usually are tapped the last. Of course tax consideration would make this an individual choice.
Not sure how KMI will be treated going forward since it is no longer an MLP. Will they value it as a utility, rail, or another high dividend growth stock with good growth. What's your opinion?
I agree its much easier to put it on auto pilot, most of us have day time jobs and managing our accounts is hard. Yes, its 1% of the value each quarter, but that adds up if you plan to hold for 10+ years. I consider it as profit harvesting also. We must trim and harvest profits when we have them. I agree discipline goes a long way. Its not a forte of amateur investors like me.
We all seek an optimal investment. One with limited risk, good dividend, reasonable growth and low price fluctuations, business with low competition, recurring revenue and no chance of becoming obsolete. If we identify such an investment we must make it a core position. So far KMI has met all the criteria. If there is a perfect stock, KMI almost meets the criteria so far. I would give it a 9 on a scale of 10. Would like to hear what other think. You can grade individual criteria or add others.
With an extreme low trading cost ($2 @ Vanguard) why not buy the stock in open market? Brokers buy on the date dividend is distributed without regard what the trading price is.