Which Americans are you referring to? The ones that get their news filtered through the so-called unbiased major news organizations, which are owned and controlled by the banksters?
Or are you referring to those same Americans who two weeks prior to this political theater…and according those (same) polls you quoted, were predicting that the Tea Party would pick up seats in this year mid-term election. Are those the Americans you're referring to?
Listen friend, All politics are local... And besides, in the end the national polls may not even matter. Gerrymandering has not only helped create a deeply divided Congress, it has made most seats in the House safe.
So if you haven’t yet equated yourself with that fact, I suggest you turn off the PC & MSNBC, move out of your parents basement and get a really job before experiencing the world as it really is.
Listen friend, if you do not yet understand that the elite of the Republican Party and the Democratic Party share the same foundational philosophy of globalism, then you will NEVER understand why our government does what it does. Public battles of words and legislation are nothing but rhetorical cinema. Ultimately, the goals of neocons and neolibs revolve around the centralization of power. All legislation is used either to further centralization or as a smokescreen to confuse the public while centralization is taking place. When has the leadership of either party, for instance, ever demanded a full audit of the Federal Reserve? When has the leadership of either party ever attempted to dismantle the Patriot Act or the despotic provisions of the National Defense Authorization Act or the President’s openly admitted assassination list? They may seem to disagree violently at times, but do not be fooled. The disagreement is likely just another means to gain more dominance.
Some quick comparisons:
Let me make it easy for you, as of yesterday’s close, Facebook had a market cap of $121 billion. The company is currently expected to do $7.32 billion in revenues this year and $9.54 billion next year, along with a non-GAAP profit of $0.71 this year and $0.95 next year. Facebook is roughly expected to have a non-GAAP net income figure of $1.8 billion this year, but a GAAP figure that will be significantly lower than that. Here's a few quick comparisons of names with a similar market cap.
• McDonald's (MCD) has a market cap of $94.49 billion. The company is expected to do nearly $30 billion in revenues next year. In addition, over the past three years, the company has done almost $79 billion in revenues and produced net income of nearly $16 billion.
• Home Depot (HD) has a market cap of $105.9 billion. The home improvement giant is expected to see fiscal year revenues (ending Jan. 2014) of $78.54 billion, more than 10 times what Facebook is expected to do.
• Intel (INTC) has a market cap of $109.9 billion. This year, the chip giant is expected to have revenues of roughly $53 billion, and a profit of $9 billion or so. Intel also has a dividend yield over 4%, and is currently buying back billions in stock per year.
So, you tell me… Does a company expected to have a non-GAAP net income figure of $1.8 billion this year deserve to have a market cap of 260B? In other words, worth almost as much as MCD, HD & INTC combined? Seriously, I’m asking because those companies combined non-GAAP net income is over $39B, or more than 21x that of FB.
Well, does it?
National Review's Washington editor | CNBC contributor firstname.lastname@example.org
Source close to last night's talks tell me CR deal is not as close as many press reports; House Rs far from ready to move on a clean. - 11 Oct 2013
OK, too many hypester on this board right now, which leads me to believe a blow-back is in the cards for tomorrow. Hope I'm wrong though.
What are you talking about hypester? There's a 50-50 chance you'll get hit by a car tomorrow-- Where do you live?
I'm not saying the United States isn't neat, or that I'd want to live anywhere else. I like lotsa stuff about my country! I like the free public schools, the clean-ish air. I like the lack of dead bodies in the street (except if you happen to live in Chicago, Detroit or Camden – NJ). Of course some others here might disagree, but that's beside the point. There are a lot of great things about my country, but insisting on being exceptional isn't one of them. In fact, given the history of Great Powers, our trumpeting our exceptionalism is, ironically, rather typical.
So, instead of demanding special treatment from the world, perhaps we should focus on making this country the best we can, helping those most in need, investing in creating an environmentally sustainable economy to hand on to our children—as opposed to relying on those same thieving banksters to solve the financial problems they themselves originally created , as well as emphasizing peaceful conflict resolution rather than threatening to hurl missiles/drones or whatever else we presently have in our arsenal at anyone we don't like. That is how we can be, if not exceptional, at least admirable.
And for the record…I have no affiliation with the NSA or any other government org. In fact, I wouldn’t be surprised if I’m already on one of their lists… Most non-spoon feed, free thinking Americans are these days.
What is it, exactly, that we are an exception to? Because to most it seems to mean, basically, that whatever rules apply to all other countries should not apply to us.
Offensive military action, attacking a country that has not attacked you, is absolutely wrong... except when we do it.
No country should interfere with the internal political workings of another country, try to influence its elections, or assassinate its elected leaders without declaring war. Except the United States, which has used all those weapons (militarily & financially) and more to undermined every government -- democratically elected or not -- that we cannot profit from. "American Exceptionalism" is simply the belief that internationally recognized rules, morals, and ethics should apply to everyone - except the United States. I'm sure every country would love to have the same exceptionalism, but they are not strong enough (at least not yet) to impose their will on just about everyone else. So instead we are despised for openly demanding that every other country accept that the U.S. is special, exceptional, and fundamentally better than they.
Oh, and about living in a 2,200 sq. ft. wood frame tinder box home that's worth less now than when you bought it isn't that "exceptional" either.
Tea Party DOWN
(mission accomplished - #$%$ how'dya like to be the Ambassador to Ireland - they like Orange there)
Cantor / Ryan - your check is in the mail
Cruz/Rand - time to man up and go your own way and take those other extremists with you
Hillary - it's all yours baby
OK, you're either a 40 year-old virgin still living at home w/ his 80 year-old mommy and paying the rent w/ her SS check, or a 12 year-old obese, acne infested, inbred troll sitting infront of a Commador 64 computer running Windows 1.01 and wearing nothing but stained month old underwaer... So which is it?
LOL... I got in at the IPO back in May '12 and then suffered over 40% lost by Sept. But did I sell? Hell no, I wrote it off for the time being (putting them into my 'forced' L-T investment pile) and instead concentrated on my other holdings. But I did also buy a comfortable amount of the $30 Calls paying between 1.60 & 2.30 earlier this year...and I'm #$%$ glad I did.
Yeah, now let's hope the Zuck's new accounting methods don't F it up come earnings.