Since then the sloth of American society have figured out they could vote themselves a tax payer funded life of slothitude. If you create and environment where roaches can mulitply, they will.
In 2008 the demosloth party conjured up images of a return to the Gingrich/Clinton era of the late 90's under bonobo to win the election. They amplified the stuff they claimed was the bad part of the Bush era -deficits, debt,... 4 fold.
The saw the sloth state under bonobo and said "this is good". They thrived and multiplied.
In 2012 the demosloths conjured up images that a return to the Gingrich/Clinton era the republicans called for was a bad thing. The sloth said "this is bad" and they thrived and multiplied.
We now have a country full of cockroaches, not to mention out of the closetcocksuckers.
"whatever money they dont payout to share holders goes to the bottomline,"
All earnings announcements are ex-dividend, so for reporting purposes, they don't impact the reported "bottomline", the earnings per share, the PE ratio (which is the driver for normal stock prices), etc.
C could pay out 100% of a $1.00/shr earnings qtr in dividends and it would still report $1.00/shr for the qtr.
They do impact retained earnings, assets, capital ratios, etc on the balance sheet, but most C bagholders don't know what a balance sheet is.
And with C's report today, boosted only by an unexpected less loss from C Holdings, C is on track to match last years earnings of about $4.50/shr. Which means it's a $45 stock or more than fairy priced now.
C would have to increase revenue and profits by over 20% to meet 2015 projections of $5.70. It ain't happening. C is a $50 stock at best.
Maybe you're being sarcastic, but the Fed doesn't report C's earnings.
What is ironic is the C failed it's stress test because in effect the Fed C was not capable of estimating revenues and earnings with any credibility.
This would be consistent with docholliday's, I would say accurate, comments above.
C's reports are like Al Gore's man made global warming alchemy, based on convenient lies and inconvenient truths.
Based on his ideology, I expected his policies to make matters worse, while based on his ideology, he expected his policies to make matters better.
Measured against any and all of his promised results, his perspective, we got the former.
Yes it depends on perspective and definition.
I shouldn't have to run through the long list.
His successes are failures for all other Americans,... including blacks.
After 50 years of affirmative action and a trillion per year in welfare, there is no "plight of the blacks",... except at the hands of the black leaders or blacks themselves.
So when I find myself in the midst of republicans, the topic that commands the most attention is the plight of America under a tard controlled government. If there's no America, there's no need to worry about the plight of Americans regardless of race.
I can honestly say, every time I find myself in the midst of democrats or I flip through MSNBC, somebody is throwing down the race card, claiming that they, bonobo and holder are treated unfairly because they are black.
Let's face it, if you're not smart enough to keep you pants up, you're probably not smart enough to find the Higgs boson, but the muther pheckers were elected to the highest office in the country,... twice. And whitey didn't send the pink panthers to hang out at the polls with clubs to try to intimidate little old black ladies.
They have 99% of the media making excuses for them. If they can't take the pressure of leadership (there's no doubt they're not qualified for it), they should resign. Do something other than whine about how they're not getting the respect these clueless lying morons (ya know,... these deficits are unpatriotic,.... if I can't reduce the deficits to $300 billion/yr by my 3rd year in office, it's a one term proposition,... if you like your plan, you can keep it, if you like your doctor, you can keep him,...oh and we're going to save you on average $2500/yr on your premiums,...) think they deserve. Respect is earned, not given because the welfare state fell for a bunch of lies.
All of bonobo's failures are because of his incompetence and his policies, not because republicans care what color he is.
I could post a long list of democrats who've hurled racial epithets, where barely a word about it is mentioned in the press.
how the black vote is being suppressed. This after 5 years of bonobo restricting the military vote.
Do you morons not understand you make up 12% of the population (it'd be more if it weren't for the work of Margaret Sanger *******, the person behind planned parenthood's highest award, the one Nancy Pelosi, Hillary Clinton, Jane Fonda, and a bunch of other tards have been honored with), you have an uncouth black president, a tax payer money wasting first orangutan, a black racist crook as attorney general and a bunch of black morons in the democrat black caucus who don't know if they're coming or going?
In spite of gaining all of these black representatives and your continued support of the black race pushers like Sharpton and Jackson, your lot in life is worse now than anytime since the civil war.
It's your own doing. It's not because of restricting your right to vote, quite the opposite.
******** For all of you bonobo supporters, Margaret Sanger, founded Planned Parenthood in 1921 for the purpose of the elimination of ”human weeds” and those “unfit” to “breed,” including African Americans and the disabled. She wrote in her "What Every Girl Should Know" commentary, she observed that Aboriginal Australians were "just a step higher than the chimpanzee" with "little sexual control," as compared to the "normal man and Woman."
So year after year tards graciously and proudly accepting an award that's consistent with the their ulterior motive,... which is the unwitting enslavement of blacks in the welfare state and keeping their their populations to a minimum and in their rightful place, while the republicans have historically attempted to free them from it. Ya know,... like they did in the civil war.
2010 was just one year after bonobo took office. He hadn't had time to prove what every sensible person knew,... that he was an inexperienced incompetent inept empty suited imbecile.
Since then the indisputable fact that he is an inexperienced incompetent inept empty suited imbecile has come to light and the 2014 Common Sense ranking says if Bush was rated as one of the top 5 worst presidents in 2010, then bonobo with his unprecedentedly failed record is no doubt the grand prize winner of the worst presidents in US history (not the mention the future, cause it can't get any worse) award by several orders of magnitude. With Carter coming in a close second.
It wouldn't matter if it's a 2 or an N party system, in the end, there are 320,000,000 opinions in the US. All looking out for their own interest. You can try to group them all you want, but there will be subgroups and sub-subgroups that would prefer to have their own party of like minded people. Europe has multiparty systems. After the election dust has settled, they form coalitions (choosing the lesser of evils) to get majority power. They still have to compromise.
And the way the system works, to get elected, politicians have to cater to (aka lie to and therefore win favor of) the most voters. If this is not being taken advantage of by corporate lobbyists or welfare state voters demanding more welfare it's some other special interest trying to get their interest put first. What's screwing up the country, aside from too many people being allowed to vote who shouldn't, is an idea of unlimited spending capacity and radical socialist nobodies like bonobo stumbling into office on political correctness.
"Republicans have voted to increase Federal Spending equal to the Democrats year after year."
The debt when Bush left office was $10 trillion. It's over $17 trillion in just 5 years.
How many republican proposals to cut , cap and/or balance the budget in the last 3 years have the tards and the wacko fringes of the congressional population voted against? Whatever the number is, they've voted against them all.
It's not like it's an uncommon idea. Most of the states have balanced budget amendments and rainy day funds.
"It wasn't until the UST and FED conspired with JPM to remove the overnight lending facility to LEH,.."
Lehman was leveraged 30 to 1 in subprime mortgages in 2008 while subprime mortgages were dropping like flies. Lehmen was on the wrong side of a highly leveraged bet. There was no conspiracy. Except for the one to have tax payers bail out AIG and the rest of the banks and then allowing AIG to pay GS, BAC and the rest 100% of their CDS claims.
I'm not sure where you get 99% of the traders are short. The smart ones are, but the 10 year would say the traders, or the ones that drive the markets, have moved into bonds.
Gold and Silver are still stinking the place up, because of the Fed's tapering. And with the Fed backing off the only thing that could inflate this artificial stock market bubble (it sure has nothing to do with bonobonomics), if there ever was one, this is the year to sell in may and go away.
If JPM missed, you can be 99% trader sure that C will have a disappointing number as well.
Chris "I'm roaming in search of my gender" Romer with her "you get $1.60 back in GDP for every dollar wasted on welfare" must be advising the C board in some hermaphrodite fashion or another.
You better place your bet before the market closes today. JPM announces tomorrow morning before the open. Good or bad news will move all financials tomorrow.
"Yeah, they screwed up in the past but you have a whole new management team now."
Yep C's a well oiled machine now.
"all of the other developed countries have medicare or VA equivalent for everyone, mostly VA - aka single payer, and per person healthcare costs around half of US average with better average life spans."
The fact that the US's healthcare costs are 50% higher than the next highest country would support my hypothesis,... ie our dysfunctional market intervening government drives prices higher. But there are other (most gov't driven) factors,... in no certain order;
Europe doesn't have 20 or 40 million uncounted undocumented workers from south of the border sauntering through the revolving door to demand healthcare maintenance through the most expensive avenue at the most expensive time available, US emergency rooms Friday, Saturday and Sunday nights, thanks to Reagan's "Emergency Medical Treatment and Active Labor Act".
They also don't contribute as many troops (most don't even have a military, aside from the US's) to any war and therefore aren't running them through their healthcare system. Btw, the quality of care vets get through our gov't run VA is despicable. (Much like the patchwork that is bonobocare.)
The US's per capita net disposable income is about 25% higher than the next highest European country. So more money is available to be spent on healthcare as well as fast food, Iphones, video games, cars and other sedentary unactivities to help create an unhealthy obese population,... particularly in the welfare state. Doctors in the US make about 4 or 5 times what they do in Europe.
Our system is riddled with fraud and claims of disabilities to sponge off medicaid and SS. While gov't workers with cadillac plans are exempt from having to participate in the lie signed by bonobo known as the un"Affordable Care Act". (Where's the "equality"?)
Other countries don't have the litigious society we do. U.S. litigation costs are at least twice those in other developed countries, according to a 2008 study by the Manhattan Institute's Center for Legal Policy.
People have worked for 230 years without "getting a minimum wage AND social benefits" did it myself when I was in school, what the deck makes you think they need it now? It drives you to do better, rather than settling for a minimum wage/welfare state way of life.
How about, when you go get your fast food, you give every worker in the place a $20 and leave the rest of the country the freedom to choose to do that or not?
Oh I know we have freedom as long as our freedom agrees with yours.
Tardism is a mental disease.
Government has been spiraling out of control for the last 230.
As miltz said, bonobo's doing it solely for political gain. In fact he couldn't care less if it passes or not. That's bill Clinton politics 101. 'I tried to get you more free stuff, but the mean ole (only responsible saps in congress) Republicans voted against it.'.
Right insurance companies just make up numbers. There's no science behind what they do.
And by extension you think the government, the Fed, et al... and their actions, their regulations, their interference in the free market, subsidies for this and that special interest, rates have no impact on the value of money, the supply and demand and the cost of goods in the market. Or if it does it's only good stuff, like the housing bubble.
Oh that's right, you thought Ron Paul growing spending in his district faster than any other congressman, his voting against one proposal to balance the budget after another, and other insane activities,... were the foundations of leadership and support for a fiscally responsible limited government.
And Ron Paul was for the legalization of drugs. And this children is why they should not be legalized.
I don't think home my owner's insurance is high & I have many homes. I pay on average about 1% of the value of the home per year. And then the deductible is only about $500.
Medical insurance for a working age family averages $16,000/yr (about 1/4th to 1/2 of which is paid by the employer) and then there's a $5000 or so deductible. Under bonobocare, it's worse.
All insurance premiums are based on actuarial science and the payout costs. Prior to bonobocare, there were payoff caps even for cancer patients. So it wasn't due to an unlimited liability. With the ability to detect cancer earlier and better treatments, I rarely hear of anyone with cancer unless they're in their 80's or 90's where if it weren't for that, they'd have some other issue.. Obesity, diabetes and heart disease are the most common ailments. All of which are within the patient's domain of control through diet and exercise.
Genentech hired Milliman, the actuarial firm, to do a study - Over the course of a year, 2 out of every 1,000 people will rack up $100,000 or more in medical bills. The ten most commonly expensive are as follows. These are average costs, so many patients even with these conditions will not reach the $100,000 per year mark:
1. HIV $25,000 (sick bax-tards)
2. Cancer $49,000
3. Transplant $51,00
4. Stroke $61,000
5 Hemophilia $62,000
6. Heart Attack including Cardiac Revascularization $72,000
7. Coronary Artery Disease $75,000
8. Neonate (premature baby) with extreme problems $101,000
9. End-Stage Renal Disease $173,000
10. Respiratory Failure on Ventilator $314,000
$16,000/ year x 250 = $4M/1000 people vs $200K
No it's largely due to government involvement. Anytime, you take the costs out of the purchaser's hands, remove competition, subsidize it with unlimited gov't funds, have a pay for service system,... there's mo mechanism to keep costs low. And the high cost of medical procedures in the US has a lot to do with our litigious society & the cost of malpractice ins.