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unclefulbert 281 posts  |  Last Activity: 8 hours ago Member since: Mar 8, 2003
  • unclefulbert by unclefulbert Mar 2, 2016 12:44 PM Flag

    Six New Jersey newspapers issued a joint editorial calling on Christie to resign following his failed presidential campaign and subsequent endorsement of Republican frontrunner Donald Trump.

    “We’re fed up with Gov. Chris Christie’s arrogance,” the papers wrote. “We’re fed up with his opportunism. We’re fed up with his hypocrisy. We’re fed up with his sarcasm. We’re fed up with his long neglect of the state to pursue his own selfish agenda. We’re disgusted with his endorsement of Donald Trump after he spent months on the campaign trail trashing him, calling him unqualified by temperament and experience to be president.”

  • Private-sector payrolls gained 214K in February, according to the ADP. That's against expectations for a 185K gain and January's addition of 193K (revised down from 205K).

    December's originally-reported 257K job gain was revised higher to 287K, and November's 217K gain revised down to 193K.

    The average job gain over the past three months of 231K compares to 180K in the previous three months.

  • unclefulbert by unclefulbert Mar 2, 2016 9:22 AM Flag

    Sarah Palin endorsement fails as Ted Cruz beats Donald Trump to win Alaska
    Washington Times - ‎3 hours ago‎
    Former Alaska Gov. Sarah Palin waves as she arrives on stage to endorse Republican presidential candidate Donald Trump

  • Mark Zandi, chief economist of Mood y’s Analytics, said, “Despite the turmoil in the global financial markets, the American job machine remains in high gear. Energy and manufacturing remain blemishes on the job market, but other sectors continue to add strongly to payrolls. Full-employment is fast approaching.”

  • Reply to

    Trump is a Democrat in Republican clothing!!!!

    by baggerssuck Mar 2, 2016 12:54 AM
    unclefulbert unclefulbert Mar 2, 2016 8:20 AM Flag

    It is clear that Trump supporters are angry white men and women who are disgusted that the establishment failed to repeal Obamacare, failed to lift their stagnant income, failed to expel the Mexicans, failed to stop gun violence, failed to put crooked bankers in jail, failed to put ISIS in their place, failed to help with their home mortgages, failed to have miracle cheap drugs ... at least in their minds.

  • The antipolitics people refuse compromise and so block the legislative process. The absence of accomplishment destroys public trust. The decline in trust makes deal-making harder. We’re now at a point where the Senate says it won’t even hold hearings on a presidential Supreme Court nominee, in clear defiance of custom and the Constitution. We’re now at a point in which politicians live in fear if they try to compromise and legislate. We’re now at a point in which normal political conversation has broken down.

  • unclefulbert unclefulbert Feb 27, 2016 9:17 AM Flag

    Don't knock it. Clinton was just as bad towards women and got elected twice. He was an entertainer then and spoke his mind and mine as well.

  • Alabama passes law barring cities and towns from increasing minimum wage
    Fox News - ‎4 hours ago‎
    Alabama Gov. Robert Bentley signed a bill Thursday barring cities and towns from setting their own minimum wage just as Birmingham was set to raise it to $10.10.

  • unclefulbert by unclefulbert Feb 26, 2016 4:19 PM Flag

    A RETIREE'S LAST TRIP TO COSTCO

    Yesterday I was at Costco buying a large bag of Purina dog chow for my loyal pet, Necco, the Wonder Dog, which weighs 191 lbs. I was in the check-out line when a woman behind me asked if I had a dog.

    What did she think I had an elephant?

    So because I'm retired and have little to do, on impulse I told her that no, I didn't have a dog, I was starting the Purina Diet again. I added that I probably shouldn't, because I ended up in the hospital last time, but that I'd lost 50 pounds before I awakened in an intensive care ward with tubes coming out of most of my orifices and IVs in both arms.

    I told her that it was essentially a Perfect Diet and that the way that it works is, to load your jacket pockets with Purina Nuggets and simply eat one or two every time you feel hungry. The food is nutritionally complete so it works well and I was going to try it again. (I have to mention here that practically everyone in line was now enthralled with my story.)

    Horrified, she asked if I ended up in intensive care, because the dog food poisoned me. I told her no, I stopped to Pee on a Fire Hydrant and a car hit me.

    I thought the guy behind her was going to have a heart attack he was laughing so hard.

    Costco won't let me shop there anymore.

  • Leonard Cohen - Nevermind lyrics:
    the war was lost ♪ the treaty signed ♪ I was not caught ♪ I crossed the line ♪ I was not caught ♪ though many tried ♪ I live among you ♪ well disguised ♪ I had to leave ♪ my life behind ♪ I dug some graves ♪ you'll never find ♪ the story's told ♪ with facts and lies ♪ I have a name ♪ but never mind ♪ never mind ♪ never mind ♪ I had to leave my life behind ♪ the story's told ♪ with facts and lies ♪ you own the world, so never mind ♪ my woman's here ♪ my children, too ♪ their graves are safe from ghosts like you ♪ in places deep ♪ with roots and twine ♪ I live the life I left behind ♪ the war was lost ♪ the treaty signed ♪ I was not caught ♪ I crossed the line ♪ I was not caught ♪ though many tried ♪ I live among you ♪ well disguised.

  • Reply to

    No recession, even with Congress doing nada

    by unclefulbert Feb 26, 2016 8:52 AM
    unclefulbert unclefulbert Feb 26, 2016 11:06 AM Flag

    vt, they won't get a pass from me. It seems to me that everyone wants tax reform, fix the roads/bridges, promote STEM education, more affordable healthcare, higher middle class income and lower federal deficit. Doing nothing about those items is why the GDP is so low for so long.

  • Consumer purchases climbed in January by the most in eight months, fueled by faster earnings growth and indicating the biggest part of the U.S. economy gained momentum at the start of 2016.

    The 0.5 percent advance followed a 0.1 percent gain the prior month, a Commerce Department report showed Friday. The January figure exceeded the 0.3 percent median forecast in a Bloomberg survey. Incomes also climbed 0.5 percent, more than projected. The Federal Reserve’s preferred measure of inflation rose by the most since October 2014.

    Steady hiring, cheap gasoline, and rising home values are powering Americans’ ability to boost spending, which accounts for almost 70 percent of the economy. Households are broadening out purchases beyond big-ticket items such as cars and houses, which bodes well at a time manufacturing is weak.

    “Income growth is solid, so we expect consumer spending to pick up this quarter,” said Michael Gapen, chief U.S. economist in New York at Barclays Plc. “The fear was that the consumer was slowing down at a more pronounced pace than people expected. Today’s numbers show the consumer doesn’t look to be rolling over by any means.”

  • Reply to

    No recession, even with Congress doing nada

    by unclefulbert Feb 26, 2016 8:52 AM
    unclefulbert unclefulbert Feb 26, 2016 9:12 AM Flag

    liesallday,

    You do not disappoint, sunny as ever over the past 7 years.

  • U.S. Q4 GDP was revised up to 1% from 0.7% in the first estimate, and against expectations for a downward revision to 0.4%.
    The upward adjustment is mostly thanks to higher-than-previously thought inventories, and a downward revision to imports. These changes were only partially offset by slight cuts in state and local government spending, and personal consumption expenditures.
    The price index, however, slowed - up just 0.4% vs. 1.3% in Q3. Core prices gained 1% vs. 1.3% in Q3.

  • unclefulbert unclefulbert Feb 25, 2016 9:05 PM Flag

    If both Cubans lose their home states, the establishment must think hard to force both out and elevate the Gov from Ohio. But if the Gov were to lose as well, then time to draft Romney or Bloomberg.

  • Reply to

    Dividend

    by jdalb Feb 25, 2016 11:14 AM
    unclefulbert unclefulbert Feb 25, 2016 12:07 PM Flag

    If you think 5% is attractive, then you should try some oil and gas stocks or REIT names. BP is at 8.4%. The REIT AGNC that Langosta used to love is yielding 13.2% ...

  • Marco Rubio's path to victory in his home state — a state he considers a must-win — looks like an uphill battle, according to a new poll released Thursday.

    Rubio, a Florida senator, trailed GOP frontrunner Donald Trump by 16 points in the Sunshine State. Trump held a 44% to 28% edge there.

    Rubio said last Sunday that, like several other elected officials in the race, he would need to win his home state.

    "Well, I think that's true for everyone in this race. And it's always been true. And we feel real good about Florida, especially now that the race has narrowed," Rubio said on ABC's "This Week" when asked if Florida was a "must win."

  • Reply to

    Dividend

    by jdalb Feb 25, 2016 11:14 AM
    unclefulbert unclefulbert Feb 25, 2016 11:24 AM Flag

    When the stock was split, it was trading above $15. How's 5% divi attractive if shares continue to tumble? Besides, you do realize that you, as a shareholder, will be collecting the 5% from fired workers miseries. How do you fell about that?

  • Reply to

    Paid $11.92 and stock trading at $10.19

    by unclefulbert Feb 25, 2016 9:10 AM
    unclefulbert unclefulbert Feb 25, 2016 9:42 AM Flag

    Fell below $10 a moment ago. Market is not buying the same cook book: faster layoffs.

  • Pre-Market : 10.19 Down 0.63 (5.82%) 9:05AM EST

    The executives are going to give themselves another bonus and more stock options for their winning buy back strategy.

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