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stevenash

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Everything posted by stevenash

  1. just looked at the list of new manufacting coming back to the U.s. 13 projects have been announved for 2014 by the following ompanies: ATIC, General Motors, Voestalpine AG, Ford, Mars Chocolate, Fuyao Glass,Mondelez,Eberspaecher, GE Aviation, Lumber Liquidators, Denso, and Beretta. Investment sizes range from 45 millioin to 410 billion. Of those 13 projects, two will locate in states that have a Democrat governor. Hmmm I wonder if there is any sigificance to that?
  2. Dove, i guess you are saying that the $4 million theft is commonplace., I disagree. Is the individual who embezzled the 4 million a crook? Just want to see if you are willing to say it.
  3. . I have dealt with "the other" and paid as agreed. My point is that there are a lot of ways to avoid amassing huge sums of debt. My original suggestion is accurate from a cost perspective. I lived at home for my college years not because I wanted to but because it was practical and less expensive. That did not scar me for life. Once again, the only solution some seem to think is viable, is simply another tax.
  4. Txhoops- now that we have suddenly "lost" emails by Lois Lerner but of six other related individuals, do you regard this as just a coincidence. and fully plausible?  
  5. And don't forget, Smitty they cry that the disparity between the rich and poor is what will bring this country down.  I can't help but believe government tyranny provides a much bigger threat to this country than the disparity between rich and poor.
  6. The IRS told The Ways and Means committee that computer crashes resulted in ADDITIONAL lost emails, including from Nikole Flax, the chief of staff to former IRS commissioner Steven Miller, who was FIRED in the wake of the targeting scandal.  And all of this, of course, is just another phony trumped up scandal by the Republicans.  I wonder if this news,( which seems the bulk of the media refuses to make public), makes the kool aid slightly bitter tasting.  Nah, probably not.
  7. It's going to take a little longer for a response ( if there ever is one) because this one is quite a bit more difficult to rationalize away.
  8. I agree with your trust but verify contention.  Did you read the article?
  9. I haven't been able to post a link for a very long time.  Cant do it from my home computer or my work computer. 
  10. Having problem posting links, but this should interest you.   Google "Washington post party probe" and then click on the article with Ms. Lerners picture attached.
  11. Calling BS means you think I made it up?  If I didn't and can find a link for you, will you then think that it is really odd?
  12. Don't worry about the economy and jobs.  Don't worry about the people dying waiting for appointments at the VA.  Don't worry about Benghazi.  Don't worry about the IRS/Lois Lerner/Lost emails.  Don't worry about what is taking place in Iraq.  Concentrate on climate change, Hillarys new book, and the Redskins and everything else will fall into place.
  13. Enlightened/chosen- We have had this conversation before but if you want to perpetuate it, that's fine with me.  I have never made a cold call in my life nor have I ever marketed an index hugging mutual fund.  And now that we have explored what a low life I am in my business efforts, why don't you go ahead and reveal to us what positions you as such a knowledgeable businessman who is tops in his field?
  14. Westend,  I heard that six other IRS individuals are implicated in this investigation.  Here is another AMAZING coincidence.  Their emails are all missing also. Just Ms. Lerner's and the six implicated and nobody else.  Surely even the most loyal backer of Mr. Obama would have to admit something is amiss here.  Would you agree?
  15. So you dont find that there are just seemingly lots of coincidences in this IRS situation?  If your child told you that "the dog ate my homework", would you accept that or be suspicious that he/she didnt do it and seek further "clarification"?
  16. There is an old saying that goes " The speed of the boss is the speed of the gang.
  17. Very glad to hear your uncle gets timely visits Dove but it is beginning to appear that he might be an exception.  Obviously he is not one of those who died waiting for an appointment.  I would be willing to bet  your comment " So with any non-perfect system, there are always problems to fix" would not have been the same when the hurrican flooding hit New Orleans.  As for how times have changed, I agree,  But my viewpoint is that they have changed where society is encouraged to believe everyone is a victim and only the government can  make it right.
  18. And the reason Ms. Lerner pleaded the fifth is?
  19. If the procedure you list is correct, wouldnt following it be the most appropriate thing to do?  I am not against spending funds to help circumstances such as you described above.  At the same time, there is a lot of "help" given to circumstances that are NOT as you described above.  I am also against expanding the number of social programs as there is overlap in the current programs and once again, since they are operated by the Federal Government, they are hardly models of efficiency and accountability as  the VA debacle CLEARLY documents.  Isn't it odd that some VA patients are going to be given vouchers to go elsewhere for treatment?  Very ironic that the govt will now pay the private sector to handle things it cant handle.  From my perspective, this country already provides a plethora of govt assistance and we ought to be seeking ways to reduce rather  than increase.
  20. That has been available to retail investors for a considerable amount of time.  However, if your double dip scenario is what you truly believe in, bonds would be the preferred investment available.  The funds that you describe simply attempt to mitigate interest rate risk by taking on credit risk, liquidity risk,  and rating risk to name a few.  Furthermore, this approacah can be achieved by purchasing individual issues of credit instruments as opposed to doing it via funds which have no maturity value and hence no promise of return of original principal.
  21. Plenty of evidence out there that the current approach has not worked and the economy is recovering to some small degree not because of govt policy but in spite of it.
  22. The investment community is evenly split on active management vs passive management.  If you are an equity only manager there is about a 70% chance that you will underperform as compared to your benchmark index on a consistent basis over long time periods.  There might be 2 years out of a five year period when you outperform while you underperform the other 3.  For most of the people I deal with, active vs passive is not the biggest concern.  Its making them understand how much risk they are taking to achieve a desired rate of return and evaluating what the chances are that the stated amount of risk will generate that return.  If one client says he has X dollars and wants to have those dollars generate an income of X dollars at some point in the future, you have to make a return assumption that will make that principal and income goal possible.  Once that is done, you must come up with an asset blend that has historically generated that return.  Then a Monte Carlo analysis will give a good indication of the likelihood of achieving the goal.  THis could be discussed for hours with the biggest variable being the stated risk tolerance of the client versus what one perceives as his actual risk tolerance- those two are often a long way from each other
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