coolhand's Account Talk

[coolhand]

Let's not start a political discussion here. The article only states the fact that Missouri is taking political action. There are many other actions to come across the country. We are all Americans. I would much prefer we hammer the politicians rather each other.

 

[crws]

yea :ban: guilty :laugh:
It's all about splitting the masses...
http://www.roman-empire.net/society/soc-games.html#gladiators
I will further refrain....
swapping car engines on the first day of AL, none the less.

 

[coolhand]

I agree on the splitting of the masses. Divided We Fall.

yea :ban: guilty :laugh:
It's all about splitting the masses...
http://www.roman-empire.net/society/soc-games.html#gladiators
I will further refrain....
swapping car engines on the first day of AL, none the less.

 

[coolhand]

IBM Bond Sale Signals Rally Strengthening as Ford Raised: Credit Markets

http://www.bloomberg.com/news/2010-...engthening-as-ford-raised-credit-markets.html

 

[coolhand]

U.S. Treasuries Rise as Report May Show Incomes, Spending Waning

http://www.bloomberg.com/news/2010-...-record-on-bets-fed-plans-to-spur-growth.html

 

[coolhand]

Fed Mulls Symbolic Shift

http://online.wsj.com/article/SB100...8620.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

 

[coolhand]

Small Business Optimism PLUNGES: Firms See Lower Spending And More Layoffs Ahead

http://www.businessinsider.com/wells-fargo-gallup-small-business-index-2010-8

 

[coolhand]

US Treasury Projects A $13.9 Trillion Debt Balance At December 31, Anticipates Debt Ceiling Breach Some Time In February 2011

http://www.zerohedge.com/article/us-treasury-projects-139-trillion-debt-balance-december-31

 

[coolhand]

Senate to vote on $27 billion in aid for desperate states

http://money.cnn.com/2010/08/02/news/economy/Senate_state_aid_medicaid_teachers/index.htm

 

[Warrenlm]

With regard to the additional borrowing to give money to states, this is what the PA governor referred to when he was explaining his budget for 2011 assumed additional money from the USG. It still left him a $1B hole to eliminated though, even after the $1B assumed aid. (How easy we write "B" now). The borrowing for the "stimulus"/state aid package preserved state jobs and funded state medicaid, temporarily preventing states from having to raise income, real estate and other taxes. With the prognosis of 4 years of minimal/no growth, it seems the bullet has to be bit soon, at both the state and federal level. Do we think the Congress will continue, every year, to borrow more to pass to the states? What implications does that have for accelerating our Republic to a different form of control?

 

[coolhand]

Scary, isn't it? I'm with ya.

With regard to the additional borrowing to give money to states, this is what the PA governor referred to when he was explaining his budget for 2011 assumed additional money from the USG. It still left him a $1B hole to eliminated though, even after the $1B assumed aid. (How easy we write "B" now). The borrowing for the "stimulus"/state aid package preserved state jobs and funded state medicaid, temporarily preventing states from having to raise income, real estate and other taxes. With the prognosis of 4 years of minimal/no growth, it seems the bullet has to be bit soon, at both the state and federal level. Do we think the Congress will continue, every year, to borrow more to pass to the states? What implications does that have for accelerating our Republic to a different form of control?

 

[coolhand]

Low Trading Volume Indicates Fragile Recovery: Pro

http://www.cnbc.com/id/38521578

 

[coolhand]

Junk Bonds Make Second Run at Par in `Bubblelicious' Rally: Credit Markets

http://www.bloomberg.com/news/2010-...ar-in-bubblelicious-rally-credit-markets.html

 

[coolhand]

California Democrats Seek Higher Income Tax, Oil Levy

http://www.bloomberg.com/news/2010-08-03/california-democrats-seek-higher-income-tax-oil-levy.html

 

[coolhand]

Foreclosed On - By the U.S.

http://online.wsj.com/article/SB100...4128526218.html?mod=WSJASIA_hpp_sections_news

 

[coolhand]

"Are you serious?" We can do anything we want!

ObamaCare and the Constitution - An Update.

http://online.wsj.com/article/SB100...60833226350.html?mod=WSJ_hpp_sections_opinion

 

[coolhand]

Fed Is Unlikely to Take Major Steps to Boost US Economy

http://www.cnbc.com/id/38543220

 

[coolhand]

UPDATE 1-Missouri votes to block US health insurance law

http://www.reuters.com/article/idUSN0318347020100804

 

[coolhand]

U.S. Junk Bond Risk Gauge Declines to Three-Month Low Amid Grab for Yield

http://www.bloomberg.com/news/2010-...s-to-three-month-low-amid-grab-for-yield.html

 

[coolhand]

BlackRock Seeks to Sell Index ETFs That Can Short Stocks, Bonds

http://www.bloomberg.com/news/2010-...ex-etfs-that-can-sell-short-stocks-bonds.html