Cknolls

QUOTE (jasonxctf @ Feb 11, 2010 -> 06:21 PM) INDIANAPOLIS – Health insurer WellPoint blames the Great Recession and rising medical costs for its planned 39 percent rate increase for some California customers. To President Barack Obama, however, it's Exhibit A in his campaign to revive the health care overhaul. Health and Human Services Secretary Kathleen Sebelius, who received the company's explanation in a letter Thursday, said "it remains difficult to understand" how premium increases of that size by can be justified when WellPoint Inc. reported a $2.7 billion profit in the last quarter of 2009. But failed to mention 2.2 billion of that profit came from the one time sale of a subsidiary. But who needs details.

URL: http://www.rollingstone.com/politics/story..._bailout_hustle Railin on GS again.

QUOTE (Balta1701 @ Feb 18, 2010 -> 11:37 AM) Or, that the decision making process has been politicized and affected by the demands of industry and is not 100% based on the best science. But science is never politicized .

QUOTE (Balta1701 @ Feb 17, 2010 -> 05:24 PM) If you think I talk out of both sides of my mouth here, that's fine, but there's still an easy answer. Pass a bill putting a substantial and increasing-with-time price on carbon emissions and let the markets sort it out. (oh, and end the coal and oil subsidies too). Let the mkts sort it out. OMG! The apocalypse is upon us. Mkt forces will work it out? Nice!!!!

QUOTE (bmags @ Feb 11, 2010 -> 09:53 AM) Ahh, yes. The CBO is of course a democrat institution now. the whole world is against you all. The whole world. You have no power. You poor blokes. It is proven fact that GM would have to have a record mkt cap in order for the gov't to make a profit.

QUOTE (StrangeSox @ Feb 11, 2010 -> 08:28 AM) We've released a millions of years worth of stored carbon/ energy in about 150 years. So we still have 2 to 3.5 million years worth to release?

QUOTE (bmags @ Feb 10, 2010 -> 10:12 PM) I don't recall calling you a bucktoothed unedumacated southern bumpkin. Those words are beneath me. Sadly, you can't refute anything. Party of torture. Party of fiscal irresponsibility. Well the 2 largest budget deficits did occur with a Democratic Congress.

QUOTE (bmags @ Feb 10, 2010 -> 06:31 PM) If they wanted to take over you and your property, I'd fully support it. I truly hate how they could have extended unemployment benefits, that truly must have hurt you and yours. And since they SO WANTED SOOOO BADLY to take over the health care system, the bill proposed pushes 30 million new customers on to them as long as they don't deny. But that doesn't matter kap, everything is equal. If the dems want to (SHOCK!) raise taxes to help raise for the programs the country wants (Medicare, Medicaid) and the the country needs (War Funding) = taking over your property. You really think they won't sell off their interest in GM any taken over company as soon as they can? No you don't. But hey, work hard for those great republicans to go cut taxes and raise defense spending and don't do anything else (except maybe anything the christian base finds immoral). That will solve soooo many problems. Well we know they cannot sell their interest in GM for a profit because GM would have to have an all time high mkt cap in order for that to come to fruition, and methinks if it didn't happen in the boom years for GM, it will not happen now. Unless we get the CBO to do their analysys and maybe the WH budget office to give their take, then we'll probably make $50 billion on the deal.

QUOTE (bmags @ Feb 10, 2010 -> 06:06 PM) This is just kind of a throwaway statement. The point is about one party not really care about governing, is when the republicans had their turn at a health care initiative, they passed medicare part D, a COMPLETELy unfunded bill to gain favor with old people. Now the dems take on a bill that will provide for 30 million, though many in southern states that refuse to acknowledge how federally subsidized they are, and they not only take on the trying to provide health insurance, but made cuts in medicare to make it a bill to bend the cost curve. And meanwhile? The repubs offer a bill with the soundbites "COSTS LESS" but does nothing, say that the other bill is full of death panels and other outrageous s***...and what is their platform right now? Tax cuts. Cutting discretionary spending. Torture. i.e. elect us, we won't make you think. Did the Dems want a bigger Medicare bill or smaller one, or none at all? And would that have been paid for?

QUOTE (Balta1701 @ Feb 10, 2010 -> 03:11 PM) Worked great for Herbert Hoover. I can wait for the Keynesian answer. More debt more debt. I like how this is not a stimulus bill too!

Expanding unemployment benefits, medicaid relief for states= JOBS BILL. LMAO1 I'm sure paygo will apply....Oh wait that doesn't start until the next Congress....bUT MAN WILL WE SAVE THE JOBS....wHAT A f***TARD HE AND cONGRESS ARE FOR SUGGESTING THIS NONSENSE AND PASSING IT...

QUOTE (StrangeSox @ Feb 9, 2010 -> 12:44 PM) I find something ethically wrong with trying to make a buck on a situation like that. LMAO!!!

Rumors flying all over the place as to what Iran will do on Thurs. I have heard anything from announcing that they raised their uranium enrichment to 20% to seizing the British Embassy, to the latest from Debka.com, that there will coordinated attacks on the French, Italian, and Dutch embassies by Basijj militia dressed in civilian clothes. Maybe get long a little USO in case something happens. It certainly cannot hurt and maybe we make a few shekels.

QUOTE (Cknolls @ Feb 9, 2010 -> 11:39 AM) I would be highly suspect of this rally based on bilateral help to Greece from the eurozone. I am a seller here at 1075.00 future with a test of 1070. And there is a chance that a break of 1058 leads to a test of 1052.25. Who would have thought it would happen this quick? Wow trading 67.00 already.

I would be highly suspect of this rally based on bilateral help to Greece from the eurozone. I am a seller here at 1075.00 future with a test of 1070. And there is a chance that a break of 1058 leads to a test of 1052.25.

FWIW. The daily charts left a HUGE buy signal on Friday. We could rally back up to 1110-1111 area before selling off again. But the weeklies had 3 consecutive lows for the first time since the March lows. So we could see a two week rally into expiration before a selloff.

QUOTE (Balta1701 @ Feb 6, 2010 -> 07:11 PM) 9 straight months of the market going up, and not once do you guys point out a connection between the Pres. making a speech, and the moment it starts going down again and the market, it's immediately "Look how it started going down after Obama talked!" Because as I have said before the huge rally was due to the gov't forcing people to chase yield and the only place they were going to get paid was the stock mkt. They forced people to take risk. That is not a good thing.

http://thehill.com/blogs/blog-briefing-roo...andidacy-a-joke BOO-HOO. Change your diaper, have a scotch, (that is what the Kennedy's like,right), Get your pacifier, and shut the f*** up.

So Obama calls Navy corpsmen "corpse men" twice yesterday.........Waiting for the backlash and joke making...Will there be any? Besides maybe SNL?

QUOTE (Balta1701 @ Feb 5, 2010 -> 07:45 AM) So would you also have no problem with the Democrats using the "Nuclear option" to end the filibuster? Absolutely. Pass cap n tax, pass healthcare, pass card check. Can you say depression. Absof***inglutely. I dare themnm to do it!!!!!@

QUOTE (NorthSideSox72 @ Feb 5, 2010 -> 08:04 AM) Most of the folks I talk to see the broader equity markets more or less flat in 2010 (but higher vols for short periods adding some erratic moves). By the way, you want a long term bet that will beat the market? Water. Water for sure. Its the new oil.

QUOTE (southsider2k5 @ Feb 4, 2010 -> 01:37 PM) The rest of this week ought to be interesting to see if we can hold 10k. Right. Closing below 1073.89(SPX) gives us a second outside week down in the last three weeks. Real quick, next support for NDX is 1689.30. This index blew through a trendline this morning from the Aug lows. Dow support comes in at 9858.59.

Today could be the first of 2 or 3 90% down days I mentioned last week. While I am completely bearish, I would not be surprised to see the mkt tag 1110-1011 one more time. 1067 vibrates off of today's date.

QUOTE (kapkomet @ Feb 2, 2010 -> 04:27 PM) Let's get some more funding for global warming studies. Where do I send my check? Got a paypal acct.. Wouldn't want to send it through the mail and use fossil fuels.

QUOTE (GoSox05 @ Feb 2, 2010 -> 10:09 AM) We should go back to taxing the rich 70%. And raise the corporate tax rate too. Watch the jobs roll in baby. LMAO