| Money Talk|| BoA hit with $16 Billion penalty for MBS dealings - LSU0358 on 8/21/14 at 8:23 am|
Another big bank sanctioned for MBS's leading up to '08 crash.
| Political Talk|| Kareem Abdul Jabar nails it on Ferguson - LSU0358 on 8/18/14 at 9:20 am|
"Fifty million voters is a powerful block if they ever organized in an effort to pursue their common economic goals. So, it’s crucial that those in the wealthiest One Percent keep the poor fractured by distracting...
| Money Talk|| Best Performing Market Sectors since 2000 - LSU0358 on 7/27/14 at 4:44 pm|
For the past 15 years the market has of course had some significant ups and downs. What sector would have been the best place to have parked your money since the year 2000?
Out of Biotech, Telecoms, Financials, Chemicals, Oil Index, Oil Services, Retail, US Railroads, Tech Hardware, Healthcar...
| Money Talk|| Gold and Silver - LSU0358 on 7/22/14 at 6:53 pm|
Did a little buying in gold today. Like the look of gold and silver here, but as I'm trading futures silver is a litte to volatile for me.
For now this is a short term trade and I'd exit in the 1270 to 1280 region....
| Money Talk|| Interesting Market Stats from Start of Bull Market in 2009 - LSU0358 on 7/5/14 at 9:01 am|
1. The S&P 500 has gone from 667 to 1,986 for a 198% increase. The Dow has gone from 6,469 to 17,074 for a 163% increase.
2. Ten Year Bonds have yielded between 1.4 and 3.98 %.
3. The monetary supply has gone from 800 billion to 4 trillion.
4. US GDP has only gone up 19% from 14.3 to...
| Political Talk|| Protecting and Serving - The militarization of the of the police - LSU0358 on 6/25/14 at 9:39 am|
This is another shining example of why no knock warrants by SWAT teams should require much, much more than a desire to find drugs.
Every single officer involved in the operation should be fired. ...
| Money Talk|| June 18 Fed Meeting - LSU0358 on 6/18/14 at 3:06 pm|
Another 10 billion in tapering. At the current pace the Fed will be out of the MBS buying business by the Oct 28th fed meeting. The Fed will be out of Long Term Treasury buying by the December Fed Meeting.
Looks like the Fed QE wraps up 2014. I look for the ECB to start the European QE towar...
| Money Talk|| ECB cuts rates - LSU0358 on 6/5/14 at 8:05 am|
Not quite QE...But I look for it to be coming before year end about the time the US QE is wrapping up....
| O-T Lounge|| Legal Eagle's of the OT - LSU0358 on 5/29/14 at 6:31 pm|
My wife is involved in an estate dispute and the opposing lawyer is communicating directly with my wife pushing for a settlement.
My wife has had a lawyer contact the opposing lawyer in the past pressing for documentation so he is aware my wife has a lawyer for the issue.
Is it inappropriate f...
| Food and Drink Board|| Crawfish in Lafayette - LSU0358 on 4/24/14 at 2:29 pm|
I'm in town for the music festival and have some out of staters wanting to try crawfish. What's your favorite place for boiled crawfish....
| Political Talk|| Government surveillance and hypocrisy - LSU0358 on 3/11/14 at 3:21 pm|
Seems Senator Feinstein doesn't like being spied upon.
But for all of us peasants...
| Movie/TV Board|| House of Cards jumping the shark - LSU0358 on 3/10/14 at 12:39 pm|
Season 1 felt much more reasonable/possible. I know, its a knock off of the British version (which I plan to watch). But I find it hard to believe a sitting President would be so gullible as Walker was portrayed. ...
| Money Talk|| Big Banks playing dirty in the metals market - LSU0358 on 2/14/14 at 9:52 am|
I stole this from the Poli board as it will get more play here, thanks Bunk Moreland. My thoughts are below:
[quote]It's actually a good article. JPM and...
| Money Talk|| Selling home by owner - LSU0358 on 1/12/14 at 9:24 am|
My home is in a great area and homes are moving at a nice pace. I'm attempting to sell by owner. Should I go with a title company to handle closing or is it worth while to get a real estate attorney....
| Money Talk|| Quick Forex lesson - LSU0358 on 1/10/14 at 1:34 pm|
I have to post this after something I saw on Poli board talking down the dollar (which has actually held up quite nicely as of late, though a move down to 78 wouldn't surprise me)...
In the Forex market the bottom currency in a pair (I'll use the USD/CAD) is the quote currency. The top is the ba...
| O-T Lounge|| Issue with 7 yr old son and money - LSU0358 on 12/28/13 at 7:26 pm|
So the little man has been making straight A's this year and Papa gave him $10/A on progress report and report card. We've let him keep the money in a money can in his room and he's used it to buy toys etc. No problem with this part at all.
The problem starts this afternoon when my wife and I a...
| Political Talk|| Will political correctness or greed win out with A&E. - LSU0358 on 12/21/13 at 7:18 pm|
My bet is greed. It typically wins over anything else....
| Money Talk|| Confessions of a Quantitative Easer - LSU0358 on 11/13/13 at 8:58 am|
Interesting that this is coming out now. Preparing the public for removing the punch bowl perhaps?
My GUESS is that we have until at least March 2014 before tapering starts, with the December F...
| Money Talk|| Twitter IPO - LSU0358 on 11/5/13 at 7:21 am|
I think I'll stay away for this one the first few months. One never knows for sure, but the valuation at a $25 IPO is 11.8 times estimated 2014 sales. FB was at 11.4 times it's price to sales ratio at IPO.
| Political Talk|| ESPNs Jason Whitlock on black community - LSU0358 on 11/3/13 at 8:21 am|
Nails it on welfare, war on drugs, and single woman households. He's focusing on black community, but it applies to all races.
ETA link ...