| Political Talk|| re: Would you have a problem with Bush v Clinton in 2016? - Blakely Bimbo on 3/11/14 at 10:07 am|
[quote]Am I the only person that has a problem with this? [/quote]
No, I would have a problem with both of them. A Bush v Clinton ticket would just be a recycled version of the past 30 years. We need new ideas, new leadership. ...
| Political Talk|| re: This board is slacking: Snowden speaks at SXSW. Crickets chirping on PT. - Blakely Bimbo on 3/11/14 at 10:03 am|
The man is a patriot. He was the talk of SXSW. I just hope that those gathered will extend their efforts to promote privacy and develop products for those using the internet.
Snowden is a man of conviction. Because of where he is from, I am assuming that he is a descendant of the early Snowdens o...
| Money Talk|| re: The Face Behind Bitcoin - Blakely Bimbo on 3/7/14 at 9:27 am|
This could be the guy and then again, it could be a setup.
I just question the reporter on the story. She said yesterday that she used the National Archives to search immigration records. I call BS on that. The name was fed to her and she was told what time range to look.
It has been a while s...
| O-T Lounge|| re: How long is your daily commute? - Blakely Bimbo on 3/5/14 at 9:02 am|
I don't have a commute, but I have a friend that has a long commute and she gets books on tape at the library to pass the time. ...
| Money Talk|| re: I think its time we talk about the next Fed policy tool - Blakely Bimbo on 3/4/14 at 2:53 pm|
[quote]'m assuming the next move, outside of changing the rate or the range for the rate, will be expanding the counterparty list. That's going to be an absolute must in making this facility effective.
Insurance companies too, Benny? I really believe that the FED will be "prudent" as th...
| Money Talk|| re: WSJ: Russia retreats - Blakely Bimbo on 3/4/14 at 2:40 pm|
[quote]The oligarchs that underpin Putin's regime may be whispering in his ear.
This. In this digital age, money moves a whole lost faster than the tanks. Putin was looking at major capital flight if he did not tone down the rhetoric. ...
| Money Talk|| re: I think its time we talk about the next Fed policy tool - Blakely Bimbo on 3/4/14 at 2:28 pm|
Here ya go, Benny....
Bump to 7 billion per starting tomorrow.
[quote]As noted in the September 20, 2013, Statement Regarding Overnight Fixed-Rate Reverse Repurchase Agreement Operational Exercise, the Open Market Trading Desk at the Federal Reserve Bank of New York has been conducting daily,...
| Political Talk|| re: Russian troops take up positions inside Ukraine port city after recent maneuvers - Blakely Bimbo on 2/27/14 at 11:42 am|
[quote]The development of gas fields in these regions poses a direct competitive threat to the near-monopoly currently held by the Russian national oil company, Gazprom.This sets up a scramble for energy, where western Ukraine, Poland, Romania and the EU have powerful financial incentives to develop...
| Political Talk|| re: Breaking: Eric Holder hospitalizrd - Blakely Bimbo on 2/27/14 at 11:36 am|
Hmmm... and the Rainey trial was "indefinitely postponed" yesterday in New Orleans. ...
| Money Talk|| re: I think its time we talk about the next Fed policy tool - Blakely Bimbo on 2/23/14 at 2:36 pm|
[quote]I think you may be getting this process in reverse but I'm not sure? On one hand: [/quote]
Just thinking out loud about why FED would want to limit number of institutions with access. Right now IIRC list is 50 plus institutions. IF FED expands the access list AND IF the FED upped the daily...
| Money Talk|| re: I think its time we talk about the next Fed policy tool - Blakely Bimbo on 2/21/14 at 7:30 pm|
[quote]If the counterparty list is expanded enough, this facility could essentially floor short-term market rates. It will break the divergence between the Fed Funds target rate and short-term rates and could fend off any threat of negative nominal rates. It also gives the Fed something to do with a...
| Money Talk|| re: Borrowing money to invest - Blakely Bimbo on 2/19/14 at 11:11 am|
I have never borrowed money to invest.
I know several people who borrowed against the equity in their homes and were bankrupted. Divorces, children's lives disrupted, families torn apart. The financial and emotional risk is just too scary. Not worth the risk.
| Money Talk|| re: Mt. Gox Bankrupt? - Blakely Bimbo on 2/19/14 at 11:05 am|
[quote]There are some that hypothesize that bitcoin is a product of the NSA or some other government agency and they're using it to scoop up criminals. I don't believe that but wouldn't that be icing on the cake?
A west coast acquaintance that thinks Bitcoin is a "silly valley" scam.
| Money Talk|| re: Shipping Containers - Blakely Bimbo on 2/14/14 at 2:28 pm|
My husband says that if consumers ever saw the inside of the containers, they would never want to purchase anything shipped in them.
He says NASTY. ...
| Political Talk|| re: IRS to require businesses to certify they aren't firing workers due to Obamacare - Blakely Bimbo on 2/12/14 at 10:00 am|
[quote] truly hope that John Roberts never gets another night's sleep knowing that he could have killed this fricking abomination in its crib when he had the chance.[/quote]
I am going to put on my tin foil hat and surmise that Roberts was somehow blackmailed. Someone had something on him that he ...
| Political Talk|| re: House passes clean debt ceiling increase 221-201 - Blakely Bimbo on 2/12/14 at 9:56 am|
[quote]DO NOT ENABLE THE CURRENT HOUSE GOP LEADERSHIP IN NOVEMBER! VOTE THEM ALL OUT! [/quote]
I have been in the past a donor to the Republican party. During the last debt ceiling shutdown, the GOP did extensive polling among the party on the issue. They nearly drove me crazy with phone calls.
| Money Talk|| re: Yellen's Testimony to Congress - Blakely Bimbo on 2/12/14 at 9:46 am|
[quote]So far she isn't really giving Congress anything.[/quote]
Her testimony was NOT THE most important event on capital hill yesterday. The house passed a debt ceiling bill that essentially suspends the debt ceiling until March 15, 2015. Debt ceiling much more important than anything coming ou...
| SEC Rant|| re: after 2 years - Texas A&M is college football - Blakely Bimbo on 2/6/14 at 9:10 am|
[quote]what does the rant think that ='s
I think that ya'll were crazy not to come to SEC 2010 when you had the chance. I also think that ya'll are kicking yourselves in the a$$ that you fell for the horns promises and did not make the move sooner. ...
| Money Talk|| re: Looking for some legal advice about my moms property and medicaid - Blakely Bimbo on 2/6/14 at 9:07 am|
[quote]Also I hear stories of medicaid trying to recover cost of the nursing home, what kind of legal action do they have to the house? Its worth around 70k
You need to find an attorney who is familiar with elder care rules AND SOON. Medicaid rules vary from state to state. If you do no...
| Money Talk|| re: What just happened in the market? - Blakely Bimbo on 2/5/14 at 10:53 am|
BTFD and then STFR (Sell the F rip). Gonna be the pattern for 2014. ...
| Money Talk|| re: Dow down 140pts in Pre-market (Now down 175) - Blakely Bimbo on 2/1/14 at 9:37 am|
[quote]I think the markets is going through menopause [/quote]
Naw, more like PMS.
Remember 07-08? Wake up in the morning and futures down 200, but yet we would end up green or flat by the close.
2014 is going to be volatile. We could see the ECB take action next week and we could rally ba...
| O-T Lounge|| re: What are your top 3 soap brands? - Blakely Bimbo on 1/23/14 at 12:36 pm|
Dr. Bronner's Organic Peppermint Soap
Walmart Shea Butter Hand Soap.
ABSOLUTELY Love Dr. Bronners Peppermint. I wash my face in it right before bed and I fall easily to sleep. Great for a shower especially in summer. Makes your skin tingle. ...
| Money Talk|| re: A Postulate on QE and the increase in the Capital Gains Tax - Blakely Bimbo on 1/14/14 at 10:10 am|
QE was devised to drive down interest rates. Any other residual effect is an outlier. ...
| Coaching Changes|| re: So is Lane Kiffin the head coach in waiting at Alabama now? - Blakely Bimbo on 1/12/14 at 10:32 am|
[quote]So is Lane Kiffin the head coach in waiting at Alabama now?[/quote]
Absolutely not! This is his stint in rehab. Saban is doing this as a favor to Jimmy S. LK has what? 2 years left on his USC severance from his 20 mil contract? So whatever he makes at Bama is subtracted from his due from U...
| Money Talk|| re: JPM planning to exit prepaid card business - Blakely Bimbo on 1/10/14 at 1:24 pm|
[quote]The government is not going to break up JPM due to its prepaid card arm... It's likely that the resources they were putting towards that division can be more profitably deployed elsewhere.[/quote]
No, not because of the of the PP arm, but they have been shedding business'. Some of it Dodd ...
| Money Talk|| JPM planning to exit prepaid card business - Blakely Bimbo on 1/9/14 at 12:58 pm|
[quote]JPMorgan Chase & Co (JPM.N) plans to sell or exit over time its business of issuing prepaid cards for corporate payrolls and government tax refunds and benefits, the company said on Thursday. The cards, which had been offered with cash and treasury services to companies and ...
| Money Talk|| re: Long Term Care Insurance... - Blakely Bimbo on 1/8/14 at 11:15 am|
[quote]Think $3 - 4k per month minimum for private nursing/care. Been there, done that.[/quote]
Paying 5 grand a month for 98 year old mother in a nursing home. That is for a double room, not even a single. She has been there 3 years.
| O-T Lounge|| re: out of control water bill at rental property - Blakely Bimbo on 1/8/14 at 10:58 am|
I don't know the age of your property, but where I live we have had a huge wave of leaks that occur in the foundation ( monolithic and floating slab) of houses built in the 80's and 90's. Seems to be related to plumbing materials used at that time. This has been going on for the last 8 years or so. ...
| SEC Rant|| re: Chik-fil-A Bowl : Aggy 52 vs Duke 48 : 4th Quarter : ESPN : the comeback is on - Blakely Bimbo on 12/31/13 at 8:41 pm|
This is Classic Cutcliff. ...
| Money Talk|| re: Career Advice Needed - Risk vs Reward - Blakely Bimbo on 12/19/13 at 12:36 pm|
[quote]I would be going from the cost of living in Birmingham, AL to Brooklyn, NY. [/quote]
That was a pretty important factor to leave out.
That said, you say you are not qualified. What is the culture at the new company? Will they provide support and training for a period of time? OR will th...