Belittled in the bull market, the software giant’s cash hoard could help its stock during tough days ahead
12/19/2008
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
"The Greek offer is not sufficient and they have to go away to come up with a revised plan," said a spokesman for the German Finance Ministry. The Greeks must first have a plan that satisfies the Germans which this comment states they clearly don't yet and then the Greek Parliament will vote on it this weekend. This said, whatever package gets voted on in Greece is basically an up or down vote on euro membership so we are entering another uncertain weekend for global markets. A failed vote will likely lead to a hard default which may be what...
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December 23rd, 2008 at 3:29 pm
This blog used to have analysis. Now it’s just a link farm and a forum for bitching about free-markets and deregulation. Oh, and a welcome forum for those who think raining money from the sky can solve our financial problems (no offense roubini/other neo-keynesian econostrologists)
December 23rd, 2008 at 7:32 pm
vic liked this site before it was trendy
December 24th, 2008 at 1:21 am
vic is a welfare queen who doesn’t want to pay for good analysis.
December 24th, 2008 at 2:57 am
I would like to somehow morph the Yogi Berra-ism “no one goes there anymore — it’s too crowded” in a way that vic might use to describe this site. But, my mighty morphin powers are weak…
To some extent, I can see vic’s point. But, I’m not sure it’s a problem. Or, even if it is, I’m not sure what to suggest.
…
(I’m just full of answers tonite.)