I think TWA and Blockbuster might be bad examples, if you are just trying to figure out how Icahn might affect a company in the future... At the time, those were two industries that were either dying or facing great upheaval..
As far as Apple? They are sitting on a big cash hoard, because they can't find a suitable way to use it... If Icahn makes a bundle by getting them to return a big chunk to shareholders, then if I was an Apple shareholder, I would be happy.. Apple's future surely isn't dependent on having $100 billion in cash in the bank...
I think the Achilles heel for Netflix will be postage. With Internet delivery gaining momentum.
Netflix is quite aware of the affect of postal increases. They are also concerned about the cutting of postal facilities as it would increase the time for DVD's to arrive in the mail thus reducing customer satisfaction.
DVD by mail has already dropped. In 2012 DVD mailings dropped by 41% on top of a 14% drop in 2011 per their annual report. In 2012, they had a 15% increase in subscribers using the streaming service.
DVD's will always be available as not all their customers have access to high speed internet.
We like the British mysteries and buy most from Amazon UK. Our Pioneer DVD player will play any DVD including PAL. Our collection is extensive. Just going through "A Touch of Frost" which somehow slipped past us. The US versions are usually cut up for PBS and missing whole episodes. So I would hope DVDs are around for the rest of my lifetime. We don't watch regular TV, even though we have one in the Kids playroom hooked to basic cable. The TV in our bedroom is only hooked up to the DVD player. Nothing on TV worth watching.
I sure agree with you....This is where aapl`s board and management have fallen down.....We should all be happy about Ichan and his activism.....Great products but poor shareholder relations Tony
None have drawn more scrutiny in Clinton circles than Teneo, a firm co-founded in 2009 by Mr. Band, described by some as a kind of surrogate son to Mr. Clinton. Aspiring to merge corporate consulting, public relations and merchant banking in a single business, Mr. Band poached executives from Wall Street, recruited other Clinton aides to join as employees or advisers and set up shop in a Midtown office formerly belonging to one of the country’s top hedge funds.
By 2011, the firm had added a third partner, Declan Kelly, a former State Department envoy for Mrs. Clinton. And Mr. Clinton had signed up as a paid adviser to the firm.
Teneo worked on retainer, charging monthly fees as high as $250,000, according to current and former clients. The firm recruited clients who were also Clinton Foundation donors, while Mr. Band and Mr. Kelly encouraged others to become new foundation donors. Its marketing materials highlighted Mr. Band’s relationship with Mr. Clinton and the Clinton Global Initiative, where Mr. Band sat on the board of directors through 2011 and remains an adviser. Some Clinton aides and foundation employees began to wonder where the foundation ended and Teneo began.
Those worries intensified after the collapse of MF Global, the international brokerage firm led by Jon S. Corzine, a former governor of New Jersey, in the fall of 2011. The firm had been among Teneo’s earliest clients, and its collapse over bad European investments — while paying $125,000 a month for the firm’s public relations and financial advice — drew Teneo and the Clintons unwanted publicity.
Mr. Clinton ended his advisory role with Teneo in March 2012, after an article appeared in The New York Post suggesting that Mrs. Clinton was angry over the MF Global controversy. A spokesman for Mr. Clinton denied the report. But in a statement released afterward, Mr. Clinton announced that he would no longer be paid by Teneo.
Folks, we are having a correction in the market. The powers that are, want a correction and they are getting a correction. I think the market probably needs a correction. I've been hearing talk the past several days about the dreaded Hindenburg Omen and sure enough the market is tanking the past few days. They are also mentioning the Fed action uncertainty about tapering as another excuse. Meanwhile, AAPL is doing very well compared to the general market.
I'm looking for between a 5 and 10% correction in the Dow. I believe, we already have had about a 3% slide. I remain very bullish the market longer term as I have stated for several years now. Btw, If I am wrong on the 5-10% correction forecast, that will be fine with me.
How much energy does it take to power your smartphone addiction?
The average iPhone uses more energy than a midsize refrigerator, says a new paper by Mark Mills, CEO of Digital Power Group, a tech investment advisory. A midsize refrigerator that qualifies for the Environmental Protection Agency's Energy Star rating uses about 322 kW-h a year, while your iPhone uses about 361 kW-h if you stack up wireless connections, data usage, and battery charging.
Two weeks after pulling down a reported $100 million from the sale of Current TV to the Qatar-based news network, the man so many love to hate is at it again, this time by exercising options entitling him to buy 59,000 Apple (Nasdaq: AAPL) shares for the excellent price of $7.475 each.
So Gore has just spent a little over $440,000 to acquire stock worth nearly $30 million as of Thursday’s close. And what did he do for all that money? Attended a board meeting a few times a year for the last decade. Had Steve Jobs’ back when it counted. That’s all. Not bad for someone who didn’t invent the Internet.
Thanks for your input Charlie------I agree with you----5 to 10% and maybe just split the difference......I`m slowly building my initial position in the Vanguard fund, and will then take the next step (maybe mid cap) after that......Apple has alot of momentum right now, and I hope it continues to follow through......A shame about what I consider out and out manipulation...Always now keeps a bit of hesitancy in any of my decisions.....Tony
I have refused to buy into the NYT or WSJ online scam. I see a major source is back tracking.
The San Francisco Chronicle appears to have decided that putting a paywall around commodity news content isn’t a great strategy and has effectively dismantled the one around its newspaper site — although the company says it will keep a subscription plan.
Anyone who follows the newspaper industry has gotten pretty used to seeing the launch of new paywalls by now, as publishers try to fight the ongoing decline of their print advertising and circulation revenue. Tuesday saw a publisher move rather sharply in the opposite direction, however, when the San Francisco Chronicle effectively removed the wall it erected around its newspaper content just four months ago — in what appears to be a tacit admission that charging for commodity news isn’t working.
Trying to charge for news that is readily available on other sites. Including most of the time the individual writers blogs. NYT and WSJ better come into the 21st century like the competition. The fact they have overly bloated staff to deal with their floundering print news is not the fault of the online reader. There is NO exclusive news that is worth paying for. Unless of course I could buy an inside track to what the Hedge funds are planning for stocks like AAPL.
The NYT and the WSJ have some excellent investigative reporting that I believe isn't readily available on other sites, although it's possible that I just don't know what I don't know. Maybe you can enlighten me regarding where I can readily find the investigative reporting article of these newspapers.
All I know is that I never had the urge to pay for an online newspaper subscription. In fact, I visit the Boston Globe online frequently to check up on the Red Sox stories. They started going to subscriptions for their top stories about a year ago. But I never bit on it since I had no need to do so when I could get all the stories and information about the Red Sox for free on ESPN Boston, etc. Now, this may be a coincidence, but ever since it was announced (a few weeks ago) that John Henry (owner of the Red Sox) has purchased the Boston Globe, all the stories are free. I have a feeling that they gave up on paid subscriptions probably because it was not working.
My understanding is going to the writer's blog you will find the articles. NYT does give you 10 free per month. I guess I have gotten spoiled to having so much information at my finger tips that I resent these sources from charging. I did donate to Wiki as I use them like an encyclopedia. I rarely use up my 10 freebies on NYT each month. It just caught my attention that a major media source in CA was backing off charging. So I would assume it will be a trend.
I think most news orgs. have finally decided that there is more money to be made by attracting more readers and selling ads than by charging a fee to subscribers.
Now, this may be a coincidence, but ever since it was announced (a few weeks ago) that John Henry (owner of the Red Sox) has purchased the Boston Globe, all the stories are free. I have a feeling that they gave up on paid subscriptions probably because it was not working.
Boston.com does give you many stories for free but if it links you over the bostonglobe.com, you may need to be a subscriber to read the entire article. I subscribe to the Sunday Globe so I can get past the pay wall. I just checked and both sites have the story on Jared Remy. Same basic story but the boston.com is surrounded by ads and a Dunkin Donuts video plays. At bostonglobe.com, it's a much cleaner site.
I guess I have gotten spoiled to having so much information at my finger tips that I resent these sources from charging.
Yes we have become spoiled to having so much information available for free but they somehow have to pay the bills.
I did donate to Wiki as I use them like an encyclopedia.
I would never donate to wiki as IMHO their information isn't 100%. I realize that journalists can make mistakes as well but at least their work isn't able to be written or edited by anyone. Journalists and newspapers have reputations to protect, wiki doesn't.
Hmmm, I only donated $10 to Wiki to end the emails begging for money. The Boston Globe thinks their online rag is worth $200 per year. I cannot imagine wasting that kind of money. As far as journalistic integrity, I don't consider ANY source in America unbiased or even vaguely balanced. On any issue I have to read at least 3 sources from the right and left to feel a little bit informed. In fact over the last 50 years I am trying to think of anyone in the media I trust to give me straight honest reporting with NO political bias tossed in. There are NONE. As for paying for the biased news I refuse. If Facebook and Google can offer free service with advertising so can the News media. They need to cut the fat and they will be filthy rich like the other Internet entrepreneurs.
I see the UK giving US better coverage of our own news than any of our Internet services.
I would never donate to wiki as IMHO their information isn't 100%. I realize that journalists can make mistakes as well but at least their work isn't able to be written or edited by anyone. Journalists and newspapers have reputations to protect, wiki doesn't.
Wikipedia is about as good as the Encyclopedia Britannica:
> I don't consider ANY source in America unbiased or even vaguely balanced. On any issue I have to read at least 3 sources from the right and left to feel a little bit informed. In fact over the last 50 years I am trying to think of anyone in the media I trust to give me straight honest reporting
X2
I like to see the stories sourced in the British online then I decide that the facts in multiple stories matchup.
Wikipedia is not represented as an academic source. It is a quick go to for information. For example you want to know about different models of Studebaker cars. Wiki has more and likely more accurate information than any auto related site. Along with many good reference books for someone that wants more information. I think my $10 donation was money better spent than on the WSJ or CR that are not all that accurate either.
If you used Britannica as a reference in College you would likely flunk the course.
"Trying to charge for news that is readily available on other sites."
I hope you realize that when the foundation of being able to charge for well written deeply investigated stories falls apart, the news you read on the internet that you think should be free is going to be so god-awful that you'll wish you had paying services again. A business story in the Times is so far superior to the garbage I read on the net that its like comparing a dinner at a 5 star restaurant to burger king. The NYT does a fabulous job of covering major events and proably has the best writers around. Their stories about what is going on in Egypt is as good and as deep as the stories in the 90's about Croatia. I've been a subscriber for as long as I can remember and no one covers the news as deep, as thorough and as informative as they do. If paying a lot of money to the best reporters and then charging readers for that is a scam in your view than you must believe everything in life should be free. I don't expect to be able to read stories that good for free and I'll gladly keep paying the annual subscription fee to be as well informed as they keep me. The problem is going to be the deterioration in good reporting because people such as yourself expect that to be free of cost. What business model can support that? Good news stories were not free in print form so why on earth would or should they be free on the internet where advertising is much less effective and hence so much less in cost.
When I posted that I did not see the need to subscribe for sports stories on the Boston Globe, I meant that to be confined to sports stories. I definitely see a huge difference to news articles in the NYT as apposed to free trash on the internet.
I guess I don't share your enthusiasm for the NYT and their writers. Most are just to far left for my conservative views. I see no reason to support them. I find it strange that the NYT cannot make money advertising on their website like all the other websources of news. If news papers were depending on me to support them they are in deep trouble. I have not bought a news paper for at least 40 years. Since the Anchorage paper went liberal on me. I do probably read about 10 articles in the NYTs each month. Because I get that message warning me my freebies are coming to an end. Thinking back on the last ten NYT articles, none sticks in my mind as all that important. They were probably interesting for about 10 minutes then forgotten with most of the drivel on all the Media sources. I pay my $50 per month for Internet service. Mainly to communicate with friends and do a little blogging here and FB. I really am not sure it is worth $50. As far as TV nothing there worth my time. I am a simple man. I am ok with my mountain top home. A new diesel SUV, a big garden filled with Heirloom tomatoes. So the last thing I really need is to read the NYTs on a daily basis. The Drudge report is depressing enough.
Some will use it as a defense for their views. It is handy for basic facts, but often not analysis. Good point on the donation though, at least wiki is fairly apolitical, unlike NYT or WSJ.
Often easier to find more solid coverage via BBC or even Al-Jazeera than through domestic sources.
>A business story in the Times is so far superior to the garbage
The NYT has to be read with the same skeptical eye that all other news sources deserve. They, historically, have slanted their coverage and biased their coverage by omission on important things in our country. How they cover business is not my area of prime interest, and you may be correct that their targeted business coverage is useful. But if they will bias their general news and politics coverage, why wouldn't they slant their business coverage to benefit the political cabal in power or to damage the one in power? I use the Judge Judy common sense test. I.e., the current economy. Is business in good shape in the US? Or is it tottering along like the stagflation of the 80s and 90s?
"Their stories about what is going on in Egypt is as good and as deep as the stories in the 90's about Croatia."
So what else do I need to know about what is going on in Egypt besides that the military overthrew the muslim brotherhood and the muslim brotherhood backers are all enraged about it? If they were not enraged about this, they would be enraged about something else. So.
Oh, and the U.S. is batting about .005 in who they are backing (if they even know) and what to anticipate next. Same old, same old.
Our gov. seems to think it is more important to waste their time and resources checking ordinary citizens phone calls and emails rather than doing serious intelligence gathering. I guess they don't want the muslims to accuse them of profiling.
I subscribe to the N Y Times, and Barrons....I find Barrons to be very helpful , although the Times gives a sense of what is going on everywhere ...All the other ones just fill in what I can piece together from reading a lot...It is my understanding that many local papers use the Times news for their own reporting on national events....
When I was younger, I pretty much took what Walter Cronkite said to be the truth, and Huntley Brinkley to also be worthy....and when I read the Wall Street Journal, it was really a boring layout, but accurate.....The English were the ones to dramatize everything---nothing but `screaming` headlines....I`m afraid that format is what is coming our way, just like the t v news having the entertainment slant instead of serious news reporting....Tony
The local news rag has slowly edged into pay to view most stories on the website, just as wiser companies are removing their locks on stories. I quit the paper product years back resisting their continually rising price for less info on paper dropped at my doorstep.
They finally got rid of their terribly biased two editors and that was done too late as well.
I wonder how their attempts to force people to pay to read the more interesting stories online has gone. Other papers in the region, such as Columbus Dispatch, are using the 10-free views per month. Of course, just use CleanUP! to remove all the various cookies and markers (removes your autologons to websites as well) and you're ready for another 10 views.
The Dispatch and Cincinnati Enquirer have gone to a paper format that's about the size of 8.5 X 11 inch paper. Irritating to read even at the Chick-Fil-A when I see one live. I get the feeling the newsprint business in the Midwest is making the same mistakes the US-based car manufacturers made back in the 80s/90s as things changed and they kept up the high pay to labor and extra high pay for the management and executives. Now they've kicked out the labor and are still trying to salvage the high pay for the "brains" of the outfit.
I was a big proponent of the "Paperless Society" push in the late 1980s and 90s to be complete by the end of the century. Well we are 13 years into the 21st century and more paper than ever being printed. My last two magazine subscriptions are online. I hated throwing them out. Now if the tree huggers in the Federal government would just ban print newspapers we would all be better off.
I think where we are looking at newspapers and online sites for political information. Some here are only interested in the business news. Which may be worthwhile if you can trust them. From the postings here most detest the opinions of the major talking heads. At least when they differ in their opinions.
About 3 weeks ago I went to about 90% cash in my trading account. Just too many things going on that I have no control over. I have been sleeping a lot better at night...but now worrying about that cash just sitting there.
I'm at about 95% since last October. I got out premature. But it looks like a slow slide back down. Is it because the Fed isn't pumping money anymore? I am not ready to jump back in. I think I will stick with the real estate foreclosure market for a while anyway. I never lost any sleep just never have done great overall with the Stock Market. My 5% is in a Chinese ag stock that continues to go opposite the Dow. So I am satisfied with it. Only problem is selling will get me a big CG hit.
Raven Rutledge is a student at San Francisco State University. She has not summered as a Wall Street intern. She is not enrolled in SFSU’s MBA program.
Yet, the environmental studies major played a lead role this summer in pressuring the San Francisco State Foundation — which manages the university’s $50 million investment portfolio — to disinvest in fossil fuels.
CSU and UC schools that are considering following San Francisco State’s example have prima facie evidence of the deleterious consequences of politically-driven investment.
In 2002, the California State Teachers Retirement System divested its tobacco stocks at the urging of anti-smoking activists. In 2008, CalSTRS released a report lamenting that, had it held onto its tobacco stocks, it would have gained $1 billion.
Taking their talking points from 350.org, the UC and CSU student activists maintain that fossil fuel stocks can be easily replaced by investments in “green” energy, including solar power, wind farms and biofuels.
But that’s just a fiction, as evidenced by the performance of the NASDAQ Clean Edge Green Energy Index Fund, which includes such stocks as First Solar, Hexcel and Teslas Motors. Since its market peak, the index fund has lost nearly 50 percent of its value.
That just goes to show why UC and CSU fund managers should not be taking investment advice from college undergrads who major in environmental studies, who know next to nothing about buying and selling equities.
I'm still 90% in stocks. I'd start to buy in in Q4 if I had cash to trade. Just feels like the Goldilocks economy will continue which bodes well for equities verse cash equivalents investment returns.
The S&P has yielded a little over 4% dividends on average historically even though presently it's at 2%. Still better than the money markets.
The only reason I'm not at 98% is my wife just retired, and rolled over a $50K pension account into an IRA.. Just not comfortable sticking that lump sum in at these levels...
Unfortunately, it's earning about .01%, while I wait.....
I think there may be some good bargains available in the 4th QTR. Like gagrice, I still have some real estate investments and I am on the lookout to invest more there if the right property comes along.
I'm 75-25 Stocks. I went 50-50 before the falloff but then put 25% of the 50% back in and got burned by the Syrian falloff this week. I still love stocks for the rest of 2013.
I own very few stocks other than AAPL. However, one stock I bought recently is SSYS (Stratasys, LTD) at about $97. So far so good.
The thing that I did right was that a couple weeks ago I took profits on SPY above 168 since I smelled a decent correction. Now the trick is when to buy it again. I'm not sure if this has been enough of a correction. My gut tells me it is not. As I write this, the futures say there will be a sharply higher opening but we will see what happens the next day or two.
I`m not-----Tempest in a `tea pot`.....but I am always fearful of September, and next the rebalancing that the big funds do.....Tony ps I do feel that the Syrians should be proven` not` to have used `chemicals` ---If they did ,then I thinks some sort of punishment should be done.....I also do not think Putin is necessarily wrong to think that the U S should prove that the Syrian Government did in fact use `chemicals` ....
Comments
As far as Apple? They are sitting on a big cash hoard, because they can't find a suitable way to use it... If Icahn makes a bundle by getting them to return a big chunk to shareholders, then if I was an Apple shareholder, I would be happy.. Apple's future surely isn't dependent on having $100 billion in cash in the bank...
If it is, they have larger problems than Icahn.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Netflix is quite aware of the affect of postal increases. They are also concerned about the cutting of postal facilities as it would increase the time for DVD's to arrive in the mail thus reducing customer satisfaction.
DVD by mail has already dropped. In 2012 DVD mailings dropped by 41% on top of a 14% drop in 2011 per their annual report. In 2012, they had a 15% increase in subscribers using the streaming service.
DVD's will always be available as not all their customers have access to high speed internet.
By 2011, the firm had added a third partner, Declan Kelly, a former State Department envoy for Mrs. Clinton. And Mr. Clinton had signed up as a paid adviser to the firm.
Teneo worked on retainer, charging monthly fees as high as $250,000, according to current and former clients. The firm recruited clients who were also Clinton Foundation donors, while Mr. Band and Mr. Kelly encouraged others to become new foundation donors. Its marketing materials highlighted Mr. Band’s relationship with Mr. Clinton and the Clinton Global Initiative, where Mr. Band sat on the board of directors through 2011 and remains an adviser. Some Clinton aides and foundation employees began to wonder where the foundation ended and Teneo began.
Those worries intensified after the collapse of MF Global, the international brokerage firm led by Jon S. Corzine, a former governor of New Jersey, in the fall of 2011. The firm had been among Teneo’s earliest clients, and its collapse over bad European investments — while paying $125,000 a month for the firm’s public relations and financial advice — drew Teneo and the Clintons unwanted publicity.
Mr. Clinton ended his advisory role with Teneo in March 2012, after an article appeared in The New York Post suggesting that Mrs. Clinton was angry over the MF Global controversy. A spokesman for Mr. Clinton denied the report. But in a statement released afterward, Mr. Clinton announced that he would no longer be paid by Teneo.
http://www.nytimes.com/2013/08/14/us/politics/unease-at-clinton-foundation-over-- - finances-and-ambitions.html?pagewanted=1&_r=1&hp
I'm looking for between a 5 and 10% correction in the Dow. I believe, we already have had about a 3% slide. I remain very bullish the market longer term as I have stated for several years now. Btw, If I am wrong on the 5-10% correction forecast, that will be fine with me.
The average iPhone uses more energy than a midsize refrigerator, says a new paper by Mark Mills, CEO of Digital Power Group, a tech investment advisory. A midsize refrigerator that qualifies for the Environmental Protection Agency's Energy Star rating uses about 322 kW-h a year, while your iPhone uses about 361 kW-h if you stack up wireless connections, data usage, and battery charging.
http://theweek.com/article/index/248273/your-iphone-uses-more-energy-than-a-refr- igerator
All you GW followers better toss out your iPhones and smartphones.
Two weeks after pulling down a reported $100 million from the sale of Current TV to the Qatar-based news network, the man so many love to hate is at it again, this time by exercising options entitling him to buy 59,000 Apple (Nasdaq: AAPL) shares for the excellent price of $7.475 each.
So Gore has just spent a little over $440,000 to acquire stock worth nearly $30 million as of Thursday’s close. And what did he do for all that money? Attended a board meeting a few times a year for the last decade. Had Steve Jobs’ back when it counted. That’s all. Not bad for someone who didn’t invent the Internet.
http://www.forbes.com/sites/igorgreenwald/2013/01/18/dont-hate-on-al-gore-for-hi- s-big-apple-score/
The San Francisco Chronicle appears to have decided that putting a paywall around commodity news content isn’t a great strategy and has effectively dismantled the one around its newspaper site — although the company says it will keep a subscription plan.
Anyone who follows the newspaper industry has gotten pretty used to seeing the launch of new paywalls by now, as publishers try to fight the ongoing decline of their print advertising and circulation revenue. Tuesday saw a publisher move rather sharply in the opposite direction, however, when the San Francisco Chronicle effectively removed the wall it erected around its newspaper content just four months ago — in what appears to be a tacit admission that charging for commodity news isn’t working.
http://gigaom.com/2013/08/14/is-the-sf-chronicle-the-beginning-of-a-paywall-roll- back-trend/
What's the scam?
Trying to charge for news that is readily available on other sites. Including most of the time the individual writers blogs. NYT and WSJ better come into the 21st century like the competition. The fact they have overly bloated staff to deal with their floundering print news is not the fault of the online reader. There is NO exclusive news that is worth paying for. Unless of course I could buy an inside track to what the Hedge funds are planning for stocks like AAPL.
I get more free news than I can consume.
2013 LX 570 2016 LS 460
Boston.com does give you many stories for free but if it links you over the bostonglobe.com, you may need to be a subscriber to read the entire article. I subscribe to the Sunday Globe so I can get past the pay wall. I just checked and both sites have the story on Jared Remy. Same basic story but the boston.com is surrounded by ads and a Dunkin Donuts video plays. At bostonglobe.com, it's a much cleaner site.
Yes we have become spoiled to having so much information available for free but they somehow have to pay the bills.
I did donate to Wiki as I use them like an encyclopedia.
I would never donate to wiki as IMHO their information isn't 100%. I realize that journalists can make mistakes as well but at least their work isn't able to be written or edited by anyone. Journalists and newspapers have reputations to protect, wiki doesn't.
I see the UK giving US better coverage of our own news than any of our Internet services.
Wikipedia is about as good as the Encyclopedia Britannica:
http://news.cnet.com/2100-1038_3-5997332.html
Wikipedia is much more timely, also.
NOTHING is 100% accurate.
X2
I like to see the stories sourced in the British online then I decide that the facts in multiple stories matchup.
2014 Malibu 2LT, 2015 Cruze 2LT,
If you used Britannica as a reference in College you would likely flunk the course.
I hope you realize that when the foundation of being able to charge for well written deeply investigated stories falls apart, the news you read on the internet that you think should be free is going to be so god-awful that you'll wish you had paying services again. A business story in the Times is so far superior to the garbage I read on the net that its like comparing a dinner at a 5 star restaurant to burger king. The NYT does a fabulous job of covering major events and proably has the best writers around. Their stories about what is going on in Egypt is as good and as deep as the stories in the 90's about Croatia. I've been a subscriber for as long as I can remember and no one covers the news as deep, as thorough and as informative as they do. If paying a lot of money to the best reporters and then charging readers for that is a scam in your view than you must believe everything in life should be free. I don't expect to be able to read stories that good for free and I'll gladly keep paying the annual subscription fee to be as well informed as they keep me. The problem is going to be the deterioration in good reporting because people such as yourself expect that to be free of cost. What business model can support that? Good news stories were not free in print form so why on earth would or should they be free on the internet where advertising is much less effective and hence so much less in cost.
When I posted that I did not see the need to subscribe for sports stories on the Boston Globe, I meant that to be confined to sports stories. I definitely see a huge difference to news articles in the NYT as apposed to free trash on the internet.
Often easier to find more solid coverage via BBC or even Al-Jazeera than through domestic sources.
The NYT has to be read with the same skeptical eye that all other news sources deserve. They, historically, have slanted their coverage and biased their coverage by omission on important things in our country. How they cover business is not my area of prime interest, and you may be correct that their targeted business coverage is useful. But if they will bias their general news and politics coverage, why wouldn't they slant their business coverage to benefit the political cabal in power or to damage the one in power? I use the Judge Judy common sense test. I.e., the current economy. Is business in good shape in the US? Or is it tottering along like the stagflation of the 80s and 90s?
2014 Malibu 2LT, 2015 Cruze 2LT,
So what else do I need to know about what is going on in Egypt besides that the military overthrew the muslim brotherhood and the muslim brotherhood backers are all enraged about it? If they were not enraged about this, they would be enraged about something else. So.
Oh, and the U.S. is batting about .005 in who they are backing (if they even know) and what to anticipate next. Same old, same old.
Our gov. seems to think it is more important to waste their time and resources checking ordinary citizens phone calls and emails rather than doing serious intelligence gathering. I guess they don't want the muslims to accuse them of profiling.
2013 LX 570 2016 LS 460
Seems they can only legally use the data for Police purposes for now. We are the only township in NJ to be on film at the moment....
When I was younger, I pretty much took what Walter Cronkite said to be the truth, and Huntley Brinkley to also be worthy....and when I read the Wall Street Journal, it was really a boring layout, but accurate.....The English were the ones to dramatize everything---nothing but `screaming` headlines....I`m afraid that format is what is coming our way, just like the t v news having the entertainment slant instead of serious news reporting....Tony
Since when does legal have anything to do with it? Create a secret court, hide it's findings, lie to the people, and there you go...
They finally got rid of their terribly biased two editors and that was done too late as well.
I wonder how their attempts to force people to pay to read the more interesting stories online has gone. Other papers in the region, such as Columbus Dispatch, are using the 10-free views per month. Of course, just use CleanUP! to remove all the various cookies and markers (removes your autologons to websites as well) and you're ready for another 10 views.
The Dispatch and Cincinnati Enquirer have gone to a paper format that's about the size of 8.5 X 11 inch paper. Irritating to read even at the Chick-Fil-A when I see one live. I get the feeling the newsprint business in the Midwest is making the same mistakes the US-based car manufacturers made back in the 80s/90s as things changed and they kept up the high pay to labor and extra high pay for the management and executives. Now they've kicked out the labor and are still trying to salvage the high pay for the "brains" of the outfit.
2014 Malibu 2LT, 2015 Cruze 2LT,
I think where we are looking at newspapers and online sites for political information. Some here are only interested in the business news. Which may be worthwhile if you can trust them. From the postings here most detest the opinions of the major talking heads. At least when they differ in their opinions.
2013 LX 570 2016 LS 460
Yet, the environmental studies major played a lead role this summer in pressuring the San Francisco State Foundation — which manages the university’s $50 million investment portfolio — to disinvest in fossil fuels.
CSU and UC schools that are considering following San Francisco State’s example have prima facie evidence of the deleterious consequences of politically-driven investment.
In 2002, the California State Teachers Retirement System divested its tobacco stocks at the urging of anti-smoking activists. In 2008, CalSTRS released a report lamenting that, had it held onto its tobacco stocks, it would have gained $1 billion.
Taking their talking points from 350.org, the UC and CSU student activists maintain that fossil fuel stocks can be easily replaced by investments in “green” energy, including solar power, wind farms and biofuels.
But that’s just a fiction, as evidenced by the performance of the NASDAQ Clean Edge Green Energy Index Fund, which includes such stocks as First Solar, Hexcel and Teslas Motors. Since its market peak, the index fund has lost nearly 50 percent of its value.
That just goes to show why UC and CSU fund managers should not be taking investment advice from college undergrads who major in environmental studies, who know next to nothing about buying and selling equities.
http://calwatchdog.com/2013/08/30/csu-uc-pressed-to-disinvest-in-fossil-fuels/?u- tm_source=twitterfeed&utm_medium=facebook
The S&P has yielded a little over 4% dividends on average historically even though presently it's at 2%. Still better than the money markets.
The only reason I'm not at 98% is my wife just retired, and rolled over a $50K pension account into an IRA.. Just not comfortable sticking that lump sum in at these levels...
Unfortunately, it's earning about .01%, while I wait.....
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2013 LX 570 2016 LS 460
The thing that I did right was that a couple weeks ago I took profits on SPY above 168 since I smelled a decent correction. Now the trick is when to buy it again. I'm not sure if this has been enough of a correction. My gut tells me it is not. As I write this, the futures say there will be a sharply higher opening but we will see what happens the next day or two.
http://www.bbc.co.uk/news/business-23095938#TWEET814905
http://wallstcheatsheet.com/stocks/is-this-more-evidence-that-samsung-is-copying- -apple.html/?ref=YF
Are any of you changing your investments? I'm considering going to all cash for a while.
Anyone moving more into commodities?
Gold?
Silver?
Oil?
:surprise:
As much as I don't trust the U.N., I think it is best to see what they say. Except for some income stocks I am very light on equities right now.
2013 LX 570 2016 LS 460