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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (763068)	1/10/2014 3:38:31 PM
From: longnshort	1 Recommendation Recommended By PKRBKR Respond to of 1574258

dems say look at all the people we put on welfare and food stamps. republicans say look at all the people we got off welfare and food stamps. I know this is over your head Koan

To: koan who wrote (763068)	1/10/2014 3:39:54 PM
From: longnshort	1 Recommendation Recommended By joseffy Read Replies (1) \| Respond to of 1574258

Why is Obama’s FEMA Denying Disaster Relief to Red States? 8 lonecon and not a word from the lib media, which is worse this or christie's problem ?

To: koan who wrote (763068)	1/10/2014 4:04:17 PM
From: Broken_Clock	1 Recommendation Recommended By Wharf Rat Read Replies (2) \| Respond to of 1574258

Did I mention republicans? we are discussing Obama aka "worse than Bush" by any metric. He's so far right he makes Republicans uncomforatble. lol! === Here's more for you from today: For high-end retailer Tiffany & Co., the holidays were very happy indeed. For Sears Holding Corporation, the parent company of Sears and Kmart, the busiest shopping period of the year was miserable. Tiffany saw its sales increase sales by 4% in the last two months of 2013. Except for Japan, Tiffany saw its sales up in every region. On the flip side is Sears, which watched its same-store sales drop by more than 9% for the last two months of 2013 while its sister company Kmart saw declines of nearly 6%. According to Steve Cortes, founder of Veracruz TJM, the different results by these two companies had everything to do with the type of consumer each one caters to. "I think that what we're seeing between Tiffany and Sears doesn't have a ton to do with those companies respectively," says Cortes. "Rather it's a macro reflection of quantitative easing." Cortes is referring to the Federal Reserve Bank's monetary stimulus which had the central bank buying $85 billion of US Treasury and mortgage bonds per month over the past year alone. That kept bond prices up and, thus, interest rates down while adding dollars into the financial system. The Fed has pursued various forms of quantitative easing since the financial crisis began but is now planning to begin tapering it. "Quantitative easing has been fantastic for the wealthy, for the owners of assets," says Cortes. "It's been anything but fantastic for lower and middle income folks who are being squeezed greatly by this quantitative easing policy." Stores catering to middle and lower income consumers such as Family Dollar also saw disappointing sales, notes Cortes. "I think you're seeing folks who are regular wage earners having a very hard time with oil that continues to hover near $100," says Cortes. "They're not benefiting from a rising stock market because, for the most part, they're not invested or, at least, not materially so. But, you have the opposite of that with Tiffany." Cortes believes this trend will continue under incoming Fed Chair Janet Yellen. Yellen is perceived to be on the "dovish" side of the spectrum at the Fed and thus more open to continuing quantitative easing. For Cortes, that means more of the same.