Brace yourselves for another big dump today!
EDIT: Looking like this mornings ugly futures may have tricked me into boasting a foolish comment. I hope it keeps up!
Brace yourselves for another big dump today!
EDIT: Looking like this mornings ugly futures may have tricked me into boasting a foolish comment. I hope it keeps up!
Last edited by bdp.; 10-16-2014 at 10:40 AM.
Fed bond buying expected to end this month.
http://www.therepublic.com/view/stor...of-Bond-Buying
up $8k riding the lightning so far this morning.
I am completely incapable of sitting by and waiting for sh!t to settle.
Good luck guys
Seems like the times a changing.....HBO and CBS are starting to offer their channels as stand alones over the internet.
http://money.cnn.com/2014/10/15/medi...net/index.html
http://finance.yahoo.com/news/cbs-of...130026588.html
Changing indeed. We have several guys in our office under 25 that don't pay for cable and think it is crazy to do so. Ala cart entertainment will be a game changer as people just pay for what they watch and not for packages. Hopefully SIRI management has the vision to finish this "marathon" they speak of....
Seeking Alpo article regarding another sirius legal setback.
http://seekingalpha.com/article/2569...app=1&uprof=19
On a positive note...futures are green.
Last edited by dm_4; 10-17-2014 at 07:49 AM.
Possibility Feds continue buying bonds beyond oct.
http://finance.yahoo.com/news/market...095242330.html
The law that applies to situations where state and federal laws disagree is called the supremacy clause, which is part of article VI of the Constitution. The supremacy clause contains what's known as the doctrine of pre-emption, which says that the federal government wins in the case of conflicting legislation. Basically, if a federal and state law contradict, then when you're in the state you can follow the state law, but the feds can decide to stop you. When there is a conflict between a state law and federal law, it is the federal law that prevails. For example, if a federal regulation prohibits the use of medical marijuana, but a state regulation allows it, the federal law prevails.
So, according to federal law, there's nothing to worry about, unless of course, they manage to overturn a federal law which is less than unlikely. So, although annoying, I truly believe there is not much to worry about here. Of course you would never see anything written on SA or elsewhere defending the law as I have clearly outlined above.
BDP i agree with 99% of what you state. My only concern from what little i know about the CA cases....is that the fed law applies from a certain date going forward (1972), yet may be quiet as to pre 72. One could argue that if the fed legislation was quiet to pre 72 then no real conflict of legislation exists between states and feds. it will be interesting to see what the New York Court decides. I am not too worried about it...i just posted the link because it was siri related.
Last edited by dm_4; 10-17-2014 at 09:30 AM.