SIRIUS Weekly Thread Week of 2/22/2010

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Originally Posted by SiriuslyLong

Wise ass! You get my point. Stimulus money ain't funding ****ing pool pumps or candles. There is some "organic" growth in our economy. We are running several line 24/7.

Question to everyone, what is stimulus money funding?????

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I see it as working slowly. It's employing or keeping employed, local government workers like teachers, police and firefighters, street cleaners and the like. They might have lost jobs due to local governments not being able to run deficits and having tax revenue falling due to the recession. Those workers then can pay the Sirius bill, buy candles, and have new siding installed on the house. Then those workers will be able to shop, buy cars, take vacations etc. It's a big loop. The old story goes, you've got to spend money to make money. Once the private sector regains it's footing, tax revenue will rise and those jobs will be paid by local governments not the federal deficit. Stimulus money is also helping people pay for college and for road and bridge repair.

I think that is how it works.

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Originally Posted by Big Ben

Siri is dropping like a bad habit, might not hold 1 today. I think Mel wants it to go under so he has to reverse and give away the rest of the company to Liberty.

Happy Holding folks! Losing paper profits does not really mean anything anyway, you did not really have anything to begin with.

Big Ben

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I think the above post says all that needs to be said about hypocrisy.

Another nice strong close up 3 cents to 1.12!

It's nice to see these end of the session rallies. It makes for a much happier cocktail hour....:)

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Originally Posted by SiriuslyLong

Thanks Havakasha - where can I find what kind of jobs have been created?

Obviously, MI has been brutalized. There is this one industrial park in Plymouth, MI that has about 80% of the buildings for sale. Pathetic.

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CBO estimates that stimulus package has employed up to 2.1 million workers.

For months, conservatives have been claiming that the
American Recovery and Reinvestment Act (ARRA, i.e. the stimulus) is a “boondoggle” that “failed” and did not create “one new job.” But last week, the New York Times’ David Leonhardt noted that economic research firms estimate that ARRA created or saved 1.6 to 1.8 million jobs. And today, the non-partisan Congressional Research Office placed the estimate even higher, saying that ARRA is responsible for up to 2.1 million jobs in the 4th quarter of last year:

CBO estimates that in the fourth quarter of calendar year 2009, ARRA added between 1.0 million and 2.1 million to the number of workers employed in the United States, and it increased the number of full-time-equivalent jobs by between 1.4 million and 3.0 million…CBO also estimates that real (inflation-adjusted) gross domestic product (GDP) was 1.5 percent to 3.5 percent higher in the fourth quarter than would have been the case in the absence of ARRA.

CBO calculated that without the stimulus package, the unemployment rate would be up to 1.1 percent higher. It also said that unemployment is higher than analysts predicted after passage of the ARRA due to “greater-than-projected weakness in the underlying economy rather than lower-than-expected effects of ARRA.”
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Research shows that various newspapers around the country have articles describing how the money has helped their community.

It is true that the result is uneven and in many cases apparently slow in coming. It is also true that whatever the current result, it would be much worse if nothing had been done. Ask those who are now working.

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Originally Posted by Big Ben @ Feb 23, 2010, 10:19 AM

Siri is dropping like a bad habit, might not hold 1 today. I think Mel wants it to go under so he has to reverse and give away the rest of the company to Liberty.

Happy Holding folks! Losing paper profits does not really mean anything anyway, you did not really have anything to begin with.

Big Ben

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http://img62.imageshack.us/img62/8316/fallingg.jpg

http://img341.imageshack.us/img341/1400/falling2.jpg

Right wing lies about the stimulus package are becoming more and more clear to everyone.

Ben now you understand why i said you were your own worst enemy.

"Siri is dropping like a bad habit. Might not hold 1 today. I think Mel wants it to go under so he has to reverse and give away the rest of the company to Liberty."

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Originally Posted by candleman

Another nice strong close up 3 cents to 1.12!

It's nice to see these end of the session rallies. It makes for a much happier cocktail hour....:)

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Nice? You are too soft spoken. That was a f'ing excellent close!!!

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Originally Posted by voogru

http://img62.imageshack.us/img62/8316/fallingg.jpg

http://img341.imageshack.us/img341/1400/falling2.jpg

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Very funny Voogru!

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Originally Posted by voogru

http://img62.imageshack.us/img62/8316/fallingg.jpg

http://img341.imageshack.us/img341/1400/falling2.jpg

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He who laughs last laughs best!! Good One. Well done!

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Originally Posted by Atypical

CBO estimates that stimulus package has employed up to 2.1 million workers.

For months, conservatives have been claiming that the
American Recovery and Reinvestment Act (ARRA, i.e. the stimulus) is a “boondoggle” that “failed” and did not create “one new job.” But last week, the New York Times’ David Leonhardt noted that economic research firms estimate that ARRA created or saved 1.6 to 1.8 million jobs. And today, the non-partisan Congressional Research Office placed the estimate even higher, saying that ARRA is responsible for up to 2.1 million jobs in the 4th quarter of last year:

CBO estimates that in the fourth quarter of calendar year 2009, ARRA added between 1.0 million and 2.1 million to the number of workers employed in the United States, and it increased the number of full-time-equivalent jobs by between 1.4 million and 3.0 million…CBO also estimates that real (inflation-adjusted) gross domestic product (GDP) was 1.5 percent to 3.5 percent higher in the fourth quarter than would have been the case in the absence of ARRA.

CBO calculated that without the stimulus package, the unemployment rate would be up to 1.1 percent higher. It also said that unemployment is higher than analysts predicted after passage of the ARRA due to “greater-than-projected weakness in the underlying economy rather than lower-than-expected effects of ARRA.”
_____________________

Research shows that various newspapers around the country have articles describing how the money has helped their community.

It is true that the result is uneven and in many cases apparently slow in coming. It is also true that whatever the current result, it would be much worse if nothing had been done. Ask those who are now working.

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God you are a twit the place you relie on to get your information has been cought time and time again in lies. Only a twit like yourself would trust them still.

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Originally Posted by SiriuslyLong

Nice? You are too soft spoken. That was a f'ing excellent close!!!

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Spectacular close and one i frankly didn't see coming. Tomorrow and the rest of the week should be very interesting.

Hey dipsticks 1 and 2...please take your political bs back to the political thread. The rest of us would appreciate it!

If we need some humor...we know where to find it!

JS

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Originally Posted by just sirius

Hey dipsticks 1 and 2...please take your political bs back to the political thread. The rest of us would appreciate it!

If we need some humor...we know where to find it!

JS

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I second that emotion!

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Originally Posted by just sirius

Hey dipsticks 1 and 2...please take your political bs back to the political thread. The rest of us would appreciate it!

If we need some humor...we know where to find it!

JS

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There is no need to be nasty about a small diversion from the main topic of the day.
You did see our discussion with Ben today about SXM didnt you? Oh i get it you weren't there all day but you decided to come in at this late hour and kick up a silly storm.

I seem to remember that your great friend John would sometimes bring political comments to
stock threads and you NEVER said anything.
Which just makes you a big hypocrite.

sorry buddy

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Originally Posted by proactiv

I second that emotion!

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Or another way to put it is- I second that MOTION. :D

http://www.thestreet.com/story/10687...m_ven=GOOGLEFI

Good morning :sunny:

Good article on The Street.
All this good news is easing the pain of winter. :)

Hope all is well.

Julie

http://www.dailyfinance.com/story/wh...rius/19368763/

Just found this after I posted. Why Stern is staying put.
I agree, he is not going anywhere.

Yesterdays close was very impressive. It reminds me of the little train that could. The trend all day was down on ok volume, which usually can lead to a piling on affect, not the case yesterday. This little thing fought off some major pressure. I definitely should have picked off some at 1.06, I would have had those beauties on the sell block by 9:45am today. I am truly hoping the stock stays above the dollar mark for the 10 day period, this will give a real barometer on Mel and the board. As for the turn around I was not watching, unfortunately I had the Norwalk Virus and have had one of the worst nights of my life, no bullshit...body aches, liquid ass, 7 monster hurls, shivering with goose bumps all over, dry mouth, everything. I would not wish this on my enemies. Two nights ago one of the girls had it, up all night doing the ass to mouth trick on the toilet. By noon yesterday I had it, could not eat, girl friend giving me shit about being a loser and staying in the room, saying she won't come on vacation with me anymore...rudeness. By mid afternoon she was vomiting and had diahria, and the cramping and pains were outrageous. She apologized for being so inconsiderate. Everyone is feeling better but not 100% yet, if you ever get a gastro intestinal virus you'll know...it comes on at 100mph...it actual can be the death nail if you are elderly and have a weak immune system...we think it came from my girl friends old job, old folks home NHC.

I am only posting this stuff for your enjoyment. I know some will get a kick out of Big Ben the Bear laying in bed wishing for death...LOL.

I defiantly have to grab some shares before the CC, rather it be at 1.06 then 1.15 but hey beggers can't be choosers. Good luck today, god knows I need it.

Big Ben

PS I follow level two and trends, I can not predict buys coming in at the close and scooping up nice chucks of shares...hell nobody can.

Sounds like a real bummer. Lots of jokes i could make but i'll go easy on you today. :)

Be careful what you post here because Just Sirius might come along and admonish you. :D

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Originally Posted by Big Ben

...body aches, liquid ass, 7 monster hurls, shivering with goose bumps all over, dry mouth, everything.

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Thanks for sharing that with us, Ben. :eek:

I do hope you feel much better today.

Ben, my are eyes are watering from laughing so hard. Not at you, but with you. We've ALL been there. What a way to wreck a vacation!

Hope you're feeling better and let's see if SIRI can get over 1.15 and stay there today.

Chuck

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Originally Posted by Big Ben

Yesterdays close was very impressive. It reminds me of the little train that could. The trend all day was down on ok volume, which usually can lead to a piling on affect, not the case yesterday. This little thing fought off some major pressure. I definitely should have picked off some at 1.06, I would have had those beauties on the sell block by 9:45am today. I am truly hoping the stock stays above the dollar mark for the 10 day period, this will give a real barometer on Mel and the board. As for the turn around I was not watching, unfortunately I had the Norwalk Virus and have had one of the worst nights of my life, no bullshit...body aches, liquid ass, 7 monster hurls, shivering with goose bumps all over, dry mouth, everything. I would not wish this on my enemies. Two nights ago one of the girls had it, up all night doing the ass to mouth trick on the toilet. By noon yesterday I had it, could not eat, girl friend giving me shit about being a loser and staying in the room, saying she won't come on vacation with me anymore...rudeness. By mid afternoon she was vomiting and had diahria, and the cramping and pains were outrageous. She apologized for being so inconsiderate. Everyone is feeling better but not 100% yet, if you ever get a gastro intestinal virus you'll know...it comes on at 100mph...it actual can be the death nail if you are elderly and have a weak immune system...we think it came from my girl friends old job, old folks home NHC.

I am only posting this stuff for your enjoyment. I know some will get a kick out of Big Ben the Bear laying in bed wishing for death...LOL.

I defiantly have to grab some shares before the CC, rather it be at 1.06 then 1.15 but hey beggers can't be choosers. Good luck today, god knows I need it.

Big Ben

PS I follow level two and trends, I can not predict buys coming in at the close and scooping up nice chucks of shares...hell nobody can.

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