Myth465

ATSG is pretty close. EBITDA should be $200 million for 2012, Cash Flow is a bit farther off due to maintenance capex, all other capex is growth and should be profitable ...

Getting there. Mr. Market is almost making me an offer I cant refuse. One stock is close to 1x Cash Flow lol. Cash still at 10%...

Tim everyone wants to focus on the spending side. Some want to do nothing on the revenue side. No one says focus on revenues, everyone says either it will take a bit of both with mostly spending, or it will be all spending.

Yup thats pretty much how the machine works. David Stockmans book, The Triumph of Politics lays it out at length. The Republicans are much better at politics. Great article. I agree with just about everything. The Dems really fail at taking care of their base, and their base is too scattered / disinterested. Its a tough situation. I like that the article just calls it as it is without a bunch of rhetoric.... And what about the domestic front? The central issues in the United States today are jobs and economic growth. Democrats like to spend on entitlements that help their voters. Republicans like to cut taxes to help their voters. Democrats want to raise taxes -- mostly on Republicans -- to pay the cost of their social programs. And Republicans want to cut those very programs to "pay" for tax breaks for wealthy -- read Republican -- voters. Does the national interest or the people's well-being enter the equation? Not really. The well-being of key voters (those essential for victory) drives the choice. Obama may boast of the dictators taken down under his first term, but to get elected to a second term he may need to think like one.And what about the domestic front? The central issues in the United States today are jobs and economic growth. Democrats like to spend on entitlements that help their voters. Republicans like to cut taxes to help their voters. Democrats want to raise taxes -- mostly on Republicans -- to pay the cost of their social programs. And Republicans want to cut those very programs to "pay" for tax breaks for wealthy -- read Republican -- voters. Does the national interest or the people's well-being enter the equation? Not really. The well-being of key voters (those essential for victory) drives the choice. Obama may boast of the dictators taken down under his first term, but to get elected to a second term he may need to think like one.

I think Blodget is spot on. Based on Richard Koos work its basically a copy of his recommendations. I also think the most important part is leveling with the American people. Whats interesting is Christie has the best shot of being able to do it and still win...

Been looking at this one but low on cash, I it as a way to play mining.

Should be interesting, I have front row seats.

Tim there are people who run the Republican party whose main goal is the reduction of taxes, and who have said they will not raise taxes regardless of the situation. I agree with you on spending, and on the poor and middle class, but a rational conversation is simple not possible with many of the leaders of the GOP. 10 to 1 taxes to spending isnt enough, and they are still trying to reduce rates and taxes for their constituents. Its fine a policy, but is annoying when they then complain about the deficit which they are contributing to. Perhaps I should have said Republicans instead of Conservatives..... Either way rational Munger / Reagan conservatives, are basically a dying breed. They have ceded the party to the crazies inmo.

I would say they are getting a nice return on investment.

It will come out one way or another especially if there is a recap. I have been watching for a year or two and think now is still too early. The time to buy inmo is when there are a few more weak sellers for FRO and OSG. Both should be able to pickup ships on the cheap and right now it seems as though weak hands are holding... With the weak economy I see no rush...

http://finance.yahoo.com/blogs/daily-ticker/going-lot-worse-ecri-achuthan-says-recession-unavoidable-141929160.html;_ylt=AqGDCxkLvgUopCT5MPdRBZop2YdG;_ylu=X3oDMTE2dG5zdHVlBG1pdANEVCBJbmRleARwb3MDMzEEc2VjA01lZGlhQmxvZ0luZGV4;_ylg=X3oDMTFpMm9iMzh1BGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANibG9nBHB0A3NlY3Rpb25z;_ylv=3

This is all quite interesting to me. I never thought we left the first recession and tend to agree with Buffett, we are bumping along pulling out slowly. What I never accounted for was the rally was based on a bull market in the economy. Something to keep in mind in the future.

Very interesting thanks for the link.

Pretty much everything is getting hired. Items with debt are getting hammered even more...

I agree, very good interviews.

I have been watching loosely for a year or so. I plan to buy when the CEO of FRO gets back in and recaps FRO....

LOL fair enough. Good example.

I think its the wrong question. Conservatives simple hate higher taxes, Buffett is just cannon fodder.

Here are some additional details, they say its designed to be revenue neutral. http://www.politifact.com/truth-o-meter/article/2011/sep/26/facts-about-herman-cains-9-9-9-tax-plan/ A black man saying taxation is the equivalent to slavery is a man who doesnt know history, and inmo isnt qualified to be president. Can anyone imagine a Jewish guy saying paying tax rates that exist now is the equivalent of working in a concentration camp?

Just stating the truth / obvious. Are you Herman Cain's :)? The guy has no shot inmo which isnt worth much. Why 9,9,9 - 6,6,6, is lower, and shows taxes are evil ::)

All this plan does is show that he doesnt care about the deficit. Basically Parsad is correct, anyone with any sense will just work around it and will pay no more than 11% in tax when its all said and done.

Tariq is awesome. I would go with Clinton though. Tariq would get a phone call from behind the scenes before we made any real decisions. We all know this is to get Bill and Hillary, and Chelsea is just the bait....

Im lazy. I will buy when the Chairman does, preferably after a recap....

Very high quality review. I should take note lol. Reading Duncan Watts new book Everything is Obvious: Once You Know The Answer will make you uncomfortable - This is how I felt after the book.

Perhaps Loews.