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April 9, 2010     Post-Gazette
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April 9, 2010

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Page4 POST-GAZETTE, APRIL 9, 2010 ~7~' ~-~':~! ngwithBenDoherty. EARNINGS WILL BREAK THE BANK by Sal Giarratani .... Earnings season should only declines are aerospace, 30% growth in Q3 and 25% be strong with broad gains, utilities and conglomerates', growth in Q4. Government is Supposed to be Our Business Standard and Poor, ,which Mr. Van Disk, chief strate- Manufacturing activity When I was a kid. I read a another thing for a public tracks earnings, expect to gist with equities for S&P stepped up in the US and great little paperback en- high school to assist in it. see more r6bust earnings to likes Microsoft Windows. is worldwide as auto sales leapt titled "Government is Our Family is the foundation of roll in this month as corn- getting some good reviews, in a sustainable recovery. Business." It was a popular our society and goVernmentt ! pared to prior years. They and Apple is doing well. TheThe US Index rose 3.1% to little book in the early to appears to like weakening expect 70% 1st quarter earn- energy sector should lead 59.6%, the eighth straight mid-fifties. The premise ofthat foundation, i1 ings growth from S&P500 with, a 33.7% revenue growth gain and the highest level the whole book was that We can assume now stocks. Zacks Investment due to higher oil prices. Ba- since 2006. government was the busi- that Obamacare has been Research which tracks me- sic materials should do well New claims for unemploy- hess of the people. If we didn't rammed through, that the dian time companies projects amid rising prices for copper, merit fell by 6,000 last week get involved, government next logical target for liberals a 22.4% overall positive steel, iron ore and other to 439,000 the Labor Depart- might-become something we in power is to legalize all gains. Excluding financials, commodities and they ex- merit said, The four week wouldn't like. One emphaticthose illegal immigrants. 4th quarter profits growth was pect 105 revenue growth for average fell tQ 447,200, the point made over and over They say the number is 9 14.8% for the S&P500, but he Q1. These gains should havelowest since , September again was "Either we run itmillion, but most of us know says banks will not give asan immediate impact on 2008. a sign that unemploy-or it runs us." It would be as it is close to 15-20 million. much lift this time. Banks earnings. The semiconduc- merit has become confident good as we want it or as bad Watch how this impacts will not be distorting things toT and retail sectors havean economic recovery. That as we allow it. The principle healthcare. Right now. they as they did last time in the been active. Mr. Van Disk is the 2"d month of net hiT- being applied wasn't liberal or say only the rich will pay 4th quarter. Standard & Poor likes the semiconductor ing since the end. of 2007.conservative, but rather just, more taxes, but there ain't was the financial stocks stocks and they stand out in However, most of these jobsplain American. Back in 1775 enough of them. Government producing 16.2% growth for terms of value. It looks like are from temporary workers when the American Revolu- will start lowering the boom the 1st quarter. But doublea nice time to get potential for the US Census in 2010.-lion began, our founders on the middle-class and work- digit gains are projected for for upside surprises. Any rev- Oil prices rose to an 18 fought not only for indepen- ing families sooner than the tech, utilities, health- enue growth will drop to the month high. Oil rose $1.11/deuce from England but for later. care and industrial~. A1cor is bottom line as these compa-bll to 884.97/bli., the high- self-rule. Government should When the Soviet Union was expected to kick-off the nies have a lot of leverage, est since October 9~, answering to the gov- still alive and kicking, the earnings system when it It's a good setup to exceedCrude rose $4.37 or 6% for erned. Today, 60 years after world watched as the Soviet ] reports on April 12th. Banks expectations. They have the week. Other commodi- that little book was printed, Poliboro pretended to be the seem to be emerging from seen upward revisions from ties also rallied, we seem to have fallen downvoices of the people. Our Con- the credit losses that hand- Apple, Applied Materials and The NYSE rallied 1.8% as a democracy in a republic, gress was looked upon as the cuffed them in 2008-2009. Honeywell. Xyratex shares for the week. S&P500 1, theSurely, folks like Thomas polar opposite. Today, with They don't have to reserve shot up 9.9% to a new high Dow .7% and the NASDAQ Jefferson and Ben Franklin,Democrats ramming us all as much for bad loans and a day after it reported earn- .3%, a very cautious out- to name just two of those the time, the Poliboro doesn't that's ;really helping earn- ings up 23%. Retail has look awaiting the unem- founders, warned against look that bad anymore. ings growth. Zach figures all done well in terms of plQyment report that was what is now happening. Is it any wonder that mas- that Q1 strongest gains will revisions and among the delayed because of the Government continues to sivefrustration with govern- be autos, construction and strongest sectors with 315 holiday, grow and grow. The presidentmerit and the Democratic basic materials. Each of theupward revisions, and 85 It's time *to call your and Democrats in Congress Party has led to the Tea Party sectors should double their downward revisions. S&P financial advisor or call meare moving us closer and investment? People want earnings from last year. Theexpects 37% growth in Q2, at 617-261-7777. closer to the brink of repre- their government back again. sentative democracy. Little Government shouldn't be * Mayor's Column (Continued from Page 1] by little and more and more, viewed as the enemy, it is can be' brought into your staffed 24-hours a day to re-lag low-interest loans, avail- we are shrinking in power to supposed to just be -a reflec- home from sewage backups, spond to matters and direct able to eligible individuals a national government that lion of us. However, the re- i, It is also a good idea to take callers to appropriate agen- and businesses impacted by wants to tell us what's good cent strategy on the part of photos of all damages and cies for support, last month's storms.- Af- for us rather than the other Obama-Pelosi-Reid on the way around. The recent pas- United States of America has save receipts for the repairs If you experienced damage fected residents and busi- sage of Obal~acare sl~ows soiled democracy. It was !i and provide your insurance during the recent storms, ness owners can. begin the i! company with this detailed you should register with thedisaster application processthat the whole health care nothing more than a power jl] information. Federal Emergency Man- by registering online at issue was less about health grab by hungry politicians Most importantly, remem- agement Agency (FEMA)~ www.DisasterAssistance~gov care and more about concen- seeking as much control as beT that you are not on yourPresident. Barack Obama or by calling 1-800-621- trated power in. the hands of possible. Our privacy rights own. Cleaning up after a di-has issued a disaster decla-FEMA (3362) or 1-800-462- a few in Washington. More have been removed from us saster is a daunting and ration for several counties 7585 (TTY) for 'the hearing than 59 percent of the Ameri- for the greater good of society. overwhelming task. The city across Massachusetts, in- and speech impaired. The can people opposed theDemo- Big Brother really is watch- provides many resources for eluding Suffolk County and toll-free telephone numbers crats' plan, yet they rammeding our every move. We only residents with any questionsthe City of Boston. This dec- are available from 7 a.m. toit down our unwillin, g throats, pretend that we are free and concerns. The Mayor's laration makes different 10 p.m. EDT. Recently, on FOX News, people, but little by little and hotline (617-635-4500) is forms of assistance, includ-I also encourage all of our there was a story about a high more and more we get residents to think ahout school in Washington that chained everyday. Folks in assisted a young student inthe Tea Party movement are their own personal emer- obtaining an abortion without not racists, haters, brown LAW OFFICES OF gency plans. A disaster can FRANK J CIANO happen at any time and her mother knowing about it. shirts and neo-Nazis, they there are some simple stepsIt is bad enough that minors are Americans who love free- can get an abortion withoutdora and are willing to stand GENERAL PRACTICE OFLAW you can take to make sure )arental consent, but it isup for it. you and your family are DIVORCE * WILLS * ESTATE PLANNING * TRUSTS prepared. Through the city's ~,.| ~, CRIMINAL * PERSONAL INJURY * WORKERS COMP. ReadyBoston community -~ L..'][ preparedness initiative, the E iN 617-354-9400 Mayor's Office of Emer- SiParlaltaliano gency Preparedness is avail-PRINT| able to help residents be- 230 MSGP~ O'BRIEN HIGHWAY * CAMBRIDGE, MASSACHUSETTS 02141 come better prepared. Visit 5 PRINCE STREET NORTH END-BOSTON, MA 02113 f " readybosron to. build your own personalized plan, and learn ~ivi~|~I~i~i~i~ii~]~E~iI*]~P~1o~1i~1~l~i~u~4~i~i more about the hazards you may face and steps you canQuality ting ake to be ready. Prin for all your COMM TTEO To ouAu Vtl z z a Commercial and Personal Needs " DRY CLEANING SERVICE WITHIN Funeral Homes U YOUR NEIGHBORHOOD 262 Beach St., Revere [1 781-284-1127 [ Shirts Laundered Leather & Suede Expert Tailoring by Nina & Mario 11 Henry St., E. Boston 617-567-0955 EAST BOSTON NORTH END Louis R. Vazza - Mark A. Tauro ---- COMPETITIVE PRICES 24 Porter Street 306 Hanover Street Funeral Directors Tel. 617.567.9850 Tel. 617.742.0800