That sure would be good for SLW investors. I sold today most of my shares. Risk trades are off today. Safety, and not losing money is a powerful force. Unless Europe get's it together with a defineable plan to deal with it's...
That's a pretty small slice of the debt pie, but an important step in the right direction. It would cut 1.3T in LONG-TERM debt. What's killing us, however, is the CURRENT PORTION of long-term debt...what we have to shell out annually to run the leviathan and pay interest. RP recognizes that and so he proposed a $1T ANNUAL budget reduction that will balance the budget by his 3rd year in office by eliminating giant tranches of bureaucracy, recommitting to defense instead of aggression, cutting foreign aid, and reducing the numbers of people that rely on the federal gov't for subsistence through block grants to the states. Great plan.
What BS. Who is the depression worse for? The rich are richer that they were in 1930s. The so-called debt is only a political football to kick around and means nothing to the average person. The problem is that the government lowered tariffs and allowed greed to take over. Jobs were shipped overseas to create more profit for the idle rich. Exporting jobs was an anti-American traitorous act.
Problem is there's no manufacturing here laying idle and, what's more, there no striking, earthshaking innovation or invention on the horizon to move the economy forward. Those were two elements of promise present even during the "Great Depression." Those elements don't exist today. That's why it is much different in today's poor economy than it was in the 1930s. Read an article on this very thing just a few days ago, though, unfortunately, I'm unable to recall the source.
$3 an hour while an intern still learning. I did not get paid in grad school. Socialized medicine works for the VA. Two years ago they were rated the best healthcare in Boston. Boston has several top hospitals and 3 top medical schools.
I am an Independent voter,and our country need's to be more business friendly. The bottom line is that only business create's productive job's. I do not like this coming new health care plan. It will be run basically by the health insurance companies. Talk about conflict of interest!(if a person dies sooner or get's cheap medical care, the health insurance companies save money). Better America has medicare for all American's than that.
In the early day's of America, congress was for the people of America. Now,imo, they are mostly for what is in it money-wise for them. That is why a person has to be a mult-millionare to run for congress. The lobby folk's fund every congress person. They, in a round about way buy election's. Money-advertisement-win!
I know this is off topic of SLW, but, imo, the health care of American's is seperate from a business entity. We should strive to keep American's healthy, and cost should not be a factor. That is why I am opposed to this coming "health insurance lobby's dream" of a forced health care plan for American's.(you pay the health insurance company or you pay a fine).
That is an empty threst by the rich that they ruin the ecomomy if tariffs were imposed. Other countries have tariffs. Germany has strong unions and a favorable balance of trade. 50 years ago corporations were happy with 10% profit. Now they say they are unhappy with 40%. If a corporation is not satisfied with 10% or whatever profit then let them go elsewhere as someone else will take their place. You want to lower the standard of living in America to that of the lowest in the world.