By entitlement do you mean Social Security and Medicare? These art the two biggest unfunded entitlement programs. Retirees are collecting way more than they ever paid in, and it is only going to become a bigger problem as people live longer and often spend years in nursing homes. Medicaid kicks in when their funds get exhausted or their families are successful in suctioning off their assets before the government finds out, whichever comes first.
I am not bitter. I am extremely happy. What annoys me is the #$%$ that you idiots spew. However, refuting mindless dribble is not my life's calling. I do have better things to do, so I bid you a great Memorial Day weekend. Let's remember all the people who gave their all for this country. Especially those like my dad and uncles who put their lives on the line to fight the real Nazis and Communists.
Exactly when that will happen, I cannot predict, but Dr. Frost has a history of buying, building and selling his companies. I intend to be long when that announcement comes.
The income disparity sucks. The rich are getting richer yet the people with money lobby against minimum wage increases. I always worked since I was 13 years old. I started as a 7 day a week paperboy for $4.50 a week plus tips. My high school job paid 80 cents an hour in an ice cream shop with no tips. The owner promised me a nickel an hour raise and then reneged on it the same summer my dad died. The owner bragged about being a millionaire, and that was something back in the late sixties. He certainly could have paid the damn nickel and then some. Today's workers have to contend with employers who knowingly hire immigrants who work for cash under the table. You will never see any immigration reform because business owners in the roofing, constructing, masonry, paving, landscaping, health care, etc. industries are making too much money off the backs of undocumented workers. If I made it into the upper middle class it was because I busted my butt and invested wisely. I was also lucky to have two bright sons who saved me big bucks on college tuition. I bought them cars of their choice as a reward. Although I live fairly comfortably, I try to give back through my church and various charities. I know I had the good fortune of having a great family, and God blessed me with the knowledge, drive, and opportunities to better myself and my family. You ignorantly try to categorize me as a socialist and communist, but the way I see it, this country would be a lot better off if there was more people like me.
Apparently the little sell-off yesterday appears to be short-lived. Nobody wants to sell a momentum stock, especially headed into a long weekend. I have no knowledge of a buyout, but long weekends are often opportunities for companies to get together. OPK's 4Kscore test appears to be a fantastic growth opportunity, and I expect any large pharma would be well advised to try and buy OPK now before revenues start pouring in. IMHO.
Another example of pinching pennies as our infrastructure rots. Lives are being lost because of upgrades that are not being implemented. The lawsuits alone will run into the hundreds of millions.
Pipelines do create thousands of jobs when you factor in the number of people who are required to clean up the mess when they spring leaks.
Our boots on the ground does nothing if the people there are unwilling to fight for themselves. It's been something like 12 years and they still turn and run when confronted with ISIS. How come ISIS can train their people in a matter of months, and we can't train them in more than a decade! This failure spans the two terms of Bush, so you just can't blame Obama. If our colonists didn't have the guts and fortitude to fight and die for their freedom, we would still be a British colony. I think the Iraqis need to adopt the slogan, "Fight or die." If tea party "patriots" insist on boots on the ground, they should put their boots on and get over there. Oh, yea, they want the boots of others over there, but not there boots or those of their children. The only thing more cowardly than the Iraqis who won't fight for their freedom and families, is the people here who are so quick to send other young Americans to risk their lives when they won't go themselves.
This was state taxpayer money that was wasted, and it is true. The records were released and the state did not deny it. Clinton's foundation will have to defend how it used its money. I am not a Hillary fan, so it would bother me if someone like Andrew Cuomo ran for the Dems. I think he would make a better candidate with a proven record as a governor. I see you mentioned air travel. Christie used the state helicopter to drop in on his son's baseball game. I don't think he paid for that one until it was disclosed. Christie has also cost the state big bucks as he travels the country as an undisclosed candidate acting like a candidate.
I made out well trading CTIX last year, and I notice that it has taken a bit of a hit of late. They seem to have a decent pipeline with an antibiotic and and interesting cancer drug in development. Any of you guys buying the recent dip? They appear to have enough cash on hand, so I don't expect dilution to be a near term issue.
I forgot to mention that Christie reportedly spent over $82,000 in state funds on concessions when he attended the Jets and Giants games in the 2010 and 2011 season. That's a lot of beer and hot dogs at taxpayers' expense. He evidently spends more time eating than Obama spends playing golf.
Got a glimpse of Christie on CNBC this morning. I saw where he tried to criticize Obama for widening the income gap. Christie evidently doesn't even know what is going on in his own state. The income gap between NJ's wealthiest residents and all other groups has widened significantly since 2000, and it has grown worse after the recent recession lifted. Only the top 20% of the state's wage earners have seen their average income increase since the recession ended in 2009. Many working families have even seen their income decrease. It is a national issue, but NJ's high cost of living makes it even worse for low and middle class families. NJ has no money to fix its roads, it has suffered 9 credit downgrades, its pension system is the second worst in the nation, thousands of Hurricane Sandy victims are still homeless, Christie's top aides have been indicted in the Bridgegate Scandal, etc. Christie is laughable as he tours the country trying to drum up support when he can't even manage his own state. His ratings in NJ are at all time lows and similar to Corzine when he had his troubles. Pretty sad that the likes of Christie could actually have a chance to get nominated for president.
Very good, rays. How about his other concepts as well? Fraz, said he liked the guy. I guess he based it on his Common Sense writing. However, you just can't pick and chose from a man's life work. I like the guy too. However, only a handful of people attended his funeral mainly because of his views on Christianity.
OPK is moving up on solid volume, and that is a very difficult thing to stop. Who cares what Cramer might say as long as Frost keeps buying.
Paine stated that those who possess cultivated land owed the community ground rent and that this justifies an estate tax to fund universal old-age and disability pensions. Paine wanted to tax the landowners once per generation to pay for the needs of those who own no land. He argued against institutionalized religion in general and Christian doctrine in particular. He also favored the concept of a minimum income. Gee whiz, Fraz, did you really bother to research this guy. Pensions, wealth distribution, estate taxes, minimum wage, etc. makes him sound more like a Democrat than a tea party hero. Fraz, have you ever considered that you may actually be a closet "socialist?" Food for thought.
When Novartis starts picking BLRX's 3 compounds that it wants to co-develop, I expect the stock will pop up close to the $3 level. Be patient and let things play out.