8 years of Harding / Melon trickle down theory lead to a depression known as "The Great Depression". Less than 8 years of Bush Slashing Taxes, easing regulations, and making it too easy to get mortgages, combined with a trickle down and across the board tax decrease, lead to a great recession.
Those are facts, don't be confused.
Yes, spot on thinking. If it doesn't happen this week, keep waiting.
Then, on the flip over, dollar cost average is the name of the game. Could take patience, or it could go relatively fast, but at some point, from levels south of here, it will definitely go up.
Being a long time Pats fan, I have to admit it's a double edged sword.
Starting back in the 90's with Bledsoe, we started to have the kind of results we should've seen in the Grogan era.
Then came Brady.
But with the coach, whose name should not be taken in vain, came some shameful stuff.
Needless shame, what with all that talent and hard work, there was never a need for the shameful stuff.
BTW Steelers stink. LOL.
Here's the truth. Most people have been brainwashed into a "left vs. right" paradigm, which is not realistic. Romney could be president right now, and the insurance companies would still write the laws governing healthcare in the US.
It's not the size of the government that is the problem, it's who is really running the country....a plutocracy, a minority.
I wouldn't say he's "communist" by textbook definition, but I'd say the plutocracy is alive and well under his watch.
Banks and insurance companies, and corporations, are writing the laws of the land, and will end up starving themselves out by starving their own customer base. Greed can be stupid.
I'm hoping we get Sanders or Trump. The most important issue to me, is bringing jobs back to USA, something both of these candidates are for. If Trump wins, he should thank the president for driving the swing vote over to the right this time around.
I made it a point to do my online shopping around Halloween, before the volume got so heavy. Delivery times will be somewhat slower with the holiday volume.
Tell me about it. I load a tractor trailer in the evenings for UPS. It's relentless lately. Tomorrow night could be a record breaker.
As I was headed here I saw something about emissions price....
That's what they have in mind? CO2 emissions are OK if paid for? That is supposed to fix everything?
This is stupid.
Not everyone’s doing badly, of course. The richest 10 per cent are the only group – the only group! – who saw their median income rise from 2010-2013. As the Washington Times points out, that’s the same period in which Barack Robin Hood Obama won re-election painting the GOP as corporate vampires. The richest people have seen their share of taxes decline quite dramatically under this “socialist” president – while, interestingly, the share of federal income tax paid by the middle class has, according to the IRS, slightly risen.
Waiting to see if it gets to the 20's sounds like a good idea to me. As for Credit Suisse assessment, I'm not sure if I agree with or trust their statement about supply no longer growing.
Opec is going out of their way to keep the builds on inventory going. We're still seeing the builds, and that is what I'm going by.
This was a huge move in under two months.
Could be bottom here. If not, there could be big trouble ahead for the economy in general, with one bright spot, more money in peoples pockets after heating oil and gasoline costs.
Just like automation and manufacturing, new technologies replacing fossil fuels will disrupt the oil industry in the near future.
For now, prices are being kept low on purpose by OPEC countries pumping it out and adding to the glut, in an effort to crush other producers, like the shale oil companies in the US for example.
It's a problem in the short term, in the long run, the oil industry is going to shrink anyhow.