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    Obama says he is gonna reduce costs?

    The single largest component of spiraling health care cost is malpractice insurance, and all the redundant procedures that are required to keep it within reach of experienced practioners. How come no talk of tort reform? This should be the "low hanging fruit" to fix health care...
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    Dividend Stocks

    I suspect that lists of high yielding stocks will give you a list of stocks which will soon cut their div, e.g. banks. Might be better to follow "bottoms-up" guys. I'm no fan of Buffett, but am long JNJ (Buffet sold recently), and I am long, but covered writes on HSY. Buffett recently bot...
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    •Jefferson County, Alabama to Put One-Third of Workers on Leave as Money Runs Out

    Isn't Birminham, Alabama the place where the Mayor was trading derivitatives against the city's (or county's) municipal debt? I think the dude lost $1/2 billion or more. And he never even ever bothered to stopped by here to bitch about how everything sucks. A quick google, bang, there he is-...
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    And the stock market keeps rallying...

    Yes, likely correct. The storm clouds are gathering. And the folks clamoring for an economic implosion will probably not be denied.
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    improve a country without spending money

    We used to have a state program here like that. Inmates who were considered not a threat were let out on details to clean some of the state parks, chop the brush down, etc. Some of them started getting small injuries, insect bites, poison ivy, etc. They all started suing the State Government. In...
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    Summers Urges Banks to Lend More, Says Recovery Pace ‘in Doubt’

    The way we got into this mess was the government telling banks what to do. OK, great, "doing the same thing over again and expecting different results" = insanity. Banking-Law Debate Is Revived in Senate By STEPHEN LABATON Published: May 5, 1999 "We will oppose any effort to weaken...
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    And the stock market keeps rallying...

    How about Cap & Trade, and National Health Care may go down in flames. Together, they would have cost the U.S economy millions of jobs, and massive tax increases. If they are gone, it is good for stocks. See the coal stocks lately? Shezamm. Remember, Obama swore to bankrupt them.
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    Ron Paul says healthcare not a right

    Of course Health Care is not a right. If Health Care was a right, so is a Cadillac Escallade. You can find them both in the Yellow Pages, and they both cost a lot of money. Hey, I need a Caddy Escallade, and you have to pay for it.
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    Summers said the rebuilt U.S. economy must be more export-oriented

    Oh, please, this is all photo op stuff. That's all National Parks Service real-estate. Nobody starts their first veggie garden at the White House. Look at those gloves. First time. I have a whole box of leather gloves. Most have holes/missing fingers. The photo insults our intelligence.
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    Fast food places now getting applications from people with bachelors degrees

    Kids spending huge on college is nuts. That's why they want taxpayers to start paying for college. Obama said so. Anyway, I have a masonry chimney and front stoop that need to be repaired. The stone mason said that he charges $120/hour (for him and his two sons, maybe 22 and 25 years of age)...
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    Larry Summers cites Google search as progress

    This guy must be scared to say something so stupid. Or maybe he is just plain really stupid.
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    Complex H&S Playing Out on the S&P (SPX/SPY/ES..etc))

    This is an interesting thread. This H&S pattern is in and out of the news, CNBC has people talking about it. It's famous. So whatever the outcome, the maximum number of people are sure to be faked out of their jockstraps ( respects offered to poster Jumpshot :D ). The market has moved above...
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    Summers said the rebuilt U.S. economy must be more export-oriented

    Of course those with nothing to say can usually be counted on to prove it. Every administration is responsible for maintaining some economic stability. The 2001 recession, excerbated by the Trade Center terrorist bombing, pales in comparison the the state of the economy right now. The...
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    Summers said the rebuilt U.S. economy must be more export-oriented

    Yes, you would think so, but it isn't happening is any volume. My last "daytime" job, I was a project manager at the secure internet portal for a multi-national bank. 200 employees there. Less than 20 were U.S citizens. Huge number of h1Bs - china, India, Taiwan. Java Developers, UNIX...
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    Summers said the rebuilt U.S. economy must be more export-oriented

    Just want to add a component to this, in real dollars. I know a small furniture mfg nearby. They used to have 20 workers in the factory, now have about 2 (due to overseas competition). One of their fixed overhead items is disposal of "finishing room rags". This means rags with lacquer...
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    Summers said the rebuilt U.S. economy must be more export-oriented

    Fine, and I'm sure that Summers truly hopes that the economy turn up, and exports boom. Problem is, Summers is not supposed to be in the "hope" business. He is supposed to be in the "economic plan" business. Just doesn't look like he has a workable economic plan right now.
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    Summers said the rebuilt U.S. economy must be more export-oriented

    Of course this is completely true. And most of the ones who move manufacturing to places like China may survive, and the ones which don't move to China, keep mfg in the U.S. will fail. I know for a fact this is happening to the furniture mfg industry right now in the U.S. So, what are <b>you...
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    Summers said the rebuilt U.S. economy must be more export-oriented

    OK, now I see what he is talking about. Different spin on the plan a few months ago to tax all U.S. based corps on foreign earnings. These idiot politicians (with advanced degress in econ) although they have never run a company, forever think they can find a "silver bullet", tweak the tax...
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    General Electric earnings call and nationalization

    Immelt seems like a nice guy, but obviously in way over his head. Some might think his close ties with Gummint will help. But "he who sups with the devil better have a long spoon" Be much better if they get another CEO, then decide a focus for the company, sell off the rest. Too many moving...
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    Summers said the rebuilt U.S. economy must be more export-oriented

    All this talk of exchange rates adjusting has no relevance to what Larry Summers said - OK, what is it that the Obama folks will find to export in greater numbers? E.G. The widget puzzle. 1) Who is gonna design the good new widgets? 2) Who is gonna make them? 3) And who is gonna get the...
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