Keep in mind that figure is average.  Think of how many people have nothing and how much the others who most of it really have in order to get an average.  If many as yourself have nothing or very little just how much is owned by those who have?  Lots.

And the Republicans offer to put your future social security money in the stock market?  Brilliant!! Any other thoughts from the Obama haters.  If you could read American History, Social Security, Medicare, Medicaid and other programs including employer retirement plans and unions never would have come about if it were...more

I can see it in my crystal ball.  Someone goes to Wal-Mart buys $2.00 worth of toothpaste and is asked to deliver a $400. big screen to an on line customer.  That is the last time anyone will see that big screen as it walks out the door and never to the intended receiver.  There are so many people out there that would ...more

Advertisers have been brain washing consumers since the day television was hatched.  However, most adults can differentiate truth from fiction, bull Sh*t from grits.  Young children  and young adults don't have the experience to draw conclusions from ads or to make the wisest of choices.  True that parents need to keep...more

This is obviously a higher management decision. Remember this outfit was against upping minimum wage, refusing to provide health benefits etc. to its lowest paid  employees.  So, what do they do?  They get rid of them and come up with this lame brain scheme. Now I must admit I haven't eaten at Red Lobster for over 30 y...more

There was a time if you had any descent savings you could have expected to gate a rate of return from a bank, where your money was safe of about 4 to 4/12%.  Thanks to Government deregulations (and you can thank those politicians who believe there is too much regulation in our country) banks can now offer zero percent ...more

To answer your questions, small banks fail because they just don't loan money to unworthy clients.  So big banks do, without concern if they can pay back because they just write off bad loans.  Small banks can only write off so much before their bottom line tanks.  Secondly small banks don't get bailed out by the Feder...more

Finally the history of the Bank of America is revealed.  I never noted in their web site that they ever mentioned their beginnings as the Bank of Italy out of San Francisco, although i had read about it in Joe Di Maggio's biography.  Mr. Giannini lent money to mostly Italian immigrants who were fishermen who could not ...more

A guy who sang tan shoes and pink shoelaces should just fade away. l bet his financial adviser has probably told him that he'd be worth much more if Obama wasn't in office because the stock market would have been much higher.  These old farts should be called spin doctors.