Ozmorphus:  Please see my note right above yours for a tip for young investors.

Ozmorphus:  Here is a tip.  During the 18 years of the great bull market of the '80's - '90's, Franklin Resources (BEN), the money management firm, turned a $1,000 investment, dividends reinvested into $1,000,000.  Yes, really.  Actually it was a bit more.   Read Jeff Saut's April 22nd letter at Raymond James Finan...more

Every time a person buys a lottery ticket, he is helping support his state's education program or another needed cause.   Indeed,  all welfare monies find their way back into local economies within 30 days or less.  Welfare is one of the great engines of 'velocity of money' in America,' which is so sorely needed in o...more

After 30 years of workforce pauperization and unaffordable housing, largely due to GOP policies, there is no money, anywhere (except with the 1%).  Republicans, as wonderful as they really are, have always struck me as being sociologically illiterate.  Republican policies (destruction of unions, housing bubbles, low...more

Yea, less unwanted pregnancies - perhaps.  While working as a Medicaid interviewer, years ago, I was struck by the number of young girls coming in with unwanted pregnancies - a large number of whom worked at fast food businesses.   If they had been insured, Medicaid taxpayer monies would not have been needed.   ...more

Having worked in Social Services for 40 years, I know that fraud is quite rare.  Recipients must comply with literally thousands of regulations.   Employees are rigorously monitored.  Consider U.S. Banking and large corporations where fraud and evading regulations is an art form.

A tip for the poor:   $1,000 invested in Franklin Resources (Ben), with dividends reinvested, became $1,000,000 during the 18 year period of the '80's - '90's bull market.  Actually, a bit more than one million  Five - ten - twenty shares in a ROTH Ira, held come 'H or Highwater' and with dividends reinvested, may pr...more

Years ago, my father said the same thing as he helped deliver flowers during Valentine's Day and Easter Holidays for my florist uncle in Brooklyn.  (1950's.)

Multitudes of American families are so pauperized that they need the pension and S.S. incomes of their parents to maintain their lives.