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To: havasu46
Are you really that uninformed about how cell phone sales work? Many are "free" to the consumer because they are paid for by the carrier because the carrier knows they will get their money over the term of the contract. Apple gets paid no matter what the consumer pays.
Wow, finally an article that tells it like it is. Being a long time poker player and stock market investor I spotted the similarities very quickly. In investing just like in poker when you are on a hot streak you start to believe that it is because of your "skill", but then the cold streak inexorably hits you and you w...more
For the next 5 years or so I don't think there will ever be a time when there will be a pattern that lasts longer than a few weeks. We can look forward to a lot of ups and downs for a while.
So you work your whole life, pay taxes on every dime you make. You are a smart person who saves and invests money instead of blowing it on useless stuff you don't need, and by the way pay taxes again on the money you make from investing your earnings... then you die and that money that has already been taxed in full IS...more
Everybody seems to be ignoring the root of the problem, the plans I have seen still shows Greece operating with a deficit even after the bailout. No country can continue to borrow money every year to simply pay for a budget shortfall, including the US. Whats happening in Greece now will be happening in almost all count...more
This line describes the biggest problem with the stock market:
"Third, "buybacks" are largely a fiction: While the company spends stockholders' money buying in stock, the compensation committee quietly hands out new stock to executives."
The shareholders are supposed to be the owners and in control but that...more
Europes not the only one in debt denial, the US and most countries of the world are all on the same road. No plans to ever get rid of the deficits, only reduce the deficits. How long would you loan money to somebody who uses it for nothing else than to cover their extravagent spending? Would a bank give you a loan year...more
These cases should be thrown out as soon as they land on a judges desk. Oh thats right the attorneys wouldn't make any money then... can't have that. Our system is so screwed.
By 2050 the population will be so high that we will be fighting over basic resources like food, water and energy. The planet will have even greater effects of global warming, there will be twice as many people polluting the same as we do in the US. China's air will be toxic. That is if we even make it to the year 2050 ...more
2/25/2011
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