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Welcome, thx1166

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Total number of posts:143
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Joined on 12/14/2006

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moneyNOWCOMMENT

Obama's student loan profit machine

Student Loan interest rates should be just enough to cover the costs of the program (including defaults).  We (We not the government) should not make profit off of college students. Students are the #1 investment of this country and we should treat them as such.
22 hours ago
moneyNOWCOMMENT

Capitalism might be making us evil

The true fact of the matter is that pure or extreme Capitalism. AKA what Libertarians want. Like any sort of economic system when the purest form is implemented bad things happen.  The US and all Western democracies arent pure capitalist and the challenge is getting the mix right.  I believe that right now the US model...more
1 day ago
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Entitlements' unimpeded growth is boon t...

Joel he didnt.  That talk was about debt ceiling and debt ceiling would stop everything.  The treasury would only be able to pay as cash comes in and determination of who/what gets paid as the money collected would be very very difficult decision.
5/10/2013
ArticleCommentsCOMMENT

Entitlements' unimpeded growth is boon t...

One thing that is tiring is the talk that the Government is stealing from the SS Trust Fund. That isnt the case. The SS Trust Fund invests the payroll taxes in US Treasuries rather than let the money sit and slowly lose value. Also so the General Fund doesnt sell the same US Treasuries to foreign governments. This way ...more
5/10/2013
ArticleCommentsCOMMENT

Entitlements' unimpeded growth is boon t...

Lot to like about it, but 3rd party isnt the problem. For 3rd party to win they would need to play the same game. It is the rules that need to be fixed. We need an amendment that says that Corporations are not people and money is not speech and that is just the start. We need real campaign finance reform and we need re...more
5/10/2013
ArticleCommentsCOMMENT

Entitlements' unimpeded growth is boon t...

In the 1980s this problem was forecast and adjustments were made and key to that adjustment was that ~90% of all compensation was to be subject to payroll taxes for social security.  The thing is that the plan did not take into account the drastic swing in income inequality that has resulted as the top couple percent g...more
5/10/2013
Top StocksCOMMENT

Jobs report could make or break stock ma...

April +165K March revised from +88K to +138K February revised from +268K to +332K
5/3/2013
Top StocksCOMMENT

Jobs report could make or break stock ma...

Report out April added 165K...Better than expected.
5/3/2013
moneyNOWCOMMENT

Big government under Obama? Not so much

waraksas, OK so you claim that ACA WILL be one...But it isnt yet and CBO says it is a net reduction in costs.  So again I will ask tell me ONE new program that has increased the spending that you all say President Obama has put in place that exploded the debt and deficit.  I challenge you.  Give us 1. Just 1. That is a...more
5/1/2013
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