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I think a reduction in world and US population over time would be a good thing. The whole world is already overpopulated. Anyone who was here in the 1960s when the US population was 200 million vs today's 320 million is acutely aware of the crowding and negative consequences of the added 120 million. Current economics ...more
The stock market is like the old Jason character from the Friday the 13th movies. Just when the free market puts it in its place and it drops to a realistic value, its greedy rotten putrid decomposing (government supported) hand comes flailing out of the slimy green water and grabs another handful of easy free cash fro...more
When a person spends his time, his life, doing work in the service of another person, that work should be honored and respected, no matter the skill level or pay level. Unfortunately this is not the case for the most part in the USA and much of the world.
It's not desperate. it's smart. Lower prices means more sales. It's called competition! And there's too little of it in the corporate world today. Do oil companies compete? ***l no! Do health insurance companies compete? **ll no! That's why prices are too high.
It IS the case with commodities. Oil companies made an adequate profit when gas was $1 not long ago: same with corn, wheat, sugar... Prices are being pumped up by the feds money printing. Prices have little to do with the cost of production for most things. Do you really believe oil costs $90 to produce? No way!
Prices of everything must drop to boost the economy. The fed's asset and commodity price pumping is counterproductive to this. High house, oil, and stock prices precipitated the last crash. Here is a little jingle to illustrate the fed's folly. "Few will buy when prices are high." Or "Let prices drop because bernanke's...more
The only way to put some minutia of competition back into the energy markets is to break up the big oil companies into at least 50 smaller companies each. Then take oil off the comodities market where it is totally manipulated, and only allow people buy oil that have an actual use for it, ie a refinery. Stop the thieve...more
The business pundits like to compare the federal deficit to GDP by using the “deficit to GDP ratio.” Right now the deficit totals about $15 trillion and the GDP is about $14 trillion. So they say the deficit is about 100% plus of GDP. But that makes it sound much better than it is. As if in just one year of GDP they co...more
4/30/2013
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