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People were so willing to invest and take a chance in the stock...until it started going down. When making an investment, do your research first. They could've offered the stock at $100 and there probably still would've been idiots out there who would've bought and then complained when the price dropped. When you in...more
Tax is always going to be a widely debated topic -- no one likes "giving" their money away. The thing many do not realize is that the IRS will never be eliminated, maybe reformed, but not eliminated. Even with a flat tax/fair tax system, we still have to have the IRS around to make sure everyone is paying their share...more
BLUECARS2, aside from incorrect grammar, run on sentences, and misuse of words in your response there are so many economic issue and tax issues that seem to just go way over your head in what you are suggesting. I am a Ron Paul supporter myself and find him to be a brilliant man, but nowhere does he insist that everyo...more
This article is somewhat factual with regard that these "tax breaks" help the rich get richer. Ultimately, it comes down to whether you can itemize your deductions or not. People who can itemize begin to realize tax benefits to a greater extent than those who exercise the standard deduction. Generally speaking, the ...more
I smell something fishy with this company. They use their own accounting terminology to show "more realistic numbers", using a term called Adjusted Consolidated Segment Operating Income. ACSOI reports the company's operating income minus several major expenses: marketing and acquisitions. The company spent $263.2 milli...more
"Just Enter" - most of all of the wall street companies that received government money have paid it back, with interest. If you do some research on the Federal Reserve shrinking the M1 money supply (actual cash, short-term CD's) to virtually nothing and creating an environment where corporations could not turn M3 mon...more
Gingersnap, if we tax China on imports than you can definitely expect operations to be moved elsewhere. Mexico is looking more and more attractive especially with rising shipping costs and a NAFTA agreement that does not tax importations from Mexico. There will always be a cheaper alternative than the US for manufac...more
Just my personal opinion: I think the market will move up in the next week based on purely hype. I hate to place a percent on the "jump" and I don't know how one really could. Throwing numbers out there like 15% is just wrong and ridiculous. I think after about a week or so the markets are going to take a sharp tur...more