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The Social Security Abuse along with the head buried in the sand mentality are starting to surface.
They estimate that in the year 2031 they will have a 800 billion dollar deficit. That figure is most likely light, in 2031 it most likely will be over a trillion short.
Options include more SS/tax via: raise...more
The correction was due the market for the past month or so has had no legs with one worry after another effecting it. The average investor has mixed feelings and a lowered confidence with the economy. I would look out for continued bad news dragging the market down, than a buying opportunity will present itself.
...more
Alternative energy for me this spring, summer and fall is riding my bicycle (anywhere possible) just like I did when I was a kid.
That way $3,$ 4 or $ 5 dollar gas per gallon, for the most part can stick it!
The big too do about 100.00 oil. Our government welcomes 100.00 oil and the political drama that comes with high oil prices. Since the 1970's all we hear is we promise , we promise, we promise an energy policy- that will entail alternatives and were does it get us. Back on big oil, I believe.....we will be getting ...more
Foreign oil dependencany is killing our economy. Lets use domestic energy sources
(Nat -Gas,Coal, Wind,,, ETC....) and put a stop to the wild price swings in oil. That way we and our economy (mostly energy prices which effect most econmic activity in some form) are not at the mercy of foreign uprises. Lets put US ...more
Maybe-Just maybe stocks and their averages have ground a little too high for a short period. The Fed is determined to keep the cheap money policy afloat. Stocks may be due for a short set back but will soon be off and running higher again.
My thoughts are: Try to stick with large cap dividend payers., Hold the...more
Gold, Silver may be in a slight correction mode. Gold may march ahead but is heading south for the time being.
I say get back in on the pull back about $1000 per ounce.
Great news Social Security tax reduced for workers from 6.2% to 4.2 %.
Maybe that is not such a good idea.
The problem is we still have to pay the Social Security tab down the road. The system is unstable and by taking away some of its funding we will have to print and pay later. That seems to be the way o...more
I'm locking in some profits on silver ingots I have purchased years ago @ $4-$5 per ounce. If it goes and stays over $30.00 , I will................ ......Sell ...Sell... Sell more and more.. DO not wait 50.00 you will get burned.
12/6/2010
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