Tuesday open thread
Express a mean opinion of yourself occasionally; it will show your friends that you know how to tell the truth.
What’s on your mind today?
Golfers: What are your favorite holes in the area? See if our Timesland Dream 18 is up to par and nominate your favorite.
Express a mean opinion of yourself occasionally; it will show your friends that you know how to tell the truth.
What’s on your mind today?
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Love the quote, and I often do so. I am well known for telling people I am “meaner than a striped snake” (a phrase I have heard since childhood). Oddly enough though, someone meaner always comes along.
I agree with Robert Creamer, the real question for America is: “Will the 1% of Americans who had the party that caused the deficit be asked to pay the bill“? It does sound simplistic but the bottom line is that teachers, firefighters, police officers, clerical workers, construction workers, bus drivers, low wage workers, and virtually all of the rest of us, did not create nor gain from the financial shenanigans of the last decade. Why should we then be asked to “bail them out” of their folly? “Wall Street gamblers who don’t make anything of value should no longer be allowed to pay a smaller share of their income in taxes than” many of the workers and true job creators, risk takers and broad shouldered Americans actually making this nation work.
http://www.huffingtonpost.com/robert-creamer/budget-battle_b_2189553.html
Hold Strong President Obama.
When in doubt, look where people who should really know what they are doing are buying for their investments or talking about for the future. Seems like a good rule of thumb for anyone. It is especially interesting if you look at this information in the face of the current “fiscal cliff” with its “jagged rocks” and serious pitfalls for all Americans…Whoa, scary stuff!
Turns out…not so much. “Global demand for U.S. securities is still strong,”
http://buzz.money.cnn.com/2012/09/18/china-us-debt-tic/
http://www.bondbuyer.com/issues/121_187/foreign-investments-in-united-states-municipal-bonds-has-exploded-in-years-1044376-1.html
And this sets the stage: “Q1-2010 marked the first time in history that corporate profits exceeded business fixed investment. Unlike prior cycles where an increase in corporate profits led to faster investment growth as cash was reinvested in plant and equipment, business investment has increased very modestly since 2009 even as corporate profits have nearly doubled as a percentage of GDP. Were businesses simply to reinvest cash flow at historic rates, fixed investment would add nearly 4% to GDP ($695 billion) by the end of 2016 and more than offset the fiscal drag from reduced disposable personal income.
…While removal of uncertainty should not impact the spending decisions of liquidity-constrained households (i.e. those households for whom desired spending exceeds disposable income), greater clarity could induce higher-income households to spend more of their disposable income and shift more of their wealth out of cash and government bonds and into productive assets (stocks,corporate bonds, etc.). If tax increases come through tax reform that reduces economic distortions introduced by the current tax code and lowers marginal rates, the positive economic impact could be even greater”
http://www.scribd.com/fullscreen/115301244?access_key=key-mcke6qi8vizyerfvypb
http://finance.fortune.cnn.com/2012/12/03/fiscal-cliff-stimulus/?iid=SF_TS_Lead
Why do Republican hate disabled people?
http://blogs.voanews.com/breaking-news/2012/12/04/us-senate-rejects-un-disabilities-treaty/
Opposition Republicans in the U.S. Senate have blocked passage of a United Nations treaty protecting people with disabilities from discrimination.
Most lawmakers voted in favor of the Convention on the Rights of Persons with Disabilities Tuesday. But a two-thirds’ majority was required for passage, and the final was five votes short .
The treaty failed despite a personal appeal by former Republican senator Robert Dole, who lost the use of his right arm when he was severely wounded in World War II.
More…