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  • "There are two enormous problems with the story that manufacturing is returning to the U.S.," writes Felix Salmon. "(A) It’s not creating many jobs, and (b) the jobs it is creating are not the good jobs which people want to have for many years. Instead, they pay $15ish per hour, which is what teenage babysitters make in New York." [View news story]
    GOP - greedy old people ;)
    Dec 2, 2012. 08:22 PM | 3 Likes Like |Link to Comment
  • "There are two enormous problems with the story that manufacturing is returning to the U.S.," writes Felix Salmon. "(A) It’s not creating many jobs, and (b) the jobs it is creating are not the good jobs which people want to have for many years. Instead, they pay $15ish per hour, which is what teenage babysitters make in New York." [View news story]
    Nope your reading comprehension is pretty lacking - she would like to find health insurance that will allow her to keep her home and income, yet cover the delivery of the baby. The father is not high income fellow either, but will be there for the baby, as much as he can.

    So to sum it up, we can subsidize Walmart, the "biggest welfare pig in the US" as someone else called it, but for a working US citizen, trying to get some help - OMG - atrocious!!!
    Dec 2, 2012. 03:31 PM | 1 Like Like |Link to Comment
  • "There are two enormous problems with the story that manufacturing is returning to the U.S.," writes Felix Salmon. "(A) It’s not creating many jobs, and (b) the jobs it is creating are not the good jobs which people want to have for many years. Instead, they pay $15ish per hour, which is what teenage babysitters make in New York." [View news story]
    Thanks Tony, I think they already checked it and she might not qualify due to resources etc. However, is there a good source of info on the option of purchasing Affordable health insurance, such as the Obamacare would offer? I'm sure they are already checking into this as well, but would be interesting to see what the folks here know.
    Dec 2, 2012. 01:24 PM | Likes Like |Link to Comment
  • "There are two enormous problems with the story that manufacturing is returning to the U.S.," writes Felix Salmon. "(A) It’s not creating many jobs, and (b) the jobs it is creating are not the good jobs which people want to have for many years. Instead, they pay $15ish per hour, which is what teenage babysitters make in New York." [View news story]
    This just reminded me of a friends dilemma. Her daughter is pregnant, she's 27 and not married. She's only known the father for a few months, he's a nice guy and would marry her but she isn't sure she wants to spend the rest of her life with him. Aside form the moral aspect - she has a college education but is working in retail, for $12.50 an hour, no health insurance. She owns her home, and a small rental condo, which is being lived in by a friend, for basically cost (HOA, taxes, insurance ...). So my friend helps her financially, as best she can. Does anyone have any idea how she could get into a health care plan at this point? Not sure how far along she is, but not very far. She wants to keep the baby, but it will be financial hardship. I'm not very informed on Medicaid etc. but have a feeling some here might know. Hope this isn't too OT, there is quite a readership here, you never know who might have info.
    Dec 2, 2012. 01:06 PM | Likes Like |Link to Comment
  • Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
    and it's exactly the processed food industry that is producing this obesity and metabolic syndrome disease outbreak (diabetes 2, high blood pressure, thyroid dysfunction etc.) in turn, the pharma industry makes a killing by treating all these obese people with a pill. Statin drugs good example, they are now putting children on these dangerous drugs, with many toxic side effects.

    read http://bit.ly/RCNK2H
    Dec 2, 2012. 11:37 AM | 2 Likes Like |Link to Comment
  • "There are two enormous problems with the story that manufacturing is returning to the U.S.," writes Felix Salmon. "(A) It’s not creating many jobs, and (b) the jobs it is creating are not the good jobs which people want to have for many years. Instead, they pay $15ish per hour, which is what teenage babysitters make in New York." [View news story]
    where is the report abuse button???
    Dec 2, 2012. 11:31 AM | 1 Like Like |Link to Comment
  • Apple (AAPL) roundup: 1) The USPTO has granted Apple 29 new patents. Among them are a patent related to touchscreen accuracy, and four design patents. 2) Interactive marketing chief Michael Zagorsek has left to join motion control tech developer Leap Motion. 3) An iTunes revamp expected to deliver layout, performance, and search improvements has been pushed out to November. 4) Canaccord's Mike Walkley forecasts Apple will sell 194M iPhones and 102M iPads in 2013. [View news story]

    For me the truth is: once you go Apple, you never go back! I own Macbook, iMac, iPhone, iPad, and thinking about the mini iPad ... maybe for xmas. ;) OH and I own a truck load of AAPL. From way back when .... :)))
    Oct 30, 2012. 10:16 PM | 1 Like Like |Link to Comment
  • "If Steve Jobs were still alive, would the new map application on the iPhone 5 be such an unmitigated disaster?" asks Joe Nocera. It's a question many others are also asking, given the huge backlash to iOS 6 Maps. But to Nocera, a potentially bigger concern is that Jobs' absence will limit the risk-taking that drove Apple's (AAPL) meteoric rise. Joshua Topolsky: "The iPhone 5 is unquestionably the best iPhone ever made ... but right now Apple seems to be in a holding pattern, too comfortable or too scared to take real chances." (also: I, II[View news story]
    http://bit.ly/Uu6FkI
    Sep 23, 2012. 01:50 PM | Likes Like |Link to Comment
  • James Kostohryz Positions For 2012: 100% Cash The Only Way To Play This Market [View article]
    Really?
    Feb 17, 2012. 10:44 AM | Likes Like |Link to Comment
  • When you look at the basic fundamentals, stocks are trading at their cheapest levels since 1990, observes Bespoke Investment Group. According to the firm’s 2012 outlook report, once investors realize it, the ensuing buying spree should push the S&P 500 by 11% to 1,400, or possibly even more, by the end of the year.  [View news story]
    How much do you make on those "high quality" 5% yielding stocks when the underlying asset goes down 25%?


    30%? haha, not so good at math. but the idea is to not worry about market ups and downs with good cash paying value stocks, right? because eventually, the good ones come back up, even if it takes one or two years. in the meantime, you have income. And obviously better yields. theoretically.
    Jan 24, 2012. 06:08 AM | Likes Like |Link to Comment
  • "Those jobs aren't coming back," said Steve Jobs to the President, who asked what it would take to bring Apple's production to the U.S. It's not just low wages, Chinese manufacturing infrastructure has grown to remarkable size and sophistication. Apple's contribution to U.S. employment will be through its stores, its empowerment of entrepreneurs, and jobs at cellular providers and shippers, but not the actual building of its products.  [View news story]
    oh I agree ... none of us are without our flaws. All I said is, I admire his generosity. And I stand by that statement. I'm not sure I would have given away the billions he has, and his children seem ok with it, and pretty down to earth, smart and humane, as well. Gotta admire that in someone who is super rich and not misusing the power that gives them. Money can corrupt quite easily, and when you find someone who withstands that, well .... I just admire it. OK?
    Jan 22, 2012. 05:27 PM | 1 Like Like |Link to Comment
  • Sears Is In A Classic Short Squeeze [View article]
    Wow - look at SHLD go up and up and up ..... : )))
    Jan 22, 2012. 05:01 PM | Likes Like |Link to Comment
  • "Those jobs aren't coming back," said Steve Jobs to the President, who asked what it would take to bring Apple's production to the U.S. It's not just low wages, Chinese manufacturing infrastructure has grown to remarkable size and sophistication. Apple's contribution to U.S. employment will be through its stores, its empowerment of entrepreneurs, and jobs at cellular providers and shippers, but not the actual building of its products.  [View news story]
    While I do love my mac, I have to agree with you. I admire Buffet and Gates much more for their generosity and giving to humanity. What I've read about Jobs is not flattering and I would not have wanted to be around him in person.
    Jan 22, 2012. 04:08 PM | Likes Like |Link to Comment
  • "Those jobs aren't coming back," said Steve Jobs to the President, who asked what it would take to bring Apple's production to the U.S. It's not just low wages, Chinese manufacturing infrastructure has grown to remarkable size and sophistication. Apple's contribution to U.S. employment will be through its stores, its empowerment of entrepreneurs, and jobs at cellular providers and shippers, but not the actual building of its products.  [View news story]
    And all education is paid for by the government in Germany, and has been for the past 50 years. College and trade schools, even transportation to and from. Health insurance is affordable and good. Health care less expensive than in the US. Not sure why the idea of a healthcare system is so despised in the US, that one I can not wrap my brain around ... calling it "socialized medicine" is such stupidity! Ok, I'm off topic, but my mind wanders to these topics.
    We have several German interns in the company at all times, I had to laugh last week, when one of them came to me at lunchtime, asking where the "Kantine" is ... the canteen ... so I directed him to the lunchroom, with the typical vending machines. I had a feeling he was looking for the standard German canteen, with the home cooked, Gourmet meals, very low cost, for the workers. I gave him some money, because he had none ... he came back and returned the money, looking very disappointed, and said "there were only chips and crackers" available, and he doesn't eat that. Ok, this is not here nor there, but I'm just thinking of the extreme contrasts of our country to others, that we look down on for being "socialized" when really, they are just taking care of their workers.

    How many US companies do that?
    Jan 22, 2012. 03:49 PM | 2 Likes Like |Link to Comment
  • "Those jobs aren't coming back," said Steve Jobs to the President, who asked what it would take to bring Apple's production to the U.S. It's not just low wages, Chinese manufacturing infrastructure has grown to remarkable size and sophistication. Apple's contribution to U.S. employment will be through its stores, its empowerment of entrepreneurs, and jobs at cellular providers and shippers, but not the actual building of its products.  [View news story]
    There is much truth to that fact. I work for a large German automotive parts mfg. Automakers are ramping up big time again and we are desperately looking for tool makers etc. We search entire US, and there are few that fit the bill. So we bring in expensive Germans, for 3 months at a time, just to be able to set up new parts etc. Irony is, Mexicans and Chinese are getting more skilled than Americans, when it comes to manufacturing jobs. And the corporate guys know only one thing: profit margin! so no, those jobs will not come back to the US for a long, long time.
    Jan 22, 2012. 01:38 PM | 1 Like Like |Link to Comment
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