Tao

Total Rating:
+3 / -3

31 Comments

    • Tue Nov 11th 09:22 AM | Rating: 0 0
      Commented on:
      Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?



      On Nov 11 09:14 AM Tao wrote:

      > Workers have to earn enough to pay their standard expenses and they
      > should also earn enough so they can afford to do something they enjoy,
      > like going to the movies or dining out or a once a year cruise. They
      > also need to take care of their retirement.
      >
      > Common sense says you can't pay workers low wages and expect them
      > to pay high health care insurance costs and high gas costs for their
      > cars and homes, not to mention the high costs of housing and food
      > and other numerous expenses.
      >
      > Our teachers are doing as good a job as they can, considering they
      > are teaching to the NCLB testing.
      >
      > Capitalism works when we all buy from each other. When many of the
      > groups have no money to spend that creates problems.
      >
      > Universal Health care would work. We already have Medicare, Medicaid,
      > VA health care, Schip and other children's insurance. We even pay
      > for the cadilac insurance of the elected government. Health workers
      > and Physicians could still make excellent money, but there is no
      > need of paying the insurance companies their 20% profit.
      >
      > The CEOs need to be cut back to 10 times what the average worker
      > earns.
      >
      > The stock market takes their cut of the profits by dividends. A few
      > years ago, our broker said he was putting all his retirement money
      > in Ford because they paid high dividends. I hope he isn't retiring
      > any time soon.
      >
      > In other countries the workers can take less pay because they have
      > free health care and other benefits that we have to pay for.
      >
      > It may be that price roll backs in housing, gas, electricity, cut CEO pay, universal health care, etc. would make it possible to work for less.
      > Our necessities should be heavily regulated, especially gas, electricity
      > and health insurance and health care.
      View article »
    • Tue Nov 11th 09:19 AM | Rating: +1 -1
      Commented on:
      Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
      The biggest problem is trying to keep the status quo. Let the companies fail and give the money to those who are hurt by the failure, like those who have insurance with AIG.

      American workers would be happy to work for lower wages, if they paid for reduced costs of health insurance, health care, housing, gas and electricity, ect.

      Keep in mind the buying power of the dollar has fallen to at least half of what it was when Bush took office. So $65,000 is really more like $32,000 in buying power.
      View article »
    • Tue Nov 11th 09:14 AM | Rating: +2 -2
      Commented on:
      Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
      Workers have to earn enough to pay their standard expenses and they should also earn enough so they can afford to do something they enjoy, like going to the movies or dining out or a once a year cruise. They also need to take care of their retirement.

      Common sense says you can't pay workers low wages and expect them to pay high health care insurance costs and high gas costs for their cars and homes, not to mention the high costs of housing and food and other numerous expenses.

      Our teachers are doing as good a job as they can, considering they are teaching to the NCLB testing.

      Capitalism works when we all buy from each other. When many of the groups have no money to spend that creates problems.

      Universal Health care would work. We already have Medicare, Medicaid, VA health care, Schip and other children's insurance. We even pay for the cadilac insurance of the elected government. Health workers and Physicians could still make excellent money, but there is no need of paying the insurance companies their 20% profit.

      The CEOs need to be cut back to 10 times what the average worker earns.

      The stock market takes their cut of the profits by dividends. A few years ago, our broker said he was putting all his retirement money in Ford because they paid high dividends. I hope he isn't retiring any time soon.

      In other countries the workers can take less pay because they have free health care and other benefits that we have to pay for.

      It may be that price roll backs, cut CEO pay, universal health care. Our necessities should be heavily regulated, especially gas, electricity and health insurance and health care.
      View article »
    • Fri Oct 24th 09:50 AM | Rating: 0 0
      Commented on:
      Does Keynesian Spending Force Savers to Spend As Well?
      A stimulus would be a lot of help to many in the middle class and to the poor.

      If the government can bail out banks and brokerages and no telling what else, then a stimulus check to the rest of us should not even be questioned.
      View article »
    • Fri Aug 22nd 10:48 AM | Rating: 0 0
      Commented on:
      Merck’s Gardasil: A Risky and Unnecessary Vaccine
      I like to wait a year or two before taking new medicine or new shots.

      That saves me a lot of stress.
      View article »
    • Fri Aug 22nd 10:47 AM | Rating: 0 0
      Commented on:
      Merck’s Gardasil: A Risky and Unnecessary Vaccine
      I like to wait a year or two before taking a shot or medicine that is new.

      It saves a lot of distress and worry.
      View article »
    • Sat Jul 12th 09:39 AM | Rating: 0 0
      Commented on:
      The Dollar's Decline: Taking Responsibility for the Future
      The writer, Menzie Chinn, is just whining.

      Phil Grahm, McCain's economic advisor, thinks we are all whiners. Don't you know everything is doing great?
      View article »
    • Wed Jul 9th 13:45 PM | Rating: 0 0
      Commented on:
      Big Lots, Wal-Mart and Costco: 3 Musketeers of the Pooring of America
      Wal-mart doesn't buy near as much from China, now. They buy from Asia.

      Everything is going up that the retailer has to sell. Wal-Mart just doesn't try to make a fortune off of each person that walks through the door. They have every day lower prices.
      View article »
    • Mon Jul 7th 10:36 AM | Rating: 0 0
      Commented on:
      The After Hours Oil Scam
      Can't that happen with any stock?
      View article »
    • Tue Jul 1st 12:01 PM | Rating: 0 0
      Commented on:
      Long Term Investors, Remain Defensive
      Investors can be compared to an old dog that has been around a lot of mean kids. Been kicked and punched so many times that the dog just lays there waiting for the next blow.
      View article »
    • Tue Jun 24th 16:33 PM | Rating: 0 0
      Commented on:
      Is the Great Moderation in Danger?
      Life is what you focus on.

      There should be more control on 'necessities' such as oil. When prices get out of control, it can hurt society. It isn't just the price of oil, it is the price goes up for airline tickets because they use more expensive fuel. The price goes up for almost everything, in fact. Our forefathers knew this and regulated 'necessities, such as utilities. They were smarter than the 'greed is good' crowd.

      Sure, solar will become more popular, but it should have been anyway along with windmills.
      View article »
    • Mon Jun 2nd 15:53 PM | Rating: 0 0
      Commented on:
      Cleantech "Power 10" Ranking (Vol. I)
      I meant to say that several families together could afford to purchase wind and solar to create electricity for their area, where most single families can't. It is too expensive for one family or even two in the middle class, so it may be than will form groups.
      View article »
    • Mon Jun 2nd 15:45 PM | Rating: 0 0
      Commented on:
      Cleantech "Power 10" Ranking (Vol. I)
      What could happen is each neighborhood could purchase their own system of what ever works in their area. If they pooled their money and bought wind or solar that was converted to electricity that was carried to each home in that area, it would be green, plus shouldn't cost as much in the long term. We need an alternative in case our oil supply is shut off.

      Neighborhoods or several blocks of people could afford it wind or solar, where both solar and wind are to expensive for many to purchase for a single home.
      View article »
    • Fri May 2nd 11:02 AM | Rating: 0 0
      Commented on:
      Payroll Numbers Beat Expectations, But Trend May Be Temporary
      I wonder if they count those who are private contractors. For instance, my son in law was laid off last week. He 'owned his own business as far as a truck and a few tools, but he worked daily for the same company. He paid his own Social Security and Medicare.

      Another company bought the company he worked for and hasn't hired any of those who worked for the purchased company

      A private contractor can't draw unemployment benefits, so there is really not a record of them being laid off that I know of.
      View article »
    • Fri Apr 25th 11:25 AM | Rating: 0 0
      Commented on:
      Silver ETF Starts Off the Year Strong: Can It Continue to Shine?
      Silver is needed for solar power, too, or at least that is what I have heard.

      I tried to hang onto my SLV. I had made money on it, then it started falling and wiped out my profits. I was still determined to hang on, then it started eating up the invested money.

      I knew when I sold, it would come back, but I couldn't take the chance with retirement money.

      That is another reason the rich get richer and the rest of us don't. If I had been rich, I would have let SLV ride until it went up. Losing money in the market can change my lifestyle, so I jump out when I start losing, usually too soon. Every once in awhile, I hang on, but finally sell and then it goes up 2 days later.

      I am really sick of this market.
      View article »
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