4 Dividend Stocks to Hedge Against Social Security Failure [View article]
This is one major point that right-wing nuts seem to forget. As if the U.S. economic mess began with Obama. This stew has been brewing since the '70s. Both parties are to blame and so are citizens who vote in politicians that do NOT have their interests at heart despite evidence to the contrary.
Where's the leadership & balls necessary to reduce military spending and divert money into useful, long-term growth programs that will generate well-paying jobs? It's hard to find while our gov't leaders are bought & sold by corporate interests. Nobody seems to know how to fix this skewing of power.
On Aug 25 02:54 PM merlynp wrote:
> It was LBJ who dissolved the SS Trust Fund. It was at a time when > all agreed there was so much money in the fund, no one would ever > be able to spend it; so, it was used to pay for the Vietnam War, > The Great Society, and the Moon Shot. One success out of three is > not bad… in baseball. > > Later, when we hit a deficit that was greater than all the gold reserves > (evidently the SS Trust Fund was not large enough to pay for Vietnam, > The GS, and the Moon Landing), Richard Nixon took us off of the Gold > Standard, allowing our currency to float against all others, so that > we would be able to expand the money supply. > > Both parties have treasonously mismanaged our country. During my > lifetime, we have constantly ridiculed dictators, socialists, and > communists; yet, we are altogether as corrupt as they. > > We have only had crisis management. There has never been an interest, > or ability, to manage for the long term, for our grandchildren’s > future. Ours is NOT a democracy; it is a Plutocracy! > > For instance, during the last “gas crisis” of 1973, had we begun > to use (seekingalpha.com/symbo...) Compressed Natural Gas > as a truck fuel, we would not have gotten into our current dependency > on foreign oil. Our environment would have been cleaner, our costs > less, and the fuel would have come from the US. This is 1950s technology > that works very, very well. Why don’t we use it? > > We have had decades, over many administrations, to correct the SS > fund. Nothing has been attempted! The United States is, in fact, > bankrupt!
Could Movies, Books and Music Be Amazon's Achilles Heel? [View article]
I agree with Joyful Alternative. You never own the book. The technology becomes obsolete. It's too expensive. You can buy a lot of used books for less than the e-version and without buying the Kindle and still resell it when you're done, if you want to.
If I lose or damage a book, so what? I can get another one, cheaply. I think books will be around for a long time. When they come out with affordable, flexible, color OLED's with sound and WiFi, then you might see significant changes in reading habits.
Both Tech Titans and Media Giants Are Doomed [View article]
The growth of Internet-based commerce and making stuff available for "free" on the Web, doesn't bode well for creating companies that need lots of employees. The stimulus bill, at best, will take lots of time to create new-economy jobs. Nope, not reassuring at all.
Judge Posner's Dangerous Thinking on Links and the Future of News [View article]
You're Kidding: Libraries exist because of 2 factors, that come to mind: 1) they're supported by tax money & 2) the content creators, that provide the "media" that the libraries make available to the public, make money by selling through traditional sales outlets. So, in your view, all content creators will gladly spend their time, for free, creating the media of the future? If the entire world becomes "open source", who will pay our housing, food, health, etc. bills?
Jeff-yeah, you're doom and gloom but you're correct "every time a dealer and an agent goes out of business, newspapers lose more business". Let's not even mention the loss of classifieds. Right now, the only "big client" ads we're seeing are cell-phone companies. After that, it's Amish heaters and gutter cleaning contractors. Sad.
It'll be interesting to see how "content creators" manage to earn a living in the digital age. People are getting used to downloading anything that can be digitized for free or low cost. Does this business model seem sustainable to anyone?
Buffett: I Wouldn't Buy Newspapers 'At Any Price' [View article]
I think there's still a market for newsprint, alongside electronic "news". Bottom line: create compelling content and the readers will come. Problem is: newspaper companies are not populated with visionaries ready to take real, creative chances to wow over the customer. They think they're trying something new but, to be honest, they still employ old-school thinking. By cutting and cutting more, they've decimated the content.
If He Asks: My Testimony to Sen. Kerry on Failing Newspapers [View article]
When the only thing that matters is next quarter's profit, no company is going to last in the long term. All that aside, the Internet has created an environment which actually destroys many businesses and jobs. Sure, there are lots of opportunities to profit on the Web, but the industrial/corporate infrastructure that has provided jobs, in the past, is falling apart because so many services can be had, for free, off of the Web.
The thing to remember about newspapers, is that, obviously, they are NOT connected to the Internet. It's still nice to have a digest of the news & entertainment, in your lap, while you're not connected to a "device". Lots of people might still value that, imho.
Press One for News(paper) Emergency [View article]
Aside from the fact that youngsters don't want to read the "paper", the newspapers have done themselves a disservice by decimating the quality content that kept us "older folks" reading the paper: a lifelong habit. They also made a big mistake by putting their content online for free. Most of the news online seems to come from "papers".
Press One for News(paper) Emergency [View article]
Aside from the fact that youngsters don't want to read the "paper", the newspapers have done themselves a disservice by decimating the quality content that kept us "older folks" reading the paper: a lifelong habit. They also made a big mistake by putting their content online for free. Most of the news online seems to come from "papers".
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Latest | Highest rated4 Dividend Stocks to Hedge Against Social Security Failure [View article]
Where's the leadership & balls necessary to reduce military spending and divert money into useful, long-term growth programs that will generate well-paying jobs? It's hard to find while our gov't leaders are bought & sold by corporate interests. Nobody seems to know how to fix this skewing of power.
On Aug 25 02:54 PM merlynp wrote:
> It was LBJ who dissolved the SS Trust Fund. It was at a time when
> all agreed there was so much money in the fund, no one would ever
> be able to spend it; so, it was used to pay for the Vietnam War,
> The Great Society, and the Moon Shot. One success out of three is
> not bad… in baseball.
>
> Later, when we hit a deficit that was greater than all the gold reserves
> (evidently the SS Trust Fund was not large enough to pay for Vietnam,
> The GS, and the Moon Landing), Richard Nixon took us off of the Gold
> Standard, allowing our currency to float against all others, so that
> we would be able to expand the money supply.
>
> Both parties have treasonously mismanaged our country. During my
> lifetime, we have constantly ridiculed dictators, socialists, and
> communists; yet, we are altogether as corrupt as they.
>
> We have only had crisis management. There has never been an interest,
> or ability, to manage for the long term, for our grandchildren’s
> future. Ours is NOT a democracy; it is a Plutocracy!
>
> For instance, during the last “gas crisis” of 1973, had we begun
> to use (seekingalpha.com/symbo...) Compressed Natural Gas
> as a truck fuel, we would not have gotten into our current dependency
> on foreign oil. Our environment would have been cleaner, our costs
> less, and the fuel would have come from the US. This is 1950s technology
> that works very, very well. Why don’t we use it?
>
> We have had decades, over many administrations, to correct the SS
> fund. Nothing has been attempted! The United States is, in fact,
> bankrupt!
Could Movies, Books and Music Be Amazon's Achilles Heel? [View article]
If I lose or damage a book, so what? I can get another one, cheaply. I think books will be around for a long time. When they come out with affordable, flexible, color OLED's with sound and WiFi, then you might see significant changes in reading habits.
Both Tech Titans and Media Giants Are Doomed [View article]
Judge Posner's Dangerous Thinking on Links and the Future of News [View article]
A Newspaper Publisher Lies [View article]
News Corp.'s MySpace Is in Real Trouble if Page View Declines Don't Reverse [View article]
Here We Go Again. No, Micropayments Won't Save Journalism [View article]
Will Newsweek's Reinvention Succeed? [View article]
How Kindle Will Kill the Book Star [View article]
Buffett: I Wouldn't Buy Newspapers 'At Any Price' [View article]
If He Asks: My Testimony to Sen. Kerry on Failing Newspapers [View article]
Newspapers Can't Compete with 'Us' [View article]
Press One for News(paper) Emergency [View article]
Press One for News(paper) Emergency [View article]
Cloud Computing Will Transform Business [View article]