PastTense

The Link Between Bankruptcies and Health Care Reform

While it is true the bills making there way through Congress do nothing to control costs and will result in national bankruptcy, the status quo will also have the same result. But at least millions of additional people will have access to health care in the meantime under those bills.

Likely Structure of Healthcare Reform Emerges

While providing coverage to people who aren't currently covered is very important, unfortunately this proposal will do virtually nothing about health care costs--resulting in healthcare bankrupting the country. Combined with peak oil, baby boomer retirement, the exodus of manufacturing out of the U.S., crony capitalism (banking bailouts, etc), global warming, massive fiscal deficits, a political class which believes in kicking the can down the road I see a very gloomy picture for this country.

12 Stocks in Focus for the Obama Era

"Basic materials. These stocks will benefit from all of the new construction initiatives that have been put forth. Caterpillar (CAT) and US Steel (X) could do well."

However private construction is bigger than public construction. And what does everyone expect in the way of new office buildings, for example ? A massive decline.


"Healthcare.. These companies have already agreed to price-cuts which could affect profitability."

Nonsense; it was simply some trade associations making meaningless PR statements.


"Big Oil. Look out Exxon (XOM) and Chevron (CVX)."

Oil is an international market. Peak oil is happening and the Chinese all want to get a car. While it will take a couple years for oil to recover, after that prices will explode.