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sallykkb

sallykkb
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  • Baby Boomers Are Not Likely To Cause The Next Housing Crisis (Part 1) [View article]
    My Aunt says that we spend the first half of our life collecting things and the last half getting rid of them. Having moved from a 4,137 sq ft house to a 1,984, I am now trying to find the idea floor plan to go even smaller. However, I think the trick will be in designing functional, and adequate storage space, in smaller houses, without being trapped in an area of barking dogs.
    Jun 9, 2013. 11:12 AM | 2 Likes Like |Link to Comment
  • Baby Boomers Are Not Likely To Cause The Next Housing Crisis (Part 1) [View article]
    Wonder what the percentage of retirees are moving out of the US, since many baby boomers have said they were not able to save, as they'd have liked to, during their working years, and are moving to countries that have a lower cost of living, and less inflation? Would be interesting to see the statistics on this, if they exist, as I have a friend who retired to Venezuela a few years ago, after she retired, as she calculated that without a pension, other than Social Security, that she would have to scale her lifestyle back, or risk outliving her investments.
    May 29, 2013. 01:06 PM | Likes Like |Link to Comment
  • Using Common Sense And Logic To Forecast 2013 - Part 2 [View article]
    Joseph,
    Thank you for making me feel better about going with a "gut feeling" that the bull euphoria, is not backed by the state of the economy, etc. and slowly getting back to cash, remembering "a pig in the poke is better than 2 in the bush". I'm ok with "leaving some money on the table".

    Sally
    Jan 27, 2013. 02:28 AM | 1 Like Like |Link to Comment
  • Koo: The Balance Sheet Recession Is Not Over [View article]
    It appears to me that as more and more people, willing or unwillingly, join the ranks of those being supported by the Government, uh, I mean, the taxpayers, the Gov't will increasingly raise taxes on the "next group" of earners, $150,000, then $100,000, and get away with it because the number of those on the receiving end will be greater than those paying taxes, so they will have little choice but to see their standard of living decrease as they support more an more non-working people, but it still won't be enough money. I don't think the US has a sufficient number of voters, who can prevent this from happening. So, the Gov't will continue to dig the hole deeper. Margaret Thatcher said, "The problem with socialism, is that eventually you run out of other people's money." I'd like to add to that, and, "people you can tax more and more".
    Jan 27, 2013. 12:12 AM | 1 Like Like |Link to Comment
  • 5 Bold Predictions For 2013 [View article]
    Yes, he did put Obamacare over the economy, much to my dismay, and which I found quite incredible when it was happening. Given the growing massive Federal deficit, I am unable to convince myself, that we are going to have a happy ending. I have been selling stock gains, going to cash, even while I am aware of the declining value of the USD. Very depressing, what our government has done to we Americans.
    Jan 25, 2013. 12:50 AM | 2 Likes Like |Link to Comment
  • Who's Really Ignoring 47% Of Americans Today? [View article]
    I still say, a place to start curbing the debt, albeit small, is with earmarks and pork. Further, what right does the Federal Gov't have to invest taxpayers money in unproven, untested solar investments, that have their "bundlers" invested in them? Golf courses? Dog parks? If a State is sold on these things, then let the STATE taxpayers pay for them not the taxpayers of the whole US. I think Congress spends far too much of their time on dribble and perhaps their days need to be cut to three, instead of four, so to curb the time they have during the days to "spend" taxpayers money, which they seem to think, is their primary purpose of being there, perhaps.
    Jan 13, 2013. 03:28 PM | 6 Likes Like |Link to Comment
  • Ford (F) says it plans to invest at least $773M on new equipment and capacity expansions across six manufacturing facilities in Michigan. The investment plan is part of the automaker's commitment to invest $6.2B in U.S. plants by 2015. [View news story]
    Get rid of those "darn" union greedy boses, and watch Michigan grow jobs again. I like that Ford is going to share profits with workers rather than be "sucked dry" by union demands for more and MORE BENEFITS!
    Dec 27, 2012. 01:18 PM | 1 Like Like |Link to Comment
  • Following a strong 2012, UAW officials have told members working for Ford (F) to expect profit-sharing checks that could be above $8K, the WSJ reports. For GM workers, the checks could reach $7K. When Detroit was on the brink of going under, the UAW negotiated higher profit-sharing payments in exchange for wage and benefit concessions. [View news story]
    Wouldn't it be nice if Unions saw the light, instead of trying to suck all the blood out of companies that they can, tho not sure how that would help the people of CA where Public sector unions in the State, continue to demand higher wages and benefits than employees in the private sector get. Politicians created the problem there, for votes, I say, let politicians figure out how to solve the problem, without private sector workings being forced to bear the burden.
    Dec 26, 2012. 11:57 AM | Likes Like |Link to Comment
  • The Dichotomy Of Paper Vs. Physical Gold And Silver Markets [View article]
    The problem I see with owning gold, or silver, on paper, is think a scenario where the USD is worthless and you are hungry, or would like to buy some gas so you can "escape", would you rather have paper gold stock or some gold bullion, or better yet some gold coins like Krugerands or Maple Leafs? No one likes to go around with that sick feeling in their stomach that the "end is near for the US", so is easy to persuade yourself that everything will be okay and "our" govt will fix everything. However, ask yourself how others see us. If you have not watched Parliamentary Secretaryy, Pierre Poilievre's speech to Parliament, I strongly recommend that you watch it. It may still be at http://bit.ly/ROPWcw ...You can probably cut and paste it, if you really want to know, or Google it.
    Dec 24, 2012. 02:54 PM | 1 Like Like |Link to Comment
  • The President And Every Member Of Congress Should Read This [View article]
    And, we have surely created a "monster" when a single mother, with two children, finds it is better to stay in a job that pays her $29,000 a year, which "entitles" her to foodstamps, Section 8 Housing, free healthcare, free breakfast and lunches for her children, free day care, assistance with utilities, than it is to move up to a job that pays $57,000 where she would LOSE all these entitlements, we are in serious trouble!
    Dec 12, 2012. 12:23 PM | 3 Likes Like |Link to Comment
  • 3 Key Metrics That Show Why We Can't Avoid Recession [View article]
    Thanks JS!
    Unfortunately, I agree with all you say. Optimism is more pleasant than pessimism, so one has to combat the tendency to ignore facts, choosing instead to believe in miracles, which is where I have been. However, you have brought me back to earth and acceptance that there will not be a "fairy godmother" that will save us, and our children from our politically created financial mess, along with our diminishing democracy that has been so badly manipulated by our politicians for "votes".
    Nov 24, 2012. 09:27 AM | 6 Likes Like |Link to Comment
  • Surviving And Prospering Over The Next 4 Years Of Economic Darkness [View article]
    Bret Jensen
    Loved that you used Margaret Thatcher's quote. I have used it as a Signature for years, and alternate between that and Ronald Reagan's "It's not that Liberals are ignorant, it's just that so much of what they know isn't so."

    Loved your article and I agree 100% with you. I had already scaled back on stocks and started thinking, what for solid assets, diversification, besides my house in New Zealand?
    Nov 9, 2012. 09:48 AM | 3 Likes Like |Link to Comment
  • Weighing The Week Ahead: Approaching Dangerous Curves? [View article]
    Jeff, it is time for this country to limit the length of time that a politician can campaign for an office. Obama has spent half his time as President, campaigning! There are countries, like Canada, and New Zealand, that limit the campaigning time to six months, or less. Any ideas on how we can do that here? It might, also, reduce some of the parasitism that is costing such divison?
    Nov 6, 2012. 06:08 AM | Likes Like |Link to Comment
  • Why The Stock Market Is Rooting For Obama [View article]
    Consider this....If we didn't have this monstrous Federal Government, that wants more and more money from its citizens, to spend, because yes, that is what it knows BEST how to do, "spend", everyone in this country would be able to keep more of what they earn and SAVE for their eventual retirement. What, I wonder, is the Govt going to do when all these younger people are unable to "save" anything for their old age because of the 16 Trillion Deficit, sitting on top of their head and the Govt with its hand out wanting more and more money....for THEM to spend. They are only going after high income earners and businesses because they have "sucked" the middle class workers dry. What really frightens me tho is when the middle class decides to "throw the towel in" and ALSO become a dependent of the Govt. I was reading about Greece this am and they are near a "jungle-like" environment. Could it happen here? You betcha, it could and will, if we can't put a lid on Govt and their addiction to spending, for votes. To quote Margaret Thatcher, again, "The problem with Socialism is, that eventually, you run out of other people's money." That is precisely what has happened in Greece where some people could retire at 40. Fourty? Where their pensions were nearly as high as the money they were drawing when working? Didn't anyone in their Govt have any math knowledge? Oh! Right! That is what some of our Unions, School Teachers are doing.....in Cicago. Lots of luck to Illinois taxpayers. Geeze! I gotta keep off this darn Soapbox.
    Nov 4, 2012. 10:41 AM | 3 Likes Like |Link to Comment
  • Why The Stock Market Is Rooting For Obama [View article]
    Hey, can anyone out there tell me approximately how much the Federal Govt takes in every year, in taxes? We are so taxed at every which way we turn, starting with our income, tax on the gasoline we put in our cars, taxes on items we buy, clothing we buy, local property taxes, school taxes, taxes, taxes, taxes. Our Govt is a "compulsive spender", and will never take in enough to cover all it wants to spend taxpayers money on. Must be nice to sit in an office and just spend and spend, other people's hard earned money, for what YOU want to spend it on. Isn't that what Congress does and what about all the taxpayer money that the Govt loans out to these solar companies? If they had a chance of succeeding, private investment would jump aboard so that tells you something right there, I think. Okay, definitely off my soapbox now! Thanks!
    Nov 3, 2012. 06:51 PM | 3 Likes Like |Link to Comment
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