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BenJarvus

BenJarvus
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  • American Capital Agency And Rising Interest Rates: Cut Your Losses Or Wait It Out? [View article]
    For C.F. Davis, the author:

    Great analysis. If there are nasty things going on, perhaps those of us who are long might want to consider selling some covered calls?

    I've got a feeling that, based on the circumstances that you have outlined, the dividend is going to take another hit as it did in 2012.

    What do you think?
    Jun 5 08:52 PM | 1 Like Like |Link to Comment
  • Retirement In A World Without Social Security: Follow Up [View article]
    If today's politicians are planning for the money that we worked for, for all of our lives, to not be there, or to face diminution once we get to the age where we need it, the same politicians ought to have their salaries & budgets reduced in order to make up for the coming shortfall or they should be forcibly removed from the office(s) which they enjoy.
    May 5 09:35 PM | 2 Likes Like |Link to Comment
  • How Congress Could Fix Its Budget Woes, Permanently [View article]
    The problem is the politicians, who have the best intentions while running for office, but then once elected, get passed through some sort of Stupid Machine, similar to a metal detector, or an MRI machine, which makes them forget their once honest agenda, and transforms them into the disillusioned, over-spending buffoons that is the collective henceforth referred to as the federal government.
    Feb 14 02:10 AM | 2 Likes Like |Link to Comment
  • Here's the White House math behind why "tax reform" can't replace all the income from letting the Bush tax cuts for the rich expire: Limiting a cap in deductions to incomes over $250K leaves only $800B in revenue; phasing in a cap to avoid a "cliff" reduces revenues to $650B; excluding the charitable deduction reduces it to $450B. That's why the likeliest outcome is a hybrid approach that combines an increase in marginal tax rates with a cap in deductions. [View news story]
    We are at war with the most dangerous enemy that has ever faced makind in his long climb from the swamp to the stars; and it's been said that if we lose that war, and in so doing, lose this way of freedom of ours, history will record with the greatest astonishment that those who had the most to lose did the least to prevent its happnening.
    -Ronald Reagan
    Nov 30 01:18 AM | 3 Likes Like |Link to Comment
  • Massive shortfalls in Pennsylvania's two public pensions puts the state - absent major reform - on a path to either cut benefits or slash core government functions, says budget secretary Charles Zogby. State revenue - expected to rise $819M in FY2014 - will be nearly completely consumed by pension cost increases of $511M. [View news story]
    Major cities are adopting Gary, IN as their business models.
    Nov 27 02:44 AM | 1 Like Like |Link to Comment
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