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Latest Comments31 Comments
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.
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
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.
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
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.
Does Keynesian Spending Force Savers to Spend As Well?
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.
Merck’s Gardasil: A Risky and Unnecessary Vaccine
That saves me a lot of stress.
Merck’s Gardasil: A Risky and Unnecessary Vaccine
It saves a lot of distress and worry.
The Dollar's Decline: Taking Responsibility for the Future
Phil Grahm, McCain's economic advisor, thinks we are all whiners. Don't you know everything is doing great?
Big Lots, Wal-Mart and Costco: 3 Musketeers of the Pooring of America
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.
The After Hours Oil Scam
Long Term Investors, Remain Defensive
Is the Great Moderation in Danger?
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.
Cleantech "Power 10" Ranking (Vol. I)
Cleantech "Power 10" Ranking (Vol. I)
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.
Payroll Numbers Beat Expectations, But Trend May Be Temporary
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.
Silver ETF Starts Off the Year Strong: Can It Continue to Shine?
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.