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Oh, no, this is terrible!

Fenton said:
Lol...... You're the one thats posting bad economic indicators, not me.

So Low inflation with unprecedented monetary stimulus ?

QE increased the money supply, was supposed to be inflationary and it was supposed to incentivize Banks to start lending again, but over 80 % of all the new money created sits idle on the books of the FED marked as " excess reserves "

What happened ? Creating new money doesn't grow market economies or create jobs. It doesn't offset the consequences of horrible legislation like ObamaCare and it doesn't incentivize capital investment in our economy

It just loads up a bunch of stagnant money onto the Feds books and suppresses interest rates

Its what happens when you let progressives come up with their own ideas for fixing and or growing something they do not comprehend. Free market economies
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So I was right. You are looking for a recession to "cure" all our ills. Why is that always the Conservatives answer and a major reason for our income inequality? We need to stop the thinking that has made recessions "normal" and wages depressed. Corporations will not invest when there is no demand.
 
Dittohead not! said:
[h=1]Dow notches 4-day winning streak, closes at record high[/h]



How can we possibly continue to feed the fear that the economic policies of the Obama Administration are causing the economy to tank?

This can't possibly be true!

Buy gold, buy gold!!!
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Yep under Obama's economic policies the rich have gotten much richer and the poor, poorer. His policies have pushed the equality gap higher than ever before. The hell with the middle class and the poor, all liberals want is their vote. They have never been about jobs, never. The liberal policy, give more free stuff and raise the minimum wage is their answer to prosperity.
 
Born Free said:
Yep under Obama's economic policies the rich have gotten much richer and the poor, poorer. His policies have pushed the equality gap higher than ever before. The hell with the middle class and the poor, all liberals want is their vote. They have never been about jobs, never. The liberal policy, give more free stuff and raise the minimum wage is their answer to prosperity.
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Are you saying that Obama, by keeping 98.6% of the Bush federal income tax rates and raising taxes on the top 1.4% a bit, did not fix income inequality? It was surely a (baby?) step in the left direction - but who needs more taxes when congress critters just let you borrow and spend ever more? ;)
 
ttwtt78640 said:
Are you saying that Obama, by keeping 98.6% of the Bush federal income tax rates and raising taxes on the top 1.4% a bit, did not fix income inequality? It was surely a (baby?) step in the left direction - but who needs more taxes when congress critters just let you borrow and spend ever more? ;)
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No I am not saying that at all. Where did I even come close to saying that????? However by you bringing it up you must feel taxes is the driver of inequality or not. I have never said that or implied it. In fact what I did say is:


"Yep under Obama's economic policies the rich have gotten much richer and the poor, poorer. His policies have pushed the equality gap higher than ever before. The hell with the middle class and the poor, all liberals want is their vote. They have never been about jobs, never. The liberal policy, give more free stuff and raise the minimum wage is their answer to prosperity.

Is there anywhere in my statement about taxes???? NO

But what is in my statement is the lack of JOBS, and the liberal policy is more free stuff and raise the minimum wage is their answer to prosperity. Where was taxes mentioned?
 
Born Free said:
No I am not saying that at all. Where did I even come close to saying that????? However by you bringing it up you must feel taxes is the driver of inequality or not. I have never said that or implied it. In fact what I did say is:


"Yep under Obama's economic policies the rich have gotten much richer and the poor, poorer. His policies have pushed the equality gap higher than ever before. The hell with the middle class and the poor, all liberals want is their vote. They have never been about jobs, never. The liberal policy, give more free stuff and raise the minimum wage is their answer to prosperity.

Is there anywhere in my statement about taxes???? NO

But what is in my statement is the lack of JOBS, and the liberal policy is more free stuff and raise the minimum wage is their answer to prosperity. Where was taxes mentioned?
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Chillax, it was simply meant as sarcasm. What, specific, liberal (Obama?) economic policy did you expect to work differently?
 
UtahBill said:
I high lighted your last line....it is part of my philosophy of investment. If a broker has something that is a really good deal, why would he call me? I was a small investor all along. Surely he will share with his buddies, and that ain't you and me....
If I had something sure to invest in, I would buy into it to the max for me, THEN tell my friends, but why would I invite strangers?

The best investment for those nearing retirement is to shed all debt and then start positioning assets based on what is needed for retirement years.
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i dont understand
what do you do with your surplus cash/equivalents
other than stick it in a mattress

and yes, this assumes you have eliminated debt. for some of us, we seldom accrued any debt
 
justabubba said:
i dont understand
what do you do with your surplus cash/equivalents
other than stick it in a mattress

and yes, this assumes you have eliminated debt. for some of us, we seldom accrued any debt
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Invest in our kids, we put our kids thru college, now working on putting the grandkids thru college. we also gave them good used cars at the start of their jr. year of college, and $5k when they graduated so they could get the car they wanted.

Invest in your kids, if you have them. I know people with plenty of money who just hoard it while their kids struggle to pay books and tuition, food, rent, etc.
 
UtahBill said:
Invest in our kids, we put our kids thru college, now working on putting the grandkids thru college. we also gave them good used cars at the start of their jr. year of college, and $5k when they graduated so they could get the car they wanted.

Invest in your kids, if you have them. I know people with plenty of money who just hoard it while their kids struggle to pay books and tuition, food, rent, etc.
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my two 'kids' now knock down a combined $500+K each year in their careers
already provided them good educations and a healthy launch
enjoy a debt free empty nest in a quickly appreciating environment
social security eligible but waiting to maximize that income
retired (since age 51) but with ongoing business interests
one forum member commented in this thread that the stock market is not a good play
to which i asked what is a better financial play
no one has provided a better investment alternative
starting to assume its because no one can identify a better alternative
 
justabubba said:
my two 'kids' now knock down a combined $500+K each year in their careers
already provided them good educations and a healthy launch
enjoy a debt free empty nest in a quickly appreciating environment
social security eligible but waiting to maximize that income
retired (since age 51) but with ongoing business interests
one forum member commented in this thread that the stock market is not a good play
to which i asked what is a better financial play
no one has provided a better investment alternative
starting to assume its because no one can identify a better alternative
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one of the uber rich in my little town is buying real estate in areas that are semi-resort and he keeps a few contractors busy fixing them up, until the properties are ripe to sell....
 
UtahBill said:
one of the uber rich in my little town is buying real estate in areas that are semi-resort and he keeps a few contractors busy fixing them up, until the properties are ripe to sell....
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appreciate the reply. as a semi-retired real property appraiser, i would be competing with my customer base (however, outside this immediate market i have applied your recommendation and you are quite accurate)
i failed to state it, but looking for placing passive investments where ever the best (safe) yield could be found
from my experience, it is stocks. one of our members said that is not the best place to invest capital. he seems to have avoided answering my question asking where is a better play than the stock market
 
justabubba said:
appreciate the reply. as a semi-retired real property appraiser, i would be competing with my customer base (however, outside this immediate market i have applied your recommendation and you are quite accurate)
i failed to state it, but looking for placing passive investments where ever the best (safe) yield could be found
from my experience, it is stocks. one of our members said that is not the best place to invest capital. he seems to have avoided answering my question asking where is a better play than the stock market
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whatever you do, you can't be a passive investor, gots to keep tabs on everything...
I have been shafted by a realtor who was poorly managing our rental property, 5 plex, while we were stationed in Cuba....
and by a broker who steered me away from my choice of companies to what his boss was pushing.
It only took once for me to lose $3k and missed out on an $9k gain by taking his advice.
I wanted Pinnacle West Capital and he suggested American West Airlines...and I trusted his advice.:(
 
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