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Stephen Eisel wrote:But is not the stock market a good barometer of how most publicly traded companies are doing? Does not the Dow hittting 14,000 demonstrates a healthy economy?
I don't know. Is it? Prices on gas, food and certain consumer goods are continuing to rise but wages are still said to be flattening over time. Maybe you are right. But unless gas prices drop, natural gas drops (my budget for Dominion doubled for next year in anticipation of... something...who knows why...and no, my usage was the same, per their chart, as the year prior...when they lowered it by 2/3...grr...), food prices drop or some other effect that I can actually see first hand, this is meaningless to me.
Still, if this is great for you personally, awesome. For me and others like me, well...
Stephen Eisel wrote:But is not the stock market a good barometer of how most publicly traded companies are doing? Does not the Dow hittting 14,000 demonstrates a healthy economy?
I don't know. Is it? Prices on gas, food and certain consumer goods are continuing to rise but wages are still said to be flattening over time. Maybe you are right. But unless gas prices drop, natural gas drops (my budget for Dominion doubled for next year in anticipation of... something...who knows why...and no, my usage was the same, per their chart, as the year prior...when they lowered it by 2/3...grr...), food prices drop or some other effect that I can actually see first hand, this is meaningless to me.
Still, if this is great for you personally, awesome. For me and others like me, well...
Phil, I agree. If gas and energy prices could be stabilized and lowered then I think the good economy would be better for the working poor and for more of the middle class. In my opinion, we are getting it in the @$$ when it comes to fuel and natural gas prices. Most oil companies are posting record profits. I am sorry! But that natural resource that you are raping us all over. Is all of ours.. Oh yes, you took a risk, and are entitles to a profit. But that does not give you the right to flog us.. The government has dropped the ball on this one.. But individuals like Dennis have spoken up on our behalf!
The single biggest problem in America now and in the future was this damn war. It was financed on the back of your children and your children's children's. It has dug America into a hole it will never get out of in my lifetime.
At the same time GWB following the lead of Bill Clinton, Papa Bush have allowed not just jobs but our manufacturing base to flow overseas faster than water flows. Please note, enough blame to go around here. Of course based on recent revelations from Canada, it was all about selling out America anyway. for a NWO view of the United States of the Americas.
But let's forget the war, let's forget no jobs.
Dennis has still done more than most. His look into predatory lending has uncovered many problems and ideas.
One problem which Mayor Kucinich looked at was the ways the banks play with mortgage rates to move people around a region. Hmmmm where have we heard that before. He brought the Federal Reserve in and read them the riot act. Their response was to get Cleveland Banks to bankrupt the city, not Dennis. Go back and read the facts on this.
Many can talk about Muny Power but it goes much farther.
Today Congressman Kucinch has the Federal Reserve testifying again, and uncovering patterns in predatory lending and tightening of money in neighborhoods.
Looking into the medical industry and their unfair practices.
Looking into the food industry and what has been labeled by many as the worst ecological damage of all time, genetic engineered foods that go to our table and farmland with NO TESTING!
This is just the tip of the mutli-facted Congressman from the 10th District.
Lives where he grew up, works, eats and relaxes in Lakewood and married up to a woman that is extremely bright especially in currency, money and money markets.
Not so bad, if you don't get swallowed up in the BS and hype.
.
Jim O'Bryan
Lakewood Resident
"The very act of observing disturbs the system." Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it." His Holiness The Dalai Lama
The Department of Defense budget is usually higher in times of war. If I am not mistaken the average DoD budget is about 4% of the GDP. The percentage now appears to be lower than WWI and WWII. The problem is incoming revenue does not match outgoing expenses. The deficit is not a result of the war but our own gov spending money like drunken sailors.. Not to degrade drunken sailors
Stephen Eisel wrote:The Department of Defense budget is usually higher in times of war. If I am not mistaken the average DoD budget is about 4% of the GDP. The percentage now appears to be lower than WWI and WWII. The problem is incoming revenue does not match outgoing expenses. The deficit is not a result of the war but our own gov spending money like drunken sailors.. Not to degrade drunken sailors