What most people don't realize is that the debt ceiling agreement did nothing to decrease our debt. All it did is slightly reduce the increase in debt growth. It's incredible that the lunatic liberals do not grasp the seriousness of continued out of control deficit increases. A balanced budget amendment is our only hope. We are absolutely heading down the same road as Greece, Italy, Portugal and Spain. Our grandkids will have to pay higher taxes just to pay the interest on the ever increasing debt.
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Yeah well,,,it is illegal and unconstituional for foreign banks to hold/profit off our national debt. The solution to the debt problem is very simple..find out what banks in the FED are foreign and cut them off and out...
I liked the TP when Dr Paul was more involved,,,he seems distant from them now. The Deal with the TP is their solutions are based on the same old models and parameters of the system that got us in trouble in the first place..the debt model economy and de-regulation,,,which is basically paying homage to elites and oligarchs. That's crap and more of the same BS....what the TP should be into is Renaissance...a new Renaissance in America of thinking and economy.
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..TM7
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What has gotten us into trouble is people not doing their part in the economy. Rather than doing a littel research on companies, what they make and sell and how they work we had people like Ponzi that stole millions and we had politicians that desided they were going to put a stop to it and create a Government safety net.to protect from theft. Once that was done more and more safety nets in the form of rules and regulations were added, creating a false sense of security, Madoff used the rules and regulations to steal Billions. Had there not been all the rules that gave investers a no loose attitude they wuld not have been taken. With out all the rules and regulation Enron, the housing collapse, and Bank bail out would not have been needed. I am proof of not doing my home work on stocks. When everyone was telling me about Cisco, I had no Idea who or what they were. I say Sysco on the back of trucks that deliver food products to chain and cheaper restaraunts. I used some $ I saved to invest in Sysco rather than Cisco. I was not seeing the huge swings like everyone was saying mine was up but, I didn't understand the other guys getting excited about the swings I was seeing. When Cisco dumped at the end of the dot com boom I was still ok. I realized I was too stupid to play the stock market for fast money. I learned what the stock were, how they worked, and how the process worked. The whole idea of stocks are to invest in companies that will grow, that will produce a profit that will pay a dividend and that is what makes the stock worth more, not the rumor of some great thing to come like the penny stock that went from $.03 a share to $40.03 a a share before everyone found out the company was not getting a deal with B of A / Visa. I sold my Sysco stock, closed the brokerage account and put what I had, about 1% more than I started with, into my IRA. The stock market is there to grow, it is there for the life time of investing. Your 401K and pension plans are mostly tied up into the stock markets by holding other stocks in either vertical integration with their industry (carpenters holding wood and paper stocks, tool, and nail company stocks) and or holding Blue chips (low yeild but long service and history of profit ) then there is the splits are another one to hold over the life time of investing, companies like AT&T that everyone wants to have. The yset a stock price of $20 a share and when the stock prioce hits $40 they split the stock. Your one share you bought 10 years ago at $20 is not two shares at 20 and both tend to head up as people want ot hold certain stocks. The short run guys look at roller coaster stocks. Like Coke it has seasonal cycles. Some people make millions a year researching stocks that shift up and down and leave some meat on the trades for the day traders. They know that in march Coke is going to be let's say $20 a share and that arounf the 4th of july it is going to be $25. They put in a trade order that when Coke hits $21 a share buy X shares, weh nit hits $24, sell. And when in September the stock falls back to $21 they buy X again and wait for Novemeber / December when it will roll back up due to the increas in demand of the products for the holiday parties. I understand the shorting of a stock (selling it for less than it is worth currently) going back to the coke roller coaster. If the price is at the high of $25. you can make arrangement to sell X shares in the future for $22. If in March you think the stock will be at $20 then you will arrange to sell X shares at $22 to sme one in March knowing you should be able to buy at $20 and make $2 a share. Of course the guy buying is betting that the stock price in March is going to be higher than 22 a share. This is where you need to do your home work.
In general if you invest in the stock market, you should do it for the long haul, not the fast buck. The fast buck will like all get rich quick gimics, work for a couple that do thier home work, and make a broker rich with your constant chasing the fast buck in trade fees and margin calls. (buying on Margin is where you basically have a loan on the stock. Back to coke. At $20 a share I can buy 50 shares for $1,000. But on Margin I can use all of my money and get 110% (for ease of math) of my purchase so 55 Shares. and I owe $100 if the stock goes up then when I sell I pay back the 10% I borrowed. If it goes down. I owe. They are calling in the margin to keep my asset to value relation ship to 90%. Some of your stock may have ot be sold if you do not have the $ to cover the call and that will drive the price even lower. But if you invest with $, have a solid plan to keep stocks for a while, look at the value of the stock every 5 years and continue to invest into your stock account with products you use. You should be fine. If you were allowed to use even 50% of the money FICA takes from you over the lifetime of working you would not need SS and that $ is yours and can be passed on the others as wealth, creating a higher standard of living for all.
The false sense of the GOVERNMENT safety net due to NYC phone book sized rules and regulations have made it easier for people to make different security papers based on holding other security papers and selling Dirivitives of this or that. You hear of millions being made over night. And think there has been some kind of insider something. Heck Hillary Clinton had to be the best futures guesser in the history of future guessing or she used the rules and regulatons and then her power as 1st lady to squash the investagation into breaking the laws you hear of Martha Stewart and others. Martha was made an example of and Hillary got away with it. Both were wrong and both should have gone to prison and been made an example of as well as all those that helped them bend or break the system.
