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Can Washington break the deflationary spiral? {Daily Finance}
Nov 26th 2009 3:14AM The entire mess can be fixed overnight by simply changing the Federal Corporate Business Tax structure.
Give companies a big tax break for producing inside the USA and charge companies that profit by selling Imported products a far higher income tax rate. If the Federal Corporate tax was 50% on profits made on the sale of Imported products and The Corporate tax rate was lowered to just 15% on the sale of products made inside the USA companies would be bringing production back to the USA instead of moving it abroad. Corporations that keep jobs here deserve a huge income tax break for providing employment and they should be rewarded for creating jobs HERE. And if any foreign company wants to produce here inside the USA then they also should be given a huge income tax break. Under this plan if Walmart sell foreign products the corporate tax rate would be 50% of profits and if they sell American made products the corporate tax rate on the profits made on American made products would be only 15%. You can believe with that incentive Walmart would quickly find more American made products to sell and less imported junk to lower their corporate income tax rate..
Nuclear power is on the comeback trail {BloggingStocks}
Nov 25th 2009 2:31AM Electricity demand went down 10% in the year 2009 inside the USA. Electricity demand will continue to decline year after year simply because we are seeing more and more people lose their jobs and more and more factory closings. People with empty pockets cannot afford electricity.
Fed officials: Labor market recovery could take up to six years {Daily Finance}
Nov 24th 2009 11:21PM You are the Economy and YOU are the problem.
YOU spend your money on buying Imported products and then expect to find a job in the USA. Our economy will NEVER improve until YOU start buying more Made in the USA products and less Imported products.
Imported cars, Imported ham and cheese, Imported wine and shoes, Imported cell phones, imported clothing and imported electronics. You Buy them all and then you are dumb enough to expect to find a job in the USA. YOU gave our jobs away and they are not coming back until YOU wake up and refuse to buy Imported products and leave them sitting on the shelf in the stores. If YOU stop buying the imported products the stores will stop importing that junk. You are in control and You ere the economy.
Couple arrested after refusing to pay tip at Pennsylvania pub {Daily Finance}
Nov 24th 2009 2:43PM When you are not happy with the "service"___Let them know IMMEDIATELY in no uncertain terms. Be calm, clear and concise. NEVER wait for more than 10 minutes once seated for service. Look at your watch when you are seated and make it OBVIOUS to the staff person you are looking at your watch and ask the waiter or waitress what time is it. Never get mad or upset or create a scene about the lack of service, instead just get up and leave. In NJ service stations pump the gas (it is illegal to pump your own) there are times when they leave you waiting too long while they stand around BS with each other and in those cases when the attendant finally walks over and asks what you want say SERVICE and it looks like I came to the wrong place, start you engine and leave. In a restaurant if they make you wait too long when they finally come over to your table and say "I am ready to take your orders now". Respond by saying "oh you are finally ready to take our orders, but you took too long to "get ready" to take our orders and we are leaving. Think about that statement we hear it all the time "I am ready to take your order now". Like he or she had to think about it first and be prepared to be in condition for "getting ready" to take your order for the last 30 minutes. Keep in mind "They are all losers and that is why they work on such low level menial jobs, so never expect much too much from them. More restaurants go Bankrupt each year than any other type of business because they seem to forget they are in a "Service Business" and if they do not provide "Service" they do not deserve your business or to remain in business.
U.S. third-quarter GDP growth is revised downward, but it's still growth {Daily Finance}
Nov 24th 2009 2:11PM The only thing anyone has to know about economics is NO One can spend more than they earn year after year without the final outcome being Bankruptcy. No individual, no Corporation, No City or State and no Central Government can spend more money than they take in year after year without the final outcome being Bankruptcy. Whatever good is done now by borrowing more and more money will at some point quickly and abruptly end and all the good that was done will be lost and nothing will be left except DEBTS. It is like borrowing too much to buy a home and car and live. At some point if you cannot pay you LOSE everything. Te same is true when Governments borrow too much. At some point NO One wants to lend you any more. Once you reach that point, then Everything you have done before ends up being lost forever when you can not longer pay.The State of California borrowed and borrowed and now they are closing down schools and hospitals and cutting all services, thus building those schools and hospitals and providing those services in the past was a complete and total waste of borrowed money since they can no longer be funded with more and more borrowed money and they will all end up being eliminated one after another, year after year as each year the amount of Debt grows and can no longer be funded through more and more borrowing.
States and Central Governments (just like individuals) at some point become maxed out and NO one wants to lend them any more money. When they reach that point EVERY service they provided gets eliminated.
The Point: Democrats Call for War Tax {Sphere}
Nov 24th 2009 1:52PM Wars cost MONEY. If you want to play the War Game___then YOU have to pay for the War Games. Nothing in Life is Free.
Jamie Dimon for Treasury chief? Or will Geithner be Obama's Rumsfeld? {Daily Finance}
Nov 23rd 2009 8:14PM
Morons and idiots ALWAYS need someone to blame. The truth is that the entire banking system got into trouble only because they made the mistake of "Trusting YOU." The banks lent YOU their money and YOU have not repaid what YOU asked them to lend to YOU. Blaming Banking CEO's or Bernake for YOUR inability to repay what YOU borrowed is very childish and foolish. If YOU borrowed more than YOU can repay then YOU are responsible. If you dare to say YOU are not responsible, what you are saying is you are either a child or a brain dead idiot who cannot manage your own life and your own debts.13 out of every 100 autos sold are repossessed because YOU do not pay. 8 out of every 100 homes sold are repossessed because YOU do not pay your mortgage. None of it is the Bankers fault___It is all YOUR fault.
Patrick Kennedy Denied Holy Communion by Catholic Church {Politics Daily}
Nov 23rd 2009 1:25AM Shame on the Bishop. Jesus Christ taught FORGIVENESS and he said God was the judge. The Bishop should resign if he cannot follow the teaching of Jesus Christ and show compassion and forgiveness. How dare this Bishop ignore the teaching of Jesus Christ and place himself as the Judge instead of allow God to be the Judge. The Bishop is not a Christian. "Forgive us our trespasses as we forgive those who have trespassed against us." "let he who is free of all sin throw the first stone". If the Bishop does not comprehend the teachings of Jesus Christ he needs to resign for he is not a Christian if he has no forgiveness in his heart and instead seeks revenge.
The Roman Catholic Church inside the USA has been losing membership for decades now and it is because of fools like this Bishop.
Citigroup holds its customers hostage {WalletPop}
Nov 23rd 2009 12:57AM I repay my FULL balance each month and EVERY credit card I use PAYS ME money each month for using THEIR credit cards and THEIR money for 30 days. Some of us are wise and know how to play the game, while many others who post here are total and complete fools and they are so freaking dumb they even post to tell us all "hey look at me I am freaking dumb and I give Citi 25.9% of my earnings when I used THEIR card."
Now entering Tiburon. Please get your license plates ready for their close-up {Daily Finance}
Nov 23rd 2009 12:41AM I feel sorry for that community because it clearly demonstrates only one thing "They are all living in FEAR"
