SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 154.52-3.0%Nov 7 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Lichterman III who wrote (9372)4/20/2020 5:29:43 PM
From: Kirk ©1 Recommendation

Recommended By
Lee Lichterman III

  Read Replies (1) of 26439
 
LOL! It certainly feels that way.

Actually, congress gave everyone who lost a legit job and is a legal taxpaying citizen an extra $600 per week of unemployment. For people living on the margins, this is more money than they were probably making to go to work!

There is some delay in getting processed and those checks showing up but there should be no excuses for not paying rent or mortgages once the checks show up. If they use the $ to buy beer, drugs, iphones, etc. rather than pay their obligations, I say evict them.

Of course illegals working under the table will be the responsibility of the cities and counties that allow it and businesses that should also get funds to pay them via PPP.

Of course you are 100% correct that those of us who followed the rules, saved and were counting on a decent return on a decent nest egg in CDs... are f'ed.... and have been since 2009, but that is also why I've recommended more than typical for your age in equities... we still get a very good return there if you stick to the plan.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News