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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (103717)2/10/2009 12:16:55 PM
From: JohnM  Read Replies (3) | Respond to of 542147
 
Having said this, I'm nibbling at the market and have been for a few weeks. Guessing that things will look much different in 6-9 months, with or without the government.

Been doing the same so far this year. Largely high yielding dividend stocks that don't look to cut dividends--energy mlps for instance.



To: Katelew who wrote (103717)2/10/2009 4:53:13 PM
From: Lane3  Read Replies (2) | Respond to of 542147
 
Some have described the stimulus package as 10% job creation and 90% transfer payments. I don't know if these percentages are precise, but there is a huge imbalance and it is the flaw in the package.

That's a false dichotomy. Transfer payments during periods of unemployment, unless saved, create jobs.


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