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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: CrashDavis who wrote (1119)	5/1/2014 10:30:57 AM
From: rdkflorida2	Respond to of 26769

IMHO, the pendulum always swings too far in both directions. Eventually it gets "centered" and the country moves forward. Big economic boom is in the works. Just my take. RDK.

To: CrashDavis who wrote (1119)	5/1/2014 11:20:22 AM
From: Kirk ©	1 Recommendation Recommended By Cogito Ergo Sum Read Replies (1) \| Respond to of 26769

I think if you were to ask those who backed what was done, they would claim we would be in a depression if they didn't take the action. Personally I think they got some things right (closing a lot of loopholes that allowed the super rich to pay lower tax rate than working class) but fall far short by treating job creating businesses as a fat host for their taxing parasites to suck dry to fund programs that get them reelected rather than driving corp taxes to near zero to attract capital and jobs to the US. BTW, I hear so many fools on TV talk about companies "doing the wrong thing with their cash" when they were last given tax amnesty to bring it back to the US. W(ho)TF are these Bozos to decide what the right or wrong thing a company in business to make money for its investors should do with their profits? Buying back stock or paying dividends HELPS EVERYONE! Higher stock prices and dividends benefit all the public agencies paying pensions because they are invested in the stock market. It helps states like CA a ton because we tax the wealthy at 12.3% be it dividends, capital gains or salary so we get a nice chunk of all this repatriated cash. The Federal government taxes it also... What sort of idiot says otherwise?

To: CrashDavis who wrote (1119)	5/1/2014 12:54:16 PM
From: Jerome	1 Recommendation Recommended By Gottfried Read Replies (2) \| Respond to of 26769

Hi Crash... your rant does show some sign's of a political bias. "we have the weakest recovery in history. And the bill for all this is a staggering $1.7 trillion per year and counting." As I view it, the do nothing congress has had time to pass a "Repeat Obamacare" 51 times and counting, while not having the time to pass any infrastructure bills that would help the economy. (roads, bridges, high speed rail). California would benefit greatly from some infrastructure spending. Your staggering 1.7 trillion deficit is in a large part due to 11 years of war in Iraq, and Afghanistan, that Republicans just never got around to paying for. Likewise the Medicare Rx program that was never paid for. It could be that the Republican house does not want to do anything to help the national economy, because that would make Obama look good. Likewise raising the minimum wage to $10.10 an hour would lift many millions out of poverty and add a lot to GDP growth and that is going nowhere in the current congress. But the stock market is doing well, and as far as I can tell, the Obama critics are crying all the way to the bank. Why would you want to change anything?