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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (44744)11/12/2017 11:28:37 AM
From: i-node  Read Replies (1) | Respond to of 360851
 
I believe single payer could work but you'd have to figure out a way to transition to market operation from top to bottom. Well beyond the capability of our central planning capability.



To: RetiredNow who wrote (44744)11/12/2017 2:42:44 PM
From: zzpat  Read Replies (1) | Respond to of 360851
 
I invest and I've never seen many CEOs who are incompetent. We have near zero interest rates, near zero inflation and Europe is only now beginning to grow. Why are so many having a hard time making money?

No, I have not had a bad experience with a CEO. What an odd question. I deal with facts, not my emotions which means I invest in companies that have CEOs who suck and I don't invest in CEOs I like. It's not a paradox. I put my money where it will grow the most and the fastest (99% of the time).

I won't invest in GS, NewsCorp or any insurance company that drops the ACA.

If CEOs weren't idiots they'd have worked to reduce health care costs a long time ago instead of supporting candidates who promise short-term tax cuts. Tax cuts go away, national health care will never go away. Their mindset is very short term. Stock buybacks were also idiotic. Look at Sears. Did it work for them? Any company that did buybacks and has bad numbers deserves to have its stock obliterated - at some point, each will have bad numbers. Watch how fast we drive their stocks down.

I'm amazed by how fast the tax cut frenzy swept the country. First the federal government, then states, now CEOs. Everyone seems to think $20 trillion of debt isn't enough debt. Good CEOs don't beg for money from the government or for other special favors and there are very few good CEOs left.