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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (1244)	12/5/2019 6:07:05 AM
From: Rarebird	Read Replies (1) \| Respond to of 1504

Since Reagan, Government has aligned itself with Big business. That is the root of the problem. Good luck thinking that Government will deregulate itself from its special interest in providing for the welfare of the corporate state and getting kick backs in return. What kind of kick backs am I referring to? Just look at Obama and Clinton who entered the White House with little money - even I had more than they did. Now they are set for life. And Trump has set tax policy so he will pay less after he leaves office. I can't really critique any of your ideas or suggestions in and of themselves, outside of saying that they are very idealistic and unrealistic. Income inequality is the direct result of the stock market having gone parabolic over the last 10 years, with a few blips along the way. Your deregulation is not happening. Government has shown it's hand over the last 40 years and neither party is buying into what you suggest. Honestly, I have pretty much had it with the government"s neglect and disrespect for the poor and lower middle income. Sure, in a way, nobody owes anybody anything. But when I see lots of people dying because they cannot afford medical treatment and college education costs skyrocket to the point where most can't afford to pay back their loans, I have had it with the System and need to embrace more humane, more fair policies. I consider Warren and Sander's policies to be better by in large for working class Americans. I don't support everything that comes from Sanders or Warren. In fact, there are things I don't like about some of their policies. But capitalism in its American form has not worked for most Americans. I want real change of the system from supporting corporate/shareholder interest to worker interest. If that makes me a socialist, so be it.

To: RetiredNow who wrote (1244)	12/5/2019 6:22:41 AM
From: Rarebird	Read Replies (2) \| Respond to of 1504

There is one other thing that I want to emphasize here: I am very pragmatic when I see the handwriting on the wall. We put most of our money in the stock market when Reagan became President. We saw the complete sell out to corporate interests. Trump is no different. Valuations, of course, are in the stratosphere, but everything is structured by government to support rising share prices. One has to be nuts or living in heaven to not be heavily invested in stocks. Again, I have never disagreed with your fundamental analysis. I just think it is not realistic or practical. And I am as idealistic as they come. I got a Ph.D. in Philosophy ( to save my soul) with a concentration in German Idealism and Metaphysics so I love Idealism and speculation. But when it comes to money, I am very practical. Reagan and Trump policies are great for the stock market. I don't have to like them or support them. But I will profit from them. Oh, I see SPX 4000 next year as a distinct possibility. finance.yahoo.com