Health Care costs are out of control Many thought that the cost of health care would go down with the passage of the President’s Health Care Reform Act. The opposite seems to be happening. The Kaiser Family foundation has released a study. Family coverage now costs an annual premium of $15,073 for a family of [...]
Archive for September, 2011
September 29th, 2011
Health Care Insurance Premiums are Sharply Higher
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Tags: health care, health care costs, health care costs out of control, obama care, obama health care 
No Comments » September 22nd, 2011
How one Trader could cost UBS $2 billion plus in losses Answer Banks can’t manage brokerage risk
Kweku Adoboli took UBS for $2 billion in trading losses Banks are Dumbest Guys in Town The banking industry today is not the banking industry you grew up with. In the old world they took deposits and lent out money, pocketing the difference which criminals call the veg. Today they believe they are investment banks [...]
admin Posted in Uncategorized Tags: bank trader, bank trading, bank trading loss, brokerage houses, citygroup, Kweku Adoboli, prudential bache, trading, trading loss, ubs loses 2 plus billion 1 Comment » September 20th, 2011
I Don’t Believe I am Looking at a FAILED PRESIDENCY but I am
Robert Lovett – one of the smartest men ever to serve a President Being candid, I tend to vote in the Barry Goldwater tradition of conservative Republicanism, and I mean real conservative, not the phonies you see today. Nevertheless, whoever the President of the United States is, I root for his success. This is because [...]
September 16th, 2011
Will Residential Real Estate Prices Rise Again and When
The American dream has been since World War II for a family to own its own home. Housing ownership was also thought of as a forced savings plan. This is because for 70 years, every year without interruption, the housing market experienced a gain in prices. During 70 years, not a single year of residential [...]
admin Posted in Uncategorized Tags: bank foreclousure, economy, foreclosures, housing, housing prices, property 4 Comments » September 15th, 2011
Presidents New Stimulus Package Better Look Close
President Obama is late to the plate with stimulus I took a look at the President’s proposal to stimulate the economy which amounts to $347 billion and my first look surprised me. This is not going to work. A couple of hundred billion is dedicated to temporary tax cuts like cutting payroll taxes for both [...]
admin Posted in Uncategorized Tags: jobs, jobs package, obama election, obama stimulus, stimulus package, stimulus plan No Comments » September 9th, 2011
Does Keynesian Economics Still Work or did it ever Work
Does Keynesian Economics Still Work or did it ever Work? The United States entered the Great Depression in 1929 subsequent to the stock market crash. The crash did not create the Depression, but was certainly a major symbol of it. At the end of the day, if you put liberal and conservative economists in a [...]
September 2nd, 2011
Apple without Steve Jobs Unthinkable
Steve Jobs, the most successful entrepreneur of his generation God bless the security analysts. They always seem to get it wrong in the end. Recently Steve Jobs resigned as the Chairman of Apple for medical reasons. Jobs has had perhaps the most extraordinary business career of his generation. It will take time and distance to [...]
admin Posted in Uncategorized Tags: apple computer, apple without steve jobs, ipad, iphone, ipod, steve jobs No Comments » 
