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Friday, March 13, 2020
Stock market
401Ks, mutual funds are sinking. I know I am loosing. This stock market was so over inflated and I can see a reset of the Dow at 15,000
Help the people before banks
In 2008 during the banking crisis, hundreds of billions of dollars was given to banks, and what did they do? They gave each other bonuses. Fast forward to 2020, now the government wants to bail out major companies and CEOs. Why???. Help the people instead of CEOs.
Saturday, February 8, 2020
MADE IN CHINA
Today, all the nations of the developed world, especially the G-7 nations, are producing the same things. We all produce motor cars, sewing machines, refrigerators, calculators, computers and all the good and services of our modern and we are all trying to sell these things to each other. None of us needs what the other has to sell. We only want it if it costs less. That is the main provision. If it is better made and dearer, we do not always want it. If it is better made and cheaper, like made in China, then we certainly want it. If it is not quite so well made but quite a lot cheaper then we will certainly make do with it. That is how we trade today. We are only trading things that we can make perfectly easily ourselves but costing a little more as we do it.
Monday, January 27, 2020
Friday, January 24, 2020
WHY ARE WAGES STAGNATE
It's all about the profit margin. Cut hours, reduce payroll, hire at $8.50 an hour, get rid of long term employees working 10 years or more that are making $12.00 or more and replace them with lower wage workers.
This is the objective of CEOs and corporations. Look no further than Walmart. Perfect example, or any supermarket and especially convenient stores. How many times have you gone in to shop or get a cup of coffee and only one register open.
That is why wages are stagnant. GREED.
This is the objective of CEOs and corporations. Look no further than Walmart. Perfect example, or any supermarket and especially convenient stores. How many times have you gone in to shop or get a cup of coffee and only one register open.
That is why wages are stagnant. GREED.
Friday, January 10, 2020
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