According to
studies of official government by both the Urban Institute and budget
whiz, Senator Tom Coburn, the average two-income couple in America
pays roughly $110,000 into Medicare over the course of their working
lives.
The total cost of care for that couple, however is over
$350,000. So in other words, for each and every retiree in this
country, we’ve got a hardworking taxpayer paying in roughly one-third the
cost of the care they will ultimately receive.
And that 65 or
70% per person funding deficit is tough to overcome.
Monday, March 11, 2013
Wednesday, March 6, 2013
The easiest way to make money
Bank of America profited from a big options bet it made on an
alcohol-company stock days before the beverage maker announced an
acquisition in which the bank was the lead lender
Sunday, March 3, 2013
Why derivatives are not traded publicly?
Why derivatives are not traded publicly?
Because Berkshire Hathaway , a key player on Capitol Hill, has a derivatives portfolio of $63 billion that produces a yield of $1.28 billion in derivative gains.
Because Berkshire Hathaway , a key player on Capitol Hill, has a derivatives portfolio of $63 billion that produces a yield of $1.28 billion in derivative gains.
Saturday, February 23, 2013
What newspapers are liberal and what newspapers are conservative
What newspapers are liberal and what newspapers are conservative
Conservative:
http://www.wsj.com
http://www.washingtontimes.com
http://www.nypost.com/
http://www.dailykos.com
Liberal:
http://www.nytimes.com/
http://www.washingtonpost.com/
http://www.huffingtonpost.com/
http://www.boston.com/
Other
http://www.rttnews.com
http://techcrunch.com/
http://pandodaily.com/
Conservative:
http://www.wsj.com
http://www.washingtontimes.com
http://www.nypost.com/
http://www.dailykos.com
Liberal:
http://www.nytimes.com/
http://www.washingtonpost.com/
http://www.huffingtonpost.com/
http://www.boston.com/
Other
http://www.rttnews.com
http://techcrunch.com/
http://pandodaily.com/
How many people work part time in the U.S.?
The latest Department of Labor employment survey counts roughly eight
million Americans who want a full-time job but are stuck in a part-time
holding pattern.
Friday, February 22, 2013
Wednesday, February 20, 2013
How smart do they think we are?
How smart do they think we are?
China subsidizes companies to produce and sell cheap manufacture.
U.S. subsidizes people (welfare and entitlements ) to buy that manufacture.
China subsidizes companies to produce and sell cheap manufacture.
U.S. subsidizes people (welfare and entitlements ) to buy that manufacture.
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