Monday, March 11, 2013

The average two-income couple in America pays roughly $110,000 into Medicare over the course of their working lives.

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.

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. 

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/

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

How much does the U.S. government spend each year?

The government spent $3.538 trillion in the fiscal year that ended in September 2012.

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.