SeniorJunior

I Admit It… I’VE TRADED OPTIONS Therefore I’m the worst kind of gambler . Now, before I get into excessive breast beating and teeth gnashing, let’s face it, EVERYONE WHO “INVESTS” IN STOCKS is gambling. That money you put in General Electric or General Motors or General Mills, etc. does NOT go to those companies. It goes to whoever sold that stock, plus a slice of it goes to the brokerages involved. Typically, not a penny goes to the company on the stock certificate. The companies don’t do more R&D, buy more equipment or hire more people because you “invested” in them. So you are not investing in American industry, you are just gambling that some other sucker will pay you more for your stock than you paid. Or – more rarely – that the company represented by the stock will dole out some of its profits as dividends to you as a stockholder. We all believe that buying stock is better than playing roulette because we make more i...

              Poland to buy 250 M1 Abrams tanks from US             General Dynamics Gets the Biz Heavy, I am. 62 metric tons And mean? Man, I'm mean. The State Department just approved the $6 billion sale, because of the "deteriorating situation" in Poland's neighbor Ukraine. No wonder the stock market is ambivalent about the costs of war. A long read on the Abrams ON THE "PRODUCTIVITY" OF MILITARY GEAR PURCHASES.

One Big Plan, Man Bollixed: The Current U.S. Health Care Situation: Our private, mostly unregulated, profit-driven insurance system guarantees by its very nature that millions of citizens, many who are highly productive workers, are either uninsured or under-insured. This situation cannot be improved significantly without eliminating private health insurance as the primary form of healthcare financing. Adding approximately 30% to the cost of healthcare (that's about $300 BILLION A YEAR!) private health insurance is parasitical in that it helps only the owners, stockholders and employees of the insurance companies and does essentially nothing to improve health care. Converting from private health insurance to Single Payer Government Insurance - "Medicare for All" (MFA) faces formidable hurdles, which are addressed in this plan. Hurdles. (I'm talking high hurdles, track fans.) The private health insurance companies are an immense po...