“He supports a fellow millionaire, who's claim to fame is giving out billions of tax payer dollars to banks in the TARP program under Pres. Bush, and who's plan to to save California(if it really needs saving) is to cut the taxes on the rich - which Issa is one of. The one percenters seem to stick together.”
“All of a sudden Dorchester Collection CEO Christopher Cowdray is concerned for the well being of his low paid workers in Hotel Bel-Air. He was not so concerned about a year ago when he fired all the unionized workers, and hired a bunch of scaps (the curent work force) at much lower wages and benefits.”
“The reason why Republicans don't have any plans is they can't. There positions are mutually exclusive. You can't have health care insurance with no preconditions - a position they say they support, without having a single payer government plan, or private plans that require a government mandate. Positions they oppose. With out a government mandate and no band on pre conditions, nobody would get insurance until they're sick. Why should you, it doesn't make economic sense to pay for insurance if you can get it after your sick. For the Insurance companies it would be untenable, the only people buying insurance would be sick ones. They would have to charge astronomical rates, no one could afford or go out of business. Economically the Republican health care positions make no sense and they know it.”
“People think the Hispanic and Latino population has one big monolithic group. It is quite a diverse group with Mexican-Americans and Latin American-Americans having nothing in common with Cubans, other than they may speak the same language. A large group of Central Americans fled Right Wing Death Squads. In fact as you mention the older right wing Cubans don't have much in common with the younger more liberal Cuban-Americans.”
SPAIN62 on Apr 11, 2014 at 19:29:50
“Exactly, and the Spanish that is spoken is diverse, with different dialects. For example I'm from Spain, where as you know the term “Hispanic” originated from, and there we have different dialects, the same can be said about all of Latin America. Different dialects, cultures, races, histories, etc.”
“Some time ago in High School I saw a film about the American Revolution, they quoted some famous philosopher (I forgot who) who said my freedom goes as far as the next guy's nose - we all have heard it. There is a big difference speaking out against gay right, or Jews, or Blacks, or Ukrainians or whoever, and actively denying them their rights. Support of Prop 8 was not free speech it was denying gays their constitutional right to marry whom they loved. It was a punch in the nose.”
“Goldman Sachs economist have actually been pretty much right on. They didn't fall for the 'Expansionist Austerity' dictum or any of the Conservative 'Voodoo' economic theories. The people they advise have money, lots of it and they don't want to loose it. So while Fox News and other conservative media dishes out the propaganda, for the rich they wants to know what really is going on so they can invest based on reality. Occasionally the rich believe their own propaganda and end up losing lots of money, like when PRIMCO thought hyper inflation was coming and started buying bonds.”
“I would agree, but there always are exceptions and deferments. I'm white and have a middle class background and none of my friends where drafted (some joined the Navy or Air Force to stay out of harms way) in Vietnam. A friend at work who is black and working class knew a lot of guys who will killed and wounded.”
“One reason I like British TV and Movies. You have Actors (both Male and Female) who would never get the leading Man/Woman part in an American Production. Is that why they win so many awards?”
RT Castleberry on Jan 29, 2014 at 11:57:46
“Yes, because Julie Christie and Daniel Day Lewis are hunchbacks, right?”
Gary Tucker on Jan 28, 2014 at 20:58:41
“of course also having numerous quality shows that have seasons (series) of just 4 to 8 episodes a year, year after year, allows for more work and exposure for all. Love British TV and Movies as well.”
Kitchen Mike on Jan 28, 2014 at 20:44:55
“Britain is a homely country. The fog and chill and pease pudding and such.”
“Saving = investment? Not in an economy stuck in a liquidity trap, not when banks and companies are sitting on loads of cash but see no reason to invest it because they have excess capacity and there is no demand for their products. Your right in that low interest rates favor the debtors (people who have mortgages, car loans, student loans, and credit card debt – basically the middle and working class), over the rentiers (banks, finance companies, bond holders – basically the 1%) who own the debt. Why else would the Republicans be so opposed to the Fed’s policy of low interest rates? No seniors should not have to rely on risky investments – that’s what Social Security is for. It should be expended not cut. Also remember pensions? Right now a wealthy person can put aside millions of dollars in an IRA for their early retirement, while the working and middle class work must work until they’re 70+ while putting a meager sum in their risky 401K. The main problem facing the US and its middle and working classes is high unemployment and stagnant wages – increasing demand by discouraging saving is one of many ways to fix it. The middle class losses when they believe policies that enable the rich and harm them are in their best interest.”
DanMasterPlan on Nov 23, 2013 at 02:40:52
“Not to mention the new subprime has transferred into auto loans with low credit scores and nearly no money down which are securitized and sold to investors. As long as interest rates remain low, equities will rally, corporate profits will be high (at the expense of labor and stock buybacks which juice EPS) while sales and free cash flow have been dismal. Margins have been on the back of low labor compensation and high productivity out of the smaller labor forces they have learned to deal with.”
DanMasterPlan on Nov 23, 2013 at 02:38:56
“And I agree most welfare is granted to corporate welfare in the form of subsidies and lower tax rates and loopholes. However, they are the largest campaign contributors to politicians.”
DanMasterPlan on Nov 23, 2013 at 02:37:41
“I agree what is needed is fiscal stimulus. The only way in which the Fed can stimulate the economy is through asset markets which disproportionately affect the wealthy at the expense of labor as most labor depends on savings accounts interest income for consumption and interest income to be able to one day afford to buy an asset whether it be an equity or home. Wall St has priced out the retail marginal buyer of equities by draining interest income which leads to investment and consumption for the lower classes and have priced them out of the market. Same goes for housing, most home sales have been cash sales by Wall St and mortgage applications have been going sideways since 2011. We are no longer in a monetary problem, QE policies are a redistribution policy that widens income inequality and benefits capital at the expense of labor.”
DanMasterPlan on Nov 22, 2013 at 01:40:38
“Actually you aren't increasing demand by discouraging savings all you are accomplishing is for those to put their money into risk assets into the financial economy and not into the real economy. Those that rely on interest income, the bulk of the population, are now deprived of that money that they would use to spend it if was there, and they are the ones with the largest marginal propensity to spend. And those that would rather save, the rich and capital owners, are seeing their asset appreciate to the stratosphere. But keep buying what the banks and corporations are telling you. The ones that are benefiting directly from these policies. IF you think they are going to suffer at the expense of the middle class, I feel bad for you.”
DanMasterPlan on Nov 22, 2013 at 01:37:23
“Oh right. I forgot it's the middle class who is getting helped out here with higher wages to pay those debts off. It's the middle class who owns all the debt to themselves right. It's their assets that are appreciating right? Sure. It's not like bond prices have skyrocketed as well as every other asset class.”
“All you GOP free marketers that are complaining about how low interest rates hurt savers. Why should someone who takes zero risk by parking their money in tax insured saving account make money? Yes they should be forced to invest in the Wall Street casino. What’s all this talk about risk takers and moochers – people in saving account insured by the government are a bunch of moochers – not willing to take any risk to make money. Why should we support them? But the Republicans are really not concerned with this group of moochers who may have a few thousand in a CD. Who they represent are people with millions in bonds and dividend yielding low risk stock, who want to make money without any (or very little) risk.
Summers also has another idea that has been promoted by a lot of Economists that is to raise the inflation level. This is basically doing the same as a negative interest rate, but not as politically as hard to achieve - if the real interest rate (interest – inflation) is below zero it cost money to let you money sit. Japanese Prime Minister Abe is trying to do this with his Abenomics.
DanMasterPlan on Nov 20, 2013 at 20:38:22
“Really? Savings = investment. There is always risk, some people chose not to take that much risk and are rewarded appropriately. Should seniors be gambling their funds in high yield debt markets? Absolutely not. The risk is too large even though the rewards are higher. And there is a need for safe assets because that is what all other assets are priced off of: the risk free rate. When the Fed decides that is it going to reward one group of people, debtors, over another group that has been more responsible, savers, it is basically bailing out those that made careless decisions and forcing those that rely on interest income, which is a form of consumption for the economy, to bid up risk asset prices and retrench since they no longer feel safe in those assets or they stay parked in safe assets and earn a negative real rate. It is also a huge redistribution of wealth as those that rely on interest on bank accounts and savings (labor) earn negative real rates and those that own assets (capital) get subsidized. It also provides a Fed put on the market which allows leverage to grow to very high levels all backstopped by the Fed. The problem is the middle class always loses because the high roller banks know when to get out before the middle class does and was forced to.”
“No, because the Republican in Congress refuse to use Fiscal Stimulus – like spending money to build interstructure or give aid to the states to keep teachers in the classroom and other needed services going, (we have people here complaining about giving food aid, and aid to the disabled in time of high unemployment) the only thing left is for the Fed to try Monetary Stimulus. Keeping interest rates down so people take out loans to buy homes and autos. And maybe businesses will take loans out to invest, but with Interest Rate near Zero Percent, and little demand there is only so much that Monetary Stimulus can do. If Fed had done nothing – like the Republicans wanted - we would still be in the rescission if not a depression. Economic 101”
atronetti on Oct 18, 2013 at 14:55:57
“But that is what they wanted. The GOP needs Obama to fail, which means that the economy must fail. Rush Limbaugh at least was honest on that point: He said he hoped Obama's policies would fail (i.e., fail to help the economy and people). If the country prospers, the GOP cannot regain the White House and the Senate. So, don't look for their policies to help us at the moment.”
“I know conservatives are not the brightes lights, but did you think that all 300 million americans should work? Kid under 18 (73 million), adults older than 65 (43 million), Stay-at-home moms/dads (48 million), Armed Forces (2.5 million) leaving 151 million workers, subtract another 11 million out work bring the number to 140 million - out of that 114.4 million that are employed by the private sector. I didn't subtract the millions of Police, Fire, Transportation and other essential goverment employees that are need to make the US economy work. Numbers out of context make are usless”
“For all you right wing defenders of Whole Food and against Goverment Regulation. The argument is it "Natural" and just Citronella Oil. Well is the warning from WebMd:
Citronella oil seems to be safe for most people in the small amounts found in foods. It’s UNSAFE when taken by mouth in large amounts.
Citronella oil seems to be safe for most people when applied to the skin as an insect repellent. However, it might cause skin allergies in some people.
It’s UNSAFE to inhale citronella oil. Lung damage has been reported.
Special Precautions & Warnings:
Children: It’s UNSAFE to give citronella oil to children by mouth. There are reports of poisoning in children, and one toddler died after swallowing insect repellent that contained citronella oil.
Pregnancy and breast-feeding: Not enough is known about the use of citronella oil during pregnancy and breast-feeding. Stay on the safe side and avoid use.”
highstreet on Sep 12, 2013 at 20:58:20
“Great. We aren't feeding anyone insect repellent.”
“Some wood can be quite poisonous, and others that may be ok with some people others could have severe allergies too. Just because something is “Natural” does not mean it is harmless. How many people died from peanuts – quite a few.”
highstreet on Sep 12, 2013 at 21:09:51
“Thanks. Please point out one ingredient that is dangerous as a topical agent, since all these products are topical, not ingested.”
“So let’s see its ok for a business to sell whatever it likes, even if it kills people. This is why we need government regulations. When a Company is claiming to be a "Health" store, but is in fact selling dangerous products the government needs to step in. Every time you free market type defend companies that are selling unsafe products (if enough people die, they may get sued), just strengthens the case for Government regulations. If you like a market where you can sell anything, move to China.”
highstreet on Sep 12, 2013 at 21:04:06
“No one is selling whatever they like.
These are herbs and oils pressed from plants, also sold as supplements over that counter in health food stores across the country. They aren't unknown chemicals that might be dangerous.”
MAK1111 on Sep 12, 2013 at 20:15:57
“I know companies make alot more money when they kill people,”