Disclaimer

Prefix: The Legal Stuff: All opinions expressed in this blog are mine and may have been previously disseminated by me either accidental or knowingly. My opinions are just that my opinion, and should not be relied upon as such. Past performance of a stock or fund is not indicative of future results. No guarantee to any specific outcome or profit is meant or implied. My investments or strategies mentions in this blog may not be suitable for you and you should make your own independent decision regarding them. My material does not take into account your particular investment objective or objectives, financial situation or needs and is not intended as a recommendation appropriate for you. You should consider seeking advice from your own investment adviser before making any purchase or investment. I am expressing opinions; I am NOT inducing you to make a particular investment or follow a particular strategy, but only expressing an opinion. I am doing this mainly for my children and friends, you are reading this with my permission. I change my mind and opinion and will do so without notice, you need to be aware you have real risk of loss in following any strategy or investment. You may get back less than you invest, negative return or loss. I want you to use what I have learned and make independent decisions regarding investments or strategies I mention before acting. You always need to consider whether it is suitable for you and your particular circumstances.

Tuesday, August 28, 2012

Part II GOP Half Truths, or Falsehoods


Don’t Get Fooled Again Part II
In review you now have 5 stocks.  Consolidated Edison Inc. (ED) or another utility, Kraft Foods Inc. (KFT) or another food stock, Eaton Corp (ETN) or another industrial stock, and U.S. Bancorp (USB) or some other financial (Bank) stock of choice.  Last pick was an oil or gas my recommendation was Chevron Corp (CVX) but any oil sector stock would do.  Remember you can own any stock in the sector not the one I recommend.

By the way have you have you purchased your 5 stocks?  That is the purpose of this blog.  Moving myself and readers from the ones who have to wait to get trickled on, to the position of being the ones letting money slip through our fingers because we have so much.  After you have your first 100k invested you should have 4k of annual income by dividends.  If you are not paying off your debt and saving for your own move into the upper classes, why read?

This is in response to overwhelming demand why voting for your own class is what you must do?  Please understand the Bail Out worked.  If all the Money Center Banks and the auto companies and auto parts companies would have gone bankrupt then we would have been in the Great Depressions Part II.  Almost all the taxpayer money has been paid back at a profit.  The criminals on Wall Street should have been thrown in jail, and a claw back of the bonus monies and salaries they got while turning the economy into a casino.  Did not happen but they are rich and the rich never go to jail.  Vote for the president not the GOP who are blocking the economic recovery.

The stimulus worked.  It did not get us back to the healthy economy we want but it increased the GNP by 2 to 2.5% and kept (not created) 2 million Americans in work with jobs.  Read this book if you don’t believe me.  http://news.yahoo.com/blogs/power-players-abc-news/did-800-billion-really-buy-country-112720315.html 

The middle class has been crushed by Romney type budgeting fantasy.  Making no mistake the Romney / Ryan  will do wonders for you if you are one of the upper 5%.  It will continue to crush the middle class though.  A society is defined din history by how it treats its most valuable members. The GOP is not doing the right Christian thing.  Ana Rand’s philosophy is the diametric opposite of Christianity.  http://www.latimes.com/business/money/la-fi-mo-middle-class-20120822,0,4728951.storyhttp://www.examiner.com/article/middle-class-shrank-income-declined-during-the-last-decade http://www.indystar.com/article/20120825/BUSINESS/208250303/Middle-class-share-America-s-income-shrinking?odyssey=nav%7Chead
Seems the GOP are not telling us the truth.  http://news.yahoo.com/most-americans-rich-dont-pay-enough-taxes-160833705.html   Why is this all so they can lower their taxes?

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