Joyful Alternative

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    • Mon Dec 1st 01:04 AM
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      Rating: 0 0
      Commented on:
      How Wall Street Has Failed the Individual Investor
      Thanks, bosun. I'm not stressed out, at least not for myself. I've been self-employed for a long time. I lost a long-term big client last year, when it was bought out by an Indian company and moved there, but I hustled and found two small clients to replace it. I should be OK through the turmoil, if not thriving. And my link shows my personal retirement business I've gotten underway, to have fun and pay the utility bills.

      But all these other people are in dire straits, and I'm my brother's keeper. All these jobless people are troublesome, and things will be worse before they're better. Today I advised someone to go to the foodbank until he finds a full-time job, and he said he already does.
      View article »
    • Sun Nov 30th 12:23 PM
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      Rating: +1 0
      Commented on:
      How Wall Street Has Failed the Individual Investor
      Jimmy, what sort of jobs do bring with them job security? You say IT, HR, and real estate sales don't, but what careers do? When Citi is peeling off 53,000 employees and every other corporation is doing the same, what is secure? Even government employees are being laid off!
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    • Sun Nov 30th 08:44 AM
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      Rating: +4 -3
      Commented on:
      How Wall Street Has Failed the Individual Investor
      That's the "ownership society" we've been sold, aka yoyo (you're on your own).
      View article »
    • Sat Nov 29th 08:55 AM
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      Rating: 0 0
      Commented on:
      Book Review: The Decline and Fall of the British Empire, 1781-1997
      Is the book better than the blurb? I ask, because the loss of what became the United States was not devastating to England. Its Caribbean island colonies were much more lucrative, and the rest of the world beckoned. (See Barbara Tuchman's "The First Salute," only $2.95!)
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    • Mon Nov 17th 08:25 AM
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      Rating: 0 0
      Commented on:
      More Doom Ahead
      Sheldon Adelson financed those "Islamofascist&qu... propaganda DVDs delivered with the Sunday New York Times and practically every other newspaper in the country, and few people deserve more than he does to owe $8.8 billion.
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    • Tue Nov 11th 03:01 AM
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      Rating: +1 0
      Commented on:
      Investing in Wind Energy: When Will Growth Peak?
      JSG, in that 74-80 time period, the much-maligned Jimmy Carter put solar panels on the White House roof. Then we had Morning in America for the last 28 years.

      It's time to get to work again.
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    • Sat Nov 8th 11:04 AM
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      Rating: +1 0
      Commented on:
      The Real Unemployment Numbers
      Good point, Constructe, about all the imprisoned potheads not being counted among the unemployed.

      I want to point out how Reagan solved 10% unemployment in the early 1980s: Previously, all those in the military were in a separate category, not included in either the employed or the unemployed, like full-time students old enough to work. Reagan declared all the millions in the military to be ordinary members of the workforce who had jobs, and Voila! The official unemployment rate dropped under 9%. This bureaucratic move was little noted then or since, but I was working in that field at the time and naive enough to be shocked.

      I don't know the particulars of what's been going on since then, other than that underemployment has been pernicious at all levels for decades.
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    • Sun Oct 26th 13:44 PM
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      Rating: 0 0
      Commented on:
      John Berry: Homebuying Binge on East Coast, Too
      Real estate sales around here are "investment properties," often short sales for landlords who can't refi or wannabe flippers who wanna give up.

      Potential homebuyers are too scared or too greedy or, mostly, they have to sell their house first.
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    • Sun Oct 26th 13:34 PM
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      Rating: 0 0
      Commented on:
      Buying With What?
      Virgil, few people are prudent investors. Our author is contrasting your prudent investor against those who have available to invest only what they got by selling the remains of their stocks that crashed.
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    • Thu Oct 16th 18:44 PM
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      Rating: 0 0
      Commented on:
      Seven Stocks for an Impending Apocalypse
      Everybody and his brother is touting Mosaic. Just the other day, my shoeshine guy---
      View article »
    • Thu Oct 16th 16:13 PM
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      Rating: 0 0
      Commented on:
      Another Great Depression... Not
      Thanks, Smarty, for showing the data I was too busy (lazy) to find. If you add in the changes Reagan made when the official unemployment rate exceeded 10%, that rate could be higher. I remember the era well, as the feds started outsourcing like mad.

      Axelrod, an awful lot of those few remaining actual family farms are Amish, with no electricity and plenty of child labor.
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    • Thu Oct 16th 12:26 PM
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      Rating: 0 0
      Commented on:
      'Free Market' Healthcare: Fix It Now, Before It's Too Late
      Mr. Steinberg, sell that UNH.
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    • Thu Oct 16th 12:00 PM
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      Rating: 0 0
      Commented on:
      What 'Partial Nationalization' Means for the Federal Budget
      But Smarty, that's still better than a pile of toxic debt!
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    • Thu Oct 16th 11:38 AM
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      Rating: 0 0
      Commented on:
      Another Great Depression... Not
      I wonder what the comparative unemployment rates would be if they were calculated the same way in both eras; e.g., active-duty military have been counted as employed persons only since the 1980s.
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    • Tue Oct 14th 09:25 AM
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      Rating: 0 0
      Commented on:
      Welcome to the Google Economy
      jonbob, I got a mortgage earlier this year, and 3 months later, the same bank solicited me for a HELOC! There's been way too much credit floating around.
      View article »