Yes, it's true.

Bulls & Bears

This past week's Bulls & Bears: Gary B. Smith, Exemplar Capital managing partner; Pat Dorsey, Morningstar.com director of stock research; Tobin Smith, ChangeWave Research editor; Scott Bleier, HybridInvestors.com president; Charles Payne, Wall Street Strategies CEO; Laura Schwartz, White House Strategies principal, and Peter Schiff, Euro Pacific Capital president.

Trading Pit: The "Real" War Against America's Middle Class

If you listen to some reports, the middle class has never had it tougher. But holiday sales — ringing up a very merry season. Home ownership — at record numbers. And the stock market—much of it owned by individuals — trading at an all-time high. So if all that is true, who's "really" waging war on the middle class?

More detail follows if you care to look...

Bulls & Bears

This past week's Bulls & Bears: Gary B. Smith, Exemplar Capital managing partner; Pat Dorsey, Morningstar.com director of stock research; Tobin Smith, ChangeWave Research editor; Scott Bleier, HybridInvestors.com president; Charles Payne, Wall Street Strategies CEO; Laura Schwartz, White House Strategies principal, and Peter Schiff, Euro Pacific Capital president.

Trading Pit: The "Real" War Against America's Middle Class

If you listen to some reports, the middle class has never had it tougher. But holiday sales — ringing up a very merry season. Home ownership — at record numbers. And the stock market—much of it owned by individuals — trading at an all-time high. So if all that is true, who's "really" waging war on the middle class?

More detail follows if you care to look...

Holiday sales? You mean credit card purchases? Great for stockholders, but how about the poor schmucks who are hoping to find a way to pay for this later? Maybe they can get one of those minimum wage jobs at the mall...the ones with no insurance benefits.

Home ownership is at record numbers...and so are foreclosures. http://www.bizjournals.com/birmingham/stories/2006/12/11/daily7.html?from_rss=1

I already SAID my stocks were doing fine. But I invested (small amounts) in companies that I felt would do well and they have paid out 85% in the last two or three years. I got VERY lucky. And, while the percentage is good...the amounts are tiny. I know a lot of people and I only know one day trader (he doesn't like that term) who really counts on his skill in stock trades to produce income. My GREAT results in investments netted us whopping 1% increase in income for the year.

I read a lot. I read my local paper, the Wall Street Journal, and USA Today, every day. I subscribe to Newsweek and Reader's Digest, and I watch CNN. I also belong to many online forums.

I first read Sureya Sayadi's article in conjunction with the CodePink movement - something that caught my eye because of its obviously feminist core.

Here is an address where those who are interested can connect to local newspapers throughout the globe. I sent it to a friend of mine who lives in San Francisco some years ago. He had been complaining about the news sources that were available to him being too caught up in the American world view. http://mypage.bluewin.ch/a-z/cusipage/allpaprs.html

I hope I got this address right. I am blonde, ya know.

Yup, I tried it out and it works so go ahead and enjoy.

On a related note, you might be interested to hear that my friend who lives in Germany receives CNN there. She receives the Euro version and she claims that this is very different from the American version. It is, she says, less strident.

I already SAID my stocks were doing fine.

Mine, too, Sue, but my portfolio, which today is worth less than $200,000, was valued at $311,000 at the end of 1999.

Please excuse the redundancy in the above two replies. While Carlene and I do not agree on everything, there are SOME issues that almost defy disagreement.

As Tigger says...GMTA (great minds think alike). Well....sometimes.

Mine, too, Sue, but my portfolio, which today is worth less than $200,000, was valued at $311,000 at the end of 1999.

We should have gone with Raytheon and Boeing...

just kidding

We should have gone with Raytheon and Boeing...

just kidding

At least I didn't buy Enron, or even MCI. I did buy Lucent at $25.00 when it was an IPO. Bad move. Should have gone with Google instead.

This is one of the major "if I could know then what I know now" issues. We did buy Lucent. Ouch. My great uncle was their high up accounting something or another... either CFO or something right below it. Double ouch. Then his house burned down. Triple ouch.

Wish I'd invested in Google too, but at the time altavista DIGITAL was the buzz.

Porn is a sure thing. When Mantra Films becomes publically traded, I'm there. :biggrin1:

Man, I tell you what. I wished this thread would just fizzle out. I definitely have learned one thing that some people have WAY TOO MUCH TIME ON THEIR HANDS!!!!!!!!!!!! WOW

Man, I tell you what. I wished this thread would just fizzle out. I definitely have learned one thing that some people have WAY TOO MUCH TIME ON THEIR HANDS!!!!!!!!!!!! WOW

And the reason this bothers you is?????

One thing I have learned is that people NEVER think someone else has too much time on their hands, unless they don't agree with them.

I don't have a lot of time on my hands. But I make time to voice my opinion. Our voices are one of our greatest assets and, like soap, should be used daily. And I never criticize or condescend someone else for doing the same. It's pretty ironic that you took the time to post that people have too much time to post.

I wish Bush would fizzle out. Into non-existence. Wishes never come true for me.

I post here instead of eating.

I watched BBC when i was in Asia in March, and it is amazingly informative as is CNN overseas. I still like BBC here, but it's pretty watered down for us. I also like Amy Goodman.

I bought eBay. Booooo. Should have bought Halliburton, but couldn't bring myself to do it.

I bought eBay. Booooo. Should have bought Halliburton, but couldn't bring myself to do it.

Good for you, Betsy. My son works for them (KBR, actualy) and has been to Iraq for them twice, and I have to say that they have treated him very fairly, but I still have major issues with Halliburton.

Porn is a sure thing. When Mantra Films becomes publically traded, I'm there. :biggrin1:

I agree, even though I hate to admit it. But some really high dividends will salve my tight-ass Christian conscience. I can give more to the church, right?