http://www.eurointelligence.com/article.581+M5b5ae837605.0.html
Medicare -
http://www.news-medical.net/news/20100301/Medicare-cuts-to-doctors-payments-go-into-effect-today.aspx
Volcker -
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7047420.ece
Mortgages -
http://www.housingwire.com/2010/03/01/a-dark-day-for-the-mortgage-industry/?utm_source=rss&utm_medium=rss&utm_campaign=a-dark-day-for-the-mortgage-industry
Duration : 0:7:35
March 5th, 2010 at 10:12 am
@opzoutenAUBnugraag …
@opzoutenAUBnugraag
germany also raped greece and other countries. reparations are in order.
March 5th, 2010 at 10:12 am
Can you imagine how …
Can you imagine how the price of marijuana would plummet if it were legalized? Then, of course, the current prices could be maintained through TAXATION !
March 5th, 2010 at 10:12 am
Congress can lift …
Congress can lift restrictions on Insurance companies competing. Right now as it stands you can’t get Blue Cross Blue Shield in some states because of the laws now on the books. This restricts competition and if that happens then prices will not go down. The system is rigged and congress is behind it. They have the power to lift restrictions on insurance companies competing in all 50 states. It’s like the drug dealers not wanting Marijuana legal because the prices would plummet.
March 5th, 2010 at 10:12 am
mystic utubes …
mystic utubes captions are not following your words
March 5th, 2010 at 10:12 am
Planting trees… …
Planting trees… very nice.
Most of the snow/ice piles over here
have been rained and melted away.
Had a lovely and brisk go at the forest
today. Ahhhh, Spring is on the way!
Enjoy, Nick!
March 5th, 2010 at 10:12 am
and maybe Germany …
and maybe Germany has to help, because its banks loaned a lot of money to Spain, Greece, Island and such.
March 5th, 2010 at 10:12 am
Hello Nick
Ah, …
Hello Nick
Ah, you’d be talking about that bread stuff, now is it the bankster kind of bread? Or the stuff they make from lots of dough, then put in one of those things that’s hot to crisp it up a bit?
Personally, I don’d do bread so don’t make toast. Is that the right answer? Cheers
March 5th, 2010 at 10:12 am
A fuse has been lit …
A fuse has been lit, and we are amuseing ourselves watching the little sparks and smoke come from the fuse as it burns. Can’t wait till it reaches the firework itself.
March 5th, 2010 at 10:12 am
“German Nazis are …
“German Nazis are still alive”
So the childern and grandchildren have to pay for what theparents/ grandparents have done.
They tried that, with the treaty of versailles after the ‘great war’ (”the war to end all wars”).
Did not work too well.
March 5th, 2010 at 10:12 am
Indeed! Have a …
Indeed! Have a great day, Nick. I want videos. If I promise not to make one back, will you accept that as a bribe?
March 5th, 2010 at 10:12 am
Yeah-that’s the …
Yeah-that’s the modern day mortgage industry business. Making money by earning interest on a 15-30 yr home loan is not in the business plan–the business plan is, make money on loan fees and then securitize the loan and sell it to a pooled retirement money manager or somebody. A lotta lenders won’t fund a loan anymore unless they have an investor (ie customer ready to buy the loan) locked in up front.
It could be Chase doesn’t even hold your loan anymore. They might just “manage” it.
March 5th, 2010 at 10:12 am
Sure, I pay them …
Sure, I pay them $4700 so that they can keep paying me 1% on my 140K deposit and keep a “high quality” 4.5% mortgage. That’s too one sided.
Chase will have to loot their share of me from the money congress extracts in taxes or from the loans they make with new $ that ultimately devaluates my $.
No. I don’t think so. I think I’ll just take my money off this table and move on to a different one.
The quality of their portfolio will only drop slightly.
The smart money still has options.
March 5th, 2010 at 10:12 am
There is another …
There is another option. You can use today’s income to pay for today’s expenses. Then, if you still have money left, pay old bills and interest on old bills. It is a foolish person (or country) that pays on a credit that is overdue instead of paying their current rent. That is how you end up evicted. A good credit rating means nothing when the cops are watching your stuff be put to the curb.
March 5th, 2010 at 10:12 am
G, “No investor of …
G, “No investor of sound mind would bail Greece out now”.
Well that maybe true……..but doesn’t exclude EU leaders.
March 5th, 2010 at 10:12 am
You deserve a calm, …
You deserve a calm, quiet day in the garden.
Thanks for sharing.
March 5th, 2010 at 10:12 am
Hello Dave,
How do …
Hello Dave,
How do you make toast?
March 5th, 2010 at 10:12 am
BIACWTL,
Yeah, but …
BIACWTL,
Yeah, but not a bad offer by the Chasers, eh?
March 5th, 2010 at 10:12 am
zen,
I/We have got …
zen,
I/We have got a dozen fruit trees planted in the last two days.
I will do a video when the wind goes away.
March 5th, 2010 at 10:12 am
Without a change to …
Without a change to the existing system, the “Government” has the choice to:
1. Borrow the money
2. Increase taxes
3. Print the money
4. Wage war & steal wealth
You can only squeeze a turnip so much … no matter how much that turnip loves dear ‘ole Mom … or “Dad” for that matter. Something has to give … and demanding for the “government” to fix “it” ain’t gonna work when there’s nobody willing to lend and there’s no margin left to tax or print.
To the winner go the spoils.
March 5th, 2010 at 10:12 am
No such thing as a …
No such thing as a “No-News Day” these days. Greece has been in default approx 100 of its 200 years since independence. Do they learn? No-govt spending is scooting UP as default looms. 1/2+ of GDP is govt spending-and govt workers are out striking rather than working & so govt can’t produce timely & supported #s for their financials. No investor of sound mind would bail Greece out now-so if its rescued it can only mean one thing–money experts now view irrational fiscal policy as our only hope.
March 5th, 2010 at 10:12 am
Sure, lots of old …
Sure, lots of old people are dumped and abandoned or have no living children to care about them. But, most people have a relationship of some kind with their living parents and do still love them. When Mom loses her home and must be taken in and provided for (often causing disruption to the young family) the young people are going to get up in arms and insist that the SS be continued no matter how the government finances it. They will not stand for it being discontinued when it is their mother.
March 5th, 2010 at 10:12 am
Well, I am from the …
Well, I am from the baby boom generation. For some reason, I am not too worried about it. Either they keep sending the checks or our kids will have to take us in and provide for us in their homes instead of in places of our own. Or, they will see their parents die in want on the streets. They won’t let their own parents die on the streets and they sure as don’t want us living in the homes they support (they don’t mind living in ours). So, they will pay for us to keep our own places some way
March 5th, 2010 at 10:12 am
Just wait another …
Just wait another 10-20 years and see how your example plays out for the baby boomers.
“We’re screwed” takes on a whole new meaning.
Under the current system the baby boomers will never live the standard their parents currently enjoy … no matter how dismal it seems.
March 5th, 2010 at 10:12 am
You can also add …
You can also add $26 for Medicare part D if you have that. It pays a portion of drug costs but far from all of it. Good luck making ends meet if you have 5 or more medications. If you have less than $1500 a month for retirement or must pay rent or have a car payment, or need any kind of repairs or maintenance, you’re screwed.
March 5th, 2010 at 10:12 am
I’m trying figure …
I’m trying figure out whether the main export product of Europe these last 10 years has been the Euro itself.
Greeks and Germans in financial war? So what happened to that European unity then? Looks like it’s going, going, gone, before you can say, Bosnia.