Mistake after mistake!
Time to recall the ideas of big manufactures were encouraged to move to china for profit's mass. That was from Bill Clinton administration. Then house is affordable to everyone was from George W. Bush administration. Now all Americans should have health coverage from Mr. Obama.
These ideas were not bad, but why they were failed to succeed as the last once could be repeated ?
The first failure because of we failed to form other stable sector from the once we removed. This empty space was used to fill with unstable dot and services. Clinton was very lucky he did not pay for that mistake, but W. Bush got it all.
Bush idea was not too bad if most Americans had stable jobs with strong long development growth. Unfortunately, he did not know what was going on around him.
Now, all Americans are placed in health reform bet. The idea is not bad, but the proposal structure is.
The first thing we need to do in health reform is to ask ourselves the basic questions: Is the cost we currently pay to receive treatment too much? Are we satisfy with the treatment for every dollar we pay? Are the cost and treatment in controllable with current and later budgets?
We all see the health cost is too expensive, and we all disappoint with the services.
Why? Monopoly, cheating, and robbing are happening everywhere in health sector, from corporations to executives, and physicians.
They are definitely out of control, and our current budget can not afford to allow Obama's health reform proposal structure by injecting more money into an uncontrollable dark hole.
In order to achieve the health reform idea successfully, we first need to organize this sector free of frauds, and organize them systematically. Since fraud is limited, then the cost and service are in equilibrium. Then we can mass out its volume to lower cost.
With current economy and budget, we can not afford to mass it out unless other sectors are also in special reform with new invention tools.
We all know he wants to have a best drive to accelerate the economy out from recession. Sorry, a bad design bike can not drive you up fast.
As weekend comes, I list here a simple mark to help us exercise our logic thinking,
Nang saigon

Cần XâY, SửA ChữA Shopping, Apts, Nhà, etc..

Cần xây, sửa chữa shopping, apartments, office buildings, nhà, warehouses, van van....
Hay qui vi cần, Muốn Kiếm Thêm Tiện
Nếu quí vị có biết ai cần, xin cho biết.
Kinh nghiệm trên 10 năm,
Trên toàn nước mỹ, và thế giới.

Want to look for more income.
1k-10k + per month.

Công việc nhẹ nhàng, giờ giấc thoải mại
Bạn có thể làm ở nhà hay tại văn phòng ban.
Full time, part time.
Residual Income
*Công ty đã có trên 3 năm và đang phát triển manh.

Xin vui lòng liên lạc lại email: audreytr2@yahoo.com.
Diện thoại 832 - 798- 3059

Xin Cám ơn.
We love referral

WHAT TO DO is the common question every of us have in mind now.
A few know what to do, but no one listen to them. The rest does not know what to do, but pretends to get paid to keep the seats.
Are we tired of facing that common?
I don't know how to relieve your stress, but would like to help you seeing where the economy is. Then you can plan your works safely.
At the beginning, we need to ask what has happened to Obama's stimulus which was used as a promise to stop the economy shinking down and can also create more jobs? If I remember correctly, he and his economic team claimed they have successfully leaned the financial crisis out from collapse and turn the economy a way from recession. Then they compared its identical destruction to the worse depression and took credit for the works.
In 1930, the country did not have current inference system which is all global interaction. That was the reason why it got worse.
Today, we have the best system, that prevents (not solve out) collapse in financial sector counted on global monetary interaction.
How much jobs did he and his team have created since the stimulus got approved?
With 9.8% now, and 10% in Jan 30?
Is the economy shaping in V, W, or rolling Z capital letter?
We know is not V, or W, but more likely in Z. But where are we in Z shape? Not top for sure. Are we in the bottom? Nope! Not there yet, base on current works and plans.
Now, we get the answer for what to do.
Hope everyone have less stress week coming,
Nang saigon

Nang Saigon,

It is too late for most to make any kind of movement. This deflation will destroyed most of the wealth out there, and will destroyed 99.99% of middle class within the next few years.

Most are now praying for a recovery that is nowhere to be seen.

best thing to do is take all your money out of the banking system and hope for the best.

If you are taking all your money out of the banking system, where are you parking it at Bear?

Under my bed, bury in the back yard, and anywhere else I can keep them government from looking. LOL

I've been exchanging my US dollar to other currencies too..

Here come the dollar fate as the reserved currency....


Gold miners soar on record prices
Gold miners jump as gold prices hit record $1,045 per ounce amid weakening dollar

On Tuesday October 6, 2009, 12:15 pm EDT

NEW YORK (AP) -- Record gold prices in New York trading Tuesday sent shares of precious metals miners soaring.

A faltering dollar helped kick up the price of gold. Commodities such as precious metals and oil are often used as a hedge against inflation and a weakening dollar. A sliding greenback also makes the commodities priced in dollars cheaper for foreign investors.

Gold for December delivery soared to a record $1,045 an ounce in morning trading on the New York Mercantile Exchange. Gold prices closed Monday at $1,017.80 an ounce. Prices for silver and platinum also rose.

The dollar's fall was linked to a report in a British newspaper, the Independent, which said that secret meetings were taking place between oil-producing countries and China, Russia, Japan and France. These talks were aimed at ending the pricing of crude in dollars, the report said, and moving instead to using a basket of currencies that included the Japanese yen, Chinese yuan and the 16-nation euro, as well as gold.

The dollar sank on that report, down 0.6 percent at midday against a basket of currencies that includes the yen and euro, even though officials from several governments denied any meetings taking place. Rising risk appetite due to Australia boosting its interest rate also helped propel markets and commodity prices.

Shares of gold producers jumped in midday trading.

Kinross Gold Corp. rose $1.46, or 6.9 percent, to $22.57; Yamana Gold Inc. added 84 cents, or 8 percent, to $11.24; AngloGold Ashanti Ltd. gained $2.92, or 7.1 percent, to $44.13; Barrick Gold Corp. rose $2.12, or 5.7 percent, to $39.04; Gold Fields Ltd. was up 88 cents, or 6.4 percent, to $14.87; Newmont Mining Corp. gained $3.07, or 7.1 percent, to $46.25; Hecla Mining Co. soared 52 cents, or 12 percent, to $4.87; Coeur d'Alene Mines Corp. rose $1.64, or 8.1 percent, to $21.83; Rio Tinto PLC moved up $7.88, or 4.7 percent, to $174.56; Freeport-McMoRan Copper & Gold Inc. climbed $2.58, or 3.8 percent, to $69.84; Eldorado Gold Corp. jumped $1.21, or 11.1 percent, to $12.14.

You guys/gals talk like this situation has never happened before.


Actually it happened almost 40 years ago in the early 1970s.



Please read the link below to broaden your mind.


http://en.wikipedia.org/wiki/Nixon_Shock



The Nixon Shock was a series of economic measures taken by U.S. President Richard Nixon in 1971 including unilaterally canceling the direct convertibility of the United States dollar to gold that essentially ended the existing Bretton Woods system of international financial exchange.

Daytrad,

They need inflation, they are creating inflation, but they are failing at doing so. asset and income are both on a spiral dead. They are selling an inflation pipedream.

Sorry Mr. S&P,

things like this never happen to this country before, not even during the great depression.

http://www.youtube.com/watch?v=YmLHyBabew4

this might help some people to "open their mind" a little to what happen. you might learn a thing or two....

Here is the link:
http://economix.blogs.nytimes.com/20...-job-losses-4/
I hope a few people here spend little time to read to understand how others think.
Nang saigon.

It is almost a year from now this thread was first posted.
Now, all interested readers can check to figure out if all the main points I cited were all related.
As I said I hold to play last while watching others try to work out the problems. I have the patient to wait, but others don't have strong willing to contact.
Here is another try: http://www.nytimes.com/2009/12/04/us...s.html?_r=1&hp
Will this try work? Would the health plan work? Is the big coming social security problem worked? And are the dollar value and economic back to right track soon?
All questions are too hard to those who walk step by step in the darkness.
I can say these problems are all related and would be quickly and successfully solved in one plan. Who hold the plan?
Ask the writer,
Nang saigon

Extremely message,
Current Health Reform proposal should not be swiftly voted. If it becomes a bill, that still does not solve out the question, but might break the country a part. And whoever vote yes for it would regret later. The proposal is misconducted,and lacking of the important key which is essentially need to create a wise system reform/revolution rather than dragging a problem to another decade. Step back from the voting does not hurt any party, but might give everyone to obtain enough time to think another way to work out.
nang saigon

Unfortunately it is passed and become law. Fortunately, everyone will soon realize the number they proved us on its proposal is never met to trim its budget. There will be a lot of unexpected serious obstacles coming out.
Democrat voted for the man, not for the Americans. It is a biggest mistake.
Congratulate to Republican, someone have recently cleaned all wide ways to have you come back then win.
Nang saigon

Mr. Bearally,

For the next few years until the end of 2012, the new world order will be completed and then you will see a new chapter of humanity starting in 2013.

Here we go,
http://www.nytimes.com/2010/03/25/bu...social.html?hp
The funny question is:
What do you think if FED should hire more people to help them print out more money at home to catch up all the expense costs?


The sadness is:
Where do they get the money from to pay for current and later budgets, excepting the 2 groups must be hurt are the rich (highest tax), and poor (benefit cut)?

Nang saigon

I don't see how people are so against this healthcare reform thing. Overall, it'll benefit those who need it the most. There's already a provision in there that restricts insurance companies from denying coverage to people with existing health conditions. That in itself is a sweet victory.

If we waited for consensus from both parties to pass the bill, you can be sure that no bill will ever pass. In terms of paying for the bill, isn't it clear enough how the bill is expected to be paid for? . . . i.e. - additional taxes on the wealthy and superwealthy. I am not too fond in singling out these groups and ushering in a socialist agenda, but I do feel that this is a much needed start to an already broken healthcare system we already have.

And so the FED prints out more fiat currency to pay for this. Nothing new there. So let China buy our currency and indirectly pay for this.

Since you said so, then I must tell you a few simple things that do not work right.
I know everyone should have the health coverage, and must be guaranteed with no excuse to deny for whatever condition that person is.
But government requires everyone must have health insurance, and it will pay for whoever can not afford it is the big problem.

You should guarantee when you have enough money in your wallet, or at least make enough money to pay all the bills.
With current panic income, that is absolutely unwise.

Since the government is backing up to pay the service, the health provider have to play with the fees.
And the cost the gov pay them in exchange for providing service is cheap. Then providers have to make up the accounting number to meet profit or offer cheap service at cheap cost. You can now see the problem the providers are going to create.

Why not have the private players to control and guarantee this unlimited expense! To encourage the private players step in, you have to invent a new way for the money flow, so you don't get cut but still sharing the profit. It is very easy!
Timing and flowing are very important.


nang saigon

I don't think I understand what you are trying to get at. Maybe an example with some numbers might help. But theoretically, more people in the insurance pool means more folks to spread the risk. And if insurance companies/businesses are against this, then there's a good chance that the benefit goes to the people. The details haven't been hammered out yet, so we will have to wait and see how this is setup and what effect it will have on prices for consumers, profits for the industry, and taxes for the American people.

Please explain how the one that needed the most will get it?

how about this? I will not deny you insurance but i will make it so expensive that you can't buy it anyway?

Where does it said tax the wealthy and superwealthy at? an extra 4k a year if you make over 1 million?

Here are some that i was able to pick up after reading that scam..

COST: $940 billion over 10 years, according to the Congressional Budget Office.

HOW MANY COVERED: 32 million uninsured. Major coverage expansion begins in 2014. When fully phased in, 95 percent of eligible Americans would have coverage, compared with 83 percent today.

INSURANCE MANDATE: Almost everyone is required to be insured or else pay a fine. There is an exemption for low-income people. Mandate takes effect in 2014.

INSURANCE MARKET REFORMS: Major consumer safeguards take effect in 2014. Insurers prohibited from denying coverage to people with medical problems or charging them more. Higher premiums for women would be banned. Starting this year, insurers would be forbidden from placing lifetime dollar limits on policies, and from denying coverage to children because of pre-existing medical problems. Parents would be able to keep older kids on their policies up to age 26. A new high-risk pool would offer coverage to uninsured people with medical problems until 2014, when the coverage expansion goes into high gear.

MEDICAID: Expands the federal-state Medicaid insurance program for the poor to cover people with incomes up to 133 percent of the federal poverty level, $29,327 a year for a family of four. Childless adults would be covered for the first time, starting in 2014. The federal government would pay 100 percent of the tab for covering newly eligible individuals through 2016. A special deal that would have given Nebraska 100 percent federal financing for newly eligible Medicaid recipients in perpetuity is eliminated. A different, one-time deal negotiated by Democratic Sen. Mary Landrieu for her state, Louisiana, worth as much as $300 million, remains.

TAXES: Dramatically scales back a Senate-passed tax on high-cost insurance plans that was opposed by House Democrats and labor unions. The tax would be delayed until 2018, and the thresholds at which it is imposed would be $10,200 for individuals and $27,500 for families. To make up for the lost revenue, the bill applies an increased Medicare payroll tax to investment income as well as wages for individuals making more than $200,000, or married couples above $250,000. The tax on investment income would be 3.8 percent.

PRESCRIPTION DRUGS: Gradually closes the "doughnut hole" coverage gap in the Medicare prescription drug benefit that seniors fall into once they have spent $2,830. Seniors who hit the gap this year will receive a $250 rebate. Beginning in 2011, seniors in the gap receive a discount on brand name drugs, initially 50 percent off. When the gap is completely eliminated in 2020, seniors will still be responsible for 25 percent of the cost of their medications until Medicare's catastrophic coverage kicks in.

EMPLOYER RESPONSIBILITY: As in the Senate bill, businesses are not required to offer coverage. Instead, employers are hit with a fee if the government subsidizes their workers' coverage. The $2,000-per-employee fee would be assessed on the company's entire workforce, minus an allowance. Companies with 50 or fewer workers are exempt from the requirement. Part-time workers are included in the calculations, counting two part-timers as one full-time worker.

So tell me who is paying for this bill....

Did you see the fail auctions of US treasury in the past 2 days?

World currencies crash after the announcement?

If you read how everything reacted after the passage of this scam, everybody in the world knew it was a new tax to cover some of the unfunded liabilties. Funny thing is that the whole world know this, just American are clueless about it...

Final note.... if this was so good, why did the negro have to pull a back door dealing with some of these criminals on the hill?

This is not the samething that the European nations are doing.

regards..