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Why I’m ALL-IN On Tesla Stock

newtboy says...

I hope you don’t take expensive medication, Republicans just blocked even a vote on the plan to allow Medicare to negotiate drug prices out of pure spite against Biden, doubling or more the cost of medication for older Americans.

Because I dislike your politics doesn’t mean I wish you harm….even self inflicted.

bobknight33 said:

Duly noted.

Sift animosity aside, given and taken. I truly desire all to succeed.

Your statements about the economy as a whole applies to all, whether they diversify or solely own just 3 stocks or less.


I don't fear a crash of 87 or 2008. But your are right the ground beneath us is shaking. Having belief in our leaders and FED to do the the right thing is a is half harted. Even if they choose a proper corrective path it will be a bumpy ride.



You are right I am forward thinking and willing to take a few hard bumps over the next 10 years. I believe the upside is worth this risk.


I don't want a japan crash that took 25+ years to recover, or a 1929 crash which took 10 years and war to recover.

Every hard crash recovers, eventually.

If things go bad I will exit. Granted no one has perfect timing and neither do I. Will I loose 20 30% probably.

I do watch markets daily.


I'm 60 with 2 years left on the house mortgage. I will have a GE pension and hopefully some SS. Granted inflation can eat that 4K/month away but it will still help. Also I would continue to work.

And if that's not enough at least the house will be paid for and I will eat PB and J. or rice and beans.

Sheriff's Deputy Punches Handcuffed Teen Seeking Help

visionep says...

At least they'll likely win enough money from us, the taxpayers, to treat the boy correctly in a private facility.

Kind of like medicare for all, except you need to get beat down before you get your payout.

Medicare for All: Last Week Tonight with John Oliver (HBO)

wtfcaniuse says...

Are you going to elaborate on that or just leave it at a meaningless unsubstantiated throwaway comment?

Why do Americans think medicare for all will remove the private option? They are not mutually exclusive. If you want "better" than the norm you pay for it, simple.

Mordhaus said:

I've seen how good medicare is. It really isn't good at all.

Medicare for All: Last Week Tonight with John Oliver (HBO)

newtboy says...

I like the total full coverage Medicare with dental and eye care for all who want it plan. Give it a year, there won't be many left willing to pay a mint for less coverage and more restrictions, but they'll have the right to choose to be stupid.
Getting rid of the insurance industry removes at least 20% of total medical costs, but you don't lose anything else besides headaches and bankruptcies.

Medicare for All: Last Week Tonight with John Oliver (HBO)

JiggaJonson says...

It's cheaper and works better than private insurance right now. That's good enough for me.

Let me put it to you this way, I brought my 77 year old grandma and my 90 year old aunt in for a flu shot and a checkup.

My aunt has Blue Cross and a supplemental insurance plan through her retirement but does not use medicare. Cost to her out of pocket for the visit $40 co-pay.

My grandma uses medicare. Cost to her out of pocket for the visit $0. No co-pay, nothing. Didn't open her purse.

One of those plans cost $200 a month to maintain. Guess which.

Mordhaus said:

I've seen how good medicare is. It really isn't good at all.

w1ndex (Member Profile)

Medicare for All: Last Week Tonight with John Oliver (HBO)

eric3579 (Member Profile)

radx says...

Politico has a long piece on Boehner. It includes this little gem:

On Sunday, July 17, it appeared they had a deal. Boehner and Virginia Representative Eric Cantor—whom the speaker had reluctantly brought into the negotiations, knowing the majority leader’s distrust of Obama could poison the talks—worked out some final details that morning at the White House. When the president returned from church, Boehner says, he invited them both into the Oval Office and shook their hands. Some fine-tuning remained, but in Boehner’s mind the so-called grand bargain was done. The framework included reforms to Medicare, Medicaid and Social Security; $1.2 trillion in cuts to discretionary spending; and $800 billion in new revenue. “I was one happy son of a bitch,” Boehner tells me.

The next 48 hours changed everything. On Tuesday morning, the so-called Gang of Six—three senators from each party who had been discussing their own sweeping fiscal agreement—announced a briefing for their colleagues at the Capitol. They unveiled a separate framework, totally unaware of what Obama and Boehner had agreed to. This deal included significantly more revenue. Chambliss, by then a senator, was one of the GOP Gang members and had no idea—because Boehner had been negotiating with the president in private—that their announcement would kill the speaker’s deal with the White House. Obama saw that Republican senators were endorsing a deal that included far more revenue, and knew there was no way he could sell the grand bargain to his liberal base. When he came back with a counteroffer, seeking a higher revenue number, it validated Cantor’s warnings about not trusting the president. And by that point Boehner’s members had heard enough about the grand bargain to know they didn’t like it—with the $800 billion revenue figure, much less something higher.

So the deal fell apart, and the two sides peddled their competing versions of events: Boehner’s team said the White House moved the goal posts, while Obama’s allies said the speaker couldn’t sell his own members on the deal.

So the Grand Bargain was pretty much a done deal between Obama and Boehner.

Think about it: Bubba's plan to cut Social Security was foiled by Lewinsky, and Barry's plan to cut Social Security was foiled by the "Gang of Six". True Champions of the Plebs, both of them.

Trump In The Wild: A Nature Documentary

Drachen_Jager says...

@RFlagg

The CBO says medical insurance under Trumpcare will spike about 800% for Trump's core demographic (old, lower income, white people) a few months before the mid terms. He and the Republicans in Congress also want to eviscerate Medicare and Medicaid. How long will their voters stay on that ride?

I suspect in the next three years or so, Republican voters will get a real chance to see what they've been voting for all these years. Tax breaks for the rich, the shaft for everyone else. When cold hard reality hits their personal finances I'm hoping there will be a fundamental shift in American politics.

For that reason alone, Trump may actually end up doing some good for the country.

there is a new party in town called the justice democrats

bobknight33 says...

Big difference

The TEA party wants to follow the Constitution.
All other groups don't.

How do the justice democrats line up with the Constitution?

I checked you link to the JD platform - Some are worthy but still most are Un constitutional BS feel good look nonsense .


Pass a constitutional amendment to put an end to Washington corruption and bring about election reform. --- Never pass FOx watching hen house- only a smaller government helps this and term limits.


Defend free speech and expression.-Left are the oppressors
Ensure universal healthcare as a right. -Un constitutional
Create the new new deal.
Ensure universal education as a right. Un constitutional
Ensure universal healthcare as a right.Un constitutional
Make the minimum wage a living wage and tie it to inflation.Un constitutional
Defend and protect women’s rights. - So we dont cre about men?
Ensure paid vacation time, sick time, family leave, childcare. Un constitutional
Protect Social Security, Medicare and Medicaid. Un constitutional
Implement comprehensive immigration reform. agreed
Enact police reform. - Agreed arrest criminals
Combat homelessness. - bring back sanatoriums that liberals removed .

enoch said:

@bobknight33
unsure if you are gloating that you uncovered some deep,dark secret,and are exposing some political conspiracy.

or are just re-iterating what i already posted.

for years i have seen you promote and tout the validity and necessity of the tea party for those who may be disgruntled with the mainstream republican party.

a party that started with modest means,but is now funded by some of the most wealthy and influential political players in our country:the koch bothers.

they even changed their name to the freedom caucus.
and they nominate candidates,and come out to support them.

so how is the tea party,which broke away from the establishment republicans to promote a politics that is more in line with the constitution,ANY different from the people who are sick and tired of corporate,establishment democrats? who ALSO have decided that enough is enough and have banded together to nominate their own candidates,and support those candidates to represent THEIR politics and ideological philosophies.

how,exactly,is that different?

because while you may disagree with justice democrats politically,and i suspect you do,you should also be proud that they are taking a stand and sticking up for their beliefs.

are you SO unaware of your own bias,prejudice and hyper-partisanship as to not recognize when a group of people are doing the EXACT same thing as your tea party did?

be careful bob,your bias and hypocrisy are showing.
and you are becoming a partisan hack,attacking any and everything that is contrary to your own politics,even when in reality it is performing the very same thing that you state to admire.

so what is more important to you?
honesty,integrity and sticking to your moral values?
or political affilliations?

because i can disagree with someones politics,and still admire and respect them standing up for their values.(that includes you bob).

i gather this is something you are incapable of doing,because in bob's world"politics trumps everything else,end of discussion.

if you want to sully your eyes a bit,check out what the justice democrats are seeking to do,and what their base philosophy is:
https://justicedemocrats.com/platform

*promote
*quality

What you need to know about the Obamacare repeal

enoch says...

@ChaosEngine

lol.i just deleted a massive ramblomatic that broke down the entire history of the ACA.

figured i better just stick to basics.

many of the early protests you saw were partisan diehards who had been riled up by their favorite demagogue.

socalism!!
communism!!

but really the two great things from the ACA,and were provisions obama fought very hard for were:
pre-existing conditions
and while the ACA did not allow negotiating pharmaceutical prices,they DID put a cap on them.

and while the ACA was not perfect,far from it,those two provisions did a lot of good for people who suffered from long term illnesses.

but when anericans are asked pointed questions,without being directed for a specific goal,the majority support a single payer system.even republicans.

because you are right.it is a no-brainer.
americans already pay into a system:medicare/medicaid.
which operates on a 3% overhead.
and if basic,preventative care is offered early in peoples lives,the resulting savings totals into the 100's of billions.

and when presented to the american people like that,the majority are all for it.

*note( in the first three weeks of debating the ACA,the big 3 health insurance companies(blue cross,humana and cigna) spent a whopping 300 BILLION!

by the end it was almost a trillion they had spent to combat the passing of the ACA.

Why I Left the Left

newtboy says...

No, the teabaggers invaded the republicans and took them mostly far right but really deep into insanity, where they aren't right or left, just angry and lashing out while accepting no responsibility for their parts in problems. They are anti tax, but pro spending, anti big government unless it's a government project they support, then big government is what's needed every time, anti regulation unless it's a regulation against something they dislike (like abortion, relaxing drug policies, marriage, equal protection under the law, etc).

Every teabagger I've met (and there are many) has been at least as if not more racist, homophobic, and bible thumping than the media makes the 'party' out to be, including (sadly) many of my own family members. They are not the fringe, they are the base, you're either lying or don't know your own group. They are also just as dumb and/or stupid as they are portrayed, my favorite slogan is "keep your government hands off my medicare", clearly the woman carrying it was so dumb she didn't understand that medicare is a government program, just like 1/2 of you don't know that the ACA is Obamacare, but HATED Obamacare with a passion while insisting the ACA is great. Not racist? Then what? Just brain dead? It's this disconnect from reality and sanity that made me run from them as soon as it was clear where the party was going....it didn't start out like it ended up, it started out more like OWS.

Haven't you been the one saying all left wingers are in perfect alignment with SJWs recently....repeatedly and smugly? Yes...that was you.

*facepalm

worm said:

So the Republicans left the Conservatives and took the party to the left, meanwhile the SJW's took the Democratic party and drug it out to the WAY WAY out to the left?

In any effect, I agree with him in just about every way, and welcome him to come join us "tea baggers". We aren't nearly as racist, homophobic, or bible thumping as the media makes us out to be.

Not saying those people don't exist, but they are a really, really small fringe, and putting their identity on a whole group of people is like saying all left wingers are in perfect alignment with BLM or OWS groups.

How to Fix Obamacare's Marketplaces

Obamacare in Trump Country

enoch says...

@worm
you do realize that you literally just made @Januari 's point...right?

and i get it...government spending BAD.
government can't do anything blah blah blah...gotcha.

but instead of using the VA as an example of government malfeasance and incompetence,why not use medicare/medicaid?

the VA is run by the DoD and considering that during rumsfelds tenure they lost over a trillion american dollars..POOF..where is that money? nope..can't find it.the pentagon is a mess.

medicare/medicaid is run by the dept of health,which runs on a 3% overhead,has the ability to negotiate with pharmacuticals,and is a system that is already in place AND we all already pay in to.

see,
i am not a fan of obamacare.
i think single payer is the way to go,and the only way to go.
people like to make the comparison of obamacare insurance with car insurance.
forgetting that driving is a privilege...
breathing is not.

so if we take the "profit motive" out of health care.then the majority of people NOT covered would not wait until something dire or life threatening was going down with them to head to the doctor.preventive care has been shown to reduce medical costs dramatically.
see:norway
see:denmark
see:france
see:britain

while i understand many liberals defense of obamacare,i see it only a half measure that can easily be remanded and/or gotten rid of all together.however unlikely that may be.the threat will be enough.

people forget that obamacare was basically written by the heritage foundation in 1992.a right wing think tank and not much was changed (though the pre-existing clause was a positive).

they forget that then Governor mitt romney implemented a similar health care system in massechusetts.which saw steady increases in premiums yearly.

and here is the thing that really eats at me.
it is mandatory.

so here is my prediction:
obamacare is not going anywhere.
while it may be used as apolitical football and health insurance companies will use (and already HAVE used) the threat of leaving due to little or no money (this is a lie) in order to force the government to raise their subsidies.

this is corporate welfare on a scale that over-shadows the bank bailouts of 2007.which at final tally was over 17 trillion.

so obamacare is going nowhere because it is the goose that lays the golden egg,and the gift that keeps on giving.

oh there will threats,and over-politicizing,and wringing of hands,and committee meetings.

but that will be just for show.
we put the fox in charge of the henhouse,and the fox is gonna make damn sure it is going nowhere.

Obamacare in Trump Country

worm says...

Social security isn't a hand out. It is a HORRIBLE investment program that has been warped and disfigured from it's original purpose. At least people HAVE been paying into it for a LONG time. I'm not exactly surprised that they want to reap SOME sort of benefit for it.

Tax breaks (that favor specific companies or markets) are government handouts. Speaking of solar, how did our government handout for Solyndra do? Must have been a Red state... no?

Medicare as well is something that has been taken out of people's checks (you know, people with actual jobs) for a long long time. Again, not surprising that people expect to get something for that...

In my experience, in general country folk are very independent folk and are generally self reliant. If you want to find locations in the USA where people thrive off of governmental handouts, pick up a map that shows all the blue counties/parishes/districts/etc.

newtboy said:

For a group that CLAIMS they don't want handouts, they sure do have their arms outstretched, palms up constantly. Of course, they say a tax break isn't a handout (unless it's a tax break for, say, installing solar), they say social security isn't a handout, Medicare isn't a handout ('keep your government hands out of my Medicare' was my favorite tea party slogan).
True, the ACA wasn't voluntary, but all those other programs they use (and usually use more than they contribute, and more than "blue" states) are voluntary, so that argument falls flat.



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