Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"They got that way they say by shoveling every spare penny maxing out their retirement accounts during their working years in S&P index funds."
Unfortunately we were much too early for index funds, but we did the shoveling away into American Fu…
The Wheels Start to Come Off
From a current article in the Wall Street Journal:
"In the House... leaders of two conservative groups have said they can’t support the health-insurance proposal."
“It says millionaires can get just as much of a tax c…
From the WSJ:
"Trump Proposes 37% Cut to State Department Budget"
"The Trump administration is proposing to cut spending by 37% for the State Department and U.S. Agency for International Development budget, according to a person familiar with the …
"Do Republicans And Democrats Drive Different Types Of Cars? "
@Ted: Say there Ted, that's certainly a fund discussion, right? OK for you, but not for Hank, h'mm?
"I couldn't get past all the political garbage this month."
@Ted: All they need do is not click on "Off Topic". Nobody is forcing anyone to read anything other than investment information.
"Life is political. If you live in a society with laws, po…
@hank- To quote Lou Rukeyser and thereby maintain a very slender thread to financial affairs, "You betcha!" :)
@Maurice:
tin•pot |ˈtinˌpät| (also tin-pot)
adjective [ attrib. ] informal
(esp. of a country or its leader) having or showing poor lea…
Lewis- Surely operations such as Breitbart have significant advertising revenue, since I recently read that many advertisers are becoming very skittish with respect to where their advertising appears. You must be reading the wrong kind of stuff. :)
"I also wonder how much of what the new administration is doing is different than past presidencies but instead there is more transparency once again due to social media."
@Art- Yes sir: a very interesting question, indeed. However, I question the …
@Art- since you ask, my feeling is that no one political philosophy has a lock on "truth". I suppose that if the choices are limited, as you propose, to "liberal" or "conservative", I would have to largely identify with the former.
I have no argume…
@JohnChisum-
One of us believes that no one has a right to introduce any facts or data that have the slightest political aspect, whether or not that information may be germane to the discussion. If that right does not exist, how is that not censor…
@Maurice- I read, and listened. Edmond makes certain observations that are both interesting and accurate. How are you able to determine that my views are not influenced or tempered to some degree by the positions that you prefer? Just because we dis…
@Ted- With 126 comments and over 2000 views this particular thread obviously is of significant interest to many MFO members. Neither you nor Trump are the arbiters of where or when democracy is allowed in this country.
@JohnChisum- I find it "desperately pitiful" that one cannot mention actual, real facts that have a bearing on the subject without attempts at censorship. msf is quite perceptive: I deliberately avoided the question of how the market was created, no…
@JohnChisum- Well, yes, but still take into account that the particular time frame involved was right in the middle of the recovery from the "almost depression" of 2007/08.
And while I do respect your desire to keep politics out of financial affair…
@MikeM- Well, I was just trying for a quick outline, but you nicely filled in with full color. Trump may not have deliberately solicited "the fringe groups of skin heads, white supremacists and other hate groups", but he certainly did nothing to dis…
@JohnChisum- By choice we don't view any of the cable channels, of any type. I do get the definite impression from commentary here that CNN is less than impartial, for what that's worth. I didn't mean to imply cause and effect with respect to the Te…
>> He surely won't be the last to do that, on either side.
Oh, come on. Jeez.
@davidrmoran No sir, I'm afraid that I'm serious with respect to that prediction. Roughly since the advent of the "Tea Party" we have seen an ever increasing spira…
@Ted- we were being pretty civil until Dan Hardy poisoned the water, as usual. It's a shame that a thread deteriorates because of the irresponsibility of one person.
"The mid-20th century ideal of reporters as some type of sacrosanct arbiters of objective truth is not the world we live in. Trump didn't kill it."
Certainly no argument there. In my opinion, AM "hate radio", aided and abetted by "the proliferation…
"There are different levels of poverty and different types of poverty e.g. education."
Attaboy, Dex. Firm grasp of the obvious.
I really like where you ask "Have you always hated the poor?" immediately followed by "Oh, you don't hate the poor". Ano…
"Right - so raise corp. taxes"
Didn't say anything about raising corporate "taxes". Is there some valid reason that business should not pay it's fair share when they abuse and destroy commonly owned infrastructure, or contaminate commonly shared re…
When I have to drive over taxpayer-supported highways that have been severely damaged by huge trucks I do doubt they are paying their fair share. Those trucks obviously overstress the infrastructure, but the corporations have bribed the legislatures…
