Comments on: Book Review & Giveaway: “America, Welcome To The Poorhouse”

By: admin

admin — Mon, 21 Dec 2009 04:20:05 +0000

@Bob Looks like the economy is raging back though Bob! 2009 is a bonus bonanza, and the job market looks to be tightening. I'm optimistic! @Kevin@OutOfYourRut I love how the government forgives tax on $38 billion in any profits for citigroup to save them billions. Coincidence gov't owns 34% of the company? Nope. Everybody is in it together.

By: Kevin@OutOfYourRut

Kevin@OutOfYourRut — Sun, 13 Dec 2009 14:57:10 +0000

@admin FS--I think the rich/successful DO win. The moral of the subprime story is that using the legal and political systems to reorder reality won't necessary produce a happy ending. Kevin .-= Kevin@OutOfYourRut´s last blog ..Ten Great Tips to Advance Your Career =-.

By: Federal Government Employees Raking It In | Financial Samurai

Federal Government Employees Raking It In | Financial Samurai — Sun, 13 Dec 2009 09:03:11 +0000

[...] the Federal Government to take advantage of all the benefits? After reading Jane White’s “Welcome To The Poorhouse” book, I was doubtful about my chances of making $174,000 in government because I’d have to be [...]

By: Bob

Bob — Fri, 11 Dec 2009 23:53:22 +0000

America is the poorhouse. We are in times like the Great Depression. The Great Depression caused the pre-boomer generation to be frugal. We are repeating history! .-= Bob´s last blog ..Credit Card Rebates =-.

By: uberVU - social comments

uberVU - social comments — Fri, 11 Dec 2009 19:36:27 +0000

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By: Investor Junkie

Investor Junkie — Fri, 11 Dec 2009 13:33:10 +0000

@ctreit comment on #3. I think it's safe to say our government was already involved with health care quite a bit. Medicaid, Medicare and pricing. Also with rules and regulations to control health care companies, and not allowing national competition. To say our government will do a better job than the private sector is just plain hogwash. What's the purpose to have government run health care? To increase quality of care, save costs There already is rationing with private run health care and it will be no different with government run health care. Nothing is unlimited, costs will have to be controlled. While for simple things (ie regular check ups) a government run plan might help save costs. The issue is the costly procedures and when you are near end of life is where you have dramatic costs. This is what's bankrupting Medicare. How is our government going to save us money then? .-= Investor Junkie´s last blog ..American Express Merchants Win 10k Promotion =-.

By: admin

admin — Fri, 11 Dec 2009 05:14:47 +0000

@Kevin@OutOfYourRut It seems like the bottom line is that successful capitalists CAN'T win b/c being rich/successful puts you in a minority. "A protruding nail gets hammered down" is what the Chinese say. @ctreit The #1 thing I think is for us NOT to rely on big government or the private sector to take care of ourselves. We need to take care of ourselves. We can't count on anybody else but our selves, and that's why education is key.

By: Don@MoneyReasons

Don@MoneyReasons — Fri, 11 Dec 2009 02:03:05 +0000

@Kevin@OutOfYourRut It's good to hear from someone that was in the industry speak about the matter. To often, all we have to go on, is the sensationalism created by the media. And they tend to favor non-business party or underdogs, even when the business in question is in the right. I'm sorry to say that, but I think a lot of business matters are "Catch 22" anymore. .-= Don@MoneyReasons´s last blog ..Creating My Kid’s Christmas Money Fund =-.