tag:blogger.com,1999:blog-6965825415349936737.post3192893115289507415..comments2024-01-09T09:45:48.706-07:00Comments on The Wisdom of Soloman: Fiscal Responsibility, Or Politics As Usual?Solomanhttp://www.blogger.com/profile/12934220245789538762noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6965825415349936737.post-66787394637654223932009-11-26T17:09:24.479-07:002009-11-26T17:09:24.479-07:00Soloman, yea, most of the info you'll see the...Soloman, yea, most of the info you'll see there is market related, though it would help you manage your 401k if you decided to actively move it around and time large purchases like a house.<br /><br />Like right now, we've had the biggest market rally in the history of the market off the recent S%P500 low of 666. Will it continue with a economy unfriendly government? I think even the magic 8 ball would have a hard time saying yes, though the timing of when the market takes another dive and If, is the tricky part. That's what they can help with.<br /><br />Plus a lot of information that I just find useful about companies, the economy in general, etc.<br /><br />Though your view of massive inflation with sky high interest rates (and taxes) I think is spot on.<br /><br />Take the 401k. Do you want to pay taxes on that income now or later after Obama spend more than anyone in history. Rhetorical question. I'm putting most of my investment money in my trading account where I pay the taxes now and will have whatever is in there tax free later (I hope!) God knows what these vampires will do.<br />I put the minimum amount to get the maximum contribution from my company in the 401 and actually am questioning whether I'm really ahead on that envisioning what taxes are going to be later. That's not even counting for health care, cap and trade and whatever else these stupid bastards come up with.<br /><br />AZ worst for jobs huh? Man, during the 20 years I lived there up until 2000, I'd say it was the best along with a couple places like Houston.. Maybe this move to Ohio wasn't such a bad move, though I'll never convince my wife of that.<br /><br />Good Luck sir.Kidhttps://www.blogger.com/profile/05287399775879832602noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-1196697706126857202009-11-25T21:50:29.362-07:002009-11-25T21:50:29.362-07:00Chris -
Thank you for your encouragement and com...Chris - <br /><br />Thank you for your encouragement and compliment! You're right.. we need to keep pumping the information out - no matter how many times something is repeated it is valuable, because that one extra blog post might reach someone who needs to know truth over hype and MSM misinformation. <br /><br />To you and yours, a wonderful Thanksgiving as well.Solomanhttps://www.blogger.com/profile/12934220245789538762noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-57301801623727017402009-11-25T21:42:20.953-07:002009-11-25T21:42:20.953-07:00Kid - thanks for the link. I'll bookmark and c...Kid - thanks for the link. I'll bookmark and check it out. <br /><br />We've discussed Glenn Beck - I know you find him a bit over the top (I find him entertaining) but he's along the same lines.. been predicting the exact scenario we're in for three or four years now, with incredible accuracy. Funny, now the NYT is quoting him, when usually they've called him "insane, fear monger" etc. <br /><br />Anyway... I don't have a trading account.. I'm grateful to have work and a workplace that has a 401K plan, since AZ is now <a href="http://www.eastvalleytribune.com/story/147600?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+StatelineorgRss-EconomyBusiness+%28Stateline.org+RSS+-+Economy+%26+Business%29" rel="nofollow">the worst in the nation for job losses</a>. <br /><br />And on a happier note... Have a <a href="http://wisdomofsoloman.blogspot.com/2009/11/happy-thanksgiving.html" rel="nofollow">happy Thanksgiving</a>!Solomanhttps://www.blogger.com/profile/12934220245789538762noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-45971615718407683222009-11-25T11:12:18.926-07:002009-11-25T11:12:18.926-07:00Thank you for your great work on this blog. We nee...Thank you for your great work on this blog. We need to make sure the truth gets out. It is getting scarier then the far right said it would. We need to take it to the streets and never let these liberals take control of our country again. Have a blessed Thanksgiving.Chrishttps://www.blogger.com/profile/12905362327313044045noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-78621459928919888562009-11-24T22:38:02.338-07:002009-11-24T22:38:02.338-07:00Soloman, here's the link on my right sidebar t...Soloman, here's the link on my right sidebar titled <a href="http://www.minyanville.com/subsection/randomthoughts/" rel="nofollow">Good info, yo</a><br /><br />Read Todd's Bio, and then read his stuff for a couple weeks. Takes a little getting used to. These guys were talking about today's situation back in 2005. Well ahead of the curve.<br /><br />If you have a TDAmeritrade account you can read some of the subscriber content free. *Buzz and Banter. Personally I wouldn't be without it.<br /><br />I've only been trading gold related stocks since January. Though Gold could get hit with a correction at any time.Kidhttps://www.blogger.com/profile/05287399775879832602noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-40701758242946943692009-11-24T22:20:42.836-07:002009-11-24T22:20:42.836-07:00TCL - you brought up the other end of possibilitie...TCL - you brought up the other end of possibilities - thank you! <br /><br />Yes, you're exactly right.. if it's not to raise taxes or call Conservatives anti-troops, it's to have an excuse to pull out completely. <br /><br />And of course with this Pelosi Congress we know they'll never prioritize funding our troops first... <br /><br />If they want to quit, just friggin' quit. I'd be okay with it if they'd just be honest and up front about it.Solomanhttps://www.blogger.com/profile/12934220245789538762noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-6056662788547449082009-11-24T21:44:52.970-07:002009-11-24T21:44:52.970-07:00Sol:
The lefty politicians pushing for a war tax a...Sol:<br />The lefty politicians pushing for a war tax are probably hoping that by doing so the reverse will happen...no one will want to pass any more taxes, so that will be their excuse for pulling out of the war. Reverse psychology?<br />If anything, our troops trump any other Obama policy and should be funded first. The Congress should refuse to pass any other legislation (health care, cap & tax) until the war is funded. National security first...without that, the rest of the stuff doesn't matter.<br />Funny how all of a sudden they become fically responsible. Hypocrites.The Conservative Ladyhttps://www.blogger.com/profile/03669596582233642119noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-85352966383297596272009-11-24T21:36:27.490-07:002009-11-24T21:36:27.490-07:00Kid - thanks for the compliment...
Never heard o...Kid - thanks for the compliment... <br /><br />Never heard of Minyanville, I'll have to check it out! Based on everything I've heard, which is similar to what you point out, we'll be a banana republic in the midst of hyperinflation within 3-5 years if they don't manage us correctly. <br /><br />Of course if they do manage us correctly, we'll just have a massive bout of inflation followed by interest rates through the roof.<br /><br />Great options.Solomanhttps://www.blogger.com/profile/12934220245789538762noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-73134834877388318792009-11-24T21:31:24.844-07:002009-11-24T21:31:24.844-07:00B&G - I didn't hear Hannity, but my local ...B&G - I didn't hear Hannity, but my local early morning guy was talking about similar concepts which led me to think about it <i>all day long.. </i><br /><br />You can imagine that brain stew!!Solomanhttps://www.blogger.com/profile/12934220245789538762noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-84755467714465638302009-11-24T21:29:05.295-07:002009-11-24T21:29:05.295-07:00Bunni - glad to bring it to you. Seems elementary ...Bunni - glad to bring it to you. Seems elementary to me. <br /><br />This is what Obama is, because this is what DC politics is, and regardless of his sales pitch as an outsider who will 'change' things, Obama is the purest DC politician we've seen in a long time.Solomanhttps://www.blogger.com/profile/12934220245789538762noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-47654204283028702792009-11-24T20:22:06.814-07:002009-11-24T20:22:06.814-07:00PS - great post, and exactly right.PS - great post, and exactly right.Kidhttps://www.blogger.com/profile/05287399775879832602noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-49803386736688410802009-11-24T20:20:58.356-07:002009-11-24T20:20:58.356-07:00Soloman, I've read on Minyanville that the Fed...Soloman, I've read on Minyanville that the Fed essentially printed 30 trillion to dole out to the banks and other financial institutions, domestic And foreign.<br /><br />Most people look at the 787 bln that went through Congress and know nothing about the rest of this. The Fed and treasury can print money whenever they want and recently (months ago) stopped reporting money supply. Unheard of.<br /><br />So, if we can print 30 trillion to give to 'the rich', why not a trillion or two for our own who already have and could pay the ultimate sacrifice for our country?Kidhttps://www.blogger.com/profile/05287399775879832602noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-595014889147243592009-11-24T20:04:14.697-07:002009-11-24T20:04:14.697-07:00I heard this on Hannity. Is there no level these j...I heard this on Hannity. Is there no level these jokers will stoop to?blackandgoldfanhttps://www.blogger.com/profile/14466365468884484194noreply@blogger.comtag:blogger.com,1999:blog-6965825415349936737.post-23101091584937177762009-11-24T19:33:24.731-07:002009-11-24T19:33:24.731-07:00Every day in Every Way these people get worse and ...Every day in Every Way these people get worse and worse. They are just plain shameless and evil.<br />Thanks for exposing this, Solomon.Amusing Bunnihttps://www.blogger.com/profile/03385840951446381247noreply@blogger.com