Replies to post #17998 on General Stock Ideas

[ombowstring]

The stock market is likely to fall much further. This is the time of year that we see huge sell-offs.

The political world is being shaken to its core. The Republicans are absolutely being hypocritical for saying in 2016 that a Supreme Court Justice should not be nominated in the last year of a Presidential term and saying the exact opposite now. I wouldn't mind having another conservative on the bench, however, because the so-called liberals and progressives have gone too far left. The way things are going, pretty soon everything will be legal. There is talk that if the Democrats win the White House, the Senate and the House, they might push to increase the Supreme Court to 12 justices. On the face of it, that sounds like a good idea in order to get more opinions on cases presented to the Court.

How do you figure that gold is selling off? And silver?

[bigworld]

GFP: It's possible that the country really needs a viable 3rd elective alternative. A new Party. It would be an uphill battle, but are we really being served with the two parties we have now? We need a Party concentrating on the Middle Class and which knows how to do math. Neither of our current Parties seem to know how to count, budget, spend wisely, plan for the future, or tell the truth. We need Term limits. A balanced budget Amendment WITH TEETH. And tax limitations. Companies and individuals need to have certainty regarding taxes for forward planning. Tax rates should not rise and fall every 4 years depending on which corrupt party is in office. Set a tax schedule with moderate rates and stick to it. And do away with baseline budgeting at the Federal level. Change the fiscal year to end on the 4th quarter of the year (Oct-Dec). Count the tax receipts. However much the Feds collect then becomes the ceiling for total spending for the next year, less 3% for an Emergancy Fund. No printing. No more borrowing. If something REALLY needs additional funding then something gets cut. It's not difficult. But this continual spending of money we don't have is immoral. And it's hurting our long term prospects immensely. But I'm realistic than none of this will happen. The pigs of Washington DC will go about with business as usual until the country collapses in upheaval or bankruptcy. Hence, Portugal here we come. I'm right now arranging a 3 week trip for next October 2021 to scout things out

[bigworld]

GFP: It's possible that the country really needs a viable 3rd elective alternative. A new Party. It would be an uphill battle, but are we really being served with the two parties we have now? We need a Party concentrating on the Middle Class and which knows how to do math. Neither of our current Parties seem to know how to count, budget, spend wisely, plan for the future, or tell the truth. We need Term limits. A balanced budget Amendment WITH TEETH. And tax limitations. Companies and individuals need to have certainty regarding taxes for forward planning. Tax rates should not rise and fall every 4 years depending on which corrupt party is in office. Set a tax schedule with moderate rates and stick to it. And do away with baseline budgeting at the Federal level. Change the fiscal year to end on the 4th quarter of the year (Oct-Dec). Count the tax receipts. However much the Feds collect then becomes the ceiling for total spending for the next year, less 3% for an Emergancy Fund. No printing. No more borrowing. If something REALLY needs additional funding then something gets cut. It's not difficult. But this continual spending of money we don't have is immoral. And it's hurting our long term prospects immensely. But I'm realistic than none of this will happen. The pigs of Washington DC will go about with business as usual until the country collapses in upheaval or bankruptcy. Hence, Portugal here we come. I'm right now arranging a 3 week trip for next October 2021 to scout things out