nasa1974's Account Talk

Interesting finish today. If we can have a real bullish market next week I might make it back to my April high. :nuts: Have a great weekend everyone.
 
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Obama: 'America's war in Iraq is over' 10/21/11 Remaining 43,000 troops will leave the country by the end of the year.

Design firm recommends revamping many government mobile apps 10/21/11 Software developers too often lack a clear vision of apps' primary users.

GAO weighs in on Postal Service's financial health 10/21/11 Report recommends eliminating or revising requirement for prefunding retiree health benefits, among other options.

FEMA urged to increase accountability 10/21/11 Improper payments and stretched resources affect the agency's performance, lawmakers say.

Smoke signals from the super-secret committee 10/21/11

First piece of Obama's jobs proposals is blocked 10/21/11

Senators: Time to end government 'budget gimmicks' 10/21/11

Senate confirms Bryson as new Commerce secretary 10/21/11
 
This was E-mailed to me from a friend of mine stationed at Fort Wainwright, Alaska. I am not sure of it's source, but I like most of the message. It would be nice if we could get something like this passed.


Subject: FW: Warren Buffet Suggestion for Ending Deficit

In support of the Occupy Wall Street movement's frustration with our country's current economic situation and ineffectiveness of our
Congress...


Warren Buffet from a recent interview on CNBC offer one of the best quotes regarding the debt ceiling.

"I could end the deficit in 5 minutes," he told CNBC. "You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.

The 26th amendment (granting the right to vote for 18 year-olds) took only 3 months & 8 days to be ratified! Why? Simple! The people demanded it. That was in 1971...before computers, e-mail, cell phones, etc. Of the 27 amendments to the Constitution, seven (7) took 1 year or less to become the law of the land...all because of public pressure.

Warren Buffet is asking each addressee to forward this email to a minimum of twenty people on their address list; in turn ask each of those to do likewise. In three days, most people in The United States of America will have the message. This is one idea that really should be passed around.

*Congressional Reform Act of 2011*

1. No Tenure / No Pension. A Congressman collects a salary while in office and receives no pay when they are out of office.

2. Congress (past, present & future) participates in Social Security. All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.

3. Congress can purchase their own retirement plan, just as all Americans do.

4. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

5. Congress loses their current health care system and participates in the same health care system as the American people.

6. Congress must equally abide by all laws they impose on the American people.

7. All contracts with past and present Congressmen are void effective 1/1/12. The American people did not make this contract with Congressmen. Congressmen made all these contracts for themselves. Serving in Congress is an honor, not a career. The Founding
Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and back to work.




If each person contacts a minimum of twenty people then it will only take three days for most people (in the U.S.) to receive the message. Maybe it is time.

THIS IS HOW YOU FIX CONGRESS. If you agree with the above, pass it on. If not, just delete. You are one of my 20+.. Please keep it going.
 
Sometimes you just have to accept your destiny. This market train is pushing for a PE ratio of 13 which puts the Dow at 14,300. You can't stop it.
 
Sometimes you just have to accept your destiny. This market train is pushing for a PE ratio of 13 which puts the Dow at 14,300. You can't stop it.

But with this kind of climb there has to be a downhill ride real soon. Does it happen this afternoon or tomorrow. Going to be a tough decision. If the S fund continues to climb does one jump to the lilly pad for protection and watch the bottom drop out this afternoon? Or realize a good move has been made when the buy back starts tomorrow. gggrrrrrr!!!
 
Yahoo! Finance


Deeper flaws in euro will take years to fix

Eurozone crisis plan won't solve underlying problems like imbalances in trade and growth




David Mchugh, AP Business Writer, On Monday October 24, 2011, 12:12 pm EDT

"FRANKFURT, Germany (AP) -- Markets want European leaders to find a convincing way to ease the eurozone debt crisis by the middle of the week.
Fixes for the deeper problems that plague the monetary union, however, will remain on their to-do calendars for years to come."

http://finance.yahoo.com/news/Deepe...95.html?x=0&sec=topStories&pos=7&asset=&ccode=
 
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Senate approves COLA hike for disabled vets 10/24/11 Bill provides 3.6 percent increase and also boosts benefits to surviving spouses and children.

State Department faulted in effort to train Iraqi police 10/24/11 IG report cites lack of agency cooperation with auditors.

VA plans largest tablet computer deployment 10/24/11 Up to 100,000 devices will be managed through a vendor-operated cloud computing center.

Defense urged to create central domestic violence database 10/24/11 Watchdog group criticizes the Pentagon's slow progress on tracking and targeting abuse.

Procurement chief defends Obama's commitment to small business 10/24/11

Repeal of 3 percent contractor tax withholding gathers steam 10/24/11

Play of the Day -- Bill Maher on the 'ninja, black president' 10/24/11

U.S. ambassador to Syria returns to Washington 10/24/11

Condoleezza Rice had tumultuous relationship with Cheney, memoir says 10/24/11
 
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