steve203’s Activity

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steve203 replied to the Macro Economic Trends and Risks board. 11:02 PM

Re: top 3 myths of income inequality

The bottom 20% saw 49% gains? Because of stock-market gains??

This is just so weird as to be unbelievable. Something is wrong here.


The clip does say that most are one time events. I'll bet they're counting 401K distributions [more]

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steve203 replied to the Macro Economic Trends and Risks board. 5:22 PM

Re: MIT: economist Piketty on inequay

the highest net work individuals,

of course, that should read "highest net worth individuals".

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 5:18 PM

Re: MIT: economist Piketty on inequay

I never heard that pitch anywhere.

We must have been traveling in different circles in the 80s. I was hearing Jack Kemp constantly going on about "capital formation" as the key to economic growth and insisting "the rich [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:51 PM

Re: OT where will Steve retire to?

Purely out of curiosity what is your aunt's housing situation? Would moving in and say paying the taxes and utilities be an option?

She has a condo in a suburb of Columbus. Over the winter the weather kept her housebound except when [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:31 PM

Re: MIT: economist Piketty on inequay

*Could be middle income jobs are under assault by technology.

I fail to see why this is a mystery to anyone. The sales pitch for Supply Side Economics was "if enough money is concentrated into a few hands, maybe you can get a [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:02 PM

Re: OT where will Steve retire to?

So are you serious about moving or not? If so you will make the decision and do it, if not you will retire in place.

I have no aversion to moving. I have relocated to different cities for work 3 times over the last 30 years. But, it's [more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:47 AM

Re: OT where will Steve retire to?

Well, they weren't thinking about showing how the county (or whatever political entity) plows the road for winter access.

According to the listing, that house is in the city of Allegan...Allegan, the county seat, is so small there is [more]

Tue Apr 22

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steve203 replied to the Macro Economic Trends and Risks board. 10:44 PM

Re: Bloomberg: a one time bumb in heathcare spen

Just imagine, none of that pesky arguing, discussing, and horse trading

No such luck. Look at what happens in the House. Even with a significant majority, the leadership can't deliver because he can't control the different [more]

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steve203 posted to the Macro Economic Trends and Risks board. 10:24 PM

OT where will Steve retire to?

West Michigan lake property doesn't appear to be soaring in value.

Last year, I made a couple trips to Allegan to look at some lakefront property.

One parcel had me scratching my head. The current owner had two neighboring parcels [more]

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steve203 posted to the Macro Economic Trends and Risks board. 4:59 PM

GM shuffling deck chairs on Titanic

GM adding safety investigators, restructuring engineering organization in response to recall

The company is also dividing its global vehicle engineering organization into two sections. A product integrity section will oversee vehicle and
[more]

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steve203 posted to the Macro Economic Trends and Risks board. 4:44 PM

OT 2N4401

For less than the price of a small switching transistor, which retails for a buck and a half, you can now buy a share of Radio Shack.

RadioShack Corporation's Store Closure Plans (1000+ stores) Hit a Snag

RadioShack needs its
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 3:17 PM

Re: AI- The Final Invention

Humans can talk a machine to death anytime they want

http://www.youtube.com/watch?v=wlMegqgGORY

[more]

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steve203 replied to the Macro Economic Trends and Risks board. 11:11 AM

Re: More solar

Utility company pushback sprouting wherever the sun shines.

The power company in Hawaii has imposed a moritorium on connecting houses with solar systems to it's grid.

Arizona has allowed APS to charge a $5/month fee to homeowners [more]

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steve203 replied to the Macro Economic Trends and Risks board. 10:53 AM

Re: Oil vs. Grain on the trains

So of course the Canuck government "mandates" (Yes they can do that though I'm not sure the precedence created is a good idea) "Minimum Grain-Shipment Targets for Railways".

You must have an election coming [more]

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steve203 posted to the Macro Economic Trends and Risks board. 2:11 AM

GM: drive a car, get a check

General Motors offers new customers $100 to test-drive Cadillac

Just stepping into the showroom is enough to give you new car fever and that's all GM is trying to do, offering drivers who are 21 and older with a car that's a 2004 and
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 2:04 AM

Re: OT: Kalamazoo Promise

From the way the program is described, I imagine it would cover Michigan technical colleges as well as the universities, but WDIK?

As I understand it, the Kalamazoo Promise is for any state college, including community colleges. The [more]

Mon Apr 21

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steve203 posted to the Macro Economic Trends and Risks board. 10:13 PM

OT getting physical

Cassettes are making a comeback

...according to new research, music buyers still prefer to purchase their tunes in physical format – CDs, vinyl records and even cassettes – rather than download them.

Research from ICM has
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 6:23 PM

Re: OT: Kalamazoo Promise

They need to extend the offer to cover a variety of practical training skills (electricians, plumbers, HVAC, machinists, CNC programmers, etc)

The Kalamazoo Promise applies to community colleges.

Here's the list of [more]

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steve203 replied to the Macro Economic Trends and Risks board. 6:01 PM

Re: United Health snivels about competition

So, you buying or selling UHC stock?

I did well with UHC, Wellpoint and Humana in the run up to passage of the ACA. Grabbed some more bux a couple years ago. No position, and not considering taking a position at this time. [more]

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steve203 replied to the Macro Economic Trends and Risks board. 5:27 PM

Re: United Health snivels about competition

I wonder how long it will take for a company to try a pull a TBTF on the taxpayer, by threatening bankruptcy and not paying people's claims?

Denying or slow walking claims was one of the things that got the ACA passed.

As for [more]

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