Conservative government is government by and for the upper class.”

Dean makes a great point here, just underline the word CONSERVATIVE.

As for the market, it is a mess around the world not just here. Land, commercial and residential (rental) investments work for me along with certain blue chippers and some very local (private owned) bank stock.

Problem is most workers have 401Ks that are tied to the market and
if you believe that social security is going toes up in the next 12 years those people are going to be in deep doo doo.

Numbers prove the market has been one of the places to make great money over the last ten + years but like every
thing it can turn on you very fast.

Problem is most workers have 401Ks that are tied to the market and
if you believe that social security is going toes up in the next 12 years

Social security is fine. Got a surplus. Will continue to be fine. Problem is with Medicare. Is this one of the issues you get paid to flog?

As Baker explains, rising stock market indices are invariably presented as good news because of the assumption that everybody's boat's being lifted.

But there are a number of possible explanations for Wall Street booms, the most common being: 1) general economic expansion, which is a good thing (assuming part of the pie is shared with the proles through increased wages) 2) irrational exuberance - a stock bubble that isn't based on anything real, and 3) higher expectations for corporate profitability.

Workers rarely benefit from No. 1, because the surplus gained from such things as better productivity is almost never shared. And they always getting bit in the ass on the last two. They aren't able to play the market like hedge funders; and they get burned by the bubbles, both in losses on the market and job cuts. Higher profit expectations usually mean lower labor costs and lower corporate taxes...guess who makes up the difference?

The benefit to your 401K is meaningless if it's offset by higher taxes (including the credit card bill the Bushies are running up), lower wages (which also means you're contributing less) and/or layoffs (during which you're contributing nothing).

Also on the show is an explanation of why cell phone technology

That is a great segment that everyone needs to hear. Can you imagine how crippled the Internet would be if cell phone companies owned the backbone network like they do with Cellular technology?

It would be something like, "Oh, you can only connect to the Internet with our computer models. If you want to use that cool razor computer you have to use the Other network."

KTB

Problem is with Medicare. Is this one of the issues you get paid to flog?"

Five dollars a lash on SS and three on Medicare, the big money is in taking shots at the liberal media but three others are doing that and they kinda have a contract thing that keeps me out of it. Still, it is a living so what can I say?