Bhairitu, Basic annual income sounds more like welfare, which won't pass muster with the Republican Congress, or Trump.
---In FairfieldLife@yahoogroups.com, <noozguru@...> wrote : Basic annual income is not a bad idea at all but the public is too stupid to understand it. You pay for people who fall through the cracks anyway so better to be proactive. On 06/28/2016 10:29 AM, jr_esq@... mailto:jr_esq@... [FairfieldLife] wrote: Judy, I'm not going against Alan Greenspan's observations. Actually, if the stock market tanks substantially, I might go back in the market again. Also, to stop the panic, the government should try Dubya Bush's tactic many years ago. That's to give a tax rebate to the people --a less expensive option than the Swiss guaranteed income for all its citizen. ---In FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com, <authfriend@...> mailto:authfriend@... wrote : The markets are already beginning to stabilize. It's silly to panic over day-to-day fluctuations, even big ones like this (especially if you don't have money in the stock market!). Far more concerning, IMHO, is the sudden substantial increase in hate crimes against immigrants in Britain after the Brexit vote. ---In FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com, <jr_esq@...> mailto:jr_esq@... wrote : Easier said than done, especially if you don't have any money invested in stocks. Next, the Fed would probably cut the interest rate. But it's already near 0 percent now. So, cutting the interest rate would probably not stop the downfall. ---In FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com, <authfriend@...> mailto:authfriend@... wrote : If your money's in the stock market, leave it there. No, Really: Just Ignore Day-to-Day Stock Market Fluctuations No, Really: Just Ignore Day-to-Day Stock Market Fluctua... If you take the long view, what happens this week in the markets is really not a big deal. View on www.nytimes.com http://www.nytimes.com Preview by Yahoo ---In FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com, <jr_esq@...> mailto:jr_esq@... wrote : The effects of Brexit have not abated. This looks like the summer of discontent for most investors. Where the best place to park your money now? Dow closes 260 points lower as Brexit fallout continues Dow closes 260 points lower as Brexit fallout continues Stocks on Monday continued a rout sparked by Britain’s shock vote to leave the European Union, with the Dow falling more than 250 points after equities on F... View on www.msn.com http://www.msn.com Preview by Yahoo