As I said "too stupid to understand it." HOWEVER, it was the Nixon
administration that last proposed it.
On 06/28/2016 01:12 PM, jr_...@yahoo.com [FairfieldLife] wrote:
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
<http://www.nytimes.com/2016/06/28/business/no-really-just-ignore-day-to-day-stock-market-fluctuations.html>
image
<http://www.nytimes.com/2016/06/28/business/no-really-just-ignore-day-to-day-stock-market-fluctuations.html>
No, Really: Just Ignore Day-to-Day Stock Market Fluctua...
<http://www.nytimes.com/2016/06/28/business/no-really-just-ignore-day-to-day-stock-market-fluctuations.html>
If you take the long view, what happens this week in the markets is
really not a big deal.
View on
<http://www.nytimes.com/2016/06/28/business/no-really-just-ignore-day-to-day-stock-market-fluctuations.html>www.nytimes.com
<http://www.nytimes.com>
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---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
<http://www.msn.com/en-us/money/markets/dow-closes-260-points-lower-as-brexit-fallout-continues/ar-AAhEflD?ocid=spartanntp>
image
<http://www.msn.com/en-us/money/markets/dow-closes-260-points-lower-as-brexit-fallout-continues/ar-AAhEflD?ocid=spartanntp>
Dow closes 260 points lower as Brexit fallout continues
<http://www.msn.com/en-us/money/markets/dow-closes-260-points-lower-as-brexit-fallout-continues/ar-AAhEflD?ocid=spartanntp>
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
<http://www.msn.com/en-us/money/markets/dow-closes-260-points-lower-as-brexit-fallout-continues/ar-AAhEflD?ocid=spartanntp>www.msn.com
<http://www.msn.com>
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