It looks like Staples with there Internet sales might be propping up the Post Office. LOL
http://www.thestreet.com/story/11725...o&cm_ven=YAHOO Staples juet about a penny stock Uninvestable!
The overwhelming majority of the 53% without a full-time job are collecting some form(s) of govt benefits (Soc Sec, Medicare, SSDI, food stamps, UI, etc. If we say that 80% (just a guess) of them are collecting benefits, then 47% of the people are working and paying for the benefits of about 42%. That means each working person is being asked to cover the costs of almost 0.9 people collecting benefits. Even if you assume the % collecting benefits is only 60%, then 47% are paying for 32%. Each working person is still being asked to cover the costs of almost 0.7. Is it any wonder we have $1+ trillion budget deficit? Add Obamacare and all the people (citizens and other) that will get new or added benefits and it gets even worse.
Mathematical calculations do not lie. This is the state of affairs that we live with currently and it will continue.
You can put up all the posters and billboards you like,they will be forgotten in a short time span.
Without plans for long term growth and the end of Ben's easy money programs, the best way to discribe the future would be Up S**ts Creek without a paddle.
Staples juet about a penny stock Uninvestable
Until one of the three (Staples being one of them) large retailers in there sector of business goes away, none of them will be a good investment.
Try this link.Quote:
"Governor Romney is not familiar with this issue and has not been involved in the management of Bain since 1999," said campaign spokeswoman Amanda Henneberg.
This is old old news but its still worth a laugh.
Apple with Foxconn riots in plant in China,IBM with 71% of their workforce outside of the US and contracts with Foxconn.
And good old GE,Go Joebama go.