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If you have a pension, you are likely in cahoots with those Greedy Wall Street types for it is the shareholders (investors)(pension funds) in companies that push for ever greater and greater short term profits often at the expense of R&D, reinvestment into equipment and increased wages for employees. |
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That age 26 will be on the chopping block and soon!! |
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I only mind corporate greed when they find ways to skip out on taxes or even get refunds from IRS while somehow they convince us that our real problem is food stamps, welfare and social security.
Other than that greed away. The real successful business find ways to satisfy their employees needs. Other take advantage in hard times. |
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This new law, which even those who pushed it won't discuss,will bring severe financial stress to this country. Not a new prediction for sure, but I sure wish the "ins" at the time had at least talked privately with the "outs" to prevent what is coming. And you are not hi jacking....any discussion on min wage or anything having to do with jobs, etc. must go through this new law. |
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There are companies that offer health insurance. My niece worked at Starbucks while in school, now that she has a "real job" she still works PT at Starbucks for the benefits. She gets health care for $30/month, stock options and a free pound of coffee a week. I think Publix gives benefits. Yet, people complain about the prices at these two places, DUH, you can't have it both ways. |
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I think that most healthy 20 somethings might be better off buy inexpensive catastrophic insurance and paying for their rare doctor's visits and prescriptions out of pocket. I'd guess that most of them would save money.
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You probably are right about buying the catastrophic insurance. |
Greed?
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Last summer we were fortunate to spend several weeks in Australia. What a beautiful, clean and safe country. We loved every minute.
We spoke to many locals who did not understand how our nation is in the shape it is financially. I must admit, it gave us pause. They have national health care and have had for years. People our age are very happy with the system and did not understand why it is controversial here. They have a living wage for all workers. The minimum wage is about $16-18/hr. There is no tipping. None expected. They have a federal budget SURPLUS and when we were there, they were concerned that the surplus was a few billion less than expected. Banks pay 5%.....not 0.5% interest on CDs. It was an amazing country to visit and we enjoyed the natural beauty of the great barrier reef, the fantastic contrast of historical and modern architecture of Sydney. I must admit, it made us wonder how 2 countries so similar in so many ways could have such a financial contrast. I don't have any answers. Just lots of questions........ |
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