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Posts Made By: Michael Koons

December 8, 2008 04:01 AM Forum: Investment Discussions

Restarting the 401k, Investing vs Debt Reduction

Posted By Michael Koons

Paul,
I'm not a genius but, I maintain my savings allocation for stocks and cash fairly consistantly as well as retiring debt. The only changes I make are for obvious over or undervaluations of the market, for instance May 2007 shifted much into fixed stuff and paid some more debt. I'm extremely leary of the market right now and am just packing cash in. I also use some cash when unforseen stuff happens like 9/11(buying opportunity for BA and GE) or oil at $145 a barrel(DUG). Stuff like that you just have to grab a bite of, if I can grab a 10-20% return in a short time like 2 months, I will. But now, my plan continues onward, my reallocation in my IRA in 5/2007 stays at 70% of new money going into cash still.
Mike

December 8, 2008 04:11 AM Forum: Politics

Condi's Big Regret

Posted By Michael Koons

I've said this before, dont allow "bad intel" to distract from the lack of reasoned thought. Even if Sadam had WMD's, the tyrannical, insecure, insane, egotistical make up of his personality would never allow him to attack Israel/USA. He knew beyond a shadow of a doubt that it would result in the end of life as he knew it. He wouldn't even trust the stuff to terrorists to prevent thier use upon him. Period!! Don't let someones bad intel distract you from their lack of reason.

January 1, 2009 04:10 AM Forum: Politics

Gitmo - A tool to defeat the drug cartels?

Posted By Michael Koons

jaroslav zaharchuk said:

I am curious as to the opinions of Astromart politics-forum-subscribers on the following:

Over the past year, over 5000 people have been killed in Mexico in the drug wars. The fighting is over the attempts by various groups/cartels in Mexico and Central America to gain control over the drug traffic to the U.S.

The violence is spilling over into California, Arizona, New Mexico, and Texas. Beheaded bodies, burnt human carcasses, hangings, kidnappings, etc., have become commonplace south of the border. Some such occurrences are now beginning to be seen here in the U.S. The Mexican government, internally corrupt to some extent, has been unable to effectively deal with it.

My question is - should the U.S. use Gitmo and the interrogation methodologies employed there by the current administration, as a means to obtain information from drug cartel suspects, to combat the drug cartels?

No, it is a simple economic issue, supply and demand. Whatever we do if there is demand, it will get on the streets. We need to curb demand or legalize stuff to take the illegal money and thereby crime out of it on the distribution side redeploying those dollars to education and rehabilitation. Just my opinion :S

January 27, 2009 05:13 PM Forum: Politics

Any props from the right????

Posted By Michael Koons

And more
"The jet quickly became a lightning rod of criticism. A White House spokesman said President Barack Obama does not believe "that's the best use of money" by companies receiving taxpayer assistance.

Sen. Carl Levin, a Michigan Democrat, pressed the Treasury Department to block the sale."

January 31, 2009 09:09 PM Forum: Politics

Re: He wants his cut

Posted By Michael Koons

Jim Babcock said:

From the start of the article:

"White House lawyers want to control the use of the president’s image, recognizing the worldwide fascination about Obama’s election, First Amendment free-speech rights and easy access to videos and photos on the Web."

Getting lawyers involved is more than just objecting. If all that they are doing is objecting, then why the need for lawyers? The article says that the lawyers are looking at ways to find a balance. If you trust Obama and his Administration, then fine. I see no reason to believe or trust Obama and his Administration.

And "his cut" or rational for "his cut" is where in the article?

February 13, 2009 05:12 AM Forum: Politics

Nationalize the Banks anyone?

Posted By Michael Koons

Do you think the military is run well, if so, that may be a nice example of the government running well, though there are good reasons that sets it apart, like the UCMJ.....

February 13, 2009 04:02 PM Forum: Politics

Some here are a bit early

Posted By Michael Koons

No other President in a global economy has inherited this magnitude of mess.........

February 20, 2009 03:11 AM Forum: Politics

Is Jim over?

Posted By Michael Koons

If so, I'll revert to my peaceful avatar.

February 22, 2009 01:57 PM Forum: Politics

And now another kept Obama promise (not as below)

Posted By Michael Koons

Jim Babcock said:

Yes there is another thread that points out that Obama has kept his promise of raising taxes to start to pay down a small part of his trillion dollar spending spree. He ran on tax increases. I am glad that it makes some happy that his is redistributing wealth from those who earned it to those he decides are deserving. :S

Maybe you should listen to Warren Buffet about percentage of taxes paid. Those that do very well, by and large also benefit from a publicly educated workforce, public utilities, roads and bridges. Any person would be silly to enter the "redistribution of wealth" dribble argument, greedy and narrow minded people are too easily ensnared by the quick, surface facts supporting it. If you wanted fair taxes you missed the boat. Steve Forbes had it. The fair tax or flat tax or National Sales Tax is the ticket. We would all win. The only losers would be the uber rich, black market labor and drug dealers. Obama ran on this, and kept a promise smile

February 27, 2009 06:13 PM Forum: Politics

Crushing new taxes

Posted By Michael Koons

Those deductions already get fazed out for those ensnared by the AMT. Those deductions for individuals in that range have been fazed out for some time.........