"He's got yesterdays values, living in tomorrows industry ..." - Dropkick Murphys "Tomorrows Industry" from the album 'The Meanest of Times'
When I review the facts of what is occurring? I have a proposal to make.
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When I review the facts of what is occurring? I have a proposal to make.
(Podcast Included. If you're seeing this entry elsewhere and cannot play the podcast? Click this link to go to the exact podcast entry ...)
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I leave you with the lyrics to the Dropkick Murphys song: "Tomorrows Industry". Strangely appropriate as we are staring at another Depression, straight in the face.
I leave you with the lyrics to the Dropkick Murphys song: "Tomorrows Industry". Strangely appropriate as we are staring at another Depression, straight in the face.
Young Kids in Schools
Elderly Parents Living Under Your Roof
You Pay The Bills and You Pay The Price
You Don't Back Down and You Won't Play Nice
The Disgraced Values of the Company Man
Are Why you Fight And Sacrafice
Don't Bend or Break for Their One Way Rules
Or Run From Battles you Know You'll Lose
Chorus:
Greed is Blinding You
But We Can See
He's Got Yesterday's Values
Living In Tomorrow's Industry
They See Your Eyes, They see your face
But's it's your soul they wanna take
Yeah, welcome to the future it don't seem fair
But this is your struggle, the cross you bear
They know your pain, they don't think trwice
There's a dollar value on your life
You Don't comprimise and you don't break
Yeah, It's our principles at stake
Chorus:
Greed is Blinding You
But We Can See
He's Got Yesterday's Values
Living In Tomorrow's Industry
The Daily Outlook it's so bleak
Saving every dollar of every week
Living month to month, youv'e got to get ahead
but all the while falling deeper in debt
Chorus:
Greed is Blinding You
But We Can See
He's Got Yesterday's Values
Living In Tomorrow's Industry
The wright falls hard ib tge stabd up guy
The one you can count on you can rely
This is your future It don't seem right
But this is your battle, this is your fight
Something in this country has got to change
If wer'e ever gonna see those days again
Your Parents may have done it with just one job
But now we're working for less and twice as hard
Elderly Parents Living Under Your Roof
You Pay The Bills and You Pay The Price
You Don't Back Down and You Won't Play Nice
The Disgraced Values of the Company Man
Are Why you Fight And Sacrafice
Don't Bend or Break for Their One Way Rules
Or Run From Battles you Know You'll Lose
Chorus:
Greed is Blinding You
But We Can See
He's Got Yesterday's Values
Living In Tomorrow's Industry
They See Your Eyes, They see your face
But's it's your soul they wanna take
Yeah, welcome to the future it don't seem fair
But this is your struggle, the cross you bear
They know your pain, they don't think trwice
There's a dollar value on your life
You Don't comprimise and you don't break
Yeah, It's our principles at stake
Chorus:
Greed is Blinding You
But We Can See
He's Got Yesterday's Values
Living In Tomorrow's Industry
The Daily Outlook it's so bleak
Saving every dollar of every week
Living month to month, youv'e got to get ahead
but all the while falling deeper in debt
Chorus:
Greed is Blinding You
But We Can See
He's Got Yesterday's Values
Living In Tomorrow's Industry
The wright falls hard ib tge stabd up guy
The one you can count on you can rely
This is your future It don't seem right
But this is your battle, this is your fight
Something in this country has got to change
If wer'e ever gonna see those days again
Your Parents may have done it with just one job
But now we're working for less and twice as hard
And I have to tell you, I feel a very personal connection to the line: "He's got yesterday's values, living in tomorrow's industry" ...
Please. For the love of all that is holy. Stay safe ... and trade well.
* * *
Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.
Please. For the love of all that is holy. Stay safe ... and trade well.
* * *
Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.
6 comments:
http://blog.seattletimes.nwsource.com/philanthropy/2009/02/27/change_in_tax_deduction_some.html
it doesn't seem like the tax deduction is going away, just being reduced, am I wrong here?
also maybe we need a vlog or podcast on what to look for to know when the bottom is in economically and in the markets etc...
as I understand it, the market will have been in recovery for a while before the economy recovers.
im really done w bad news but the best economic news I can find is that the leading indicators have stopped dramatically falling, I get this news from the ECRI at businesscycle.com, I have been following them since 2001 and they are pretty good at what they do. they charge for their reports but I just follow what they tell the press in thier news section.
same thing with the mortgage deduction, no big whoop
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/02/28/BU7O166J6Q.DTL
Heyya Brian,
A mate of mine has already done the math.
He gets $13.00 more on his paycheck.
He'll pay $6,000.00 more for taxes each year, because he can't mark off the interest that he pays on his mortgage.
He's furious.
That's hardly what we need in the current environment.
Regards,
Dan
yeah, im pretty much philosophically opposed this type of policy anyhoo, their basic idea is to tax a certain class of people more, these people also tend to be "get it done types" they help an economy grow. however I don't even make 100k yet so im not affected. So from my point of view it's "big whoop".
Airelon -
Is the furious friend an Obama voter? Our only hope at this point is lotsa "buyers remorse" with this guy Obama.
Heyya Thomas,
No, he didn't vote for Obama ...
I gotta tell ya, this is going to be an odd, strange year if I have to just stop trading at the third quarter because of this new tax structure.
Regards,
Dan
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