Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
You may have caught the title’s little inside joke.
Sometimes you (well, I anyway) can look at a graph representing data that is a culmination of history (i.e. reality) and just let it settle in for some perspective and even some conclusions.
Whether these conclusions are right or wrong is subjective and open to debate. But what I see here when viewing the Prime Rate historical is summed up after the graph (graphs courtesy of Economagic, mark ups mine).
Controversial or not, Obamacare is now the law of the land. Depending on who you survey and how, rates are better for individuals than before, or they are more expensive. One thing is for certain, more and more people are being subsidized for health benefits than were before. But is this the real issue at hand?
I’ve always been told if the wheel isn’t broke, don’t fix it. In the case of socialized medicine, I believe we refused to address the real underlying problems with our medical system today. The system IS broken, and all we did was throw billions upon billions of additional dollars at that same system. This is not to say that everything about our United States healthcare program is a failure. In fact, I content that for emergency care and certain surgical procedures, we are by far the best in the world.
Here’s today’s swing-trading watch-list:
Long Sealed Air (SEE)
Welcome back to 18,000+ on the Dow land, everyone! In spite of this, I’m just shorting more. One of my better picks this morning is shown below, Kate Spade (maker of overpriced crap for women and brother of David Spade). As her brother might have said on SNL: “Buh-bye!”