Dear Diary,
Harley Davidson (HOG) reported a $0.30 dividend paid yesterday. The stock is trending downward today.
The Federal Reserve lowered the long bond to 4.25% from 4.5% yesterday. This generally causes the relative value of stocks to go up in price a bit. The market was not impressed, seeking a half point move rather than the quarter point drop they got, so overall, stocks actually went down some.
Mr. Buffet is reported in the news as wanting to pay more taxes. I applaud him for wanting to pay more taxes. I think people who can make tons of money in the stock market should be happy to cover more of national expenses. After all, this stuff is pretty easy to do. We could replace the current income tax on the labor of working people (slavery) with one on increase from assets, similar to the biblical tithe concept. Of course, it needs to be constitutional.
Gene
skip to main |
skip to sidebar
2005, In Front of IRS Building, Washington, D.C.
Diary of a Business Investor
Gene Chapman
2005, In Front of IRS Building, Washington, D.C.
About Me
- Gene Chapman, Author
- P. O. Box 295545, Lewisville, Texas 75029
- MahatmaGandhiGlobalLibrary.blogspot.com or LibertarianGlobalLibrary.blogspot.com gkchapman2012@hotmail.com "Creating World Peace One Word at a Time" And for those who wish, you are invited to participate in funding all aspects of and in the building of a physical library building within walking distance of both the White House and the U. S. Capitol Building in Washington, D. C., as a voice of nonviolence and a safe harbor for Gandhian intellectuals in this epicenter of political violence on earth.