
Nevada Seniors Coalition
Our Purpose
Becoming a Member
Contact Us
Calendar of Events
Members Page
Current Newsletter
Foghorn Archive
Director's Page
NSC Contributing Authors
Dr. Larry J. Paulson, PH.D.
President Ken Mahal
Vice-President Vern Perry
Director Knight Allen
Senior Citizen Links
AARP
Federal Senior Citizen Site
Senior Net (Computer Instruction) Vegas
for Seniors The Seniors Citizen's League
Seniors America
Internet Resources from AARP CATO Institute
Medicare-Medicaid
Social Security Administration
Citizens Against Government Waste
Federal Government
First
GOV
White House
U.S. Senate
U.S. House of Representatives
Search the U.S. Blue Pages
Congressional Legislative
Information
Senator Harry Reid
Senator John Ensign
Congresswoman Shelley
Berkley
Congressman Dean Heller
Congresswoman Dina Titus
State of Nevada
Nevada
Official Website
Governor's Home Page
Lt. Governor's Homepage
Attorney General's Homepage
Secretary of State's Homepage
Nevada Legislature
Department of Motor Vehicles
Department of Taxation
Nevada Forms Clearinghouse
MyNevada (State
& Local Services)
Nevada Cities
Las
Vegas
Henderson
Reno
Sparks
Boulder City
Carson City
Mesquite
Nevada League of Cities &
Municipalities
Clark County
Clark
County Homepage
Citizen's Area Transit (CAT)
Regional Transportation Commission
McCarran International Airport
Metropolitan Police Department
Nellis Air Force Base
Media Outlets
KVBC-Las
Vegas Ch 3
KVVU-Las Vegas Ch 5
KLAS-Las Vegas Ch 8
KTNV-Las Vegas Ch 13
Nevada Newspapers
Las Vegas Review Journal
Las Vegas Sun
KTVN-Reno Ch 2
KRNV-Reno Ch 4
KOLO-Reno Ch 8
Reno Gazette Journal
Opinion Journal Online
from the WSJ
Health
Alzheimer's
Association
Alzheimer's Disease Education
American Diabetes Association
American Heart Association
Cancer Society
Consumer Reports Best Buy Drugs
The Institute of Medicine
National Heart Lung &
Blood Institute
Homeopathic
Medicine
National Institute of Health
National Kidney Foundation
Prevention Magazine
WEB MD
Senior Law
Law
Guru
National Academy of Elder Law
Attorneys
National Senior Citizen Law Center
| |
Stocks Down, Energy Down, Down With Health
by Ken Mahal, NSC President
Originally published on
March 12, 2009 - reprinted with permission
PRESIDENT SAID “BUY STOCKS”, THE MARKET DROPPED 281 POINTS.
The day after he said buy stock the market tanked 281.40 points. Never in our history do I
ever remember a president telling us to buy stocks. In fact since when is it the job of our
president sticking his nose into our investment business anyway? Do we get to sue him and the
government if things go bad? Well we most likely shouldn’t blame him with all of the other
things that are tanking in our economy. I see by comments on the Fox business news that it
was reported that millions of people over recent months have been stuffing hundreds of thousands
of dollars in coffee cans in their homes making it even more of a problem getting people to
spend instead of saving at this time. Strange isn’t when we want people to save they don’t.
I don’t blame people for putting money in the sock, under the mattress or in the suitcase in
case you want to make a quick trip out of town to places unknown.
Citigroup was in pennies this afternoon when just recently it was considered one of the better
stocks to own. I did a quick calculation on what it will take for us to live and hopefully we
are covered for ten years and after that let the president who ever it is take care of us. There
is no point in worrying but it might be a good idea to pray a little bit to our maker to give us
a helping hand during these tough times. I find it little hard to believe how bad our economy is
when you and I did nothing to screw it up and don’t know anyone personally who might have been a
part of the screw up of our economy. This is the worst economy since 1997 or 12 years. In Las
Vegas we have the highest rate of home owners with homes worth less than the value of the mortgage.
For a change it would be nice to be ranked in a good bracket wouldn’t it? One good one is that
gasoline is down about 50% from 4 months ago. By the traffic everyone likes cheaper gasoline or
did we ever care?
OUR COST OF ENERGY IS DOWN. HOORAY FOR US.
The big drop from about $145 to $45 dollars a barrel for oil makes me really happy to see. Speaking
of that I really think instead of our leadership saying we go renewable like solar energy and not
dirty coal, that we do all of it. Why should we shut down the oil and coal industries when we know
how to clean it up? Why should we put the hard working people in the coal, oil and nuclear industry
out of work when all of them help us protect ourselves from any energy problem that comes along?
There are tens of thousands of hard working people in these industries; do we really want to put
all of these people out of work? I don’t think so; we should just work harder to clean up the
emissions so that we can use coal, oil, nuclear, solar, wind and thermal side by side to solve
our energy needs. It seems to me that we have many options that we should use until we can find
the ones that work the best or maybe use all of these resources as long as we have them and we
are innovative enough to do it well. Isn’t that what is so great about this country we can do
any of it so long as different energy sources are better in one area than any other? Just leave
us alone and let the various regions of the country do what they can to produce certain energy
better. Do not try to shut down some energy sources just because some politician calls it dirty
in order to get their solar energy on the agenda. As far as solar goes we have enough desert
land and sunshine in Nevada to provide solar power for the entire United States but logistically
it would not be practical so fine, use the solar where it makes sense as well as coal, oil etc.
NOW OUR PRESIDENT WANTS TO FIX HEALTH CARE.
 
Hold on to your seat folks we have been there already. Remember when we went through more than a
thousand pages of health care reform under Hilary Clinton when Bill told us about the two for one
package when he ask her to rework our health care. We still only needed one page to do our senior
health care. Now let’s see how many hundreds of pages will be need for the latest revised health
care that we will need to be diligent over. If you saw what I saw today March 4th there must have
been at least a hundred high powered, suit wearing, know it all health care experts listening to
our president give them a summary of what he wanted from them in this new and revised health care
service for all Americans. With what I heard it sounded like more of the same; the rich will be
expected to dig into their pockets and pay for it. Amen to all.
HOME
|