Irrationally mad decision making to obtain the American Dream.

Apple Inc back at $228 and climbing – Obama Healthcare Bill signed into law – YES! Now I predict stocks can continue their uptrends without the “unknown”.

Ok Apple (AAPL @ $228) it’s about time. I’ve been in April 10′ 220 call options and have been watching this stock play around the 220’s driving me nuts because if I could commit to trading it full-time I could of been in and out many times for small profits. I suppose my option is probably still negative right now until it movies over $230’s in which it will likely run fast into the new iPad launch the first week of April 2010 in which I’ll sell my options at around a 25% profit (2 weeks, a bad trade). I’m psyched about the iPad. Many Apple geeks say “screw it” just because you can do everything on an iTouch or iPhone and put it in your pocket. For me though I’ve held out. I might even have to wait until the iPad 2.0 with a video camera built in so you can walk about doing skype/video conferencing anywhere. I like the touch screen and will likely just use it to show off my portfolio and use the Hitchcock application to practice creating a film.

I don’t even have my 2009 iMac anymore. I offered it towards collatoral + all my HD video gear to be a co-owner in www.icanhandlethat.com (not live till June 2010) in which I’ll be doing media full-time and be an owner. I’m really stoked for the development of the company and it’s purpose because it is what I love doing right now which is helping small businesses in media and promotion. So even if I had an iPad I’d have to use my Art Institute school computers just to download the apps on it. I would definitely bypass the iTouch to get a larger more versatile iPad.

President Obama signing 2010 healthcare bill into law

As for President Obama’s healthcare bill finally signed into law I’m kind of glad the fighting is over and now we can focus on the economy (even though the $1 trillion cost will have a real affect if we don’t tax citizens (the rich) more to pay for it).
The new healthcare focuses on “preventive health” and that DOES MAKE SENSE. I’m just hoping as a person that doesn’t have healthcare that I’ll be able to get it affordably and be able to get the “preventive” things that keep us truly healthy and vibrant such as chiropractic care, acupuncture, yoga, green foods, and massage. If it won’t cover any of these “true preventitive” healthy living precautions then, well, that will just suck. If I’m going to have to pay high taxes as a broke student that is unemployed currently then at least give me some massage and acupuncture to take away some stress!
I’m glad Obama is the first black President (or should I say half black half white, does it even matter?) and made it his legacy to get healthcare for once and all changed. I thought the great former President Bill Clinton would get to do it. He’s my favorite. A man of the ladies while also being a great peacemaker. President Obama took a big risk in his presidency and I like risky people. He didn’t give up and now it’s a law passed, a super huge one. I suppose everyone better start investing in healthcare NOW because a lot of money will be funneled into healthcare from the government and then people working for the business. Just think about all the businesses that will get paid “no matter what”. This will create a lot of niche sectors currently profiting become likely gold mines in the stock market.

-pm

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2 responses

  1. I hope in hindsight you can see the Obama bill you praise was and is a complete disaster…and “taxing the rich”…I hate to break it to you, but that is YOU. With the median household income about $45,000 who do you think is going to be taxed? I hope you realize what this means…more than 1/2 of all households somehow scrape by on 45k a year and less. Who do you think is subsidizing their meager income via the Federal Income (redistribution) tax system?

    Just because someone has something doesn’t mean it’s your, my, or the State’s job to steal it from them. Tax the rich? Man, I was enjoying your posts until I read that.

    July 7, 2011 at 8:48 pm

    • Hi John,

      Well now that a healthcare bill is signed into law even though it’s not going to happen we now need to work on taxing the super rich more. The middle class and poorest are taxed the most even though they get back most of all their taxes. The problem is we spend so much money in areas that don’t improve our capitalistic thinking. If we had a central healthcare system where everyone received healthcare and worked more on transportation systems/schools/improving our cities we wouldn’t have to import so many skilled workers. Our country was great and booming when we were a manufacturing city. Now we just import everything from products, services, and people! This will be our death. If you are super rich there should be a problem evening the keel.

      July 15, 2011 at 2:32 am

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