Iudad juarez, mexico is a squatters settlement called anapra. In 1980, this was empty desert. By the 1990s tens of thousands of residents have staked out small plots and constructed makeshift homes. Most tie into the power lines illegally and run lamp wires over the sand to light their homes. 1994 we visit Concha Martinez for the first time living in this tarpaper shack. Like thousands of her neighbors, she has no Running Water or sewers, no title to her land. A single mother, concha built this oneroom home for herself and her four children abel, 12, adrian, ten, wendy five, and the youngest, alexi. Their incredible struggle, and a tenar story of this place will illuminate some key geography themes, including scale has several meanings in geography. One is very specific having to do with ratios of distance on a map to actual distance on the ground. But it also has a more intuitive meaning related to the size of the area in question. Lets call this view of anapra a neighborhood scale. A
Building real wealth. Not just living off your paycheck. Theres some people, call them the 1 , if you want, who can make enough from their ordinary daytoday income to become truly rich, but for the vast majority of americans, the paycheck its simply not enough to get you there. You need to augment it. If you keep watching, im going to tell you how to do just that for the rest of your life. Usually, i come out here and tell you whats happening in the market. There are a lot of other things you have to do if you want to pay off to mean something. Tonights the exception. You may not want to hear this, but its absolutely fruitless to think you can get rich in stocks if you havent laid down a foundation for building longterm wealth beforehand. You can make a fortune in the market, but if youre at best, youll stay afloat when if you planned things better, it might have let you become filthy rich. Three things you must take care of first. I dont usually address these subjects. Sometimes, i fe
Will vote on sometime next week. I also predict, mr. President , that this is the last farm bill that wont be driven by the new realities of people who want their food needs met in new ways. Those food needs are going to be greater, but were going to be less concerned, i would expect, five years from now about farm surpluses and what happens if we grow too much than we are about how we meet the growing food needs of the world, partly because of the population, partly because people once they get better food just want better food. Once you have the variety of food, once you have the experience of better food, nobody wants to go back to the food that they used to have. And were going to see that driving this debate over more over the next few years than we have up until now. Agriculture in many states, including my state of missouri, the number one industry in the state, 16 of our work force is directly involved in agriculture. It continues in state after state. You and i have both heard
Package to lessen the impact, growth. He will inject 50 billion into the economy to help corporations, small and mediumsized manufacturers and low cash income residents among others. Lawmakers with his ruling liberal democratic party, and Coalition Partner have endorsed his plan. It includes a proposal to scrap a Corporate Tax imposed after the 2011 earthquake and tsunami to help fund the rebuilding effort. The levy was scheduled to expire in march of 2015 but Prime Minister shinzo abe wants to end it a year earlier. They are forced to look at other sources of revenue. Theyll also start discussions on setting new Corporate Tax rates. In addition, they were all proposing a twoyear extension of a tax break for companies that increase their employees salaries. People in the United States are bracing for what could be the first Government Shutdown in almost 18 years. Members of congress have just hours to agree on a budget bill before the next fiscal year begins. The democratled senate vot
Whats the operative question that defines this moment when the dow roared 98 points. The r and p err, s p soared to time high. Arent we too complacent . Hey jim, arent we too complacent as it arent the bulls way too smug . Arent they too positive, too optimistic and unaware of the risk this market poses . Theres one hiej pruge problem this school of thought. You really need to have solid, if not overwhelming evidence that the facts warrant selling. You have to be able to look at the world and decide things are much worse than they appear. That is what keep tripping up those who raise cash because they think we are being too complacent. If you are worried about complacency then you really need a back drop thats not worth being complacent over. One that contains a massive amount of obvious but ignored risk. In other words, its not a mistake for the bulls to be complacent if they also happen to be right. There in lies the dilemma people. Because in this market, every time you decide to pu