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,If that occurs we will have to either slash federal spending across the board (including cuts to politically sensitive entitlements), raise taxes significantly on the poor and middle class (as well as the rich), default on the debt, or hit everyone with the sustained impact of high inflation.Now that's a real fiscal cliff!By foolishly borrowing so heavily when interest rates are low, our government is driving us toward this cliff with its eyes firmly glued to the rear view mirror.For years I have warned that a financial crisis would be triggered by the popping of the real estate bubble.My warnings were routinely ignored based on the near universal assumption that real estate prices would never fall.
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,For example, having a man slip on a banana peel is an idea.A story would be a man slipping on a banana peel, breaking his back and learning how to cope with his new life in a wheelchair while struggling to learn how to walk again.When the script for your drama is complete, it is time to get a camera.You can rent a camera from a film store, or you can buy one yourself.If you are a serious filmmaker and want to invest in a high quality camera for this drama film, you may have to spend thousands of dollars.If you are a beginner or are not sure if you want to pursue film-making as a job or hobby, then consider buying a cheaper camera.
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,By those metrics, a few monthly subscribers equate to a pay-per-view sale, which are often shared by multiple viewers at house parties anyhow.WWE Network's low entry price enables individual viewers to justify the service for their own personal use rather than having to spread the cost of a high-dollar pay-per-view among fickle friends and acquaintances.But what kind of service is the Network at its core?(click to enlarge)Not quite the same thing.At first glance, the comparison seems valid.After all, WWE Network and Netflix are both streaming video entertainment providers that feature original and archived shows, for a similar price point.
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,It's interesting to note that countries worldwide are scrambling to build new steel mills.It's been reported that by 2016, approximately 100 new mills will be coming online globally.Some of the countries where mills will be added include Bolivia, Peru, Ecuador and Vietnam.(NYSE:NUE), America's second largest steel producer has highlighted the need for industry consolidation and a reduction of global steel manufacturing capacity, as well as what the company sees as problematic additions to global manufacturing capacity.The Wall Street Journal recently quoted the company's CEO, Dan DiMicco as stating, "You see people wanting to build new facilities all the time, all over the world."This global expansion of steel manufacturing capacity is taking place in what has been a sluggish market for steel since the global economic crisis of 2008.
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,So this month the dog strategy as graded by Wall St.netted $140.31 based on dividends plus a mean target price estimate from twelve analysts less broker fees.(NYSE:VVC) netted $133.87 based on a mean target price estimate from five analysts combined with projected annual dividend less broker fees.netted $131.84 based on dividends plus the mean of annual price estimates from twenty-four analysts less broker fees.No Beta number was available for AT Group Inc.netted $107.34 based on a mean target price estimate from ten analysts combined with projected annual dividend less broker fees.(NYSE:LEG) netted $97.28 based on a mean target price estimate from two analysts combined with projected annual dividend less broker fees.
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