One of the only segments that CNBC has that I actually enjoy is the Santelli Exchange.
I know that there are a lot of people who have differing opinions about him, but in terms of where this country is going and the wreckless spending habits it continues to engage in, Rick Santelli is spot on.
Today’s segment focused on Disability Entitlements and how countless millions are finding refuge in this program, and never leaving it either.
Don’t get me wrong, there are plenty of people who cannot provide for themselves and need a program like Disability to get them through. But far too many Americans are running out of employment benefits after years of coverage, and instead of going and getting a job (and yes jobs are everywhere), they’d rather just move on to the next government program that will allow them to avoid taking responsibility for themselves.
Best part is, that these people aren’t even accounted for in the monthly employment numbers, so by leaving the work force, politicians can pound their fist on the table and declare the greatness of the economy and how people are finding work, and that the employment figure is going down.
I’ll leave the rest of to Santelli to explain…

Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
In today's episode, I cover the expectations that we should be setting for ourselves as swing traders, from the number of trades we should be expecting to take, how long and how short we should be in our trading portfolio, as well as what the expectations for a win-rate should be.
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