Did U Think The Ponzi Scheme Would Last?

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+3 / -3

158 Comments

    • Sat Oct 25th 23:30 PM | Rating: 0 0
      Commented on:
      Does It Pay To Follow Buffet Blindly?
      Buffet has become a shill for the establishment. Did you see his pollyanna attitide in the econo-documentary IOUSA? The man simply doesn't give a crap about American citizens anymore. He is talking up the book of his elitist owners.
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    • Sat Oct 25th 23:10 PM | Rating: 0 0
      Commented on:
      Short Selling Levels Down. Is This a Surprise?
      The gov't did not ban put buying. This is the only way to play. Pay no dividends, can only lose as much as you risk. No short squeeze is possible on puts that were bought right.
      View article »
    • Sat Oct 25th 22:58 PM | Rating: 0 0
      Commented on:
      The Recession Is Already Priced Into Stocks
      USPIX, URPIX and UVPIX are all superior to both GRZZX and BEARX IMO.
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    • Sat Oct 25th 22:55 PM | Rating: 0 0
      Commented on:
      The Recession Is Already Priced Into Stocks
      Greg, there is at least some good news in all this. First of all, before all of this is over, you will actually learned something about what a depression feels like because you clearly have no clue today. Second, you will likely lose a few pounds because a reduction in food quality and quantity is on its way to all of America.
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    • Sun Oct 19th 22:16 PM | Rating: 0 0
      Commented on:
      The Death of Stocks
      Finally someone gets it. The whole thing is a giant ponzi scheme for gamblers. A giant turd wrapped in a big red bow with tinsel adornments. The market adds no value, it just moves it around. but you were IRRESPONSIBLE if you didn't get in there and gamble with the crowd. Funny thing is that you could have just owned gold for the past 30 years and out performed the market. Also, you could then have sold it on ebay and opted out of the infernal revenue system.
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    • Sun Oct 19th 14:33 PM | Rating: 0 0
      Commented on:
      Glimpsing a Return to Normal
      There is much truth in what you say and who you blame, but people will suffer greatly with your idea. Why cut off your nose to spit your face? I have a much better idea. Get control of our money supply. Start trading for goods in gold and silver only. Give unto Ceasar what is Ceasar's, give him his green paper back by trading it in for gold and silver coins and bullion. Stop using the dollar but pay taxes on every dollar you earn or transact with (which if we are smart will be zero). Stay within the law. Gold and silver are still constitutional money, so let's just decide to return to the use of it. That could be via exchange of the specie or via something like egold.

      Simply cut the bastards out of the real wealth generation mechanism of the country which is HUMAN LABOR, not financial manipulations. Stop allowing them a portion of your productive labor. Change your dollars into gold. Take all the wealth out of the fiat paper and put it into the metal.

      ALL in the enlightened ways of Ghandi and Martin Luther King - nonvilolence, nonviolence.
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    • Sun Oct 19th 00:05 AM | Rating: 0 0
      Commented on:
      AIG Gets the Scarlet Letter
      Why would you buy AIG? Waiting for a greater fool to come along are you? Sorry, but this time there is no greater fool than you.
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    • Sun Oct 19th 00:00 AM | Rating: 0 0
      Commented on:
      Why It Is Important to Start Reinvesting Now
      You go first. I will watch you lose another 50% and then buy stocks when they really bottom.
      View article »
    • Sat Oct 18th 23:31 PM | Rating: 0 0
      Commented on:
      The Euro Has Significant Problems - And They're Likely to Worsen
      I hope the euro dies and it takes the european economic union with it right down the tubes. That would set the NWO agenda back about 50 years and I would throw a "FVCK the NWO" party.
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    • Thu Oct 16th 01:58 AM | Rating: 0 0
      Commented on:
      Competitive Markets Don't Just Happen; It's Time to Regulate In the Public Interest
      correction: will >NOT< grow larger than the gold stockpile...

      We already have a trusted mechanism for dollars growing larger than the gold stock pile (even though the dollar is no longer tied to gold): We call the system for dollar growth 'Congress and the Fed'.
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    • Thu Oct 16th 01:52 AM | Rating: 0 0
      Commented on:
      Competitive Markets Don't Just Happen; It's Time to Regulate In the Public Interest
      WHAT AN IDIOT!!!

      All you have to do is get rid of the federal reserve, its fiat currency and fractional reserve banking and POOF!! the market will be self correcting again.

      Don't you get it?? As long as people are gambling with someone else's money - including credit that spends like money - they will not be super careful about how it gets spent. And the ones who are foolish with their money will soon be parted from it by the market.

      No more regulation, LESS regulation, LESS gov't BUT (and this is a big BUT) only if you have honest money of some sort like a true gold backed dollar, etc. and some trusted way to ensure that dollars will number grow larger than associated gold stockpile.

      So many people ignore the real problem and then go crazy with bandaids trying to patch up the symptoms!! Cure the cancer and you can stop the drugs to control pain, nausea, and weakness.

      GET IT???
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    • Thu Oct 16th 00:42 AM | Rating: 0 0
      Commented on:
      Bernanke Edges Closer To the 'Real' Root Cause Of the Crisis
      This will all end badly for the keynesian spenders and smart people are already flocking to gold on any dip. This is why platinum is down 60% from its highs and gold is down ~20% (normal currency fluctuation).

      The only reason you need to have confidence in something is if it is not tangible. While this is just fine for one's religious faith, it is ill advised in matters of money. A gold coin does not need your confidence!! A gold coin LAUGHS at doubters. But a ponzi scheme fiat currency? A system of grift? A con game like the federal reserve has shown us? THOSE things do need your "confidence" and anyone thats lends it to them can change their name to "sucker" right now.


      Gold is money, and nothing else is.
      -J.P. Morgan.
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    • Mon Oct 13th 00:45 AM | Rating: 0 0
      Commented on:
      How Low the S&P 500 Could Go
      Looking for a rally here but the volume will not be convincing IMO and it will peter out in a day or two, reverse, and then lead to a lower low. I really don't know what people are thinking here buying these stocks as we head into a deep recession in 2009 where lots of people must lose their jobs as the excesses get worked out of the system.

      This is a great market for gamblers but the wild volatility must be scaring the bejesus out of all the boomers that have their life savings tied up in it. That crowd is a big piece of the money in the market. They have been saving all their lives and now that they want to retire they see their savings evaporating along with their retirement hopes.

      I hope boomers are selling into any rally and then just staying on the sidelines until we get the required panic washout.
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    • Sat Oct 11th 17:36 PM | Rating: 0 0
      Commented on:
      On a Return to Normalcy: Dow 8,500
      Sorry, this is a pollyanna post that does not take into account the fact that all the banks are insolvent.

      'Nuff said.
      View article »
    • Sat Oct 11th 17:34 PM | Rating: 0 0
      Commented on:
      Jim Rogers Speaks Out - Where Is He Putting His Money?
      I don't blame him for moving. Most Americans are idiots who are dazzled by tinsel and bright lights. Form over substance. They spit in Ron Paul's face when he was telling us about the evils of the federal reserve and the dangers of letting your elected leaders move toward socialism and fascism. Jim Rogers is a true American because he does what HE wants without some fake sense of "loyalty" to a country that is trying to enslave him. I am an American and an ex-serviceman. But this gov't is supposed to work for ME, not the other way around. I have no desire to be their serf even if others are lining up. Anyone who does accept this is totally unAmerican and deserves to be chip-implanted as you would do with any other form of livestock.

      Wake up America. There is such a thing as right and wrong, good and bad. These things are non-negotiable and do not change just because the gov't will lower your interest rate or eat your bad debt (all of which is grossly uncapitalistic and un-Freaking-American).
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