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debtacid

debtacid
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  • A Fertile Moment for Economists [View article]
    "a new understanding of how to run an economy"
    "failed models of the past."

    These two phrases speak volumes as to why we are in this mess and don't have a chance of recovery. Those who think the economy must be "run" somehow and that real life can and SHOULD be replaced by some "model"
    Jul 31, 2009. 10:37 AM | 1 Like Like |Link to Comment
  • High Frequency Trading Glitsch [View article]
    HFT has turned the market in to a Saturday morning cartoon. We need to get our gold and silver back from these fools
    Jul 31, 2009. 10:15 AM | 1 Like Like |Link to Comment
  • Crisis Explained - The Queen Gets Some Answers [View article]
    “A group of eminent economists has written to the Queen explaining why [almost] no one foresaw the timing, extent and severity of the recession.”

    Every honest economist foresaw the danger but they were ruthlessly excluded and marginalized by the banking cartel. Old fashioned power politics is the culprit. You don’t get to be an “eminent economist” by warning of fiat currencies and housing bubbles. Economists are either eminent or honest, not both.
    Jul 29, 2009. 02:38 AM | Likes Like |Link to Comment
  • Case Shiller Index Has First Monthly Increase Since 2006 [View article]
    "and paying off fixed rate mortgages with inflated dollars should be fun."

    Don't forget the huge finance charges you pay in the beginning with dollars that are much more valuable than at the end of the loan. You end up paying down your principal with inflated dollars while the bank took the gravy during the first 20 years. And don't forget taxes, upkeep, real estate fees... It's a fools game.
    Jul 28, 2009. 02:27 PM | 3 Likes Like |Link to Comment
  • Case Shiller Index Has First Monthly Increase Since 2006 [View article]
    A sign of stabilization or just inflation? I feel sorry for all those young couples out there looking for reasonably priced homes to raise their families. They are going to get bled dry by wall street vampires. Real estate is for suckers.
    Jul 28, 2009. 12:36 PM | 3 Likes Like |Link to Comment
  • Direct Democracy Could Be California's Undoing [View article]
    Californians have discovered that the more taxes they pay, the less services they get. State gov is a black hole of corruption and waste. Besides, ballot measures to cut spending are routinely thwarted by activist judges.
    Jul 27, 2009. 05:56 PM | 3 Likes Like |Link to Comment
  • Should Bernanke Be Reappointed? [View article]
    What a sham. It's clear that fed bankers decide who the fed chairman will be and the appointment process is just a formality. Roubini is a shill for the financial oligarchs.
    Jul 27, 2009. 10:26 AM | 5 Likes Like |Link to Comment
  • Existing Home Sales Continue to Improve [View article]
    Only because the feds are buying up all the houses that banks want to dump on the taxpayer. You just can't be too cynical anymore.
    Jul 23, 2009. 05:09 PM | 2 Likes Like |Link to Comment
  • Flash Trading: Goldman Sachs Front Running Everyone Else [View article]
    Sounds like the same con game depicted in The Sting. SEC anyone? FBI? RICO? Hello! Anybody out there?
    Jul 22, 2009. 11:10 AM | 5 Likes Like |Link to Comment
  • Jon Stewart Takes on Goldman Sachs [Video] [View article]
    Remember the story of Ferdinand the donkey? He loved his master so much, he never refused a burden from him no matter how heavy. And master loved Ferdinand greatly because he made him rich. Alas, one day Ferdinand wandered in to a swamp and began to sink. He brayed and brayed for his master to remove his burden so he could escape but master didn’t want to get stuck himself so he left Ferdinand and returned to the town to buy another donkey.
    Jul 17, 2009. 01:14 PM | 41 Likes Like |Link to Comment
  • Are GLD and SLV Legitimate Investment Vehicles? [View article]
    This may be speculation but speculation is all we have left. I’d take an ounce of solid speculation over a ton of “facts” provided by the oligarchs of high finance…
    Jul 16, 2009. 11:05 AM | 8 Likes Like |Link to Comment
  • Groundbreaking WSJ Story on Gold [View article]
    If money and banking were honest, gold would be easy to use. Just put your gold in a an insured gold depository that does not engage in fractional reserve lending. Then you could pay for goods and services in gold using a gold asset card. You could even loan your gold out and collect interest on it. Banks would be become obsolete throwbacks to a time of fraud and corruption. Imagine a world with honest money, no federal reserve, no irs and small government.
    Jul 9, 2009. 05:16 PM | 20 Likes Like |Link to Comment
  • Google Chrome: Redefining the Operating System [View article]
    Yes, change is finally in the wind. Corporate America is tired of being dragged along the pavement by the Microsoft money train. No more need to be forced in to fake upgrades that are based more on MS marketing priorities than actual OS improvement. Looks like Gates got out just in time.
    Jul 8, 2009. 11:47 AM | 1 Like Like |Link to Comment
  • Google Drops a Nuclear Bomb on Microsoft. And It's Made of Chrome. [View article]
    Yes, change is finally in the wind. Corporate America is tired of being dragged along the pavement by the Microsoft money train. No more need to be forced in to fake upgrades that are based more on MS marketing priorities than actual OS improvement. Looks like Gates got out just in time.
    Jul 8, 2009. 11:40 AM | 1 Like Like |Link to Comment
  • Yale's David Swensen Speaks on the Investment Environment [View article]
    The fact that a lot of wall street insiders and high finance oligarchs went to Yale probably gave him a huge edge.
    Jun 16, 2009. 03:46 PM | Likes Like |Link to Comment
COMMENTS STATS
234 Comments
435 Likes