Paulson and Faber: Similar Macro Outlooks [View article]
> Devaluation of te dollar is "illegal taxation" WAKEUP!!!!!!!!
We should call it like it is - stealing. Yes, your government is engaged into outright stealing of your hard earned money in order to save the banking system, which will inevitbly blow up again several years down the road due to moral hazard.
Four Reasons We're Headed Even Higher [View article]
> Since Jason is the one who nailed the BAC calls consistantly making tons of money, while most of the moronic 'top 10' commentors on this site were the same ones who missed the rally, it's clear who deserves more respect. It's all about making money, pride is for fools ----------------------...
My mom always said, if yor friend jumps off a building, will you too? Think with your own head.
Wall Street Breakfast: Must-Know News [View article]
> ".....the research suggests the Fed should use unconventional policies to create the equivalent of a minus 5 percent interest rate."
Basically, it means we have to pay people 5% to take a loan? So, is it really a credit crisis ( i.e. not enugh credit) or borrower crisis (not enough qualified / able borrowers)? If people are too much in debt, they don't need anymore credit/ free money. And the quantative easing is the wrong prescription. The cure is to somehow decrease debt levels. The only poltically expedient solution seems to be inflation. That is what the quantative easing is about, creating inflation, not easing the credit.
Three Stocks To Be Held To Infinity and Beyond [View article]
Buy and hold works ONLY if you manage to pick ONLY winners. But threre is no way to know that a given company will be a winner 5-10 years from now. If you pick 10 promising companies right now, probably 8-9 of them will fail long term. Buy& hold is such a fraud, but most people investing for their 401K don't know anything better because they don't have any background in trading. I still don't understand how are we expecting people to provide for themselves with their 401Ks when many have no clue om how markets work.
Paulson and Faber: Similar Macro Outlooks [View article]
We should call it like it is - stealing. Yes, your government is engaged into outright stealing of your hard earned money in order to save the banking system, which will inevitbly blow up again several years down the road due to moral hazard.
Four Reasons We're Headed Even Higher [View article]
It's all about making money, pride is for fools
----------------------...
My mom always said, if yor friend jumps off a building, will you too? Think with your own head.
Wall Street Breakfast: Must-Know News [View article]
Basically, it means we have to pay people 5% to take a loan? So, is it really a credit crisis ( i.e. not enugh credit) or borrower crisis (not enough qualified / able borrowers)? If people are too much in debt, they don't need anymore credit/ free money. And the quantative easing is the wrong prescription. The cure is to somehow decrease debt levels. The only poltically expedient solution seems to be inflation. That is what the quantative easing is about, creating inflation, not easing the credit.
Three Stocks To Be Held To Infinity and Beyond [View article]
Buy& hold is such a fraud, but most people investing for their 401K don't know anything better because they don't have any background in trading. I still don't understand how are we expecting people to provide for themselves with their 401Ks when many have no clue om how markets work.