'The Crash of 2008 and What It Means' by George Soros [View article]
his data is his account balance
what more proof you need?
On Jul 10 06:35 PM whidbey wrote:
> Reflexivity strikes most classical economist as unnecessary for most > of the reasons Soros seems to find it so appropriate. > > The lack of an equilibrium shocks no one presumably. The markets > are working towards equilibration in the short run but may never > reach the objective. As for his explanation of how disequilibrium > can lead to bubbles, he has not offered any data to support his claims > of its explanatory or descriptive powers. As theory goes his work > is best classified as descriptive, but not predictive in any sense. > In short, he is not likely to receive a Nobel prize for his thinking. > His risking is something else and worth some further research possibly.
hahah same thing just happened to me but i was venomous and my magic words was i was going to stop paying my mortgage wih them.. that must of hit some primal fear in them and they gave back 3 of the fees and just kept one and called it even...
i keep a big cushion in it now since i use it for bill pay and dont trust it.
On Jul 02 09:32 PM bigmoney wrote:
> >> he was told that the protection was standard and that he couldn’t > turn it off > > Indeed, you can't turn that sh*t off. I bumped up against this with > Bankster of Amerika. I had been a long term customer since high > school, a very long time. Well, they stung me one time, in a snafu > with online bill pay. I called in, and they wouldn't wave it. Even > talking with a manager. > > So long Bankster of Amerika. Hope you fatten up feasting up on Big > Gubmint bailout. > > Compounding matters is they pay near zero interest. So I found > a new bank. The new bank will still sting you with overdraft, but > at least the checking account pays around 2%, so I can leave cash > sitting in my checking account without getting robbed.
i think the point is - if you have one overdraft on a small account that you use for lunch, gas etc it could pound you perpetually before you see that your deposit was held up and now you have a train wreck that the fees suck up all your other deposits and creates more fees...
yes you need to keep a grand cushion - and that is the point - most people do not have that cushion and are getting raped
BAC screwed one of my accounts with some quirky billpay behavior but i was able to talk my way out of the whole wreck and only pay one... i threatened to stop paying my mortgage with them and wouldn't stop yellin at them.. they usually listen at that point
Up about 10% since beating last Wednesday, Time's Sean Gregory thinks Bed Bath & Beyond (BBBY) may be a leading indicator. "Call it the Bed Bath & Beyond barometer. Some recent data indicate that as consumers prepare to open up their wallets, they'll be very likely to spruce up their homes." [View news story]
maybe they got a boost form Linen& things going under?
just a hunch.. and their liberal use of the 20% coupon is brilliant for their cost structure
Gold vs. Silver: There Is No Debate [View article]
you should print out flyers and hand them out
just be sure to turn your paper gains into something (pigs, gasoline) before the lights go out
On May 29 12:43 AM Suncatcher wrote:
> As I understand the physical precious metals vs stocks, or ETF's, > argument;is that you hold the physical more as an insurance policy > (like you might store water and food). You trade stocks and ETF's > to make money on the market moves while you wait for society to break > down. And you keep sharp on the range to protect the stuff in your > basement when the lights go out. Please correct me if I am wrong.
The Federal Reserve Can Not Account for $9 Trillion in Off-Balance Sheet Transactions? [View article]
what's the end game? Is it hate on the dollar? Create one world currency? And if so, who gains the most? What if everyone yanked out their 401k and bought China stocks? Or bought the Yen and shorted Sony?
Why can't Tyler tell us all what to do so we can make a splash? Start a Fight Club Fund and we'll all invest now
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Latest | Highest ratedExpecting a Sell-Off: 35 Ways to Protect for Less [View article]
'The Crash of 2008 and What It Means' by George Soros [View article]
what more proof you need?
On Jul 10 06:35 PM whidbey wrote:
> Reflexivity strikes most classical economist as unnecessary for most
> of the reasons Soros seems to find it so appropriate.
>
> The lack of an equilibrium shocks no one presumably. The markets
> are working towards equilibration in the short run but may never
> reach the objective. As for his explanation of how disequilibrium
> can lead to bubbles, he has not offered any data to support his claims
> of its explanatory or descriptive powers. As theory goes his work
> is best classified as descriptive, but not predictive in any sense.
> In short, he is not likely to receive a Nobel prize for his thinking.
> His risking is something else and worth some further research possibly.
Silver's Strength Waning [View article]
Bing's Future Unclear [View article]
and face it yahoo got weird and google is just ad crazy
The Scandal of Overdraft Fees [View article]
i keep a big cushion in it now since i use it for bill pay and dont trust it.
On Jul 02 09:32 PM bigmoney wrote:
> >> he was told that the protection was standard and that he couldn’t
> turn it off
>
> Indeed, you can't turn that sh*t off. I bumped up against this with
> Bankster of Amerika. I had been a long term customer since high
> school, a very long time. Well, they stung me one time, in a snafu
> with online bill pay. I called in, and they wouldn't wave it. Even
> talking with a manager.
>
> So long Bankster of Amerika. Hope you fatten up feasting up on Big
> Gubmint bailout.
>
> Compounding matters is they pay near zero interest. So I found
> a new bank. The new bank will still sting you with overdraft, but
> at least the checking account pays around 2%, so I can leave cash
> sitting in my checking account without getting robbed.
The Scandal of Overdraft Fees [View article]
yes you need to keep a grand cushion - and that is the point - most people do not have that cushion and are getting raped
BAC screwed one of my accounts with some quirky billpay behavior but i was able to talk my way out of the whole wreck and only pay one... i threatened to stop paying my mortgage with them and wouldn't stop yellin at them.. they usually listen at that point
4 Dividend Stocks for 2009: Q2 Update [View article]
if you got less than 25k in the market you cant spread out like that - you have to be ready to lock in some gains and rotate and then spread out
Employment Numbers Uniformly Horrible [View article]
we dont need the rest - we are the best!
Up about 10% since beating last Wednesday, Time's Sean Gregory thinks Bed Bath & Beyond (BBBY) may be a leading indicator. "Call it the Bed Bath & Beyond barometer. Some recent data indicate that as consumers prepare to open up their wallets, they'll be very likely to spruce up their homes." [View news story]
just a hunch.. and their liberal use of the 20% coupon is brilliant for their cost structure
Gold vs. Silver: There Is No Debate [View article]
just be sure to turn your paper gains into something (pigs, gasoline) before the lights go out
On May 29 12:43 AM Suncatcher wrote:
> As I understand the physical precious metals vs stocks, or ETF's,
> argument;is that you hold the physical more as an insurance policy
> (like you might store water and food). You trade stocks and ETF's
> to make money on the market moves while you wait for society to break
> down. And you keep sharp on the range to protect the stuff in your
> basement when the lights go out. Please correct me if I am wrong.
Buy Ford Shares on the Stock Dilution [View article]
in this case.. it really is a contribution
Moody's Slashes Japan's Foreign Currency Credit Rating: Is the U.S. Next? [View article]
The Worst Case Scenario in the Real World [View article]
The Federal Reserve Can Not Account for $9 Trillion in Off-Balance Sheet Transactions? [View article]
Why can't Tyler tell us all what to do so we can make a splash? Start a Fight Club Fund and we'll all invest now
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? [View article]
you nationalize health care and you fix multiple labor markets
but this guy just wants to bust unions