Rabbito

The U.S. on the Precipice

Richard Dean Anderson

Current Market Turmoil: You Can’t Explain 'Stupid'

I can explain stupid -- this article

The U.S. on the Precipice

I hear a lot of people blaming the people and the voters. Its not there fault, everthing they read in the newspapers and see on TV is slanted towards corporate interests. As such the real stories are never told. You can't expect average people to scavenge the internet looking for the "TRUTH".

TAKE THE CORPORATE SLANT OUT OF THE MEDIA AND YOU FIX THE COUNTRY.

The U.S. on the Precipice

Huanglin: What you say is a fallacy "your point about not having SS will promote people to save" this is what Tony was trying to point out and then you just go on a tangent. Keep drinking the kool-aid!!LOL!!

The Reverse Wealth Effect

who deleted my post?

The Reverse Wealth Effect

Why is their no wage-price spiral now???

I have 2 theories

1. Today's consumers easy access to credit cards. With that access consumers put the higher balances on their cards instead of asking for higher pay at their jobs. What happens when their balances get too high? Bankrupcy.

2. Too much competition for jobs. In the world economy. If Americans ask for more $$ their jobs will be shipped over seas.

Anyone else have any theories as to why wages won't keep pace with inflation like what happended in the 70's

Was That a Short-Covering Rally?

I was thinking of short BSC tomorrow, any thoughts out there?

Was That a Short-Covering Rally?

I dont understand how lower interest rates or bank bail outs would lead someone to conclude that we are headed for a new bull market