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Mindrider

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  • Why This Is The Most Hated Bull Market Of All Time - Understanding The Folly Of Financial Engineering [View article]
    Versangitorix, I think your statement has some critical flaws:

    "Corporations are here to serve the sovereign (the American people)" - that sounds nice philosophically, but is not, and has not been the case for most of our history. The American people have had very little say in legislation, tax policy, foreign policy, etc. - this is obvious if you look clearly at our history.

    The reality is that the American people serve the Sovereign (the Corporations). This too is obvious - bailouts of Wall Street crooks against the American peoples' will, subsidies for business interests at the expense of taxpayers, a fractional reserve banking system to benefit international banking interests (who own the right, by US law, to create out of thin air the only legal tender in our economy, and charge the taxpayer interest on each dollar in circulation), committing US troops to battle in undeclared war without consent of congress - again against the will of the people, for the benefit of the Sovereign(the Corporations), etc.

    How about the government "bending over backwards" to follow the constitution?

    No wars (defined by committing even a single soldier/advisor) without a declaration of war.

    Abolishing the fractional reserve system and returning the issuance of currency to the congress where voters can have some influence on our monetary system.

    Changing the election of senators back to how it was originally setup - state legislatures chose the senator, not the people. Let's get back to being a republic, not a democracy.

    Ending corporate welfare - all of it.

    Make lobbying illegal - congress should listen to the people, not the corporations with fat wallets.

    Tax reform - a flat tax that EVERYONE pays, regardless of how much you make - corporations included.

    A law making C level executives financially responsible for their actions - no more hiding behind the protection of corporate structure. Think of how differently Wall Street would act if they knew they were liable for their actions and could do jail time for fraud.

    Let's try real capitalism for change, and let's have the American people have a say in their government again. NO MORE CRONY CAPITALISM.
    Jul 27 11:03 AM | 6 Likes Like |Link to Comment
  • The Amazon.com 'Come To Jesus' Earnings Report [View article]
    stockpicker99 - I suggest you read "Leftfield's" post above, especially the part about "sober scrutiny".

    Then you might want to contemplate "surplusmarketing's" post about burritos.

    Put the Kool-Aid filled Dixie Cup down, before it is too late.
    Jul 26 09:11 AM | Likes Like |Link to Comment
  • The Amazon.com 'Come To Jesus' Earnings Report [View article]
    There are a lot of Kool-Aid drinkers out there too..............and they own Tesla and Amazon stock, naturally.
    Jul 26 08:59 AM | 1 Like Like |Link to Comment
  • Amazon Is Not Worth Your Analytical Firepower [View article]
    Amazon is not making money for its' shareholders, a speculative market of gamblers is creating paper profits for Amazon shareholders - for the time being.
    Jul 26 08:38 AM | 2 Likes Like |Link to Comment
  • Amazon Is Not Worth Your Analytical Firepower [View article]
    Spot on Michael. Jeff Bezos should be compared to Orren Boyle and Amazon should be compared to Associated Steel from Atlas Shrugged. The laws of economics eventually become the laws of physics - Amazon will fail if it continues on its' current path, it is just a matter of when.
    Jul 26 08:37 AM | 2 Likes Like |Link to Comment
  • Nervous Investors Move To Bonds Just Like Belgium? [View article]
    Flux,

    A "phony taper" does make sense - there isn't enough actual growth in the economy to withstand a withdrawal of Fed support. The only question is, how much time do we have before everyone figures this out and it all comes crashing down?
    May 19 07:42 AM | 3 Likes Like |Link to Comment
  • Oxfam Report Suggests The NWO Is Almost Upon Us [View article]
    copacetic99,

    Let me help you out here:
    small: of a size that is less than normal or usual

    government: the governing body of a nation, state, or community

    "the handing over of govt control of the economy to Goldman Sachs executives in the Treasury Dept" is an example of what I would call small government."

    No, this is not an example of "small government", it is an example of "large corruption" of government. Based on your belief, we should dramatically increase the size of government because it is just too small to effectively regulate - increasing the size of government will only increase the number of people that need to be bribed and blackmailed for the ruling elite to get their way - trying to overwhelm them with numbers is not an effective strategy.
    Feb 2 08:27 AM | 1 Like Like |Link to Comment
  • How Obama's 'MyRA' Plan Will Impact The U.S. Economy [View article]
    Morgan,

    I agree with you wholeheartedly about Ayn Rand and Atlas Shrugged. Unfortunately, some people just don't understand her work.
    Feb 1 08:38 AM | 1 Like Like |Link to Comment
  • How Obama's 'MyRA' Plan Will Impact The U.S. Economy [View article]
    fripp1,

    Uncle Sam is always awash in cash, and sending the taxpayers the bill. Surely you recognize that?
    Feb 1 08:21 AM | 4 Likes Like |Link to Comment
  • How Obama's 'MyRA' Plan Will Impact The U.S. Economy [View article]
    Tomlos - I need to add a little to your observation:

    "Sadly, the middle to lower class is getting stupider and this government is capitalizing on it."

    Sadly, the middle to lower class is getting stupider and this government is capitalizing on it, promoting, and counting on it.
    Feb 1 08:20 AM | 6 Likes Like |Link to Comment
  • How Obama's 'MyRA' Plan Will Impact The U.S. Economy [View article]
    WMARKW - spot on.
    This is simply an introduction to the idea that retirement accounts should be invested in government securities and paves the way for forcing ALL retirement account balances into government securities.
    This will be done after the next "banking crisis" and stock market crash. It will be pushed as "the only way to prevent retirement account losses for the public" rather than as the actual confiscation of citizens assets to shore up the system.
    Feb 1 08:16 AM | 10 Likes Like |Link to Comment
  • Why We Are Keynesians [View article]
    MrVincent - thank you for exposing the true intent of Keynesianism in its' architects own words!!
    Jan 25 10:46 AM | 3 Likes Like |Link to Comment
  • Why We Are Keynesians [View article]
    Asbytec - "It is the government's currency, after all, it says so right on the currency".

    Asbytec, I don't know what currency you are looking at, I assumed you knew we were discussing "Federal Reserve Notes" which is what is printed on all the currency we can legally use in the United States. Surely you don't think the Federal Reserve is part of the government? If you do, I strongly suggest you Google Federal Reserve and do a little research.

    Keynesianism is the academic justification for a fiat currency system which allows the manipulation of the value of the currency to exploit the masses for the benefit of the ruling elite.

    You might find it interesting to read the Austrian Business Cycle Theory which clearly explains what happens when you allow a fiat currency system to exist and be manipulated by a central bank:

    http://bit.ly/1ceX7Tg

    Booms are created to create wealth for the masses, busts are created to take that wealth from them and further enslave the population under the burden of debt and taxes, which must be paid back with interest - a pretty good racket for Banksters without a conscience.
    Jan 25 10:43 AM | 1 Like Like |Link to Comment
  • Why We Are Keynesians [View article]
    Satan2liberals - love that name and your comments - wish I could have said it better.

    I would advise Shareholders Unite to invest his stuffed coffers into something tangible quickly to preserve future purchasing power - the idea that anyone would trust the governments calculation of inflation when they continue to alter the formula every few years is insane.

    The whole point of Keynesianism is to have an economic explanation to justify the creation of a fiat currency system to loot the masses and flow all the wealth and power to the ruling elite. Keynesianism has worked so well that our purchasing power since the creation of the Federal Reserve has diminished to pennies on the dollar - a great testimony to the validity of Keynesian logic.
    Jan 25 10:27 AM | 4 Likes Like |Link to Comment
  • Is The U.S. Bankrupt? [View article]
    Charles,

    Teaching "critical thinking" is taboo in public education. The whole reason the wealthy elite pushed government involvement in education was to "train" the masses to conform and obey. They accomplished this by adopting the Prussian education system in the early 1900's and making school mandatory for all. Since then, the general level of education has steadily declined. 150 years ago, someone who passed second grade was completely literate. If you look at the test required to pass sixth grade from the same time period, you would have a hard time finding many college graduates that could pass it. Much of this "unknown history" is documented in the work of John Taylor Gatto. There is an excellent series of Youtube videos called "The Ultimate History Lesson" which is an interview with John Taylor Gatto about this very thing - it is well worth watching:

    http://bit.ly/1cTB5kS

    Critical thinking skills is a threat to the current power structure.

    Enjoy.
    Dec 26 09:04 AM | 1 Like Like |Link to Comment
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