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  • Guess Who Owns the Most U.S. Debt? Not China [View article]
    Gov Debt vs. Budget. Why separate Gov. Debt from the Gov. Budget, because in general, the Debt is called discretionary (we can spend what we want) spending used for legislative pork, projects and generally wars, the budget is called non-discretionary (we have to pay the bills and keep the lights on) spending.

    My vote is use the Dave Ramsey plan, use the interest we pay to the Fed to buy back our debt from the foreign creditors, pay back the SocSec Trust Fund, etc. SHORT THE private FEDERAL RESERVE money laundering operation.
    Jan 18 04:59 PM | 3 Likes Like |Link to Comment
  • 13% Thursday - When Will You Capitulate? [View article]
    You are not really alone, there are bears out there, they just refuse to come out of the woods to get shot at by a bunch of slap happy drunks throwing caution to the wind. Just look at gold and silver prices, some folks wouldn't touch this market with a 10 ft pole. When/if they pop I'll believe the "bull." I love the way the banks are sucking the individual investers dry.

    Underlying fundamentals in my opinion are little improved over the past 2 years. We're a ship in still waters without wind. Except for Cramer's hot air.
    Jan 13 12:21 PM | 12 Likes Like |Link to Comment
  • It’s Crunch Time for Housing [View article]
    I'm wondering how new home builders will be able to make any profit without affecting quality if the costs to build don't begin to come down. It seems to me that it will be difficult to compete with all of the foreclosed properties that are continuing to come on the market. For instance, I would love to build, but am convinced that the costs would outweigh the finished value.

    It also seems to me that there is a huge market that is being missed by these home builders with 78 million boomers retiring in the next 2 decades. That combined with a jobless "recovery", continued bleeding of jobs due to contracting demand and funding as well as loss to foreign countries, not to mention the impact of increasing tax burdens from the middle class on up...and so on and so on...

    Maybe I'm missing something, but it just seems that the old cyclical models will fail in the face of a newer reality. Someone feel free to please enlighten me.
    Mar 27 09:07 PM | 2 Likes Like |Link to Comment