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WMARKW

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  • MF Global (MFGLQ.PK) had been using client cash for "several days if not weeks" before its bankruptcy rather than, as previously thought, just a few days prior, Reuters reports. If true, it would pose the question why CME (CME) reviewed MF's books a week before the bankruptcy and found no problems.  [View news story]
    CME - "Criminal Manipulating Enterprise"
    Dec 4, 2011. 12:39 PM | 3 Likes Like |Link to Comment
  • Precious Metals: Fundamentals And Technicals Show That It's Time to Sell [View article]
    Funkengruve.....I have my silver made into bullets so they are easier to carry in my bandelero - serve dual purpose.
    Dec 3, 2011. 01:21 PM | Likes Like |Link to Comment
  • Precious Metals: Fundamentals And Technicals Show That It's Time to Sell [View article]
    Propane: careful...it is heavier than air. Don't store it in your basement near your furnace or gas water heater.
    Dec 3, 2011. 01:20 PM | Likes Like |Link to Comment
  • Suffering From An Inability To Connect The Dots [View article]
    Hmmmmmm......so are you saying that individuals that invest in precious metals are supposed to pay tax on the gain between a purchase and sale price? Does it work the other way too....If I buy at $1900 and sell at $1650....do I get a capital loss?
    Dec 3, 2011. 01:19 PM | Likes Like |Link to Comment
  • Suffering From An Inability To Connect The Dots [View article]
    Netbluesky.....and thus the banksters are really "blood suckers".
    Dec 3, 2011. 01:17 PM | Likes Like |Link to Comment
  • Is Gold A Risk Asset Or A Safe Haven? [View article]
    Tis the Season!
    Dec 3, 2011. 01:15 PM | Likes Like |Link to Comment
  • Important Story On Fed Actions [View article]
    Seems the bond holders got ripped off in the GM fiasco to the benefit of the unions....did I remember incorrectly.
    Dec 3, 2011. 01:02 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I think its a better definition of treason....go construct the gallows.
    Dec 3, 2011. 12:57 PM | 3 Likes Like |Link to Comment
  • Rich people don’t create jobs - demand does - millionaire entrepreneur Nick Hanauer writes. “When businesspeople take credit for creating jobs, it is like squirrels taking credit for creating evolution... it’s the other way around.” The rich should be taxed more, he says, so their money can be used to improve the purchasing power of the middle class.  [View news story]
    Davidbdc....I agree. Consider the above:

    "Our society that "earns" their lofty wages have a direct resposibility to the same system that allows them to extract the lions share of wealth."

    And so my question to jmjmj1 is this....are you then assuming that it's the government's job to take the money from those who extract the lions share and distribute it? Where did you ever come up with the idea that private citizens, churches and charitable organizations weren't sufficiently capable of dealing with that without government intrusion?

    OK...I just read your following post and I am more mellow. Locally, I see more being done for homeless privately than could ever be done efficiently by the government.
    Dec 3, 2011. 12:47 PM | 1 Like Like |Link to Comment
  • Rich people don’t create jobs - demand does - millionaire entrepreneur Nick Hanauer writes. “When businesspeople take credit for creating jobs, it is like squirrels taking credit for creating evolution... it’s the other way around.” The rich should be taxed more, he says, so their money can be used to improve the purchasing power of the middle class.  [View news story]
    Yes Bob....too few....so something else has to happen. Do you think our "leaders" have a clue?
    Dec 3, 2011. 12:43 PM | Likes Like |Link to Comment
  • Rich people don’t create jobs - demand does - millionaire entrepreneur Nick Hanauer writes. “When businesspeople take credit for creating jobs, it is like squirrels taking credit for creating evolution... it’s the other way around.” The rich should be taxed more, he says, so their money can be used to improve the purchasing power of the middle class.  [View news story]
    Coddy0....yes...that's exactly what happens when tax proceeds are deposited in the IRS account....they instantly destroy previously created money.
    Dec 3, 2011. 12:40 PM | Likes Like |Link to Comment
  • Rich people don’t create jobs - demand does - millionaire entrepreneur Nick Hanauer writes. “When businesspeople take credit for creating jobs, it is like squirrels taking credit for creating evolution... it’s the other way around.” The rich should be taxed more, he says, so their money can be used to improve the purchasing power of the middle class.  [View news story]
    Smoke....yea....expeci... when the fine gets paid to the government and not to the victims.
    Dec 3, 2011. 12:39 PM | Likes Like |Link to Comment
  • Rich people don’t create jobs - demand does - millionaire entrepreneur Nick Hanauer writes. “When businesspeople take credit for creating jobs, it is like squirrels taking credit for creating evolution... it’s the other way around.” The rich should be taxed more, he says, so their money can be used to improve the purchasing power of the middle class.  [View news story]
    KMI.....there is no demand unless the buyers all have "credit" cards with an unused line of borrowing.
    Dec 3, 2011. 12:38 PM | Likes Like |Link to Comment
  • "Deficit scolds and inflation obsessives" are leading us "down the path to ruin," Paul Krugman contends in his latest NYT column. Whenever someone says a Greece-style fate awaits the U.S. if it doesn’t cut spending, "your answer should be that if we do slash spending while the economy is still in a depression, we’ll turn into Europe. In fact, we’re well on our way."  [View news story]
    Wyatt....so you are saying the politicians will tell you anything you want to hear to get the tax passed, but then they'll do what ever they want to do with the revenue later.....sounds like my first wife.
    Dec 3, 2011. 12:30 PM | Likes Like |Link to Comment
  • Nov. Nonfarm Payrolls: +120K vs. consensus of +125K, +100K (revised) prior. Unemployment 8.6% vs 9% expected. Avg. hourly earnings -0.1%. to $23.18. Workweek unchanged at 34.3 hours.  [View news story]
    Yea MKW....interesting that the only ones campaigning and having to answer questions are the Republicans right now....what a bunch of baloney. I guess the Dems figure if you can avoid having to be in the spotlight for the next 12 months....then you can avoid having to answer for the current situation. Thanks MSM.
    Dec 3, 2011. 12:09 PM | Likes Like |Link to Comment
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