The way I understand it the Fed creates money, lends it to the government and the IRS collects income tax and distributes that income tax back to...
Sounds good to me. Petition the Fed and Congress and see what they say :p
Yes, with the key word being "abused." How a money system that can be created that would not invite corruption is beyond me. It would have to be...
You definitely present an interesting argument but history has suggested that this method doesn't fail based on the merits of the system, but the...
It depends on what you consider evil. The Federal Reserve is an independent, non-government, for-profit, tax-exempt agency that collects their...
Exactly right. The Asian Markets are right on the heels of the US markets and if Congress kills the US markets the obvious choice would be to...
lol
http://www.greencompany.com/EducationCenter/Greenblog011409.pdf
I doubt it because big institutions need someone to take the other side. If an institution wants to dump 1,000,000 shares it needs someone on the...
This is not likely to pass. Until someone knocks the US off its perch it is still the financial capital of the world. People from all around the...
Hedge Fund audit rates will probably increase because I suspect the SEC has the same sized staff and there will soon be about 50% less hedge...
I have never <b>EVER</b> run into a more incompetent firm than Comcast. I fought with them for months to get my connection fixed. It has been...
Clueless gamblers? That's a bit harsh.
Lesson Number 1: Go with the flow. There will be a plethora of short opportunities this year. I blew out trying to go long during 2001. Then I...
Exactly. OP says he has enough to blow up 10x over so I suspect that means he has 200k. Put another 20k into the account, move it to a $500...
Time and Sales is a great tool for interpreting price action. Think about going to the casino and pulling the lever on a slot machine....the...
I wouldn't refer to price action as something that you can look back at after the market has closed but rather, the behavior of the price when the...
Yep! No inventory issues, better tax treatment, easier tax reporting, no PDT rule, what else? Oh yeah, you can really lose your ass but I guess...
Then the answer is to do nothing. Otherwise, your plan may include something like, "keep some powder dry." Typically, if you get caught in a...
Exactly. All trading plans need to include a strategy for WTF?
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