This video explains the origin of the mess we are in. Look at a long term chart for the DOW and see the change in 1995. A bogus economy was...
I agree. A person with an addictive personality will have to live with this condition all his live. The trick is to be able to turn all the...
I could be wrong, but so far I have not heard Obama tell one single joke, be genuinely funny or have the capacity to make fun of himself....
In 2000 half the population voted for one candidate and the other half for the other. As the dust settled each side was completely convinced...
Most probably C.
Former Goldman banker leads bailout By EAMON JAVERS & LISA LERER | 10/7/08 4:38 AM EDT When he took to the lectern at the American...
Speaking to the bishops assembled at the Vatican, Pope Benedict said those who seek "success, career or money are building on sand". **********...
"It looks like Bloomberg.com is affected by the hijacking. The site itself isn't infected, but the adserver serving certain banner ads is....
All traders could stop trading for a whole day to protest this move. I wonder how this would affect the markets. A trader's strike.
Relaxing lending standards to 'make' people afford houses, violates the same economic principles that a 'universal health care' program would.
Not sure if this has been posted earlier. Why are they only singling traders out? What right do they have? Isn't it against the law to...
In 2005 when real estate values were flying off the map NOBODY was complaining. The vast majority of people who are in trouble used their home...
must have been my very high tolerance for self inflicted pain...:D
Americans scored closed to 1.8 Trillion.
because if not, ALL taxpayer's real estate will keep sinking in value without a catalyst to help create a bottom quickly.
The solution would be to create a 700B real estate management company to mop up all residential distressed real estate and rent it out to the...
Agree completely. Programs lowering loan standards to 'help' people who wouldn't otherwise qualify had good intentions but sometimes meaning good...
I am not so sure we can blame politicians for natural market behaviors. It would be similar as to trying to prevent Nasdaq from reaching 5000...
More like 30 yrs. When a credit bubble bursts, the only possible outcome is catastrophe. Nothing anybody can do about it. It's part of what...
Thanks dmabe. Not having to program anything is probably a good alternative. Is it correct, the cost of setting the system up will run approx...
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