Recent content by Chausey

Elitetrader.com participation has declined significantly in the past 7 years, this is exactly what Altucher is saying with the stock market. Nobody leaves a game they win at. Do the math, the remaining persons are vocal and becoming a minority of news watchers, the rejects comment on Yahoo...

Yes, when all the cities have been built, all the roads paved, all the homes built for citizens and small companies merged into big companies that have billions in cash savings, the list goes on and on, then human beings no longer take out loans from banks to expand the economy on its own. What...

This is an amusing interview with the CEO on CNBC. At 2:58, "How many of your distributors clear the 100k dollar mark..." CEO: "Oh yeah we know that, oh you mean what sales?" The rest of the answer is pure gold. I don't know who is better at evading questions, CEO's of America or...

You are so right! Jamie Dimon, Blankfein and everybody else would be begging for food right now! I might give them a job on my plantation! Somebody's gotta teach the asshole generation a thing about Capitalism.

Microsoft and all software/tech Companies would prefer to send all jobs to India if they could. If they can insource jobs here for lower pay, they definitely are happier to outsource them. Question is, who will buy Microsoft Windows 8 machines over in America when they don't have good paying...

Actually it's HD Net, which is Mark Cuban's network. Looks legit to me. Also, it's easy for companies to hire visas because they just post a job description that only a foreigner would qualify for, but no citizen unless they are extremely lucky and ready to work for way less than they thought...

Maria would never treat Warren Buffett like that, but if a politician says raise taxes on the wealthy, then she acts like a childish brat. Wall Street is in fear that the media can't hype this Cliff event to something worth caring about. We're going off the cliff and life will go on. Some...

Ignorant article. He jumps to the conclusion that because SAC made so much money that it's inevitable Obama wants to take him down. Because he created a "toxic" environment which is B.S. The SEC will fine him and that's it. Steve Cohen has been around a long time and knows how to play the...

It would make sense to me that the Fed wants the US to go off the cliff to raise taxes and cut spending. Why cut a deal? If the Fed actually wants a deal and doesn't get it then I have no doubt they will intentionally let stocks fall to force negotiations again. That's how I'm playing this...

Sorry I got off on something else there. Yes I agree they should use something other than interest rates. Enforce anti-monopoly laws, break up the biggest banks and corporations. The government used to do this, but power got too concentrated and became captive.

Short answer yes. If you're sitting inside the Federal Reserve do you feel safe not doing something? All money is born from human decisions where the humans behind the decision to loan don't have to put up a "consideration". So let's see, 7 billion people on this planet, 5% of the population...

The Fed became the bad bank idea that was floated a long time ago. They are bailing out all the usual banks we always hear about. And those guys give themselves a large salary with bonuses for the good job they are doing, while telling everybody else to live within our means.

Thanks to the central bank we even have a market to complain about. Half of Wall Street would be working a manual plow in upstate New York if there is no intervention. By the way, all money is man made, created by man. There will never be a free market, get over it and live life accepting...

This is what is true. You can't maintain a flat growth curve or else the whole system goes backward until all debts are unpaid and less money is in existence since money = debt. But can't take away interest or the Bankers ability to create debt money because they want to hold onto control...