Recent content by ProfitTakgFool

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    If most daytraders lose money, then...

    The majority of people who start businesses other than trading also fail so why does trading, especially day trading, get such a bad rap? If you started a restaurant and failed you'd get respect for starting a restaurant but if you start day trading and fail you get the proverbial, "I told you...
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    Which Central Banks are PRIVATE ???

    Yeah, I caught that but I guess I wanted to use your thread to open up a little rant. Sorry bout that. The only thing I could find about another private bank was in Australia. Hit Australia's Google site and see what you can find. I suspect you'll have a hard time finding information on...
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    Which Central Banks are PRIVATE ???

    Alright, here you go homey. Does this sound familiar? This should be good for one BJ. :p http://ezinearticles.com/?The-Reserve-Bank-Of-Australia-Is-A-Conspiracy-Of-Satan&id=694253
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    Which Central Banks are PRIVATE ???

    Well shit, why didn't you say that in the beginning. How can we not help a guy out? Off to google I go. I'll give you a shout when I find something. Stay on topic here guys. This dude needs some lovin' :D
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    Which Central Banks are PRIVATE ???

    I would say both. The Fed has the power to create money so what the heck, they create money at alarming rates. Some would argue that Congress doesn't fully understand the situation and how the Fed works. I highly doubt that. You don't have to be a highly educated person to understand how the...
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    Which Central Banks are PRIVATE ???

    You have a very valid point. Could you imagine an Illinois Governor in charge of the money supply? I hear they are going to be building a governor's wing over at Statesville. Who can be trusted with the money? I don't suppose we can get Ben Franklin out of the grave. An efficient money...
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    Which Central Banks are PRIVATE ???

    It hasn't been fully tried in the US but it has been used throughout history and the problem is Gold is a scarce material. For the sake of argument, let's say $100 is tied to 1 oz of gold. For every $100 the government creates 1 oz of gold has to be at Fort Knox, or some other location but...
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    Which Central Banks are PRIVATE ???

    This video is spot on. The Federal Reserve <b>created</b> the Great Depression by creating a massive credit bubble. By the time it popped I imagine the Board of Governors were in an office somewhere going, "Oh shit. What do we do?" :eek: They did the obvious thing and tightened credit...
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    Which Central Banks are PRIVATE ???

    Profoundly Exceptional Book. Link attached for your convenience. http://www.amazon.com/Web-Debt-Shocking-Truth-System/dp/0979560829/ref=sr_1_1?ie=UTF8&s=books&qid=1232746796&sr=1-1
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    Which Central Banks are PRIVATE ???

    Europe is under the same control as the American government. The Bank of England and The Federal Reserve are run by the same banking cartel.
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    Which Central Banks are PRIVATE ???

    <b>NO!</b> Amazing, isn't it? The Federal Reserve generates its profits by lending money to the government and charging us the interest through Income Tax yet it is a tax-exempt organization that is 100% privately owned. It's quite shocking when you first discover this. Actually...
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    Just where are the folks who say the TARP had to do 'Buffett' type injections?

    I used to read Richard Russell a number of years ago and all he talked about was the advance from 2002 to 2007 being manufactured and how the Fiat currency would eventually collapse. At the time I had a very naive view of monetary policy and I thought Russell was another one of those perma...
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    Just where are the folks who say the TARP had to do 'Buffett' type injections?

    This bailout has a really bad smell to it. There is only one way the economy is going to turn around and that's by getting the consumer spending again but consumers will not spend because they can't take on any more debt than they currently have. Consumers are as highly leveraged as the banks...
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    Futures Prop Firms?

    Not true. If you have a track record a prop firm will take your <b>un-audited</b> brokerage statements if they are interested in hiring you. I think what the OP means is, how do I get 100k to trade with when I only got 10k right now but I'm doing pretty well with that, just want more...
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    who is stock_trad3r ?????

    He's a real person, and an entertaining one at that. Paaaaleeeeeease do not get rid of stock_trad3r!
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