Recent content by reiser999

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    The future of the United States includes...

    LOL The last 20 pages of posts or so have gotten so far off topic you might as well rename the topic. "The past of the United States included...." It has had nothing to do with the future of the US. Neither of the two prominent posters are contributing anything new to the...
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    Canada Got It Right.....US Got It Wrong....

    People should stop assuming that Canada is some type of safe haven if the worst comes to pass in the US or UK. Canada is not even a republic it is just a commonwealth, their commander-in-chief is the queen and the British empire has been long dead since WW2 (that sound very reassuring)...
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    Exit tax to leave the country

    The IRS link is still relevant, it does not contradict the 'Heart Act' http://www.mwe.com/index.cfm/fuseaction/publications.nldetail/object_id/36c3cb82-e7f9-4651-9668-f986d5f73e58.cfm Government links: Summary of Federal Income Tax Changes 2008...
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    Exit tax to leave the country

    Here is the expatriation tax law: http://www.irs.gov/businesses/small/international/article/0,,id=97245,00.html There will be an exit tax based on the estimated value of all your claimed assets (realized or unrealized). So even if you have not sold a capital asset you will be taxed on the...
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    CNN's "Rookie Trader" series

    Over the past few days CNN International has been showing this program as an intro to trading: http://questmeansbusiness.blogs.cnn.com/category/rookie-trader/ I just saw part 5 on the TV, it should be uploaded shortly to the website.
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    Michigan offers to house California prisoners

    CHICAGO, June 29 (Reuters) - Michigan has to close prisons to save money. California's are bursting at the seams. Both states are struggling with huge budget gaps. Now, Michigan Governor Jennifer Granholm has offered California some of the state's prisons that are slated to close at a...
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    Bloomberg TV question

    Bloomberg TV has greatly cut down on their staff in the past year. They also only broadcast in english now, and their radio service is basically a simulcast of bloomberg tv. Outside the US I notice that there are much less ads, although the breaks are timed specifically for the US audience...
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    List of some other defaulting states besides CA

    NY and NJ are literally right behind California.
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    personal experiences

    After Bretton-woods of course the purchasing power of the US was kept artifically high, and a dramatic increase of spending occured. It wasn't until the US had to "default" on the gold standard that this bubble economy become clearly evident. From the S&L crisis, crash of 87 to the tech bubble...
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    lightspeed

    Lightspeed also offers clearing services through Southwest clearing if requested. They also offer rediplus if you put in at least $50,000 into an account.
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    Best broker for Short Selling

    Here it is http://mediaserver.thinkorswim.com/reports/EasyToBorrow.pdf
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    Even really smart people fell for Madoff scheme

    When you look at people like Warren Buffett who has a masters in economics from Columbia and John Paulson who has an MBA from HBS, then compare it to all the other MBAs and economics majors and look at where they are now there is still a wide disparity among them. Even George Bush is the only...
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    Even really smart people fell for Madoff scheme

    Touché, but he is still one of many. Remember LTCM.
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