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Great article. Paulson is such an enormous POS. He should be hung.

I agree that individuals are partially to blame, but so are the mortgage factories and financial firms, and right now and into the future, all your asses are paying AIG, Goldman, Bank of American, ShittyGroup, Wells Fargo, etc. salaries and bonuses - for years to come. These firms all...

The bailout of AIG is benefiting every firm that created and profited from the mortgage crisis, which has taken down the global economy. The bailout of AIG is one of the worst mistakes our government has ever made. Paulson and his little lackey, Geithner, and Bernanke are all major criminals.

lol.

Look at the date I posted this, and consider what happened since: http://www.elitetrader.com/vb/showthread.php?s=&threadid=132407&highlight=storm Note that since then, banks have formed a tacit agreement with government; in order to get TARP funds, they agreed to a 90 day moratorium on...

Station Casinos to file for bankruptcy http://www.lvrj.com/business/41438092.html By ARNOLD M. KNIGHTLY LAS VEGAS REVIEW-JOURNAL Station Casinos plans to file for bankruptcy by April 15, the gaming company said this week in a federal court filing. Station's Monday filing came in...

This will be the real plan, not the B.S. recycled garbage that was leaked. Bo Lundgren is in town. Watch financials tank this week. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5019186/US-calls-on-Mr-Fix-It.html US calls on Sweden's "Mr Fix It" Bo Lundgren The...

Page 15 of this thread: http://www.elitetrader.com/vb/showthread.php?s=&postid=2357804#post2357804

Just multiply the figures for those in debt by about 6x or 7x, and add about 30k to the beggar's cup - NYC beggars routinely rake in 50k a year.

They said half of the pizzas he delivers oddly never make it to the customer.

Truth. America has followed the UK into selling out much of the ability to make things, devise new ways to make things, protect the proprietary information involved in making things - and has headed towards an economy based on the nascent and naive view that designing and creating financial...

I wouldn't be surprised if the true unemployment rate on a national basis or state by state basis is at least 50% and maybe 2x higher than the officially published %.

Excellent points.

One year of good rains and other good farming conditions will alleviate all the hyperbole about food shortages. I'll never accept claims of peak anything anymore given that humans have an incredible capacity to cut back on anything from fuel to alcohol to cigarettes to gambling, and yes, even...

Watch and see as the rest of the central banks try to save the day by following Bernanke & Co. in going close to or all the way to zero. This is why betting against the USD may be a bad move. Everything is relative in good times and bad. Inflate or die! is the mantra around the world. When...

I told everyone here in my 'Get The Hell Out Part IV; A Storm Is About To Hit' thread that my contact, who is in the inner circle, told me that banks are deciding not to institute foreclosure proceeding on hundreds of thousands of homes, as they don't want to take the house back, and sit on it...

As someone said earlier, she's not really the MILF type. She looks pretty worn out, with some heavy duty mileage of the Service Schedule I type.

Despite the claims of high used car prices because of a terrible economy, I'll never buy a new car again. My next sled is going to be a BMW 5 series or a Lexus LS460 - prices on even these cars are plunging around here. I can get a two year old one for about 40% to 50% of the new selling...

The U.S. government is the biggest obstacle to building a successful business in this nation - you have to spend 80% of your time dealing with paper work, licensing, regulations of one kind or another, and an archaic, incredibly confusing and inefficient tax structure. At the end of the day...