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There are different levels of dysfunction when it comes to mental illness. You certainly wouldn't advocate legislation revoking the custody of children from any parent who has any mental illness, would you, and if you do, where would you draw the bright line as to when to do so? In other...

I want to post the pic even though I'm firmly in the deflation camp for now (and big time deflation at that; and yes, even now, after much air has been let out of prices):

You intentionally took my comment out of context, though you didn't change the words you quoted or their intent. Without the context, it appears that I am much more adamant one way or the other. If you read my original post, I specifically stated that homosexuality was listed as a mental...

There are only two risks you're taking AFAIK, not that they're completely harmless: 1) Default (addressed previously; statistically FAR less likely than corporate bonds, or anything but treasuries - maybe 1% in the worse case scenario, maybe 2% [that's got to be a stretch given taxation...

'Full Faith & Credit.' Sure, it may not be akin to a federal guarantee, but the tax appropriation of local government units is nothing to sneer at. That doesn't mean default rates won't double or even triple, but the % default rate would still be negligible at that point. Besides, if...

What will become of the bubble known as Alberta, Canada, if oil stays low or heads lower? That's some massively inflated real estate and everything else up there built on the back of $100+ per barrel oil, eh? They may just have to shut those tar sand pits down, and it will be 'ghostly like.'

Landis called this post of the week. I concur. Epic. Give thanks for what you have and fret not about what you don't... 'True Liberty is the realization that you don't need that which striving to obtain will make you worse off.'

And I won't be too humble to take credit for that oil knock-on effect call (as the final nail in the coffin).

Credit the author of that article I linked. Big up.

Speaking of which, it is expected that credit card issuers will slash 2 trillion in available plastic credit in the near future. And the hits just keep on comin'...

I believe that calorie restricted diets (super restricted; something like the equivalent of 1,200 calories for an adult or less) have the ability to extend human life by a theoretical 20% or more - they've shown as much as 100% in lab mice. Basically, the human body is like a furnace, and the...

I don't have any problems with Canada (except their tax structure, but that affects Canadians, not me). In fact, I rather like and admire Canada.

Well, then post your book. I'm not too proud to borrow (or steal) ideas if they make sense. Don't tell me you're looking for entry points in hard commodities...

2 major reasons (obligatory IMO): 1) The U.S. is Canada's largest export market; 2) The Canadian currency is heavily dependent on mining and natural resource pricing. Canada is similar to Australia in terms of its structure; some manufacturing, but heavily resource price dependent. Canada...

Especially Mosaic and Potash. Billion dollar shorts for the big balled 9 months back. Is stock_trd3r still long from the '07 highs?

Define 'depression.' I may or may not agree. I am extremely bearish and confident it's a warranted attitude.

Great timing on your blatant 'wrongness.' Maybe it was just coincidence or bad luck on your part, but either way, it looks so bad - because it was so arrogant.

http://hosted.ap.org/dynamic/stories/M/MELTDOWN_IGNORED_WARNINGS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT December 1, 2008 11:52 AM EST AP IMPACT: They warned us, but US eased loan rules By MATT APUZZO Associated Press Writer WASHINGTON (AP) -- The Bush administration backed off...

I read that the risk of default with muni bonds is less than 1/70th of one percent - I believe the hard numbers are something like less than 7 defaults in 42 years. They are backed by taxpayers, after all, with many states having arrangements to back the local units in the event of...

Word on the Street is that this year's 'Black Friday' was bloody and is likely to get bloodier as margins trickle in. Who knows, though.