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  1. 4

    Unfair Mortgage plan

    It's good to see someone finally looking out for the interests of the extremely wealthy. No offense, but it sounds like Alan Greenspan himself brainwashed you. As a matter of fact, I'm pretty sure that last sentence is a direct quote from Greenspan or at least a paraphrase (using "poorer" to...
  2. 4

    A real solution that can buy us the time we need...

    I'm not sure if you're joking or not, but you do realize the average electric motor used in a hybrid is 15 HP, right? Your 399.99 compressor would explode after an hour or two. And have you ever driven a hybrid, even an extremely light hybrid like an Insight, with only the electric motor? 9...
  3. 4

    NY Times: Large Banks on the Edge of Insolvency

    DUH! I had to check the date on that article, and yes, it's current. Someone call the New Your Times and tell them a war broke out in Iraq, not the second one, the first one. Better let them know JFK was assassinated too, just in case.
  4. 4

    Unfair Mortgage plan

    Therein lies our problem. If you allow wave after wave of foreclosures, toxic assets become more toxic, more banks fail, stock market tanks, economy falls to epic levels and more foreclosures ensue thus accelerating the negative feedback loop. If you help those who took on costly mortgages...
  5. 4

    Obama Says Yes We Can....Caterpillar Says No We Can´t....

    :) Enough of that. We all know Reagonomics has a 4-year delay. It took least that long for supply side economics to defeat the inflation bug that was created in the '70s due to the oil embargo, so it's perfectly logical that it skipped the early '90s and hit Clinton. Pure, simple logic.
  6. 4

    Obama Says Yes We Can....Caterpillar Says No We Can´t....

    I call that "smile now cry later" economics. Thank you Greenspan/supply side economics/Reaganomics/Ayn Rand/Adam Smith. I love them all. Greed is good. The pursuit of self-interest is a person's highest moral obligation. Government should only exist to protect businessmen and their...
  7. 4

    There Is No Hope Left: Listen to Bernanke's Answers To Ron Paul's Questions Yesterday

    So basically he's a Greenspan clone minus the charisma. Yeah, we might be fucked.
  8. 4

    Michael Moore's new movie..

    Democrats should practice excommunication and kick big and sloppy out of the party.
  9. 4

    Cramer Before and After.

    He's a sociopath. He effectively hides it from his unsophisticated audience by behaving like an ass-clown.
  10. 4

    Bird flu pandemic soon? Bird flu stocks

    I heard a nobel prize winning team of scientists discovered a promising treatment, a cure if you will, for avian flu. It involves bed rest, chicken noodle soup and 7-up. Nothing to see here, people. Move along. Twenty-five people have died from bird flu in China since the disease...
  11. 4

    Sirius XM Prepares Bankruptcy Filing

    So they're not going to that 1 for 300 stock split? How the hell did they hold on this long?
  12. 4

    Sentor Dodd Says MTM may be part of Obama Plan - Reuters

    I tend to agree. If the market rallies when information like this is leaked, it puts more pressure on the lawmakers who oppose it, whether it be mark to market, good bank/bad bank or whatever is in his (their) agenda.
  13. 4

    I loaded up on these Options at today's(2/10 tues) end...

    Implied volatility on the option. It tends to drift down as the price moves up (especially in current market conditions), so your call will be worth less even though you predicted the correct direction of the underlying. That doesn't mean you won't make a profit—just less than you expected...
  14. 4

    I loaded up on these Options at today's(2/10 tues) end...

    I don't like it. Since IV is still pretty high, especially after today, your calls aren't going to be worth as much as you think due to IV crush, assuming the market drifts up (which is plausible to me). And I wouldn't bet against GLD right now. Other than that, what are your expiration...
  15. 4

    What Did Geithner Do Exactly?

    It isn't a bad speech, but no surprises so far. I get the impression the theme behind the scenes is confidence.
  16. 4

    I am long FAS overnight in anticipation of the bank announcement

    /ES is down 1.5%, 12:00 A.M. EST. Unless Geitner drops a bomb or the Senate breaks out in a fist fight, I think tomorrow will be slightly up or down, no major moves. Give the market a couple days to digest everything and plan the next move.
  17. 4

    Okay, which one of you loaned Russia money?

    Didn't they just go bankrupt ten years ago? And ten years before that? I'm starting to see a pattern here. http://www.bloomberg.com/apps/news?pid=20601087&sid=aQ3aCVfB6U2A&refer=home Feb. 10 (Bloomberg) -- The euro fell against the dollar and the yen as a Nikkei newspaper report that...
  18. 4

    What do you think about Obama's speech on the economy?

    Ehh. I wasn't impressed, especially when he had to remind us he inherited this problem. Yes, Obama, we know (but you were in the senate, so you weren't completely out of the loop). Play the strong leader and move forward. Failure is not an option.
  19. 4

    Death Penalty For Economic Crimes?

    Really? It's all one big exaggeration? Since most Americans lost at least 40% of their wealth last year, and they still haven't seen a bottom, I'm surprised the response has been so muted. Personally, I'd like to see a few individuals hung from their scrotums, and I had a pretty decent '08.
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