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  1. peilthetraveler

    The economics of Islamic banking

    What I like about Islamic banking... (from wikipedia) In theory, Islamic banking is an example of full-reserve banking, with banks achieving a 100% reserve ratio. What I dont like... However, in practice, this is not the case, and no examples of 100 per cent reserve banking are...
  2. peilthetraveler

    Should prisoners be forced to carry their own weight?

    in 2011, there were 6,336 prisoners in federal prison for marijuana related drug convictions.(out of 101,929 inmates) so thats roughly 6% of the federal inmate population. Now there could be more to the story for this because marijuana related offenses doesnt just mean simple possession, it...
  3. peilthetraveler

    Brazil puts RFID chips in school uniforms

    http://www.bbc.co.uk/news/world-latin-america-17484532 I kind of think thats a good idea. It sends the parent a text when their kid enters the building and a text if they dont show up to class.
  4. peilthetraveler

    Ontario Canada legalizes protitution

    http://twitchy.com/2012/03/26/ontario-canada-court-legalizes-prostitution/ Looks like Canada is the new Amsterdam.
  5. peilthetraveler

    Should prisoners be forced to carry their own weight?

    They say it cost about $70k per year to house prisoners. Shouldnt we put them all to work making reeboks or putting together iphones for free so they pay for their own meals & housing and medical? Prison is supposed to be a punishment, but really the only punishment they get in prison is the...
  6. peilthetraveler

    Black panther party head: We will burn detroit down

    http://twitchy.com/2012/03/27/new-black-panther-party-head-we-will-burn-detroit-down/ And they wonder why people are prejudiced against them.
  7. peilthetraveler

    Fridays lottery a record half a billion dollars

    Someone hit 5 of the numbers about 8 miles away from my house yesterday. They get $308,000. I wonder if they are happy or sad that they didnt get the 341 million on tuesday. Its Amazing that the lottery went up 150 million in a single drawing. If we dont hit it this week we may be close to...
  8. peilthetraveler

    Fridays lottery a record half a billion dollars

    400 people can get a guaranteed million...if 400 people just pick the right numbers. :P
  9. peilthetraveler

    Fridays lottery a record half a billion dollars

    http://www.lotterypost.com/news/244183 Odds of winning are 176 million to one. Lump sum cash option is 341 million. So if you want to guarantee a double of your money, just buy every combination and you have an easy $165 million.
  10. peilthetraveler

    Trayvon Martin (NO_LIMIT_NIGGA)

    Zimmerman was well within his rights to approach and speak to Martin. If you want to get technical, the entire event happened because Martin was a drug user who got caught with a bag of ganja in school and got suspended so he used that time to go stay with his dad. If he didnt use drugs and...
  11. peilthetraveler

    Trading on Divine Psychology

    The average person had no idea about computers or how they worked in the 1970s. All they knew about computers was what they saw on TV. They had lots of lights and reel to real tape. If you were in the computer industry(a very small industry in the 1970s), then you might have an idea of what...
  12. peilthetraveler

    Trading on Divine Psychology

    40 years is a long time into the future. If they were telling you about it, you would think they would say shit that doesn't make sense yet. For instance...if you went back in time 40 years and said to someone "buy Apple one day because they are going to make these cool ipods and iphones and...
  13. peilthetraveler

    Official Police Report - Trayvon Martin shooting

    Wow...they released the 13 year olds name? I hope for his sake he is black, because if that little boy is white, he is going to get beaten at school by the black kids when they find out.
  14. peilthetraveler

    Trayvon Martin (NO_LIMIT_NIGGA)

    Oh and dont forget...the police report said Martin was 160 pounds...not 140 like the media has been saying.
  15. peilthetraveler

    Official Police Report - Trayvon Martin shooting

    I knew that little shit wasnt 140 pounds like the media has been saying. Police report says he is 6 ft and 160 pounds, If the media got those small details wrong, what else did they get wrong?
  16. peilthetraveler

    Looking to set up trading account for the kids

    Uggg...I'm an idiot. It just came to me. I'll just use a trust. Psshh...it's always the simplest things that elude you sometimes. :) A few bucks more though to set up, but no biggie.
  17. peilthetraveler

    Looking to set up trading account for the kids

    That sounds like a good idea too. I should put $2k in a coverdell buy & hold non-margin account and $2k in a higher risk forex/futures account and see which one ends up on top after 17 years. :) But I still need a to know if there is some kind of custodial account out there that allows...
  18. peilthetraveler

    Looking to set up trading account for the kids

    Does anyone know of a type of trading account that I can set up for my kids, that allows higher risk trades(most seem to only let you buy a certain list of mutual funds or low risk stocks). For instance, the UGMA/UTLA doesn't allow margin accounts, so thats out. 529 plan is the same way. Is...
  19. peilthetraveler

    Bernanke: We are going to see higher inflation in the next few months

    "We'll see a little bit higher inflation the next few months because of the higher gas prices. And we'll see consumers-- with a little l-- less-- income to spend. And that will also be-- a bit of-- a hit on growth."...
  20. peilthetraveler

    Trayvon Martin (NO_LIMIT_NIGGA)

    Well according the media now, if you are half white like Zimmerman, you are a white guy. So i guess Obama is white.
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