Search results

The alternative to raising taxes is to cut about $800B from the annual federal budget. Call it $3T in spending cuts over the presidential term. Would be interested in hearing precisely where the ET community would wield the knife, and how they would plan to sell it to the electorate.

Volker.

Plunge from where? The current administration already nationalized most of the good stuff. :mad:

The current Mr. Treasury just put in - this is not a joke - the former head of Risk Management at Bear Stearns as a senior VP for the $700B thing (not a joke). By the time Obama's pick takes the reins it'll all be over anyway.

I have no particular like for Obama, but it would be simply irresponsible to reward the GOP with another 4 years in the Big Chair after the absolute debacle that has been the current administration. The GOP needs to rebuild from the base up - they are in danger of losing an entire generation...

It seems the current GOP administration has been reading a bit of Marx lately. Item #5 on the infamous list of measures outlined in the Communist Manifesto...

Just trying to be clear here - you're predicting the Dow will hit a level 375 points - or ~3% - higher than where it is now at some point in the next month. Is that about right? You're calling for a 3% rise?

No offense, but without a description of the corresponding exit signals, that looks an awful lot like cherry-picking. Look forward to hearing more.

You're calling a bottom after the index goes up 25%? I trust you have a suitably bullish upside target...

So what's the impact on local climates if the the sun energy is no longer allowed to hit the earth and is immediately turned into electricity?

Think about it - at 100:1 you'll never even get to the "averaging" stage.

I'm reasonably confident both Canadian and EU leadership is aware of this fact.

Negotiations started 2 days after the federal election. This is not a secret...

Persistent inflation requires persistent credit growth. Arguing that inflation can last "forever" is equivalent to arguing that credit can grow "forever".

It IS current news... Free markets at work...

$5B of that is Buffet's money - if he's ok with it, who am I to complain?

Not going to happen. Canada is joining the EU and will sooner adopt the Euro than the US dollar - assuming it is interested in making a change at all. And Mexico is irrelevant.

UK doesn't use the Euro.

$5B of that is Warren Buffet's money - if he doesn't care, I don't care.

You CANNOT guarantee a 1 handle loss. Especially in a VIX > 40 environment. You can put all the stops you want out there, but guaranteed at some point in the day the market will gap right past them. If your funding level can't handle that, then the other poster is right, at the level you seem to...