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    Food stamps

    and from the taxpayer too it seems. it could've been for pens, shoes, or his kids. but doesn't he and his kids eat food? and can't you get every single one of those things you mentioned including chocolates, flowers and cards, but not shoes, from the grocery store? in all seriousness, meth...
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    Food stamps

    nah, i turned him down. it wasn't really for ethical reasons, it was more out of wondering about the scenarios and hassle of the exchange (would i have to walk him through the checkout lane? is it legal and how many cameras are on me?). now that i think of it, another reason would be whether the...
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    Food stamps

    two days ago, someone came up to me in the grocery store offering to exchange $20 of groceries via food stamps for $10, presumably for the drug of choice here, meth. it's not the first time :(
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    House to vote on 90% tax for earnings >250k @ firms receiving >5bln

    the good people will leave for higher salaries, while the bad employees won't be able to get jobs and will be left to run these companies and trillions in "assets" to use the term loosely. Pimco, private equity, and hedge funds should have a good time fleecing them of the distressed assets that...
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    How will you play dollar crash?

    there is a 2 year lag between money flow spikes and inflation, so we have about 9 months before the 6 months that the market generally discounts ahead. we could easily have a beggar thy neighbor devaulation period, and it's not so much whether the dollar eventually plunges, which is all but...
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    How can I trade CDS

    great question, though i'm afraid to hear the response :( (probably need to be an institution or have an institution sized account)
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    cnbc FINALLY getting bearish.

    you would think after a 50% 2 year bear market, an october like we had, new lows, there would be talk of a depression, but there isn't... even though the conditions, response, and move toward socialism are exactly the same, hardly anyone is even considering a depression as a possibility. one...
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    Skf

    this blame the investor, speculator, etc is back again huh. if there were more value than risk in the banks, then someone would buy them and the shorts would get squeezed. if you are leveraged 40-1, then you need what, a 2.5% drop to wipe out your equity. in the depression, 8000 banks...
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    Transaction Tax idea still not dead

    email your congressmen and email the president, er obama. an acquaintance worked for a congressmen, and their responsibility was to make sure every piece of mail was read and cataloged. they really do read their mail. these people really are just ignorant, and it's not that difficult to put...
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    Trader P/L 2008

    best day by 2 x's
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    GS will beat earnings....

    they've beat for 10 straight quarters, often be very significant amounts. they do have 1 miss in their history, and a handful where they only met. estimates have really been slashed lately, so it's certainly a low bar. http://www.earnings.com/company.asp?client=cb&coid=110671/
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    Obama Tax Cuts

    it's not always clear, and each person's platform seems to be "evolving" to put it nicely. last i heard, Obama's proposal brings back the marriage tax penalty. so if you're thinking about getting married, keep in mind that if you stay separate you can make under 400k together without getting the...
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    Paying YOU $10,000-$50,000 Cash Bounty to hook me up with the right firm

    hey don. ya, moved out to your neck of the woods and have often thought about stopping by to say hello, as i live a mile or two a way from your office. i got the place, not coincidentally, around tax time last year. let's just say my timing on trades is slightly better than my real estate timing...
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    Paying YOU $10,000-$50,000 Cash Bounty to hook me up with the right firm

    so for the benefit of the board, perhaps you you're willing to share what you've learned from this experience. you mentioned waiting for your "pitch" or set up being important (ie, taking thousands of marginal trades that you said you shouldn't of), and a bad market, but is there anything...
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    Goldman Sure Had A LOT OF POSITION TO SELL INTO THEIR "ANALYST 141 CL RESEARCH"!!

    one scenario is that they firmly believe 140 is coming in the intermediate term, 200 is possible in the long term, leaving out their very short term view...that's it's overbought and due for a pullback, and they are taking profits into the strength. at least, that's what i hope because i...
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    8 year auto loans??

    50, then 75 year home mortgage infomercials coming to your tv soon
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    Bill Gross and Sam Zell are 2 idiots

    can always count on ET for some high comedy if you have the right perception :p
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    A Fed that doesn't care about inflation

    it's polar opposite is the chinese government, which is growing at 10% and tightening monetary policy. what does that mean for the future dollar/yuan peg and currency controls. in market wizards, soros implied that ultimately, the market wins.
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    41 million Americans can't make ends meet

    can't find it at the moment, but there is a record number of companies, something north of an unbelievable 40%, that are unable to find qualified employees - everything from construction mgt, to pool management, to mechanics. i'm sorry, but it's very hard to be sympathetic for the people who...
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