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  1. M

    How You Finance Goldman Sachs’ Profits: old GS managing director speaks out.

    Exactly - you tame the beast when it's weak. Too late now for meaningful regulation. The irony is the banks are using the government's largesse (tax base) to buy the Congress, actually, the entire government. And I don't see Obama using his bully pulpit like TR did to rally the population...
  2. M

    What if the US is unable to sell treasuries?

    Weak Treasury Auctions Raise Worries About US Debt Burden http://www.cnbc.com/id/32201716 Good clip w/ Santelli in link.
  3. M

    Barney Frank threatens banks to stop foreclosures

    Barney Frank is a dumbass.... he gives a fat check to the Banksters and in return, they "promise" to help out homeowners... Sure they would. Now he has egg on his face and a growing and grumbling constituency. Meanwhile, the banks are having record profits again. Wow.. who saw that...
  4. M

    How extreme right wingers express themselves

    Not in an apocalyptic post peak credit - peak oil - Mad Max world. My money is on the guys that believe in the scary Jesus described by that kook on Patmos... those wing nuts are armed to the teeth. They don't believe in the forgiving, turn the other cheek Jesus of the new testament...
  5. M

    How extreme right wingers express themselves

    Look, I'll poke fun at all extremes, even the tree hugging koombaya crowd. So, judging by your response above, I must have offended you.... Good. I did my deed for the day. Now, time to take liquidate some positions and call it a day soon. Peace! Loser....
  6. M

    Traders Blamed for Oil Spike, CFTC reversed previous findings

    It is... but look at the big picture, when oil goes to $300 a barrel, and if demand is still the same as today or worse, those 200 extra ships are giving us a marginal savings - at 300 a barrel, we would still be worse off than we are today without all those ships. It's just a question of...
  7. M

    How extreme right wingers express themselves

    I don't recall that, but I'll take your word for it and in the interest of being balanced - I'll say, yes, they are crackpots too. My concern is that the right wing nuts are more armed than the lefties....
  8. M

    Traders Blamed for Oil Spike, CFTC reversed previous findings

    I've seen this before, and that's cool as hell. And I admit 35% cost savings is huge, but nonetheless, you still use oil; this is merely an assist to a petroleum driven craft. But imagine Oil hitting 300 a barrel - yeah, the 35% savings helps, but the detriment of such high costs to the...
  9. M

    How extreme right wingers express themselves

    That's why I used the adjective "extreme" in front of "right wingers." So as to seperate them from all right wingers. By the way, I have voted for more Republicans than Democrats...
  10. M

    How extreme right wingers express themselves

    Anti-health care protesters hang freshman Democrat in effigy. http://thinkprogress.org/2009/07/28/dem-effigy-afp/ Any thoughts?
  11. M

    Unemployment ....Going To 35%....

    Hell no. Though I have asked others and some would do it for less! They argue that high end prosthetics nowadays are the reason they would. But seriously... How much should that guy have gotten? 30 million? 5 million? 100 million? What's reasonable? And where does that money...
  12. M

    Unemployment ....Going To 35%....

    Lawyers are no different than us traders. A case is an investment. They invest time and money, they lose a lot and win a lot and in the end, money is merely redistributed. In theory, we provide "price discovery and liquidity." In theory, defense lawyers protect capital, and...
  13. M

    Unemployment ....Going To 35%....

    I don't want to sound like a broken record by mentioning Peak Oil again - but that is the one thing that can kill off global trade in manufactured goods. Services (call centers, software engineering...) that can be transported through the internet will still be international in nature. So...
  14. M

    If you could go back in time, would you kill Hitler's mother?

    This philosophical question can be viewed differently than what I think you are implying. What if you killed Hitler's mother, and in effect, changed world history so you wouldn't be born - your parents would never fall in love with eachother, and as such, you immediately ceased to exist...
  15. M

    Traders Blamed for Oil Spike, CFTC reversed previous findings

    I haven't read it... but thanks for the link, I'll read it tonight. Yeah, I don't like to consider myself a pessimist either - but a realist. And the reality that is coming our way will change everyone's life forever. People have no idea. Most can't juggle several concepts in their head...
  16. M

    Traders Blamed for Oil Spike, CFTC reversed previous findings

    There is nothing that approaches oil's power. One barrel of oil gives us the equivalent of 25,000 hours of human labor. And it costs just dollars to extract. You can't push a cargo tanker across the Atlantic Ocean w/ wind or solar.... just can't. I don't see anything on the horizon that can...
  17. M

    Anti-Obama Rally in Jerusalem

    The Pentagon planners, oil companies, and the NSA gave the Neocons a shot at handling the coming crisis with peak oil. The Necocons got us a good foothold in the middle east, but at a greater cost than all anticipated. Both financial and in terms of credibility. Now it's time to implement a...
  18. M

    Bernanke: This crisis may surpass Great Depression

    BRILLIANT TRANSLATION!!!
  19. M

    Stop obsessing about the economy, you’re scaring the children”

    My example does not illustrate the hardships felt by many during the great depression - I'll give you that. My example shows the emotional and psychological blow that people are feeling - which is usually the first phase of a great depression. You say they live like Kings? They feel like...
  20. M

    Stop obsessing about the economy, you’re scaring the children”

    I'd have to disagree. Many people have lost their jobs and there are no similar paying jobs on the horizon for them. They have kids that they have to tell will be going to a different school, they wil lose heir houses.... We have more amenities than did the people during the Great...
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