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You're talking about the Marshall Plan right? Well, after WWII, we were relatively unscathed (thank god for the Atlantic and Pacific Oceans) And the rest of the developed world was DESTROYED. We had no choice but to invest in Europe and Japan to ensure future customers. That's how we became...

Depends... are you talking "old" Europe or "new" europe - remember Rumsfeld's rant? The arrogance of this administration squandered our goodwill. But let's grow up here - this is about money. Every man and nation for itself. You only help those that you can profit from or rely on. And...

I come from a restaurant family. And yes, margins are disappearing. I know some local food distributors, some have been around for over 80 years. They say they are losing an account ( a restaurant) a week and many pizzerias are going under as well. Looks like one fo the few remaining true...

The realities facing us are too catastrophic to accept. We as a nation are at a turning point in history, a watershed event. Because of that, our denial is in overdrive and we will cling to whatever good news we deem is an end to the crisis we face. The rate cuts of late summer, the Super...

The huge shift in wealth has already transpired - that's why the middle class is defaulting. Judging by your angry tone, maybe the transfer in wealth will go back to the middle class? Is that what you really fear? LOL

One decent source I have found - and of course, use your own judgement - is a blog by John Williams: Shadow Government Statistics. He has some interesting articles, and a calculator - pre Boskin Commission. He makes some decent points. He even takes a stab at measuring M3 - which the...

Correct me if I'm wrong - but the government said that inflation last year was annualized at 2.6% If we look prior to the Boskin Comission and prior to the other "tweaks" of inflation and CPI - and go back to how inflation used to be counted back in the 1970s - THEN YES WE HAVE A...

Player Hater Don't hate the players, hate the game. They're all just following in the footsteps of Bush and crew - the gang that ran up an additonal 3.5 trillion debt. And the bankers - where's your "STUPID FUCKS" outrage on them? Them folks you bash are small potatoes. And wait for...

thesniper, you don't seem well versed in current events. Regardless of your opinion of the jewish community, it is nonetheless a community based in the Western World. So what do the protocols have to say about the SWFs from the Middle East? About China? Or the Asian Banks in general? We...

I'm confused.... would your metaphor characterize Paris Hilton as a "fat kid"? By the way, the super rich (and I agree that is a loaded term - is it someone worth 100 million, a billion...?) should pay a higher amount in taxation. Defense and Infrastructure/Transportation spending is one...

The fellows whose opinions you dismiss know more than just making money. They know heads of state the world over, they know leaders in finance, politics, government, manufacturing, business, etc... They know more than us how corrupt and rotten the system has become. They know more truths...

On January 21, 2001, the national debt was: $5,728,195,796,181.57 Today it is: $9,291,660,518,736.75 So gnome, where does that extra 3.5 trillion fit in your pretty columns above? A DEBT IS A DELAYED TAX. see: http://www.treasurydirect.gov/NP/BPDLogin?application=np

You guys bring up a lot of good points. Nonetheless, the end result of free trade is that Capital in the Industrialized country gets rewarded, Labor in the emerging market gets rewarded (but worked hard and mistreated nonetheless) and the Middle Class in the US is the sacrificial lamb. Funny...

Funny when someone finds a way to make money, they imply "that's Capitalism for you! Don't mess with it you damn Commie!" I'm for making money just like everyone else. However, it's not so simple. We can easily poison the fruit bearing tree without knowing it. When we trade with...

This time is different. Maybe more like the period you left out. It could get worse, much worse. One word: DEFLATION It could affect all asset classes, including equities. We are still in the early stages.

Classic example of misdirected anger. Beat up on the poor slob, and act as overly dramatic as possible. Did the Banks have a gun to their heads when they loaned money indiscriminately? Did the Banks have a gun to their heads when they slapped lipstick on a pig (CDOs) and sold them or...

Why is it socialism when a policy helps the little guy and not when a policy helps big business? (Though in this instance, it is not altruism or the elevation of socialism, but a bank bailout. don't fool yourself.) There is traded paper worldwide that hinges on the values of US real estate...

There's more to it than just the housing market. The most important thing I got from that article: But for now, the outlook is gloomy here and abroad. Conversations with world leaders at the World Economic Forum in Davos, Switzerland, last month convinced Shiller that officials are more...

Right ON! Damn that average irresponsible Joe. In the last six years, he saw his share of the nation's wealth rise the most. His salary increased the most, meanwhile banks made no $$$ and the poor CEOs of America took huge paycuts due to global wage arbitrage. I hear that American CEOs...

First off, I am an Independent. I have voted for both parties as well as 3rd parties. I have to laugh when I hear people characterize a party or individual as pro-tax. Let's look to the past two term presidents that were proponents of "low taxes" Both Reagan and Bush II grew their...