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He just called Bill Gross the king pimp. I love it. Finally mainstream media picks up on Pimco building a book then lobbying the government to make policy that nets them huge profits. True story.

Aside from trading strategy and comissions, what are the top 5 things to know for a new daytrader? i.e. hot keys, "prints", ecn's, etc. Thanks!

Unfortunaltey you are right in some parts but not on the productivity side. I'm not an expert so please don't quote me but i believe the constitution has in it a short period of patent protection/copyrights then the information is released publicly to benefit the masses. Legislation since...

That's assuming productivity stays the same. With new innovations and technologies we can support more people. However, as someone already posted, we either innovate or die of resource crowding out. So any governmental or other form of innovation/tech. hinderance should be very much frowned...

Are there any legit prop firms that have fees low enough and a decent payout % to give a new trader a shot that require 10k or less initial contribution? Ideally id like remote, 5k i.c. and yes i'll take the s7. Don't need mentoring. So far i have echo and bright as the two most...

[x] OP can't speak english. That's all this thread warrants. Seriously can you ban people for these idiotic threads?

I live in Michigan. Inner Detroit isn't bad, i mean they had to clean it up somewhat for the Super Bowl. But as you have just seen, just outside Comerica park, Ford Field, etc you are in some serious slummage. However, we do have very nice areas in the burbs. If Granholm, who really is a...

All the money is sitting on balance sheets, possibly with mark to market getting booted banks might losen up on lending standards. Inflation will come once able & willing borrowing is restored.

More of the same. http://www.rense.com/general85/depres.htm History doesn't repeat itself but it sure as hell ryhmes!

11. End the Fed. Artificially low interest rates are the fulcrum of this mess and the shit storms of the past. Having a cheap money agenda is like throwing $100 bills onto the street in downtown NYC, people will push/shove lie cheat do whatever to get their share. Not to mention the...

I went to a public elementary and they had this competitive reading system where say if you were in 3rd grade the avg reading book was orange level. However, if you worked hard and did well you could be bumped up to the next level, red. This encouraged me to do well not for the fact of wanting...

Bing bing bing. 49th BEST state to start a business. Seriously we have such a beautiful state with an abundance of fresh water, timber, animals etc. We need the c bag gov. to remove business tax and state income tax and presto chango. Also, people move to Michigan to take advantage of...

I like it, and i guess i shouldn't have become so defensive toward Landis, agree to disagree over a beer or glass of wine Landis? Exogenous actions by government have really never worked imo and my argument for the Austrian theory is that it is based on the individual entrapreneur who can...

You sir are wrong, if you actually read Austrian literature you would see it is not ad-hoc in the slightest. Read about the Austrian theory of the trade cycle and you'll note it's more like a recipe that has held to a T, not just this crisis, but most if not all before it. And from your...

Too bad this old man has spent his life following a flawed economic theory. Austrian theory is so logical and actually makes sense in the real world. These fantasy land economic theories are popular because they are conducive to politics and political appointment. Look how well Larry...

http://news.cnet.com/8301-13846_3-10196471-62.html If this is already up i apologize.

Most economists are politico-economists and a lot of them are also simply dumbfounded because everything they have ever learned is now proving to be useless i.e. Big Ben. Economics is not about math equations and models. Economics involves human action and therefore is not applicable to...

Keynes himself would not call himself a "Keynesian" if he were alive today. He believed gov. should get in then get out. Due to the "iron triangle" composed of beaucracy, politicians, and other beneficiaries government intervention forms a ratchet effect were leaving the market is near...

The more the FED prints the shorter and more violent they get. What we need is sound money and an actually free market economic system. Not this garbage mixed economy, yes mixed. We have not had a free market economy since the inception of the federal reserve.

Why don't the simply end mark to market accounting?