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  1. M

    Obama nominates a racist

    Yes, but the justice is administered through the impartial and equal application of the law to every individual. There is a reason that Lady Justice is blindfolded. Granted, that application is never 100% fair, and frequently much less than that. However, impartiality should be the goal and...
  2. M

    This Country is run by morons

    Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it. - Mark Twain
  3. M

    GM Bankruptcy Thread

    Several years ago a dishonest mechanic I knew of bought an early 80's diesel mercedes sedan with 350k miles on it - he rolled back the odometer by 200k and sold it. The new owner put another 150k+ on it, and still drove it daily last I knew. But don't expect that kind of durability from a...
  4. M

    Nearly 7 Million Jobless Claims In U.S.A. - Next Memorial Day? Look for 11 Million+

    http://en.wikipedia.org/wiki/Thomas_Malthus
  5. M

    Excited and Scared...First post here

    PayPerView - some general points: - as (if) you get into this, you'll find that there is no end to the amount of information available. Books, forums, blogs, gurus, newsletters, tv, etc., etc. Like most things, 95+% of it is crap. You will have to trudge through a lot of it to learn, but...
  6. M

    I blew up , feels so bad

    This is an exceptional post, and deserves to be read repeatedly.
  7. M

    A 70k bet that I can't make a 50% gain in 2009

    Sorry to intrude on this otherwise excellent journal, but eternitygarden is a fool. The vast majority of males cannot bench anywhere close to 2x bodyweight, and certainly couldn't with only 3 months of training. 3x benches are very rare even in elite ranks, guys that train specifically for...
  8. M

    Our National Debt - Crazy Math and You

    Looking at the history of this thing, and at the actions of the politicians, the rational thing to conclude is that it will never be paid for, nor do they intend to try. There is no political motive to do anything but spend more than is made, and to continually increase that spending, always...
  9. M

    Does Anyone Actually Support The Auto Bailout?

    Having worked in union shops I can attest to the inefficiencies, costs, and overall hostility between management and labor that they can cause, and how they can set the interests of the company and its employees against each other. Clearly they are a huge factor here. But they have been a...
  10. M

    Does Anyone Actually Support The Auto Bailout?

    The current arrangement is clearly not efficient. Then it is the duty of management -- as fiduciaries -- to chose another system, modify their policies, or in the worst case to wrap up operations if the business is unsustainable. It is not their company, they only run it on behalf of...
  11. M

    Does Anyone Actually Support The Auto Bailout?

    Take a look at the cumulative executive salaries, bonuses, and retirement packages of the big 3 over the past 40 years -- the incompetent degenerates that destroyed the american auto industry took hundreds of millions for themselves in the process. And they're still taking it, even now as the...
  12. M

    Please help me to understand, why inflation is bad?

    Savings represents a store of past work; currency devaluation represents a destruction of that stored work. More specifically, currency devaluation is a theft of that work by politicians overspending in the short term for their own benefit, and is a net disincentive for society to save. A...
  13. M

    The biggest, and most expensive con in the history of humankind

    Here's some inspiration: http://www.419eater.com/html/letters.htm
  14. M

    Oral Testimony for Confiscation of 401(k)'s...

    Obviously, that would be the motive for such a proposal, and appears to be what Argentina is doing now. What other rational motive could there be for doing this?
  15. M

    Confiscation of retirement.

    I wouldn't put anything past the scumbags in D.C., especially when they have a crisis to hide behind. There's probably substantial favor for this kind of move, if they thought they could get away with it. That said, the linked article is nonsense - a bunch of unsubstantiated hype, with the...
  16. M

    Will the SEC Suspend Mark-To-Market?

    Come on - that's a perfect example of the entire US financial system: a veneer of bullshit and accounting gimmicks covering a mountain of unsustainable debt.
  17. M

    what happens if italy etc drops the euro

    Agreed - they will throw everything they have at it to prevent a breakup. A break of the Euro would probably result in a breakup of the entire EU, and they have worked too hard to swindle Europe into it to give up now. But if it did break, there would be instant national-level bank runs on...
  18. M

    McCain has totaly lost his mind!

    That assumes that either (a) he cares about issues we face, (b) debating them under the current system would aid in solving them, or (c) debating them would increase his chances of winning. Are any of those true?
  19. M

    If You Want To be A Thug, Punching People Randomly, Beware: Video

    This is awesome: http://www.poetv.com/video.php?vid=33895
  20. M

    Some Hedge Funds really taking it

    they were telling readers of fortune to buy - which is what fortune is for. fund advertisements and salesmen talking their books to retirees. it's cnbc on paper.
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