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  1. M

    U.S. Postal Service has exausted its $15b credit line with Treasury, set to default

    US Govt is sooooo behind times, it is just sad. USPS, Amtrak, defense agency cia fbi local police not to mention local govts, county offices, irs, fire trucks, airports I mean go to any of these buildings offices and it is like 3rd world country. Everything is outdated and not consumer...
  2. M

    Jim Rogers: Farmers will make more $ than bankers

    I am interested to hear about US government subsidies for farming not to mention the land certificates for 15 years that any farmer can buy which orders them not to farm on their land. Can someone elaborate on that issue? Basically what I am wondering is what will happen to Ag industry...
  3. M

    Proof that oil price rises due to speculation

    http://seekingalpha.com/article/172797-the-global-oil-scam-50-times-bigger-than-madoff?source=email
  4. M

    Prices of cashews, walnuts, pecans and all other nuts are soaring!!!

    Chinese Yuan is appreciating against the USD almost everyday This makes nuts as well as crude oil which are priced in USD appear cheap in terms of Yuan. Plus the economy is growing wages are rising thus consumption is booming As long as Yuan strengthens, inflation in the US will be above...
  5. M

    Another record in people receiving food stamps

    Another record in people receiving food stamps Every month we have a record so who was saying there was recovery???? http://www.fns.usda.gov/fns/data.htm --------------household------persons Oct 2010 ---20,183,177-------43,201,052 Nov 2010--- 20,404,895----43,596,084 Dec...
  6. M

    Crane Operators making $500K???

    WTF?? http://professional.wsj.com/article/SB10001424052702303936704576399563008284024.html?mod=WSJ_article_onespot&mg=reno-wsj Just as cranes tower over building sites, the salaries of the people who run them tower over those of other construction workers. Some crane operators and...
  7. M

    Air conditioning for troops in Iraq and Afghanistan costs $20.2 billion a year

    end of an empire http://www.mnn.com/earth-matters/energy/stories/air-conditioning-for-troops-in-iraq-and-afghanistan-costs-202-billion-a Keeping American soldiers cool in the 125-degree heat of Afghanistan and Iraq costs $20.2 billion a year, according to a report from National Public...
  8. M

    US Debt Talks Hit a Critical Stage—What Now?

    Where can I track the price on these insurance policies for T bonds? Any links? charts?
  9. M

    US Debt Talks Hit a Critical Stage—What Now?

    read this; "CDS contracts on U.S. debt — insurance policies on the risk of default — have risen substantially in recent weeks." So where can I track the price on these insurance policies? Any links? charts?
  10. M

    Why would any business in Illinois not consider relocating to Texas

    Why is Seattle has the highest sucide rate in the nation?
  11. M

    Why would any business in Illinois not consider relocating to Texas

    Only hire people without kids???? That makes economic sense but isn't that illegal? Where did you hear this from? Any links?
  12. M

    EXXON CEO says oil price is high due to speculation

    Today is saturday 06.18.2011 and I have been in Houston over 10 years, I have never seen Saturday traffic this light. I wish gas hits $10 and allroads will be mine.
  13. M

    EXXON CEO says oil price is high due to speculation

    Explain this to me. How does futures market make the oil price lower than had it been based on demand and supply only? I am not understanding.
  14. M

    EXXON CEO says oil price is high due to speculation

    If fundemantals were moving the markets we would see $10/barrel due to tons of oil stocked in Cushing, OK. Oil price is high because of speculation.
  15. M

    Openning a Yuan account in Bank of China NY Branch?

    yes the minimum is $500
  16. M

    Stock Trader makes a fortune in China

    Reminds me the tech boom in US back in 99 Everybody was winning
  17. M

    Openning a Yuan account in Bank of China NY Branch?

    I am oppenning a CD in BOC NY Branch My question is; say I deposited $10,000 today with 0.65% interest rate and 6 months from now Yuan appreciated %2 against the USD I understand I will be paying tax on the interest gain. Will I be paying tax on the realized gain on currency appreciation?
  18. M

    More than $6 billion in Iraq reconstruction funds lost

    Somebody has to pay to the US Army so that they can use F16s with 1MPG killing innocent people overseas.
  19. M

    More than $6 billion in Iraq reconstruction funds lost

    Himmm, I bet CIA's unvisible budget went up by the same amount. The whole system is rotten and will fall down like Roman Empire.
  20. M

    The Currency That's Up 200,000 Percent

    Bitcoin triples again, now it is $30, woooow http://finance.yahoo.com/banking-budgeting/article/112907/bitcoin-triples-again-smartmoney
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