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$500 billion overage... sounds like a mis-allocation of resources to me. -burn8

People keep saying what we currently have is a "free market" system. That's just goofy. -burn8

Youre gripe is regarding the fractional reserve system, not one of banks printing money. -burn8

RC, thanks for that article. -burn8

Followed by a mini double-top at 899 :-) Interesting range here. -burn8

Over-extended buyers can only blame themselves for making dumb decisions and banks lending hundreds of thousands of dollars to people with no chance to pay it back can only blame themselves. Both need to pay for their poor decisions. -burn8

This is the main issue here. It's stupid, but fine if people want to blow their own futures in this mess, but leveraging our grandchildren's futures is immoral. These apologists refuse to address this issue. Anything as long as the value of their home doesn't go down. Regardless, these fixes...

You take the hit dumbass because you bought an overvalued home. If the market drops the price, that is because your home cost too much in the first place. Quit leveraging your grandchildren's futures just so you can get the price of your home back above water you selfish r'tard. -burn8

http://market-ticker.denninger.net/ GM Go Boom? It sure looks that way: "The UAW stopped negotiations with GM last night, a person familiar with the talks said. A delay in the talks could risk the automakers missing a Feb. 17 deadline to show progress in a government-ordered plan to...

No other system looks appealing to me. I would prefer to see government completely removed from healthcare. Washington is owned by special interests and they are the ones pulling the strings. Anyone who thinks this will change is an idiot. -burn8

I also use a MacBook pro and VMware Fusion with Win XP. No problems here. Platforms are TD and IB with QT. -burn8

Healthcare is too expensive so govt can make it better and cheaper? that is a laugh. Look at all the corruption we have now. Look at what the scumbags are doing with the stimulus package. This is the same group that is going to give us cheap, quality healthcare? You have got to be kidding...

What clacy said. -burn8

Thanks. -burn8

Who cares what they earn if they do it on their own. Screw 'em though if they wanna start sucking the public teet. In that case the c***suckers dont deserver sh*t. -burn8

jamis359, you are so patriotic. I wonder if you would feel the same way when your tax rate hits 60%.. 80%.. 95%.. Do you have kids? they have been saddled with this new debt that their own grandchildren will never see paid off. They will be born slaves but at least they can stand proud and...

Keep in mind the 'exit tax' that slimeball Rangel pushed through last year attached to some veterans bill. If you want to leave the US, you will still be on the hook for 10 years of taxes or they could take 50% of your global assets as the door hits you on the way out. This all assumes you...

M. Friedman: "There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you're doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I...

Thing is we wont correct this problem. Govt tendency is to expand. They will squeeze and squeeze while paying off the privileged class until we break. -burn8

So now since the cobbler has no job he can go for a walk out to the edge of Sarah Palin's bridge to nowhere. -burn8