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was this supposed to be a joke? outlaw the oil futures market?

OFHEO is a government agency, and its home price indices are vastly different from those from the private sectors (Case-Shiller/Standard Poor). It is even different from that provided Freddie Mac who is regulated by OFHEO. Freddie Mac's indices has about 10% national average decline since the...

Inflation is the least painful way for US to dig out the debt hole. If Obama is elected, then the spending will increase, dollar will weaken further. How is that going to help?

the national average resale index has dropped 9% from the peak. The forecast is that it will probably drop another 7%.

American dream became the American nightmare.

Many financial firms can only survive two weeks without outside funding. Fed made a HUGE mistake by refusing to lend to Bear Sterns before it collapsed.

I believe the guy will come back to trade another day, unlike in 1998. He will survive this time.

Both US and China will be great nations in the next twenty years. It is not a zero-sum game, though US will likely be less powerful than before. It is similar to the game of basketball. US was the only super power in basetball and could beat anyone if it wanted. However, the edge of US over...

His knowledge should be useful in designing systems that are fraud-proof.

Wonder if you have ever been to China.

Next Congress will vote to allow Mexicans to return to their former homeland---CA?

very funny.

Funny proposal.

Jim Rogers retired at 39 years old (has been unemployed since then in his own words), and is more than a multi-millionaire. I wish I could do that. His prediction on the dooming of financials last July was right on spot.

(continued) Q. Would be false to suggest there was heavy-handed security approach? A. Well this was covering a vast area of the city and I was the only foreign journalist, at least accredited, to ... who was there to witness this. It was impossible to get a total picture. I did hear persistent...

James Miles, journalist with The Economist, was in Lhasa during violent protests Says he witnessed violence against ethnic Han Chinese and Muslim Hui minority Ethnic Tibetans involved in protests were "armed and very intimidating," he says He says he did not see any evidence of any...

This is a clear modern day version of the Boxer movement, the only difference is that victims are Han Chinese and Muslim Hui minority. Of course, you cannot easily find out the truth in the mainstream media.

How sad!!! The mortgage secondary market recently dried up and the mortgage-backed-securities (MBS) are the cheapeast in the last 20 yrs. Since Bear is long the MBS inventory and has to mark-to-market it, there is no way out. The poor employees are all wiped out together with the...

The mortgage-backed-securities (MBS) in the secondary market TBA cheapened in the week ending March 7 to the level that was seen in 1998 LTCM scare. Mind you, these are prime mortgages issued by GSE such as Fannie Mae (FNM) and Freddie Mac (FRE) One reason for the free fall in the MBS...

That seems comparing apple to orange --#his authored against #her passed---not a fair comparison