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    15% unemployment 2010?

    You forgot contestant on American Idol :cool:
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    Chicago eliminated from Olympics

    I like the Drudge headline, "The Ego Has Landed" :p
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    Looking for Precious Metal Funds

    Hi all, This may not be the right place to post this, but I am looking for some suggestions as to investing in precious metal funds, either the physical commodity or possibly stocks. I would like to set up a monthly contribution to take advantage of dollar cost averaging. This would be a...
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    Based on recent econ news this whole run was a farce

    The stock market is about HOPE. It's always been disconnected with reality. But there is the well known "Wealth Effect" of a rising stock market. If the market can be propped up with truth or lies, people will feel more confident to buy that house, car, or whatever, thus creating demand. It's...
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    Marc Faber: Future will be total disaster, w/a collapse of our capitalistic system

    :D :D :D :D infolode, you crack me up! Seriously, I do have respect for this guy's opinion. In late spring, when most were looking for a retest of March lows, he predicted continued asset inflation through the summer.
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    U.S. continuing claims rise 129,000 to 6.23M

    We'll see a big bump in unemployment at the end of the year, when the Christmas pink slips go out.
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    Why did the US send so much work overseas?

    Maybe so, but it takes a recovery fueled by a new bubble (such as technology and real estate) and cheap, easy credit so that entrepreneurs can start new businesses and begin hiring. But even then, you need a consumer ready and willing to consume, with cheap easy credit for them as well. With...
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    Why did the US send so much work overseas?

    I think the CEO's had tremendous pressure to please the shareholders the last few decades by increasing profits to exceed their competitors, or just keeping up with the Joneses. It may go just beyond getting a big bonus... they fear being fired if they fail. What else would prompt all those...
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    Stiglitz Says Banking Problems Are Now Bigger Than Pre-Lehman

    In other words, it is the debt that us Americans are willing to carry that drives the world economy. Sounds very, very fragile to me.
  10. L

    The World (project) has been cancelled

    I am sooo bummed about this. :D
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    Market making new highs (again). Doom and gloomers frantic

    Another crash in imminent.. could be a few days, or years from now. Something about this "recovery" is not sitting right with me. Before last years crash, the permabulls were in full obnoxious mode against the doomsayers. I'm talking about here on ET. Permabull or permabear, we all have...
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    Market making new highs (again). Doom and gloomers frantic

    I dunno, is it just me, or is this "recovery" a whole lot different than the other recoveries from recessions in the last 40 years? Something is just not sittin' right. Maybe I am just a dumb ol' hick for not jumping on the bull wagon and donnin' my Dow 10K hat again? Whoops, what did I...
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    Economic Theories don't work.

    I like where he is going with this. Look at New Orleans when Katrina cut off normal food supply lines. You can philosophize all day on it, but the bottom line is that hunger can bring down the most civil of societies to primitive levels.
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    The Keynesians Were Wrong Again

    The current president ran on a platform of not continuing the status quo. It is curious they are doing just that in an attempt to prop up the economy, not just to boost confidence in the current administration so they can gain support for their reforms, but also to help keep their overwhelming...
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    The Keynesians Were Wrong Again

    Hey ByLo, I've been reading your posts for some time and we are very like minded. I don't know if I should be worried about that or not. :D I don't think anything this country is experiencing is by accident. We have been "too rich" and "too powerful" for too long. The re-distribution of...
  16. L

    "What I bought with my $8000 tax credit"

    Well, this administration is going to put a stop to that! :eek:
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    US Citizens Starting To Rebel Against Wall Street

    Hey AyeYo, you married? Have kids? You make your pretty wife live in a trailer because you don't want a house note? Or maybe make your kids ride their bikes to school until their 18 because you don't want to buy another car unless you can pay cash? Maybe dress the whole family up in Wal-Mart...
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    Debt Be Not Proud: The Sorry Tale of America’s Out-of-control Spending

    Say what you want about that it is the debtor's fault that he got himself/herself into a financial bind, but our society is inundated with messages that they need to consume from the moment they take their first breath. Marketers study human psychology to best determine how to sell products...
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    EXTREME RALLY coming: S&P 500 Moving Averages Show ‘Fierce’ Rally

    Plot 30 years of the Dow, monthly time frame. We are building the right shoulder of a massive head and shoulder formation. We still have some potential upside, maybe even to 10,800-11,000, but I see a lot of sideways over the next couple of years, then a massive slide.
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