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    America in 2050: Another country

    Who will do all the hard work in the sweatshops and around kitchens etc. when the illegals are out of the country, but I get your implied point on preserving US jobs. Working in unhealthy conditions cleaning chickens being paid much less than minimum wage is quite attractive when you're out of a...
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    Quote.com .. down again!

    To compound my arguements further - the service stopped 15:37 and was not up by 15:57 for the ES. This is getting worse by each and every day.
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    Richard Clarke - Against All Enemies

    Your arguments imply that we should not believe what democrats say to criticize republicans. If you generalize this, then we should not believe what republicans say to criticize democrats, either. In fact, the consequences of your implied arguments are that all politicians are liars, and lie all...
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    Richard Clarke - Against All Enemies

    I think the general objections revolve, not around the "facts" available to the intelligence organizations, but how they were used and portrayed. Omissions and enhancement of favourable "facts" always makes for good smoke-and-mirror tactics. The media was not totally innocent in all of this...
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    Richard Clarke - Against All Enemies

    His best "TV show appearance" yet was perhaps the congressional hearing with the 9/11 comittee ? Personally I liked the expression on the face of the White House representative when he was caught "lying"/FUD'ing on "60 minutes" about any encounter between Clarke and Bush where Bush insisted on...
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    Richard Clarke - Against All Enemies

    If what Richard Clarke has testified has no impact on most voters in the US, then something needs to be done with the education system and the mental health situation of the country. I know both are caught in deepening economic woes, but for the future of the country it's really better to first...
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    Fill 'Er Up: The Hidden Cost of Oil

    The US state department is not convinced about global warming or the "greenhouse effect" contributing to the melting of the polar caps. It has repeatedly contested scientific findings, and continues to do so. The refusal over the Kyoto agreement was one consequence of this. The US consumer...
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    Should US Pull Out of the UN?

    That's a problem with nearly all diplomats in nearly all countries - it's a "privilege" they have. Some of them treat it as a right to break the law. The UN is an attempt to have international law and order. Some like to break world consensus/democracy, others try to get some protection with...
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    Hyperinflation question

    Don't forget about Turkey which is even more recent. Afghanistan and Iraq got USD and then other newer currencies as part of their "help" after having many valuables blown to bits. :D External debt in foreign currency is a killer when inflation rises, as shows Turkey, Argentina, Brazil etc...
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    finance based economy

    At one point every "e-" and internet-based company was red hot, and it didn't matter if they would ever make money, as long as you could get it to IPO, or sell it as a promising prospect. One example was my own sector - IT consultants - where some valuations were at around USD 3 mn per head in...
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    finance based economy

    There were too many to count, and not only in the beginning of the bubble's extreme growth in valuations (P/E-mania :D). Warren Buffet was one who always praised fundamentals, and never retracted his views. Yes, predictions are all over the place, the same goes for research and analysis. I...
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    finance based economy

    I just remember the dot.com bubble warnings, but everyone just loved the bubble so much. I haven't been in the game long enough to answer for the past 50 years, but the biggest predicted fall is still the most recent one, and certainly was not untrue. Sometimes the recent news is so easy to...
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    Quote.com .. down again!

    This service has some serious trouble in my opinion. During the last few weeks, every time (on the ES data) when markets open, are near the close or any type of spurts in trading happens - the data halts. Frequently you'll experience lapses in the data, corrupting technical analysis etc. The...
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    What a range on the ES!!!

    Eco data makes for some really volatile trading today, when taking into consideration the other concerns on the geopolitical scene. Tug-of-wars from money managers at the end of the month and Q1 further influences this trading too, especially when considering that the ES/SPX is close to the...
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    Hyperinflation question

    I guess the monetary risks are extremely high in a hyperinflation environment. Brazil has one of the weakest and most unstable currencies in the world, inflation is rising, and is steadily high on a yearly basis (almost 10%). Interest rates on lending from banks is more than 10% per month (!!!)...
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    Who will you vote for for President?

    European countries are mostly based on social-democracy, which I guess is a little bit like the more collectivist democrats in the US. Taxes are normally high, because of mostly free social services. However, some countries are quite ok with respect to taxes as well. The channel islands like...
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    NQ is vertical!!!!

    Overnight stress-/risk-factors. Along with nicely played defense on ES/SP 1100 as well as a dry-up of buyers who seems to have gotten the market news too. :D
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    NQ is vertical!!!!

    Well, I had my doubts if the resistance would measure up in the unevitable pissing-contest from the big'uns. It seems they got (deservedly) creamed. Most of the numbers for the rest of the week are expected as good/fair in line with the previous weeks, so I guess there's only room for the...
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    What Would Jesus Trade?

    Having to prepare for armageddon, he might be boosting defense- and military-tech stocks. :D
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    Trading psychology: is it being overdone?

    Try making kids for emotional balance, but be prepared for a lot of work too. :D
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