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  1. M

    A word about redistribution of wealth

    A young woman was about to finish her first year of college. Like so many others her age, she considered herself to be a very liberal Democrat, and among other liberal ideals, was very much in favor of higher taxes to support more government programs, in other words redistribution of wealth...
  2. M

    Obama's 95% Illusion

    "About the time our original 13 states adopted their new constitution, in 1787, Alexander Tyler, a Scottish history professor at the University of Edinburgh, had this to say about the fall of the Athenian Republic some 2,000 years prior: "A democracy is always temporary in nature; it simply...
  3. M

    Steve Cohen went to cash last week (at the bottom)

    There's an article you can find by googling, that I'm too lazy to do again, that said it was up over 45% this year and that it's thriving the in volatility.
  4. M

    Obama-Biden Tax Calculator

    I'm not sure why this discussion has lasted so long in the "Economics" category since it's clearly a political discussion. In any case - Obama and Pelosi have put us into stage 7 and will drive us very quickly to stage 8: "About the time our original 13 states adopted their new...
  5. M

    So I guess tax cuts are the way to go in a recession...

    Even the flip-flopping socialist is having to admit that now: http://elections.foxnews.com/2008/09/07/obama-recession-could-delay-end-to-bush-tax-cuts/
  6. M

    Obama the Socialist

    November will be the end of America as we know it and we will become the USSA: http://money.cnn.com/2008/06/20/magazines/fortune/easton_obama.fortune/index.htm?postversion=2008062308
  7. M

    Get The Hell Out: Part II

    That's funny because that's exactly what I did and I'll be staying out too at least untl the election and longer if the socialists take over as much as they seem they're going to.
  8. M

    Why isn't the market going down?

    I'm out and taking my 25% in 2.5 years and looking for 3-5% for now. I'm staying out at least until the election which should be enough time to see what happens with oil.
  9. M

    Why isn't the market going down?

    It looks like I'm not the only one that's confused: http://www.cnbc.com/id/24525790
  10. M

    Why isn't the market going down?

    LOL - very true, and it has the honor of being a cranial nerve at that!
  11. M

    Why isn't the market going down?

    Why are you named after a cranial nerve?
  12. M

    Why isn't the market going down?

    If I get out completely I will try to find some kind of non-variable (i.e. not stock based) fixed income investment. Right now my money market is giving about 2% tax free but I'd rather having something fixed at 5-7% if possible. I.e. I'm shooting for Buffet's near-term goal. One of the...
  13. M

    Why isn't the market going down?

    Options are for playing for me, not for my investing. I have considered buying a bunch of DXD to hedge, but being married I have to take into consideration that my wife said no way. I'm still trying to convince her that that's an option but if not, then getting out is the other option. As...
  14. M

    Why isn't the market going down?

    I actually am very diversified with 10% in 3 bond funds, 40% in 6 or 7 region specific international funds, 40% in specific ector funds and 10% in general market funds. I haven't made any major adjustments in these positions for over 2 years and am up over 25%, but I really don't want to see...
  15. M

    Why isn't the market going down?

    So in other words the "market" feels like things are going to stabilize or turn around despite people paying more than $50 a tank? I guess that's what I'm not getting. If gas prices really stay this high people will be spending less and so less jobs will be available. Are there actual...
  16. M

    Why isn't the market going down?

    I know that there's speculation that the sub-prime crisis may be ending but with gas prices as high as they are and the number of jobs being lost, why isn't the market turning down? Before you flame please understand that I'm really curious. I'm thinking of getting completely out of the...
  17. M

    Idea* Lets all buy the jamba juice company...

    There's a reason for the decline in the stock. Someone told me his broker recommended it when it was $8 so I looked into it. The first thing I read was an interview with it's president? founder? who turned out to be a wishy-washy hippy who was obviously not business oriented. I almost shorted...
  18. M

    Frosty Strategy Development

    I actually posted two summaries of acrary's posts on strategy formation and multiple strategy management: http://www.elitetrader.com/vb/showthread.php?s=&threadid=84891 http://www.elitetrader.com/vb/showthread.php?s=&threadid=84890 You might find these easier to wade through than the...
  19. M

    Jokes 2

    That's pretty funny :) Too bad it never happened: http://www.npr.org/about/urbanmyth.html
  20. M

    Lax CDC Officials Allow Thousands to be Exposed To Rare Form Of TB

    Just wait, now the ACLU will sue the CDC for quarantining the guy...
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