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We are starting down a path that may not end well. Gold jumped right away. Rice Rocket, is this a sign of desperation by the FED?

We couldn't do this 180 billion dollars ago? Timmy is a total screw up.

I think hyperinflation is unlikely, but a scenrio like the 70's where you have strong inflation trends, and weak unemployment is very real. Inflation is an expansion of the money supply and is irrespective of currencies vs currencies. Some argue that inflation is a general rise in the...

If you had 1 billion dollars, mostly liquid and its 50% of your networth. And, Barack Obama, Helicopter Ben Bernanke and Timmy "TurboTax" Geithner came to you looking for seed money for their new hedge fund called Hope & Change USA Agressive Growth, would you invest? Think about.

Congressional Salaries cost us about 80 million/year. They voted to give themselves a $2.3 million increase in December 08. What no outrage? No anger? Why doesn't congress forgo there salaries since this disaster happened on their watch. People want it both ways. Bailout the bum...

I think the traitor, is the person who takes my money without my input. Who steals it via inflation and steals it via taxation. I didn't elect Ben Bernake, and last I checked no where in the constitution, does it say that the government guarantees that private banks will not fail. I think...

The business owners we deal with believe in cash, used items and almost no financing. The only thing they ever finance are buildings or capital goods, but right now they are buying cash. They saved their nuts for the winter and winter is here. The idea that if banks failed society would...

I agree as a small business owner I am seeing the uptick already, but much is based on expectations 1) Those who survived the 1st round of layoffs from EOY 08, and Q1 are a little more optimistic 2) some are big believers in Barack 3) Many companies, are seeing this as the bottom and...

Here's a good blog, on an ordinary Icelander. http://newsfrettir.com/alive/ This is the first time .. March 5th, 2009 .. that I can actually say that i´m scared. I have no clue where this country is heading and as it looks to a person like me and most around me, everything looks...

as somone how was involved in the business side for over a decade, The problem with the out of control costs in our system are: 1) Everyone wants the best. We have the best treatments and the latest technologies. We are opening medical centrers on every corner. I think this is a good...

I smell bullshit on this article. Only because. If the derivatives haven't imploded by now. They aren't going too, or the expectations are overdone and people are not adding right. if 50% collapse in markets which have already wiped out most financial desks is in't enough to derail these...

1 ) Its not a useless topic. 2) What the hell is paper wealth? Paper wealth is real wealth or vice versa. Assets have value, how you calculate the value can be subjective or very objective but nonetheless in the end all we have are assets and debt. Are you saying that your not...

my main point BUBBLES ARE NORMAL!! I still don't understand why even Greenspan, or almost everyone esle fall into the trap of semantics by acting as if a market bubble or irrational decisions are not normal and who is to blame for what, as if normality would have been maintained had...

Consumers aren't dead. But what has changed between Jan 2007 and today. Government debt, taxes, and capital costs. I believe Upper Middle Class consumption is dead, as the government has directly targeted the destruction of this class. People making between $120 - $600K per year...

This is chapter 11, the firm is reorganized, and creditors are paid off or put into payment plans. If the UAW doesnt play ball then you Chapter 7, pure liquidation, which would be catastrophic for UAW as the would be a disorderly process imploding the Auto industry in the U.s thereby...

Ask google he's your friend http://blogs.wsj.com/deals/2009/02/20/deal-journal-qa-why-not-a-general-motors-bankruptcy/ The Great Benefits of a General Motors Bankruptcy As General Motors passes around an ever-larger tin cup to Washington lawmakers, people are increasingly pondering the...

As unlikely as says nationalization of the banks. If the federal government fully controls the vaults where the assets are stored..how much farther is it to control the assets. And remember.. the pain will be so bad you will want them to nationalize. When you have nothing to retire on...

I truly hope we are nearing a bottom. My concerns are that we will look back at 2008 early 09 and think happy times from a civilian perspective. The markets may rally short-term. But until Washington gets it crap toghether and either leads, follow or GTHO then I forsee burst rallys...

You are correct. An enlightened person, who can see past the bullshit. http://www.lewrockwell.com/rockwell/medical.html

FDR was the closest we have come to a dictator in the country. He laid the foundation for the current disaster. Never heard of this plot...but I am sure if its true many of the men were upset with the FDR regime.