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  1. J

    What should we do about Illegal Immigration?

    How ironic that we wanted to "seal the border" between Afghanistan and Pakistan during our military campaign there, yet we can't even seal our own southern border at home. I can't imagine another country in the world giving illegal immigrants so many benefits. Why would you reward anyone who...
  2. J

    THE MARKET WIZARD THREAD

    The Market Wizard books are incredible. I've re read them many many many times. But a key lesson was overlooked (i.e. in the Baldwin example). Namely that after you make a fortune (in excess of a million lets say), it is absolutely essential to protect yourself from disaster. From Donald...
  3. J

    Should we go after Iran next?

    Let's see, we've picked a fight with 4 countries so far in 18 months (afghanistan, iraq, syria, iran). In the next 18 months before the elections, we'll probably have to pick 4 more countries: Who's the next junior level partner of the axis of evil? Libya, Sudan (??), The House of Saud...
  4. J

    Should we go after Iran next?

    Now Lawmakers want a "regime change" in Iran. Hmmmm. First there was Al Qaeda. The original bad guys in all of this. Bin Laden's group killed more americans in the last 10 years around the world than any other group. We haven't found him in his cave yet, but that's ok. Then there were the...
  5. J

    THE MARKET WIZARD THREAD

    I'm a big jim rogers fan. He's not always right (he was saying US stocks were overvalued in 93/94), but his overall philosophy is brilliant. I especially like his historical perspective on things (I love his quote "This time it's different. Those are the most dangerous words in investing". Buy...
  6. J

    US going to hell in a hand basket?

    I don't think that huge rate of homeownership in the US, nearing 70%, is an illusion. Out here in the fields, nothing gives one pride of place more - even if it is a low income setup, trailer, etc. ... I respectfully disagree. Look at what has happened to lending standards regarding homes...
  7. J

    US going to hell in a hand basket?

    That'll be a great time to buy, when everyone has thrown in the towel on America. When you see the cover of Time magazine declaring "Will it ever get better?" or: When Jay Leno is making jokes about money fleeing the country. When the number of Mutual funds and hedge funds dramatically...
  8. J

    US going to hell in a hand basket?

    The most dangerous thing about the US economy now is the attitude that "because we're America, historical lessons don't apply". No one in mainstream economic circles is even considering the idea that we will fall into a deflationary debt spiral (i.e. Japan). Greenspan mentions the word...
  9. J

    Texas Hold 'Em Book or Website

    Have you seen the movie "Rounders" with Matt Damon and Ed Norton? Great movie about the world of no limit hold'em. There are many parrallels to stock trading in it as well.
  10. J

    US going to hell in a hand basket?

    I don't like to admit it, but, I do believe the US is entering a long term secular decline in terms of economic and productivity achievement. The reasons: FACT. No country in the history of the world has stayed on top for ever. You might say, "well, its different this time". Those words "its...
  11. J

    Infomercial?

    William J McKorkle, he was a riot. He told his story, about how he was a poor boy, then rose to the top. His wife was hottie in the infomercials (wasn't it Chantel?). Remember his private island? "Using William J McKorkles system, I made $20,000 in my first month. William puts up all the...
  12. J

    What would be considered a "world class return" in todays market?

    I dont think its pointless at all. Instead of focusing on how tough the market is, focus on a benchmark that is at the top of the class. Like a baseball player chasing a .400 average. One prop trader told me that anything above 2-3% positive return for the year is doing really well. I just...
  13. J

    What would be considered a "world class return" in todays market?

    With some threads talking about how tough the market is, I'm curious what you guys think would be consider a "world class" return in the market today? The top of the industry. On a risk adjusted basis. Any estimates?
  14. J

    Infomercial?

    Remember Don Lapre? Or William J McKorkle, lol? Those money making type infomercials will always have some followers. People are forever searching for that "holy grail" to make them a million dollars. Carleton Sheets has been in business forever. But besides money making opportunites, how about...
  15. J

    ANTI-WAR/USA BASHERS: WHERE ARE YOU NOW, MFERS?!?!

    Just because you were against the war, doesn't mean you are automatically anti american. What a load of crap. I dont know why people automatically jump to that conclusion. I was absolutely against the reasons behind the war, but very pro american. Alot of the peace protestors were. They are pro...
  16. J

    US hypocracy when it comes to blaming others about human rights?

    The US accuses China of these "serious human rights abuses": "While citing the release of several well-known Chinese dissidents, the report accused China of numerous "instances of extrajudicial killings, torture and mistreatment of prisoners, forced confessions, arbitrary arrest and...
  17. J

    The Pentagon's Victoria Clarke, hot or not?

    She seems pretty freakin tough if you ask me. Not some soft cuddly chick. Sort of a cross between Susie Orman and Janet Reno, lol. Who's the most attractive woman covering the conflict? Cnn has a attractive woman in Kuwait City with dark/black hair (not Christiane Anampour, uhhh). I haven't...
  18. J

    Did Rumsfeld & Co. Put Us In A Mess? And Why Are We Really There?

    We are losing the respect of other countries, not because of how we're handling the war, but because of our total disregard for world opinion, international law, and international treaties. After 9/11, the world didn't hate us. The world was united together in such a strong fashion, it may...
  19. J

    War Optimism

    It hasn't gone as smoothly as I first thought. The longer this thing takes, the hotter it'll get in Iraq, possibly slowing down coalition forces (fighting in chemical suits in 100 degree heat?). My biggest concern is seeing a lack of Iraqi civilian celebration. Where are the women and...
  20. J

    WAR IN 72 HOURS... TIME FOR UNITY... WHATEVER OUR DIFFERENCES...

    I truely truely hope that Saddam's forces will collapse before the first bullet (or missle) is fired. Maybe the regular Iraqi army will cave in, then the Republic Guard units are left wondering what to do, and they realize the game will be up soon. Then they put up the white flags, as American...
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