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When you see something like that, you have to suspect how the contract was handled.

Didn't he recommend selling everything?

Look at this as 1st offer. With counter offers, at least there will be negotiation. This issue so far is dead at the international stage.

Also, get this. Once these banks get the money, they are not lending it out. They either hold it or they use it to buy out competition. Yea, good plan Paulson. On the other hand, don't hold grudges to smaller banks. If big banks get help, it is only fair smaller ones get it too.

In the bail out bill, they have the exec com capped for FUTURE contract and not the current ones. The excuse is that if caps are applied to current contract, banks won't participate! That's why the investment banks will still have 20B of taxpayers money for this year's bonus. I swear...

About who is taking advantage of who ( poor vs rich ), I will offer you this perspective. If you are a talented, rich guy earning millions. Do you think you can achieve the same comfort living if you are the only person exists in USA? You are probably too busy hunting for everyday meal...

I have to post this. Took me a while to find this since youtube take them all down. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/7JXnPwgimwE&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed...

This is call non-stop raping of longs. .... --> US --> Asia --> Europe --> US --> Asia --> Europe .... Round and round we go.

Seriously, I don't really think Obama is that special. The truth is George Bush, Palin being one beat away from being the President and the economy basically seal the deal. Rolling back Bush's tax cut is going to hurt me but I have to vote for Obama anyway. BTW : Nice pictures..:)

There shouldn't be student loan for majors that can't find a decent job. Geez. 160k for a music degree? Also, 160k is high for ANY degree, unless this stupid ass went to an Ivy league school.

Down the road, it is not an argument for deflation or inflation. Deflation will not work because shrinking US GDP will put heavy burden on US to service its debt. So.... the only option is to have inflation. If we can have higher inflation but not hyperinflation, that is good enough.

Don't forget the Weapon of Mass Financial Destruction - CDS. To me. this allow unlimited leverage ratio and that seal the deal for this kind of outcome.

They should be blamed too, but I think most of them are paying a price. Hopefully, we will correct that behavior.

You are preaching to the choir here at trader forum. The problem is people are selfish. They not only want to take their share in the cookie jar. They want to take a bigger share than what they have contributed to the cookie jar. Once they succeed in doing that. They want to scale up...

Because low-income has numbers to push what they want, the rich people has lobbyists to get what them want, and that leave you and me eating the crow. To be honest with you, my vote will be split between Libertarian party and Dems.

How do you know? Between slim chance and no chance, I pick slim chance. Credit him or not. Clinton didn't run up the deficit. If he taxed people to achieve that, so be it. If there is a party that go for low tax, cut spending to achieve it, I am all for it. Currently, there is none...

Put it this way. There is no chance Patriot act will be repealed if McCain is selected. Direct taxes - you settle it in current generation. Deficits - you pass it onto the next generation + you hand a leach to foreign governments.

Well, 9% growth should equal 9% nominal growth for all chinese corporations, right? :) Just get a trend of all chinese companies earning growth and bond yield and you can see where everything are at.

That logic is flaw...:) Based on your logic, communisim will be the best then. Cause the more you give out and the more you receive.

The problem is not Obama being "left". It is republican being not "right" on the fiscal policy. Look at the deficit. How can anyone has faith with republican as the fiscal conservative? I don't like tax increase, but if I want no tax increase and no budget deficit, I don't have that...