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Why you think civil unrest will happen in US when it didn't happen during the Great Depression? WWII started somewhere else, not in US..:)

It is interesting that the concept more spending=more tax is lost somewhere in the last 10 years. Nobody disagree that we need to spend more to simulate the economy. Yet, when bills come in the form of tax hike, everyone is like war on this and that. Eat out in restaurant - good...

That tell you how many people here understand capital hierarchy structure...

You deal with China's number the same way you deal with US's number. Look at individual companies, their reports as an aggregate tell you everything you need to know.

The counter party of AIG really should take a hit too. Gov shouldn't shoulder 100% of the loss. Afterall, they should be happy that they got anything at all.

The market has to hit low, stay low without government saying a single thing. Ever since Oct 2007, Ben and Paul has been yapping non stop everytime the index went lower. Except the citi thing, this week has been quite an orderly decline which is what it supposes to be.

Took him 3 years to figure it out....

You talked about the negative feedback loop. Look at the flip side, the positive feedback loop didn't last forever and certainly, the negative feedback loop won't last forever neither.

I think he did a good job so far. At least from his speech, he commits himself to tackle some VERY difficult problems. How to restructure all those entitlement programs? No past administrations are willing to touch it. Why, you are guarantee to upset people one way or the other when you...

MAESTRO, you have simulated enough thoughs here that a bunch of homework has been assigned...:)

There is only one tax I support - gasoline tax.

How about this. Give me all the bonus money and I guarantee I will spend every dime of it. Sound like a good deal? Sound good to me definitely.

Don't you know that the worse state a country is at, the more defying the leader will be. Just look at North Korea..:) If Obama can be pushed around, we are in good shape.

I suggest Moon land. It is totally decouple from the earth and it is mineral rich. In fact, that's all it has....:) It has no economy so it can't go lower. There is no warfare in its whole history!

Once in a while, ET have some good thread and this is one of it. MAESTRO? By chance, you have a math or engineering background? :)

Not sure whether this is real or not, but it is funny..:)

If this is legal, can't people using the same strategy to avoid estate tax?

Correct, but they took the money and they took a lot! 700B of them. Yes, you should paid employee fairly and earn a profit. If you can't earn a profit, then you can't afford your employees. Let alone bonus. You are correct. My problem is with the bailout. Any banks or wall street...

When your business is losing money, you have 3 option : 1) cut expense 2) sell the business 3) close it down For bail out firms, the MAXIMUM 'right" amount of company money goes to employee is : Revenue - fixed cost/expense - check to government - employee cost = 0. IE, if your firm...

Sorry. This is the same argument that UAW made for their management counterpart. The fact is : If your company take the bail out money ( corporate welfare check ), someone between the CEO and the janitor are at fault. Don't expect the taxpayers to distinguish which is which. If the...