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    Bank of America, American Express May Suffer as CREDIT CARD DEFAULTS SET RECORD

    Are credit card companies required to hold reserves on the loans they give? Do they need this to be a % of actual money loaned or the maximum limit of their customer's credit?
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    Obama to tell Canada: No more tar sands oil imports

    Tar sands production have not stopped, or even slowed since the drop of oil prices. Rig pigs are out of work because conventional oil well exploration has been dropping off for the past few years, and only the most remote costly conventional oil reserves have been tapped(oil that, in 2000 was...
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    Monetary union has left half of Europe trapped in depression

    So is it just me or is there a lot of slang in that article. I just don't get some of it.
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    Socialised health care in Canada poll

    No, I am from a foreign country and just phoned someone from Canada to get my information. First off I'm Canadian. My mother is a nurse, my sister is a lab technician, my mother in law is a lab technician, my sister in law is a nurse, I have 2 cousins that are MDs, many other cousins that...
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    Socialised health care in Canada poll

    Most now? Your last post said "vast majority" or some similar bull. So you are not Canadian but seem to think you may speak with authority on the subject? I should have suspected as much seeing as you really have no clue about what you are talking about.
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    Socialised health care in Canada poll

    It is a far step from acknowledging private health care exists and then stating that the overwhelming majority of medical needs can be met through the private system. This is simply not true, not even close. The blinders comment was aimed at your non-sensical post that had little to nothing...
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    Socialised health care in Canada poll

    Canada has lots of indians, so there goes that arguement. And what about high infant mortality rate of 7/1000? Sweden, Norway and Finland all have rates of ~3/1000 and they have socialized medicine. I agree that birth rates, life expectancy stats have alot more factors, but doesn't that...
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    Socialised health care in Canada poll

    Nobody was arguing about the quality or speed of care. I was just pointing out that you were wrong to say all facets of health care in Canada could be obtained in the private sector. Try reading what I wrote with the blinders off.
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    CNBC/Elite Trader

    I think this moment in history is the best time to be involved in a community like ET. It is sort of like the Digg.com of world financial news, if there is some info worth posting someone is going to post it.
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    Socialised health care in Canada poll

    Health Canada has strict restrictions on types of care that can be delivered at a "private" clinics. If the care is on the "covered" list, then no, a "private clinic" cannot treat you. Most of these types of businesses exist for care related to plastic surgery, abortions, dentists, eye care...
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    Socialised health care in Canada poll

    If you're worried? Classic case of the "oh noez my ankle hurtz I need MRI now" kind of crap that creates waiting lists in the first place.
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    Socialised health care in Canada poll

    My sister in law was ordered to hospical bed rest for the remaining months during her pregnancy(about 4 months). About 2.5 months into the bed rest the problem they were trying to avoid occured and she lost a very large amount of blood. If she weren't in the hospital she would have died and...
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    Obama Declares US Wage Controls

    "On Wall Street, there is concern that compensation curbs would hinder a company’s ability to attract top-notch employees, and that would lead to a talent drain, Meredith Whitney, an analyst at Oppenheimer & Co., said on Bloomberg Television. “If you cap compensation, the best and the...
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    BAC dishing Dirt on the FED

    After less than 48 hours of due diligence, Bank of America struck an agreement to buy the battered securities firm for $50 billion in stock, or $29 a share. (The value of the deal has since declined along with Bank of America's share price.) "I look forward to a great partnership with Merrill...
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    BAC dishing Dirt on the FED

    The money is coming at a price. Six months into the great bailout of U.S. finance, Washington's rescue attempt has helped shore up the system. But that emergency effort, planned on the fly, has taken the government on a risky journey deep into the heart of American capitalism. Bureaucrats are...
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    BAC dishing Dirt on the FED

    The Bank of America Corp. chairman and chief executive had agreed to buy brokerage giant Merrill Lynch & Co. in September, possibly saving it from collapse. But by early December, Merrill's losses were spiraling out of control. Internal calculations showed Merrill had a horrifying pretax loss of...
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    CNBC: The "End" of Warren Buffett

    Yes it is Talknet. Did he get banned or lose his password? "GWB is the greatest president ever."
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    What are we going to do about speculation keeping oil prices down?

    So demand for oil is not lower than it was in 07? Supply is always going to be an issue, with a large majority of oil coming from politically unstable regions.
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    Buffett says US in 'economic Pearl Harbor'

    I wonder if he means the current financial situation is going to be a catalyst for WWIII.
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    Charging ahead to push electric cars

    1 gallon of gasoline has 36 kilowatt hours of energy. The US consumes 390 million gallons of gasoline per day. An average solar panel puts out 1 kilowatt hour per 120 square feet. To even touch 1% of the electrical demand by solar panel, you need 600 square miles of panel. And you can't...
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