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    Had to post this - Student loan fugitives

    Tuition should have some correlation with the amount of money someone can expect to make with that particular degree. A music major shouldn't be paying the same $ per credit that an engineering major pays.
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    Under Pres. Obama, what is the over/under that a city gets nuked by terrorists

    We'll only get nuked by terrorists if the powers that be want it to happen.
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    Gay Marriage Or Incest

    This
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    "W" Movie

    They're making a sequel to Wall Street. It's going to be called "Money Never Sleeps". Michael Douglas is supposed to be in it again. What's Ivan Boesky up to these days anyway?
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    The Scary Thing About "Joe the Plumber"

    That's funny. I know quite a few people who received scholarships/grants and did very well academically. Most of them don't have two dimes to rub together. There are plenty of skilled tradesmen who became contractors and are now fairly wealthy. There are also plenty of wealthy floor...
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    Voting Machine Fraud AGAIN!

    A defense contractor owns Diebold. WTF do you expect? Your vote doesn't matter anyway.
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    Texas, specifically Dallas, Real Estate

    Probably because the jobs don't pay sh*t. Unless you're in the oil business.
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    GBS Trading System

    I remember reading a book a while ago that told the true story of a former NYSE janitor who became wealthy buying breakouts of the 52 week high. Forgot his name. The system in your post seems too complicated for my simple mind. I like simple things.
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    Defining Moment: Colin Powell Endorses Barack Obama

    Oh goody. I'm definitely going to vote for Obama now. Because Colin Powell said so. Give me a break.
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    Taxes

    Federal income tax goes to pay the interest on the money that the government borrows from the Fed. This is why taxes can only increase over time as long as the Fed exists. I can't wait to see the day when the average American is paying 75% of their income in taxes. Hopefully, I'll be out of...
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    Homeowners 'Choosing to Default On Mortgages' to Qualify for Federal Mortgage Relief

    Awesome. My credit score is 750 and I'm only 23. Does this mean I can buy anything I want?
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    What does it mean to be unAmerican?

    Paying taxes.
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    I don't get it. House worth less than mortgage=can't pay mortgage??????

    30-50% down is a little extreme. There are plenty of people who put 3% down and pay PITI who could easily afford their mortgage. Without the idiotic spending at ripoff restaurants, $100 jeans and sneakers, our economy would turn into Japan's. The markets would become much less volatile, and...
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    I don't get it. House worth less than mortgage=can't pay mortgage??????

    Technically still true assuming you don't overpay or even if you slightly overpay. Bottom line is, if you can't afford to make the payments with at least 10% down and a traditional mortgage, you shouldn't have bought it in the first place.
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    A word about redistribution of wealth

    Umm, 8% of $5 mil is $400k, not $40k. So you would only need a return of .8% to make $40k. You could easily beat that return by putting the money into a CD.
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    Joe the Plumber is NOT a plumber

    Actually, you don't. Reread my most. In Ohio, you need 5 years AS A JORUNEYMAN before you are even able to take the test. Plumbers don't automatically start out working as journeyman. They start out as helpers or apprentices. An apprenticeship is typically 5 years. So, how do you know that...
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    Joe the Plumber is NOT a plumber

    It has already been mentioned, but you don't need a plumbers license to work as a plumber. The contractor you're working for simply needs the license. In many states, you need to work 4-5 years as a journeyman plumber before you are even able to take the test to get your license. None of us...
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    Hearing Chicago MERC trader commited suicide after blowing out

    I don't understand. Why kill yourself? At least rob a bank first and try to get back into the game. If it doesn't work out, you can always smuggle heroin. Go out with a bang.
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    Joe the Plumber is NOT a plumber

    Some union plumbers make twice that much.
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    I dropped out of HS to be a better family man?

    I'm pretty sure you need a HS diploma and some college credits to become an apprentice these days. Unless, you "know" someone.
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