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You are right, the current state is not Obama's fault, and is directly correlated to Bush's administration. However, Bush i off collecting his lofty pension, and the microscope is on Obama. He must produce now, or he'll be hung out to dry on this problem. Raising taxes at the corporate level...

Don't forget about workers over the age of 62, who were layed off, couldn't find re-employment, and decided to take early Social Security......they are not counted in the Unemployment stats either.

Hell, the next WW will be so massive, that they will ask you to be fighting along side your kids. Personally, I believe the next war will be in the streets of the U.S., as part of total economic collapse, and government overthrow. BTW, put your cash in pork bellies......

And the stock market keeps churning upward, almost oblivious to any economic events. The market is taking the "Emperor Without Clothes" approach. Thankfully, I have all my assets in pork bellies (not even sure what they are.....).

A couple of months back, 60 Minutes portrayed a very frightening scenario -- apparently, in Q1, 2010, a ton of ARM mortgages "rate-changes" will be coming due, and this will cause a tidal wave of fresh new delinquencies and foreclosures. Between this, the housing bubble that still exists in...

P.S. "NYC" is a NYSE Composite Index ETF that can be traded, that directly correlates to this index.

I have tried to use stockcharts.com tools to do this, but unfortunately, I cannot get it to work (sorry !). However, I have been using P&F and NYSE Bullish % index to trade within my 401K for years. From manual inspection, I find that there is a very high correlation between the NYSE Bullish...

I've been bearish since middle/end of July or so.

The NYSE Bullish % Index, which to me, is the bellweather of all indices, and which is predicated on the Point & Figure charts of all NYSE stock components, is now at a 10-year high. See the following chart for details: http://stockcharts.com/def/servlet/SC.pnf?c=$BPNYA,P As of...

We're just re-inflating the bubble. Next year (Q1) will be interesting.....lots of ARM's are due for rate increases, and this can easily cause another severe round of foreclosures. I don't care what the market has been doing.....still very bearish over here.

LMAO ! That was truly hilarious....I had tears streaming down my cheeks on this. Thank you very, very much for sharing it !

Sounds like you are either trying to boot off your HD, or the CD is not bootable. I would disable the HD in BIOS as a bootable device to ensure that you are attempting to boot off the CD and confirm that your BIOS boot order functionality is working properly. If you still don't boot, try...

Unfortunately, I believe his assertions are correct. Obama is continuing on the same path as Bush. It would probably be political suicide for him to do as the author suggests, and it would certainly be an unpopular decision, but I do agree. A purge of the current system, and allowing the bad...

Pretty bold proclamation from a guy who didn't even see it coming.

Excellent idea ! This would certainly foster competition !

Let me respond: 1) Risk and cost are all derived from statistics and the actuarial tables. Add the additional overhead of bloated and superfluous "managed-care" administration, and the price increases. Add the near monopolistic hold that the insurance companies have, and price increases...

Unfortunately, I agree with all you say. This Congress will again fail to come up with a plan, due to partisan politics dictating the mode of operation. If Congress were responsible for actually paying for their own healthcare, they might share our view of things. The next bubbles to burst...

Yes, this is scary. I live in NY, and it costs me $ 1,200 per month for family coverage, and that is with my deductibles pushed to the maximum. It is completely and utterly out of control. The main increase in costs have come during the Bush years, where Insurance companies where in his...

Not sure what % of the equity market is retail traders (aka, day traders), but it has to be fairly significant. Taxation of the US equity markets would cause these traders to flee to other markets such as FX. I really haven't closely followed the details of this proposal (since I don't believe...

What do I think ? Everyone in the news is Bullish; every analyst is bullish; the market has had an unbelievable run; Bernanke has gone out on a limb stating that the recession is over, and we are on the mend......what does this all mean - a hard, hard fall come September. Take money off the...