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I don't know where you live, but in my town gas is 3x what it was on 9/11. Lot of good those 19 oil bases have done for that...

Evidently, neither Paulson or Bernanke knew. Congress doesn't know anything. Cox? Bush doesn't know his ass from his elbow. But, everyone else did, and yet, they let it happen anyways...

The U.S. has banks that are too big to fail, which is bad. Europe has banks that are too big to save, much worse. Things are just getting started. Should be real fun 'round election time...

Passively managed investments, AKA Buy & Hold, have been passe since Reagan introduced the mantra (spectre?) of deficit spending. Hell, as little as the Monday edition of IBD, one or two cups of coffee on a Sunday morning and StockCharts.com to slap a 50 and 200 day SMA on a chart could have...

He wasn't elected to the first term, he was appointed by the Supreme Court.

Possible, but incredibly short-sighted. A better strategy would be to open up Alaska and off-shore to oil drilling to lessen our dependence on foreign oil. But, with the proviso that the savings go into alternative energy R&D with a goal to develop and ultimately own the post-oil...

I don't know how many others feel about it, but invading Iraq on false pretenses is pretty much the same as throwing the first punch. Men of honor don't start fights, they finish them.

Here's one. CNBC's UK talking head just mentioned anecdotal reports of UK credit cards being refused in parts of Germany and Poland. Where there's smoke, there's fire...

IMHO, EURGPB looks to be topping out. Also, both EURCAD and EURCHF are in established downtrends. Other evidence for a Euro top would be Gisele (I know, supposedly false) and Iran calling for Euro-based oil...

Thanks, but I'd rather be dead then to walk around with such a piss-poor, fatalistic view of things.

Can't you see this is a set-up? They're pulling the market down today to push the House into passing the bailout. If it does pass I hope everyone remembers to vote every single one of them out of office they next time they come up for re-election. And, that includes the ones that vote...

Yeah, the ones that voted no are the ones that are up for re-election this year...

You do realize that this was an entirely different bill that the House passed back in March, right? The irony is that the Senate has sat on this thing since and it probably would have died in the Senate after this congress recessed. So, the House has two choices; modify their version of...

You're going to drive yourself nuts if you get caught up in the specifics. Right or wrong, it is what it is and it isn't going to change until a large part of the country wakes up and starts to care about what the hell is going on in Washington. I don't know if this is the watershed moment...

I agree with you on a principle level, but on a practical level nothing would get done without "reaching across the isle" to get something passed, You should also study a bit of history here too. The Bill of Rights, the first 10 amendments to the Constitution, was the first time "pork" was...

Hold on there... Anyone buying structured derivatives built on subprime mortgages deserves the very same comeuppance as every idiot that got overextended buying overpriced property with a teaser rate mortgage without having the means to pay for it. I also don't see why we should be so...

Sent...

Shameless bastards...

You say that like it's a bad thing. Fact is, there are two forms of democracy; direct and representative. The U.S. at the federal level is a representative democracy formed as a congressional republic. Most states have some form of direct democracy as well.

AP poll out this morning, 8 of 10 Americans oppose the bailout.