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    Goldman Sachs: Pic of the day

    Now that's funny!
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    Goldman Sachs: Pic of the day

    Goldman is a welfare queen, and may have not survived w/out taxpayer money. So much for your lauded 'risk,' as the taxpayers were parlayed a ton of risk, while Goldman got to privatize profits. In fact, no one knows how much money Goldman sucked from the public teat ala manner of AIG...
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    How China Cooks Its Books & The Growing Risk of a Chinese Economic Implosion

    Here's the rub: China's surplus is a surplus (as a surplus is a surplus is a surplus), but relative to their population size and critical need for infrastructure (and shear number impoverished Chinese), it's not that relevant. Also, China's economic game plan, which has allowed it above...
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    Goldman Sachs: Pic of the day

    Thanks for the no interest loans, sucker American Taxpayers! Goldman Sachs Nine-Month Compensation Totals $527,192 a Person http://www.bloomberg.com/apps/news?pid=20601087&sid=aaX80G_cnjBw
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    How China Cooks Its Books & The Growing Risk of a Chinese Economic Implosion

    Claims of the demise of the west have been, as one famous satirist once famously remarked, "greatly exaggerated." All the Asian nations - all - are export driven, primarily. Dampened exports = dampened growth and restraint on prosperity automatically. This is why China, Japan & South...
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    Nokia Reports $1.36 Billion Loss - Global Sales Fall Astounding 20%

    Nokia Reports $1.36 Billion Loss By KEVIN J. O'BRIEN Published: October 15, 2009 BERLIN — Nokia, the world’s largest mobile phone maker, reported a $1.36 billion loss in the third quarter as the company wrote down the value of its wireless networks venture by $1.35 billion and global...
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    That which makes African-Americans Singularly Different Than Other Minority Group

    The effect of big government and welfare, so much so that it's generationally ingrained (in other words, there are 3rd and 4th generation blacks on welfare - they've known no other life), on the black community is most likely a huge albatross around any incentives they may have to try their hand...
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    Stim II •Fed Officials Question Durability of U.S. Expansion, Discuss Aid Increase

    You can track corporate financing of campaigns, and increased monies flowing to politicians from the private sector, with the number of politicians corrupted and giving the big bird to the U.S. citizenry. Corpocracy, not democracy...that's what we have.
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    •Mark-to-Make-Believe Turns Junk Loans to Gold

    http://www.bloomberg.com/apps/news?pid=20601039&sid=aUg4uV.mo1kw Mark-to-Make-Believe Turns Junk Loans to Gold: Jonathan Weil Share | Email | Print | A A A Commentary by Jonathan Weil Oct. 15 (Bloomberg) -- Here’s the best tip I ever got on how to read a company’s financial...
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    Dollar bears are misleading the world

    http://www.dnaindia.com/opinion/column_dollar-bears-are-misleading-the-world_1298686 Dollar bears are misleading the world Venkatesan Vembu Tuesday, October 13, 2009 22:40 IST Last week, the global currency markets were rattled by the detonation of what some analysts saw as a monetary...
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    Stim II •Fed Officials Question Durability of U.S. Expansion, Discuss Aid Increase

    As famously said, our government is in the business of privatizing profits and socializing losses. This is also known as screwing over taxpayers and future generations (tax and spend; corporate welfare; violent governmental sins).
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    Homeless invests in the stock market

    Hey 3 post douchebag, if you're so interested in me, let it be known that I'm not gay (sorry to disappoint you), and you can find the answer to your idiotic question by conducting a search. And good luck to you, 3 post wonder, as you leverage in to this record high valuation equity market -...
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    Greener Shoots! •U.S. Foreclosures Rose 23% in 3rd Quarter on Bank Reposessions

    Salutations, countrymen. The time for shorting the equity markets draws nearer. Irrationality can last for some time, but ultimately, reality catches up to hype/ebulience/mania/bubbles. Irrationality is on its last legs. New record for foreclosures, with 4 million yet to be filed, and...
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    Melt UP!!

    Bullish sentiment on the equity markets is quite robust. http://finance.yahoo.com/news/Options-Point-to-Bullish-indie-3317057379.html?x=0&.v=1
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    Stim II •Fed Officials Question Durability of U.S. Expansion, Discuss Aid Increase

    •Fed Officials Question Durability of U.S. Expansion, Discuss Aid Increase http://www.bloomberg.com/apps/news?pid=20601087&sid=auEbCSyVRaxY Fed Officials Question Expansion’s Durability, Discuss More Aid Share | Email | Print | A A A By Craig Torres Oct. 15 (Bloomberg) --...
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    Chicago Tribune from 1934. Amazing

    Not to split hairs, and I really may be doing that (even assuming I'm correct), but the equity markets crashed in '29, but I'm not sure the GD started in '29, necessarily. As to the rest and most important part of your post, I agree. The failure to save the banks and the deposit base was...
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    One Overvalued Market: Trailing P/E on “reported” earnings widened to record 140x

    We agree for the most part, then. I'd just point out that the New York region seems to have been narrowed in the sense that even with a 50% uptick in equity markets since the March lows, there are fewer people working in the financial sector pulling down the big bucks, and many New Yorkers lost...
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    That which makes African-Americans Singularly Different Than Other Minority Group

    As far as I'm concerned, and this is not a flame-baiting post, but rather, an objective observation, African-Americans do not own businesses and stores even in their own communities (there are exceptions of course, but the general pattern is tight). Koreans, Vietnamese, Jews, Arabs...
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    How China Cooks Its Books & The Growing Risk of a Chinese Economic Implosion

    Great post x2. Don't forget that China is adding to commodity stockpiles not necessarily out of current demand, but as a hedge due to weak global currencies and based on potential future necessity.
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