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Alan Greenspan, in the last few days, stated that tax cuts DO NOT pay for themselves and they simply add to the deficit. He is in favor of letting Bush II's tax cuts expire. Maybe my kool-aid is less tainted than yours.

You are making an apples to oranges comparison. The below link shows that JC started supporting the Afghan rebels in 1978. If the Afghans had to wait over 2 years for support to start from 1978, until Reagan was elected, they most likely would have lost. This is not Germany invading Poland...

Jimmy Carter was responsible for the fall of the Soviets too as their fateful war started under his watch.

Last time I checked China is the largest communist country in history and they are doing fine. So, even though the Soviet war in Afghan, which started under Carter by the way, destroyed the Soviet comm. threat the bigger threat of China was left undealt with. So Jimmy Carter, whether it was...

The point you and others is missing is that the dollar is linked to US citizens too. If we don't pay the debt we owe on bonds, the dollar impact due to reduced credit rating would hurt US citizens too. Where, in a standard empire, when you take the other countries gold or other resources, the...

I agree totally. The 1970's were actually America's last great decade. Personal and gov't debt levels were reasonable. Everybody could afford a house and a decent car. Inflation was a little high temporarily but because debt levels were so low, even if interest rates went up to compensate...

America doesn't have an empire and has never had an empire. In an empire, you have colonies that pay taxes and tribute to the imperial power. Do any of the countries where we have bases pay us a dime? No. If anything, the opposite is true as we are paying "tribute" to our allies by providing...

Do the respondents realize that, since Korea, other countries took our loss there as weakness and have been challenging us? If the Taliban knew we would carpet bomb/firebomb their entire country, like in WWII, and not be wimpy, like Korea, do you think they would have hosted AQ?

starcraft I

This is why I'm still bearish through all the big runups whenever there is a sliver of good news. If everyone else goes austerity and we don't, we lose our perfect credit rating, which will have devastating impacts.

still long tza from 7/20. Might take a small loss on this one.

exit tza scalp -0.15 as reversal perterd out

bought small tza 35.5

Definitely short S 200. I think the AAPLE runup faked a lot of people out. Although earnings are good mostly, revenue is still down.

This one petered out at ~1.7% in an hour. Everytime it seems we are gonna hit 3%, profit taking prevails...

This one is about 1.3% in 30 minutes but it is petering out due to breakers/profit taking. Still 30 minutes to go though...

After the runup due to AAPLE earnings, the trade is back to even. Since I'm using small position size and high stops/targets (> 10%) on a 3x ETF, the trade is still on. We will see how it does the rest of the day.

Can't see any reason for the move up today. Going to try to short it down with a small position size high reward/risk ratio trade. If I'm wrong that this is over bought, won't lose much.

http://sports.yahoo.com/nascar/blog/from_the_marbles/post/Nasty-Edwards-Keselowski-feud-flares-up-once-aga?urn=nascar,256605&cp=4#comments There is no second place in sports, lol.

It was up 7 in a row, but it didn't break the previous LH. Some of those "up" days were down days that ended up a few points by EOD buying action anyway.