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PS: I got a BIG question for anyone supporting the "stimulus" mania... If borrowing to spend creates jobs, THEN WHAT HAPPENS WHEN YOU PAY THE INTEREST ON THE DEBT, OR REPAY IT??? My God, are we taking away our children's, chidren's jobs now, too, just so we can borrow to live in...

Is there nobody but me here that sees that the reason for the "crisis" is that our credit worthiness as a nation is now suspect in the eyes of the world, and they are only willing to lend more with government guarantees? The solution, of course, from a common sense viewpoint, is simply to...

LOL, brain slip I wonder why I typed William?

To see what would happen to imports, let's look at a car now entering the U.S. at a cost to the importer of $20,000. Under the new plan and the assumption that ICs sell for 10%, the importer's cost would rise to $22,000. If demand for the car was exceptionally strong, the importer might manage...

This is from an article he wrote in 2003. I'm surprised it never got posted here. Maybe its time..... "In effect, our country has been behaving like an extraordinarily rich family that possesses an immense farm. In order to consume 4% more than we produce--that's the trade deficit--we...

Cali will go down first. Within a month or two would be my guess. Gonna be an ugly year...

They are printing infinite amounts of dollars and pounds at a much faster rate than gold ever was or ever will be found. My bet is those coins will sell for at least 3 to 5 times the spot price of gold, and will have no effect on the overall price of gold. Coins have done great the past...

Feel free to believe PAPER is worth more... When the Bundesbank decides to sell ALL their gold I'll start thinking about it. Till then, I don't trust paper promises or debt.

Yup, yup, you just hold onto those shorts! Don't you see the world is beginning to realize that we have no ability to ever repay all this debt? The dollar is just debt piled on more debt, all the way to Pluto and back. Lets be totally honest. The stimulus, no matter if its $800 billion...

I run ThinkorSwim on Sabayon 4, one with 4 big screens on a Core 2 Quad with 8gb memory, and the 2nd with 2 big screens off a dual Pentium III 750's and 2gb. I also run TDAmeritrade command center on those machines. The programs also ran under debian etch, but I like the Sabayon 4...

This month will be salvaged via the b/d adj by adding 70 to 100k when it should be subtracting. Next month will be minus 1 to 2 million.

Add me, too. If the SIPC is paying off all the people he scammed, the rest of us will end up paying it as a result.

There are only $1.4 or $1.5 Trillion US Dollars in existence. Have a look at the Fed's M1 numbers. So how can anyone pay anyone else such huge sums of money?

Supposedly British counterfeiting of Continental Dollars was one of the reasons for its hyperinflationary collapse. Funny that a Continental Dollar is now worth $25 to $50 depending on the condition. I never heard of that problem with Confederate dollars, but they hyperinflated to...

All those US dollars out there in foreign hands (especially oil money) will get cashed in for gold before it hits $600. They believe in gold. I don't think they believe much in the dollar anymore. Essentially its an escape hatch from the dollar for them, as I see it. Once they take it...

Your TARP dollars at work

December is over.... 47% of gold taken by deliveries I think a good chunk of what's left will be taken by Feb. deliveries At what point does the government money get scared to short more?

The miracle of heudonically adjusted price data will save us. It will keep inflation low, and allow us to still have the buying power to purchase beans and rice and flour with our Social Security checks.

According to the Constitution that would be illegal.

God forbid anyone should ask how or when this lunacy will ever get paid for? I hope I'm dead by then.