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  1. M

    life of Bernie Madoff

    Look at this poor victim and their family http://tinyurl.com/ykz8evx He made a Billion off of Bernie from his initial $21M but he is a victim because he lost a few hundred million at the end. Poor family. No wonder they don't feel they have to give any back.
  2. M

    Six-Figure Federal Salary Gravy Train

    This is too much but a couple of things to point out. 1) all the lower end jobs, maintenance, janitors, most clerk positions etc… have all been moved to contractors. There are 4 contractors for every Fed employee. 2) Because they hire contractors they don’t really hire that much and...
  3. M

    Indian and Chinese ETFs

    Your post actually got me thinking about it and I am looking at an Indian ETF. Id be interested in what others think.
  4. M

    Fall of North Korea or War

    North Koreans in shock as cash is 'banned' http://www.timesonline.co.uk/tol/news/world/asia/article6940482.ece We have heard rumors that Kim Jong Il was recently assassinated. They have basically wiped out everyone’s savings by doing a 100 to 1 reverse currency split with a $700 cap on...
  5. M

    Broke people are buying million dollar houses again.

    I wouldn’t live there. It is on the Beverly Hills tour routes because it is close to the Playboy mansion. If living like a monkey in a cage at the zoo sounds nice and you have this kind of cash, this is the house for you.
  6. M

    An offshoot from the Galleon case...

    This is organized crime but unlike traditional organized crime, these guys will roll over on everyone as soon as possible. I expect this to grow exponentially. Arthur J. Cutillo, 33, a lawyer at the prestigious firm of Ropes & Gray and the others are facing some real jail time that can only be...
  7. M

    does america do enough for world hunger

    I am feeling the same way personally. I have been helping some relatives on and off for years. Sure enough they have financial problems again and want help. I’m probably not going to o it this time as I am just sick of them. Their problems are entirely of their own making because of...
  8. M

    Wanna know how Jon Stewart buried Cramer.

    Very cool :)
  9. M

    The other face of China

    This is what will cause the government in China to fall. Right now they are worried about the citizen’s expectation of an improved life and equate this to economic progress. Once that has been met, the citizens will be looking at their health and the health of their one child. Cancer rates...
  10. M

    Another story on no legal basis for foreclosures

    Key point. Massachusetts is a recourse state so you can be sued From the decision “To accept the plaintiffs’ arguments is to allow them to take someone’s home without any demonstrable right to do so, based upon the assumption that they ultimately will be able to show that they...
  11. M

    Another story on no legal basis for foreclosures

    The banks which foreclosed were not the legally recorded mortgage holders when they foreclosed. This doesn’t seem that difficult to me. You have to be the recorded mortgage holder in order to foreclose. If you aren’t you can’t legally foreclose. The judge has it right. If they want...
  12. M

    Another story on no legal basis for foreclosures

    http://tinyurl.com/yzfj3rl A Massachusetts Land Court justice's ruling today puts into question the ownership of hundreds -- and possibly thousands -- of foreclosed properties in the state.
  13. M

    US Citizens Starting To Rebel Against Wall Street

    You do know that they get 2 to 2.5% of everything you charge don't you. I probably charge $30 - 40k a year and pay it off each month. Occasionally the credit card tries to charge me a fee and when I call to get it taken off, the front line folks who work at the credit card don’t understand...
  14. M

    Boycott of BP over release of mass murderer

    Im not claiming it nor do I have a source but it is being called for. See http://www.boycottscotland.com/ I am inclined to boycott though. Who knows their stock may go up with some nice deals from the Libyans.
  15. M

    Boycott of BP over release of mass murderer

    There are calls for the US boycott of BP as a result of their alleged influence in getting the Lockerbie mass murder released from a Scottish jail to return to Libya to a hero’s welcome. Will it matter? Will you take part?
  16. M

    Why is no one talking about the S&P500 P/E ratio?

    http://tinyurl.com/ngslvc S&P 500 P/E Ratio Nearly Doubles A P/E ratio rising from 10 to 18.35 is what happens when the S&P 500 rallies 50% (the P) while earnings (E) continue to decline. Below we provide a chart of the S&P 500 price to earnings ratio since the start of the 2002 bull...
  17. M

    H1N1 Black Swan? CDC Says 40% in US May Contract H1N1; Hundreds of Thousands May Die

    Most of the world thinks the CIA created AIDS. AIDS has since been traced back to the 30s but that didn't change peoples minds.
  18. M

    H1N1 Black Swan? CDC Says 40% in US May Contract H1N1; Hundreds of Thousands May Die

    The UK is in a near panic — 110,000 new swine flu cases in England last week, based on data from GPs — 150,000 people obtaining Tamiflu without seeing a GP since last Thursday — 51% to 53% proportion of children reporting side-effects from taking Tamiflu — 1 in 158 people...
  19. M

    End of production for F-22 fighter

    True, we can look forward to those coming off the line in 2036
  20. M

    End of production for F-22 fighter

    We may regret this with the 2021 war in China. While fighting the current war you still have to worry about the next one too. :mad:
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