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Those were 50k illegals :D

If you want to be taken seriously, you might want to actually know the distinction between a liberal and a communist. In fact, during the Soviet revolution, the russian liberals opposed fiercely the communists and were ones of the first to sound the alarm bells. They were both however, political...

The laws of free trade are not compatible with nation states. While building the bridge in China is cheaper, all it does is send money to the chinese workers and chinese government. Depending on what company built it, sending money to the chinese company too. In simple terms, the US trade...

I actually think that democracy can exist forever, it's the dictatorship that's always temporary. See, in a dictatorship you always have a large number of people that are unhappy. They are repressed of course, but they remain unhappy. One way or another, they always get a change of regime. This...

Well it is interesting that the WSJ would print Gross's opinion that once "business confidence" will come back, there won't be a torrent of economic activity. But the story is kind of empty and also goes back to the other popular idea today, that Americans are just uneducated and that's why...

I don't see how margin requirements are like price controls. Price controls cap the price of something, granted. Margin requirements kick certain people out of the market who cannot pony up the cash, but it doesn't kick everyone out. Say a fund calculates silver is now underpriced by 25%...

I always got the idea that engineers don't make good traders? Everything must be explained to them, everything is by the book.

It's a really great documentary. Very sad that it received limited release, it obviously had appeal. I wonder why... It explains the financial crisis and why banks failed very well in deep detail, it keeps it simple to understand but will probably teach you a few things. It's also going to...

Since we are on Elitetrade and not on the Yahoo message boards, why not add some depth to this discussion? Do I believe that the Fed is casing inflation in commodities? Absolutely. But it's also true that this year we've had some terrible droughts in parts of the world and there is a general...

Considering they are without makeup, they look pretty good.. And their figure is very good too.

Isn't there a lot of politics in all of this? The Germans are opposed to the policy the other EU countries want.

Id trek around Uranus. I never heard of Mimas before today, and it looks just like a death star! Here's another interesting satellite, Iapetus. It looks like a walnut and has a very distinct and interesting color pattern. http://en.wikipedia.org/wiki/Iapetus_%28moon%29

Weak sauce regulation tends to do that. But most people think the bill was a success!

That must certainly be more expensive than any mine on earth. Still, cool, I guess.. I would favor establishing permanent colonies in space instead of just exploiting it.

Pilot-less airplanes? They still have subways that use drivers.

HFT hardly provide liquidity, they provide volume. They also cancel their orders a lot, funny because liquid means hitting the bid and catching something!

Heh, good point! I never thought that the IBs were a 3rd market for block trades who would then split them up and sell them on the public exchange.

Not many people get over $350k a year. In fact, 1 in 100 do! Not even some doctors get that much, it's pretty exclusive company. It's a scary post, like how it says that the income of the bottom 90% fell that year! I saw a video of a couple that tried running a coffee shop in NY, only to...

I found it funny that two of the people who wrote this article are indians who probably have a networth equal to the value of a Tata Nano. What you see is aspiring social climbers willing to sacrifice everything and whore themselves to the "plutonomy" to get a small piece of the pie.

140 IQ, wow! Would you mind also telling us what the size of your dick is, you know, since you like to brag so much? And about being a scientist, aren't most scientists "leftists", how do you get along with your colleagues? And where's all that money you paid in taxes from? Something really...