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    What's this rumor that the Fed will buy $1 trillion in US bonds before midterm elec.

    Printing is to discourage China and OPEC buying US dollar. Once this succeed, dollar will fall and inflation will take care of underwater housing price and unemployment. China just start buying Yen recently. No one wants to be the strong currency and I doubt Japanese will tolerate that...
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    Gold is going to break record highs today

    Also, physical gold get taxed at 28% cap gain. What the hell? Government definitely is hostile towards the alternate of their currency.
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    Rig

    Cramer doesn't like this stock, he recommend WFT instead.
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    Retirement benefits for CA's state employees is growing 3x the rate of revenues??????

    Young vs old private vs public That is another reason why we must have inflation.
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    Idea to get house prices back up and jumpstart our economy..

    How long it takes people to realize that economy is not about consumption, housing market? It is about producing things that we need ourselves, and if we are good at it, we export those products for things we are not good at producing. Asset inflation? It is just a byproduct of your...
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    Perpetual, I spent 100K to go to school and cannot earn income.

    Actually, the women in the picture is not Allison Eastman. This one will likely owe $250k but she is a medical student.
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    In Toledo, the 'Glass City,' New Label: Made in China

    Probably under $200 US per month.
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    The WORST Education Fails Of All Time (PHOTOS)

    What does religion has anything to do with quality of education? If that is the case, religion fanatics will have all the smart people. You can argue private schools do better than public schools but I think that is due to the market force at work.
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    How is my idea of solving housing problem?

    This actually will work somewhat if you limited it to single family housing only. ( IE, no condo, apartment or townhouses. ) By the way, you do lose something. ( Property tax )
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    Intel CEO: U.S. faces looming tech decline

    The problem is : us is not competing with western world for business only.
  11. P

    Is owning a home mostly a bad thing?

    That is a very difficult question to answer. 1) Different people have different ability to generate return of cash. If you are a hot shot trader but not a hot shot RE investor, obviously RE is not the way to go. 2) Location, location, location. RE price is a reflection of local...
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    Aging inmates straining prison systems

    Seriously, I am not 100% sure old folks home is better than a prison. 1) old folk home also lock you down. 2) If your families don't give a damn about you, it is likely you will have more young and capable friend in prison than old folks home.
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    Perpetual, I spent 100K to go to school and cannot earn income.

    Guess what. Whoever believe a "a jack of all trade" and "Master of none" degree is the best BS degree has only themselves to blame.
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    Perpetual, I spent 100K to go to school and cannot earn income.

    Ah yes. Vacation to Mexico and Caribbean, yet has a student loan of $92,000 with an unfinished MBA. Yup, that is the person I want to hire to run my business.
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    Unemployment is nothing more than propping up consumer demand

    Well, that is easy. Give me XXX amount of dollar and I promise (with a signed contract) that I will spend it by a certain date..:) Sign me up.
  16. P

    Programming Jobs in Finance at RenTec

    This is entry level position. Once they are in, they will be looking at 300k+.
  17. P

    Transocean profits from destroyed rig

    insurance companies can always raise rate going forward.
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    Article: "Day Traders: Dumber Than Ever"

    I don't know why people are still pushing buy and hold strategy. Buy and hold is a bullish bet on the market and essentially on the country. If the country's long term growth rate is clearly the same or below inflation rate, what's the point?
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    Shortie Got His Crash!!

    ACN was traded at $0.01 at one point.
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