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Read that Hazlitt pdf....seriously. Your nom de plume might be Oldtimer, but I really am an oldtimer, and this book helped me see the light when I was first starting out, and I suspect that it wouldn't hurt you or anyone for that matter.

Cutting tax rates is good, eliminating taxes is better. Strongly reducing government spending is also good, as government spending never creates wealth, it just shifts money from one pocket to the other. In fact, while I'm on government spending, here's a youtube about Sandy Springs, Ga, the...

Well, if you read Hazlitt, you'd see why your thinking is flawed and that you're buying into a common fallacy. But then again, it really doesn't matter. Your main fault in reasoning is that you think that by raising the wages of some, that will increase demand because of the extra money around...

Oldtime, why not just raise the minimum wage to $50/hour so everybody has $2K a week to spend? Hey, why not just print money so nobody has to work at all, just pay us all $100K-1mm whatever....we'll live off of that. You ought to read Hazlitt's "Economics in One Lesson" to correct all the...

But Oldtime, is being forced to have a job at the point of a gun really working? Is being drafter being employed? Sure, one can consider WWII to be a giant public works project with full employment, but what could the workers buy with their money? Everything was rationed were no new cars...

To think that a stimulus will create jobs, fix the economy, or whatever is to also believe in Bastiat's Broken Window Fallacy. http://en.wikipedia.org/wiki/Parable_of_the_broken_window If one believes in stimulus, then the best way to stimulate would be to hire all of the inner city...

When you were a little child and your mother took you to the doctor, did you ever hear the term hydrocephalic or crack baby discussed in hushed tones?

You'll never do well as a speculator as you missed the gestalt of what I was saying and cannot see the forest for the trees. Maybe you ought to go back to real estate. I'm not angry at all, I just hate bullshit, and you're a bullshitter, pure and simple. Finally, I get plenty out of life, and...

Nah don't worry about it. There's just a too many bullshitters out there like yourself, the boards have enough bullshit, and we don't need ill informed poseurs like you muddying the waters with garbage and disinformation. You've been caught, outed, and will hopefully move on.

Actually communism doesn't look great in theory, and I'm surprised that Hayman, a self described PhD in economics would even make a contention like this.

I would like to see an instance where a government jobs bill actually reduced unemployment.

Furthermore Hayman, you're full of bullshit as I looked up your bio and here's what you said. Started Day Trading in 2002 after a lengthy IT career. Location Long Island, NY Interests Trading, sports, sports coaching, computing Occupation Emini Day Trader/Real Estate Agent Never...

Here's a good start for you to learn economics where your doctorate left off. Here's a pdf copy of Hazlitt's excellent "Economics in One Lesson." This should help you. http://www.fee.org/pdf/books/Economics_in_one_lesson.pdf

Sure you have a doctorate in economics, and nobody ever lies on Elite. All my friends with PhD's in economics say that they have doctorates....Not! When asked, they say that they have PhD's, not doctorates... Sometimes the semantics will give you away.

I suggest that you learn some economics before embarrassing yourself further on this board.

Being logical and disciplined about money is what separates the professionals from the amateurs.

I agree with Bone that there is so much proprietary stuff out there that he does and that I do that I would never enlighten anyone as to my exact methods. While many technicals can be used, don't overlook the fundamentals, like what happened with the CN/WN spread this year. Also, in the ags, the...

Wheat and corn spreads have been a big part of this person's life for 35 years and it is the spreaders who have the career longevity, not the scalpers. The ag spreads are beautiful.

Perhaps if you wouldn't be so busy making over 7000 posts here, you could see the forest for the trees.

Everything you read on the internet is true. Why, here's a site on the internet that has videos of aliens landing in Ottawa. http://www.alienvideo.net/videos.php Video trumps the spoken word, so this must be true.