Search results

Is it opposite day or week or something? New negative outlook => higher markets and lower yields? That's not what I learned in school!

The man can't be serious! I couldn't come up with a more blatant lie if I tried!!

I completely agree that congress should be held accountable. Congress does indeed make the rules. However, the current congressmen and women inherited a really bad situation. I'll bet that at the start of their careers they wanted to make a real change in a positive way. As they got older and...

Hahahah! I guess they're going to have to settle for a Mercedes!

How small would a gold coin have to be right now in order for it to be worth a dollar? I wouldn't buy into this system. I would lose the coins too easily!!

I agree that our politicians are not taking this matter as seriously as they should. They need less debate, less fantasy, less planning and more doing and solving. Yeah I know, easier said than done. If nobody decides to slow down this death spiral it will just keep going and going. Anybody...

If China is not already panicking after the S&P report and frantically trying to get rid of their dollars, they should start right about now.

If I understand correctly, China is not even a cent in debt? And they are in a position to spend 3 Trillion dollars? I don't know how they did it but Chinese official need to train American officials.

This is old news man! I realized that something like this was happening shortly after leaving college when the sexy english majors (or communications majors, or sociology majors, or art majors) got married to the rich business majors. It makes my blood boil to think that a pretty girl just...

Oh bearice! Stop it! You're depressing me! :) There really is no way the US economy, or the world economy for that matter, is going to crash! We'll just keep taking on debt, and everything will be resolved once and for all and everybody will live happily ever after.

If the majority of people weren't uninformed sheep lacking critical thinking we might be better off than we are right now. The decision-making process is broken. The people don't elect officials on the basis of credentials and work history. They elect them based on their stance toward the...

I hope nobody was hurt!! Crappy cars come with crappy fireproofing. But hey, give a man some fire, keep him warm for a night. Set the man on fire, keep him warm for the rest of his life.

That 45% statistic looks rather large. If it is true, the US is in deep trouble. No taxes = less ability to pay the national debt of biblical proportions. As I read the news, I get an increasingly strong desire to leave the country.

The economic recovery is all smoke and mirrors then. I don't know about all of you but I'm getting kind of scared. All this news about the US debt is making me want to move to Brazil!

Oh the sweet smell of revenge! Microsoft was probably very angry at Eric Schmidt for being a snitch! I prefer Google to Bing to be honest. But I also don't like how Google keeps tarck of everything. IMO Google needs to stop growing lest it reach a point where it becomes a global power. Oh wait...

So you're saying we should become quasi hunter gatherers with genocidal tendencies? Oh and get rid of all the stuff we worked so hard to acquire? That's kind of a tough sell.

Its not going to happen. There are too many rich and influential people who profit from banks to allow anything like this to happen. I'm not super rich and I'm all for this. I'm just saying, good luck convincing the rich!

Is it just me or is this the second domino? 1. S&P negative outlook on US AAA 2. Pimco's Bill Gross bets against US debt 3. S&P gives US BBB rating 4. Investors panic, gold skyrockets 5. etc. The near future just does not look good.

Greece defaults The franc gains against the euro Gold goes up as investors hedge against inflation in the euro US AAA rating drops to BBB, Dollar weakens Gold goes up as investors hedge against inflation in the dollar Libya is still at civil war so Oil gains 7% Did I miss...

I can see a nice Hollywood thriller being made out of this! Its got gambling, its got crime, all you need is a screenwriter to add copious amounts of sex and you have a blockbuster!! It's even got the "based on true events" tagline built in!