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Exactly right. Trump is an open book for criticism, but AT THE VERY LEAST he has run a BUSINESS. It's essential for any politician to actually comprehend the very basic concepts of employee/employer, business costs, accounting, etc..It's why the very notion of a career politician makes my...

That's all part of this conquer and divide strategy. The small business, the sole proprietor are left to themselves in this scrap heap, piece of shit economy.

It's not that remarkable to be honest. Go ahead and perform some due diligence and look at what those very same properties sold for in 2000 or 2002. Really, we are just filling in the air pocket that was 2003-07. Considering most of the middle class are in worse financial shape than a decade...

Actually, it's just another nail in the coffin of home ownership. While I don't like most of what James Altucher writes, the piece about the perils of home ownership is pretty much point for point something I strongly agree with. There's always some bought and paid for line of shit in the...

Completely agree. The remarkable level of denial on this site makes my head spin. These guys truly believe that goosing asset markets can solve all our problems. Must be Ben's intended audience.

And even then we won't be able to pay our bills. Sorry, this logic is backwards assed to say the least. By further devaluing, we create more personal (and business) bankruptcies, more strain on local budgets, etc...There isn't enough devaluation to make all of the pensions solvent and/or...

End of Quarter hijinx it appears to me. That rumor about the two macro funds could easily be just a load of disinformation to goose positions into March 31st. Since nobody is ever held accountable for bullshit and unsubstantiated rumors, it's just non-stop speculation about further QE...

I suppose we are all supposed to ignore the fact that prior to the tsunami and nuclear incident, Japan was trading far, far off its peak prices in the late 1980s. It's as if the devestation was going to somehow turnaround the past 20+ years of economic struggle. More of the bullshit pump and...

The over/under that KrazyKarl and Kasszz007 respond within the hour? I've never seen a discussion about the Federal Reserve without Martinghoul, KrazyKarl and Kassz007 showing up to voice their support.

I still have a hard time wrapping my head around people actually buying real estate when we literally have a strategic default nation sitting in properties for years at a time paying not one cent to the banks. All the fucked up title issues, the circle jerk of attorneys stalling foreclosures...

Had the very same thought this morning while watching the news. Wasn't positive that the dates were exact, but I was certain that they were close. The war economy marches on...

Agree entirely. This country has a true "victim mentality" as seen by all of the individuals who are completely dependent upon the generosity of the "state". From the 99ers to these public sector employees who feel forever entitled to carte blanche benefits and pay raises. Olias has proven...

Someone should do some real investigative journalism of a sample of these type of investment scams. The actual mechanics behind transferring the cash around, pulling the money out, filing false tax returns, etc, etc...I'm more than a bit curious about the "enablers" of this type of fraud since...

Comparing 1995 to 2011 is fool's gold. Seriously, how can anyone compare the state of world affairs with 16 years ago.

Well this headline is a bit misleading. First off, I do basically believe that private sector employees who do not have a generous retirement plan probably have very little saved. Secondly, those who do work in the public sector and have a guaranteed defined benefit plan that will pay them a...

Honestly, I think your stance on things is, as they say, "lost in translation". i.e. many, many independents, Libertarians, etc are often mistakenly labelled as advocates for the "other" party simply because they voice their concerns over whatever hot button topic arises that week. The only...

These guys are delusional credit bubble babies. Everything is just another asset reflation bubble away from saving their asses.

Yeah, no shit. AMT posts some interesting info, but his narcissism and need for attention is total bullshit. The thread is about the Nikkei melting down and he's sitting here running off his trades. Not even confined to one post.

Oppresive my ass. You have absolutely ZERO sense of perspective due to your fragile personal predicament. Are you currently enjoying a taxpayer pension for life? Otherwise, I have a hard time believing that anybody in the private sector could cry a river over this sort of thing. The...

Exactly...Enough of this bullshit of throwing the middle class and small business owners under the bus to pay off these extortionists. People have warned them for a long time that their incessant demands and desire to have a perpetual gravy train of legacy benefits would break the system...