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I wouldn't lump global warming with peak oil. Oil is finite, and the countless wars and the toppling of governments is a very real symptom of cheap oil's increasing scarcity. And whereas governments are quick to point out global warming and enact legislation to that effect, those same...

You bring up valid points about the dangers of the politicization of a monetary system. Nonetheless, isn't it also naive to think that such a large and powerful institution has not been captured by other interests already? When I see a cloak of secrecy surrounding a financial institution...

+1 And not only that, but the current audit the fed movement will impact the Fed's behavior in the future. As the saying goes, "don't do anything you wouldn't be caught dead doing." Now the fed will think twice about it's "covert" actions fearing that one day, they may come to light.

How can you be so sure of that? Maybe severe monetary reform ultimately creates a larger middle class and wipes out a lot of the leaches in the top 1%? Doesn't the top 1% own about half the non home wealth in the country? What if by destroying extreme leverage created through the Federal...

"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the...

Hey, I'm no big fan of Ivy's. I graduated from a State school. But let's get real, couldn't Palin stick with one decent state school and graduate on time? Didn't she go to 5 colleges? And graduated in journalism/communications? Please.

Good point. We are just witnessing the uncontrollable evolution of a fiat monetary system.

You actually prefer Palin over Newt?

Obama said that to placate the Chinese. I'm no fan of huge government deficits, but let's be honest with ourselves. The way the monetary system works, the more deficit spending done by government, the more money is in the private sector, the more the economy "grows." If government were to...

My past votes for President are split 50-50 between the two parties. I also voted for Perot in '92. I would prefer an Independent Party similar to Perot in 2012. But that said: Is Palin the best the Republican Party can come up with?

She's a community college school retard that couldn't finish her term as Governor. Yeah, that's what the Republican Party needs.

She's politically unemployed. That makes her irrelevant in the long term. When's the last time someone without a current political job won the presidency? She couldn't even finish her governorship of Alaska! Oh yeah, she finished her term in a moose village in Alaska. Yea, she's...

I am not a perma bull or perma bear. I'm a realist. But yes, I am leaning towards the side of doom these days. I have yet to see anything prove me otherwise. I'll repeat it again: it's a fucking meltdown. We live in a world where we have to somehow all believe that 2+2=25. You know...

Then you must believe we are in a normal business cycle. It's not normal. This is historic, stuff to tell the grandkids about.

Enough of the pissing contest about trading strategies. Gold's rise isn't just a trade like any other, its a symptom of something else, something bigger: We're having a fucking currency meltdown. Get your mind around it now, or wait to see the effects unfold.

The poor may not pay the most, but they lose the most - due to inflation. By the way, your generalization about the poor screaming the loudest is ridiculous. Everyone should be screaming.

nice Kool-Aid

If the real estate market wasn't artificially propped up by the US gov't to the tune of trillions, then maybe Americans would work those jobs. If real estate prices were allowed to fall, then even dishwashers could afford better living arrangements. But no - we can't have that, the banks...

Gold is the best long term invstment for the next 10 years. It's the only thing worth buying and holding if trading makes you nervous. We have a long way to go before the dollar stabilizes. A really long way to go.

In my view - everyone is missing the point. But that's not surprising. We all view the world in an egocentric way. How about this: All diplomatic gestures and speeches are well planned in advance. Bowing before Hirohito's son is a message in itself. FYI - in the 1930's Hirohito...