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Other countries have offered the US aid. During Katrina, Greece offered the US 2 cruise ships for free to house the homeless. But no, from what I remember, the aid was rejected, and instead, the US government contracted with Carnival Cruise. The contract was for $236 million. The cost...

You really think this was Obama's idea? You think that it was Bush's idea to kiss and hold hands with the Saudi King? Like I said in my earlier post in this thread - it's not 1955. But I also have another theory. A President or Sec State's moves and words are closely watched by all...

Yeah, like the way the UK sold gold at the low? I think we in the industrialized west, especially the US, are running out of ammo. Just look at our unfunded entitlement obligations, the military costs of wars, and the ever growing interest rate servicing of the national debt. The printing...

Unless you are 1000% percent sure the tide is turning, I agree, wait for momentum on big changes, sometimes it's better to lose out on some of the early big gains, rather than take and drag out actual losses. Most of us here don't have the rolodex that a Soros or Buffett has, our information...

Well said. But hey, somebody has to pick up the trash and mop the floors. Ever been in a big city when the trash worker's union is on strike? Not a good sight. Or smell.

I agree. But I will be more balanced and say that it's not 100% about the elites. Maybe 95%. :D We do rely more on other nations now - power is being dispersed. We don't have the power we had during the cold war, or even just after the collapse of the USSR. It's a different world now.

I am not thrilled at this either, but for everyone that is outraged at this photo, or at Bush's "respect" of the Saudi royal family: It's not 1955. We are no longer the world's largest producer and exporter of oil. We are no longer the world's largest creditor nation either. We import...

It's all relative. My father is semi-retired, and still works at 79 and is self-employed. And then you have to define "work." This is work: And so is this: Most of us are somewhere in between of course... :D

I doubt an "alchemist" will be able to commercially create gold anytime soon. If ever. As for the opening up of more mines- mankind has been mining gold for millenia. The earth is finite, you know. And as it gets tougher to find gold, it also gets more expensive. I believe that we are...

Whereas printing money is infinite - gold is a finite resource that is increasingly more difficult to find in the quantities it was found in the past. I don't think people are aware of the huge seismic shift that is taking place with the assimiliation of over 2 billion people into the global...

What does sex between two consenting adults have to do with Business ethics? How does that make Spitzer less of an authority on business ethics? Are people here anti-sex?

The economy has already derailed. Question is - when do we take our medicine - today or tomorrow? Which is likely to be worse - taking medicine today, or holding off and taking it tomorrow?

Debaser, I read that article too... kinda unsettling. Though no one can really put an accurate date on when oil peaks, it's beginning to seem that we are much nearer than previously thought. I will add that a string of major finds can change the scenario drastically. The only ones I see...

I agree about religion- Catholicism in Africa is one of the fastest growing religions the past 100 years. Poor populations are also undeducated so they fall for a lot of the crap in religion - like birth control. The Catholic church may feed a lot of people in Africa, but it's role...

How about this - Next time an overpopulated area of the world needs food aid - and I'm talking about the areas that frequently need this - the repeat offenders. No food aid until everyone that already has a kid gets "fixed." Vasectomies and tubes tied - that kind of thing. No more...

I'm a pessimist as well... or maybe a realist? I guess it's all relative. Anyway.... I held back on what you said - I agree with your points, but unlike you, I didn't want to scare the children! :D :( :D And by the way - Scataphagos is right - debasing the currency is the tactic used...

What's funny is that you guys think the speaker is nuts. Most of what he said is true - the numbers don't add up. Especially in regards to trade, global wage arbitrage, future gov't obligations. The "NWO" stuff"? You guys think that's where he lost his credibility - my view is that he's an...

The US elites designed that system just after WWII. The free rider issue, though I believe it's not as significant as you do, does not affect our elites. They are the first to make money from wars, defending Europe, maintaining exorbitant defense budgets, etc... The bottom 99% is...

Hey, I'm no fan of war, but let's be objective about it. Without our war spending, hundreds of thousands of jobs would be gone, many technologies would not exist, we'd have more people to employ if they were not active military, resources especially oil would be very expensive, there is an...

The outlier is not high unemployment. The outlier is the astronomical amount of debt incurred by gov't - fed, state and local, individuals, and corporations. That debt these past 30 years fueled the consumption that fueled the job growth - in both consumption based industries and debt...