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  1. R

    House Minority Leader, John Baner, calls New Amnesty Bill... "A Piece Of Shit"!

    Look at this clip by Ralph Nader, http://www.youtube.com/watch?v=KR-V6bl41zU It has nothing to do with immigration except that he is the smartest person I've ever listened to. He is brilliant. He says that there are 2 liberties we need to differentiate between, personal liberty and...
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    The stage is getting set for a major move in the FX markets

    The dollar move up could make sense, if we assume currency movements are long trends. As the excellent blog said, a rising dollar will have oil drop and that should encourage central banks to be less hawkish about inflation and drop their rates to bring back growth. This process will feed...
  3. R

    The stage is getting set for a major move in the FX markets

    The dollar strengthening is good for the canadian economy. I have half my savings in USD so that's good too, but it's not like I truly understand the forex markets.
  4. R

    I'm voting for McCain

    Exactly, I don't even know why I wasted coming in the P&R section today, maybe it's the idealist in me. Reading here you'd think you're at AOL or something.
  5. R

    I'm voting for McCain

    Both parties are corrupt so who cares. Just vote Obama because it's amazing to think a republican can win after the last 8 years of republican rule. Quite a feat in PR! Obama will at least bring mild change and new ideas.
  6. R

    futures simulator

    So does Open E Cry.
  7. R

    Recent College Grad+CFA

    Financial analyst and CFA are different career paths.
  8. R

    Alternative Fuels May Be Postponed.... Again????

    I wouldn't agree with Nuclear. The supply of uranium is so small. Also I read that at today's resource costs, it would cost about 2x to build a nuclear plant than even 5 years ago. The nuclear plant will not provide cheap energy. The price of uranium is already very high and any meaningful...
  9. R

    A crude awakening: the oil crash

    .. and the algae suck in the CO2 that will eventually be burned by the oil.
  10. R

    How exactly does the US export inflation?

    I was thinking about this for a while, and I'd like to know the direct relationship between the US dollar and how inflation would rise in other countries. I don't want stuff like "oil is denominated in US dollars" but actual logical analysis. I understand that in a country like Saudi Arabia...
  11. R

    Citigroup's Mysterious 1.1 Trillion Worth of Assets - Amazing

    Same thing happened with CityBank during the 1920s, it had these special investment vehicles where it dabbled in risky products off its books. Hell even Enron did that, what's important is how are these SIVs capitalized? With the company's stock? We sure hope not.
  12. R

    Abolish the Fed: The Man Responsible for Our Crisis & Thomas Jefferson's Warning

    Full reserve banking ? I respect you Cutten, but do you mean like $1 loaned for $1 in the coffers? Quite frankly that would deleverage the economy, and thus lead to a massive depression. I also don't see how a bank can be profitable if it gets 3% a year on a loan. How does it pay...
  13. R

    Abolish the Fed: The Man Responsible for Our Crisis & Thomas Jefferson's Warning

    Abolish the Fed.. and you guys call yourself traders? Or just pikers who like to pretend they're big boys talking of economics? Without the Fed, this credit crisis would have probably wiped out your $5000 brokerage account, be thankful.
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    Only 4 of The Top 55 Legendary Investors Are 'Up' In 2008

    GuruFocus is a pathetic website, this shouldn't even be news. I think that the performance is voluntary information? I checked that website over 1 year ago, almost every of their "gurus" were losing serious money, and we had a bull market.
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    TELOZ freefalling. Still no news.

    thanks stock777, I forgot to put you on my ignore list.
  16. R

    Zimbabwe: billions are rarely used, been replaced by quadrillions - a million billion

    He's also good at delegating: http://www.guardian.co.uk/world/2008/jul/04/zimbabwe1
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    Father of credit analysis dead

    lol
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    What happened? (ES trade)

    Trading the ES with 100 contracts with other people's retirement money? There must be a law against this.
  19. R

    Zimbabwe: billions are rarely used, been replaced by quadrillions - a million billion

    I think their plan B is EBay, just look how many of their notes are on there.
  20. R

    "Strong Dollar"?!

    It's sensible what you wrote but isolationism has never really worked in the long term. With tariffs it's clear there will be less trade with other nations and that will lead to less competitive companies, less technologies. So in time you will look like the soviet union and their totally...
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