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Bernanke lost my vote after, live on CSPAN, he laughed at everyone in America whose primary investment is in their home, saying that such 'typical Americans' deserve to be hurt financially unless they diversify globally. What an asshole. Alot of people break their bodies to pay for their home...

They're going to do whatever they want, they're not asking the payers. Why are payers under the illusion that government listens to the payers?

Yeah! Early 80s! Beats rap anyday.

Honest question: What would be wrong with forcing banks to eliminate reserve ratios... forcing them to loan out only what they have? By real money, yes I mean hard valued instruments instead of paper phoney money based upon leverage and debt, but that is not the heart of this question...

I despise the system of credit. Even my credit cards have a positive balance, in case of emergencies. I HATE DEBT! That's why I worked my ass off after buying a home to pay off the mortgage ASAP. DEBT SUCKS! Who likes waking up to debt?

I agree they got drunk, but I disagree on the hangover. Their proposed 'bailout' indicates to me they are still drunk!

35-50 million per year wouldn't pay for health care for children in one state, let alone the country. Five trillion per year is the price tag for nationalized health care for children, do the math based upon real dollars. You pay for it, I won't. I have to pay for my own family's insurance on...

Agreed. Dow 7,000 awaits.

Your logic is good, but your specifics are flawed. The Fed and Treasury have bailed out banks before, to what end? Debt to the taxpayers. The Fed and Treasury now propose trillions to bail out more banks, to what end? More debt to the taxpayers. Look up the words axiomatic and exponential...

I see no evidence that those in power and money want to see this country recover from a depression. I am simply being logical. The steps taken currently, and those proposed, to "soften" the fall, have all failed in the past to do anything but dig a deeper hole from which to crawl at some point...

Size matters. :)

Damn, that's worth repeating.

The problem, in fact, has no monetary solution, because the bleeding is never stopped. The money can flow in the quadrillions and the bleeding will continue because they do not FIX THE PROBLEM.

$7 billion is a large percentage of his change. He is betting Goldman will recover and prosper.

I disagree. Allowing the market to correct and take out businesses and industries that are not healthy the way they are right now is just common sense, and fits the economic cycle very well. The shedding of the weak makes room for the strong, and elimination of losers makes room for new winners...

Yes, but there is no secret that Russia (not Muslims) will be the strength behind the coming (and doomed to fail) attack against Israel.

You made a profit and you're complaining that your winner didn't turn into a loser?

Glad I don't need subjective S/R lines...

The news that was dropped from that article was the subsequent rise in prostitution among the homeless... an occupation old but reliable!

Yes, I did. Sort of. Trading gets boring when systems work as expected. You miss the challenge. So, I am constantly tinkering and backtesting with new ideas. When I get one that looks more promising than my current system set, I wait for such an opportunity as price action change, like the...