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Do a search on ET, there are tons of threads on it.

No, but the CL will trade at 65 by the end of March before rebounding--Geithner told me.

Under our fractional reserve system the money supply is equal to debt. To increase money in the system more debt has to be issued. To allow for interest to be paid on the debt (back to the bankers), the debt issued every year has to be equal to the principle issued plus interest, otherwise the...

The dollar will become a safe haven again driving gold and the stock indexes down. Could take a couple months but the arabs put another knife in the financial markets' back and she's losing blood at an accelerated rate. When short to mid-term interest rates start rising again, against the will...

Has anybody found information on the average non-performing loans in the U.S. or for particular states? Talking to my banker the WA state average is 9%, which is huge, and with 11 to 1 leverage makes the impact of these potentially defaulting loans devastating to the banking industry. I can't...

Good excuse for me to get an Iphone now.

The futures are attempting to take out the days' lows anytime now. Should be a good gap fill in the morning and the start of the next short term leg down.

America still is the biggest manufacturer in the world...just more efficient. http://www.plantengineering.com/article/278861-Outside_Detroit_U_S_manufacturing_shows_its_muscle.php ...Analysts quoted by Reuters said while manufacturing as a percentage of GDP is down, as is overall...

As for the supermarkets not lowering prices they rarely do on some products. I'm with a company that supplies fresh produce and vegetables directly to supermarkets around the world. We've fought with retailers for years to lower prices relative to what they pay for our product (to increase...

Obama's PPT team's days are getting shorter with the tougher treasury auctions, but maybe they just print money to fund this operation? I closed my short futures position and will get back in after the run-up at the close.

The VIX looks like it is bottoming out as well, so I'm loading up for the short side.

Good thread. Taking the "Devil's Advocate" side, who's to say the government is in control of the longer term treasury yields? Couldn't this be the market working to offset credit and inflation risk by demanding a higher yield on the longer maturity treasuries? And also the never ending...

Evolution is bunk. Where did "matter" come from--did it materialize from nothing? It's much easier to explain that matter was created by an intelligent being outside of the physical world, than to start a theory on step #2 and assume humans evolved from primeval soup. Where did the primeval...

Where do your revenues come from--government? I can't imagine competition allowing a business to survive in the private sector with such low productivity per person? Now if your government, with no competition, I fully understand.

Bond yields are only going to go higher as people bail out of Treasuries. The U.S. isn't invincible and needs to be taken to the woodshed for purposely destroying the dollar to save her lavish lifestyle. If everyone would stop buying treasuries the government would be forced to stop...

Pure bunk. The free market system would've been much more restrictive without fannie and freddie, the two drunken sailors backed by their rich uncle; so to say the free market caused this is baloney. It's the democratic party that wants everything fair and equal, thus the lower down payments...

A weak dollar will cause everything imported or priced in dollars to become more expensive, like oil and gold. Houses and high ticket items will still deflate though, along with any asset currently on U.S. soil, so we'll have the worst of both worlds. Eventually high energy costs will drive up...

Obama & the PPT will not allow that. They still have a good 50 billion of buying power left for propping and the banks aren't done recapitalizing yet. The good thing is the government is having a hard time raising funds to pay for their stupid ideas, so at least the end is in site. I predict...

I believe he's being facetious...

Here Here! Down with the unions! Down with socialism, and anything else from Detroit...