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    California to default next week!

    Yes, yes. The public County Library where I live is housed in the same building with several "social services" agencies. The building has several doors. Library patrons used to be able to enter by the social services area. As you walked through, it was amazing to look in all the varous...
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    Obama Economic Advisor: No Jobs if you are white!

    Social spending in the U.S. since the 1960's is way up in the $$ trillions. Loads of folks make their whole career pumping, and taking their cut. Where's the news?
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    Sounds like good sense. I know some folks in NY. One guy used to work at S&P, now he's a contractor. My sister used to work at JPM, now she works at AIG. Folks are working, but a lot of "musical chairs" stuff, just trying to anticipate where the next job is when the music stops again. I...
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    "Regulations should be kept to a minimum" - Soros

    No, the first guy is correct. - C- students at best, who majored in "looking out the window." they are bureaucrat regulators because they don't have to know anything, or do anything. Ever heard Congresswoman Maxine Waters on TV? I think she sits on House Banking Committee. Do you think she could...
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    Obama to nationalize GE?

    Could be, with Jeffy "knee-pads" Immelt who has no clue. And GE owns NBC and CNBC. The average guy has no chance.
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    Attempt to smuggle 134 billion in US bonds in a suitcase?

    Fully bearer bonds (Principle and interest) have been illegal in the U.S. since about... 1986. This was enacted to stop money laundering. All bonds issued (or re-registered) in the past 20+ years in the U.S. have at least registered interest payments (and most are registered principle). So...
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    Why nobody speaks about banks' phony accounting?

    Last I heard, U.S. banks are heavily regulated by the Federal Gummit. If you don't like what's going on with the banks, quit your bellyaching. Just follow the money.
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    Comparing the Great Depression to today

    Yes, in fact I would think that the commerce part of our economy is quite strong. That is probably due to technological advances plus relatively stable governments around the world. The component which is unstable is the activist government (in the U.S. at least). This is not just an Obama...
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    Comparing the Great Depression to today

    In 1929 and into the 1930's the world was a powder keg of various military challenges from balkanazed nations. What international company (e.g. WMT or MSFT) would ever contemplate opening new international operations without guarantee of law and order. Folks talk about Trade Protectionism by...
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    Comparing the Great Depression to today

    Thoughts? Similarities? Differences? [/B] Oh, yeah, the Reg T was 10% in those days, now it is 50%. A little difference there. My mother (deceased 20 years) told me that when she was a kid, grown men would knock on the back door of her mother's house (an early widow). This was in the...
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    Is full capitalism sustainable?

    The only reason he is president is because full capitalism provided sufficient luxury (machines) that we could have someone completely unqualified as him to be President. If the U.S. were a socialist country for the past 200 years could not afford such a silly gamble.
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    Where is growth going to come from...

    Growth only means here's a better way of doing it: better television, new car you need to get, new biomedical breakthrough that you can't do without. So there is always improvisation, improvements. What is unsaid about 1930's is that half the world was a powder keg. Who would want to...
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    Muni bonds selling a full 100 bps above 5 year treasuries

    The "reporters" on CNBC are almost completely useless. They say the bond portfolios are 1/2 billion, and traded higher than taxables. Well, what were the Moody/S&P credit ratings, or were they not rated at all? What were the denominations? Could you sell me $5000. or do I need to buy...
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    Wireless Router

    http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9002706
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    Wireless Router

    I usually trade from my desktop with a cabled DSL connection. I have been thinking of getting a Dell notebook for downstairs, wireless for more flexibility. I have heard there are security issues (intercepting account credentials) with wireless. I live in a fairly rural area. The road is...
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    CNBC's Charlie Gasparino

    I was watching that a month or so ago. The woman talking (Melissa somebody) actually introduced retired U.S. Sec'y of State as Allen Haig. I guess Melissa had cheerleader practice that day. Hmm... If CNBC is reading this thread, you can definitely boost ratings by doing something new with the...
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    When Can I Short Google??

    Wow! that's amazing. Good find! I had to compare goog insiders to MSFT, AAPL, ORCL. What a difference. Everybody at goog is out (largest insider has 30K? shares). Go look at Gates (he still has almost 1B shares). Ellison, Jobs - all still long. BTW, I have a side bus as a web designer. I...
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    Crude Oil Market Analysis

    So what are they going to switch to? Exporting jumbo jets? Maybe take a run at Toyota?
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    U.S. warns of possible Qaeda financial cyber attack

    I used to work at a large multi-national bank (200,000+ employees). All the disaster recovery has long since left the East coast of U.S. I was talking to an in-law recently. He also works for a large financial services (smaller than 200,000 emp.) He told me that all disaster recover will soon...
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