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    Credit Card Companies Plan On Punishing Cutomers Who Don't Carry Balances

    Indexer is right about the cash payer getting punished. They pay the same at the cashier, but don't get the benefits the card offers like cash back, extended warranty, convenience, etc. In all fairness, the store should add whatever fee your card imposes to YOUR total, rather than average it...
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    What Good Are Economists Anyway??

    "If all the economists in the world were laid end to end, it wouldn't be a bad thing.” - Peter Lynch
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    Who REALLY Caused The Financial Meltdown... and who tried to stop it

    Neither republicans or democrats had the political will to do anything about this. The republicans would never stand in the way of the massive profits of the financial sector, and the dems would never interfere with the lower-middle classes improving their standard of living. You can try to...
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    Is there a "other side" to this AIG bonus fiasco?

    I saw an article that favored paying the bonuses so the employees wouldn't leave, because they would then go trade against the crappy AIG positions that they helped build. That would be the sugar sprinkles on the frosting on the cake. Those asswipes making it on the backside too...
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    Jokes 2

    A guy went into the drug store to buy some condoms. The clerk said, "that will be $4.95 plus tax." Guy said, "TAX, I thought the things stayed on by themselves!!!"
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    Ethernet hard drives?

    Yes, I do share folders and it works fine. I wondered if it might be more efficient to consolidate it all, though, in a 1.5TB (or so) drive. (thus my question) I have a few 500GB USB drives and several smaller old drives connected to the desktop that the notebooks can access. and NO it...
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    Ethernet hard drives?

    I have been thinking about getting a network hard drive to store all my junk, so that my three home computers can share it equally. (for example, now if I download a song on one computer, I don't have it on the others and have to transfer it.) Looking around a bit, it seems like they are...
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    Wash trade caught by IB

    The hard part is going to deciding which Obama cabinet post you want to take. In addition, you are now qualified to head the SEC or the FTC. If there are any negative legal consequences, it is because you didn't cheat for a large enough amount. Try over half-billion next time, and there...
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    The Next Big Thing

    It is just that a SUB ground state would be so absolutely incredible, it is very hard to believe. It is not something along the lines of mixing chemicals to create a novel reaction. It is a MUCH bigger deal.
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    The Next Big Thing

    I didn't read the Caltech patent, but it appears that it relates to the Casmir effect, which is kosher with quantum theory. But wtfdik. I know enough to know that there are a lot of non-intuitive results in physics. It is just that more often, it is "Bernie Madoff" principles at work when...
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    The Next Big Thing

    For this to be valid, there would need a sub-ground state for the hydrogen atom, and every swinging dick physicist would have had to miss it. It's like saying you found the holy grail to market trading using a 31 day moving average. Hmm, nobody has tried that, huh? sounds too good to be...
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    Film, Porn Shoots Sought by Los Angeles Homeowners Hit by Slump

    That sounds like BS. EDIT: this from the IRS site http://www.irs.gov/taxtopics/tc415.html
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    Why don't Americans save?

    I say "amen" to the lower college costs. I am now saving for my daughters college education. (I have abandoned my previous strategy)
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    Why don't Americans save?

    My good friend and I went to college together 20 years ago. In high school, he worked his butt off and saved a lot of money. I worked as little as possible and blew most of my money on junk. (I am not proud of this, just stating the facts) When we paid for college, they took all of our...
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    A lot of people on EliteTrader will beat the market… here is why

    I think it is an important question and anyone who trades should give it serious consideration. If the "edge" is a fallacy and prices are truly random, it is a bad bet to think you will succeed. Just like playing the slot machines there would be no possible strategy that could make the...
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    **warning: Internet Explorer Has A Flaw - Hackers Can Steal Your Ib Password

    If you install downloadhelper you can save youtube videos to your hard drive. many other cool add-on's, too
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    Went To The Mall Today

    On "free dumping" day at the county landfill, there was a line literally a mile and a half long. I turned around and went home. It only costs four bucks to dump a regular load and you don't have to wait at all, but people will wait in line for hours if they can get it "free". People are...
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    Went To The Mall Today

    Boise, ID mall PACKED on Sunday afternoon a couple weeks ago. Costco packed, people buying all kinds of stuff, not just food.
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    Federal Reserve spends 1.8T on something called the ABCPMMMFLF

    Reading this was the first time I got a sick feeling in my stomach about this $hit$torm. My intellect made peace with it a while ago, but for some reason, now of all times, I felt it. These companies are just not going to be able to pay this much money back. Plain and simple.
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    Not Deflation...

    I think that statement is key. The question is how it manifests itself. It could be lower consumption due to evaporation of credit, with prices remaining constant or declining. Could be lower consumption due to rising prices as a result of gov intervention. I think we will see lower...
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