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"that wealth does not solve all your problems..." Maybe not, but you can delegate them to other experts that can worry about and work on them for you while you do more interesting activities. Ex - has been Spurt - a drip under pressure

I have been watching this movement with interest. It is strange how this movement appeared out of nowhere when Obama started running for president. Perhaps it is meant to counter the tea party and bolster democratic confidence. There appears to be big union support in organizing and running...

"it is useful to publicize the outcomes of people who go this route so others dont make the same mistake in the future." So free thinking is to post one result and represent a conclusion from that. If that is indeed what your are doing, then I guess we can now rewrite the statistical handbook...

How about the loan sharks? They make a great spread and are superb at risk managment? I don't think they get government bailouts either.

Are you telling me he managed to avoid paying his fair share of taxes again by using the capital loss loophole! His secretary is likely to be really mad about this.

In my view, it is extremely egotistical and selfish to criticize any person fighting to save his/her own life. Thinking through the options, Steve made his choice and fought his own fight. Kudos for him and others trying to innovate and successfully resolve such serious illnesses. One secret...

There is a great article in vanity fair about the problem we all face. It is called "California and Bust" It is also being discussed here under a thread "Michael Lewis Article on Public Pensions". I think it gets to the heart of our system. It is a long article but the quotes I like are...

Every time you make a profit, send me the money! Then you can trade without feeling like you have a cushion. We will both feel better. You need to review why you are trading, what money represents to you at a base level and why you fear success etc. (There are many other questions along that...

"I just wonder if anyone else (i.e. discretionary position traders or swing trader) is somewhat frustrated, or see these markets as great opportunities." My vote as a discretionary position trader (as my personal natural bent) and day trader (as my stretch target) is that I see these markets...

Kudos to you for having the courage to face the music and take appropriate action. Options trading is a very tough game to win. There are likely many reading your post that probably should quit but don't have your courage. That decision will eventually lead you to somewhere else where your...

A related thread entitled "Can someone explain this to me" is at http://www.elitetrader.com/vb/showthread.php?s=&postid=3309633#post3309633 Who will pay the bills for those who produce little and want everything for free?

Nothing is wrong, this is how reality works. Everything in this world has a cost and a benefit in our monetary system. The bill for socialism and liberalism (or socialism lite as I call it) is due here and now. Government doesn't produce any market product to sell and it's "services" are...

Capitalism has a feedback loop to reality in the market system. It can be vicious, similar to "survival of the fittest". If we are the lion, then we like it, if we are the mouse, then maybe not so much. In successive downturns, it tend to monopoly or oligopoly which destroys its efficiency...

"Also check the constitution, wer'e a rep Republic, not a democracy[mob rule]." I had to research the difference between republic and democracy ( http://thisnation.com/question/011.html and http://lexrex.com/enlightened/AmericanIdeal/aspects/demrep.html) however I learned something. Hopefully...

Apologies to everyone. I am cruising the Mediterranean Sea for 10 days. I will posts reply when I get back from vacation. Thanks for the nice comments.

I think that competition is a force that brings markets and society back to the mean. If there is no advantage to be had, then there is no reason to discover something to counter the trend. When things settle competition is no longer needed because the change is now a commodity item and becomes...

"I believe you look towards technological determinism which is a key driver in today society." I agree with you here since this also has not yet been legislated or yet been able to be controlled so that it confers temporary advantage that leads to rapid and intense competition. Hence this is...

"Your statements are slightly contradictory. How can union have too much power if corporations have too much power?" The world is dynamic so many parts can have too much power in my view at the same time. My comment says that reversion to the mean is sustainable in the very long run and...

What happened to the money? You already know. Much of it was wasted and some of it was used for "services". It went into the real estates in Washington, lawyers, bureaucratic pensions, lobbyist's pockets, transfer payments, handouts to big corporations, advertising etc. It has always...

Another article http://www.zerohedge.com/news/guest-post-marx-labors-dwindling-share-economy-and-crisis-advanced-capitalism Inflation seems to be rampant based on shrinking food packaging sizes and the cost of gasoline. Perhaps some world countries should merge and layoff government...