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    Ludwig Von Mises

    Don't need to do that. First of all, the US is the holder of the reserve currency, and needs to increase the supply by at least as much as the global economy increases just to keep prices worldwide even. You need to go further than that to deliver any sort of stimulus to the US economy. This...
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    Ludwig Von Mises

    Really? Spain has less debt than the UK. The gov't was running a surplus before the crisis, and is only running a deficit now because of it. Where's the evidence of their prolific spending? They're in crisis because they ceded sovereignty over their money. If they leave the eurozone tomorrow...
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    Ludwig Von Mises

    Now, if this is actually going to be about Mises, then you have to bring Europe in, not just what the Fed is doing here in the US. Europe is all about austerity, and would probably (I'm guessing here, as my opinion of Mises is somewhere between zero and a negative number) earn much higher marks...
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    Ludwig Von Mises

    Big swing up starting sometime soon that will be the last part of this bull, then big swing down after a few years (the aftershock), flat for a while after that, and then the kind of more normal cycle we had in the fifties and sixties. In volatility terms, lots of it for the next few years, then...
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    Ludwig Von Mises

    The Big One, for our generation, happened in 2008. What we have now is a ton of disbelief that that's over with for now, for us. Minsky wrote, and I believe he was the correct one, that each cycle lasts a little longer and ends with a bigger crash. Looking back since 1982, 1990 lasted a bit, and...
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    hundreds of thousands being hired for the holiday season!

    The employment number will move only if the number of people hired is greater than the seasonal adjustment. Kind of basic.
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    cruise missile direct hit on romney

    Other races are starting to fall apart for the GOP as well. I haven't seen much comment on this, but as Romney collapses, the effects are going to be felt down the line in a lot of races. 9/26 Arizona Leans GOP »»» Toss Up 48* 9 43 9/20 Nevada Leans...
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    Has ET reached the Tipping Point?

    What he said, 'cept I'm a relative baby compared to him. Also, I don't think I've ever even thought about the complain button, I just put the ones I don't like on ignore. You always have to pick through knee-deep - or even neck-deep - crap to find the good stuff. But if you're in the market...
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    natgas vs ung

    http://commodityhq.com/2012/seven-etfs-to-ride-the-natral-gas-rally/ UNL or GASZ. UNL's probably better if you consider yourself a beginner. It's up today, btw.
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    Romney campaign gave bonuses to top staff

    Oh I dunno, keeping Obamacare, Medicare, Social Security. Little things like that. The stuff those folks who were booing Ryan want to keep. Also, a sane foreign and economic policy. Obama's far from perfect, but some of us do remember the small economic and foreign policy disasters left by the...
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    Romney campaign gave bonuses to top staff

    The last one answered it succinctly: since the convention, Obama's been on a tear and Romney's been lurching from disaster to disaster. Read Fear and Loathing on the Campaign Trail '72, the part about Muskie. I have a feeling that's what we're seeing here.
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    Why Obama is winning

    Dept of Crap You Can't Make Up: They're getting bonuses, though. :p
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    WARNING: Market about to CRASH!

    Sent this to my brother, and he just called me up and said the same thing. Then he said, "You know, I can find out if it's true." He works for a big company that caters to vets and has a lot of vets working for it, so he figures he could probably find someone who knows someone who...
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    Best Santelli Rant in a while..

    I know that feeling well...
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    Rank ET's P&R posters on the political spectrum

    Another Mary Matalin/Jim Carville thing? I don't think that's bad; means there's hope.
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    Rank ET's P&R posters on the political spectrum

    Ya gotta wonder about these propaganda-addled righties. The point, fellas, is that the gov't is a force of equal power vs the big corporations, that can force them to do things for the people, since one man one vote forces the politicians to actually have to listen to the po' folk every once...
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    Romney is finished, he blew it, he is an idiot of epic proportions

    Virginia's amusing. Look at Rasmussen; they were finally, in their last poll, forced to squeeze out a single point advantage to Obama. Must've killed em.
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    Are we headed for a much larger market crash than 08

    Kay: Did he say anything to you? James Edwards: Yeah, that the world is coming to an end. Kay: Did he say when? Without a timeframe, who cares?
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