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The only reason that AIG's financial products division was able to get away with what it did was because of former Republican Texas Senator, Phil Gramm who spearheaded ( along with some other mid-western Congressman ) the "Commodity Futures Modernization Act of 2000".

You forgot to mention the biggest municipality culprit of ALL . . . PENSIONS!!! Up here in the Bay Area, we have 432 retired county employees making OVER $100,000 per year, with complete medical and dental plans for their entire families. And I'm not talking about one of the "richer"...

If you agree that the market has topped... I think that we started the fifth and final wave 5 of this Wave I sequence down off the 1150 highs . . . after Friday's higher opening, which ended an "a" (1100.22), "b" (1078.46), "c" (1096.44), "d" (1081), "e" (1088) wave iv triangle before breaking...

No teleprompters. No notes. And yet Obama had more tangible knowledge of the issues at hand than the majority of GOP dimwits in attendance. Too funny!

Once again, you PROVE just how much of an idiot you are. It's all about REPUBLICAN Orrin Hatch from UTAH. http://hatch.senate.gov/public/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=56f346ed-1b78-be3e-e09d-5fcd7bca8fcd&Month=7&Year=2009

Same here. I don't go over 1280 x 1024 on my widescreen monitors and stay at 1152 x 854 for my regular profile flat panel monitors.

Be careful Neo. It's not like you to step outside of the "Politics & Religion" forum. You might look even more foolish than you already are on ET. :D

Hochberg and Prechter ought to be sent off to Siberia.

Just unbelievable. And why is it that she had such a difficult time figuring out why there is a North and South Korea? :D

And you've been absolutely CRUSHED playing the short side of equities and commodities given you "perma-bear" views on the US Economy for the last ten months. You are without a doubt, the greatest single CONTRARY sentiment indicator on ET. Keep up the "good" work! :D

Tony Caldero seems to have had a consistently good count on the S&P recently. Much better than Neely or Prechter. In my mind, the first leg "A" was 290 points ( 667-956 ). Add this to the low at 869 and you get 1159. The sharp rise from Nov. 2nd to the 16th is "A" of the final "C" wave...

Republican Lugar Rejects Cheney’s Obama Criticism Viola Gienger Jan. 8 (Bloomberg) Richard Lugar, the top Republican on the Senate Foreign Relations Committee, defended President Barack Obama’s handling of recent terrorism threats, taking issue with former Vice President Dick...

Perhaps you should apply for a job with the TSA. It would probably pay you more than sitting around on Elitetrader all day long and posting stuff that has nothing to do with trading the markets. :p

There are SEVEN government agencies with the responsibility of protecting this country, and the TSA is only one of many.

Napolitano is an easy target for people who don't know all that much about how the defense and security of this country works. You might want to try and save some of your criticism for the DNI . . . retired US Navy four-star admiral, Dennis Blair.

You don't sound all that informed if you are talking about Keith Olbermann . . . he's been blasting Obama at a pretty good clip lately ever since Obama increased the troop presence in Afghanistan and refused to get down in the Congressional "trenches" and help with the healthcare legislation...

http://yelnick.typepad.com/ Yelnick shows all of the respective counts from Tony Caldero, Glenn Neely, and Robert Prechter.

Looks like if this is a "C" wave, it has just started in terms of duration. Neely is on the sidelines, not willing to get involved in the long side in either the S&P or Gold. A Wave 2 correction in the USD could easily take the USD down to 76.85, 76.35, or 75.86 ( typical retracements )...

Another completely ignorant poster on ET. Shocker.

Agreed. First off, we are talking about Millimeter Wave technology here as well as "backscatter". That is what is relevant when you are talking about "body-scanning" machines. Millimeter wave units send radio waves over a person and produce a three-dimensional image by measuring the...