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Last time I checked it was our gov. that was in the pocket of financial institutions. This is why there was so little regulation and oversight. If it was the other way around (that is the gov. was in control and had power over banks) the amount of regulations would be a lot higher. Just...

I am sure the banks were lending to non-whites because the gov.made them do it. Yea right! Greed baby, pure greed made them do it and if anybody is in somebody's pocket is the politicians being bought and sold by banks and not the other way around.

I think what he meant was that most of the people who are responsible for this mess are white, and he is right. BTW just because NY and London are racially diversified does not mean that those on top are. Last time I looked at CEOs of most financial institutions most are white (not blue eyed...

Tell us where you are hailing from and I am sure people could come up with at least a couple not so bright moments or individuals.

Trading with 1K is like jumping off a 4 story building. Sure there are a couple of people who managed to survive the jump, does it mean it should be the modus operandi of the rest? As for operating capital, 50K is imho bare minimum to do ES without undue stress. 100K being an OK amount and...

No need to go to windy city to get in. I am quiet positive if you got 50K there would be plenty of places checking you out. The operative word here being 50K. :D

I am not safe from inflation. However my debt from the purchase of my home is a kind of hedge against it. I still have sizable 401K which if there is inflation might take a hit. However, some inflation (moderate) is good for the economy and the folk in general.

I have no problem with inflation since I am in debt (real estate). it seems the only way to wake up the real estate is to inflate at any cost solution.

Different times, different economy and different circumstances. Time will tell who is right.

With the debt that currently exists and the Fed's policy of providing more liquidity and bailing out all the financial losers like AIG,the inflation has got enough fuel to rise its ugly head.

Can the funding be confirmed? Who the heck is Austin Powers? :confused:

Nice squeeze! :D

Like the glass desk. Got similar set up, just not that much hardware. :D

Whatever you decide to embark upon, perhaps mastering English language should be a part of that. Just a friendly suggestion. :D

Averaging down with 5K is suicide period. You might have a chance with 500K (and iron clad discipline) but 5K, it ain't gonna happen.

NYC needs a bit of rumble. Besides some neighborhoods need re-building anyway.

Just deposit the money with your broker buy 100 contracts of ES wait for a 5 point gain, cash in 25K, pay back the loan and go live in SE Asia for a year. If it does not work .... declare BK and get a job. Seems as risky and silly as what you are attempting to do with the CDs but result...

How about getting another job? I am sure local strip joint is hiring. Both mama and one of the kids could make some $$$. Let's get to work!!!!! :D

Get well soon mate. Best of everything to you. Stay strong.

I love NZ. The only problems that I see are: 1. High Asian population which in a country of only 4 million is very noticeable. I do not mind Asian folk but I was not prepared to see so many Asians in kiwi land. 2. Native population - not super friendly to the white folk - maybe they...