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  1. M

    Why are living standards in the western world still far ahead of emerging countries?

    Wow, you rely on the bible and your miniscule moment in history to make that statement? LOL... Ancient Egypt, Mayas, Aztecs, Bablyon, Persepolis, Antioch... all these can range from 4000 BC to the fall of Rome. And you know what? Most of Western Europe was in the dark ages most of that...
  2. M

    Why are living standards in the western world still far ahead of emerging countries?

    Ahh.. yes. That's explains the laws recently enacted by our government to facilitate the wholesale looting by our financial elites. Nice "foundation theory." What was the legal evolution of the TARP bill? The repeal of Glass Steagall? How about the medicare prescription plan bill that...
  3. M

    Why are living standards in the western world still far ahead of emerging countries?

    I agree with the Rome anology. When a nation's surplus is threatened, it is the elites that begin the looting first - they even legalize it. The masses are always slow on the take. But when they do figure it out - and they always eventually do - that's when TSHTF. Then morality goes out the...
  4. M

    Why are living standards in the western world still far ahead of emerging countries?

    The med is one of the oldest fished seas in the world. Same with Sea of Japan. We're not too far behind. I fish the Northeast - especially Striped Bass. Have you read accounts about the Northeast from 200+ years ago? It was a friggin cornucopia of wildlife. The Hudson river would be...
  5. M

    Why are living standards in the western world still far ahead of emerging countries?

    I think a society's surplus has a lot to do with it. When Indians, Pakistanis, Vietnamese, etc... come here, they attain very high levels in society. Those societies in Asia most resemble the US in the turn of the century, between the Guilded Age and the Progressive era. If you know...
  6. M

    "Wall St's Naked Swindle"

    So, Fly - it's seems like you know a lot of people, seen a lot of things. What's the end game? How do you see things playing out? Personally - I don't see a massive good government movement spearheaded by some third party - so my conclusion is that the whole system collapses from within...
  7. M

    PEAK OIL? Natural Gas to the Rescue

    Yeah, I like being right in print. Bought esph.ob at .36 now at .42... holding onto this long term. And yes, I'm pumping this stock - I think there's value here.
  8. M

    Goldman Sachs: Pic of the day

    Many here naively believe that they are on that jetski. We're all going to be losers. Maybe not today, maybe not next week, but eventually the great reset will occur and very few outside of the elites will be ready for it.
  9. M

    Goldman Sachs: Pic of the day

    To all those that are sticking up for their corporate banking masters with the "just trade, it's irrelevant" mantra: You do realize that if Goldman and others didn't get and continue to get such special treatment - we would all have more money? And that means today and tomorrow. There's...
  10. M

    How China Cooks Its Books & The Growing Risk of a Chinese Economic Implosion

    Reread what I wrote. I said the past 100 years. That includes autos, telephones, plumbing, electricity, light bulbs... I should have said the past 50 years to include TV.
  11. M

    How China Cooks Its Books & The Growing Risk of a Chinese Economic Implosion

    In the grand scheme of things, which country is better off: 1) A country with NO safety net that will eventually start rolling out a saftey net OR a country that has an expensive safety net but no money other than a growingly skeptical bond market to finance it? 2)A country with an already...
  12. M

    How China Cooks Its Books & The Growing Risk of a Chinese Economic Implosion

    China has a longer way to go to raise their population's living standards. About a BILLION people more to go. What does the West have? Just about everyone has the highest living standards already... the governments are broke.... and entitlements are kicking into high gear. The West is...
  13. M

    How China Cooks Its Books & The Growing Risk of a Chinese Economic Implosion

    The sun has set on the West. It is rising in the East. Deal with it.
  14. M

    What is a "Community Organizer?"

    Well, according to the right wing nutjobs full of hate, it is someone that organizes the poor of society - those brown people that "hate to work" - and empowers them. And the leftwingers? What do they think of a "Community Organizer?" Well, they are uplifted by the sacrifice a community...
  15. M

    Goldman "Knows Its Business"....

    Goldman gets free money from the Fed. It invests in Chinese Companies for profit. It rigs the Markets with HFT. That's treason in my view. Look - anyone can do anything they want with their money - but to be able to get free money at the Fed window... that's different. There should be...
  16. M

    Steve Wynn "Gets It"....

    +1
  17. M

    PEAK OIL? Natural Gas to the Rescue

    Another good article: http://www.aspousa.org/index.php/2009/09/mission-critical-can-shale-gas-save-the-world/
  18. M

    PEAK OIL? Natural Gas to the Rescue

    I like reading AEP - but on this, he was a little over the top. Which is not uncommon when journalists read and then report on the energy sector. They usually overshoot on the doom or optimism - whatever the case may be. The shale gas plays look promising, but there are a lot of unresolved...
  19. M

    Steve Wynn is right!

    Look - Wynn made a blanket statement, here it is from the Drudgereport, quoting the Rush Limbaugh transcript I read: STEVE WYNN: 'Gov't never increased standard of living of one single human being in civilization's history' I think everything I wrote above blows that statement out of the...
  20. M

    Steve Wynn is right!

    And if you invent an engine that replaces the internal combustion engine, and a Chinese manufacturer copies it. Who will you cry to? The government. And why? To protect your wealth. And by doing so, the government will PROTECT your company's jobs, and as such, your company will grow and...
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