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6.55 min wage is the average DAILY wage in philippines working 12 hours.

http://finance.yahoo.com/tech-ticker/article/63833/Americans-Get-Ready-for-an-Enormous-Tax-Bill?tickers=JPM,AIG,XLF,%5EDJI,%5EGSPC,BAC,C I see that article about getting ready for an enormous tax bill... Hey, i thought that was a loan that the government is getting interest on! Uh-oh...i...

Only in america can you be considered destitute, but still have enough money to live in a 200 dollar tent, have money for cigarettes (like the guy in the first pic) and have the means to take care of a pet (guy in the second pic). The funny thing is, that when you are that poor, you get free...

I dont know...when i sold my house in 2005, it felt like i was getting alot of "free" money selling my house at "market" rate. Isnt that what they mean with "free market"? :P

September 18, 2008 Peilthetraveler: This is my prediction, south america style! (except i will be right with my predictions) Current gold price is right around 900 per ounce and yesterday we had the biggest one day gain in gold EVER. Despite this happening, i predict 500 dollar gold...

First off, dont put words in my mouth. I never said the predictions were laughable, stupid or you didnt know what you were talking about. I just said your predictions were WRONG and you should not be bragging about how right you were when you were not right. Somehow I think you are...

160 million households in the United states average home price is about 200k multiply that together and you get 32 trillion dollars worth of homes. 40% of all homes have no mortgage so that means 19.2 trillion dollars of mortgages. SO its not that much of bad paper. Assuming 10% and...

Dont forget china= 300 billion/1.3 billion people = $225 per person. Kinda scary though isnt it? That if china wanted to spend as much as we spend it would only cost them about $450 per person....

What? Do you really believe that? Did you even read what you wrote? You wrote back in 2004 that the euro would see 1.50-1.60 in 2005....not 2008...you said 2005. In 2005 we saw 1.17 to 1.35 range for the entire year of 2005. You said we would see the stock market drop 30%. We are exactly...

I have a better idea...how about we just sue all the people that walked away from the houses for the amount of money they owed on it minus what the banks ended up selling it for. After all...most of those homeowners trashed the houses before getting forclosed on. Sounds fair to me to sue them...

Wow...that was hillarious!

Such a shame....they got a great product, but they are just in deep trouble with their finances. I cant believe they were once trading at 50 bucks per share. Even if they got 30 million subs(more than triple what they have now), and assummed a net profit of 10 cents for ever dollar of...

Everyone and their mother jumped on the Visa IPO thinking they would double their money in at least 6 months time. Here we are, 6 months later and trading about at what it was first day of trading. The more people that think its a sure thing, the more likely its not.

Just been hearing of people getting their accounts liquidated at IB because of margin requirements changing. I dont have an account there, but I know alot of you guys on here do. Anyone get liquidated today and think this might be partially why the market dropped today?

Quote your source on where all this "Hidden" debt is. I dont care how smart you think they are, but nobody can hide an extra 8 trillion dollars of debt (much less an extra 80 trillion) without it being completely obvious. Thats basically saying that the government owes more money than the...

CHICKEN LITTLE, THE SKY IS NOT FALLING!!! Everyone always looks at how much in debt the US is because its in debt "trillions" of dollars. Well we also have the largest economy. You put those numbers in a % of the GDP and you see something much different. The US debt is only 60% of the...

I agree, but apparently they are taking into consideration that the rest of the world is having some high inflation rates too, so it all equals out.

If Obama becomes president, I guarantee that 90% of all the mail that comes across his desk will be from correctional institutions and all the letters will look like this... 'Sup, hows about hookin' a brotha up wit a presidential pardon, you know what I'm talking about? Signed, Jerome

So we have something like 8 trillion of public debt that doesnt look like we are ever going to get out of. If you had this much debt how would you pay it off? I dont know about you, but I would make bailout loans, while taking major stakes of equity in some of the biggest corporations...

Considering as of AH price today of 2.60 per share, its a 7 billion dollar company that the government bought for 85 billion dollars. Thats really a bad deal! My car was worth 15k last year. Its worth 10k this year. Think uncle sam will buy 80% of my car and give me a loan for 300k?