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    House moves to extend unemployment benefits.....Wait a Second!!!!

    "The fall of this empire will be faster than Roman Empire. Wait and see."----->>>> It's not looking good, is it? Keep printing and keep distributing at the cost of massive debts passed on to the taxpayer. How long can it last?
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    What will happen when the Fed stops buying T-Bonds?

    I'm guessing when the Fed stops artificially propping up bond prices they will fall and rates will go up but I also suspect the Fed is fully aware of this and will allow rates to go up when they want rates to go up. They have already stated they will probably stop propping up the housing market...
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    Where to find an "over-reaction"/ "went up too far" indicator....

    Overbought indicators will lead to financial ruin. Oversold indicators fall into the category of "useful." Pick your favorite and learn how to use it. Everything works some of the time; nothing works all of the time.
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    End The Fed?..And then what

    I agree the Fed should be abolished for a number of reasons but delegating the power to coin money back to Congress would have catastrophic consequences. They issued George Freaking Bush a blank check to invade the middle east, they have raped the Social Security fund, and Medicare is on the...
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    OK the new rule is this, If you got time to post on ET, you ain't a trader, PERIOD

    If you got time to create one senseless thread after another you're an idiot.
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    Why can't I get a job? Recent Grad, 3.7 GPA, Good Exp, Year and a half of searching..

    Bingo! I had a business communications class when I was working on my bachelor's taught by a retired Stanford professor and the first thing he said on the first day of class was, "your success or lack thereof, will be determined by your ability to comminicate, not your GPA, your field of...
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    IMF to Dump Gold!

    Ok. so the IMF is selling gold. What does that do to the supply of gold or the demand for gold, or the confidence in monopoly money? It doesn't change anything and therefore, shouldn't change the price of gold. Unless the IMF can change the world's perception of artificial currencies it can...
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    Why You May Never Make Money as a Trader

    There is one requirement for successful trading (and successful business, for that matter) that few people have -- unyielding confidence and the ability to come back from defeat. Ok, maybe that's two things. Think of Donald Trump. Love him or hate him, the guy will always be sucessful because...
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    What issues do you have with IQ, you feel inadequate, well take a look at Steve

    Hiliarious man. I almost wet my pant laughing. In medical terms that would be called polyuria. I have no clue why I just told you that.
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    What issues do you have with IQ, you feel inadequate, well take a look at Steve

    You can actually say shit on elitetrader :D And if it wasn't for humor elitetrader wouldn't exist.
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    Why can't I get a job? Recent Grad, 3.7 GPA, Good Exp, Year and a half of searching..

    That's funny and if they stay in school for 8 years they can show other liberal arts majors where the super-size button is.
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    FDIC fund margin of safety is dwindling

    The FDIC is backed by the Government's ability to create money. If they run out of money the Fed moves $X from one side of their spreadsheet to the other and the problem is instantly solved. The FDIC will <b>never</b> run out of money. The only question is when people will lose faith in the...
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    Why can't I get a job? Recent Grad, 3.7 GPA, Good Exp, Year and a half of searching..

    No, he's just been spending the better part of his life since September 2004 reading yours and other threads on ET. Phuck, I gotta get my sorry ass out of the house before I become Trader666 :D :mad:
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    Technical case for the top being in?

    Two words ---->>> Surf's Up. At some point surf won't be up but currently, surf's up.
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    India to Chinese investors: No more visas, hire Indians

    Looks like Protectionism is kicking into high gear.
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    Geithner Will Consider Extending Home-Buyer Tax Credit (of course)

    If homes were allowed to fall to sustainable levels they wouldn't have needed the first time home buyer tax credit because they would have fallen to a level where first time buyers could actually afford to buy a home but considering the banks were holding a large inventory of homes they couldn't...
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    Rising Debt May Cause Sun to Set on U.S. Economy: Chart of Day

    "Causes for The Fall of the Roman Empire" Some of them sound eerily familiar. http://www.angelfire.com/darkside/sjhscult/notes/unit1/fall_rome.htm
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    Rising Debt May Cause Sun to Set on U.S. Economy: Chart of Day

    I think this may be a bit outdated. I recently heard the interest on the debt has now exceeded the national defense budget. No source.
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    Europe has emerged as the richest region in the world

    I'll take a Becks. How anyone can drink Bud is beyond me. It's pure camel piss.
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