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That's why it's a very dangerous game that the Fed is playing. As others have alluded to, it's not a real market and hasn't been for the last 3-4 years. Yes, they could lose 20-30% in an instant. Of course, that's also been the mindset that has in part fueled SOME of the rally combined with...

Look at the yield you get over that 3-5 year time horizon. It's next to nothing. If you are talking about "historically"; that's an entirely different discussion because you are talking about pre-ZIRP. 10 years ago, if you stuck around for 3-5 years, you'd be talking about 5+% yields even if...

I've been saying this for years. Not necessarily the "balance the budget" aspect; that's like believing in unicorns. On the other hand, a reduced cost of living would go a long way's towards re-building this country. Industries COULD become competitive again at reduced wages IF the cost of...

Your argument is further proof that "the road to hell is paved with good intentions". I'm sure there were many advocates 30-40 years ago who said the exact same thing as it pertains to govt assistance for housing, medical care, food stamps, etc, etc...Unless there is a finite expiration on this...

I read about this issue a few years ago when several other prominent sports figures were involved as well. If I remember correctly, at the time, they may have granted special exemptions once they realized the major impact it would have on marquee events such as Wimbledon and The British Open...

a). A roundabout way of telling you that he is the "black sheep" of the family OR b). A grammar school taunt that goes something like "oh yeah, my dad can beat up your dad".

That's been my opinion from the day the story broke.

Completely spot on!

During the building bubble would be my guess.

That was a priceless line. It's really not worth the effort to even attempt to engage him in debate. For all we know, he probably created another sock puppet to try and support his own flawed understanding of things.

Liberals scream "fascism" any chance they get. How many times we heard those cries from 2000-08...yet, we continue along with many of the same policies; in some instances it's only intensified. Yet, because a member of their "team" is in office, it's "justified".

I can agree with that to an extent. Nonetheless, all the QE hoopla didn't stop the severe decline last year or the numerous short term corrections throughout the 2009-present. Basically, Ben and his cohorts are more than willing to "prime the pump" and use their various mouthpieces to...

Another Ricter riddle.

lol. Seriously, there are a bunch of knobs on this site who continue to argue for these "pre election rallies" as if they are a certainty. Two of the past three Presidential election years experienced intense sell-offs. Not only was 2008 a bloodbath, but everyone seems to have forgotten...

The NFL isn't even the same as it was 2 years ago. This is a bet that you are not going to win.

It's ALREADY happening. Like I said in the post, Goodell is completely changing the game of football with the rule changes. The "helmet to helmet" is a completely subjective call in many instances...the continued efforts to protect the QB have basically made it impossible to make a clean hit...

I hate to use the word "nuance", but that's the side story in this entire debate. Look at the past few years and what Roger Goodell has been able to "accomplish" in so far as curtailing certain critical aspects of what makes football "football". The NFL, and perhaps the NCAA, could go about...

Yes, we are pioneers in the art of bullshit..or as it's more popularly known as "PR".

Thank you...that is largely my point.