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I agree that right now the "anti-FED" sentiment is the flavor of the month. Everyone is an amature economist after viewing a few Celente videos, a couple of Coast to Coast AM episodes and going to shadowstats a few times. Do I think the FED is the perfect system??? No. But what are the...

If the FED was abolished, who do you think would take control of monetary policy? Yep, you guessed it..... Congress. That's right, Harry Reid, Nancy Pelosi, and Barney Frank. That would be a freaking disaster.

If Celente predicts it, then it MUST COME TRUE!!!!!!!!! Tell me, if this guy was so prophetic, then why isn't he the richest man in the world by now? If he really could predict these trends with such certainty, he wouldn't be spending all his time on Coast to Coast AM trying to drum up...

Fortunately for Chavez, Obama hates the US as much as he does and considers him a socialist comrade. In fact, Obama is doing his damndest to put Manuel Zelaya back in office in Honduras, so that he can become the next "El Presidente for Life" like Chavez. Fuck all three of these commies.

That's a shocker!!!

A wannabe Euro.............. LOL I really don't know what to say to that....

Your US envy is very apparent and based on your past posting history borders on obsession. It is a very common condition throughout the world though, so you're not alone.

Maybe Europe can raise an army now and we can stop subsidizing their defense.

I've been long since March and that's not some hindsight bullshit either. Not to say I can pick bottoms/tops, that's not my point. My point is don't let a nice run in a hot market (I've caught it too), cause you to think you've got everything figured out. Whether it's a V or a W it really...

Wow, not very humble huh? So you made a few percentage points on a bear market rally? I predict you'll piss away 80% of your net worth within 3 years.

That's interesting. I'll look into your book. Can you short these bond funds? Or are there inverse bond etf's?

The MSM will only report things that are helpful to Obama (and therefore their agenda). If Bush had said "saved or created" in this situation, the media would be all over it.

BLSH is losing his steam. His posting pace has slowed significantly, as the market keeps climbing higher. If I see that BLSH capitulates and stops posting, I will probably liquidate long positions at that point :D

It seems like China (exporter) is the one that would hurt the most from a trade war with the US (importer).

I've been selling medical/surgical equipment for 10 years now and believe me you don't want to go to a VA or Indian hospital. That is what all hospitals will look like 10 years if Obama gets his wish.

Exactly. It amazes me that even traders, who should have some business/economic savvy can't grasp the numbers. This shit isn't free. Someone pays for it either way. We all want great h/c and yet nobody wants to pay for it. Either insurance companies and/or the government has to pay out...

What a f*cking moron. If you're going to put up a 5 minute youtube, at least get your facts/names straight. I can't say I have a lot of empathy for the CC companies/banks, but this "Oh poor me, I'm in debt and it's all your fault for jacking up my rates and reducing my limit" is getting old...

Exports or Imports?

There was a piece on our local news recently and they reported that the Kansas City, Missouri school system spent $140,000 on taxis for homeless school children last year. There has to be a better way, IMO.

There is no way that 1 out of every 300 Americans falls into the "homeless schoolchildren" category.