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The is statistically poor due in large part to a very high black population as well as very low cost of living. It's the tax paying white people, who are agains the public option.

This is all too common actually. I know several people/families that are in similar situations. Pretty pathetic......

There are people with large incomes who are net negative each month and there are people earning $50k/yr who eventually build wealth. It's not how much you make as much as it is how much you save.

No doubt.

It may be time to exit long equity positions

Congrats! You likely bought at (or very damn near) the bottom of both the housing and mortgage markets. I refi'ed and I'm saving quite a little on my payment. I'll have made up the refi costs in 7 months.

Dude, she's a fucking porn star. What did you expect? These chicks waste their money on blow, heels, hand bags and shinny cars. Not shocking......

Obnoxious....... sure. But at least it was a charitable event I guess.

There is no doubt that Bush was very fiscally irresponsible, and very liberal with the check book. Obama on the other hand has taken that irresponsible spending up about 5 notches. The difference is one of these guys is a former POTUS and will never again be an elected official. The...

They don't always look that good in hindsight, but there's the problem with crossovers. No guarantee that you wouldn't get chopped to pieces on the next hanful of signals.

I think this economic slump has tought many people lessons about fiscally conservative personal finance, but the lessons will be lost on others very quickly. As with anything in life, this crisis will cause some to come out stronger and in better shape, while others will slip further and...

No doubt. This is exactly why we need to develop nuclear plants as fast as we possibly can.

Is that how you gold bugs want to live? Like the Amish....LOL?? I'll take our current messed up system, thank you very much. As for you, you can live like the Amish starting tomorrow if you'd like.

Ya, I don't know any boomers that over spent, took out 125% loan-to-value mortgages, and they all went to gold, cash, etc in 2007. ROTFLMAO :D

Yes, you will qualify for unemployment. My wife was laid off in April and is collecting. She qualified despite a large severance

I agree. It's pretty easy to just blame "the evil speculators" when you're a politician. They always have their boogey man to point fingers at........ big oil, big tobacco, big pharma, health insurers, speculators

I'm not sure if I'd be bragging that the Dow is a couple of hundred points lower than where it was when it became apparent that Obama was going to win the election. There is a long time to go in Obama's first term, and we'll likely see some pretty major swings up and down. One thing is...

I'm no Obama fan, but you have to admit that he was handed a shit storm to deal with. I certainly don't agree with most of his policy ideas and how he's handled the situation so far. And I agree that he will hurt this country further with HC reform and his bullsh*t Cap & Trade plan. If he...

A not too subtle point here..... A muslim who is wishing an entire race of people dead, because they don't give him as much free stuff as they give the native white people..... The ironic thing is that later he admits it's much better than his native country (where they most likely give no...

The FED may not be ideal, but let's face it, we're not going back on the gold standard. That would curtail way too much congressional power and spending. So the FED is by far the lesser of two evils. I certainly would rather the fed control the money supply than congress. In fact, just...