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I'll gladly stay in the US thank you. China can have their hundred year plan. Look where it's gotten them until recently.

These are typically voted on by the tax payers. Quite different than you're typical "force it down your throat" way that federal law makers work.

These types of venues do generate $$millions for the local businesses every year, and much of that money comes from outside communities. That has to be factored in as well.

If they Dems somehow were stupid enough (and they probably are) to try to seize retirement accounts in any way, the Republicans would gain a veto-proof majority in the Senate and the Presidency easily. This could end up being a good thing because that law, as well as HC reform would be...

I agree. I really don't understand why people get so emotional about folks getting foreclosed on. It's a business transaction, just like anything else. When you can't pay what you've promised to pay, someone else gets your secured asset (house). Maybe I'm cold hearted, but I can't shed...

Actions speak louder than words. I'd say the quote should read......"F*ck the bond holders and the rule of law!". The UAW got their bailout didn't they?

People for some reason get very emotional regarding home loans/foreclosures. You have to remember that home loans are nothing more than a business transaction. The borrower gets a home that they cannot afford to pay cash for. In return they have to repay the principal with the specified...

I will 2nd this. This site is great for relative strength and volatility plays.

The guy is $300 ahead and thinks the Lotto operators will change how they do things? Awesome story, bro.

This is a very valid point.

I completely agree. I own, and don't really care to share walls at this point in my life, but overall I think home ownership is way overrated in the US.

Unless Obama pivots hard to the right after the midterms, he's probably not going to get a 2nd term, IMO. People will not be too happy in a couple years, after their insurance premiums keep skyrocketing (faster now then even before), unemployment is near 10%, etc

Not entirely true. In Iowa (a fairly cheap state to live in) for instance, the average teacher makes about $40k. Also, you have to consider that they only work about 3/4's of the year (summer break, spring break, etc), so that would be about $53 if they worked year round. Add in their...

I happen to agree with the article. It explains contango and the under performance of commodity ETF's.

I agree. I just don't see this happening, given the appetite for bailouts in the US.

This will backfire completely if it turns out to be true. The Dems will not gain any more votes because of it, but will take a lot of heat, from people who are not underwater, but realize that their tax dollars (and their kids future tax dollars) will be paying for this bailout (with interest)...

Liberals do not understand economics. That much is a given.

Tax accounting and HR documentation (for litigation avoidance) are two massive drains on business productivity in the US. I hate trial lawyers even more than the IRS, but it's very close.

This article was about powerful women, not beautiful women, correct?

Unions ultimately destroy their host. They are parasites and they eventually kill any host organization that allows them to form.