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    China's Wen Is `Worried' at Safety of U.S. Treasuries, Asks for Assurances

    What the politicos do not or do not care to realize is that there should really be some question as to where several $trillion is really going to come from.... Also for any part of the deficit that is monetized....just what is the procedure for "demonetization" ? But seeing how they do not...
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    Obama's Tax Base Shrinking

    If a broad based tax such as a consumption tax does not replace the highly flawed progressive individual and corporate taxes....the US will soon have 2% of its earners paying 90% of the taxes.... And the tax take will be far below what a broad based consumption tax would produce....which will...
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    Politics and Economics....Oil and Water....

    http://online.wsj.com/article/SB123690181841413405.html Proof positive that politics and economics do not mix.... Cuomo and Frank putting blame and adding legal largesse to Wall Street operations.... A different operative framework needs to emerge that clearly can quantify the...
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    The Last of the Mohicans ?

    NY AG says Merrill misled Congress. New York Attorney General Andrew Cuomo has accused Merrill Lynch of misleading Congress about its plan to grant early bonuses in December. In a court filing yesterday, Cuomo said Merrill's compensation committee had decided on Nov. 11 to accelerate the...
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    45 Percent of World's Wealth Destroyed....Blackstone

    Good points.... What appears to be the case is that "valuation" is a perception. Unfortunately at the moment....the legal constraints regarding agreed upon prices "valuations" are reaping havoc on the economies throughout the world.... And "currency" questions abound as to "fiat" status...
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    45 Percent of World's Wealth Destroyed....Blackstone

    Irm21 1 ) Its not a useless topic. 2) What the hell is paper wealth? Paper wealth is real wealth or vice versa. Assets have value, how you calculate the value can be subjective or very objective but nonetheless in the end all we have are assets and debt. Are you saying that your...
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    45 Percent of World's Wealth Destroyed....Blackstone

    What really should be happening from a govt. policy point of view is to pose regulations such that "real wealth" valuations can quickly get back on the books.... ie An entrepreneurial company which utilized $10 million evolved into a 12x earnings valuation which reflected a 12x value of the...
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    45 Percent of World's Wealth Destroyed....Blackstone

    http://globaleconomicanalysis.blogspot.com/ 45 Percent of World's Wealth Destroyed The CEO of Blackstone says 45 percent of world's wealth destroyed. "Between 40 and 45 percent of the world's wealth has been destroyed in little less than a year and a half," Schwarzman told an audience...
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    Political Corruption is the the FASTEST way to Get Rich

    Actually in some of the developing countries....one of the only ways to gain true wealth ....is through politics.... And no....this is no joke....
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    Buy and Hold SP500 Not A Good Idea Afterall....

    Random.Capital For those looking at really long term historical real returns, it ain't a pretty picture. ........................................................................................... Good chart.... Also keep in mind that the composition of the stocks in the...
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    "In 5 Years, Everything Will Be Fine"... Buffett

    http://www.atimes.com/atimes/Global_Economy/KC10Dj06.html
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    If my retirement gets nationalized

    What the US really needs are laws keeping the "lawyers" from interfering with the markets.... "Interference with public markets" should be criminal with no time boundaries.... If this were in "law" maybe "they" would understand it....
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    "In 5 Years, Everything Will Be Fine"... Buffett

    Gnome..... It shouldn't be until the final down portion of the bear market that stocks like Wal-Mart, Autozone, and BJs Wholesale get crushed.. when THEY finally get hit, time to look for the bottom. ....................................................................... Exactly...
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    "In 5 Years, Everything Will Be Fine"... Buffett

    What is most probable ? The $70 Trillion becomes $200 Trillion.... But not in real terms.....not true wealth.... Via money stock dilution.... Stocks could rocket....but yet not keep up with monetary dilution..... And the political cesspool will continue.... Democracy is a...
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    "In 5 Years, Everything Will Be Fine"... Buffett

    "Everything will be ok in 5 years" is a statement one makes when.... 1) They really do not know 2) Every "unsure pundit" makes these types of statements when they are trying to sell something.... 3) The fact is this.... Once upon a time there was a $70 Trillion economy.... Over...
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    The New Citibank Commercial

    http://www.nytimes.com/2009/03/09/us/politics/09talkshows.html?_r=1&hp Some of the politicos are "catching on"...... If they do not.... Welcome to "The New Pelosi-Obama-Frank" USA.... and enjoy the services which can only be found in the "New Citibank".....
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    The New Citibank Commercial

    No....the US already has a consumption tax.... A tube of toothpaste costs $1.00 10% taxpayer pays $1.10 20% taxpayer pays $1.20 38% taxpayer pays $1.38 Now apply this to cars, houses, etc... A 10% consumption tax....everyone pays $1.10.... No other taxes No corporate...
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    The New Citibank Commercial

    Unfortunately....It really is not funny....It is economically surreal and horrific....an Obama-Pelosi satire.... The government should immediately downsize and dramatically cut taxes....ie 10% consumption tax.... Or you just might see some "New Citibanks" along with other "govt. managed...
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    The New Citibank Commercial

    http://www.funnyordie.com/videos/c130f64d6f/the-new-f-ing-citibank Maybe the name will change to "The Pelosi Obama Piggy Bank"....
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    Obama's search for an enemy. Who is next?

    Actually ....who is "really" president ? Obama is the "mouthpiece" of Pelosi, Frank ?.... Why ? Look at the makeup of the "rescue" package.... "Pelosi's Pork Barrel" Look at all the "SAME FACES, SAME PLACES"...
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