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    homelessness up 9% this year

    Wow! I had no idea the test scores were that poor. I took the ASVAB my senior year in high school and flew through the test. The hardest section was Advanced Algebra and that was a breeze. The hardest thing I found about taking the test was to get the recruiters to stop calling me :mad...
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    More & more empty store fronts in Chicago. Beware commercial Real Estate.

    LOL. I got tossed out onto the sidewalk from Mothers on Division Street. It took 4 bouncers to get me out of there. They had either an arm or a leg and I went out the door like Superman. Oooohhh, for the good old days :D
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    More & more empty store fronts in Chicago. Beware commercial Real Estate.

    Hit google maps, type in the address you see on this pic and take a stroll west down 167th street. It eventually turns into Division St. You'll see For Sale signs along the way. The attached pic is an example of one of the many, many homes that are vacant. This entire area is littered with...
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    More & more empty store fronts in Chicago. Beware commercial Real Estate.

    Take a drive from 87th street south down Cicero to 159th and it's a ghost town compared to what it used to be. Nothing but empty strip malls and empty lots that used to be car dealerships. Then take a peak at the corridor from Wolf Rd to 355 between 159th to 143rd (close to my hood) and...
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    -vacant-properties-in-china

    Anyone named "sumfuka" can say anything real stupid and come off looking as cool as ice :p
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    why Wall Street traders win and you don't

    You're actually defending yourself after you just got busted pumping your own site? What happened to all those videos? There were 37 of them last night with gaps in between about November 4th and December 10th or so. What happened to all those days? On vacation? Now there are only 8 videos...
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    why Wall Street traders win and you don't

    Damn, just spit my beer out again after a good laugh. Nice find!
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    Bailouts could cost U.S. $23 Trillion

    The thing about all this spending is the more they spend the more value the dollar loses, which requires more spending to generate the same effect. It's kind of like a marketing campaign that eventually generates diminishing returns. No worries though. Sleep tight until they start talking...
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    why Wall Street traders win and you don't

    Nice to see someone gets it. When the Fed goes out and buys bonds guess who they are buying them from -- right, GS. What does GS do when the Fed gives them a wink and a nod. They buy lower (a lot lower) than where they sell them. It's like reaching into the taxpayers pocket and taking...
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    why Wall Street traders win and you don't

    And what happens to the WST who averages down and QE2 doesn't happen and the market doesn't come back for years? He'll suffer more than just not getting a bonus. Wall Street has information you or I don't have, they make markets, and they have access to order flow that they can front run...
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    why Wall Street traders win and you don't

    Two words -- Cherry Picking. Aside from that fact, I've gone through periods of time when I couldn't do a thing wrong and went on winning streaks of 95% or more. Did it last? Hell no. The character of the market changed and I had to adapt. I didn't even look at the PnL on these videos...
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    why Wall Street traders win and you don't

    ROTF spitting my beer out. You actually believe that crap? 99% wins and the other 1% are breakeven or God forbid, a "small loss."
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    why Wall Street traders win and you don't

    The three pillars -- content, execution, discipline. That leads to a 99% win rate in terms of days? That's laughable. Unless he is making a market that is statistically impossible.
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    why Wall Street traders win and you don't

    No silly. Wall Street makes a market and profits on the spread, which is almost guaranteed and they have access to inside information that you and I can only dream about. If you take away the advantages Wall Street has their traders become just another schmuck trying to make a buck.
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    Downgrade U.S. Treasuries to Junk

    That is the one and only answer. Everyone who relies on the government for some sort of assistance is going to feel some pain in the very near future. Food Stamps, Medicaid, Medicare, Social Security, Disability Payment, and on and on... will have to be cut. If you can't provide for yourself...
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    Downgrade U.S. Treasuries to Junk

    When compared to historical standards the US is nowhere near junk status, excluding the period during and after the Revolutionary War. That being said, the track the US is on looks dire unless some action is taken to reverse course. A more immediate concern is the condition of a number of the...
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    Over 1 million in capital to trade with???

    That about nails it. Those who are successful don't particularly care to talk about their success. They tend to spend more time in the political or economic threads. My guess is the OP has had some rapid success as of late and see's $ signs ringing in his head. He's dreaming big. At the...
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    Modern Monetary Theory - How the US Government really pays for things

    Ok, then I'll take credit for it. Send snopes a note to update their site :D
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    Modern Monetary Theory - How the US Government really pays for things

    The Fed's unstated "mandate" is to pilfer from the public with periods of outright, blatant, monumental theft. "If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around...
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    Modern Monetary Theory - How the US Government really pays for things

    One thing I will agree with is if the Fed were to disappear today the world economy will implode and I also agree that they are doing a terrific job of managing the current crisis, even though they, and the US Government, has deemed it over. However, we can't simply give the Fed a grade of A...
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