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    'Your [phone] Apps Are Watching You'

    GW Bush once said, "it's just a goddamned piece of paper," which created a bit of outrage at the time but fast forward a few years and in the view of the government at large, The US Constitution really represents nothing more than a piece of paper. It has been shredded beyond belief over the...
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    Don't fight the FED.

    That's absolute nonsense! Justin Beaver is their spiritual leader, damn it :mad:
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    How big is the narcotics industry?

    The only thing the current drug policy has accomplished is incarcerating people for outrageous lengths of time and employing personnel to build and run prisons. http://en.wikipedia.org/wiki/File:US_Relative_Incarceration_Rate.png The "Three Strikes Law" in California has locked people up...
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    How big is the narcotics industry?

    Often times, you get less time for murdering someone in this country compared to selling narcotics. The United States has the highest per capita prison rate in the world and it's growing exponentially. http://en.wikipedia.org/wiki/Incarceration_in_the_United_States
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    Smart Money is Long

    I have to disagree to a point EMR. Like you, I have raised several million's of dollars (not even close to 100M) and it's been my experience that individuals who have that kind of money are just as dumb as the guy with the 2k trading account because they are too busy doing what they do --...
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    QE as subsidy to Wall Street?

    Quite right. On the 60-min's interview he looked like he was going to piss his pants. When asked about his confidence in what he was doing there no hesitation -- "100%." That was a clearly rehearsed answer. His body language demonstrated how uncomfortable he was during that interview...
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    Can't Get Back On The Horse

    What kind of position size are you putting on? Dial it down to whatever size allows you to execute it. I've been shaken a number of times, for a variety of reasons. The way I overcame it was to put on the smallest possible size I could.
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    History is laffing at the USA's stupidity :) :)

    History has proven this statement wrong. If you flood the market with money during normal times folks will get fat on the hog. If you flood the market with more money when the hog explodes people no longer have the desire or the ability to get fat. So Monetary policy can cause the problem, as...
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    Who is losing money day trading Emini S&P 500

    Well said. Back in the Go-Go days (1999-2000 & 2007-2008) I only used a disaster stop. Using any kind of stop within range of your trigger would guarantee consistent losses. During this time I either doubled down or averaged frequently and it worked incredibly well. There were also occasions...
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    China sees inflation jump to 5.1%, a 28-month high

    ShadowStats has CPI around the 8% area. http://www.shadowstats.com/alternate_data/inflation-charts
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    China sees inflation jump to 5.1%, a 28-month high

    Or launch another missle that lands a little closer to the western coastline.
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    ObamaCare Insurance Mandate Declared Un-Constitutional

    On it's face, this law does appear to be unconstitutional but the government forces people to do things all the time. If the Supreme Court rules against the Government then the Government will turn around and collect more taxes from you and force you into a medical plan that way. The most...
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    ObamaCare Insurance Mandate Declared Un-Constitutional

    http://news.yahoo.com/s/ap/20101213/ap_on_bi_ge/us_health_care_overhaul_virginia
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    One upon a time poor people were called "the working class" now "the lazy class"

    This is the mistake that so many people are making. Everyone thinks that Congress can pass a bill and POOF! Jobs are created. It doesn't work that way. There needs to be some sort of catalyst. Following the Great Depression it was WWII. That event sent people back to work in droves...
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    Drinking vodka and trading

    So taking away the vodka means we aren't witnessing THEE bull market of all time?? Or is it your perception of THEE bull market of all time changes when the vodka is revoked? I got a better idea. Put in some long hours and study you ass off and learn to read the markets without mind...
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    Food stamp registration / Supplemental Nutrition Assistance in the USA

    This is how the program should be structured. You can buy fresh produce, bread, lunchmeat, and other healthy items. Potato chips and Doritos don't make the list. Neither does Diet Coke or 7-up. Orange Juice would be ok, even though it's very high in sugar. And I agree with the other poster...
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    Food stamp registration / Supplemental Nutrition Assistance in the USA

    Good Grief! You actually need exact numbers on how much the Government spends on Military, Aid to Foreign Nations, and Aid to Collapsing Banks? It dwarfs the amount spent on food stamps!
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    What's the latest on future Healthcare & Health Insurance & IRS Fines for no coverage

    Very interesting article. This is the big one: <i>Lesson 4: The exchanges reward people for working less and earning less.</i> There are two major things people need. A house and health insurance. Right now you can't have both but with new legislation coming down the pipe you probably...
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    What's the latest on future Healthcare & Health Insurance & IRS Fines for no coverage

    You either have a great memory or spent some time to look that up. I wrote that a while back. I spoke to an insurance broker the other day and plans are already popping up that cover people with pre-existing conditions for reasonable prices. The catch is that benefits are capped at very low...
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    Bernie Madoff's Son Found Dead

    Who could blame her? I find it hard to believe the sons had no clue what Big Bernie was up to. They'd have to be complete idiots with IQ's below 90 not to know what was going on from casual observation. If I were the wife I'd bail too. Why would she want any part of this mess?
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