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There is talk about raising the retirement age to 68 and 69 over the next several decades and eliminating the mortgage interest deduction. And to that the response from Americans was.....notta, nothing. In France they go from 60 to 62 and the country pretty much catches on fire.

Indeed KOS. Today's grads are going to have a hard time getting approved for a loan with the student loan ball and chain hanging around their necks. That's strike one. If Obama and Co. kill the mortgage interest deduction that's strike two. I suppose the slew of vacant, or soon to be vacant...

As part of fixing Social Security, Medicare, and paying down the National Debt Congress wants to eliminate the mortgage interest deduction so home buyers will have a great incentive to rent vs own because homes are money pits, even if they are new...

I call bullshit. If China could be the economic and military super power the US currently is it wouldn't hesitate to capture that title, regardless of the cost. The thing that is preventing China from unseating the US is the same thing that prevent the USSR from doing it -- rampant, pure...

The banks never lose because they have access to every bid and every ask and position themselves within that range, thereby guaranteeing a profit. If you or I had that information we'd never lose either. I guess that's what comes with being a Member Bank of the Federal Reserve.

All this chatter about the Chinese or unknown missle launches. I'll settle this right now. That was from an app I downloaded to my new iPhone. Apple makes some pretty wicked shit :D. Sorry folks, you can all go back to what you were doing :mad:

Ask for audited financial statements. They will probably ask you to sign a non-disclosure agreement and provide a statement that you are a qualified investor.

Regulated Hedge Funds are not required to publish anything with respect to the public as they are Private Placement Investments. In fact, publishing this kind of information would be considered marketing and for Hedge Funds that's a no-no. They are, however, required to provide full disclosure...

If there's one thing the US can't afford it's another war. Heck, they can't even afford the one they're involved in.

Be careful what you wish for lest you find yourself speaking German someday.

What the OP is proposing is a Wash <b>Trade</b> not a wash sale and it's actually illegal, which means it falls under the jurisdiction of the SEC, not the IRS.

There have been many wars fought over economic and fiscal policy. What the Fed is doing is angering many nations.

This is a pretty good suggestion but I have found that to be successful you need to study price action throughout the day. Merely getting a sound alert when some criteria is met renders your trading method more of a science than an art and it's my firm belief that trading is an art that uses...

My primary activity as a trader is a day trader and my primary market is the futures market. 1. I have never felt suicidal but I have experienced brief moments dispair following heart breaking losses. 2. I follow the zone diet, which balances carbs, fats, and protein. I do not over eat...

Bernanke is going to create a commodities bubble, or simply put, inflation. Even Natural Gas looks ready to move higher. I think it's a good time to go long Nat Gas futures. Unfortunately, the leverage on that instrument is enough to make you cream your drawers. The price of gold and...

The good old US of A has the highest per capita prison rate in the world. Of course she should get jail time. Shit, she should get prison time. Maybe a couple of decades. The US loves to lock up just about every fucker that does wrong. The sentencing guidelines for drug charges are...

Right on point. So many equate rising stock prices with economic health. In recent years that has definitely been the case but now there is a huge disconnect between the stock market and the economy. Most people have missed the majority, if not all of this rally. I know a number of folks who...

Technically, yes, this is a wash trade but I don't think (and I'm not a securities attorney) 2000 shares are going to catch the SEC's eye on a stock that trades 50M shares per day. If you did this on some micro stock that trades 200 shares a day then you may get a knock on your door. Just my...

Sweet! Who's gonna start the ET Word of the Day thread?

This is excellent, especially the part about women :D