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Why should the Army be required to accept people who engage in criminal behavior? They shouldn't have to. But....it is a crying shame that when a person commits a crime at a young age that they basically hang themselves out to dry for the rest of their lives. No one will hire them, the Army...

If they are too big to fail then they are too big. Break them up and let them take all the risk they want and pay whatever bonuses they want. These banks should not have the economy and the taxpayer as their hostage. Break them up!

Asia, go have a drink and a steak, or maybe a pork chop. You're taking life just too seriously. Smile dude. We hear what you're saying but human nature being what it is...pessimism will always be abound.

Brazil is too busy stealing children to worry about buying Portugal. At least this story had a happy ending...so far.... http://www.bringseanhome.org/

And when the little piggy got home he discovered the market went higher.

You realize by getting an equity loan you are converting unsecured debt to secured? That's always the worst thing you can do. Negotiate a payment plan with the CC company yourself and head Buzzed advice. That was a terrific post! I've been where you are. I have an 845 credit score now.

Huh. I never actually considered that because I assumed my dollars would have value and I'd be giving you something of value. Still ain't worried. Dollars will be accepted for a while longer. Why don't we just cut to the chase and you send me 20 bucks :D

Well said. The only thing I have my sights set on is a condo in Hawaii and I'll be bringing dollar bills with me. I bet you 20 of them I'll be able to spend them.

Not true. Paper currencies are an evolutionary part of mankind. If the world as we know it ended today people would go back to bartering with rice for medicine, for example. When they got tired of carrying 100 lb bags of rice 1/2 way across town they would bring paper certificates (paper...

This ain't news. Where does it say he pulled the trigger because he was denied food stamps?

With a double entry accounting system the Fed can be both issuer and buyer of US debt in the event there is an echo in the building. With the Federal Reserve System in place the US can issue an unlimited amount of debt.

RMBS is knee-deep in patent infringement lawsuits with Micron, Hynix, and others. On Monday the judge made some comment about the case (you'll have to look it up I'm too lazy) that moved the stock big time. You gotta know what is going on with the stocks you are involved in.

The Brits are the tax kings. They once charged people a tax based on the number of windows in their house. That's where the term "daylight robbery" came from. People literally bricked up their windows to avoid the tax.

Completely untrue!

Because you and I are backing their losses.

LOL Good point. Make it a bottle of Dom Perignon. Does one drink that chilled? I wouldn't know. I can't stop the market at 666.

Naturally, I cannot prove this but I strongly believe the market bottomed at 666 because Goldman wanted to respond to, and have the last say about www.goldmansachs666.com. Imagine the brass at GS looking down at that print for the next decade having a good laugh over a chilled bottle of wine...

Take your expected rate of return and convert it to a decimal so in the case of 10% convert to .10. Add 1 to that to give you 1.10. Now take that number and raise it to the power of n, which is the number of years (or periods if you want to choose weeks). For example, if you want to invest...

You are greatly under-estimating the powers of the FED. The Greenspan Put is just one way of stopping a market melt-down. Was the FED the actual buyer post MLK? Probably not. Do you think some low level intern or disgruntled employee would have access to these types of market operations? No...

Who knows but I'll guess when you buy. If you were watching the movement of the futures following MLK day in 2008 you'll have all the evidence you need to know the PPT exists. I don't remember the exact price level but the ES futures went limit down at -70 points. Once the instrument came...