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Obama was "delivered" by the bankers. The voting system in the US has been destroyed. People think they elect a President. They don't. They get to choose between a few choices, which are delivered to the populace by the banking system. This country will not change until it collapses and...

Government programs such as SS and Medicare would slowly (or maybe quickly) grind to a halt. Taxes would go through the roof. There is only way to get out of a credit default -- massive taxation. Interest rates for government debt would sky rocket so sweeping tax collection would be the only way.

This is the reason for all the problems this country is facing. The Member Banks own the Fed by virtue of owning stock in the Fed but the Fed is responsible for Regulating those very same banks. Even the Chicago Mob couldn't come up with a better racket than this. "The Reserve Banks issue...

Correct! Congress can raise the debt ceiling to a few quadrillion and it would be a meaningless number. The market will determine what the debt ceiling is. Until then...borrow, borrow, borrow!

Never mind him Def. It's just his Seroquel wearing off. We tried to get him on Prolixin but the Doc said no :(

I went to Applebee's for dinner over the weekend, which I'm guessing is a notch above MCD's, and there were three tables occupied -- three. I've never seen a restaurant so dead.

Britain and the US aren't far behind. California is in the toilet and Illinois had their credit rating downgraded two notches. There's trouble on the horizon. http://www.sj-r.com/news/x639781245/Fitch-drops-state-credit-rating-two-notches

If you cover the material in Kaplan and score around 90 you'll pass. I didn't study anything other than Kaplan (Dearborn) and scored an 88 on the actual test. There are a bunch of questions on hedging and regulation. I'd say that was about 50% of the test. I didn't have any questions on...

This reminds me of a good tune. Oh wait, that was David Byrne. Still a good tune. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/IAwdgWSiC5o&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...

It's "wreaks." :D

The perfect scam? The perfect <b>Heist</b>. Goldman managed to take an entire country hostage, demand Billions in ransom and got away with it. I don't think Hollywood could have written a better script.

And had two attempts on his life because of it.

Of course they advocate it. There's nothing they can do to stop it. Once the internet came on-line the US's fate was sealed. Why would you pay HRB $200 to do your taxes when you can pay someone qualified in India 2 bucks?

What a great synopsis of what can go wrong in 200 short years.

If you do then why do you say ignorant things about people who happen to fall on hard times through no fault of their own? I find it hard to believe that you donate your time with the left hand and deliver 20 lashes with the right. And you don't know the first thing about me to assume you make...

Why don't you drive down to your local hospital and donate some of your time and stop wasting it sounding like a pomous arrogant asshole on elite-fucking-trader.

too funny!

Just trade futures. If you're trading options you are using leverage. Why trade instruments that have potentially wider spreads and higher taxes?

That I would agree with.

The US currency will be replaced with another currency -- probably a worldwide currency -- and then the cycle will repeat. In the short run, Gold is the place to be but in the long run another fiat currency will emerge to replace Gold once again and then that fiat currency will be destroyed...