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That is such a simple solution but yes, how do you get people to do it? It's all about perception. People believe JPM is safer than XYZ Neighborhood Bank, which simply isn't the case. I closed all my accounts with Chase (even though it was a pain in the ass) because I just don't want to do...

I owe $140 on my C credit card. Regardless of whether they raise my rate or not I will pay this off when the bill comes in and I'll never use this card again. I will never go business with C ever again. What criminals!

I got an 845 credit score and they haven't raised my rate yet. Is there some criteria they are using to select accounts to raise or are they doing it across the board. My wife has a card with a $59k credit limit and her rate is still 13.99%. Perhaps we just haven't gotten our notice yet.

Have you not played monopoly? Invest $200B in Canada, another $200B in Mexico and poof! You just bought the entire North American Continent.

Hilarious, why is it that everyone who talks about Cramer and his picks starts with..."I don't watch the show but..." That's like "My friend has a drinking problem but..."

Well shit, if you paid me 10M per year to get on TV and make predictions on something I know nothing about and run around and scream and push buttons that make idiotic sounds and act like a pure lunatic, I'd do it.

I haven't watched the video but yes, shares actually can be created out of thin air via naked short swindling, much the same way money is created out of thin air. I suppose you could say the US economy is just one big collection of thin air.

Hoodooman? YoudaMan!

Correct. It's just an accrual account for the entire quarter. If an investor does not withdraw any funds during the quarter then there isn't much difficulty assigning the accrual amount. If they do withdraw then it gets a bit messy. Lockup periods are typically to keep accounting easy...

You list it as an accrued fee to the investor each month and reconcile it at quarter's end.

Nah, it's not that. This is an indirect way of bailing out GM. A large part of their revenue/profits are derived from lending activities rather than manufacturing activities. If GMAC falls GM falls.

I cash out trading profits each month. In the event that trading profits are low I will sometimes withdraw equity with the intention of replacing it at a future date with trading profits. If I have a negative month I typically forgo a check. Trading can be a harsh business. You have to be...

Good Grief.

Nope. I just wanted to get a feel for your thoughts. You are right on cue.

There you go falling into the stereotypical trap. What you see on your country's nightly news is often far from the case. Our media presents the popluation in the Middle East as nothing but terrorists, as though the entire continent is a terrorist state. You rarely get to see the parts of the...

Can you give an example?

Exactly. The international community equates the will of the American Government with the will of American Citizens, and that couldn't be farther from the truth.

LOL. I know a few arrogant Frenchmen or Germans, perhaps even a few Iranians. Arrogance is widespread around the world. It's part of the human curse.

There is no worry about the FDIC. If they need to back the assets of some bank they simply go over to their computer and type in whatever number they need and then withdraw that number from their current balance. If their current balance gets too low then the FED goes over to its computer and...

The only way to fix the problem is for the citizens of the US to unite, which isn't something that can be planned or coordinated. It's something that happens on its own. No one drew up a formal game plan for the Revolutionary War. It was based on a series of events that pushed the population...