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Huh. And here I thought it was just Goldman Sach siphoning off their racketeering fees -- you win, they win; you lose, they win.

Oh boy, his boss ain't gonna like this :D

A safe alternative? ABC Bank down the street is just as safe as BAC. Shit, they may be more safe. BAC wants you to believe they are safer. They AREN'T!

They want a weak dollar. It allows them to pay down debt at reduced prices and multinationals can sell cheaper goods overseas. The weak dollar ("we support a strong dollar") is all part of the grand plan. They just need to be careful not to let it go so low that the international community...

All you have to do is close your Goldman Sachs checking and savings account that you opened at the local branc.....FUCK! How could I have been so stupid. That's right....<b>there are no Goldman branches.</b> There never were any Goldman branches because once those bastards were finished with...

I just did a quick revenue search among companies like AAPL, GOOG, KO, PEP, JNJ, PG, and more, and try and tell them there is a recession/depression. Revenue numbers for some of these companies is near all-time highs while others are back to 2007 levels and beyond. Hell, even BNI's revenue...

Goldman Sachs is pretty much a monopoly, which spells disaster for the US. A private bank can control the economy and money supply of the US and there really isn't much the government can do about it seeing as the government is largely occupied by GS Execs. The banking system won't go the way...

I know a bunch of blue collared people who are out of work but very few white collared. Blue Collar has been especially hard by this recession.

I keep buying because the market keeps going up. That's speculative!

Buy!

You still awake? :D

And it's only used when you need a quick infusion of cash for your sheer survival. Once you get it you can quickly convert to a Financial Holding Company to avoid all those nasty rules that prevent you from using massive amounts of leverage. If things go wrong the option to convert back to a...

It is no longer a question of whether Goldman is a liability to the taxpayer. It has now become a question of whether Goldman is a liability of National Security. I trust you have read this. Goldman Sachs is single handedly taking down the country and you're their biggest fucking cheerleader...

You can invest through your IRA in your LP but there are special circumstances that are too long to discuss here but suffice it to say, you have to be careful about what types of funds you commingle to avoid having to report to ERISA and you can't serve as both custodian and manager. It would...

You misunderstood me. It's speculation that GS would be on the top of the list of receiving trillions from the Fed. The rest is not speculation, it's a matter of fact. Read Carefully: <i>Then there is the trillions of undisclosed lending from the Fed last year. If we were to learn the...

You won't be able to reason with the guy. He still thinks GS was well capitalized last year, would have survived the collapse of the entire system, and was forced to convert to a BHC. They were also forced to give Buffett 10% preferred with $115 warrants. Then there is the trillions of...

If you do find yourself caught in the passive income net as a limited partner simply cite 1.469-1T(E)(6).

At the risk of sounding like a broken record, an LP solves all these problems as well. The OP would be investing in an LP. His activities in that entity would be treated the same as if he were investing in a Hedge Fund. All expenses are fully deductible and no self-employment tax would be...

MTM status can get very messy. You may have to fight with the IRS to make a distinction as to what account you want treated as MTM and what account you don't. If the OP has some personal investing that is non-retirement it can be a headache. Typically, the IRS will lump all of your...

Not true. A limited partnership does not pay employment taxes but can still deduct expenses.