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    The Greatest Depression Is Coming

    Also reduce taxes on Corporations. The US has the 2nd highest Corporate Tax rate in the world. Ireland got their economy out of a protracted funk by offering huge tax incentives to Corporations who invested there. The same can happen in the US but without inviting foreignors in. Simply give...
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    The Greatest Depression Is Coming

    No, I believe the last one was Andrew Jackson. Oh wait, Old Abe too.
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    Goldman Sachs: Pic of the day

    You're still missing the point. It's the banking system and the bank's power to create money - cascaded from debt - that is at the heart of the problem. The Federal Reserve and the member banks have complete control over the US Government. I could post credible source after credible source...
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    Goldman Sachs: Pic of the day

    A more credible source http://www.nytimes.com/2008/10/19/business/19gold.html
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    Goldman Sachs: Pic of the day

    Asiaprop, I think you are missing the point of these GS threads and why people are so upset. GS is not the real target of these discussions. It's just so happens GS has conveniently landed in the cross-hairs because of their obscene profits. What the true issue here is the entire system...
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    Goldman Sachs: Pic of the day

    Now you're getting to the crux of the problem. It's foolish to think the people ELECT our politicians. Yes, a vote counts and we get to choose but choose what? We get to choose from a pool of candidates delivered to us from Washington and when one does arrive from outside of Washington she is...
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    Goldman Sachs: Pic of the day

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    Goldman Sachs: Pic of the day

    NO. Do a quick check of who runs the government and you'll quickly find Washington is littered with former GS execs. They are "too big to fail" (which is total bull shit) so they will be bailed each and every time they blow themselves up. This will continue until the People of America decide...
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    What happened to Private Mortgage Insurance (PMI)?

    I had to pay PMI on the first house I bought and I can assure you I didn't have a 500 credit score -- I don't know what it was because I hadn't even heard of a credit score back then but I had excellent credit. I was starting out and I didn't have 20% down. These are good programs because...
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    Conclusion....Consumption Tax Needed

    Be careful what you wish for. If we do get a consumption tax it <b>will not</b> replace the income tax, it will be in addition to it. There's no way in hell the IRS is going to give up the power and access to information they have by requiring you file an income tax return.
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    "The Great Depression: A Diary"

    We have Hitler to thank for getting us out of the depression. It might take another event like this to accomplish the same. A full, escalated war in the Middle East perhaps? Bush always said history will be his final judge. Maybe Bush laid the path to prosperity back when he wanted to get...
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    "The Great Depression: A Diary"

    Politicians love Keynes because it gives them incredible power. If Classical Economists got their way the government has to take their hands off the wheel.
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    "The Great Depression: A Diary"

    The last stimulus package was a complete joke. Put me in charge on the next one and we'll by flying around on double decker freeways, building bridges across bodies of water (think San Franscisco -- if there was ever a city that needs more roads/bridges to relieve the congestion), rebuilding...
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    Oct 20 2009, PBS frontline the warning.

    No one in Washington is contemplating this because the seats in Washington are occupied or paid for by the bankers. The US Banking Cartel is going to destroy this country.
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    Proof of Jim Cramer

    LOL. Give him hell atticus. Don't feel bad futstrader111, I had to look it up. :(
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    Do not buy a house! "Foreclosures are going to explode again"

    Chicago isn't the murder capital of the world, Gary Indiana is. Chicago is just the neighbor but probably takes a close second.
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    Goldman Sachs: Pic of the day

    Another fox in the hen house.
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    Goldman Sachs: Pic of the day

    Back in the day when GS was in its infancy there was no way to know they would become the financial giant they have today and it's quite possible that some company may be forming today that may evolve into the next giant that will knock GS off its perch. GS has evolved into the modern day giant...
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    Goldman Sachs: Pic of the day

    And the $5B they got from Buffett and Co., which they are paying 10% on along with the option to buy warrants at 115 over the next 5 years. You don't give someone that kind of deal unless you are "pissing your pants" desperate.
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    Goldman Sachs: Pic of the day

    If GS hadn't reached into the taxpayer's pocket we'd all be sitting here admiring their performance, whether it's partially derived from inside information or not. They blew themselves up last year and if it wasn't for you and I they wouldn't even exist. I'm not the average American sitting...
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