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Well, I'd agree for the most part BUT the sad fact is that the whole thing collapses unless they continue to create more debt. The private sector crapped out in 2007-08 and lo and behold the public sector stepped in to fill the void and to create this wonderous artificial reality of sorts...

lol, I love these apologists with their cherry picked exceptions to the rule. And the "so dark you could almost call him black" would be considered extremely racist by their own hyper-sensitive standards. I can just picture the "Ministry of Racial Integration" showing up at Ricter's office...

Basically, the "new money" hedge funds did their best tear down of the "old money Greenwich" and built their estates all over the place. I think the Greenwich of the 80s represents the sort of class that has been driven out by this current generation of hedge funders. I remind people that...

It really proves the point that it's nothing more than a politicized index. The S&P has doubled in just over 2 years off the lows and all these pols. are concerned with is the bad press from the market selling off. It's beyond pathetic. If not for the doubling in the price of gasoline over...

That is a tremendously impressive pic. At first I heard the height and weight and didn't figure it was muscle, but now I get a better idea. Hard to believe you aren't under 8% body fat based on that pic.

The equity indicies, in particular, aren't forward looking. They are like the retarded cousin in relation to every other market. Of course, some might argue that the market itself isn't really a "market" after all, but sort of a quasi-political index that provides cover for all the failed...

I'll entertain your proposal. First, you have to define "rich" in our current upside down, Quant easing society. Rich relative to the exorbitant costs of a major illness has to be considered as well.

That's the nexus of the problem. A million dollars just isn't what it used to be. Meanwhile the guy with nothing gets it all taken care of..hell the guy in prison gets cared for... Like I mentioned before, there are many schemers out there who have figured out ways of getting assets out of...

Did you just fall off the turnip truck? People have and continue to find all sorts of loopholes to qualify for medicair/medicaid. Transferring assets out of their names are at the top of the list... As everybody knows by now, those at the top have the means to pay for the bloated...

Yes, he follows the tried and true formula of "always have a more bullish forecast than your competitor" to win the hearts and wallets of every perma-bull fully invested pension fund manager.

Which kind of reminds me of the whole concept of a "toll road" or a toll, in general. It's always floated as a "temporary tax" to pay for the construction of a highway or roadway...that is until, the politico's just love the windfall of steady CASH into some black hole and they hire a bunch of...

That's my take on it as well (I've tried to tell our resident Obama-ite AK47 umpteen times that the independents have all jumped ship at this point). The eight years of Bush put Obama in the White House and with record setting approval ratings based on nothing more than his regurgitated...

I agree, he hit the lottery as he happened to be in the right industry at the right time. I don't particularly like the guy either, he has a very strange vibe about him.

It's more a matter of approaching the "tipping point" of an economy. The number of households on food stamps, in foreclosure, unemployed, underemployed, without health care, in need of student loans, etc, etc...I believe it's part and parcel of the nefarious plan to create persistent inflation...

I guess I still fail to comprehend what differentiates Mark Cuban from any and all hedge fund managers, traders, investment bankers, etc...It sort of sounds as though you resent any and all people who acquire their wealth thru asset inflation? I don't disagree to be honest as I've written...

Exactly! Which is why putting more formerly middle class into the poorhouse is their attempt to garner even more future voters. These vermin know that without all of the public entitlements, it's quite possible their voting base might disappear.

Exactly right. The housing bubble was engineered to offset the "potentially deflationary effects" of the tech crash. By 2001-02, we were already well into the offshoring of jobs and the lack of purchasing power for the consumer. The housing bubble was another attempt to inflate household...

This country is being run by a bunch of children. Not even bright and sensible children, but spoiled and arrogant children.

While I agree that GM's working under a tighter leash deserve more admiration, there is still something to be admired about an owner who actually WILL spend the money and build the product. But I suppose the main problem I have with your criticism of Cuban is that you seem to resent the guy...

It was painfully obvious years ago that all he was after was attention and his prized "views". When he was banned from this site, it appears that he created dozens upon dozens of aliases just to get his daily fix of attention.