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Exactly. Especially if she's hot and puts out regularly. Some people....

http://www.bloomberg.com/apps/news?pid=20601087&sid=a8EvQOfmB7l4&refer=home I'm cheering for the mutineers.

Posted before, but well worth another post so those who haven't read it, can: James Quinn is senior director of strategic planning, the Wharton School of Business, University of Pennsylvania.: http://seekingalpha.com/article/8872...st_popular_box

I'll go on a limb and make an out of my ass statement that the great commodity crash of 2008 has begun, and will be trumpeted as a cause to get bullish on the USD and equities yet again. If I'm right, it will be labeled as a lucky guess, and if I'm wrong, it will be painted as an asinine...

I couldn't agree more.

Your point has nothing to do with whether 'peak oil' resonates in truth, or not. Just because oil traders have made money off the oil trade being long doesn't prove peak oil theory as fact.

Pabst, you know we have our differences, as well as some common views, too. That's as it should be. But would you take me up on this bet? If you took credit cards away from Americans for one month - just one month - I'd bet consumer spending would fall the most it has in a decade...

If Aaron is right, and the Fed has the balls to say that they expect inflation to moderate (without rate hikes) in the near term (or 'coming months'), I will give up any last ounce of hope that I am reluctantly clinging to that the Federal Reserve has the ability to be anything other than a...

http://www.gebhardtbmw.com/terms-of-sale-2.aspx

SUV and truck prices will fall further, IMO. Americans are 'twice bitten once shy' now. We went through this before when gas spiked, then dropped, and people who paid over sticker for Priuses then got burned as the prices dropped to 6k under sticker. Then oil spiked to 148/barrel and gas...

They didn't even mention the housing repression (my word; a hybrid of mine meaning in between recession and depression). With so many contractors down and out, you'd think they'd mention the construction industry as a cause for plunging truck sales...

The answer is yes. And it will be there sooner than most think.

The problem, that compounds these already bad numbers, is that the reason consumer spending is up is due to inflationary spikes in basic staples such as produce, meat, gasoline, etc. So, any 'increase' in consumer spending can be attributed to the highest inflation since 1981 - and that's if...

http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=aV0fGRUoxg94 U.S. Spending Rises; Prices Jump the Most Since 1981 (Update2) By Bob Willis and Shobhana Chandra Aug. 4 (Bloomberg) -- The biggest increase in prices in almost three decades eroded consumers' buying power in...

That's okay. Read that second link. It's a real eye opener. CNBC has a vested interest in lying to the investing public. They only speak truthfully after the losses are announced or the crisis hits. Even amidst this incredible financial and economic crisis, which will only get much...

Agreed. http://www.elitetrader.com/vb/showthread.php?s=&threadid=133072 Also see my recent thread about the U.S. Banking System: http://www.elitetrader.com/vb/showthread.php?threadid=133197 Wharton School Professor makes same case - collusion between Fed Reserve, Treasury and FASB...

Google 'banks' and 'trouble' under news. Major shoes are going to drop this week. It's happening.

Have you seen the numbers on the Vegas Strip lately? http://www.lasvegassun.com/news/2008/aug/03/signs-are-dim-vegas-future/

:D True wisdom.

-PAGE 2- Below is Barry Ritholtz’ assessment of the Merrill Lynch deal: *Merrill appears to be moving $30.6 billion dollars of bad paper off of their books. *This paper was carried at a value of $11.1, meaning there was almost $20B in prior related write downs...