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Not only has oil consumption grown at an anemic 3% per year, but Asia has cut their oil consumption 31% just last month. That was in part because China lifted fuel prices just 17%. Imagine how far they will cut back if their governments fully repeal subsidies. And I love how the oil bulls...

I'm not so sure. A 20% correction on low volume is historically conspicuous, IMHO.

Competent presidents surround themselves with competent people, who are truly gifted and wise in their areas of expertise.

What did W do for our deficits and national debt level?

It really is looking

What a sad tale. All that hype about corn and ethanol sucking farmers, both honest and greedy, into the go long corn camp. They ended up paying 2x as much for diesel, 3x as much for fertilizer (or more), and anywhere from 25% to 75% for everything else (equipment, seed, etc.) to obtain bumper...

There's SO MUCH money on the sidelines. You can't get a decent return anywhere on your money. T Bill buyers are getting incinerated. There are some sectors and specific stocks so irrationally oversold, it's silly (look at United Health). Any rally could be a big mofo here, especially if...

I know someone who invested well over 11 million dollars in acreage in Arizona back in 2005, during the peak of the housing bubble. There's only two problems. The boom since went bust, and there's a law in Arizona that says you can't develop a subdivision (plat) unless you can prove to the...

Americans better wake up before it's too late. Time is running short to try and turn the ship around.

Wow, just when I thought I couldn't respect Bernanke the Blowhard any less. No wonder we're in the situation we're in. What a galactic idiot.

GM may surprise some people as it moves to its global chassis - their new cars will soon be outstanding: http://www.autoblog.com/2008/04/17/officially-official-opel-insignia-revealed/

Two Words, BABY!!! DEMAND DESTRUCTION!!! It's here! Wait until the speculators get a load of that!

Oil's inherent value is about $55 a barrel, if the CEOs of the five largest oil companies sworn testimony before the senate is to be believed. So, they've said only $88 of the price of each barrel of oil is due to speculation.

Wild cards: Credit Cards & HELOCs. ;) CCs didn't exist during the Great Depression. HELOCs didn't either. They did have pawn shops, though.

You underestimate the will, desire and passion our government has for destroying our dollar. I call dibs at 10,200 (historically average 30% correction, typical of bear markets).

I'm learning how to say "Thank you sir, may I have another?" in Chinese (Mandarin and Cantonese). Thanks, Bush & Cheney (and Clinton)!!!

Until random strangers kick you in the balls after overhearing you mention the words "stock market" in a public place (probably because they just lost their retirement savings), the bottom is not in.

http://www.ft.com/cms/s/0/930127b0-44a7-11dd-b151-0000779fd2ac.html?nclick_check=1 The heresies and swamis that can hurt your portfolio By John Train Published: June 28 2008 04:25 | Last updated: June 28 2008 04:25 There are several heresies in the investment business that can harm...

Raise rates, burn the mother down (all the sickly banks and businesses) and let consumer reap the benefits of deflation. There's a reason why they intentionally start forest fires if nature doesn't burn the underbrush for a long period of time - because when the fire does begin, it turns into...

Let me ask you four questions. 1) What impact is raging oil and commodity inflation having on the global economy? 2) Has lowering rates and keeping them low in the U.S. stimulated banks willingness or ability to lend money? 3) Has lowering rates and keeping them low trickled through and...