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Excerpt regarding President Obama: http://www.marketoracle.co.uk/Article11989.html Barack Obama became the 1st Generation Xer to be elected President of the United States. His background is a classic Nomad story. He has lived the life of a wanderer, living all over the globe, a child of...

I don't know if I agree or not, LONG TERM (I definitely don't agree near term), but have you read 'The Fourth Turning?' It's highly supportive of your position, in addition to many of mine. Some people call me pessimistic, but I swear I'm just a realist...

-continued from above- The Third Turning, called an Unraveling, is the opposite of a High. Individualism rules, while establishments such as government, religion and military are increasingly weak and discredited. Neil Howe describes a typical Unraveling: "This is a time when social...

http://www.fourthturning.com/html/fourth_turning.html http://caps.fool.com/Blogs/ViewPost.aspx?bpid=228215&t=02007718965682909770 http://seekingalpha.com/instablog/399221-graham-and-dodd-investor/13448-the-fourth-turning http://crab.rutgers.edu/~goertzel/fourthturning.htm Baby...

Add to this that a lot of dealerships and automakers have reduced incentives during the CARS period, many of the cars being traded in still have some value (e.g. a 1995 Ford Explore or 1993 Chevy Silverado with 100k to 150k miles are probably worth at least $2,200 if not more), perfectly good...

If you see prostitutes holding signs reading "BJs for food," the depression has arrived.

Why not just let a huge monopoly (in addition to OPEC, which can't operate in the U.S. by law) buy up all the oil distribution rights and oil supply sold into U.S. terminals, and then control the price of an essential resource, upon which the U.S. economy literally runs, and institute a pricing...

This is known as the Hooker&Blow index, and they are talking about an ETF to trade this. Thought everyone should know that George Ellison, the George Ellison whose behavior in Vegas a few years back scarred employees into leaving BAC for UBS (after they were threatened to keep it on the DL)...

China was subsidizing gasoline and diesel so much during their growth boom in 2005 to 2007, that a gallon of diesel was costing 90 cents and a gallon of gasoline was about $1.40.

I'm cherry picking and selecting a particular portion (the above one) to ask you a serious question. Is it possible that your admitted bias (i.e. that high oil prices benefit society and the planet) affects your objectivity as to whether speculation and manipulation drove oil price beyond...

There's overwhelming proof. http://hsgac.senate.gov/public/_files/052008Masters.pdf You have about 1/500th of the knowledge, experience or credibility of Michael Masters.

If you're long X, you may want to at least consider selling. For those who were in this at $170, they'll probably never recoup their losses.

More of your taxpayers put to brilliant use. /sarcasm. $3,500 to $4,500 vouchers costing $20,000 in taxpayer money... http://www.automotivedigest.com/content/displayArticle.aspx?a=60466

U.S. Steel Reports Net Loss as Demand, Prices Slump (Update2) Share | Email | Print | A A A By Jack Kaskey July 28 (Bloomberg) -- U.S. Steel Corp., the largest U.S.- based steelmaker, reported its second straight quarterly loss and forecast another loss in the current period as the...

If only they'd gone all in as of March? When most of them had just had 40% to 80% of whatever they did have invested wiped out? As in, if only they timed the market perfectly, just prior to their retirement? As in, there won't be a absolutely substantial equity market correction in the...

I remember a ton of people here rejecting the conclusions of Masters and his testimony to the U.S. Congress. It was painfully obvious to anyone at the time who had their eyes open that speculators were the catalyst for volatility of oil prices, as Goldman & their ilk put on long oil trades...

The Chinese save 50% of their wages. Urban or rural, it makes no difference. The urban professional class can consume nicer and more expensive things while still retaining the strong Chinese ethos to save half their income. This is the Chinese Government's dilemna, and has been all along, if...

I believe the contracts traded on the exchange were tracked, but the oil that wasn't physically delivered to a terminal, where inventory data is collected, is what affected price.

Absolutely. It was right about when institutional money came pouring in, such as university endowment money and mutual fund money, at crude 125+, that the top was near. But yes, they were buying long duration option contracts, and the truly clever were ensuring the leveraged amount of oil...

What's happening in China, according to those who've been there recently, like Pesek, is that a lot of the money the banks are loaning out under the Chinese Government's orders is being put to work in the Chinese equity markets by retail investors. In other words, the stimulus measures are...