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In 20 years, the real middle class, as a % of the U.S. population, will be half what it is now, and the underclass will be 3x as large.

...while we know what happens to firms on Wall Street that help no one but themselves and not only own politicians, but have their people working in the highest levels of government. CIT Group backstops the business operations of 900,000 small U.S. businesses, many of the small, and the...

As we know, There are known knowns. There are things we know we know. We also know There are known unknowns. That is to say We know there are some things We do not know. But there are also unknown unknowns, The ones we don't know We don't know. —Feb. 12, 2002, Department of...

If things get absolutely horrendous, ammunition is worth its weight in gold.

If you owe the bank 1 million, the bank owns you. If you owe the bank 25 million, you own the bank. In general, I agree with the OP, however. Only the debt free will live to fight another day, for the most part. Most everyone else is an indentured servant.

I couldn't agree with you anymore, except the last part, as I feel things are so heavily manipulated with dark pools and the rest (if people claim I'm a whacko CTer on markets, that's fine; I can live with that), there is no true market which digests true economic data and reacts rationally...

Biggest BS rally of all - laughable. J-O-B-S

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Your thread title states 'Supreme Court,' when, in fact, it's a superior level court in California - and a "Superior" court in California is a lower level court much like a state circuit court in most other states... I'd suggest you not intentionally suggest the SCOTUS is hearing this case...

Read this article. It's outstanding. http://www.bloomberg.com/apps/news?pid=20601087&sid=aaJY_J1100Yg Mobius Says Derivatives, Stimulus Will Trigger a New Crisis Share | Email | Print | A A A By Bloomberg News July 15 (Bloomberg) - A new financial crisis will develop from a failure...

F**k!! How hard is it to see that no recovery is possible when there are legitimate forecasts of OFFICIALLY PUBLISHED unemployment rates as high as 16%, never mind the real rate. Anyone buying this recovery bullshit and investing accordingly, with a few, repression beating exceptions, is...

What's stopping you from buying in now?

Zuckerman absolutely nails it. Even Laffer and Kudlow are forced to shut their pieholes except to agree with his absolutely correct analysis.<param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/>...

INTC is a shit stock and PC makers are basically surviving on low margin netbooks and peripherals in TSE (this shitty economy). wtf has ever made serious money with stocks like MSFT or INTC?

He says it's the only way to get the banks' attention. Airtime: Tues. Jul. 14 2009 | 2:22 PM ET Discussing new strategic defaults for people who need help with their mortgages, with Terry Gilliam mortgage broker; James Pethokoukis, Reuters Money & Politics<param name="type"...

This guy is the biggest knob I've ever seen in my life. He relies on a research note today by the geniuses at Merrill Lynch, which has a habit of being the ultimate fade (Blodgett in 1999; housing in 2005), as proof that his call was right. Before you hastily criticize me for coming to that...

In Germany, becoming a highly skilled trade is still view favorably. In fact, if one is not excelling academically by the time they're in the latter stage of high school, students are steered into such vocational training. I agree that many colleges churn out worthless (as in practical...

Just look at those things! (posted for the advantage of the night crew) Those are "priced for perfection," huh? Know what I mean? Yeah.

This included a one time EU antitrust fine writeoff. .18c vs .28c last year... Having said that, INTC is incredibly optimistic in its forecast, and I think they're full of shit. This is a great time to sell the news.

Even though Landis angered me earlier, I must concur with this very salient point he is making.