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  1. K

    NASA Discovers 700 new planets - 140 similar to Earth

    We have to discover them before we can get to them... In time, I am sure we will be able to get to them. Think about life 100 years ago. Who would have thought it was possible to land rovers on Mars, send satellites to Pluto, etc.? Eventually man will travel great distances in space. It...
  2. K

    Why the National Debt Can’t Be Paid Off

    The Fed doesn't force the Treasury to borrow money... Here's a thought - stop spending more than you bring in. That would pretty much do it right there.
  3. K

    NASA Discovers 700 new planets - 140 similar to Earth

    http://www.foxnews.com/scitech/2010/07/25/nasas-deep-space-camera-locates-host-earths/?test=latestnews Interesting news from NASA. The new Kepler Mission has discovered 700 new planets, 140 of which are expected to be similar to Earth. It was previously thought that most planets outside of...
  4. K

    Life's Tips

    Wow that store owner is making some crazy margins if he can drop his price for a bottle of pop 20% and still be happy about it...
  5. K

    Which country do you think is a police state?China?UK? Think Again.

    Just look at the whole retarded Linsay Lohan ordeal. Sentenced to 90 days - will serve something like 12 days due to overcrowding. Something is wrong here.
  6. K

    The Taxes Are Coming, The Taxes Are Coming

    I agree with this point. Which I am against raising taxes on the rich, as some in this thread have proposed. I would much rather see that money in the hands of the rich than the government.
  7. K

    The Taxes Are Coming, The Taxes Are Coming

    Poor people have an idea. Rich people fund the idea. Poor people would be nowhere without the capital of the rich. I am not sure why you are championing for the poor - maybe you are poor. But be realistic. Rich people run the economy, run the world, and always will. Your notion of a...
  8. K

    The Taxes Are Coming, The Taxes Are Coming

    The basic fact is that there are two ways to create jobs. Rich people or government. Poor people do not create jobs and never will. So would you rather level the playing field and have the government control jobs? Or allow rich people to create jobs, making themselves more rich in the...
  9. K

    The Taxes Are Coming, The Taxes Are Coming

    No doubt the rise of Asia will eventually shake up the reserve currency scene. But Zimbabwe? You're on your own on that one...
  10. K

    The Taxes Are Coming, The Taxes Are Coming

    Admitting such a mistake would be political suicide. Obama may be a bad president but he is not stupid.
  11. K

    The Taxes Are Coming, The Taxes Are Coming

    You think some jerk-off redneck is going to create a successful construction company? A chain of retail stores? The only way to "level the playing field" is for the government to confiscate personal property and dictate the terms. Where have we seen this disaster before? Face it - the...
  12. K

    Canada’s economy slowing sharply, central bank says

    Canada is one of, if not the only, major Western economy not heavily burdened with debt. In theory, Canada will not need to slash spending and hike taxes. This is a great relief to me as a Canadian citizen. As long as the Conservative government remains in power, I feel confident. But as...
  13. K

    The Taxes Are Coming, The Taxes Are Coming

    Your view on the matter is too narrow and short sighted. Disproportionately taxing the rich is an attempt to make things "equal". It destroys incentive to produce wealth because the rich don't want to give all of their hard earned money to an undeserving government. So what do the rich do...
  14. K

    Canada’s economy slowing sharply, central bank says

    Slowing down from 6.1% is not unexpected. However the new 3.5% forecasted growth rate for 2010 is below the previously expected 3.7%. Housing has cooled since the BOC has raised rates 50 points. The main indicator is the labour market. Canada is creating jobs every month and has already...
  15. K

    Canada’s economy slowing sharply, central bank says

    LOL You are crazy if you think the olympics can bring a 6.1% quarterly growth rate to a country...
  16. K

    The Taxes Are Coming, The Taxes Are Coming

    Very niave IMO. 1. Tax cuts provide the government with less money, and yourself with more money. 2. The rich employ the poor.
  17. K

    The Taxes Are Coming, The Taxes Are Coming

    Surely you see the difference between the USA (largest economy in the world) and......Argentina?
  18. K

    -to those who use calculated averaging down..

    Comparing a weeks long position vs. intraday position. Overnight positions have a higher probability for large drawdowns due to a gap against you, due to news or just because. To compensate, you need more capital to sustain possible drawdowns, when compared with intraday. In your...
  19. K

    -to those who use calculated averaging down..

    Higher probability for large drawdowns.
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