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    Bailout Running Total: 3,450,000,000,000.00 (with a T)

    Awe come on.... Did not Paulson and Bernanke say subprime issues were contained? ................................................................... And now Paulson will not even let the government know where the money is.... He probably doesn't even know.... And remember the...
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    It’s 2008. The U.S. Has Dragged the World into a Depression.

    SouthAmerica has made a lot of good calls......and seems to work really hard at trying.... I enjoy reading your material SA......keep up the good work !!!!! My opinion is that SA writes what he writes because he really likes the US.....and vents his concerns in his own way..... Like...
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    Some Good Things That Will Come From Obama

    Hey.....maybe he's starting close to the bottom.... And will look like a hero within the 4 year period.... Who knows....
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    Common Sense.... Boone Pickens

    When GS , MS moved to become banks.....the leverage allowed the big hedge fund customers dropped like a stone overnight..... GS and MS served more of these type funds than anyone in the world..... This is proof positive that the move in oil prices was due to hedge fund speculation, and not...
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    Common Sense.... Boone Pickens

    Just 62% down.....and it is going to be a lot more down...before it goes back up..... What is interesting is if the US will put just as much emphasis on finding alternatives to oil when oil is $40 to $50....... And ....other good products are becoming better known...
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    Is the US....A Giant Iceland ?

    Look familiar ? Peculiar Central Bank governance structure Adding to this is the peculiar governance structure of the Central Bank of Iceland. Uniquely, it does not have one but three governors. One or more of those has generally been a former politician. Consequently, the governance of...
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    Getting Back To Basics

    Depends on the distance and dangers on the way to the happy place where they sell them...... ...................................................................................... What is obvious is that there are a lot of parts to a price....a lot of which are not broken out and...
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    Is the US....A Giant Iceland ?

    Good post...as always.... The focus right now is to make obvious to the world....what is at the root cause of both Iceland and the US in terms of the current financial problems.... We can give these people the name .."The Chipsters"... What this means is that you have people of...
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    Getting Back To Basics

    What percentage of a US made car price...are the actual car components ? And how many components could be eliminated such that one could still move from A to B ? ........................................................................................... How many people like Paulson are...
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    Is the US....A Giant Iceland ?

    http://www.nakedcapitalism.com/2008/11/first-casualty-of-crisis-iceland.html Iceland just goes to show.... Yeah.....it can happen........
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    The Great Bond Market Crash Of 2009

    http://www.atimes.com/atimes/Global_Economy/JK12Dj07.html
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    Bailing out US auto

    The name GM deserves to die..... But it has plenty of organs that are still good.... .............................................................................. Firms are going to buy these organs for cheap....and they are going to be wanting to sell electric cars to you.....hiring...
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    Doctors Ban More Medical Schools.....Greater Number of Students....Protect Incomes...

    rs5781 almost all health care costs occur at the end of one's life... no wonder doctors and hospitals are against the "right to die"... ................................................ Children...and old people..... In an odd way......the greedy side of the DR profession makes them...
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    Doctors Ban More Medical Schools.....Greater Number of Students....Protect Incomes...

    Good articles !!!!!!! Thanks Nevadan...
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    The Truth About Commodities, including Oil - Complete Speculation

    Stone cold proven...Speculation Proven ? When GS and MS shifted to banks....the margin levels were dropped....and positions liquidated.... And just look Merry Christmas.... Oil going to $50 by December..... .................................................................... And...
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    Doctors Ban More Medical Schools.....Greater Number of Students....Protect Incomes...

    Here is the point.... http://www.medicalnewstoday.com/articles/108045.php Notice ...the word is medical liabilities....not garbage collectors... .................................................................................. So....the amount of money that is involved in medicine...
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    $57 Trillion Unfunded Medical Liabilities

    http://www.medicalnewstoday.com/articles/108045.php One would think there is a better way .....
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    Wall St bonuses should go to ZERO

    Same incestual corporate/government revolving door... http://en.wikipedia.org/wiki/Henry_Paulson Check the background.... The SEC is riddled with this shit all over the place.... Time to burn it...and start over.... The Right Way....
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    Wall St bonuses should go to ZERO

    This is a very simple matter.... The people are the company.... The company has fucked up....beyond all belief and amazement and have taken down a lot of innocent people....ie MS, GS....and OIL Prices....FOOD Prices.....Hedge fund leverage and oversizing the actuals .....Same in emerging...
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    Has the next great depression already begun

    Good posts.... All in all....time to clean house ...so to speak.... And get far more efficient across the board...... It makes no sense to continue the carrying of losses via socialistic means.....This is just like burning stacks of money for no reason...
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