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  1. K

    Breaking News: US Trade Gap Shrinking

    It's shrinking because we're exporting more AND buying less shit from China. CPI numbers show that we're buying more of our own shit.
  2. K

    Breaking News: US Trade Gap Shrinking

    "One of the few bright sides of the global recession has been a steady improvement in the U.S. trade deficit. After expanding to as much as $68 billion a month in 2006, the trade gap shrank to just $27 billion in June. Imports have fallen in 10 of the past 11 months, a reflection of weak U.S...
  3. K

    9.7% unemployment Green shoots?

    I live here. It's not that high.
  4. K

    Its your turn to vote here on the Goldman Sachs-gate conspiracy

    Many of my friends are govt. contractors and they all make 6 figures. The govt. pays much better than it used to. Also, do you know what Bernanke did before he was the Fed chairman?
  5. K

    Its your turn to vote here on the Goldman Sachs-gate conspiracy

    You made a title with the word "conspiracy" in it. You basically attracted the nutjobs and cranks into this thread - likely people who think fluoride in the water supply is for mind control. There is a simple answer to your question of why there is no investigation: because there is nothing...
  6. K

    US commercial real estate - simply awful

    This can be be said of any asset in any market. The ones buying now should be the ones that can afford to lose. You avg. down a real-estate portfolio the same way you do with equities and derivatives. People can relate now to the 30s all they want, the difference is before and during this...
  7. K

    Its your turn to vote here on the Goldman Sachs-gate conspiracy

    People are always pissed at the most successful companies; to the losers everything the winner's do is unfair.
  8. K

    Barron's: "Can we survive another 4 years of Bernanke?"

    To me high double-digits are 80s and 90s - we have what, 15% ?
  9. K

    Timmmmmberrrr!

    So are my Lions.... ;)
  10. K

    Geitner: Auditing the Fed is a “line that we don’t want to cross”

    I agree - but people are talking like the Fed gets all this money from the govt. When it comes to the bailout funds I agree we should know where the money went, but let's be serious: the treasury already knows where it went. The fed shouldn't be telling us where it went, the treasury should be.
  11. K

    Geitner: Auditing the Fed is a “line that we don’t want to cross”

    That is the biggest load of crap i've read in a long time. The money supply consists of Federal reserve notes - there is nothing else that is legal tender in the US. Also by your reply you clearly have no understanding of what the fed is. THE FED IS NOT A SINGLE ENTITY. There are various...
  12. K

    Geitner: Auditing the Fed is a “line that we don’t want to cross”

    Why are you attacking them? It's foolish to think either of us know enough of what's really going on to say one way or the other if things are good or bad. I do have news for you: the stock market is manipulated. It's manipulated by the people with the most money: the ones that move the...
  13. K

    95k shares of fnm @ 0.67

    sold about 30% of the initial lot. Avg price no is around 0.80.
  14. K

    Geitner: Auditing the Fed is a “line that we don’t want to cross”

    It's foolish that the dollar, for the rest of eternity, will only get stronger and never get weaker at any point in time. Every market moves up and down - you should know this.
  15. K

    Geitner: Auditing the Fed is a “line that we don’t want to cross”

    We, as taxpayers, don't own any shares in the Fed. Your analogy is fail. A reserve note is NOT OWNERSHIP IN THE FED - IT"S A MARKER FOR SOMETHING THE FED HAS. When you play poker in a casino you exchange your dollars for poker chips - this doesn't mean you own part of the building or part of...
  16. K

    Geitner: Auditing the Fed is a “line that we don’t want to cross”

    I don't get your point. Who cares if the dollar gets weaker - everyone else's currency is in bad shape as well. The treasury collects tax revenue. The Fed issues reserve notes backed by its member banks.
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