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What all the righteous "Pay Your Bills!", "Deadbeat!" crowd fail to understand about the consumer debt game is one thing: IT'S JUST BUSINESS! Well at least for those who are actually approaching it that way. Those who just run up bills they can't pay with no plan are just idiots. But...

Now that's an ASS!

That is not an ass, that's just ugly fat & cellulite.

Yet, you are defending the government bailouts. seems a bit hypocritical to me.

Why do you get so animate about it? Are you employed at a collection agency or a junk debt buyer or something? He is free to make whatever choice he wants & pay the consequences. It should be pretty obvious that in this country, it's quite acceptable & sometimes "a smart business move" to...

Oh you must be talking about the secret gay porn site where you're being prepped for your initiation. Yeah have fun with that one, fruitcake.

Exactly. It is well established that GS, MS, JPM and the likes are total crooks. So why do business with them if you're afraid of getting screwed.

No that is already happening. But the whole system is cracking & it is going to crash. I think some of the "deadbeats" have a point. Look at the precedents being set by the big IBs, AIG, big autos, etc. Look at the mortgage bailout. The message is that if you're paying your debts...

Bet you on what? That it's going to get much worse, there will be food shortages, drinking water shortages, there will be shantytowns, there will be wars & riots? I've already made a bet, and winning it is my well being, survival & prosperity. If you want to make a bet, then go long USD...

Newsflash! That is going to happen anyway, except now, it's exacerbated to yet another degree.

You know, after reading your posts, I finally can apply the verbatim "shit for brains, diarrhea of the mouth". Stop spewing your retarded shilling lies. Noone has been funded. You're too fucking stupid to realize this, but a number of us joined Doug Allen's forum out of curiosity and simply...

Considering the OP is likely not a hot chick with big tits, getting a bartender gig that will make him even barely decent money is very hard. A waiter is easier, but in these times, restaurants are hurting.

No, it's just that you choose to be a retard, so don't let me stop you, as I really do not give a fuck and your entertainment value has worn off. Plus, I gtg anyway. But in the extreme case you do wish to get your head out of the gutter, I suggest taking a Risk Management & Insurance course at...

Excuse me, but a "counterparty of last resort" is not the same thing as AIG being the primary & only counterparty. CME will enforce legal action on the defaulting counterparty and take all steps required to recover whatever they need. They will also attempt to find a substitute counterparty...

The only one left behind was you by evolution. Retard, I never submitted anything, so thanks for confirming that you are a shill that just spews out nonsense. And the forum is no longer private, you can invite anyone you wish to it. So feel free to invite the rest of your peers from the...

Actually I take delivery on metals, I leave the mini-oats to you. And because there is concern in the physical bullion industry over CME, I had to do my due diligence. CME is not a dealer or broker or a counterparty, it is an exchange. Something you obviously have not realized. Don't get...

Do you purposely try to be so dense? You're trying to equate insurance with speculative market instruments. Putting that aside, AIG wrote out insurance on mortgages that by no logic whatsoever could be serviced, let alone be repaid. A bit different from someone writing OTM puts...

I suggest you actually deal with physical deliveries on CME traded products before opening your mouth on the matter. Because you are implying that CME is the counterparty who has to deliver, when CME does not take any proprietary positions and only enforces the obligations. I also suggest you...

Do you know why the margin is so low? Because the chance of the far OTM put becoming deep in the money is that low. Quite different from writing insurance on mortgages that are near guaranteed to default. But then judging from your real estate posts from years back, it's obvious why you...

CME = exchange AIG = counterparty