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Yeah cause that strategy worked wonders with the TARP bailout. [B] Like they give a shit

Any company worthwhile had no problems raising capital. If there is a real need, there is a source. Nowdays most of these companies are just paper. Look, companies looking for capital seek liquidity from institutions, not daytraders who are buying and selling their stock every 3 seconds...

Not really. The dollar became a full fiat and rampant inflation became a reality. Increased costs of living & materials made manufacturing an offshoring target. Add in growing personal taxes which forced wages higher and legal costs. The financial (and legal) industries grew because they...

Were you laughing at the Euro also?

If it was not for Wall Street, those companies would have never reached the type of nonsense they got into. Since 1980s, any public company is more focused on financial engineering & its stock price rather than real activity, albeit a few exceptions. The big chuck are financial services...

The average Joe Blow daytrader era is about 15 years old. You gonna try tell yourself that before this time companies were unable to raise money? Come on. Financial markets depend on real production & real companies, not the other way around. Most of the financial markets activity...

So what do you think is going to happen with the trillions of printed dollars hitting the country?

Actually, this is not necessarily true. The best example you can point to is the Tulip bubble, which when researched, had derivatives & options at the core of the issue, which exacerbated the greed mania. Another issue is that rarely does any book or account on it point to what happened to the...

This tax will not pass without exemptions for the biggest financial parasites such as Goldman, JP Morgan, Morgan Stanley, etc. As for people dying of hunger all over the world, that is intentional. The real problem is a lot deeper than you realize.

Good post.

I made a living from trading for years, with which I was able to save a chunk of capital to move on to new ventures. No huge financial losses here, actually no net losses at all. While you are obviously losing your money while deluding yourself that you are some super trader. [B]...

There is an active market of small businesses being bought and sold. You can find a small business broker relatively easy.

Well, that's pretty much the bottom line. After all, Wall Street was far from a clean operation when it started. It is what it is. After the fleecing of the general public in 1929, the general public reacted as anyone with common sense would. They chose not to deal with the sheisty...

Maybe you're simple and can't see how it works. Level III assets is how banks bolstered their balance sheets and were able to lend out more and more. The mortgage derivatives were that profitable because of it. Along the way, people are collecting commissions & bonuses, so everyone plays...

Fed chairman HAS NO POWER. Find me one credible source where it states otherwise. Once you get over the fact that the owners of the Fed make the decision, not the guy chosen to do a Public Relations job, then you can make a step forward. It was during Greenspan's time that the specific...

Yeah, my comment is worthless and that's why you chose to write two paragraphs worth of bullshit with a feeble attempt to justify yourself. You would do yourself a favor by realizing that you do not know what you're doing. Because once you will recognize that, you can start on the right...

Your experience from 1993-2000 means nothing in today's environment. If anything, it's a hinderance. If you can scrap together $5k, you can get an account with leverage and even trade remote. Otherwise, there are only a few firms which will let you start with no money down, like Trillium...

LOL, no it was not. The reality is that you don't know what you're doing.

First of all, a jeweler is not a bullion dealer. Second of all, it is their job to win. Apparently you finally figured out the concept of a dealer in business. Third of all, the bid-ask spreads at the bullion dealer, a good one, are a not gigantic at all. And if the jewelers are asking...

Yeah, go out there buy some real estate, enjoy the much increased owner costs with decreasing leases. Or buy some stocks, because their earnings & balance sheets are so honest. People are turning a FIAT form of exchange into a REAL ASSET form. But judging your belief into the good will of...