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    Mitt Romney Says, "Let Detroit Go Bankrupt"...

    Also UAW has to give up some salaries and perks to save their industry. Just like Airline Pilots, Mechanics and other Crew faced nearly 25%+ or more cuts and for a while Airline industry was even profitable. However higher oil prices soon cut into the bottomlines....just like they did into...
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    Mitt Romney Says, "Let Detroit Go Bankrupt"...

    'The should go bankrupt and reorganize under chapter 11, the only way to do it.' Well said, bankruptcy protection allows companies to regroup and regain the lost territory. No doors closed for business but only creditors are not allowed to harass the operations. Romney is a Republican...
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    Warren Buffett's Berkshire Credit Risk Soars to One Level Above Junk

    'Wow, Bill Miller -69.51%. I guess that's what happens when you double down on a stock like FNM.' That is what happens when Technical Analysis is totally treated like a crap but Fundamental theories and opinions are valued like words of gold. Also, most of fundamental managers get sucked...
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    Half Price House Sale

    What about those $10 to 15K dumps going on auction in Michigan and nY states. Are they just a shell i.e. no plumbing or electricity or they are in crime infested areas i.e. slums that no one dares to go even in broad daylight. Some home were being sold for $1. What is the story behind...
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    Is raising taxes on those making 250k going to hurt the economy?

    This is basic mathematics folks. If the top 5% make 50% of the total paid/earned incomes then raising taxes on top 5% will result in more tax revenues for the government. Reducing taxes on $250K and lower crowd can act as a stimulus as majority of these folks, especially under 75K crowd...
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    A $40 Bottom in OIL ?

    I would beg to differ. Oil is going to go back upto over $100. All this correction is over, now get set for high prices.
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    Spitzer won't face criminal charge

    Usually in the Legal circles, DAs do not like to bring charges against a fellow attorney. Just like cops look the other way when another cop does something wrong.........if not something big as a murder etc. Spitzer sure did dishonored the office of governor but did not hurt anybody or...
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    Donald Trump Tells Fox News We're Going To Have A Depression & It's Bush's Legacy

    Do not know about NAFTA, but affirmative action sub prime lending sure did hit the US Financial house below the belt. Slick Willy basically rode the internet economic boom and ended his term with a high. Another nonsense he did was to not treat Iraq with more balanced and humane approach...
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    Donald Trump Tells Fox News We're Going To Have A Depression & It's Bush's Legacy

    Depression is just not possible. New economies like China, India, Brazil, Russia, the former eastern block nations, South America and even Africa are mostly CONSUMER oriented machines now. Consumption is encouraged, so it not US ONLY which is driving the demand in the world. Does anyone...
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    What you need to become a Registered Investment Advisor

    go to sec.gov look around the investment management/advisor section. There is a link that takes you to all the state based securities commissions, one link for each state i think. for starters you will have to register with individual states and some state might not even require registeration...
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    No-US person (or offshore hedge fund) capital gain

    a non US person will have to show a residency status before being allowed to open an account in bank or brokerage. Do not know about the Hedge Funds.
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    You want him, you got him

    Time of talking is done, now the time of doing is in cards. US is resilient, keep the faith high.
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    Reminder-- Most Corporations do not pay Tax to the USA

    This is not fair to the US, the tax loopholes should be shut so that government can earn some extra revenues. Folks want to sell to the US consumers so they should also pay taxes to the US government. Period!
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    Protecting Assets From a Divorce

    Swiss bank accounts charge reverse interest for secrecy etc. The point is to declare the assets and still not lose them in the event the chick tries to smart out later. How about declaring all the money as a debt from parents, so in the event of divorce, creditors come first so money goes...
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    Mark Cuban pushes for 20 cents per share tax on every roundtrip.

    Just one percent increase in taxes is not even going to be noticed. If it hurts, it will hurt the speculators who usually create bubbles and taking very high risks. Average position trader and even swing trader will not even feel the pinch. The problem will be if the bastard politicians...
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    Mark Cuban pushes for 20 cents per share tax on every roundtrip.

    If this can be fine tuned a little then transaction taxes might be good earners for the budget deficit government. The QQQQ average volume is 225M shares a day, this mean from Cubes alone government can earn $45M a day. Say going price of Qs is $30, this means less than 1% tax on each...
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    Wall Street Journal on the "Obama Crash"

    To save the ship the USA, from sinking, temporary socialism is just ok. A couple of percentage of higher taxes for 5% top rich, no more $25M annual salaries for CEOs and SVPs, little bit of transaction tax on stock exchanges, no more $500 screw drivers for the military and more chasing of the...
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    Is anyone here subscribed to Dan Zanger's site?

    Below is the disclaimer from Zanger's site. What is the harm in posting NET results of all the picks made? Truth goes far...........by faaaaaaar! Disclaimer: The trades listed below show some of the best recent winning picks to illustrate the types of explosive moves predicted in The...
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    Is anyone here subscribed to Dan Zanger's site?

    The Dan Zanger site does not post the true performance figures. It just posts the top recommendations for the quarter. Any one can recommed 300 stocks and then pick top 10 or 20 best performers. A good site will give total results of the all the recommendations made. It is hard to find...
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    Legendary Julian Robertson Says U.S. To Suffer Poor Economy for 10 to 15 Years

    Commodity cycle is in upswing till 2018 so 10 year from now. Higher prices will see slower economic growth as investment in other sectors will decline. Jullian is a macro guy and might be right on this one.
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