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    Video re 1929 Crash: Wall St & Main St diverge, Buffet tries to instill confidence

    But he did help out Goldman Sachs in its time of need. That would be helping the system (and himself).
  2. S

    CIT dump shares or hold on?

    Jim Cramer has been saying to buy since $2/share. I trust Jim Cramer so I'm holding!!! http://wallstcheatsheet.com/breaking-news/cramer-buy-recommendation-cit-goes-bankrupt/?p=3228/
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    Last week,CRAMER said "CAT wont drop to mid 50s".Today CAT 54.20

    How many people did he bury with his "$80 stocks go to $120!" call and his "buy XLF July 2008" call? Did you ever hear of those calls again? I didn't and I watch the show every day.
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    Michael Moore Kills Capitalism With Kool-Aid

    Oh please do tell your sources! You sound very knowledgeable!
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    Senators agree to extend homebuyer tax credit until April

    The housing credit is a joke. The only purpose is to save the over-leveraged banks who have foreclosed homes on the books. Just another ploy to take money away from the taxpayer and transfer it to financial companies that should already be bankrupt.
  6. S

    Michael Moore Kills Capitalism With Kool-Aid

    Maybe you should watch this: http://www.pbs.org/wgbh/pages/frontline/warning/
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    Ratigan nails how "dark pools" rip off traders: Dark pool trading = 10% of volume

    When I heard the "Mom and Pop" line it reminded me of flytiger's ineffective methods of presenting his arguments.
  8. S

    Michael Moore Kills Capitalism With Kool-Aid

    So how do you explain the fact that the lack of regulations led to the almost total collapse of the financial system?
  9. S

    Michael Moore Kills Capitalism With Kool-Aid

    If you mean "lack of regulations", then you may be correct.
  10. S

    Michael Moore Kills Capitalism With Kool-Aid

    Yes, because as we all know the non-regulation of the financial industry worked out really well! Thanks Gramm-Leach-Bliley!
  11. S

    Investing Catechism

    You can't be a trader if you hold positions for a long time? Your definition makes no sense.
  12. S

    Investing Catechism

    So you are 100% sure that the dividend will be paid next time?
  13. S

    Investing Catechism

    But even you admit that there is no clear definition of investing versus trading. Even you admit that investors will flip stocks based on personal heuristics. Isn't that trading? This whole distinction between trading and investing that you are making is pretty much meaningless. By this...
  14. S

    Investing Catechism

    I don't consider your case to be logical either so there you go.
  15. S

    Investing Catechism

    If your argument boils down to trading versus investing (I think there is no difference), then I don't think it has much merit.
  16. S

    Investing Catechism

    So there is no difference between trading and investing then?
  17. S

    Investing Catechism

    Aren't all investors traders? You yourself said that you would have sold WAG because its dividend is now too low.
  18. S

    Investing Catechism

    So let me ask you, suppose a company with no previous dividend decides to pay a $0.01 dividend. Does that suddenly make them investable?
  19. S

    Investing Catechism

    You're not getting my point. Substitute a symbol in for WAG that you currently think is paying a "good" dividend. Ok, hopefully you have a symbol in mind... Why aren't they paying a bigger dividend? Certainly that would be better according to your argument. Why invest in them? What's left of...
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    Investing Catechism

    Please read your argument again. You are saying that a company with solid earnings that does not pay a dividend is just a ponzi scheme. Implying that it is not investable. However, you say WAG is a great company because it has a record of paying solid dividends. However, it certainly would be...
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