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    Milton Friedman on Illegal Immigration

    when it comes to immigration Karl Marx was the greatest economist. No country that ever adopted his theory ever had an immigration problem. (although they did eventually have an emmigration problem)
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    Are we elite traders?

    yes, that's the way I use to trade when I was a young man only you need two clean shots. One to wake the guy up and get him moving, and the other to knock him down so you can go out and get your two bullets back
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    Milton Friedman on Illegal Immigration

    social security is not means tested. Everybody pays based on their income. And everybody receives the benefit based on their contribution. They don't make you pay all your life and then only give it to poor people. Right? We all pay for food stamps, but you need to fall on really hard times (or...
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    Are we elite traders?

    I just go by Gods word. Look it up. It's in the Bible. "A wise king counts the cost before going to war." You don't need stops anymore. Your broker will manage your money for you via auto liquidation. Guessing right helps. Now me? I'm never wrong but often early. I bet every year Indiana will...
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    Milton Friedman on Illegal Immigration

    So you are a Trump supporter? Just build a wall to protect our minimum wage? You are trying to protect something that is wrong down to it's core by introducing another wrong to right it.
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    Are we elite traders?

    90% is just money management which any of us can do. 10% is guessing right. An elite trader is a good guesser.
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    Milton Friedman on Illegal Immigration

    ha, ha ,ha, two wrongs don't make a right. The wrong is means tested benefits. Social security and medicare and k thru 12 are not means tested. Get rid of means tested benefits and open the border, and enforce e verify. That is why I am for foodstamps for all, regardless of income. I will glady...
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    Are we elite traders?

    if you believe most small losers come back to be profitable, then you must also believe most small profits will turn to become losers. So why not just hang on to everything until it becomes a small profit and take it? Trading small with no stops adding to positions sounds fine, but what will...
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    Milton Friedman on Illegal Immigration

    two wrongs don't make a right let's go back to 1914, open borders, no social security all looks ok until you are Govennor Rick Perry in Texas and you look at all these illegal kids and it becomes obvious if you condemn them to a life with no education you don't have a heart. two wrongs don't...
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    US Marshals arresting people for not paying their federal student loans

    Check out the Malcom in the Middle sit com when the poor father needs money to send his kid to Harvard. He goes to the loan shark borrows 70k and says, "Just go ahead and break my leg now because there is no way I can pay you back."
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    Watching Cruz is like watching Obama

    or he could have something positive to say for crying out loud, he shut the government down and we are all still alive. That should tell you we are on auto pilot. The next president is going to be about as important as who hosts the next awards ceremony.
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    SEC: Deutsche Bank Analyst Issued Stock Rating Inconsistent With Personal View

    you get what you pay for. If you are not willing to pay for independent analysis, then you are going to get analysis somebody else paid for.
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    Are we elite traders?

    they may have great lives in the market, and in my case there were a few days that changed my life, both for good and for ill. For me every day is either good or bad. That's just a way of life. I tend to be more talkative on good days. But I certainly wouldn't consider any of them to be great.
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    Social Security/Medicare Ponzi Scheme

    If it's not a ponzi scheme (I know Ponzi is illegal and ssi is legal) but even if it was good back then, how could we ever end it? When could we tell someone you won't have to pay the taxes anymore but you won't receive the benefits? Children born after 2016? It can't be ended until somebody...
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    Rubio is Coming

    the middle class now has no money anywhere other than their 401k. Where are you from man? No American has "money in the bank". I try to be nice to you, but it is obvious you know nothing of American politics or our economy other than what you read or or see on tv. Our sophisticated are just as...
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    Are we elite traders?

    top traders don't have great days in the market
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    Are we elite traders?

    yes, the death toll is truly sobering. Except they were losers back then, they just didn't know it. And they are still here with a new strategy and a new handle. You do know the whole August Busch Budweiser empire was built on one lucky day at the track. I never hear anybody refer to him as an...
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    Another shooting spree, six more dead

    Michigan needs to do something about their gun laws. This kind of crap never happened in the past when most gun owners were good people.
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    Are we elite traders?

    all I can tell you is, when that market starts trending, it trends longer and harder than anybody ever expected. If you are on the wrong side it takes some skill to stay alive. If you are on the right side it pays for all your sins.
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    Rubio is Coming

    Losers endorse Rubio? What ever happened to that guy who dropped out and endorsed Bush? I saw him smiling behind the withdrawal speech. Oh yeah, Lindsey Graham. "I tried to run and failed, so I endorse Jeb Bush." Mitt Romney: I didn't have a clue in 2012, so I am endorsing Rubio in 2016. That...
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