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    ‘Peak Oil’ Is a Myth & Waste of Energy

    http://www.scienceagogo.com/news/20090628224351data_trunc_sys.shtml I don't believe organic matter is required to produce oil.
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    Social Security....24 Months.Will Increase Age & Lower Payments ????

    Probably the main reason it was never invested was that a) There are fraudulent practices and front-running all over wall street going unpunished by the SEC, and b) the Fed has ensured that the stock market is perpetually overvalued and at risk of a massive sell-off as debt in the system...
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    Inflation....Deflation....?

    The effects of monetary supply are considered independently from other supply/demand factors. "ceteris parabis"
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    Madoff Cohorts

    Because Madoff WAS one of "those guys"... Lots of indirect ties to organized crime: www.deepcapture.com
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    Fed Asset Scheme

    Okay, now imagine how low the prices would sink without Fed involvement and government subsidies of $8000.
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    Fed Asset Scheme

    Whoever wrote this article was a moron. Printing money has never worked in history and will never work. Look up John Law & France circa 1700's for example. Of course printing money will lower yields in the face of deflationary forces, SO WHAT? All this is going to do is cause more silly...
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    Real-Time Limit Order book allows for exploitive HFT algo's?

    Of course it doesn't eliminate unknowns, but it sure reduces the unknowns... And then when you add in the ability for HFT to front-run Market orders... then they have market and limit orders covered... further reducing the unknown.. I'm not a trader but sometimes it takes people outside of...
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    Real-Time Limit Order book allows for exploitive HFT algo's?

    http://www.nyxdata.com/nysedata/Default.aspx?tabid=808 NYSE Amex OpenBook provides a real-time view updated every second of the Exchange's limit-order book for all NYSE Amex-traded securities. NYSE Amex OpenBook lets traders see aggregate limit-order volume at every bid and offer price, thus...
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    Can High Frequency Algo's exploit Real-Time Limit Order Book data feed?

    http://www.nyxdata.com/nysedata/Default.aspx?tabid=808 NYSE Amex OpenBook provides a real-time view updated every second of the Exchange's limit-order book for all NYSE Amex-traded securities. NYSE Amex OpenBook lets traders see aggregate limit-order volume at every bid and offer price, thus...
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    Why not just print money without borrowing?

    Well, anyone can fund the gov deficit by purchasing T-bills... Bankers just happen to fund most of it probably. Of course, the Fed has proven it can't fix the price of money and it should be left up to market forces. The only money printing should be done by government in times of need or for...
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    BOE boosts bond buying plan by 50 bln pounds

    Absolutely irrational. Does not account for: a) The lack of "common sense" behind creating money out of thin air. b) Possible systemic effects that are wide-ranging, long-term and difficult to decipher. c) The raging inequity of printing money. d) Pushing the cost of saving lower...
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    US Commercial banks alone own an unbelievable $202 trillion in derivatives.

    The most money a single company can really lose is the total value of its assets at firesale prices at the lower level OR the total discounted free cash flows available to the firm in perpetuity, should the firm be re-possessed and re-run by bankers. Of course, it's still a massive systemic...
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    At Some Price....It Works.....

    I've seen CRE loss estimates in the trillions (2-4).
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    Trader 1987 Documentary -Paul Tudor Jones

    Okay, so Tudor had good instincts to recognize a bubble when he saw one. But other than that, the only thing I grasped from the video was that his trading 'methodologies' were, simply put, idiotic. Pure luck that he made money the way he did.
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    Star trader threatens to leave Citi

    Yes, because banks using discount window capital to acquire oil tankers and arbitrage contango opportunities doesn't just smack of inefficiency. [/sarcasm] This is exactly the problem with commodities futures markets. If speculation drives up the futures price, it presents an arbitrage...
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    Former CountryWide Execs start new subprime company

    http://www.cnbc.com/id/32203855 So these guys created and distributed the toxic assets, and now they are going to use their 'expertise' to repurchase the assets at 30 to 50 cents on the dollar (probably still won't get much of a return) and re-possess the real estate and liquidate it? a)...
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    My Contribution on Zero Intelligence

    Aww no comments =[ It just got put on the front page too (top left): www.zerohedge.com
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    Which Housing Number Is Accurate ....? Up 11% or Down 21%....?

    Couldn't the sales price increase be due to: 1) People with larger homes and mortgages liquidating and relocating to smaller homes (the rich have been hit the hardest percentage-wise by the collapse of the housing market...) 2) All of the larger/pricier vacant houses on the market being...
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    When Debtors Decide to Default

    Let's use a more realistic example: START OF YEAR $100 initial money supply (net worth). Banks lend $400 combined at t = 0 END OF YEAR Interest at 5% for the year = $20 Principal repayment = $400 -- $80 consumer net worth -- Ergo, with 0% increase in the base money...
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    My Contribution on Zero Intelligence

    http://www.zerohedge.com/article/wall-street-having-our-cake-and-eating-it-too-call-pragmatic-action Any comments? -- The past few weeks have seen a spate of announcements detailing upward surges in U.S. investment banking compensation expenditures. Goldman Sachs began by boosting...
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