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Many of us had given uy taking any financial advise offered on this site by many of it's writters and those responsible for creating, and re-creating (as the headlines get changed multiple times during the day on some stories) all that seriously, some time ago. There can be more flip flops then a house of pan cakes w...more
QE3? Yeah, like QE 1 and 2 were so successful. You'd think some would learn that printing their way out of debt isn't a winning strategy at some point in time. Like the first few times it doesn't really seem to work. But then I guess some hadn't heard the old adtage about insanity. One who keeps doing the same thi...more
Are we really going to try to point fingers on which party is "to blame" for NAFTA? That would fall about the same as trying to figure out which parties politicians didn't support illegal immigration and border crossings, regardless of whether the weak response to illegal border crossings was to either be "politically...more
Yeah, they either don't have a clue, or are trying to put some spin on it. Lets take a closer look at this deal. Democratically elected officials are out, and technocrats have come to take their place in some of the states, some countries are inttent to go ahead with this, BUT the UK is so far against signing onto th...more
I think we should start worring about our own country and develop all our own oil and gas reserves creating many thousands of jobs that current administration and those so called representives of the people won't and get OUR economy back on track and stop helping all the other countries of the world. We would be once a...more
And of course when the stocks ended mixed yesterday, with a slight upsing towards the end of the day; we could all see this comming. Why? Because with headlines they were giving us yesterday, nothing substantive had changed. It read more like "investors defied logic, and were slightly optomistic toward the end of th...more
Ya know, one thing to keep in mind here; only 49 states in the US want a Wal-Mart. Try to build a Wal-Mart in New York and see where that will go. The people of New York didn't want one either....
This goes to show the problem with this whole idea of "free trade" which some in the US keep pushing for; which in fact is more like unbalanced trade. Free trade tends to be rather one sided, as no other country is going to chose to play by that same set of rules. The result? The American worker (or the workers in w...more
will now enlighten you all on how to get rid of our $14T debt through a process called Seigniorage.
The Treasury issue A $14T bond offering, but it instructs the Fed rather than allow the public to buy it. The Fed creates the money and credits the Treasury's account at the Fed. The Treasury then pays off all of o...more
12/8/2011
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