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So Wall street wants to be a landlord. These guys are too used to making money for doing nothing, shuffling papers, manipulating commodities, stock prices. Land-lording is real work. It's hands-on hard, irritating, difficult work. I think they'll run for the hills as soon as they get a whiff. Plus real estate has very ...more
We need a regime change. Of the mainstream candidates against Obama last election, only Ron Paul and Rick Perry spoke out for ending QE and debt, and getting our economy back to reality. But both were steamrolled by the Wall Street end of the Republican party that loves Bernanke's ways. Sadly at present the bulk of peo...more
Instead of this worthless ijunk, why doesn't Apple come up with something we can really use like a plug-in electric car that can go 300 miles on a charge and sells for $25,000. Or a home body scanner that can detect abnormalities before it's too late.
I dumped dish last year ($60/mo) and started Netflix for $8. Now I watch what I want when I want with zero commercials, no 24 hour news chicken little blabbers, no carnival barker shopping channels, and I got rid of a lot of other channels I didn't like too. As an added bonus, I'm not helping to pay the extremely bloat...more
When are these arrogant government central bankers, American, Japanese, and others, going to learn that they'll never be smart enough to set and fix asset prices?
As long as the Federal Reserve can conjure up and print unlimited amounts of dollars, they can engineer any stock index price level they wish, and that’s exactly what they are doing right now.
Prices should naturally decline over time because of increased productivity. This is nothing to fear. This is how we gain a higher standard of living. In fact, I love low prices. When prices are lower I buy more and so do most other people. On the contrary, one of the worst things I've experienced in this life is that ...more
As nearly everyone has been saying for years, the fed has created a phony economy that is totally dependent on their money printing. If they ever stop printing, the economy will immediately collapse. Further, they are dreaming if they ever think they can “sell” the existing $4T debt “balance sheet” they have accumulate...more