Hate to break it to you, but the U.S. is actually a representative democracy in the form of a constitutional republic. Calling it a simple...
The fact that Paulson has not been able to explicitly define the exact universe of what "mortgage-related assets" he's planning to buy should make...
I think it's far from over. I expect that once the votes are made public we're going to see a pretty strong divide between the newcomers in the...
I have. BTW, 228 Nay, 205 Yea, 1 NV. How's it feel to live in a democracy?
No, not even close...
What you're advocating is not a free market. What you really want is an anything goes market. One that not only allows corrupt, opportunistic...
The people who voted for the repeal of Glass-Steagall were hardly "new kids" nor can you say they were ignorant of history. Bullshit. They...
It didn't save anything, it only deferred the problem until today. The bailout didn't bring change to the big 3, which is why we're forking over...
Let's re-cap. This "crisis" is rooted in leverage. Leverage that's the result of far too many BYTs and MOTUs with their freshly minted MBAs and...
I think the "if" has been answered, it's how bad those who are even moderately leveraged will get hurt. You simply can't unwind decades of...
Right, the very same Ben Stein who a year ago was parroting the same line as everyone else, that sub-prime was contained, the number of defaults...
Hate to break it to you, but this ain't "The S&L Bailout, Part II" They're not buying land, houses, mortgages or leases this time.
Simplicity does not guarantee robustness. This system, as it stands, is simply not within reach of the majority of retail traders. That...
And there we have it. Another man who's been talking his book. You're as morally bankrupt as the rest. Sad...
IMHO, the last two Republicans worthy of any respect were Eisenhower and Teddy Roosevelt. Today's Republicans have been co-opted by the...
How can you make that assertion when we still don't know the exact universe of "mortgage-related assets" that Paulson will buy with that money?...
Fundamentally, this is a one-minute breakout system. That sort of system is quite robust when used with markets that trend more often than not....
For completeness, here's one with full PIP pricing, no commissons. This pretty much underlines just how razor-thin of an edge this system has.
Here's the second, same fractional PIP pricing but with no commissions.
Actually, all you've said so far indicates that you've got an awful lot of learning ahead of you. The core concept of this system is quite...
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