Fine, but if I cancel my cards and pay cash, then I have to pay more to subsidize the credit card companies because they have rigged the merchant...
Think about it, the bank's transaction fee is 2-3% and they have to split that with MC or Visa. You are getting rebated 1-5% and getting a free...
I did not say that people who default on their credit cards are subsidizing you, I said those who pay cash and who carry balances are subsidizing...
You have been subsidized for decades by people who pay cash and by those who ran balances (the irresponsible). Retailers raised prices to account...
I wonder if this is in response to Rick Santelli's rant? Not a good idea to mix politics and business.
You are doing the right thing. Don't let others discourage you. It is better for your frame of mind to earn something and not be isolated while...
Could mean more opportunity for US based small businesses who don't enjoy the advantages of global tax, labor and regulation arbitrage that big...
Probably not until shareholders complain that it is driving away business. All they need to do is to reduce the ES tick to .10, eliminating the...
ES is too choppy due to the unnecessary pit to electronic arbitraging (i.e. every time the ES starts to rally, it is pulled down by pit...
Japan was dependent on the carry trade to rig its currency. Banks would borrow at near zero percent in Japan and reinvest in the US. With US...
There are a lot of after hours fake-out moves in futures that could trigger stops, unlike with ETFs. I think a lot of stock brokers are putting...
Isn't this the pit that Rick Santelli announces from? If he keeps roughing up Obama they may just close the Madoff like operation they have...
No wonder why they are fighting not to be regulated by anyone but the CFTC. Time to close the pits and move everything electronic. With an...
More shenanigans involving pit traders. http://www.chicagotribune.com/business/chi-biz-cbot-treasury-fraud-april1,0,2743726.story
It did seem to take hold a little too quickly being on the Drudge Report, Youtube etc. When I first saw it I thought whats the big deal Santelli...
When incomes for the middle class stagnate or decline and upward mobility is cut off, people no longer have an incentive to hold down taxes on the...
Globalization is good for the rich and the poor but it is deadly to the middle class of developed countries. Skilled work can always be done...
I have met a lot of CEOs who work less than 40 hours a week - they are always out somewhere that has nothing to do with business. The hardest...
Traditional college education is turning into a big scam. It is way too expensive for the value you receive. People get into debt up to their eye...
I don't know about drugs, but I have never seen an announcer interrupt a discussion with stupid questions more than Dylan Ratigan. Usually the...
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