Hello Trout, Isn't your statement of "interesting times" part of an old Chinese curse? May you live in interesting times? Puritan

Did Livermore have trading insight? Yes, he is given credit for saying "the trend is your friend". Did he make some marvelous moves? Absolutely. Was he the greatest? Hardly. Even in his own time he could never best Arthur Cutten. Cutten was far ...

Ticking time bombs is a good way to put it. Maybe this is why HHS has purchase over 1 bil rounds of ammunition. In my view we are beginning to reap what we have sowed. For the last hundred years or so we have been living off of the Puritan capital ...

Yes, you are correct in pointing out the REAL unemployment numbers, spreadbetter. No body really spends much time discussing the labour participation rate which has been dropping. The numbers are skewed. Nonetheless, it merely underscores my ...

Well I guess this is the new normal when 7% unemployment is substantial progress. It would be nice if they ever were able to discover that they didn't make substantial progress. It was the people who made the "substantial progress" on unemployment. ...

Those Tea Party "morons" simply want the government to live within its means. People rant that the government is economy, if that is the case, then our problems are much more serious than a simple shut down. If that is the case then we are doomed ...

Perhaps it is because the Democrats are the ones who seem to have the largest spending plans and the littlest regards for a balanced budget. Too be sure, it hasn't always been this way. The one period of time in our history, under Andrew Jackson ...

Everyone wants to blame the house of Representatives, but seem to forget we get into this position far too often, what about the President and the Senate? They just want us to go deeper in the hole. How much more debt can the nation carry before we ...

Yes, but how do we generate jobs when the government is doing everything it can to discourage any and all who are in business? For example, how great is the impact of ObamaCare? The law of unintended consequences looms large in the sky. The more the ...

I am aware of the misconception. That said, one has to think of the profound statement I.E. Thomas said,"Whether some is real or not is inconsequential, if it is perceived as real it is real in its consequences". What is now called Keynesian ...

Oh joy, another Keynesian spend until everyone is broke. What happened to rationality and logic? They, like common sense, are cognitive constructs of a bygone era.

I don't understand why it is so horrible governments actually start, at least conceptually, to live within their means. Governments pumping their citizen's money into stimulus only has a short term effect. If a country is serious about getting their ...

I think most people didn't listen to what Bernake really said. Tapering will only occur when the numbers indicate the economy is improving at the rate the Feds want. Recent data hasn't supported the notion of tapering, if anything it re-enforces the ...

If history is any guide, Goldman and Saks want people to do what they say so they can dump what ever. I saw this in the Euro/Aussie a while back. So while I will wait and see what the chart shows, my leaning would be to buy it rather than sell it

If the NYT says not to worry, I am worried

I agree that every depression is different. There are some (Kiddleberger, Greenspan) that argue the depression of the 1930's became the Great Depression because of government programs. There is evidence that supports that contention. I think given ...

Sounds like a classic "buy the rumour, sell the fact". It wouldn't suprise me to see a sell off in all asset classes, including the DJIA.

Wars have been started on weaker grounds. In days past when one's pride in one's country was higher, Briton might have been the first country to leave the EU. Given the comments here, maybe the UK should leave the Euro Zone rally around the British ...

DragonFire. Very succinctly put. I agree wholeheartly. Unfortunately, I don't see much hope for the "morons" in the senate and the house, I would add the executive to see let alone experience any common sense

DragonFire, When the dollar falls, things like gasoline get expensive for no other reason than the fact we buy the oil in dollars. Cheaper dollar, more expensive crude. As gasoline rises so do other things like general merchandise and food, because ...