Market Bailout Leads to Market Crash…Again?

So this is not exactly what they said would happen, and I am confused.
Where the hell did the $850B package go? That’s right, it’s not really $700B - add another $150B in EARMARKS…after all of this debating over reducing earmarks, we witnessed the largest earmark in US history. But let’s put that aside for a [...]

Bailout Blues

So it looks like the Congress is going to pass the $700 billion bailout, and that means every single American is going to get saddled with a $2,300 bill. Since that money’s coming out of your pocket, whether you like it or not, you can only think of what you would have otherwise spent that [...]

Obama and McCain Debate 2008: Energy, War and Money

To begin, it doesn’t matter how we got where we are. I really don’t care how often Obama wants to talk about who is to blame, but we are here now, we are screwed and we have to get out. YES, we know, McCain was not voted Miss Congeniality…we heard. And yes, no one really [...]

Back to the Futures

In the 1983 hit comedy Trading Places, commodities trader Louis Winthorpe II rhapsodizes on the beauty of futures trading: ‘Think big, think positive, never show any sign of weakness … Buy low, sell high. Fear? That’s the other guy’s problem. ‘
If that doesn’t get your competitive juices flowing, nothing will. Dan Aykroyd’s Winthorpe, the comic [...]

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