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#16 mdporter

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Posted 17 August 2009 - 08:09 PM

The current proposals will not solve the problem. They will only increase costs. I firmly believe that the only solution to this mess is a government run single payer system, and it's the one solution that has zero chance of passage.


Why do you think the government will do a good job, when evidence abounds that they will royally screw it up? The US Government literally cannot do anything right, except maybe management of the National Parks and forests.
The men the American people admire most extravagantly are the most daring liars, the men they detest most violently are those who try to tell them the truth. -- H.L. Mencken

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#17 Bungster

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Posted 17 August 2009 - 08:12 PM

Was it just a tease?


Don't think so.....I know of many TA guys calling for a mini-drop to 950ish before we resume the upslope....Butt, I'm just gonna follow my indicators.... :wacko: I'm in a "short the bounces" mode...

BTW - I thought the pic might have been a little too much also... :blush:
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#18 Jimi

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Posted 17 August 2009 - 08:22 PM

They know that. That's why the tolerate us. They could care less.


:huh:

Actually...

:unsure:

Ummm...

:mellow:

You know, I think they couldn't care less.

:lol: :lol: :lol:
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[T]housands of empty stucco crapboxes vacated after being circle-jerk sham-traded among corrupt borkers, uppraisers and loan officers from 100K up to 800K, then "nopay-walkaway" (with dirty loan cash in pockets)
Guess again, girlfriend.
Or, $2.7 million every effing day since the effing pinball machine.
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#19 shorty

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Posted 17 August 2009 - 08:28 PM

The Fed owns something called a printing press, from whichforth floweth all that is goodeth, beit healthcare or lapdances or stewed prunes.

The sole object of the game of life in the U.S. is simply to suck more of that flow than your neighbor does, by any means possibre......cash fer clunkers, dimes fer dummies, mo money fer morans, loans fer liars, etc.

git sum

grab it

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#20 shorty

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Posted 17 August 2009 - 08:36 PM

Fed Extends TALF Program for Commercial Real Estate

Aug. 17 (Bloomberg) -- The Federal Reamserve extended by three to six months an emergency program aimed at reamstarting credit markets, a move that may cushion the conmercial ream-estate industry from rising defaults and falling prices.

The Term Ass-Backed Securities Loan Facility, with a capacity of as much as $100 trillion, will expire June 30 for newly issued conmercial mrotgouge-backed securities, instead of Dec. 31, the Fed and U.S. Treasury decreed today in a statement in Washington.

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#21 Jimi

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Posted 17 August 2009 - 08:39 PM

I think there's a societal bitching quota that needs filled. Put a gun to my head, and I'll argue that it's genetically hard-wired. Organisms en masse are fundamentally discontent.

The only questions are: who does the bitching, and about what.

If we solved national health care to everyone's delight, we'd move on to the next pressing matter and a subset of citizens would be pissed off to equivalent end about whatever it was.

I see this as a public good - it is motivational, and it encourages civilization to renew and improve itself continually.

On the flip side, however, the improvement of civilization (in general) and our society (parochially) is a fantasy. Chronic malcontentism.

We've never had it so good, and we always bitch as loudly.

Welcome to the human condition.
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Anyone, now, who is not genuinely afraid is a moran.
[T]housands of empty stucco crapboxes vacated after being circle-jerk sham-traded among corrupt borkers, uppraisers and loan officers from 100K up to 800K, then "nopay-walkaway" (with dirty loan cash in pockets)
Guess again, girlfriend.
Or, $2.7 million every effing day since the effing pinball machine.
Permabear Hysterian

#22 Jorma

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Posted 17 August 2009 - 09:07 PM

Well, if we can just get some campaign finance reform going, such that the public starts paying for Congressional campaigns, instead of corporate special interests paying for them, then the public can start making the rules. Golden Rule: He who supplies the gold (i.e. pays for the campaigns) makes the rules. Very simple. If single payer health care doesn't pass, how can the public, which would indeed love to have Medicare for everyone, not want to start making the rules?


There is probably going to be reform this year. The Supreme Court is getting ready to deliver the final coup de gras to campaign finance reform by allowing unlimited corporate campaign spending.

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#23 Rationalize

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Posted 17 August 2009 - 09:29 PM

IB offers the lowest commissions and the best executions in the business with the most sophisticated, lightning fast platform. They really don't offer charts. They expect their customers to have their own chart services like eSignal. You can also plug QuoteTracker into their quotes and use that as your alert system. Not sure if it will execute trades automatically, but I suspect it will. Pretty sure it will with eSignal. eSignal is not free however.

Tanks for the info :D

The one cool feature I'm interested in is the API. Less dumb clicks. More semi-program trading. Easier to "watch" multiple contracts.

The PC's faster than the eye.

That, and the fact that Ameritrade is quietly porking ThinkOrSwim, my current borker.
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#24 Sea urchin

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Posted 17 August 2009 - 09:41 PM

Why do you think the government will do a good job, when evidence abounds that they will royally screw it up? The US Government literally cannot do anything right, except maybe management of the National Parks and forests.


Although I don't use ot as often as I used to before the Internet, the U.S. Postal Services have impressed me a lot. Great job! :rolleyes:

#25 shorty

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Posted 17 August 2009 - 09:45 PM

The $181 billion California Public Employees’ Retirement System, which mangled retirement benefits for 1.6 million current and retired public workers as of June 30, lowered its equities target to 49 percent from 56 percent on June 15.

Calpers lost 23.4 percent in the fiscal year ended June 30,
erasing six years of earnings.


DOH!

The $119 billion California State Teachers’ Retirement System, which oversees the pensions of 833,000 members, said on July 21 that it had temporarily shifted 5 percent from equities to fixed income, real estate and private equity, and permanently moved 5 percent from stocks to “absolute return” products

hmm....time ta whip out the calcfiggerer....$119 billion divided by 883,000 equals $134,767 per teacher, which if deposited in 4% Treasuries will provide a comfy annual retirement income of $5,390 per year......yet it seems they're being promised more than that, no? :unsure:

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#26 Rationalize

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Posted 17 August 2009 - 09:48 PM

My thoughts precisely.



The current proposals will not solve the problem. They will only increase costs. I firmly believe that the only solution to this mess is a government run single payer system, and it's the one solution that has zero chance of passage.

At my stage in life, being unable to obtain adequate health insurance because of a phony "pre-existing condition" exclusion, I have to seriously consider the option of changing my permanent domicile to Canada. What a disgrace. What a goddam shame. The politics of the US infuriate me. Our government is owned lock, stock and barrel by the corporate lobbies, in particular the health care lobbies. They also own the media with the billions they spend on advertising. It's disgusting and depressing beyond words. I never cease to be amazed by the blind stupidity of the majority of American people who willfully allow this crap to continue.

I guess my only satisfaction will be living to see the degradation, decay, destruction, and breakdown of American society. I guess I'm in Prechter's camp that way. But being able to say "I told you so" is no consolation when I think of the children.

The whole thing just breaks my heart.

Who is John Galt?
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#27 mdporter

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Posted 17 August 2009 - 09:49 PM

Although I don't use ot as often as I used to before the Internet, the U.S. Postal Services have impressed me a lot. Great job! :rolleyes:


US Postal Service in big trouble too.
The men the American people admire most extravagantly are the most daring liars, the men they detest most violently are those who try to tell them the truth. -- H.L. Mencken

"Only a man who knows what it is like to be defeated can ... come up with the extra ounce of power it takes to win." - Muhammad Ali

"When plunder has become a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it." -- Claude Frédéric Bastiat

#28 Rationalize

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Posted 17 August 2009 - 10:11 PM

The $181 billion California Public Employees’ Retirement System, which mangled retirement benefits for 1.6 million current and retired public workers as of June 30, lowered its equities target to 49 percent from 56 percent on June 15.

Calpers lost 23.4 percent in the fiscal year ended June 30,
erasing six years of earnings.


DOH!

The $119 billion California State Teachers’ Retirement System, which oversees the pensions of 833,000 members, said on July 21 that it had temporarily shifted 5 percent from equities to fixed income, real estate and private equity, and permanently moved 5 percent from stocks to “absolute return” products

hmm....time ta whip out the calcfiggerer....$119 billion divided by 883,000 equals $134,767 per teacher, which if deposited in 4% Treasuries will provide a comfy annual retirement income of $5,390 per year......yet it seems they're being promised more than that, no? :unsure:

hahahahaha .. ROFL..

Nah, don't worry fella, they're overweight donging “absolute return” products now.

Hey, they could double, or even triple their mooney!

The hedge hog guys are money machines, right? Run by smart operators like John Meriwether.

All skool teachers to reamtire with their own private yachts. Freekin geniuses, those calpers guys.
PARTY! NORTH KOREA! SATURDAY NIGHT! BYOF (bring your own food)

#29 shorty

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Posted 17 August 2009 - 10:12 PM

The head of the University of Florida's Bureau of Economic and Business Research says Monday that Florida's total population dropped by 58,000 in the past year.


I wonder where they all went?

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#30 Jimi

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Posted 17 August 2009 - 10:29 PM

We bitch, we moan, we bitch, we moan.

We all do.

Go back 100 years - doesn't even register as a blink of the evolutionary eye - and a sizable chunk of us and those we love are already long ago dead:

LifeExpectancy.gif
Never had it so good.....

Enjoy what you get of it, while you can.
Sure glad all my albums went GOLD.
"Ferdy-bee-bee-dee-ferbs."
Subscribe & Earn Karma Miles with Every Visit!
Rule #5 Professional Exemption.
Blind Follower, Just Think Positive Hyperinflation, I Get Paid 500 Quadrillion Dollars/Hour at 1000% Interest/Hour Compounding Forever Each Mouse Click Religion.
"I too observe 'flation.'"
I love you, TASR!
YOU MAKE KITTY SCARED
Tops Take Time
Postulate A Free Lunch Economy
Anyone, now, who is not genuinely afraid is a moran.
[T]housands of empty stucco crapboxes vacated after being circle-jerk sham-traded among corrupt borkers, uppraisers and loan officers from 100K up to 800K, then "nopay-walkaway" (with dirty loan cash in pockets)
Guess again, girlfriend.
Or, $2.7 million every effing day since the effing pinball machine.
Permabear Hysterian





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