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detachedbear

Member Since 13 Apr 2004
Offline Last Active May 15 2012 07:54 PM

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taichi
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Posts I've Made

In Topic: J.P. Morgan Chase $2 billion in trading losses

10 May 2012 - 11:25 PM

IntheHills, on 10 May 2012 - 07:34 PM, said:

Lost 2 - 3 billion?. These guys are idiots. I hope that goldman achieves the same results. When was the last time they told us how smart they are?

Bernanke will probably lease a fleet of helicopters.

Very funny guys! Verrrry flippin' funny!!! The beginning of GD II and you comedians are making jokes!

In Topic: Treasury: Here's the True State of the Economy Right Now

06 May 2012 - 03:55 PM

Yogibear101, on 05 May 2012 - 09:13 PM, said:

...so, after tax corp profits are a little more than the annual US budget deficit?
Great, raise the corp tax rate to 100%, problem solved.

#$@&% it, YOGI stop the !@@$%^&*  sarcasm.  Some moron will think you're serious.  I know that you have your own business.  You want the government taking ALL your money?  Remember the Bill Clinton (joke) tax form:

  1) How much did you make last year?
  2) Send it all in.

In Topic: Fleckenstein: The "Idiots" At The Fed Won't Act Until "Europe...

25 April 2012 - 07:51 PM

I can't understand the "printing money solves everything" crowd. If printing money solved everything, then Zimbabwe would be the happiest and most prosperous country on earth. The truth is that Ben Bernanke is walking a tightrope. He is doing plenty. There are limitless "swap lines" to prop the Euro and the ECB has LTRO's. What do you want him to do? Print a million dollars for every human being of earth, so that we can all be "millionaires"?

In Topic: German manufacturing shrinks at fastest pace since 2009: PMI

23 April 2012 - 08:08 PM

"Now France is...and their economy is collapsing to sustain Germany's expansion.

And it's not working out very well."

Ha! No more Mercedes' for you. Now you drive Peugots, Renaults, and Citroens.

In Topic: Consequences of the Fed's Zero Interest Rate Policy

22 April 2012 - 04:38 PM

"If you are crying...you are a loser...of the game the top created so that they always win by default.

It's always been like this..."

It has NOT always been like this. It is actually in a state of constant flux. It is also not true that the "top" always wins. The Russian royalty was on "top" for many years, but they were shot in the Revolution and a new "top" was formed. The French royalty was on "top" for many years, but were beheaded by the guillotine after the French revolution. A new "top" was formed. I don't see the "top" as such a problem. It is the slaves that must be convinced that reform is necessary. As for your assertion that the "master" collects interest from the slaves, it is simply not true. Many people collect interest on bonds, savings accounts, etc. and pay interest on their credit cards. Are they both "slave" and "master" at the same time? I have seen the system "short circuited" by relatives that simply loan money to each other. Unfortunately, this requires a high degree of trust and honesty. I don't trust your "top" at all, and yes, I would like to be compensated for my risk.