Latest Comments

• Groupon rejects $6 billion offer from Google

  Fri Dec 3, 2010
  • You are right. And the entire stock market and financial valuations are at bubble levels. After a 90% crash, nobody will pay even $50 million for these companies. Take the money and run. Keep your dollars safe. Sell sell sell before it is too late. This is like Tulip Mania, South sea bubble.

• Fed discloses banks that used crisis loan programs

  Wed Dec 1, 2010
  • They are saving their own bankers and the rest does not matter.

• Should Congress again approve extended jobless benefits for unemployed Americans?

  Wed Dec 1, 2010
  • U3 is not an accurate indicator of unemployment. There are many people who want a job but they do not qualify for benefits and they are not counted! Real unemployment is about 18-22% right now. Another way to look at unemployment picture is to count who is actually employed:

• More students getting a load of debt along with degree

  Tue Nov 30, 2010
  • You are right. One needs to weight the cons and pros of having debt versus a degree. In a deflationary crash, being debt free is priority. Get a degree that you can afford with least debt. Do not borrow excessively.

• Watchdog: TARP to cost taxpayers $25 billion

  Mon Nov 29, 2010
  • The TARP is not the only bailout program. The true cost of bank bailouts is much higher.

• NYT: Cables shine light into secret diplomatic channels

  Sun Nov 28, 2010
  • Loyd, bankers want the war on terror. It is a way to make government spend money it does not have and go further into debt to the bankers for money that is created out of thin air. Our government works for the bankers.

• Irish banks' ratings downgraded by S&P

  Fri Nov 26, 2010
  • Arch, the problem is not reckless spending. The problem is the interest based banking and fractional reserve banking system. When people borrow, banks create money, they do not lend existing money: http://www.tradingstocks.net/html/banks_create_money.html

• Irish banks' ratings downgraded by S&P

  Fri Nov 26, 2010
  • Bond rating agencies are over rates. They have no clue. Much of the debt they bless as AAA will go bust and it will be too late for anyone to complain. Do not take them seriously. The money to pay the debt does not exist. Governments will pick which debt they will rescue by printing money.

• Stocks set to tumble amid Korean conflict

  Tue Nov 23, 2010
  • and put the tax payer into further debt to the bankers through more wars.

• Are you sitting too much during your workday?

  Fri Nov 19, 2010
  • Why are there only two choices?