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    Fred on the economy

    Brilliant, brilliant, brilliant. I laughed my butt off watching this. The sad/funny thing is that Fred is so freaking right..... We are screwed......... Video
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    2 trillion dollars loaned out, Fed won't say to who

    LINK Fed Defies Transparency Aim in Refusal to Disclose (Update2) By Mark Pittman, Bob Ivry and Alison Fitzgerald Nov. 10 (Bloomberg) -- The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the...
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    Mish Shedlock

    He did this podcasting 2 years ago and his predictions about the economy were nothing short of amazing. It is almost as if it was recorded yesterday, since he mentions all the problems that the economy is facing today with scary accuracy. If he continues to be right, it means that what is yet to...
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    You Ain't Seen Nothin' Yet

    He has been quite right on the money (pun intended) so far. The Smashing of Dreams Is Not Over
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    The Market Crashed on Me

    Great videos from the students of the Columbia Business School (CBS). Just a bit of context, Glenn Hubbard is the dean of CBS and was one of the prime candidates for the top Fed position (Bernake ended up being picked). Both videos are very well made, funny and quite relevant to todays...
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    Tinfoil hats Vs. mainstream economists

    YouTube - Peter Schiff - (Former Ron Paul Economic Advisor) Versus Art Laffer (Former Ronald McReagan Economic Advisor) - August 28, 2006 - Peter Schiff [Pimp] So, this video was aired back in August 2006. One one side we had one of the biggest "tinfoil hats" in the world, Peter Schiff. On the...
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    One sane politician.....

    Besides Ron Paul, there is. I love her take on the financial meltdown. VIDEO 1 THEY WANT MAMA TO MAKE IT ALL BETTER!
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    So Far, So Good . . . If You Did What I Said

    But did you?
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    Gary North: THIS WILL GET MUCH WORSE

    Another one from the piglet sodomizer. Again, his article has no mention of the end of the world, advices for stockpiling food and ammo or anything alike. But his outlook is really bad. ARTICLE
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    What if House Prices Fall by 30% Worldwide?

    I love when my favorite "piglet sodomizer" writes articles like this. "Optimists think this housing market is going to reverse in 2009. I am not among them. This is an international phenomenon. The decline in on-paper wealth is going to shake the...
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    'Damn the torpedoes' isn't good policy

    An overly aggressive rate-easing campaign by the Federal Reserve would only fuel higher inflation down the road, Philadelphia Fed President Charles Plosser said Wednesday. LINK
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    Wishing you a Hairy Christmas and a lousy New Years

    For some folks it might be a hairy Christmas indeed if they can't put a lead on their spending. Stressed borrowers use plastic to delay default
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    The Best "Chicken Little" Article

    For those with no time or disposition to read, the central point of the article is that we are all fuked. But he is very good at making that point. Interesting read.
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    The Great PS

    Writes an interesting article about the latest market events. A Panic Move To Buy Safety
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    FNBO Direct 6% APY savings

    The highest rate I have seen so far. FDIC insured, no minimums and no fees. Seems to be a good place to park your extra cash. https://www.fnbodirect.com/01d/html/en/
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    Mortgage dilemma

    So...I am about to buy my first home. Although I am quite happy about it, it does gives a bit of trepidation to be in debt for the first time in my life. You see, I have never had credit card debt, car debt, student loans or any other kind of debt. So, unlike most people who had chance to deal...
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    "Piglet Sodomizer" on debt PART 2

    Gary (piglet sodomizer) North continues writing about debt and retirement. The whole article can be found here: http://www.lewrockwell.com/north/north529.html Here is an extract that I particularly liked: There is no tooth fairy. There is no retirement fairy. There will be no streams of...
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    Need info on buying a coop

    So, I am thinking about purchasing a coop somewhere in Queens, NYC. Does anyone knows a site that contains advice on this area? Any red flags that I should be aware of (such as budget deficits)? The down payment will be around 50% of the total price and I plan on having a fixed mortgage. Any...
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    "Piglet Sodomizer" on debt

    New article from Gary North (known in this board as the "piglet sodomizer" by some)on retirement and debt. Despite the claim by some in this forum, I am yet to read an article from Gary North where he claims that society is about to collapse, that people should move to a bunker and buy guns...
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    How to get more tax protection?

    OK, So after all my expenses, I still have a couple thousand dollars left every month. I already max out my 401K and my Roth IRA contributions. I was putting my money on several ETF's, but the dividends are adding up and increasing my taxable income. Are there any other investments that I...
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    We will foot the bill on this one

    Guess what? All those people are spending their money on nice cell phones, latest cars and iPods because they know someone else will take care of them when they get old. Namely: Us. http://money.cnn.com/2007/04/10/pf/retirement/ebri_survey_2007/index.htm?postversion=2007041108
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    Let's Party like it's 1929!!!!!!!

    :D :D :D :D :D :D Stop worrying folks. Stocks SHOULD be a long term investment and you SHOULD have a well diversified portfolio. If you have all of that, relax, sit back, cause the rough air will end eventually. Meanwhile, let's all party like it's 1929!!!!!
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    Saving too much?

    So...it seems that we are being manipulated by the financial institutions to "over save"... ::) http://finance.yahoo.com/expert/article/moneyhappy/24438
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    Bernanke warns budget could SERIOUSLY hurt economy

    http://news.yahoo.com/s/ap/20070118/ap_on_bi_ge/bernanke Another member of piglet sodomizer tinfoil hat brigade?
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    Suggestions on Dividend Paying ETFs?

    Right now I am shopping for a Dividend paying ETF to add to my Roth IRA. After some research I've becamo overwhelmed with the amount of options, so I would like to ask here if anyone has suggestions based on their past experience. Thanks in advance.
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