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Make that "until governments and central bankers aren't all dishonest" and equities will start to rise.

Tutoring?

Greenspan, with his artificially low rates, was a major cause of our present economic disaster. As others, including myself, have said, future generations will curse him in his grave. The world would have been much better off if Allen had stuck to his saxophone.

Ever notice those women in WalMart, working checkout, who must be in their 70's if not 80's in a few cases? Bored heiresses? People who are actually twenty, but partied too hard in high school? Most of us in another decade?

I scan the news on the Internet and read a few blogs that actually tell the truth about the economy. It's so depressing that I try not to go to much beyond a level that keeps me informed but not inundated with misery. A delicate balance.

Tastes like chicken, I hear.

I DO blame the government/bureaucracy for this NW. Because Greenspan tried to fight the natural business cycle and kept interest rates artificially low early in the decade to try to keep the dot-com bubble going, the economy overheated and we are much worse off.

Some of us were urging that the train never be allowed to go up to such a ruinous velocity in the first place. A little pain spread over, say, the last decade, would have been vastly preferable to the disaster we're facing now. I'm going to miss Circuit City and probably Sears too. Any of...

Tex, weren't you involved in some sort of police work, or am I mistaken? I'm a great fan of the American Constitution. Not many policemen are. This activity is a disgrace to the values the USA was founded on. More to the point. The reason this was presented as an ERF topic is that I have a...

Is her real estate still sell-able now that the housing bubble has popped? She may find, depending on location, that she's not doing so well in this endeavor either. http://www.minyanville.com/articles/GS-C-jpm-Fed-fre-fnm/index/a/20558

Ladies and gentlemen.............your government in action. YouTube - How Safe Is Your Safty Deposit Box? (HQ)

I'm rather sure I'll have more money by then too. I'm also positive each dollar will be worth less. Better off than many will be I guess.

Perhaps he should share a cell with the judge who granted him bond.

Here is a guy that thinks we may rise briefly from the sewer long enough to gain a breath of fresh false confidence, then be sucked back down even further into the sewage. Minyanville - Market Commentary, Investing Ideas, Global Finance, The Economy I agree with him on the probability of...

How could anyone have known things would get this bad.

Who thinks Bernie Madoff is the only guy running this type of scam? Who thinks we are going to see a number of individuals and companies involved in similar chicanery dragged out into the light as the economy continues to tank? Of the many things he's done, Bernie has done grievous injury...

If Vanguard turns out to be a Madoff style scam, I'm going to need a BIG "Kick Me" sign for my back.

When I first heard Bernie was under 24-hr/day guard, I assumed they were trying to prevent him from fleeing, but the more the facts of the situation emerged, the more I began to believe it was to prevent Option #3 and insure a live defendant. Leaving out the obvious organized criminal elements...

The government is in on the deal.

Are you more interested in taste or the consciousness-altering capability? If your goal is the latter, I believe science evidence points to Thunderbird. (NEVER serve this in the presence of anyone you are trying to impress). Well, unless he's a bum. The smoothness needs to be experienced; mere...

Careful poley. You make it sound like the bailouts are supposed to benefit the American populace. They never were. They have been designed from the first to bailout the financial executives of the top companies especially in the USA. It apppears you understand the results, but like many, can't...

I appreciate that type of writing. A product of Keynes intelligence and upper-middle class English upbringing. Maybe a slight taste of his gay wit too. I do not agree with Keynesian economics particularly but the man had a mind and has influenced many modern governments' approach to political...

But who of us would have wanted it to be different? Bailed-out banks paid executives $1.6 billion

I recall a trader saying that it felt 20 times worse when he lost money than it felt good when he won. I feel the same way.

Come on now. Where are all of you optimists with your cries of "tin-foil hat" for Mr. bum's intelligent observation? (A year ago, they would have torn you apart on this blog lazy). Have any of you caught on to what a scam finance has been on the Street for years now? Who cares, as long as that...