Recent content by DrCap

I like it, very entertaining. One of the problems our country has with the debt now is that no one can really understand how much a trillion is. I have tried to get more in the habit of saying '1,000 millions' instead of a billion, and 'a million millions' instead of a trillion. Our brains...

I've got a bit of a problem with this: "The debt limit was most recently raised to $12.104 trillion by the American Recovery and Reinvestment Act of 2009 (H.R.1), which was signed into law on February 17, 2009" http://www.treasurydirect.gov/NP/BPDLogin?application=np Current U.S. Debt...

My feelings exactly - I'm still happy I wrote in Ron Paul.

uh?? November 8, 2007 ?? Nevertheless a fun read

His CV also reads: Other Current Affiliations Consultant, Research Department, Federal Reserve Bank of Chicago, 1991 – present. And in his Biographical statement: Prior to joining the Chicago Booth faculty in 1991, Kashyap spent three years as an economist for the Board of Governors for the...

If the loans have a locked interest rate, and he's not going to pay them off soon, he may already be hedged somewhat against substantial inflation. (with inflation the property value could rise while the debt gets eaten up by inflation). Buying PM's could work of course also, or he could...

Does anyone here seriously think that Washington will create a new tax which will be less burdensome than our current tax structure? The whole reason they would do this is to leech more out of they private system than the bloodsuckers already take.

It makes me feel better knowing that at least some freedom lovers are actually getting at least a little bit of the money I send to the feds every month. I don't see any ethical dilemma for those of you getting benefits for which you qualify. If someone put a gun to your head, stole your...

Without looking at details it's kind of hard to see what would be best, but it sounds like he has a defined/guaranteed benefit and can give that up for a higher risk bet in which he might get a better return but the guarantee isn't nearly as good. Given his age it seems it would be more...

Sadly, I don't think he's really been around here for a long while... though his update still looks good to me.

Thanks - very nice to see somebody else cares in this world.

Thanks, a very nice video recap.

According to wiki, Japan has $634B so this is a little over 20% of their holdings.

The Guardia di Finanza - Italy has different police that basically enforce only the laws of their own area of specialty. http://en.wikipedia.org/wiki/Guardia_di_Finanza That seems like a lot of money for two folks to be carrying around, I didn't know anyone had that much, let alone, all in...

Oh and by the way Athan, Mish did publicly support Ron Paul in the primaries, so, per your quote in the other thread, "he would be idolized here too!!" Not saying anyone should blindly follow someone else though, make the decisions for yourself.