Recent content by Jagwarr

This is one of the very few areas where NJ is on the right side. The NJ state constitution goes out of its way to state that public drunkeness is not an illegal act. This was challenged a few years back by someone who was arrested solely because he was drunk. So police in NJ do not have the...

The Bear Stearns deal is not a done deal, though the news makes it sound like it is. Someone else could still offer more or the deal could fall apart and the stock could be worth nothing. Also if Bear is still around on March 28th they can trade lots of their junk to the Fed for treasuries or...

The fall guy will be... the privately held Federal Reserve and the Constitution of the US. We will be told that the government should have kept control over the monetary policy instead of allowing private buisness, ala the banks to run our economy and that our new currency will be fully...

I often think along these lines too. Though I do beleive Jesus was someone or something special or at least the last time that we are fully aware of what we call God visting us in a physical form. Since he picked the word "Son" to convey that meaning to us I have no problem accepting that. I...

Montana is a huge nuclear target if things ever got that bad. Central Montana would receive hundreds of warheads at the very start of WWIII meaning everything east would receive extreme fallout. Northwestern Montana would be fine however, if the normal wind patterns are present but the strikes...

As the mass media gets more comfortable with RP having no chance at winning they will begin to allow or dictate that their reporters and media outlets write and talk more about him to give the appearence of being fair. As the spring arrives those in the media that tried their hardest to please...

Over the last week the feds cut interest rates 1.25%. The interest rate banks offer on CDs and Money Market accounts have gone down around .5% before the Fed cut rates yesterday and will most likely fall again very soon. Meanwhile all types of loans from banks like mortgages and car loans are...

I read an article about six months ago discussing a couple of studies going on that are looking into how MJ slows time perception in many smokers. What is interesting is that they say people who experience this slow time perception not only think they are able to accomplish more within a given...

Perhaps if Rudi had some common courtesy during the debates and did not interupt other candidates with childish laugher while they were speaking he wouldn't be interupted himself during his campaign stops. Think he understands what blow back is yet? I do.

What I don't understand is why does the U.S pay any interest or borrow any money from the federal reserve at all. It doesn't make any sense to me. Couldn't our government do this themselves? What benefit is it to allow private banks to do this?

Yes but the current economy picking up is not the reason most think gold will eventually sky rocket. Some think that as more and more people realize the fiat currency system is doomed to fail, private companies will begin to set up gold accounts using bank cards, like Visa and Mastercard but...

I agree to holding fixed rate mortgage debt, as long as you have the funds to pay it off. What I mean is if your mortgage is paid off do not go out and buy a more expensive home if you don't have the cash to pay in full. However if your moving to a less expensive house or have the money in the...

Are you suggesting that the very recent gains of the dollar are temporary? I was reading some currency news today and it was suggested that the dollar will continue to gain against the Euro and AUD for 2008. This seems to go against what I thought would happen.

What seems strange to me is that the dollar has been gaining on most other currencies the past few days, I guess there is a reason for this but I don't understand why. Can anyone explain why and will it continue?

nm