SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (267471)8/9/2010 10:21:20 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
"If we can't take this little step of raising taxes on the "top 2 percent of Americans," then we're doomed."

Why is anyone even QUESTIONING doing this? Jeez, the "top 2% of Americans" have been getting the lions share of the tax breaks for the last decade!

Not only did Bush never cut any spending or veto any appropriations, he started 2 dumbass foreign wars OFF BUDGET that we're still unwinding.



To: patron_anejo_por_favor who wrote (267471)8/9/2010 10:22:15 AM
From: Jim McMannisRead Replies (3) | Respond to of 306849
 
I keep wondering where they come up with the $200k-$250k levels?



To: patron_anejo_por_favor who wrote (267471)8/9/2010 10:24:56 AM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
Chart of the Day: 60 minute SPX.

Still watching the big bear wedge on this. It got to the lower boundary Friday, but bounced off without breaking it:




To: patron_anejo_por_favor who wrote (267471)8/9/2010 10:28:38 AM
From: DebtBombRespond to of 306849
 
"Peak pretending now joins peak oil, peak credit, peak rare earths, and all the other peaks visible to us humble valley dwellers. Pretending bought America two years of respite from the ravages of fraud and mismanagement, but now the true condition of this society reveals itself like the disfigured ghoul in the sewer lowering his mask. Further pretending is unnecessary now. We're even beyond the "modified limited hang-out" stance, as a long-ago presidential counselor once put his PR strategy in the face of crumbling public credulity. When nothing is believable, what's the point in even pretending?"
kunstler.com