Specifically:
"Let us sum up: traders are borrowing at negative 20 per cent rates to invest on a highly leveraged basis on a mass of risky global assets that are rising in price due to excess liquidity and a massive carry trade. Every investor who plays this risky game looks like a genius even if they are just riding a huge bubble financed by a large negative cost of borrowing as the total returns have been in the 50-70 per cent range since March."
read moreAP Article - go to link.
read moreWASHINGTON (AP) - A Colorado company said it created 4,231 jobs with the help of President Barack Obama's economic recovery plan. The real number: fewer than 1,000.
A child care center in Florida said it saved 129 jobs with the help of stimulus money. Instead, it gave pay raises to its existing employees.
Elsewhere in the U.S., some jobs credited to the stimulus program were counted two, three, four or even more times.
The government has overstated by thousands the number of jobs it has created or saved with federal contracts under the president's $787 billion recovery program, according to an Associated Press review of data released in the program's first progress report.
read moreThe defense bill President Barack Obama will sign into law on Wednesday contains a new provision that would pay Taliban fighters who renounce the insurgency, Senate Armed Services Committee Chairman Carl Levin said on Tuesday. The provision establishes a program in Afghanistan similar to one used in Iraq where former fighters were re-integrated into Iraqi society, Levin told Reuters.
read moreObama's decision not to build the Missile Defense System in Poland and the Czech Republic and his Noble Prize have not yet been comprehended from a philosophical viewpoint. It's time to do it.
The last turning point similar to the current one happened approximately 400 years ago. The Western European society discovered a new hierarchy of values. Feudalism that valued service and chivalry was replaced with capitalism. Wealth became the measure of success, and everyone was to care about his own pocket only. The cult of money replaced all other values, including religious.


It can be like Rex' firday night music thread only on saturday night! I must warn you - my husband and son use me as the go-to answer person when neither can answer the question - no, I do not get to play with them...you put the first one up - I'll be there!