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Barnhardt down
#1
http://www.zerohedge.com/news/entire-sys...l-casualty

Hmm.... there is of course also the possibility that she simply found politics more interesting than economics.... but if she is right ... Shock
Sanders 2020

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#2
Huh, that girl doesn't lack courage or conviction. Hope she doesn't get murdered.
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#3
Isn't she the gal who had the video where she castigated Goober Graham, just a few months ago?

This one here.

Ann Barnhardt Tears Islam-Appeasing Senator Apart!
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"Falsehood flies, and truth comes limping after it" - Jonathan Swift, 1710
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#4
The Active Investor website is now reporting on it too. I suspect it will be going viral soon, thanks to Rush today. I heard most of it coming home from some shopping.

Also Benzinga
___________________________________________________________________________________________________
"Falsehood flies, and truth comes limping after it" - Jonathan Swift, 1710
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#5
Yes, and Ann Barnhardt also tore Mitt Romney a new one, as well. Although most of her outrage was over RomneyCare, and how she thinks Romney will not stop ObamaCare. Since it is Romney's signal issue, that is a done deal. Truthfully, I think Palin's dismissal of Romney was more logical:

http://www.youtube.com/watch?v=SbL2u7NmNjQ

I'm thinking Newt looks better every day.
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#6
People going Galt is only the tip of the iceberg as far hazardous consequences of Corzine's crimes. Risk is one of the main ingredients to a healthy economy ... and one that is sorely missing right now. Hedges were intended to help mitigate those risks ... at least when they aren't managed by crooks. Contrary to Obama's contention that America has gotten "a little bit lazy" ... one of the main reasons that we are in such a world of suck is pucker factor ... and it shows no signs of abating.
"Democracy is the theory that the common people know what they want and deserve to get it good and hard."
-- Henry Mencken
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#7
More "skin in the game" needs to be demanded for the futures markets in order to prevent excessive betting. It is too much like semi-free gambling now. E.g. raise the amount of money that must be put down to buy futures or options.
Jefferson: I place economy among the first and important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty, or profusion and servitude. If we can prevent the government from wasting the labors of the people under the pretense of caring for them, they will be happy.
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#8
(11-28-2011, 06:06 PM)jt Wrote: More "skin in the game" needs to be demanded for the futures markets in order to prevent excessive betting. It is too much like semi-free gambling now. E.g. raise the amount of money that must be put down to buy futures or options.


I believe that notion got perverted in Dodd-Frank. It's my understanding that there are now restrictions on who can participate in some of these markets (a minimum amount of capital ... a million $ maybe ... and assorted 'credentials) in order to "protect investors from themselves". Gambling with other peoples money isn't really gambling as much as it is stealing. Now the system has been gamed to limit the number of small investors that would be allowed to put their own 'skin' in the game ... as opposed to 'professionals' that play with other peoples money ... essentially the legislation does the exact opposite of what you are suggesting ... go figure huh?
"Democracy is the theory that the common people know what they want and deserve to get it good and hard."
-- Henry Mencken
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#9
There is nothing to "go figure". Government in collusion with the wealthy with the exclusion of the "small guy" is nothing new in the world. Par for the course in corrupt nations, as we are becoming. Fascim? Corporatism? all the same, a hallmark of the recent administration and ruling party.

Lots of people use futures and options for legitimate purposes. Perhaps new market makers will arise to serve them.

Jefferson: I place economy among the first and important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty, or profusion and servitude. If we can prevent the government from wasting the labors of the people under the pretense of caring for them, they will be happy.
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