TPS

No. I could only take the first 10 minutes, which then made me look up his business. People who have an interest in selling gold to other people make these kinds of idiotic claims. Peter Schiff did this a lot too. The hyperinflationistas! It's the end of fiat currency...look out!

There really is no historical norm for this statistic. It increased significantly when various social and economic factors led to the rise of two-income households beginning in the 1970s. It started a significant decline in 2010 because that's when the first year of the baby-boom generation turned 65. It's a combination of a poor overall labor market and the baby-boom retiring. Me thinks some of these guys don't understand the definition of the participation rate....

“I am concerned that the size of some of these institutions becomes so large that it does become difficult to prosecute them,” Holder said. He said he was “inhibited” by the fact that a criminal charge could have a negative impact on the U.S. and possibly world economy. Yeah, I'm sure they really wanted to go after them. It's a rigged system. The banks make a billion, then pay a 5% "fine" to the government. If the dems or reps go after Wall Street, then the don't get their "contributions" and speaking fees. Regulators have been captured by the industries they are supposed to oversee. You mention in another post something I've been saying for a long time, regulations are meant to punish the small firms and protect the big guys from competition. Here's what the SEC does...

Typical hogwash sold by someone who's primary interest is in selling gold to others.

I was answering your query highlighted, not addressing how it affects retail investors. Again, nothing wrong with having the "best" information, but there is something wrong in falsifying and misinforming for profit. The penalties as so small in comparison to the profits made that it happens over, and over, and over, and over..... Surely that hurts retail investors at some point though.

What this essentially says, but GS certainly won't be this direct, is that if wages continue to stagnate and productivity continues to rise, inequality will continue to worsen. Despite all of the claptrap about crazy Sanders and Trump, I believe this is what is driving their populatiry. Also, I think what Rhino was trying to state, though it goes back to the late 1970s, there has been a class war waged against most workers for the past 36 years in order to suppress their bargaining power. Corporate margins are high because wages are stagnant. If corporations fail to share the benefits from productivity gains, then one must question the system....

It's not unfair to have better information, but how they use it and abuse it... Abacus cadabacus.... MBS fraud Conflicts between their research and trading divisions Sending wrong information by "error"...cough! cough! And on....

Ronnie, he's more of a punt catcher...

We have millions of unemployed in order to keep wages down. You'll note that the number one business organization in the US (the chamber of commerce) is always pro-immigration for the same reason. Also, the Fed won't let the economy get "roaring." The Fed will raise interest rates to prevent wages and prices from rising beyond their target level. At some point, higher interest rates cause a slow down, increasing unemployment and restraining wages. Then they'll start the cycle all over again...

The theory focused on supply of output, which is a direct function of labor. As I said, Keynes debunked that stupid theory, for the most part. Most now accept that demand drives the economy over any meaningful period of time; however, long run growth theory is supply-focused. The ability to produce is a function of labor supply growth and productivity, related to capital stock and technology. Adherents of Say's Law argued if there was insufficient demand in the short run, it would be corrected in the long run. Their fixation on the long run solution is what underlies a famous quip by Keynes: "In the long run we're all dead."

Say's Law (after the French economist of the 19th century). David Ricardo supported it, and it dominated classical economics until Keynes' refutation in 1936. One could argue it's the foundation for modern Supply-side economics.

that was funny.

while I know that's a question (mixed in with a statement or vice versa), how'd you do predicting the last presidential election? sanders and Warren, of course!

Panthers. I'm rooting for Bruce DeHaven given his current battle AND being canned by Wade as the escape goat for the Music City Manipulation....

The article is a simple explanation for why Trump and Sanders are so popular. Populism coming from both sides of the spectrum.

Draft a kicker this year who can do both and free up some cap space.

My annual reminder for those who believed the Fed's QE policies would lead to high inflation. (Un?)Fortunately, Charles "clueless" Plosser has retired from the Fed so we won't be getting any more of his "dire" warnings about how the $2.5 trillion in excess reserves (which are still there) will lead to future inflation....

Doc, A of couple years ago we did a family cruise in July and did a full day trip to Rome as part of it. Everything was insanely crowded, and it would've been a total disaster had we not booked a great tour and guide who was able to get us through the insane lines at both the Coliseum, cathedral, and Vatican. It's well worth it to pay a premium. While I am sure there are great restaurants all over Rome, we went to this place, La Cabana. Two of our dishes stand out. The Carbonara was to die for, and I have tried to replicate it to no avail. The fried zucchini blossoms were amazing! I believe we walked to the restaurant after visiting the Trevi fountain. I dream of this place, and I used to cook for a living in my youth... You will enjoy no matter what. Cheers, tps

Rooting for panthers because they can beat the pats.

This is a good line of thinking. Regardless of how they get one, they need a true NT. As you state, it would allow Dareus to move to LDE where he could play a role similar to Wilkerson who had 16.5 sacks over the 2013 and 2014 seasons. Jerry Hughes is probably better athletically than Calvin Pace who had 15 sacks at ROLB over those two seasons. They will need to bolster the LB core thought...

Definitely Powell, he seemed on the verge of breaking out; I'd try to keep Hogan and Mills for depth and competition.

One simple example, the guy states that surpluses must be returned to the government, then says this is "the government confiscating Fed assets." That's confusing income flows with balance sheet values.

It's not an article; it's the rantings from someone who does not understand how the Fed works.

Watch that pal....

that's how I knew the housing bubble was at its peak, my mother-in-law bought a condo in Florida before the building was even built...