Greed is also the reason government should stay out of markets. Government stops the best from winning and props up the losers.

Banks “We have better things to do with that money you gave us than lend it out” By: Ian Welsh Saturday October 25, 2008 4:02 pm Reports are surfacing that banks haven’t noticeably increased lending because of the bailout money and they bloody well don’t intend to, thanks. Gee, what a surprise, the bailout didn’t [...]

Politics and trading “should” mix. If speaking only from a technical analysis point, no, not really. However, if you want a (banking) system that is resistant to bubbles and crashes and creates real savings and real investment, then yes politics is very important. What good is it to be a millionaire if a million dollars [...]

Someone makes up a company, and needs capital to expand the business.   An investor gives the company money.  Why would the company want to give it back? This is why a crash once in a while is a good thing.  A crash keeps it real.  If its unreal for too long you get a depression. [...]

Resistance is futile. Actually, resistance is more important to a pattern than anything else. If you know where resistance is, you know where the momentum will go after the resistance breaks. #1 rule. Look for a pattern with the most OBVIOUS resistance. #2 rule. Pray that it breaks. #3 rule. Wait on the other side [...]

Required educational material. http://abcnews.go.com/video/playerIndex?id=6062018 http://www.dailynewscaster.com/2008/10/18/john-stossel-politically-incorrect/

The banks have no money. They create it and profit when the loan is repaid.  The Federal Reserve scam needs to end.  EndtheFed.com “In 1969 there was a Minnesota court case involving a man named Jerome Daly, who was challenging the foreclosure of his home by the bank, which provided the loan to purchase it. [...]

Great Speech!  Let the Revolution begin!

Positive-Sum Games The opposite of course is a positive sum game, where each player expects to win, although the degree of winning may differ. Spin the bottle is of course an example of this type of game. Any cooperative game (the type I hate playing, which is why I cannot think of more examples) would qualify as [...]