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Founder, I appreciate that you call me "Lord"... I like "Master" and "Your Dark Majesty" forms of address as well. As to me being paid to post here, you're welcome to put in a bid for my time and efforts. I accept checks, Visa, MasterCard and Amex.

It's not easier to trade spreads than it is direction... Moreover, your initial post is silly without narrowing down what asset class you're talking about. That is the reason so many people, including myself reacted to your post the way they did.

Firstly, what does our discussion from back then have to do with you asking silly questions? Secondly, I see that not much has changed. You were a total ignoramus then and you still are today... Have you actually looked to check where the bond mkt is these days? The trade we were...

No, not anywhere near... If Blanchflower had his way, we'd be on permanent QE, come hell or high water.

Not at all... My comment was a general response to Tsing Tao, addressing the issue of my bias. It wasn't specific to the Goldies topic.

Thank you for the compliment. And yes, some ETers are delusional, as I'm pretty sure you'll agree. Others are naive, but i don't like to generalise. As to the people thinking that I am a banker apologist, I would say that these people haven't actually read my posts too carefully. I am, at...

Yeah, but take this with a pinch of salt, as this is Blanchflower talking. He's part of the ultra-dovish central banker fringe, with peeps like Posen and Svensson and maybe even more extreme than those two.

I'd be happy to be nominated in the "Best Supporting Post" category :).

Cool, thx... Best of luck to you!

Not quite... The methodology used to calculate the ADP number is in some ways similar to the one used for the BLS NFP releases. You can find the details here: http://www.adpemploymentreport.com/PDF/REVISED_METHODOLOGY_DEC_2008.pdf

That is interesting... How has that worked for you, on balance?

I like CalculatedRisk for just such a collection of relatively non-mainstream economic statistics. I have nothing to do with any of it, so this isn't a plug. http://www.calculatedriskblog.com/

Sure, I understand your frustration, but surely shutting one of these sources of data isn't the optimal solution (unless, of course, there's evidence that there's deliberate misrepresentation)? Shouldn't we try to understand as much as we can about why they're so wildly different? Or maybe...

Don't know about others, but I'm spreading the word of the day. Hope everyone knows what the word of the day is.

Say what?

Mods, pls don't ban Founder... I don't know what I'd do without him/her.

I don't understand... I thought one of the issues with government statistics is that they're untrustworthy? Now you have a private sector source of employment data and you want Uncle Sam to shut it down? Don't you think it's a good thing to have access to both and to be able to have a choice?

Have you read Matt Taibbi's Rolling Stone articles about Goldman? He invented the "Vampire Squid" moniker, AFAIK. The exact line is "[Goldman] is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money." Here's...

Yes, you have found me out, Founder (pun intended)!!!!! You Sherlock you!!! My full name is Lloyd Bernanke Blankfein and I am on a mission to take over the world, one trading forum at a time. Given I am the embodiment of Evil, I will be wielding the red lightsaber. <iframe width="425"...

No, not at all... With all due respect, you're barking up the wrong tree here. I am not suggesting that wanting "insurance" is a good reason to have faith. I just find the argument interesting, even though I am not at all a man of faith myself.