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  1. M

    Occupy The Hood

    truly depressing, we are hosed
  2. M

    Mankiw's students want reality with their economics

    Too bad this thread is reduced to such triteness. Everyone should have the the right to say who their friends are and who gets their charity. It is rudely presumptious to butt into people's business like that. Back to topic, economics is hopelessly in bed with politics and that's how the...
  3. M

    I am the 1%, let's talk.

    how about the camel interest deduction, could they take that?
  4. M

    The "rally" - GDP up* *estimated....badly!

    The great news was that at least for today we don't have economic collapse. As long as earnings are ok, and we don't have catastrophe the market will float up from inflation if nothing else. What amazes me is the short time horizon of traders. Faster than Merkel can say Euro bailout the...
  5. M

    How much does life costs where you live?

    Life is how you define it, no? I am not sure what average means because there are so much disparity here is boring ol dayton ohio. Average Gross monthly salary: I would guess somewhere around US$4-5K a month per household. My wife and I are triple that but we live just like the average. Taxes...
  6. M

    Where does this market go if there is some kind of Eurozone resolution?

    not fully, but the market rallies on weak but positive data also I have always assumed Euro meltdown= recession
  7. M

    The days when trend traders get kicked hard?

    I bet gold is his code for Cialis
  8. M

    Where does this market go if there is some kind of Eurozone resolution?

    The market seems almost silly. Merkel plans to make a plan = rally, Merkel cancels todays announcement = selloff, Merkel plans a meeting wednesday= rally You would have to have manure for brains to make long term investment decisions off this so called news. It just shows you how short term...
  9. M

    The days when trend traders get kicked hard?

    I usually get my ass kicked when someone important like Merkel unexpectedly gets diarrhea of the mouth. It's part of market reality these days where markets are news driven.
  10. M

    The Biggest Myth in all of Economics

    I think what he meant to say is fiscal and monetary policy. I think good policy is necessary, we don't have good policy right now.
  11. M

    The Biggest Myth in all of Economics

    Tax cuts do pay for themselves IF you are to the right of the Laffer maximum. Productivity underpins GDP and living standards, not just 'hard work'. Technology is a productivity enhancer. I think Greece has a macro corruption problme more than anything else. One painful lesson from...
  12. M

    Went to the Bar to be Near People

    I am an introvert, my wife pretty much rules most of the house space. No idea why introvert means materialistic. The one thing that bothers me about extroverts is that they think you owe them your time and attention. Perfect strangers start conversations and keep going when clearly I don't want...
  13. M

    The 8 biggest economic lies

    ...more interesting anecdotes about some family values regarding health care http://en.wikipedia.org/wiki/Thalaikoothal Here's a liberal making a mess of things. The tortured contradiction is painful to read. First the liberal says that putting old people on icefloes and setting them...
  14. M

    The 8 biggest economic lies

    well Luc, random says we are a tribe. Of course that simple trite answer to a complicated and important issue ignores the fact that there have been countless tribes with countless different ways of handling health care, but hey he feels good about it and that's all that matters. Just think...
  15. M

    The 8 biggest economic lies

    What happens when the 'tribe' is broke? What makes your definition of tribe and family the only one? What if I don't want to be in your tribe?
  16. M

    The 8 biggest economic lies

    make you pay of course
  17. M

    The 8 biggest economic lies

    The fundamental question is- Why are you entitled to have others pay for your health care when you don't have the money? Of course there is no answer. The follow on the is how much and under what conditions? The fundamental problem is that the left has won the minds of the people. Everyone is...
  18. M

    The 8 biggest economic lies

    Judging by the number of foreign born doctors I have seen, I doubt there is an issue with american kids being blocked from the medical profession. The fact is that it is hard work with about 12 years of school, most kids don't want that and I certainly don't want the less bright ones convinced...
  19. M

    The 8 biggest economic lies

    ok I should have said discretionary and deficits. You are still wrong. No numbers, no evidence at all, just assertions which are at odds with numerical reality. You have a real problem with arithmetic. In summary you are wrong...
  20. M

    The 8 biggest economic lies

    A suspicion unsupported by any evidence, what's a fella supposed to make of that?
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