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okay, now I've seen everything on this site. This must be a joke.

Oy, bob, you really are Russian. You still write in a Russian accent (your articles are all messed up:). Not meant to be an insult, btw. Just saying I recognize a fellow refugee from the rodina and all. Bernanke is desperately trying to create inflation to inflate away government debt...

Yep. That always works so well everywhere it's tried that we're the only country seriously considering creating this fall back. But don't worry. The Obamessiah has a plan to save or create all kinds of shit.

Well, the bill for healthcare is more like $2.5 Trillion, but what's a trillion or two between friends. Public Choice theory explains why politicians will always make decisions that screw us. Whether the politician is a Republican or a Democrat his incentive is always to sell his power to...

You're smart to be prepared. I hope your preparation includes assets held outside the borders of the United States. The Fed hope to inflate away the national debt and it's foolish enough to believe that it can centrally plan inflation.

He is the only legislator on the Hill with an actual brain. The rest are there because they couldn't get a real job.

We execute a strategy which makes us agnostic to the direction the market moves. So, generally, I don't care where the market is going. However, lately, I've become alarmed when the market moves up powered by hopium. The Fed has basically made it clear that it will repeat the mistakes of...

I hate to nitpick and all, but BHO managed to triple the budget deficit he inherited from the previous monkey in his first three months in office. So, pardon me if I don't buy the "poor barack inherited all this bad mess".

Yep - for the small business. For the employee, not so much. And the poor schmuck doesn't have the option to not have health insurance because Mistress Pelosi knows what's best for him.

Actually, the swine flu isn't even such a bad flu (right now) - unless you have an underlying condition. I think the fear is that it'll become a pandemic. It's already skipped to cats. People should be careful, but I don't plan to get the vaccine.

Some of the criticism is baseless. A lot of it isn't.

Hey, btw, in case anyone isn't yet tired of hearing my stories from my childhood in communist Russia and even if you are...... This is also how it worked there. the <i>Nomenklatura</i> got everything first. We only got hard to obtain medicine if there was any left and then you had to...

I see. My mistake. Thanks for sorting me out. So, the children we're talking about aren't "dying", they're compromised and in high risk groups. This is terrible. Typical, but horrible. Thank God we've got all those lovely altruistic folks in government who have nothing but our best...

Um....I hate to be the one to point this out, but if the children are already dying in the hospital, it's too late for the vaccine. Leave it to Huffpo to say such an idiotic thing. This, folks, is what happens when the government gets to decide who gets the vaccine. Kids, who are in a...

Well, according Joe's previous statement, even if he does everything right, there's still a 30% chance that he'll be wrong.

Gotta re-inflate the bubble. That's usually sound economic policy. /end sarcasm.

Yes, it's a great book. A great illustration of why quants make terrible traders - as a general rule.

How much investor capital can this guy lose in one lifetime?

I know several former MBS & CDS traders who are out of work. Also, a portfolio manager from a blown-up hedge fund. The CDS trader left because he wasn't going to make any money even if he stayed - although he is a successful trader and he was the senior trader on the desk or a large foreign...

My only beef is with the corrosive power of lobbyists. There's nothing inherently wrong with lobbying for one's interests. Often a lobby is the only way for a common citizen to let his representative know his wishes. The problem is that government has become too powerful and politicians...