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I rather like the shots he took at Cramer, but other than that he didn't seem to have anything to say.

A 15" monitor at 1920? Seriously?

For the household survey (which determines the unemployment rate) if you have done any amount of work, for any amount of pay (or profit), you are employed. So yes, the soccer mom who makes $50 a week is employed. Also, if you are self employed, or spend at least 15 hours working at a family...

Productivity gains may result in cheaper products in a few specific industries. But across the broad economy, won't any productivity gains be inflated away?

S2007, I understand what you are saying, and I usually ignore anything a politician has to say. But for whatever reason Obama (and Geithner has been doing this for a while also) preaching to me that I must be fiscally responsible irritates me to no end. It seriously makes we want to kick my...

I think it is quite obvious that the intent of TARP was never to increase lending (at least not directly or immeadiately). It was intended to cover massive holes in the balance sheet of banks, and perhaps even more importantly to shore up confidence in the banking system as a whole. Basically...

So it is the manufacturer that bears the brunt of the weak dollar, not the dealer? I assumed it would be the US dealership since they purchase their inventory with increasingly weaker dollars. I've probably got it wrong. I think it was 190/hr last summer, but that is priced in Hamptons dollars.

There are a little over 200 Porsche dealers in the country, so that is 8 per dealer, or about 2 cars a week per dealer. I wonder what the dealers profit margin is? I assume the weak dollar isn't helping. Of course the service departments at these dealerships are raking it in. And I believe...

I've been thinking about using this as an excuse to get to Vegas, as it's been a few years since I've been. However, looking at the Expo schedule there is literally not one single thing that looks useful. Maybe one of the live trading sessions - has anyone been to one of these? Are they...

Valley Girl

824,000 seems like a pretty big miss, even spread out over a year.

That was August, July was revised -28K

Since TradeStation 6.0 the software is subscription based, ie a monthly fee. You can still buy TradeStation 2000i second hand, I believe.

You are assuming constant M. Historically, government/central bank response to increases in Q has always been to increase M at a pace such that P is always increasing. I don't see why that would change?

You are talking about the price level in a specific market, which is largely driven by supply/demand in that particular market. What Austrians are talking about is the general level of prices across an economy, which is largely determined by supply/demand of money.

Like all good ponzi schemes! :D

"obviously speculation is never a good thing" hmm.....

Yes. If you listen to the speech he gave about Chrysler, he didn't just blame hedge funds, he used the term speculators several times. And he has said before that America needs to move towards an ecomony driven by "real" jobs and production, and not one where we sit at computers and sell pieces...

I just find it totally bizzare that a few months ago politicians were saying a bankruptcy of one of the big 3 was the most catastrophic event imaginable, and now it is being embraced as this wonderful event that will result in a much stronger auto industry. It's like government has given up...

since the beginning I've thought the transaction tax had little chance to happen. But I've looked at the language coming out of the administration lately and it looks like they are whipping up a populist revolt against financial entities. Look at the demonization of hedge funds over Chrysler...