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  1. J

    The New GSE's - GS, MS, JPM, C

    The Congress and the Senate know full well. They also know who funds their re-election campaigns.
  2. J

    Blackjack player beats 3 Atlantic City Casinos for $15.1M

    Which is exactly my point. That particular bet isn't listed in the odds because it's not a permitted bet. Arguing the house edge on a bet no casino allows is pointless.
  3. J

    Blackjack player beats 3 Atlantic City Casinos for $15.1M

    Yes, all the blackjack books tell you that. There wouldn't be many of them if they didn't.
  4. J

    Blackjack player beats 3 Atlantic City Casinos for $15.1M

    Nope, the house always has an edge... Pass + 1X Odds 0.85% Pass + 2X Odds 0.61% Pass + 5X Odds 0.32% Pass + 10X Odds 0.18% Pass + 100X Odds 0.02% http://www.insidervlv.com/casinoodds.html
  5. J

    Blackjack player beats 3 Atlantic City Casinos for $15.1M

    The house has a .2% edge with single-deck blackjack and it jumps to .35% with double-deck. An eight deck shoe gives the house a .66% advantage. The house advantage for a craps pass line bet varies depending on the odds multiplier. A 1x bet has .85% and it drops down to .02% for a 100x bet...
  6. J

    had lunch with some HFT traders

    PTP is NTP on steroids, it keeps the clocks in multiple computers synchronized. It has nothing to do with timestamps on tick data. That's the responsibility of the source when/where the trade occurs. Once the tick is timestamped it's not modified, it becomes part of the tick.
  7. J

    The Federal Reserve Cartel: The Eight Families

    No, you're the one who's stuck inside the limited thinking of a conspiracy. The Fed was created because of simple greed, not a conspiracy. The banks saw a way to make a practically guaranteed profit and the politicians were wiling accomplices because it gave them a seemingly endless source...
  8. J

    The Federal Reserve Cartel: The Eight Families

    If they really had control over the global economy they would have never let themselves get into a position of owning $14TN worth of IOU's. When the guy that owes you most of what you lent has none to give then you're as broke as he is. First up in the great write-down is Greece. More are...
  9. J

    German Nuclear Plants to Close.

    What a lot of people don't realize is that a "spent" fuel rod has only used up 3% of the fissionable material present in the rod. He's arguing for fuel reprocessing, which would be great except for one problem -- it's both politically and commercially unrealistic.
  10. J

    German Nuclear Plants to Close.

    The problems with nuclear energy are not technology, it's management in the commercial sector and the government's continuing inability to address the problem of spent fuel disposal. With proper engineering, nuclear technology works, works well and is safe. All you need to do is look at is...
  11. J

    German Nuclear Plants to Close.

    Hydropower or Hydroelectric Power ...As a result of increased environmental regulation, the National Hydropower Association forecasts a decline in large-scale hydropower use through 2020. http://www.energysavers.gov/your_home/electricity/index.cfm/mytopic=10480 Hydroelectric power's dirty...
  12. J

    German Nuclear Plants to Close.

    This was written just today: Analysis: Germany, France fear nuclear power gap this summer By Reuters Tuesday, May 31, 2011 PARIS/FRANKFURT (Reuters) - Sun and wind in western Europe will be crucial this summer to ensure enough renewable electricity supplies to Germany and France, where...
  13. J

    German Nuclear Plants to Close.

    Not quite, all my figures are based on TWh, you're the one that referred to GW for PV. However, if you still think I'm mistaken then you're more than welcome to dispute it with some figures and links of your own. BTW, you can start with these...
  14. J

    Onion market reality

    Banning commodity futures outright would do a lot more harm than good. What you need to do is eliminate pure speculation by requiring that some percentage of contracts written or purchased are tied to the actual delivery of goods. Since futures typically requires 10% margin I'd say a good...
  15. J

    German Nuclear Plants to Close.

    Sound bites are great but, numbers tell an entirely different story. First, PV. Yep, Germany's gone all-in and 17TWh is a lot. But, in the scheme of things it's only 2% of Germany's total electric generation, which is around 600TWh. Second, yes again, Germany is a net exporter of...
  16. J

    German Nuclear Plants to Close.

    This is a classic case of political pandering. My guess is that within a few years Germany's going to completely reverse this move. It's simple math. 23% of Germany's electricity comes from 17 nuclear power plants. One was already off-line due to problems, the other seven were shut down...
  17. J

    Wake Up People!

    Okay, so you got the basic premise; your life has value. Now for the hard part -- no one is ever going to value your life more than theirs.
  18. J

    Intrade CEO dies on Mount Everest

    Different opinions are fine. Where people like Cutten lose in my book is by making it personal when someone has the temerity to not share his opinion on the matter.
  19. J

    Intrade CEO dies on Mount Everest

    I don't recall you berating those who, in this thread, offered their equally unsolicited sympathy. Also, not sure why you feel compelled to defend your opinion of his actions with baseless assumptions. That doesn't sound like something a tiger would do, more like something you'd expect...
  20. J

    what kind of life would you prefer?

    And they didn't give it all away to live a "normal" life like the rest of us because...?
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