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    Higher Minimum Wage Coming Soon

    I don't get what you're asking. Is it my position on outsourcing? I'm against widespread outsourcing, it may produce a short term gain but once you've given enough means of production to another country you start feeling all of the negative externalities that go along with it.
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    Fast food places now getting applications from people with bachelors degrees

    Exactly what lemmings say as they follow the leader right off the cliff. Just don't come crying when you try to sell your positions when a bubble collapses only to find out GS high-frequency trading platforms has beaten you to the punch.
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    Chrysler Financial repays $1.5 Bln TARP gov't loan

    Agents maximizing their own pay-off subject to perceived game theory nash equilibrium. Chrysler Financial CEO: "Hmm.. Should I pay back the government now and risk the mid-long term financial stability of the company OR keep the money and be subjected to whatever pay-cuts the government wants...
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    Venture Capital bubble...

    http://www.economist.com/businessfinance/displayStory.cfm?story_id=13998760&source=hptextfeature "The problem is that although many venture capitalists have been outstanding at raising cash, they have been pretty lousy at investing it. Even after the dotcom bust, endowments, pension funds and...
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    Higher Minimum Wage Coming Soon

    Nice strawman. I never stated that unions are a necessarily positive force; in fact I am personally outraged at the action various unions have taken at the behest of unwitting employers. That said, it is delusional to fail to see the basic economics underpinning the forces guiding...
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    Higher Minimum Wage Coming Soon

    Read 'The Grapes of Wrath' by Steinbeck. When depression strikes and there is a vast over-supply of labour, desperate men are taken advantage of by ruthless employers. I mean, you could conceivably not enforce a minimum wage. But you would either have to provide an effective and efficient...
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    Black professor calls slavery reparations foolish

    Illogical premise. Perhaps the North became rich off the cheap labour of the South through indirect means?
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    Another Egghead Fraud Unmasked

    7-8% returns for stocks is not a "BS" theoretical amount. Indeed, stocks should theoretically return far more than bonds over any "lengthy" time horizon, as they exhibit more volatility and such risk must be compensated. There are therefore 3 possibilities as to why 25 year bonds have...
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    Bernanke To Host Circus...Umm...I Mean 'Town Hall' Meeting, w/Audience Participation

    A public-private body that regulates banks and interest rates is not a bad idea in theory. Of course, to be sustainable, it would require: a) Far more transparency and accountability. b) To be stricken of its right to create any form of money (M1, M2, M3, etc). c) A privatized...
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    •AIG Probably Has `Zero' Value For Private Holders, Citigroup Analyst Says

    Naw, the 30% chance could be the better case scenario and maybe they make big chunks of money (e.g., their insurance and derivatives pay off instead of costing money). So you could get 0 x 0.7 + $$$ x 0.3
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    Painful dark side to China's lending surge

    And if they trade in all their worthless fiat money for real commodities and get the power to charge whatever they want for those commodities like OPEC?
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    Is there a way to leverage DIVIDENDS?

    I'm not really following. If you own a call on a stock or index, you don't actually receive a dividend or any dividend yield. If the stock is to pay a dividend at t = 1, the option value should theoretically incorporate this expected fact and be valued as if the stock magically dropped in...
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    LTCM Founder Shuts Down Current Fund: Source

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=169443
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    Is there a way to leverage DIVIDENDS?

    If you believe in efficient arbitrage pricing of options (B-S model), this method wouldn't really be leveraging dividends, since the receipt of dividends is priced into the model.
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    How to make money in a deflationary, wealth destruction economy?

    Construct a portfolio of t-bills, t-bonds, blue-chip debt and put-options?
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    Humorous: AIG "erroneously delisted" as NYSE gets cyber-attacked

    http://www.cnbc.com/id/31801659 "The cyber attack on the exchange's Web site follows several technology-related incidents at the exchange last week. Among these incidents was an erroneous notice of delisting for American International Group [AIG 13.09 -0.66 (-4.8%) ] and an issue with...
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    An Anectode That Speaks Volumes: Dollar Store Puts My Local Hallmark Store Out of Biz

    When people switch from Hallmark to Dollar Store cars.... Lower prices !!! Higher Real Wages !!! ... no? ... but the CPI says so...
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    Krugman Warns Obama that He'll Face 1937 w/out More, Massive Stimulus

    Good analysis, you just forgot to mention how banks magically creating credit (and Wall Street firms buying the magic loans from banks) worked to fuel the consumption/investment binge and exacerbated the whole situation.
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    Goldman Gets To Regulate Oil Futures ?

    1) I'm not high on anything, I disdain Obama's economic "policy." I do, however, feel he is a good person and able to judge a person's character, albeit an economically confused one. 2) I know Goldman and Wall Street has backed Obama and the various links between the two. But this article...
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