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The lens with which you view the world will pretty much give you the view of the world you want/seek. The trick is to try and have as clear and unfiltered a lens as possible.

I agree, definitely the lesser of several evils as far as taxes go. Makes far more sense to tax unproductive assets than productive work. The transfer of wealth also creates economic activity. Philosophically it sucks but practically it is less objectionable than taxing the product of ongoing...

Brandon, my very best wishes to you, sending you positive energy man. You are a remarkable person and truely a lesson to us all to live life to the fullest despite circumstances. Thank you for sharing this particularly timely wisdom, and by living it, your example inspires us. I am humbled by...

http://www.theatlantic.com/doc/200903/postrel-drugs

Is the US going to descend in to Mad Max anarchy: No (seriously get a grip if you are worried about this) Is the US going to look very different in 20 years: Yes though probably not as different as some imagine. What hasn't and won't change? The time tested values are what will put you in...

Transaction tax is a terrible idea and am hearing that many in the NE dem caucus that are against it too. The more I think about it and the longer things are allowed to deteriorate the closer I come to Disciplinedhedger's position that this plan would not create that many jobs. It would...

http://www.hussmanfunds.com/wmc/wmc090217.htm

Good posts MO, and you are right the strong must stand taller than ever right now helping in whatever way we can so that this great country will not fall to the ignorant who are willing to throw everything of value away like a spoilt child who doesn't like that his new toy has a speck of dust on...

In my younger years I used to volunteer at a big regional food bank. We used to do all these drives and collect food from all over the region, high schools, post offices, hospitals etc. People would go to the supermarket and buy stuff at retail and donate it. It would then be put in to the food...

http://online.wsj.com/article/SB123491755140004565.html Lee County judges say they are trying to screen for cases that would benefit from mediation, but Chief Judge G. Keith Cary opposes making such a requirement. "A guy hasn't paid his mortgage in over a year,'' says Judge Cary. "What's...

$75B to reduce mortgages by an average of $8k! Yeah, that will be as effective as adding $13 to everyone's pay check. They are not even trying to make us believe they are trying!

LOL yeah target the traders, not the lawyers and administrators that have fucked up healthcare and take 40c of every healthcare $, or some 8% of GDP. The tort lawyers who add a hidden 10-20% surcharge to most goods and services. The hoards of tax support services that we have to employ so that...

Yes, and probably from somewhere outside the US too as I know I am glad I have two passports given the way that things seemingly intentionally are being fucked up. I say intentionally because can they really be as incompetent as their actions would suggest?

They just don't get it, it isn't about reducing mortgage payments, people with no job can't afford reduced mortgage payments. It is about incetivizing the private sector to put people to work even if it will be subsidized work for a couple of years, and productive work, not the digging and...

What this says to me is that a big fast move is coming, you don't need to pick a direction.

I think that I see it too, the basic indicators like stochastics seem to be working strangely well the last few weeks possibly because there rae so many noobs in the market using them now.

Check out the Dow transports, the new tell? The sox and the Qs are both sitting on their down trend line. The sox has been a leading tell for a while now, if it closes below it is worth noting.

It is only a month since Lloyds Banking Group, reassured investors that there had been no deterioration in HBOS's balance sheet in December. Now it says it will report £4 billion of mark-to-market losses on its treasury book and -- most worryingly -- £7 billion of impairments on its corporate...

Anyone who wants to come out of the cave and wake up watch this http://video.google.com/videoplay?docid=-594683847743189197 Start at 11:30, the intro is a lot of annoying graphics and noise, just watch the religious part, the rest of it about the fed etc is nonsense.

Priced in? I think not. It is only a month since Lloyds Banking Group, reassured investors that there had been no deterioration in HBOS's balance sheet in December. Now it says it will report £4 billion of mark-to-market losses on its treasury book and -- most worryingly -- £7 billion of...