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I wouldn't be suprised if he's captured right before the election. As SNL's Church Lady (Dana Carvey) would say, "Howww conveeeeeeeeenient."

What tax break? AFAIK it's called "the marriage _penalty_" and (I presume) cancels out the ability to claim the spouse as a dependent. Otherwise, I agree with you. --laz

SPOOZ SCALP CRKWHR MMKLLR TRDWNK QCHRTSKS GEKKO BIDASK BIDSMSHR USDCHF (for you forex junkies)

I don't think this is a repeat: Three mice are sitting in a bar, having drinks after a long day of stealing cheese. One bets the others a round that he's the toughest mouse. They all agree to the bet. The first mouse slugs back his Stoli and says, "I'm so tough, when I get up in the...

I think you're talking about Macau (sp?). Pari-mutuel betting effectively lets the punters set the odds, so there are often pricing inefficiencies. There's so much money in the races there that it is possible to bet hundreds of thousands, or more, without shifting the lines. There's a great...

My account is flat for 2004, but my biggest gainer in the last twelve months was sur.v (cdnx:sur for quote.com users), +1250% Sadly, I only bought $2k worth. Its now paying for grad school. Regards, --laz

ROFLMAO C# would throw the condom into a blister-pack with a swiss-army knife, and sell it to java after much negotiation between their Marshalls..

What I'm really getting at is the interaction between other-than-mortgage debt (e.g. credit cards) and mortgages. You are right to note that I assume some increase in unemployment. If you're right about export demand due to a lower dollar resulting in increased employment, I think we should...

I'm aware of e-gold and e-dinar (and i wish they'd get even more popular), but I was actually talking about a push ot use gold dinar (but not the e-version) as a unit of account for inter-islamic global trade. Best Regards, Laz

Apologies, but this is a personal pet peeve--- it's "poseur" not "poser", from the french. " One who affects a particular attribute, attitude, or identity to impress or influence others." The only dictionary that allows 'poser' as a synonym is WordNet 1.6, and, well, that's certainly...

That is definitely the truth. The Blanchard v. JPM suit is going to discovery-- I think we'll have an even deeper understanding of how complicated it is soon. I'm not so sure that it is certain. Witness the popularity of the gold dinar. It's a store of value that doesn't depend on...

I think you underestimate the effect that equity appreciation possibilities have had on 'trade-up' housing sales. If RE values sink, putting any fraction of houses 'under water' relative to outstanding mortgage balances, people will just walk away from their homes when they start having...

I was trying to give the austrian argument without saying 'austrian', so we didn't get into a 'Chicago Rulez, Austria Droolz' sort of debate. ;) I, personally, think we get a hard landing. A housing bubble is one thing, but a housing bubble + currency probs + other systemic risks...

This makes a lot of sense. The only reason a strong dictator like Hussein 'evolved' there is that Iraq is a bizarre result of whimsical british partitioning, lines drawn without regard for their 'naturality'. Furthermore, it would solve the extant memetic conflict; i.e., hierarchical...

Furthermore, there's (admittedly conspiracist) speculation that the EC printed EUR$500 notes to entice the underground economy to support the currency (transport costs, sometimes a significant part of the total laundering fee, get cut by 80%). --laz

The hedonic adjustments provide further cover for the shell game of "hide the inflation" currently played. You are correct that, in a 'guns and butter' economy that relative supply/demand differences control pricing behavior. But financial policy can engender distortions in this behavior...

Well, it might not. The growth of costs of education and health care, in particular, far outstrip growth rates in population and GDP as a whole. Regards, Laz

I think the problem is in the interpretation of the statement. I'm not familiar with Ross's work, but "trade what you see, not what you think" sounds more like an inadequate description (as all such descriptions must be) of Zen in trading. You could formulate the same statement as "Trade...

Insurance company?