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  1. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Since you have diagnosed me as "slow" in your previous posts, please allow me to reciprocate... I find your views quite extreme and touchingly naive (given your comment about parenting, I have to guess that you're quite young). Furthermore, your attachment to labels and names (everyone who...
  2. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    We will have to agree to disagree on this one, I'm afraid... I suppose this is a debate as old as human civilization itself, so I doubt that I can contribute anything meaningfully new to it. Neither could I hope to convince you that you're wrong, given that so much has been written on the...
  3. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    I totally agree with this... Since I've lived in the UK for many years, I have quite a bit of direct experience with the NHS. I also know about other people's experiences. I actually think it's amazingly good at some things (e.g. treatments for serious conditions). At the same time, it's...
  4. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Interesting view... I'm curious, do you happen to have any children of your own? If you do or you intend to, I think you should definitely attempt parenting by honestly and wholeheartedly applying the rules you have given above and see how far it gets you. Firstly, where did I ever suggest...
  5. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Firstly, life is full of phenomena where you are born, you didn't opt in, and yet you have to abide by the rules imposed on you by either your family or larger society. I sure hope you won't argue that this is everywhere and always a bad thing (far be it from me to suggest that it's always a...
  6. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Firstly, there's no need to get personal... Secondly, what are you talking about when you say "NO CHOICE"? Haven't we just talked about it? You're free to opt out of living in my democracy and go somewhere else, if you don't like the rules imposed by the majority. There, you can opt out...
  7. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Fantastisch! Doesn't this mean you're OK with the will of the majority and democracy as a result?
  8. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Well, my suggestion, if you read my last post, was actually different to yours... I was saying that if people want to "free ride", they're free to opt out of living in my community. Conversely, if they choose to live in my community, they agree to abide by the rules set by the majority. As...
  9. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    But what if my community decides that we don't want to accept "free riders"? In fact, my community gives you the freedom to choose whether to live in it or not, but if you choose the former, you would have to abide by the rules set by the majority. What is wrong with this approach and how is...
  10. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Firstly, please note that my hypothetical question was about clean public spaces, not your private property. Therefore you haven't actually offered me any specific solutions. Secondly, like I said, why do you get to choose what should and shouldn't be public in my community? Isn't that a form...
  11. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Let's say I am one of the holdouts that just doesn't want to pay anything for any service? What happens then? As to your broad comment, "held to a minimum" is a rather vague statement. Can you please explain to me how you think it should work in the specific hypothetical example I've given...
  12. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    So how do you intend to deal with the "free rider" problem then? Let's say 90% of the townspeople vote to pay for daily garbage collection in public spaces. The holdout 10% get to enjoy clean streets without paying anything. Does that sound reasonable to you?
  13. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    Hold on a moment, please... Hypothetically, let's take a small community, like a township. The people there come together and decide to elect a mayor or a council, which would deal with the various everyday issues that the community faces (e.g. policing, courts, education, etc). Also, in...
  14. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    A hypothetical question, pls, if I may... All these slogans and theories about "people deciding what views to accept individually" are fine and dandy. What if people voluntarily decided to get together (in order, for instance, to increase their bargaining power) and delegate some decisions to...
  15. M

    SPX Dec 27 expiry question

    I saw smth on the CBOE site, but couldn't figure it out... Also, optionistics.com seems to do it, but I haven't really verified if it's all correct.
  16. M

    SPX Dec 27 expiry question

    As others have mentioned, this one's so close to home, it almost makes no sense to think of it as an option, in a way.
  17. M

    New !! CME Fed Funds-Eurodollars Exchange Spread

    Ha, I can invent whatever random thing any day... Issue is that it needs to reflect some commonly used, healthy money market rate. At the moment, there just ain't one.
  18. M

    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    I think a small co-pay (say, £5) charged for all doctor appointments and treatments would do wonders. The point isn't that it's going to raise a lot of money, but that it will eliminate a lot of wasteful and often abusive practices. I think they were looking at this in places like Australia...
  19. M

    SPX Dec 27 expiry question

    Where are the same strike and expiry puts marked?
  20. M

    New !! CME Fed Funds-Eurodollars Exchange Spread

    Something is coming, I am reasonably sure... All the regulators are very keen on getting rid of LIBOR, especially the FCA here in the U.K. It's not clear to me how all this will happen and there are tons of uncertainties. Still both Eurodollar and Fedfund futures are likely to go away or...
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