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hey lucrum, I watched an episode of American Greed on CNBS last night (the only worthwhile program on that channel.). They featured some con named Marcus Schenker who conned a group of airline pilots in Atlanta out of some money. The pilots did get it all back though when the company this...

sorry, I had to chuckle a bit...just because it's such a startling dichotomy to all the laws about kids being in properly fitted booster seats nowadays, etc, etc...

Well, you are calling Tsing Tao a cynic...IMO, the problem we have in this country is that people are not cynical ENOUGH. After all, each election cycle the voters line up and think something will change the next time around. Then again, you are also the same guy who continually cheerleads...

lol....really...lol if you are saying that in 2012, you are a confirmed pollyana.

A battle between blowhards. It's no coincidence that both of them might also be clinically insane.

And those states with the large pension obligations, what do you think they are CURRENTLY doing? They cut services, stiff their suppliers, delay payments for months, years owed to companies due their money for either services, taxes, medical payments, etc, etc...and on top of all that they go...

I know...That's something that I've felt could bite them in the ass once again with this 4-5 years of ZIRP and the need to chase yield once again. Of course, a good amount of US exposure to Europe can be traced back to ZIRP as well. It's why I believe insurers and pensions (and possibly...

Those are very good points. It's really just all borrowing from the future and then postpoing that day of reckoning until tomorrow, next week, next year, etc, etc... The problem is that we have a bunch of pollyana's around these parts that actually believe that unlimited Quant Easing will...

There is/was a very credible alternative to Romney. Then again I'm pretty certain you fall into the same category as Trader666 and 377Ohms.

Mittens is the "safe" choice. He will do or say whatever the latest polling numbers suggest would win him the nomination. The guy will outspend any other candidate, and as many have suggested, try to purchase the Presidency. Since the guy would lean towards the "center" on many issues, the...

I know the question was directed at Lucrum...nonetheless, I agree wtih many of the points you've made and I've made these very same points a number of times in various threads. Technology has replaced millions of jobs, in addition to the wage/labor arbitrage, that this country will never be...

I think your act played better when it was just an endless stream of rhetorical questions...

wow, how much does this "wind at your back" analysis cost subscribers?

The recession/depression has already done a bang up job of ridding the country of illegals. Many have returned to Mexico in the past 3-4 years as job opportunities went down the drain when the real estate bubble popped. Sticter hiring rules also eliminated a significant number. Border...

I'm less and less inclined to even read most of the shit posted by the twin "progressive's" who create threads just to toss softballs back and forth. Makes no difference really. The country is fubar. Why bother worrying about it or trying to come up with solutions.

Funny, how you always seem to take personal insult to anybody that happens "cast aspersions" at Marketsurfer.

Well said. The policy holders are also paying the price if/when these insurance companies can't generate enough return (thanks to ZIRP).

Yeah, a few of us see thru Shillovic's song and dance. Per usual, he'll start gloating on any short term squeeze as if to imply he made out like a bandit...hoping that everyone forgets all the rest of his knife catching episodes.

Great post. Funny how the intent of Bernanke and ZIRP were to drive anyone and everyone into risk assets and how "well" that is turning out. Odds are that the pensions will be "broker" and a number of insurance companies will be in dire straits after the "mandate" to move into alternative...

It's been a part of the plan for alot longer than Bernanke, it was just labeled as a "conspiracy" if anybody mentioned it prior to 2010. I'd argue Greenspan was de facto targeting stock prices at many junctures from 1995 onwards. The surprise rate cuts, the garbelled language, but one thing...