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I suppose I left myself wide open in my previous post. I view BHO in much the same light as I did Dubya...they campaign on a bunch of empty rhetoric and then just "waffle" back and forth on issues as they see fit. I'm still with Achilles' assessment of the current state of politics when he...

Obama served his "apprenticeship" in Cook County, Illinois. Unless you've spent any time in such a backwards assed place such as the "Chicago machine", you'd have absolutely no comprehension of how things work in the place. I'd argue that it's less about BHO's fortitude and ALL about the...

The irony is that you agree with much of what the "zerohedgers" stand for...except when you paint yourself into an ideological corner with your good friend BrASS. Just last week you were arguing against the repeal of Glass Steagall...perhaps not realizing that it was this seminal event that...

LOL, complete and utter bullshit.

btw, this thread is fascinating in a perverse way. We have the leftist's cheerleading hedge fund managers who are supportive of money printing/asset inflation...and the libertarians/conservatives who are calling out this form of counterfeiting for what it truly is... Some truly bizarre...

Christ, you are ridiculously naive. It's no surprise that you're all in on the hopium train...

Exactly. More to the point, why would anyone want to listen to a bunch of asset inflation cheerleaders who have literally no input costs to concern themselves with? Dumb ass Brass continues to prove that he has a third rate intellect.

Completely irrelevant.

Excellent point, but don't expect the idiot OP to acknowledge it. It's just further proof that this left-right bullshit is a pointless diversion.

So it's agreed upon that Stu is a cock sucking atheist? Glad we've got that settled.

Even worse, this asshole is a bigger loon than Krugman when it comes to quantitative easing. It's beyond laughable that this guy even talks about "capitalism".

I disagree. The new formula is to disclose a loss and then piecemeal adjust the loss higher and higher over a series of weeks. The initial figure is a shocker, but not apocalyptic. By the time the real number is revealed some time down the road, the headline shock has worn off and the...

This is where we meet the fork in the road. It's crystal clear to me that all of the regulatory changes in years past were designed to create the handful of TBTF institutions so as to provide cover for umpteen "overt" and "covert" bailouts. The lobbyists write all of the legislation anyway...

It really depends on the type of lending I suppose. The problem is that so many things have changed in ways unimaginable from 10-15 years ago that I'd bet it would be near impossible for these banks to even remotely model how certain loans would perform under various scenarios. In that case...

Exactly. And the fewer the players, the bigger the risk as it's concentrated amongst a select few behemoths. The shit I'm reading around here sounds like the kind of fluff I read prior to 2008.

Agreed. Thru the consolidation of myriad smaller banks throughout the 1990's-2000's and the repeal of Glass Steagall and regulatory capture, etc, etc...the TBTF entities are holding all the cards. Piggybank talks about standard practice lending vs highly leveraged non-transparent...

Of course...Every fag considers a straight guy someone that they can potentially "turn". So in your myopic world view, a homophobe is just a greater challenge. I'd tell you to get fucked, but then again you obviously do that on a regular basis.

Agree with you on this point. In fact, Trefoil and a few other ultra-leftwing types have made this point more than a few times and I've been banging the drum on this matter for years. Unfortunately, too many Repub memes about "free market this or that" when it's nothing more than a bullshit...

The guy/gal is a founding member of the hopium brigade.

It doesn't matter, Don/Indythink/cgroupman fell for it...hook, line and sinker.