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    So-called progressive prosecutors and policies under fire

    You do know that this big city prostitution stuff is all part of George Soros's plan to replace white Christian Americans with brown and black breeders? That's why these liberal, soft-on-crime prosecutors are not going after sex crimes anymore? Soros pays'em off through Acorn. George Soros, the...
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    Mindset of Chairman Powell

    You're right! The Oilers lost to the Avalanche (again!), and what is the Central Bank doing about it ... absolutely nothing! It's criminal I tell you. Why doesn't Powell pump more oil, lower the cost of rent, bring down shipping costs and grow more wheat. What the hell is he waiting for.
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    Russia & Ukraine

    we are not sending enough. We need to send several hundred of these rocket systems. Right away!
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    Russia & Ukraine

    Let it turn into a world confrontation. Does anyone think Putin can win against the world? I am certain Putin doesn't think so. Consequently this will not turn into a world confrontation.
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    Mohamed A. El-Erian doesn't get it either

    There is a huge myth about fed "printing". It pervades elite trader forums like a roach infestation and results in many wrong conclusions being drawn. It stems from confusion over the source of new (outside) money. This new money is created by Congress's deficits, which the fed does, in...
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    Mohamed A. El-Erian doesn't get it either

    Usually not just fed made.
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    Mohamed A. El-Erian doesn't get it either

    Under some special circumstances the market can move almost lock step with the dollar, but his is not the usual case. Most often those factors driving the equities market are quite apart from those driving core inflation.
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    City Run by Democrats for 60 Straight Years Ranked Worst Place To Raise Family

    I can not recommend Mississippi for anything except the Blues.
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    City Run by Democrats for 60 Straight Years Ranked Worst Place To Raise Family

    definitely don't raise kids in Detroit, Raise them in a nice Republican place like the Hamptons, or possibly Santa Barbara. Greenwich may be acceptable for kid raising, but beware of unwholesome influences from tattooed, working class liberals infiltrating down from Bridgeport; worse yet, over...
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    The Last of Lehman Brothers

    Your moralizing,, non-germane comments aside, I would agree that politics resulted in a somewhat watered down version that, even so, is still under attack. When folks are profiting from something that is on balance harmful to the general public it is hard to get them to change their ways...
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    Is the economy doomed?

    Whatever.
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    Mohamed A. El-Erian doesn't get it either

    I could not disagree more with your post. El-Erian is right!
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    Mohamed A. El-Erian doesn't get it either

    I agree very much with your reply in the main. Fed printing by itself is not the cause of inflation. The fed does print money, but they have no control over the amount printed! It is simply incorrect to imply that the Fed decides on how much to print. When we are talking about the money supply...
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    The Last of Lehman Brothers

    if the government did not print there would be no revenue. all revenue was at one time printed as well. I suppose then you are decrying not printing per se, but the rate of printing. That seems like a valid concern to me. So your concern is with Congress which has 100% control over the...
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    Is the economy doomed?

    that's true. and what does QE matter in that regard?. Soros's reflexivity hypothesis is timeless, universal, and holds regardless of QE. The only thing that can change it is a substantial change in human nature. If we believe something is true, though it isn't, we can, because of our false...
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    Is the economy doomed?

    you wouldn't of course go through that nonsense if you had the button. You'd just push the button and buy the car. So this example of the guy who foolishly attempts to "borrow" his own money when there is no reason to is a bit nuts; yet there is a parallel to this crazy example and what the...
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    Is the economy doomed?

    That sounds like something that i would be keenly interested in reading. Hope it is not so far out of my lane that i can't understand it. If it is written in Carry Trade/Wall Street/Finance Guru Lingo I probably won't be able to understand it. We have some of those lingo slingers here...
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    Is the economy doomed?

    Yes. Pushing the button to pay the interest. The interest is like any other non-discretionary government expenditure. To the extent it is not set off against revenue it will represent deficits covered by pushing the button, and then latter paired with Treasury issuance. None of this makes a...
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    Is the economy doomed?

    I understood Dalio as explaining those bubbles as being due to human nature rather than the Fed. The fed being of course the facilitator of our demand for credit. I rather like Dalio's explanation for the credit cycles. George Soros also explains them as being, at root, due to human nature. His...
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    Is the economy doomed?

    U.S. money whether in the form of bank reserves or Treasuries represent government liability. And certainly that would be true of government bonds whether denominated in dollars or in another nation's currency. However it is impossible for a government to borrow in its own currency. Were the...
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