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Naw. He got his proverbial clock cleaned by Triple A. Again. http://www.elitetrader.com/vb/showthread.php?s=&threadid=224794&perpage=6&pagenumber=6

See, that's not a good analogy. More like the government had planned to have everyone move up from their present 3000 calories per day to 6000 in 10 years. But thanks to drastic, immediate cuts, starting in 2013 they'll only be recommending 3500 calories per day, and 10 years from now the...

Seriously? I mean, 28 Earth years? Wow. Maybe you got a late start. One hopes. I can't go back and have a conversation with my 28 year old self, but I do know I had a fair amount of dumb ideas still ingrained. To the point that I assume that I have at least some still remaining that will...

This is a fine example of how I know you are not wise. Wisdom is not genetic. Intelligence has a fair amount of genetic components but knowing things has none. One gains wisdom by learning, by observing. There are very few (if any) wise 19 year olds. EDIT: Dumb flatfish experiements...

He's not wise. He's reasonably intelligent, just has not yet had the experience required to make him a full fledged econ madman. I mean, heck I'm bright. Top 2% of IQ. But when I was morganist's age, I still didn't know #@&#, Give him 20 or 30 years and he might well know a lot.

Me? Nope. Analyst. Yeah, I am a paid pro.

They are long gone and the statutes are out, so I guess it doesn't matter. We pirated software, encrypted the snot out of it and shuttled it around the planet. I was easily the youngest guy in our local group. When my main contact introduced me to his contact (a middle aged guy, maybe even...

Uhm. Nope. Us technical folks were using the net long before TBL showed up with his browsers. The internet is a lot more than just the World Wide Web. http://en.wikipedia.org/wiki/Tim_Berners-Lee And I was using the net (as part of a . . . uhm. . . unsavory group) in `88. I may have...

Don't you think this poor guy has suffered enough? Show some mercy, leave him alone. :)

It is already underway. The MSM is spinning this recent turn as a minor event. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3260154">

<IMG src="http://www.bloomberg.com/apps/data?pid=avimage&iid=iJEL2GfOB9k0">

(referring to yesterday, one presumes) Exactly. All the buzz from the traders was WTF did VIX not spike? There was no panic, no fear. Today there was fear. Today we had panic. Does that mean this is the bottom? Couldn't say. But yesterday was clearly not the bottom. And if it...

Thing is, `flation is running what? 3%? Back in QE2 daze, it was a meager 1% and Uncle Benjie could go to town. But now, his reach is limited. We post 5% and the geezer fixed income crowd is pulling down zilch in interest and we're gonna have a lot of POed voters. Plus QE2 was less...

Reference link (Gozer) http://www.youtube.com/watch?v=c6HWpqonRcY

And thank you for that. :D :D :D I do love steak for dinner!

Kick the can eventually comes to an end. Question is, how does that end play out?

Now we face an interesting situation. The credit rating agencies say they stand poised to downgrade. If I were a truly independent rating agency and some ginormous country was running up a massive debt with no apparent political will to even slow down, I'd be thinking downgrade. If the...

What we need to do is start a new country based on liberty. Tough to do, though. But holy $#*&, that country'd own the planet. Which is what makes it so hard. The libtards are ready to kill to stop it, and so are the "God Fearing" conservatives. Most everyone has a hand in enslaving mankind...

:D 3% Funny thing was, it was somewhat a lark. The market obviously (perhaps too obviously if one wants to delve deep) knew that the deficit deal'd get done. Even if it were not complete yet, there'd be no default, ranting CNBC personalities not withstanding. So my real vote would have...

. . . that was spectacularly well played. They engage in a massive, well publicized debate that "immediately" "cuts" government. Never mind that the "cuts" are reduced increases. And never mind that none of them happen `til 2013, and most of them don't happen for several years. The GOP...