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  1. bone

    Geithner Has to Go !

    NYT: Geithner Questioned on Tax Returns By JACKIE CALMES Published: January 13, 2009 WASHINGTON — Timothy F. Geithner, President-elect Barack Obama’s choice for Treasury secretary, failed to pay more than $34,000 in federal taxes over several years early this decade, and also...
  2. bone

    Debt deal done: Obama rescues USA

    These are the days that I really enjoy watching MSNBC. I watched the November 2010 election returns on MSNBC as well. Love it.
  3. bone

    Geithner Has to Go !

    Geithner has to go. Way too political and ideological for a Treasury Secretary. In front of national TV accusing Republicans of (and I quote) "praying for default". And a blatant liar regarding Social Security and Medicare payment prioritization, all sorts of bald faced lies about Quantitative...
  4. bone

    Sugar Daddy Meet College Student

    I very much appreciated the quote: "I'm not a whore". 1: a woman who engages in sexual acts for money : prostitute; also: a promiscuous or immoral woman If you just forward the tuition bill directly to said "sugar daddy", maybe it's more palatable.
  5. bone

    Debt deal done: Obama rescues USA

    Geithner has to go. Way too political and ideological for a Treasury Secretary. In front of national TV accusing Republicans of (and I quote) "praying for default". And a blatant liar regarding Social Security and Medicare payment prioritization, about QE, about the Strategic Oil Reserve -...
  6. bone

    Debt deal done: Obama rescues USA

    From Politico: "Vice President Joe Biden joined House Democrats in lashing tea party Republicans Monday, accusing them of having “acted like terrorists” in the fight over raising the nation’s debt limit. Biden was agreeing with a line of argument made by Rep. Mike Doyle (D-Pa.) at a...
  7. bone

    Debt deal done: Obama rescues USA

    I think the best thing to come out of this has been a strategic repudiation for any more 'stimulus' spending and the rest of the progressive Keynesian non-sense. The 'cuts' in this bill are are not serious and when scrutinized in isolation will cause no perceptible pain - Obama's spending...
  8. bone

    Futures spread trading

    Drawdowns are random from what I can tell. I try to keep my clients from replicating forward curve exposure in the same market sector: in other words, being long the TuF and long the NoB and long GE Z2-Z4 simultaneously for example. Or being short ZW Z1-Z2 and being short ZC Z1-Z2...
  9. bone

    Debt deal done: Obama rescues USA

    Curiously enough, this appeared on today's Daily KOS, BobTimKY: "Obama employs all the hard line negotiation tactics employed by Bushco like my way or the highway, artificial crisis creation, threats of impending disaster, lines in the sand, etc. He just employs them against his progressive...
  10. bone

    Debt deal done: Obama rescues USA

    Yes, spot on. This was Obama's idea all along. His $3.7 T budget which he submitted to the Senate in May 2011 and was shot down in flames on a vote of 97-0 reflected all of this.
  11. bone

    Futures spread trading

    1. Mean Reversion has typically been the traditional methodology to trade spreads - the effectiveness for the strategy is still OK for Flys and Condors, but for futures pairs generally speaking they have been trending much more frequently than 'mean reverting' for the past few years. Alot of...
  12. bone

    Should the US be split into three countries?

    Of course, the Blue State businesses and Retirees will continue to flee to the Red States.
  13. bone

    The rich are waging class warfare on the poor

    Lucid and concise. My regards. Flat tax, no deductions.
  14. bone

    No House vote Thursday night on debt ceiling

    Fortunately, you are wildly incorrect. Shall I remind you in November of 2012 ?
  15. bone

    former reagan and bush 1 economic advisor.much of debt due to bush tax ccuts

    And leave Ricter alone - I don't give a flying crap if he's a Buddhist Socialist Pacifist Communist Marxist Phlebotomist... as long as he operates with a balanced budget I wish him the very best in life. It warms the cockles of my heart that Jerry Brown and Andrew Cuomo have seen fit to...
  16. bone

    former reagan and bush 1 economic advisor.much of debt due to bush tax ccuts

    1. Barack Obama has INCREASED our country's military footprint and war involvment since he took office. 2. In 2010, the US government issued checks in the amount of ]b]$2.034 Trillion for entitlements[/b].
  17. bone

    No House vote Thursday night on debt ceiling

    Well, if you look at the hard metrics - the rate at which California is closing it's budget gap it is indeed impressive. There has to be some sort of budget balancing mechanism because the status quo politicians only know how to work from the expense debit side of the ledger.
  18. bone

    Prophetic evidence that God wanted 9/11 to happen.

    Well said. I am swing trading one lonely position in Heating Oil for the past two weeks - hence my compassionate involvement. Once it picks up in the Fall I will be out of your hair. It does look, however, like I might get involved in ICE Gas/Oil methinks.
  19. bone

    Black Americans Thank The 1st Black President!

    It's too bad that many Black Preachers and Civic Leaders are in the blame game - because the deficit truly lies within the promotion of personal accountability in modern Black culture. It was dissapointing to me to hear Al Sharpton and Jesse Jackson and the Black Congressional Caucus...
  20. bone

    HO contract to end in 2013

    For the airlines, it's actually the jet fuel proxy in terms of hedging.
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