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  1. M

    GDP

    Don't be silly... The 2nd quarter will be very strong precisely because the 1st was so weak. The average for the 1st half of 2014 will be arnd 2.5% YoY.
  2. M

    Politico: The Man Who Broke The Middle East

    Right, so, based on historical evidence, is the Middle East now more or less of a safe haven for terrorists than it was under the various dictators (Saddam, Gaddafi, etc)? Has the "aggressive" policy of "nation re-building" and promoting democracy accomplished the stated goal? Maybe it's time...
  3. M

    Politico: The Man Who Broke The Middle East

    I just quoted you verbatim, hence the quotes... Personally, I don't know what vital US interests in the region require such a commitment of military force.
  4. M

    Politico: The Man Who Broke The Middle East

    Unfortunately, this might not be the case here... Check this out: http://www.gallup.com/poll/1642/russia.aspx
  5. M

    Politico: The Man Who Broke The Middle East

    Let me repeat what I said before. I don't support Democrats or Republicans in this. I think, as far as Iraq and US foreign policy are concerned, they're equally full of sh1t. As to the right to use military force if you feel it's necessary, of course, any country has such a right. However...
  6. M

    Politico: The Man Who Broke The Middle East

    I don't follow the healthcare debates, as it's a domestic US issue. I am not a leftist and I don't support Obama, so please apply your labels elsewhere. Until Bush and his merry band of neocons, the US never had such a lengthy and costly - in every way - commitment to the project of Middle...
  7. M

    Politico: The Man Who Broke The Middle East

    Right, but isn't it rather well-established that Saddam Hussein didn't have anything to do with Al-Qaeda? As to the defiance of UN resolutions, isn't it also reasonably accepted now that these violations do not represent a sufficient justification for military action? And yes, 111 Democrats...
  8. M

    Politico: The Man Who Broke The Middle East

    What does healthcare have to do with anything here? And yes, it's Bush and his neocon clique who have, undoubtedly, started the ball rolling in the Middle East. We're reaping the end result of these "efforts", compounded by the Obama admin adhering to the same broad foreign policy principles.
  9. M

    Politico: The Man Who Broke The Middle East

    Well done, Rand Paul... I can't believe Dick Cheney is still offering his opinions on the matter and isn't being told in no uncertain terms to shut the f*** up. More generally, whatever Obama's failings in the ME might have been (and there have been many), let's not lose sight of where and...
  10. M

    Compute vega at -1.0, -0.5, +0.5, +1.0, +1.5 moneyness

    Have you tried Google?
  11. M

    If your customers are broke you can't make sales

    I agree that directly observable market prices in the table are not produced by the US government. However, that's less than 30% of the items shown. The other 70%+ are all produced by the very same gov't that you distrust so much. Pls note that I am not stating whether your govt should be...
  12. M

    If your customers are broke you can't make sales

    Erm, no I think you misunderstand... The prices of eggs, beef, electricity, coffee etc etc, both historical and current, all come from the BLS, i.e. the US government. At any rate, I've had this discussion a number of times already. Based on the data produced by the US government (some of...
  13. M

    If your customers are broke you can't make sales

    Are you aware that most of the "raw price data" used by David Stockman's Contra Corner to create this table comes from the BLS, which is part of the US Dept of Labor? A bit ironic, I imagine...
  14. M

    If your customers are broke you can't make sales

    Based on the available data (food here, residential energy here, gasoline here), your assertion regarding the food and energy pressures appears to be suspect.
  15. M

    Former Goldman trader upset at $8.25m bonus

    This wasn't his personal PNL. He didn't have a contract that specified his cut, as otherwise he would have no need for arbitration. Ergo, this guy has no case and should stop wasting everyone's time.
  16. M

    Fed looks at exit fees on bond funds

    Interest rates, I do interest rates, sir...
  17. M

    Fed looks at exit fees on bond funds

    That's precisely the issue... The SEC can't seem to be able to pull the trigger on the money-mkt fund regulation and it's been nearly 6 years since the crisis. I can't help but be skeptical about them doing anything.
  18. M

    Fed looks at exit fees on bond funds

    Well, you and I have somehow been able to resist this inexorable force. We must be truly special people indeed! At any rate, this is clearly another case where would have to agree to disagree.
  19. M

    Fed looks at exit fees on bond funds

    It appears that this is a moot point, anyways... From the Yellen presser today: > Thank you. Greg Robb from Market Watch. There was a report this week in a salmon-colored newspaper I won't mention that the Fed is thinking about and regulators in Washington are thinking about an exit fee for...
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