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    Glencore Beast File

    I saw a sickle at 2:51. All that's missing from this video is the hammer.
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    Where to go if the SHTF?

    The moon.
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    Christina Romer: Now She Is Calling For Honest Talk About Dollar

    First - Full Disclaimer: I went to Berkeley and got an A in Professor Romer's class. I didn't think she was stupid then, and neither did she of me. Second - it's spelled BerkelEy, not "Berkely". Third - she did not say a weak currency was a cure for economic problems. She said there are...
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    El-Erian and Chanos (good stuff)

    Always a fan of Chanos. Thanks for the post.
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    No wonder California is goign bankrupt

    My biggest complaint is the California Teachers Association (CTA) gets confused with Commodity Trading Adviser (CTA). CTA != CTA
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    correlation [ (skull size / total mass ratio), trading performance alpha ] > 0 ?

    correlation [ (skull size / total mass ratio), trading performance alpha ] > 0 ? I'd venture a guess that it's a least a factor with this guy. Check out the melon. http://www.futuresmag.com/Issues/2011/March-2011/Pages/William-Eckhardt-.aspx "Eckhardt launched his own commodity...
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    $4 Trillion = Cost of Iraq and Afghanistan?

    Sad but true.
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    Early retirement or work till you die?

    By normal people's standards - yes. As a self-confessed workaholic, I can attest to the difficulty I've had in forming genuine social relationships - especially those of a romantic nature. It's within my ability if I put in the effort, but it always comes down to how I want to spend my time...
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    Poll: should the government shut down?

    Lot's of speculation, little hard evidence on the effects of a shutdown.. http://www.reuters.com/article/2011/04/07/us-usa-budget-scenarios-idUSTRE7366NH20110407
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    Building a team in San Francisco

    Agree 100%.
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    H1B Visa program has already ruined this country

    Please stop with the absolutism. Things are never that simple. I have lived and worked in the Silicon Valley for most of my life, and while H1B visa holders are generally cheaper and more obedient than their American counterparts, the Americans are far and away better at the "soft skills"...
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    Milton Friedman advocated Quantitative Easing to prevent the Great Depression

    To all you QE1,2,...LargeNumberHere critics (including myself), you may be surprised to learn that Milton Friedman strongly believed that it was the FAILURE to enact quantitative easing that created the Great Depression. "[The purpose of the Federal Reserve] was to provide the additional cash...
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    UAW Would Accept More Lower Wage Jobs

    Nutmeg, thanks for sharing the shop talk, so to speak. It's a reality we all must face: basically this country has to compete just like everyone else on this planet that is willing to work for less and do more. I don't get the sense of entitlement from the management nor the line worker. It's...
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    UAW Would Accept More Lower Wage Jobs

    That sounds plausible. I'm not 100% on the current pay for UAW members, but I do know the U.S. automakers have shifted to a two-tier labor market, whereby the "legacy" workers are grandfathered into something similar to their previous pay packages, with the union accepting responsibility for...
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    UAW Would Accept More Lower Wage Jobs

    UAW members are overcompensated, no question. I'm curious where you got your ~$80/hour estimate, though. I used to work at a UAW-operated facility (the NUMMI plant, if you're curious -> Toyota decided to shut it down when they got the chance; it was the only union shop under their belt) and...
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    No Fly zone will cost US 9 billion dollars!

    ..Trump would make the rebels pay out of the oilfield revenues they control. Seems fair to me.
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    Greenspan: White House Meddling Slowing Recovery

    Are people still listening to this guy? Sorry, but his track record overseeing the largest private and public debt to GDP growth to over 300% over twenty some-odd years, not to mention negative real-interest rates circa 2004, is not reassuring me when he speaks about government "meddling". The...
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    Russia calls for entire Japanese nation to move to Russia

    I'll take earthquakes and tsunamis over living in Russia any day. The weather is cold, the people are cold, and the demographics are even colder than Japan's. The only thing hot are their nukes, their women (if you don't mind paying for play), and their trigger fingers.
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    Japanese vs Americans during a disaster.

    Psuedo-equations with no empirical evidence = less than smart, IMHO.
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    Japanese vs Americans during a disaster.

    Absolutely true. I've lived in the Silicon Valley most of my life, worked in software, manufacturing and finance, and noticed that in these professions what brings people together are education, work ethic, and intelligence. Outside of work, people fall into their respective socio-economic...
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