Yeah, I think he is. Paul not only doesn't want to raise any taxes for anyone ("austerity?"), he also wants them to eventually be abolished. That's just fringe talk. And that is where he will remain.Quote from RCG Trader:
Rachael brought up some important points last night. I won't bother with the links. But there might be some nasty surprises for Mittens and the GOP come June. Ron Paul is not yet out of this race.
I like Taleb, and read two of his books, FBR and BS. But I think all he sees now are black swans. Perhaps he's a victim of his own publishing success. He doesn't believe in bailouts. Now, while that's a reasonable position in the normal course, what occurred in 2008 was anything but normal. So, on the one hand, he doesn't distinguish between vital and unnecessary bailouts, but he supposedly distinguishes black swans from the normal course of events. (And now there always appears to be one just around the corner for him, perhaps because he now defines himself by them.) Not a lot of consistency there. And he's going to vote for the guy who doesn't have a chance and never will. So much for his empiricism.
