Hilariously Ill-Informed, Shockingly Clueless, Cognitively Impaired, Ignorant Commenters at Yahoo Finance
I’ve been meaning to address this for some time, and today is as a good a time as any. Over the years, I have participated in interviews at Yahoo Finance — its always a fun time, Aaron Task, Jeff Macke, Henry Blodget, Dan Gross & Co. are very sharp guys. Its usually a short, smart...
Hilariously Ill-Informed, Shockingly Clueless, Cognitively Impaired, Ignorant Commenters at Yahoo Finance
I’ve been meaning to address this for some time, and today is as a good a time as any. Over the years, I have participated in interviews at Yahoo Finance — its always a fun time, Aaron Task, Jeff Macke, Henry Blodget, Dan Gross & Co. are very sharp guys. Its usually a short, smart...
People Are Finally Figuring Out: Austerity is Stupid
Prior to law school, Hale Stewart was a bond broker with Vining Sparks, where his clients were comprised of mutual funds, insurance companies and money managers. He graduated from the South Texas School of Law in 2003. He continued his education at the Thomas Jefferson School of Law in 2007 where he obtained an LLM...
People Are Finally Figuring Out: Austerity is Stupid
Prior to law school, Hale Stewart was a bond broker with Vining Sparks, where his clients were comprised of mutual funds, insurance companies and money managers. He graduated from the South Texas School of Law in 2003. He continued his education at the Thomas Jefferson School of Law in 2007 where he obtained an LLM...
Bad Dope: “But Case Shiller Data is 2 Months Old”
I have been hearing this tired line since 2006. Its time to retire it as a misleading foolish bit of money-losing misdirection. Lets take a look at the full price index — 1987 to 2012 — and I have boxed off the section I want to focus on: > > If we were to zoom...
Questioning Austerity
April 24, 2012 – As strict austerity measures take root across Europe, some wonder whether the cuts will harm more than they help.
Political Hacks, New Jersey Turnpike Edition
We interrupt our usual programming for this brief rant about some of the political hacks of the world: The intertubes are abuzz about this high moderate speed run of 30 hot cars down the New Jersey Turnpike to Atlantic City. (See e.g., N.J. State Police Investigating Sports-Car ‘Death Race’) and this NJTodayOnline video). The politicians...
Political Hacks, New Jersey Turnpike Edition
We interrupt our usual programming for this brief rant about some of the political hacks of the world: The intertubes are abuzz about this high moderate speed run of 30 hot cars down the New Jersey Turnpike to Atlantic City. (See e.g., N.J. State Police Investigating Sports-Car ‘Death Race’) and this NJTodayOnline video). The politicians...
Here’s to the Lazy Ones . . .
“Here’s to the Lazy Ones. The halfwits, the bumblers, the square pegs in the round holes. The ones who don’t see things at all. They’re not fond of rules (can’t remember them). They have no respect for the status-quo, which they think its Latin for Fendi. You cannot quote them, as they say little that...
SEC Pursues Egan Jones; Moody’s, S&P Remain At Large
I have to admit to being stymied by this: “The Securities and Exchange Commission voted Thursday in favor of bringing an administrative action against Egan-Jones, the firm said. In what would be an unprecedented move, the SEC could seek to punish the firm by stripping it of its ability to issue officially recognized ratings on...
Fukushima to Burn Highly-Radioactive Debris
Japan is Poisoning Other Countries By Burning Highly-Radioactive Debris Fukushima will start burning radioactive debris containing up to 100,000 becquerels of radioactive cesium per kilogram. As Mainchi notes: The state will start building storage facilities for debris generated by the March 2011 tsunami as early as May at two locations in a coastal area of...
CATO: GOP as Bad as Dems on Spending
CATO Institute economist rails on GOP spending (bigger under Ryan than when Bill Clinton left office) and implies that Nixon and Bush2 were two of the worse presidents of all time. Quite fascinating: The interview starts at the 5:45 into show. Watch Tuesday, April 3, 2012 on PBS. See more from PBS NewsHour. The Republican...
