You can put lipstick on John McCain... |
but it is still boring, old, moribund John McCain! The McCain team in a desperate, and I mean DESPERATE, attempt to get media focus back on to the bottom of its ticket, Alaska Gov. Sarah Palin, ...
Posted by on Thu, 11 Sep 2008 15:43:00 GMT |
The "community of civilized nations" |
Last night I overheard on BBC radio a US State Dept. official speaking of Russian brutality in its incursion in to Georgia. The kicker was his statement that Russia needed to complet...
Posted by on Fri, 15 Aug 2008 08:05:00 GMT |
Whatcha gonna do now, Ben? |
As was easily predicted by many, the FOMC policy of sustained cuts to the Federal Funds Target rate from 5.25% to the current 2% has been a disaster for pretty much everyone. Since the cuts beginning...
Posted by on Tue, 10 Jun 2008 09:48:00 GMT |
The Problem of Inductive Knowledge, my TV and Risk Models |
In one of the best books of non fiction I have read in some time, TheBlack Swan: the Impact of the Highly Improbable~ Nassim Nicholas Taleb(NNT), introduces the reader to the problem of inductive know...
Posted by on Thu, 06 Mar 2008 19:40:00 GMT |
Fed hits panic button& here comes the pain |
Unable to bear pain of a significant market correction, or even the thought of one, the FOMC cut its Fed Funds target rate a panic inducing75 basis points last Tuesday. Yesterday the FOMC again, lik...
Posted by on Thu, 31 Jan 2008 13:26:00 GMT |
Subprime, Writeoffs, Contagion and Recession |
When asked recently by a friend about a woman that I had been interested in I said that it had gone south and I had "written her off". And I should not be forgiven for doing so because I have n...
Posted by on Thu, 17 Jan 2008 17:17:00 GMT |
Maybe Obama& is Moses |
I just finished reading a very interesting book: The Culture Code by Clotaire Rapaille that I would recommend to anyone with an interest in human psychology. Rapaille, a cultural anthropologist, has ...
Posted by on Tue, 01 Jan 2008 16:29:00 GMT |
interest rate idiocy |
Yesterday, according to the NYT, Sen. Sam Brownback pleaded with Fed. chairman Ben Bernanke to give us a little x-mas present in the form of a holiday rate cut at the next FOMC. Sam is a little worri...
Posted by on Fri, 09 Nov 2007 13:32:00 GMT |
