anarchist

Squid flu? Growing frustration over reports that Goldman Sachs (GS) (along with big employers including Citigroup (C) and Morgan Stanley (MS)) is receiving hundreds of H1N1 vaccines before many hospitals do. David Weidner has a reader's limerick: "As jobless rates keep getting worse/The bankers cut lines to the nurse/Bad debts they accrue/But when there's swine flu/They finally turn risk-averse." NYC's health commissioner defends the distribution.

I'm sure that somewhere in the negotiations with the Government there is a clause that makes bonuses given to GS traders is tax exempt and free swine flu shots.


On Nov 06 07:39 PM davidbdc wrote:

> This is actually a deficit reduction move......after all if any of
> these traders miss time from work they might only get $1 million
> bonus this year instead of $1.5 million......think of all the income
> tax the federal government will lose. If a couple of unemployed
> main street folks get sick it doesn't really matter since they are
> already unemployed.

Gold Bullion Is Rising in All Currencies

Yeah, health care is doing so well with out them-NOT!


On Nov 06 09:19 AM HATEFEEBAY wrote:

> Damn the Obama administration and ALL the idiots in congress...
> They cannot run anything, yet they want to do our healthcare? HA

Nassim Taleb, on a panel with IMF Deputy Managing Director Takatoshi Kato, loses his cool: "Before the discussion he gave us a PowerPoint lecture showing the IMF projections for 2010, 2011, ..., 2014. I could not control myself and got into a state of rage. I told the audience that the next time someone from the IMF shows you projections for some dates in the future, to show us what they PROJECTED for 2008 and 2009 in 2004, 2005, ..., and 2007."

The Huffington Post is gets no thumbs down today?

Has the Market Already Hit Its High for the Year?

I quit using stop-losses after it became clear to me that the stock would come down, trigger the stop-loss and go back up to lock in a nice loss.


On Nov 04 07:15 AM AndrewBaker wrote:

> Yes, it's not sensible to ignore the political influence, biased
> and unhelpful though it is, and concentrating on specific stocks
> is a good idea, though even the best fall in a downturn. So, follow
> the trend appears to me the best way right now, even if it goes against
> what one believes is the "right" direction. And having tight stops
> is so important in doing this. (Even your good stocks can be bought
> back cheaper after they've triggered a stop-loss.)

It's Going to Get Ugly

My cat loves me


On Oct 31 02:32 PM Fred W wrote:

> You actually have friends?

More Weakness, More Volatility

I apologize to those who care that this is off subject.
Jasper M said: "And then we'll be dealing with different flavored idiocy . . . " Yes, exactly and this is the USs Achilles heel, the campaign process that brings us twiddle Dee and twiddle Dumb as the RNC and DNC sponsored candidates, the only candidates who haven't been marginalized by them and the press. Having said that I predict that Mr. Obama will be re-elected.
bigbaboon57: stated: "I don't mind the wars, but we should have TAKEN Iraqi oil to pay for liberating THEIR country"
I think you might have minded the war had your son or daughter came home in an aluminum box. The US still occupies Iraq and I wouldn't exactly say we liberated their country, no we, through our inept foreign policies created a situation where Iraq is now governed by the Shai's who will eventually instill Sharia law and enact physical or political genocide upon the Sunnis. In essence we replaced a dictator with a dictatorial sect.
Had the US not lied about their reasons for going into Iraq it might have been easier, as you said "just take the oil" but of course that would exposed the US for what it was under the Bush administration (or perhaps most administrations) an International bully.

More Weakness, More Volatility

Were you ranting about socialist and out of control spending when Bush was doing the spending?


On Oct 31 03:02 PM bigbaboon57 wrote:

> Thed Fed doesn't control long rates, and they will go up. But the
> Fed does control short term rates and can print an infinite amount
> of money, which they will do to finance the out of control federal
> spending. The Democrats love more federal spending and more people
> dependent on the federal government ... those are all locked in
>
> Democratic voters who will never vote against yet more federal spending.
> None of this is constitutional (see the 10th amendment) but then
> the constitution has bee ignored for decades.

American Ecology: Turning Trash into Cash

The last month has seen it in a death spiral?

Policy Lessons from the Great Depression

Lord help us, another Ayn Rand political analyst with lots of "pull yourself up by the bootstraps" simplistic bumper sticker rhetoric.


On Oct 27 09:09 AM John Galt wrote:

> > "Roosevelt was an activist who experimented with cures and generated
> public hope and was generally successful. "
>
> You wrote that a few lines below the part about policy mistakes...
> whoops. New Deal, New New Deal etc.

It's Going to Get Ugly

Fitz, I couldn't agree with you more and have been saying the same things over and over and lost a few friends because of it. "Homeland security" sounds like something Goebbels would have come-up with along with the oxymoron "Patriot Act" but of course oxymoron labels were the Bush administration's specialty, no child left behind, forest preservation act, etc. The Government no longer responds to the need of the citizens only to the campaign contributors, the pinnacle being reached when Enron virtually wrote Bush's so called "energy policy".
But still the public is not offended by their loss civil rights, the breakdown of separation of church (Christian of course) and state, being lead down the road of Fascism-I just don't get it. I am sure there are plenty here at SA that will set me straight.

Market: Spooked Today, But Panic Attack Is Likely Temporary

It's all about perception fundamentals be damned. Sometimes the perceptions agree with the fundamentals and sometimes they don't but in the end the market follows perceptions. Consumers are hesitant, the big super Christmas shopping day is near-vendors are wringing their hands. Shoppers might spend a ton of money this season but the perception is that they won't.


On Oct 30 07:01 PM dingding wrote:

> The problem with the world markets today is that there are too many
> momentum speculators and not enough fundamental investors.

Paul Krugman says you need to read today's WSJ editorial "The Dollar Adrift" with an eye to the paper's long-term goldbugism: Focusing on currency stability over domestic recovery is a path to disaster.

I love it when there is an article by Krugman. All the anti-novel laureates come out of their right wing caves to spew their hatred for socialist (which is code word for liberals or Obama Democrats) and froth at the mouth trying to put down the "ignorant" Princeton economic Prof. because they in their infinite wisdom know more than he.

The Aftershock: Where Does the Next Investment Opportunity Lie?

No one can predict what is going on because we are not privy to the information that drives the market untill it's too late. Is this just a techinical fight over the 50 day MA or a fall off yesterdays top and the beginning of the end? Mabe GS insiders have the answer.

Recycling U.S. Coins into Silver

Maybe they are correct, not that another "oil crisis" will cause a magical solution but in that the public will be all over Congress thus allowing the Administration to hobble together and energy bill that looks "beyond tomorrow". How that could possibly exclude natural gas I don't know but with the Administration's "agnostic view" toward gas I suppose it CAN be done.


On Oct 29 08:06 PM Jimbo wrote:

> The only conclusion I can deduce from the current administration
> is that they expect an oil crisis that will cause a magical solution
> involving alternative fuels and alternative energy. The technical
> and logistical issues in this are incredible in scope.

California: Entering Inflationary Depression

So what do you think that McCain would have done that would have made things better?


On Oct 29 10:30 AM Fred W wrote:

> Unfortunately, with Obama at the helm, those that would have stood
> up will simply assume the "great one" has it covered. Special interest
> continues to hold the reigns of government.