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Tricky

Tricky
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  • Wall Street Breakfast: Anthem To Buy Cigna For $54.2B [View article]
    I realize that the subject of income inequality is too complicated and nuanced a subject to try to tackle on a message board that favors pithy talking points that can fit on a bumper sticker.

    So I will merely recommend that anyone truly interested in learning something on this subject seek out (amongst other worthy sources, no doubt) a special in The Economist on this subject. Was very educational and thought provoking.

    As with other things in life, there are a lot of factors and it comes down to a balance, not ridiculously simplified "straw man" arguments.

    I don't see any serious voices advocating "equality of OUTCOME" (where everyone makes exactly the same amount no matter their talent, risk taking and work ethic). Where the concern starts is when the results of any particular system start to concentrate wealth/income to the point where it begins to threaten equality of OPPORTUNITY. And the Economist article pointed to measures showing that economic mobility (indicator of such equality of opportunity) has really slowed down in the US.
    Jul 24, 2015. 10:42 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Anthem To Buy Cigna For $54.2B [View article]
    A lot of factors play into the price you pay at the pump. When the price of oil drops, those other factors get magnified. Many of the factors, indeed some of the biggest ones in CA, are self-inflicted.

    Most powerful force in the universe = the law of unintended consequences
    Jul 24, 2015. 09:27 AM | 3 Likes Like |Link to Comment
  • Is a Ukraine default next? [View news story]
    Please list ANY American opposition politicians or journalists killed in the US, even suspected of being killed by POTUS.
    Jul 19, 2015. 02:57 PM | 1 Like Like |Link to Comment
  • Is a Ukraine default next? [View news story]
    Please list the opposition politicians and journalists ordered killed by any POTUS within your lifetime (well... since Nixon).
    Jul 19, 2015. 02:24 PM | 2 Likes Like |Link to Comment
  • Is a Ukraine default next? [View news story]
    Sweden is a dictatorship? Please do expand on that one...
    Jul 19, 2015. 02:07 PM | 3 Likes Like |Link to Comment
  • A New Deal For Greece [View article]
    Yeah... I don't believe that. The troika wants balanced budgets which includes taking in more taxes. So stories that "they won't allow taxes on the rich" sound like conspiracy myths.
    Jul 19, 2015. 09:13 AM | Likes Like |Link to Comment
  • Secret IMF report: New Greek deal won't work [View news story]
    @Lucky. Yep
    Jul 14, 2015. 11:16 PM | Likes Like |Link to Comment
  • Geopolitical Risks Are Rising - Is A Debt Crisis Far Behind? [View article]
    Well before those events, we'll have another Ice Age, mantle plume eruption or massive asteroid/comet impact.

    Happy dreams, sleep tight!
    Jul 13, 2015. 12:14 AM | 3 Likes Like |Link to Comment
  • Oil advances as Iran nuclear talks miss deadline [View news story]
    @Watermellon56 -- hat tip for the thoughtful analysis.
    Jul 12, 2015. 03:48 PM | Likes Like |Link to Comment
  • Greek crisis talks head into day two [View news story]
    The present value of a cashflow to be received in 40 years at any decent discount rate is rather unappealing.
    Jul 12, 2015. 12:55 PM | 1 Like Like |Link to Comment
  • Greek crisis talks head into day two [View news story]
    @kmi

    "what's going on is Schauble is marking time to 7/20 when Greece will miss its ECB payment forcing the ECB to end ELA, closing the banks, and forcing the Grexit"

    To me, your hypothesis does fit the data, particularly (given the circumstances) the fairly nonchalant pace at which Germany is responding to all this.
    Jul 12, 2015. 12:53 PM | 1 Like Like |Link to Comment
  • Oil advances as Iran nuclear talks miss deadline [View news story]
    @zarrow -- yah, mighty keyboard warriors ;-)
    Jul 11, 2015. 10:40 PM | Likes Like |Link to Comment
  • Greek parliament votes to endorse reform proposal [View news story]
    Russia's going to focus on shoring up its "near abroad" before it heads off on any other adventures.
    Jul 11, 2015. 09:26 PM | 2 Likes Like |Link to Comment
  • Oil advances as Iran nuclear talks miss deadline [View news story]
    That's about the least thoughtful analysis I've seen.

    Once we start bombing, there go the globally-supported sanctions, Russia and China would pull their support very quickly.

    And a little bit of bombing won't actually do squat to stop the nuclear program. Iran would accelerate it after getting bombed (using it as justification, actually).

    So once we start, better be prepared to go to the mattresses.
    Jul 11, 2015. 08:34 PM | Likes Like |Link to Comment
  • Oil advances as Iran nuclear talks miss deadline [View news story]
    Any thoughtful analysis I've seen -- interviews of US/Israeli military, not chickenhawks -- don't think bombing alone can get it done.
    Jul 11, 2015. 07:12 PM | Likes Like |Link to Comment
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