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Zmartmoney

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  • Yellen: Where No Man Has Gone Before [View article]
    It is well documented that John McCain and George Bush both warned about the mortgage markets well before they crashed, yet no one listened - especially the Statists in Congress like Barney Frank and his hand-maidens at Fannie and Freddie. Go look it up - don't avoid facts - they can be useful...
    Jul 28, 2014. 05:45 PM | 2 Likes Like |Link to Comment
  • Yellen: Where No Man Has Gone Before [View article]
    Well, you're right - Krugman is an idiot. But, I digress. Nobel Laureates abound, but if they are all so smart then why did we have this meltdown? None of them saw this coming. BTW - I did, as have spoken in detail here, previously, about how obvious it was to me. I'm certainly not a Nobel Laureate but I claim more sense than many of them. I have seen more than I want of faculty members hoisting each other to their petards. Talk about a herd mentality...
    Jul 28, 2014. 05:37 PM | 1 Like Like |Link to Comment
  • Yellen: Where No Man Has Gone Before [View article]
    If job creation is so healthy, why is labor force participation rate the worst in our lifetimes? This is all about selling the Progressive/Socialist agenda that the centrally planned economy is the wave of the future. It certainly is if you want to abdicate your freedoms to someone who learned everything they know from reading books and listening to each other postulate and posture.
    Jul 28, 2014. 05:28 PM | 1 Like Like |Link to Comment
  • Yellen: Where No Man Has Gone Before [View article]
    Outlook for full employment is targeted for Spring 2080, after wars have reduced population sufficiently.
    Jul 28, 2014. 05:24 PM | 1 Like Like |Link to Comment
  • Cisco And Heartbleed, A Class Action Lawsuit In The Making [View article]
    About a year and a half, ago. It used to be fun. Now, you can't give anyone a thumbs down (so, it's harder for the plebes to get traction on an unfamiliar subject), so if you can't say anything self-congratulatory, don't say anything at all. Everyone is wonderful and brilliant. I love my new prescription in rose...
    Jun 10, 2014. 06:18 PM | Likes Like |Link to Comment
  • Cisco And Heartbleed, A Class Action Lawsuit In The Making [View article]
    Ask him how he would connect to a remote switch. And, would it be SSH...or, not...
    May 8, 2014. 05:55 PM | Likes Like |Link to Comment
  • Cisco And Heartbleed, A Class Action Lawsuit In The Making [View article]
    If what you say is true, then Cisco has nothing to worry about.
    Apr 28, 2014. 01:23 PM | Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    I don't agree that "sustainable" is a necessary modifier.
    Apr 25, 2014. 10:37 AM | Likes Like |Link to Comment
  • Wal-Mart's Revenge: Amazon.com Has A Big Problem [View article]
    If you do enough shopping online, Prime is worth it. I spend probably about $5k/yr there. It works out.
    Apr 24, 2014. 06:06 PM | 4 Likes Like |Link to Comment
  • Wal-Mart's Revenge: Amazon.com Has A Big Problem [View article]
    I'm sticking with Amazon. I save time there, and time is worth more than money some days. A one to two hour trip to one or more stores trying to find what I want is often not in the cards. Online > 20 min > done. That's pricing power in my book.
    Apr 24, 2014. 06:04 PM | 3 Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    "Those assuming that the central bankers will make all the right moves to avoid a deflationary bust, have not studied history."
    I was shocked when Congress, after being repeatedly warned, went along their merry way without paying the least attention to the Fannie Mae problem - and that was just the tip of the iceberg (albeit the tip of the iceberg is what sank the Titanic). The Fed had been hearing from a variety of sources that the overheated housing market was a clear and present danger, but whistled Dixie well past the graveyard. You have to wonder what they were thinking - was this just total incompetence, or was something else in play? I'm afraid that it was incompetence, thus setting the scene once more for what Contrarian was referencing.
    Apr 23, 2014. 11:44 AM | 1 Like Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    Exactly my point. At that moment in time, the 7-11 is going to want Renminbi. : )
    Apr 23, 2014. 11:35 AM | 1 Like Like |Link to Comment
  • Cisco And Heartbleed, A Class Action Lawsuit In The Making [View article]
    When I used the term "server" it was in a generic fashion to indicate a device that is responding to a request for information - a reply of some type. That is how the weakness is exposed. That can be a whole range of devices, including metal servers, VMs, switches, routers, etc. What it takes in terms of physical action to respond to the weakness is different for every class. Methinks thou dost protest too much.
    Apr 23, 2014. 11:32 AM | Likes Like |Link to Comment
  • Cisco And Heartbleed, A Class Action Lawsuit In The Making [View article]
    I can't tell to whom you are responding. Snooping the memory at the server will give you the private key if you're persistent. As I said, you don't need MIM if you have the private key and a bunch of captured stream. You can then get usernames/passwords and run up some big purchases, in a hurry.
    Apr 21, 2014. 02:47 PM | Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    Yes, until you get to the definition of "better." All the phone companies have recalibrated their definition of call quality. The thinking is that if people will put up with sorry cell phone quality, then the POTS quality level isn't necessary. So, you end up with the slide to the lowest common denominator. Where is the quality in that? Are you completely happy with your cell phone and the quality of your conversations (technical, not content)?
    Apr 21, 2014. 01:53 PM | Likes Like |Link to Comment
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