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Moral Hazard & Relying on Faith Based Reality


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The answer is for everyone to vote Libertarian, like I do.

 

BWAHAHAHAHAHAHAHAHAHAHA

 

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The staffers are trained to be sympathetic with the callers, no matter what the moran on the phone says.

 

Obviously, their training worked on you.

 

The answer is for everyone to vote Libertarian, like I do.

 

The politicians of both major parties have brilliantly gotten Americans to fight amongst themselves over minutia -- and worse, gotten people on each side to hate and blame the other side for any problems -- while slowly capturing and destroying all the things that do matter. It's an ongoing juggernaut, Bushclintonbushobama, etc.. Same shit, different party. Americans are so busy blaming the other side, that few truly and honestly asses the faults of their chosen party.

 

Divide and conquer the populace.

 

Unfortunately, it's working.

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When all government, domestic and foreign, in little as in great things, shall be drawn to Washington as the center of all power, it will render powerless the checks provided of one government on another, and will become as venal and oppressive as the government from which we separated.

 

--Thomas Jefferson

 

 

Oops....

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jickiss is back!

 

 

 

jickiss is back!

 

and

 

When you rob Peter

to pay paul,

 

you can always count on Paul's Active Support.

 

that is all that has happened.

 

The key words are "Active Support."

 

Mish is on fire again:

 

from the Mish Blog today:

 

"Armageddon has arrived and no one wants to do what it takes: Cut spending, slash programs, renegotiate union contracts, privatize city services, and cut pension benefits."

 

 

http://globaleconomicanalysis.blogspot.com/

 

(hope this is the correct url)

 

Question, (as in da Big Picture Question) for all them Inquiring Minds:

 

If the state of nature was the "War of All Against All," and if what goes Up comes back Down,

 

then how long will it be until SOMETHING finally HAPPENS????

 

thimk!

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jickiss is back!

 

 

 

jickiss is back!

 

and

 

When you rob Peter

to pay paul,

 

you can always count on Paul's Active Support.

 

that is all that has happened.

 

The key words are "Active Support."

 

Mish is on fire again:

 

from the Mish Blog today:

 

"Armageddon has arrived and no one wants to do what it takes: Cut spending, slash programs, renegotiate union contracts, privatize city services, and cut pension benefits."

 

 

http://globaleconomicanalysis.blogspot.com/

 

(hope this is the correct url)

 

Question, (as in da Big Picture Question) for all them Inquiring Minds:

 

If the state of nature was the "War of All Against All," and if what goes Up comes back Down,

 

then how long will it be until SOMETHING finally HAPPENS????

 

thimk!

 

Can't say I agree with the privatizing of city services. Ever since they did that with garbage pick-up, my costs have just been going up up up up up.

 

And look at what a wonderful job the for-profit health insurance companies have done. :P

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jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

ok, they Burn with Desire for Poems.....no problem.....ask for Poems here is one for the money:

 

_____________________

 

 

This is a Poem for the Bears by your jickiss, 11-15-2009

 

_______

 

This is a Poem for the Bears

The Bears who always do Cry

 

This is a Poem for the Bears

The Bears who always ask “Why?”

 

This is a Poem to Make such Bears Know

The Truth of the Power of Print

 

For the Power of Print May Bust the Bear’s Mint

As the Winds form the Weimar will Blow

 

And when these Winds Blow

The Bears will soon Know

When Gold and the Silver do Rise

 

And when these Two Rise

And the Dollar does Die

The Market will Climb to the Skies

 

And da Boyz with their Glint

Will Bust the Bear’s Mint

And The Market will Climb to the Skies

 

 

poof!

jickiss!!!!!!!

thimk!

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I am looking at catch the turn...........

 

 

http://www.nakedcapitalism.com/2009/11/rou...de-unwinds.html

 

Nouriel Roubini has officially left the ?€œhedging your bets on the economy?€? camp. He has declared the markets to be frothy because super low dollar borrowing rates have turned the greenback into the funding currency for the carry trade.

 

Far more important than the peppy rally in the stock market is the resumption of early 2007 style risk taking in the credit markets. As Gillian Tett of the Financial Times noted last week:

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I am looking at catch the turn...........

 

 

http://www.nakedcapitalism.com/2009/11/rou...de-unwinds.html

 

Nouriel Roubini has officially left the �€œhedging your bets on the economy�€� camp. He has declared the markets to be frothy because super low dollar borrowing rates have turned the greenback into the funding currency for the carry trade.

 

Far more important than the peppy rally in the stock market is the resumption of early 2007 style risk taking in the credit markets. As Gillian Tett of the Financial Times noted last week:

 

 

Why not, Ben and Timmy have your backside covered. Heads I win , tails J6P loses, What a deal. <_<

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I'm reading this Hedge Funds and Derivatives and Their Implications for the Financial System

 

It's your hated Geither's speech given in 2006.

 

He is aware of the dangers of derivatives.

 

I got this link from "Interfluidity," who is one of the people invited to Treasury Dept. I'd like to thank for link to the blog to the poster whose handle start from G. Can't recall his full avatar name. Sorry. :mellow:

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