The Derivatives Tornado
349 replies to this topic
Posted 09 June 2003 - 01:43 AM
Duz HRFF recall Dennis the Menace?
He even LOOKS like Dennis the Menace!
"The sphinx set riddles for people which they could not solve and the sphinx devoured them." Russian poet Ilia Ehrenberg reflecting years later upon the debacle of the Bolshevik Revolution and civil war
"In any case, experience shows people are unlikely to change their ways without a cataclysm of existential proportions" Meinhard Meigel, German economist and demography expert on his prophecy of a Wagnerian abyss of social and economic chaos
"We believe that here is no easy way out of this mess, and that the chance of a benign outcome, while hopefully possible, is quite low." Comstock Partners 3-17-2005
"Not without a shudder may the human hand reach into the mysterious urn of destiny." Junk email promoting the sale of Valium, Viagra, Soma and Cialis. Of course, we AMERICANS need not WORRY about such CLAPTRAP!!!
"The trouble about myths, or lies, is that those who foster them are stuck with them." Edward Crankshaw
"I don't buy the idea that a crash will come without warning. There are always warnings. All crashes have certain common technical preconditions." Doc (snorjt)
"YOU look IMPORTANT. Are you important, or just....WEIRD?"
"Bob I am" at a political gathering, to HRFF, 9-29-04
"Are YOU C.I.A.???"
"No, I'm not "CIA"."
"Well, you sure LOOK LIKE you're C.I.A.!!!"
Lead singer of the rock band KISS to HRFF at a luggage carousel at SeaTac airport circa 1996
"Unlike you, I use words people can understand." Doc
"America at the moment, with its faith-based currency, faith-based economy and faith-based government, might be a heaven for those who love faith, but it's a hell for those of us that respect evidence." The Daily (W?)Reckoning, circa 9-17-04
"What should be clear at this point is that even huge fiscal stimulus and unprecedented financial excess are incapable of fostering a sound and self-sustaining economic expansion. The paramount issue, today and going forward, is the deeply maladjusted U.S. economy and its increasing unresponsiveness to even enormous yet misdirected financial stimulus. Both the Financial Sphere and Economic Sphere are severely maladjusted." Doug Noland's Credit Bubble Bulletin, Aug 24 '04
"U.S. dollar purchasing power relies almost entirely on the difference between interest rates in Japan and the higher rates in the United States." Warren Pollock, Prudent Bear essay circa 9-04
"What about your replacements? the Children. What do we tell them when the whole thing caves in?" HyperTiger
Posted 09 June 2003 - 06:54 AM
Tell the truth BearDrech, you're Rodney Dangerfield! You've got kvetch in spades.
I have many opinions; but I strive not to act on them.
Posted 09 June 2003 - 07:48 AM
Don K Wave-
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Posted 09 June 2003 - 07:53 AM
"does an old west side open aired pit-barbecue joint and famous mafia cheepeetery by the name of Scala beef still exist ? And if it does, what do they charge for a sandwich?-- "
I think Scala has become a distributor of packaged Italian beef for the restaurant trade and for general distribution. Hate to tell you this but even Walmarts stock a beef sandwich kit distributed by Scala. Best Italian beef in Chicago today is generally thought to be Mr. Beef on Orleans street, with Al's on Taylor Street tied (or second). Uno's is still the best pizza ever, IMHO. First stuffed myself there in the 1950s. I've never tried the Uno's chain. It's owned out of Boston, so how could it be good pizza, I askya? McDonald's proves that taste, in this case bad, can be transported across miles.
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