At our trading workshop this weekend, wr reviewed a numbver of what I consider to be milion dollar ideas: ideaswhich, over the course of a lifetime should produce a net value add greater than a million dollars in trading performance. While we were doing that in the middle of our assembled traders and institutional money […]
Tag: Obama
Geithner, the tax cheat, to select winners and losers
Either geithner was too stoopid to figure out how to pay his taxes, in ehich case he doesnt deserve to be Treasury Secretary and also deciding which businesses will win and lode or he was an intentional tax cheat, in which case he also doesnt deserve to be Treasury Secretary. Sen. Bob Corker (R., Tenn.), […]
Leadership in Complex Adaptive Systems
Team Obama is placing their bets on the idea of Leadership being responsible for results. The latest manifestation of this is in the call for the resignation of the CEO of GM, Rick Wagoner. The proposition is that Obama, from his vantage point of President, USA (CEO, USA?) is in a position to determine that […]
St Obama continues to spend, while China licks its chops and waits
“ We’re in a government-dependent financial system; I never thought I would live to see the day… We’ve got to fight to get away from that.”– Paul Volcker Meanwhile China lays the ground work for the slow but steady disassembly of the US economic strength worldwide by proposing an IMF managed global reserve currency which […]
Competence
Its ironic to see the Democrats huffing and puffing about the incompetence at AIG among the executives who have the nerve to to be honoring contracts to key leders who elected to remain at the company. The Democrats say that such a violation of common sense and the public trust disqualifies the leaders of this […]
A Reflection on the gold ETF (GLD)
A friend sent me a report on “problems/concerns with the GLD ETF as structured and asked me to comment. I said: GLD is kind of in the same category of ETNs which are promissory notes of the investment house which is guaranteeing performance of the instrument. There are quite a few of those out there […]
The 5 Day Down Failure pattern explained
example of a current short position in Raytheon that has returned %R already, and more coming it seems; shorting the defense industry is a gimme right now
The face of future warfare or a phenomenon emerging from complexity without attribution?
Here is some underreported insight that supports the theme of “Money as a Weapon System” which should give you a moment of pause. LiveLeak reports this interview of Rep. Paul Kanjorski. At 2 minutes and 20 seconds in the video below, Kanjorski explains how the Federal Reserve told Congress members about a “tremendous draw-down […]
Not ready for primetime
Obama is disassembling before our eyes. The humiliations of selecting, and then staunchly supporting big government tax cheats, who wont play the same rules they want to impose on everyone else. Going to the Arab Street like a savior and a reasonable man in one package and getting kicked in the groin by a two […]
Geithner: tax cheat should be a part of every story with his name in it.
Geithner is a tax cheat, plain and simple. Who cares how smart he is? Every reference to his name in news stories should read ” …Geithner, the tax cheat…” Tom Blumer has the full story: and more: Byron York at National Review has also been all over the reimbursement issue, and adds several important “he […]