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Post by agito on Sept 20, 2010 20:43:23 GMT -6
read a good article on the bloomberg site, wanted to share Hedge Funds Are Running Out of Reasons to Exist: Matthew Lynn...Likewise, the London-based Alternative Investment Management Association is trying to hold the line against European Union regulations on short-selling. It claims selling shares you don’t own increases liquidity and aids price discovery, which means there should only be more transparency, not a clampdown.
Please, guys. This script just won’t work anymore. If you want to defend the industry, you need some new lines.
These two representations, by themselves, don’t matter much. They are just a couple of examples. But there will be dozens of proposals for new rules from the U.S., the EU and U.K. regulators in the next few years. The problem is that the arguments put forward by the hedge funds haven’t moved forward at all. It is as if the credit crunch never happened.
First, stop going on about “liquidity” all the time. It just isn’t plausible that holding stocks for milliseconds -- which is all that high-frequency trading amounts to -- makes the market work better in any way. .....
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Post by agito on Sept 11, 2010 15:29:29 GMT -6
UnLC- the most likely culprit are the advertising programs that the sites you are visiting are associated with. And what sucks is that the websites you are visiting don't have a whole lot of leeway in the amount of bandwidth that their advertisers might be using up.
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Post by agito on Sept 11, 2010 15:27:12 GMT -6
Nafta isn't a wedge issue because it's not wedged between the parties, since they both support it.
Now wedging people away from the parties... that might be a point.
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Post by agito on Sept 11, 2010 15:25:45 GMT -6
having the grandparents in the home and helping the family is an ideal.... provided you have the space for it, and the ability to care for the medical needs of the grandparents, and that they aren't suffering from dementia.
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Post by agito on Sept 9, 2010 16:45:12 GMT -6
excellent point fredorbob
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Post by agito on Sept 9, 2010 16:43:34 GMT -6
yeah- first I heard of the 9 state omission was on (ironically) cnbc.
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Post by agito on Sept 8, 2010 21:27:40 GMT -6
AAAAAAwe jeff- that's no way to talk about your offspring!!
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Post by agito on Sept 8, 2010 21:26:37 GMT -6
people like larry kudlow are giving tea partiers money precisely because they are too stupid to pay attention to advice like this. keep dreamin denninger
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Post by agito on Sept 8, 2010 21:25:24 GMT -6
I don't think the change for the republican identity is complete yet. they still have to succeed at something, or else they will change, change, and change again.
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Post by agito on Sept 8, 2010 2:33:14 GMT -6
ah man- i didn't see any steam punk- which link do i have to click on for that?
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Post by agito on Sept 8, 2010 2:28:34 GMT -6
It just has to be expensive enough to be worth offshoring. give it time, after all the "higher earning" jobs are done, the women's jobs will go next
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Post by agito on Sept 8, 2010 2:22:25 GMT -6
how's this for logic.
america gets attacked and loses 2977 lives.
America counter-attacks and loses 4404 lives in Iraq, and 1,200 in afghanistan (not including contractors, some of whom might have been american)
and we are still not "safe" from another attack.
We go into war just to lose twice as many lives as the incident that provoked it.
I would not call that smart.
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Post by agito on Sept 8, 2010 2:11:58 GMT -6
damn i miss that, glad your family had fun
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Post by agito on Sept 8, 2010 2:08:47 GMT -6
Waltc- I disagree with your characterization of the economy when reagan stepped into office. the US was still recovering from 70's stagflation, and the economy went into double dip in 81 and 82.
I agree with your assessment of what the gop will do if they manage to take the house ( i don't think they will, but I'm not laying money on that wager), however, I think it's important to point out that the GOP has a very effective spin machine and could still get people to blame obama for it.
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Post by agito on Sept 8, 2010 2:04:31 GMT -6
would be good if true...
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Post by agito on Sept 8, 2010 1:56:03 GMT -6
few things UnLC:
I don't know enough about corporate taxes, but this is the first I'd heard of this.
I'm not a fan of this because the "new worker" designation can be manipulated, or you end up inviting an overly cumbersome bureaucracy to try to keep track of who is who.
I've been thinking the same thing for a long time now. In fact, i think they should offset the lost revenue of doing this by increasing capital gains taxes.
I ran some numbers back in 2008, and by simply rebating 1% of a workers salary up to ~$105k, the amount corporations would save would be equal to the much ballyhooed %10 corporate tax cut republicans were fighting for at the time. But here's the kicker, a %1 rebate wouldn't affect all corporations equally, and the corporations that have more american workers would get a larger "bonus" and allow them to expand over their foreign labor employing competitors.
An even better approach would be to increase the amount year over year (so that by the 5th year, it was a 5% rebate), while at the same time increasing the general corporate tax rate by 5% a year. This would winch corporations into having to hire american labor to benefit from the cut or simply have to pay higher taxes for employing foreign labor.
side bonus, it's a way to tax imports without actually taxing imports and would be WTO compliant.
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Post by agito on Sept 8, 2010 1:42:47 GMT -6
was listening to a replay of thom hartmann's show today and he slipped out a quote that he didn't take time to elaborate on, but he went along the lines of this
".. I think the corporations are waiting for another market crash so they can use their stockpiled cash to buy back their own shares"
food for thought.
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Post by agito on Sept 6, 2010 13:25:07 GMT -6
video is 2 years old, but the website is continually updated
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Post by agito on Sept 1, 2010 22:04:31 GMT -6
well ... now that the day is over.... i'm seeing a pattern. 1st of the month, old (institutional) money is absorbed into the market. ENd of the month, the money has been absorbed from the market.
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Post by agito on Aug 30, 2010 0:26:43 GMT -6
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Post by agito on Aug 30, 2010 0:23:09 GMT -6
hey jeff, I was just thinking how this might play out in california. California doesn't pass budget. Calpers employees get I.O.U.s I.O.U.s get cashed at banks. budget issues linger banks stop cashing I.O.U.s- then- do the banks sue the government and try to take control? or do the california workers just stop showing up to work?
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Post by agito on Aug 30, 2010 0:20:05 GMT -6
the one thing that can be said for sarah is she's doing the gruntwork right now. She's building her base.
But the only way she could win is if the opposing base was so demotivated they didn't turn out. Seeing as how much the left loves to tout anything sarah related because they know it fires up their base, I don't see that happening.
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Post by agito on Aug 30, 2010 0:16:27 GMT -6
tru dat
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Post by agito on Aug 28, 2010 13:51:09 GMT -6
I'm actually not against this one as much as you guys are. Placing a GPS system on the vehicle is the same as having a police officer tail following your vehicle everywhere you go, which can be done without a warrant.
I'm more concerned about people not having the right to film the officer in the process of doing that.
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Post by agito on Aug 28, 2010 13:48:10 GMT -6
hell- i'm just looking to see some actual strikes go into effect before I see some revolutions
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Post by agito on Aug 27, 2010 1:55:30 GMT -6
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Post by agito on Aug 27, 2010 1:53:37 GMT -6
my thoughts of a 6000 dow in september is still a longshot, but it's the direction it's heading in.
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Post by agito on Aug 21, 2010 15:13:30 GMT -6
OK- the one thing I want to know, who gets hurt when a bond bubble pops? it's not the people who have bought the bonds. It's the businesses that sold them and no longer get cheap money, thereby raising their expenses, lowering their earnings, and then lowering their stock value anyway.
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Post by agito on Aug 20, 2010 14:28:16 GMT -6
I would advise owning the land you bury it in.... oh wait... ;-)
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Post by agito on Aug 20, 2010 14:09:16 GMT -6
I agree with the assessment, but not with the methodology.
The ECRI is way to heavily weighted on Real Estate, so while it has been accurate in predicting recessions in the past, it was only because our economy has been so dominated by the FIRE industries. The day the ECRI predicts a recession and we don't have one is a day we should look forward to.
Unfortunately we are still going into the double-dip/entended recession this time around.
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