Wednesday, August 10, 2011

The Democrats Downgrade

You argue that S&P's down grade of US Government Debt securities is politically motivated and inappropriate. You sight their mishandling of mortgage backed securities ratings preceding the real estate crash of 2007 - 2008.

But S&P is the boy who's pointing out the fact that the emperor is naked, and you are trying to hush him to hide your own embarrassment.  If S&P does not downgrade US debt they are playing the same game they played pre - 2007.

Calling them on their missed call admits what has been missing in the narrative.  The villains here were not just the greedy bankers of the narrative, but also the Rating Agencies, the US congress and the liberal press.

S&P's call forces you to adopt the new narrative.

Denying that makes you a fool. Admitting that, but claiming they are mistaken now makes you a hypocrite.

Thursday, July 21, 2011

Infantile, Narcisistic Morons?

Government should not be involved in any activity that cannot be effected by citizens between the age of 18 and 30.  Any activity that cannot be effected by these citizens should be left to the private sector.

Government service should be required of all citizens for a period of at least 3 years. Service must commence prior to the age of 25 and end no later than the age of 35.  No individual may serve in government longer than 10 years.

Ethics

Your buddy has a great apartment on Park Avenue South.  He has invited you over to watch the NBA finals on his giant flat screen.  He says, "why don't you bring a six-pack of your favorite beer, and I'll buy a pizza?"

As you get off the elevator on his floor, a delivery guy gets on.  You walk down the hall to his apartment.  Just before you ring the doorbell, you notice a $100 bill on the ground outside his door.

What do you do?


  1. Keep the $100 bill - if you weren't meant to have it, it wouldn't have been lying on the ground for you to find.
  2. Tell your buddy that you found a $100 bill on his doorstep and offer it to with him - he must have dropped it when he was paying for the pizza.
  3. Call the pizza parlor to have the delivery guy come back - obviously, as he was making change for the $100 your buddy just gave him and trying to juggle the delivery sacks, he dropped the $100 bill on the ground. Your buddy got his $80 change after paying for the pizza, and the delivery guy is out $100.
You are:


  1. Qualified to be a trader
  2. Qualified for sales
  3. Better leave the business - there is no future for you here.