-- Eugene McCarthy (1916 - 2005) American politician, poet, and 22-year member of the US Congress (D-MN)
Thursday, October 30, 2008
People Might Remember
-- Eugene McCarthy (1916 - 2005) American politician, poet, and 22-year member of the US Congress (D-MN)
Wednesday, October 29, 2008
Politician Vs. Statesman
Tuesday, October 28, 2008
Guide Your Luck
Monday, October 27, 2008
Informed Voters
Friday, October 24, 2008
Talk Sense
-- Adlai Stevenson, acceptance speech, Democratic National Convention, Chicago, IL, 26 July 1952
Thursday, October 23, 2008
Victory, Not Truth
Wednesday, October 22, 2008
Distorted
Tuesday, October 21, 2008
Lahde Duh
I was in this game for the money. The low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA, was there for the taking. These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government. All of this behavior supporting the Aristocracy only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America.
On the issue of the U.S. Government, I would like to point out the obvious flaws, whereby legislation was repeatedly brought forth to Congress over the past eight years, which would have reined in the predatory lending practices of now mostly defunct institutions. These institutions regularly filled the coffers of both parties in return for voting down all of this legislation designed to protect the common citizen. This is an outrage, yet no one seems to know or care about it.
With that I say goodbye and good luck.
All the best,
Andrew Lahde
-- Andrew Lahde of Lahde Capital Management, farewell letter (abridged) on his retirement (age ~38) after his fund earned 866% return in 2007 betting on the collapse of the subprime mortgage industry, Financial Times, 17 October 2008
Monday, October 20, 2008
Orthodoxy
-- Colin L. Powell, discussing Senator John McCain, and endorsing Senator Barack Obama, New York Times, 20 October 2008
Friday, October 17, 2008
In Defense Of Cheating
-- Donald A. Norman, Professor of Computer Science, Northwestern University, Ubiquity, Volume 6, Issue 11, 29 September 2008
http://www.acm.org/ubiquity/views/v6i11_norman.html
Thursday, October 16, 2008
Duly Rise
Wednesday, October 15, 2008
Cinderella At The Ball
-- Warren Edward Buffett (30 August 1930-), American investor, CEO of Berkshire Hathaway, Berkshire Hathaway 2000 Chairman's Letter
Tuesday, October 14, 2008
Plenty There
Monday, October 13, 2008
Lack
-- Tom Hanks
Friday, October 10, 2008
Market Boom
U.S. stock market paper losses totaled $872 billion Thursday and the value of shares overall has tumbled a stunning $8.33 trillion since last year's high. That's based on preliminary figures measured by the Dow Jones Wilshire 5000 Composite Index, which tracks 5,000 U.S.-based companies' stocks and represents almost all stocks traded in America.
[snip]
From Yahoo News
... and then there's today ....
Thursday, October 09, 2008
Artificial Boom
Ludwig von Mises (1881-1973) Austrian economist
Wednesday, October 08, 2008
Knife Fight
Tuesday, October 07, 2008
Puppet
Monday, October 06, 2008
Nothing Is Illegal
-- Andrew Young, author, civil rights activist, US congressman, mayor, and UN ambassador (b. 1932)
Labels:
Current_Events,
Humor,
Law,
Politics,
Quotation
Friday, October 03, 2008
Bad Horsemen
-- Joseph Schumpeter (1883-1950), Austrian-American economist
Labels:
Current_Events,
Humor,
Law,
Politics,
Quotation
Thursday, October 02, 2008
Corporation
Wednesday, October 01, 2008
Casino Capitalism
-- German lawmaker Martin Schulz, chairman of the Socialists in the EU assembly, September 2008
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