Comments on: Why Bernie Madoff should have run the Fed

By: buddy larsen

buddy larsen — Fri, 05 Jun 2009 04:51:57 +0000

By: buddy larsen

buddy larsen — Fri, 05 Jun 2009 03:19:04 +0000

thanks, veracious –that’s mutual –i also keep an eye out for yours!

winslow, re your wondering, take a look at muckety dot com sometime. The relationship maps and attendant outlines of known relationships are a quick way to start tracking policy and policy effects, and the kieretsu which attend their birth and later remunificense.

By: winslow

winslow — Fri, 05 Jun 2009 02:00:11 +0000

Veracious, I do not know who the very rich are, or how well they are coordinated. There are countries with huge sovereign wealth, the various oil fortunes and the drug money. There are various interests who promote one-world government, some of them associated with great wealth. GWB seemed to be one such agent, a do-gooder with such a personal agenda (I felt his support and deference to the UN quite unconscionable) as to have neglected his constitutional duties and, although quite ignorant of economics, was lucky enough to have reduced taxes, excuse my veering off topic.

By: veracious

veracious — Fri, 05 Jun 2009 01:38:08 +0000

Buddy, you are surely one poster that I read as often as Wr himself.

Winslow, I do not believe it is _our_ rich who are the major players. They are just intermediates between the princes of OPEC/China and USA socialists. Regardless, they do seem to have synergy…

By: buddy larsen

buddy larsen — Thu, 04 Jun 2009 18:05:47 +0000

i was adding to your observation, Bob. One would think that closing dealerships on a political basis would be unthinkable due to the negative publicity. i was trying to ask, “What negative publicity?”

By: Bob Smith

Bob Smith — Thu, 04 Jun 2009 17:19:28 +0000

Bob, “pay-to-play” does not function well without the public animal-sacrifice ceremonies.

Whose ox are you goring here? I don’t understand the reference.

By: buddy larsen

buddy larsen — Thu, 04 Jun 2009 17:04:20 +0000

Bob, “pay-to-play” does not function well without the public animal-sacrifice ceremonies.

By: Bob Smith

Bob Smith — Thu, 04 Jun 2009 16:32:36 +0000

Recently a “rumor” was floating about that the administration was closing down auto dealerships that were contributing to McCain & Republicans. It was then pointed out that the vast majority of car dealers are Republican leaning and therefore natural statistical principles explain this.

The pointers are in error. While it is true that the majority of dealers are Republican, it is not true that 100% of them are Republican, yet all (I don’t recall if there are 1 or 2 Democrats) of the to-be-closed dealers are Republican. Statistically, that’s so unlikely as to be essentially impossible were dealers chosen in an unbiased manner.

By: buddy larsen

buddy larsen — Thu, 04 Jun 2009 15:37:23 +0000

winslow @ 40;

A perfect storm, so powerful that one’s only useful action is to describe it.

–how perfectly said.

By: buddy larsen

buddy larsen — Thu, 04 Jun 2009 15:33:03 +0000

news reports that the admin’s Gary Gensler is preparing the case for a new unitary regulator to oversee a full slate of financial reforms aimed at the flaws exposed by the current crisis.

Gary Gensler is the guy who (under President Clinton) planted the seed that enabled the ‘apre moi, le deluge’ in the first place. If interested, it’s all in search –type the name and [ credit default swap ]. The year 2000 is a time of interest.