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One of the wonderful things about leaving certain laws to the states and municipalities (as opposed to all laws enacted by the federal gov't) is that if one doesn't like the laws in a given jursidiction, one can move.
Vis a vis, if my town ever enacted something as f*cking idiotic as a law banning large sodas, or c...more
He once tried to make another funny TV show about cars.
And that he buys his soup from a chap they call..."the Soup Nazi".
All we know is, he's called the Sti...oh wait I'm thinking of a different show.
Point #1 - Insurance companies earn money for their investors by taking in more premiums than they pay out in claims. If they don't take in more than they pay out, they're out of business and everyone who invested loses their money. Before someone starts complaining about evil and greedy investors, remember that your...more
Also if you were going to use it to fix the debt, rather than sending a check to Tim Geithner, you could just use the bonds for firewood for a couple days and save youself the $.34 postage.
As you might recall, it was $6T of (fake) United States IOU's.
Just trying to save you a few cents.
I would send one postcard saying "bite me" to each company that has ignored my resume and cover letter since I graduated MBA last June.
With whatever I had left over I would buy a cigar, sit on a park bench, and have myself a smoke.
On national debt -
The obvious: we have debt because we spend more than we tax.
Why do we do that? Mainly for political reasons. Voters elect leaders who solve problems, especially social problems. How do you solve problems? The easiest way is by spending money.
What do we spend it on? While it...more
First of all, economics are economics. Judging the morality of the market is pointless - in other words, if an arbitrage opportunity exists, the market will jump on it, that is the nature of economics. Judging the morality of that is pointless.
Now to my point. Perhaps my understanding of foreign exchange is of...more
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