Monthly Archives: October 2011

To heck with position limits, I say we impose limits on bad regulation…

I am beginning to think that the unifying characteristics of virtually all government regulation are that it is emotionally responsive to political problems, devoid of intellectual soundness and utterly lacking a foundation in reason or logic.  Take for example yesterday’s … Continue reading

Share
Posted in Uncategorized | 4 Comments

Duh, of course CDS are a scapegoat…it was true when I said it three months ago and it’s just as true now that CNBC is reporting it…finally…

CNBC recently featured a piece considering whether CDS have become something of a scapegoat particularly in discussions about sovereign CDS and various European players blaming naked buyers of protection for what are obviously unrelated fundamental problems with the EMU and … Continue reading

Share
Posted in Uncategorized | Leave a comment