I once noticed this woman at a grocery checking out, she appeared somewhat disheveled – clearly pumping more than a few dollars into this crane machine. Then epiphany – she wanted what she couldn’t have ?

Now, on the OTHER hand, there exists a hospital next door, so, maybe I need to abandon this story to deliver that point.

Yikes !

If I got THAT one wrong, yikes, even if she shovelled $12 into that crane machine ! It could have been a gift !

and that is the same point I just ended up on with Buffett and Gates probably BOTH saying – as they watch some 783 million USD yayhoo yacht go by – “It could have been a gift” ?

Exchange crane machine prizes with

Yacht
TIVO – ok ok – I’ll leave that out – I don’t have it, but people do find utility in it
Double Wide
Winning Chinese investments BEFORE they have bank failure
Jet
4 year senate package

Oh well

people do seem to want what they can’t have – crane machine syndrome.

Now, wanting to get out of this debt mess – that is not issue to me –

in THAT case, it’s find accountability

over and over

hmm – That leaves with one other observation Ms. MacDonald – you could probably THRIVE in some research intensive environment – my posts are somewhat yayhoo- nothing stands out here, you deserve more than this.

Maybe go think tank ? for a bit ? ugh! Book ! Hiaetus !

no, on the other hand, more hosting, if not your own show.

PROBABLY the fun ticket !

sheesh, had a typo there on fun.

sierra nevada wasn’t the best start of the day probably.

takea a job with Berkshire Hathaway – I bet you could co-edit anything they need to get out – but all in all ?

upstream fishing

I see at the crystallized precipice of these murky waters from toxic waste in transit mortgages about to surface for the first time – cleaner waters. I can’t not ask myself – how is it the two wealthiest – or let us say ? successful capitalists ? Gates and Buffett both – end up here too.

How can we not look at the winners here and ask – and yet ? Here is Warren Buffett on Happy Hour of all places – stating in response to why he’s giving his money to Bill and Melinda Gates Foundation – 38 Billion is it ? “It was never mine”

And that – is the baseline truth.

And you know ? All these hedge funders that ride high on 7 figure walk in the door fee’s ?

Buffett especially makes anyone still seeking the ‘yacht’ cornerstone to a double wide with the velvet with only 1/2 of elvis’s face because the discount was on the machine breaking down – applied to the back of the living room trailor door. Once in, you will never leave without getting slammed on hearing about the elvis velvet, same with the yacht.

ESPECIALLY with futures

as she points out, ‘well uh, ORIGINALLY? – they have visceral purpose – now ? they’e some abstract derivative (I’ll embed her also wording ‘lord only knows’)’

it is absurd indeed

That’s like using a thermometer for the patio for perhaps some inner bird temp readings ?

it’s JUST not designed for that – nor is it probably safe

same with futures

mis-use

OR

I won’t even get into baster abuse.

futures abuse ?

PROBABLY about the same

As Muriel points out – futures were designed to help build or price in anticipated value of a product – a guide for pricing if you ask me.

And now ?

it’s a ride up AND down – short or long – I don’t even WANT to ponder software applied to trading.

or Trading Automatae perhaps.

either way – I was surprised to see Ed Thorpe iirc, the mathematics professor from MIT who first explored card counting with blackhack in the 1950’s/60’s – then went on to formally design the first hedge fund.

Is it abuse teetering on mis-use ? or mis-use teetering on abuse ?

“For 2007, Syron received a $1.2 million salary, a $3.45 million bonus, including $1.25 million to remain at the company, and $771,585 in other compensation. He also received stock and options valued by the company at $14.3 million at the time they were awarded.” I believe that if they are in such a bad state all executives should recieve no bonuses, there should be no dividend payout during the time frame and all company raise should not exceed a standard raise equatible to inflation and no more. Why should tax payers funds be used to ensure execs get such rich compensation or dividends be paid……accountability has to start some where.

Concerned tax payer
Gregg