Comments on: The White House, a Subsidiary of . . . http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 20:51:52 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Greg0658 http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-206167 Greg0658 Wed, 19 Aug 2009 13:57:01 +0000 http://www.ritholtz.com/blog/?p=35861#comment-206167 Winston Munn " .. just a bunch of common thieves" ___ Holly Gennero McClane: After all your posturing, all your little speeches, you're nothing but a common thief. Hans Gruber: I am an exceptional thief, Mrs. McClane. And since I'm moving up to kidnapping, you should be more polite. ___ John McClane: So that's what this is about, Hans? A fucking robbery? Hans Gruber: Put down the gun. John McClane: Why'd you have to nuke the whole building, Hans? Hans Gruber: Well, when you steal $600, you can just disappear. When you steal 600 million, they will find you, unless they think you're ..... TBTFight Winston Munn ” .. just a bunch of common thieves”
___

Holly Gennero McClane: After all your posturing, all your little speeches, you’re nothing but a common thief.
Hans Gruber: I am an exceptional thief, Mrs. McClane. And since I’m moving up to kidnapping, you should be more polite.
___

John McClane: So that’s what this is about, Hans? A fucking robbery?
Hans Gruber: Put down the gun.
John McClane: Why’d you have to nuke the whole building, Hans?
Hans Gruber: Well, when you steal $600, you can just disappear. When you steal 600 million, they will find you, unless they think you’re
….. TBTFight

]]> By: danb http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-206101 danb Wed, 19 Aug 2009 11:37:49 +0000 http://www.ritholtz.com/blog/?p=35861#comment-206101 GS is at the moment in control of a White House that is out of touch with how the world is changing. GS's natural strategy is regulatory capture, a la M. Olson and others. GS is really Wile E. Coyote over the cliff giving gravity lessons. Recall that last week Elizabeth Warren called the financial behemoths dinosaurs, a metaphor only used to indicate that they are a dying breed. If you take peak oil into consideration you get one rhetorical question that spells out GS, et al's fate: How do you have growth without an increasing amount of energy to do work? I'll not get into alternatives, but peak oil skeptics should now spell out exactly where the energy -especially liquid fuels- lost from peak oil is going to come from. Whether she knows it or not, Warren is talking about the limits to grwoth and the greatly reduced role for Gs, et al in that context. Neither the government or Gs creates wealth. GS is at the moment in control of a White House that is out of touch with how the world is changing. GS’s natural strategy is regulatory capture, a la M. Olson and others. GS is really Wile E. Coyote over the cliff giving gravity lessons. Recall that last week Elizabeth Warren called the financial behemoths dinosaurs, a metaphor only used to indicate that they are a dying breed. If you take peak oil into consideration you get one rhetorical question that spells out GS, et al’s fate: How do you have growth without an increasing amount of energy to do work? I’ll not get into alternatives, but peak oil skeptics should now spell out exactly where the energy -especially liquid fuels- lost from peak oil is going to come from. Whether she knows it or not, Warren is talking about the limits to grwoth and the greatly reduced role for Gs, et al in that context. Neither the government or Gs creates wealth.

]]> By: Seattle Chill http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-206087 Seattle Chill Wed, 19 Aug 2009 08:20:16 +0000 http://www.ritholtz.com/blog/?p=35861#comment-206087 cvienne, once their neg-am resets the short sale will be the chance of a lifetime. cvienne, once their neg-am resets the short sale will be the chance of a lifetime.

]]> By: cvienne http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-206039 cvienne Wed, 19 Aug 2009 04:27:51 +0000 http://www.ritholtz.com/blog/?p=35861#comment-206039 Is the house in that illustration in foreclosure? for sale? I'm just interested in making a buck here... Is the house in that illustration in foreclosure?

for sale?

I’m just interested in making a buck here…

]]> By: Mannwich http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-205982 Mannwich Wed, 19 Aug 2009 02:40:41 +0000 http://www.ritholtz.com/blog/?p=35861#comment-205982 @Marcus: Totally agree. What a pathetic culture we've become. Get as much loot and accumulate as much stuff as fast as you can while you can. Doesn't matter how you do it. Just do it. Every man, woman and child for themselves. "If you can't beat 'em join 'em". Maybe that mantra should replace "Land of the Free, Home of the Brave. @Marcus: Totally agree. What a pathetic culture we’ve become. Get as much loot and accumulate as much stuff as fast as you can while you can. Doesn’t matter how you do it. Just do it. Every man, woman and child for themselves. “If you can’t beat ‘em join ‘em”. Maybe that mantra should replace “Land of the Free, Home of the Brave.

]]> By: aupanner http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-205971 aupanner Wed, 19 Aug 2009 02:26:49 +0000 http://www.ritholtz.com/blog/?p=35861#comment-205971 "So buy their stock if you’re so sure they’re the Illuminati." - one of the dumber suggestions made. i like the other suggestion i've read on this blog somewhere - refuse to play along, start dealing in cash, and stay "off-the-grid". “So buy their stock if you’re so sure they’re the Illuminati.” – one of the dumber suggestions made.

i like the other suggestion i’ve read on this blog somewhere – refuse to play along, start dealing in cash, and stay “off-the-grid”.

]]> By: Calvin Jones and the 13th Apostle http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-205930 Calvin Jones and the 13th Apostle Wed, 19 Aug 2009 00:57:31 +0000 http://www.ritholtz.com/blog/?p=35861#comment-205930 BR: You were on C-Span 2 tonight. Didn't know if you knew they were replaying your Book Club appearance on Long Island. BR:
You were on C-Span 2 tonight. Didn’t know if you knew they were replaying your Book Club appearance on Long Island.

]]> By: DiggidyDan http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-205924 DiggidyDan Wed, 19 Aug 2009 00:27:53 +0000 http://www.ritholtz.com/blog/?p=35861#comment-205924 While being a stockholder in GS may be a shrewd tactic in the fact that they are in control and have secured a position of dominance in the investment banking niche with the fall of their competition, the returns as a stockholder are much less than the egregious returns allocated to management in the effect of compensation, bonuses, and options. (same effect holds true for the taxpayer, who has reaped only losses in the recent transactions). I guess having a little of something as a stockholder as juxtaposed to getting a lot of nothing as an abject and exploited taxpayer may in fact be a prudent choice, given, of course, your proclivities to moral and ethical steadfastness do not preclude such a choice. While being a stockholder in GS may be a shrewd tactic in the fact that they are in control and have secured a position of dominance in the investment banking niche with the fall of their competition, the returns as a stockholder are much less than the egregious returns allocated to management in the effect of compensation, bonuses, and options. (same effect holds true for the taxpayer, who has reaped only losses in the recent transactions). I guess having a little of something as a stockholder as juxtaposed to getting a lot of nothing as an abject and exploited taxpayer may in fact be a prudent choice, given, of course, your proclivities to moral and ethical steadfastness do not preclude such a choice.

]]> By: jc http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-205922 jc Wed, 19 Aug 2009 00:11:38 +0000 http://www.ritholtz.com/blog/?p=35861#comment-205922 The flag should be flying upside down as our symbol of national distress. The flag should be flying upside down as our symbol of national distress.

]]> By: Marcus Aurelius http://www.ritholtz.com/blog/2009/08/the-white-house-a-subsidiary-of/comment-page-1/#comment-205921 Marcus Aurelius Wed, 19 Aug 2009 00:10:22 +0000 http://www.ritholtz.com/blog/?p=35861#comment-205921 VennData Says: So buy their stock if you’re so sure they’re the Illuminati ________ Interesting comment. Sort of gets to the heart of the problem — why fight the Evil Empire if you can join it. You can count on this: stock or no, in the end, the bankers will separate you from your money (and ultimately, your rights if you give them half a chance). VennData Says:

So buy their stock if you’re so sure they’re the Illuminati
________

Interesting comment. Sort of gets to the heart of the problem — why fight the Evil Empire if you can join it. You can count on this: stock or no, in the end, the bankers will separate you from your money (and ultimately, your rights if you give them half a chance).

]]>