We had Congressman Grayson at our Conference in the spring — he is a fireball, who speaks truth to power.
What I especially like about him is that he makes both the far left and the far right very angry.
Do not value money for any more nor any less than its worth; it is a good servant but a bad master. ~Alexandre Dumas fils, Camille, 1852
The US$ is at the high of the day vs the euro coincident with Greek CDS at the wides of the morning by 20 bps to 307 bps following the news this morning. This level is a 2 week high. In sympathy, CDS is wider in Spain, Portugal, Italy and Ireland. Bond yields are higher too and Greek stocks in particular closed down 3.4%. There is also an idiotic rumor out there that the Fed is again going to raise the discount rate after doing so a month ago. While they easily may but likely won't anytime soon, there is...
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November 2nd, 2009 at 10:37 am
Giving new meaning to “The Mouth of the South”. A Bronx Science grad and a breath of fresh air blowing in from New Yawk. Too fun!
November 2nd, 2009 at 11:10 pm
April Fool’s Day, right? Honestly, I cannot believe anybody thinks this stupid liberal is the voice of reason. Especially you, Mr. Ritholtz.
November 3rd, 2009 at 8:55 am
If he’s so great, where are the calls for tort reform? If he cares so much, where are the calls for immigration reform? These two issues alone account for $100’s of billions of dollars of losses to the health care system.
He’s not any different then the rest of them on both the left and the right. He doesn’t speak truth – just another voice in the chorus of corruption….