Comments for The Big Picture

Comment on Treasury DKs Goldman/Fannie/BRK Tax Credit Scam by notsofastfriend

notsofastfriend — Sat, 07 Nov 2009 16:00:08 +0000

Way to say as it is Barry. He will be known as the Tentacles of Omaha from this moment on. Bastard Buffet…

Comment on Treasury DKs Goldman/Fannie/BRK Tax Credit Scam by some_guy_in_a_cube

some_guy_in_a_cube — Sat, 07 Nov 2009 15:54:35 +0000

Strong stuff BR.

Indeed, the emperor is wearing no clothes.

Comment on Treasury DKs Goldman/Fannie/BRK Tax Credit Scam by Mannwich

Mannwich — Sat, 07 Nov 2009 15:53:16 +0000

Welcome back, Barry. Does this mean you’re also going back to the old blog design too?

Comment on Treasury DKs Goldman/Fannie/BRK Tax Credit Scam by MayorQuimby

MayorQuimby — Sat, 07 Nov 2009 15:48:50 +0000

Good for you Barry. THIS is the side of you we like to see.

BTW – are you going to address the following:

“The Fed has been informed by dealers that they would be willing to
enter into very sizable amounts of reverse repos with the Fed, if asked
to do so, provided they could get some relief from Tier I capital
constraints”

from acrossthecurve.com

Comment on Treasury DKs Goldman/Fannie/BRK Tax Credit Scam by davver

davver — Sat, 07 Nov 2009 15:48:29 +0000

Is there any sort of surprise?

Really, someone as smart as you should have figured this one out sooner.

Comment on Treasury DKs Goldman/Fannie/BRK Tax Credit Scam by call me ahab

call me ahab — Sat, 07 Nov 2009 15:47:27 +0000

WOW BR-

quite the invective!

i’d like to think i could top you on your outrage-

but i think you got me beat this time-

most excellent!

Comment on Treasury DKs Goldman/Fannie/BRK Tax Credit Scam by MRegan

MRegan — Sat, 07 Nov 2009 15:47:05 +0000

Finagling Financiers and their Felonious and Furious Fellatio Frenzy!

Comment on Smart People, Big Ideas, Wild Experiences by Bruce in Tn

Bruce in Tn — Sat, 07 Nov 2009 15:44:06 +0000

http://english.cctv.com/program/newshour/20091107/101329.shtml

China denounces US protectionism

…this will, I think, be one of the bigger problems in 2010. Already gave my opinion about this trend months ago, but now I think we get to see protectionism with the wind at its back…

Comment on Treasury DKs Goldman/Fannie/BRK Tax Credit Scam by MRegan

MRegan — Sat, 07 Nov 2009 15:43:00 +0000

Here’s another possible outbreak of reason:

Einhorn: Greenlight Capital founder calls for CDS ban

http://www.ft.com/cms/s/0/6b1945e6-caf9-11de-97e0-00144feabdc0.html?nclick_check=1

As for Buffet, there was something fishy about his silver play back in 200? when he was forced to reveal a position he had been working to keep hidden. No one gets rich by hewing to Boy Scout’s Oath.

From the wayback machine:

http://www.pbs.org/newshour/bb/business/jan-june98/silver_2-25.html

Jim Grant has some interesting comments in that interview.

Warren Buffet showed that he could not be trusted by repudiating publicly his marriage vows. I cannot trust a man who will not honor a vow made voluntarily. Sorry, Warren, if you’ll cheat the person you promised to love and honor…who won’t you cheat?

Comment on Some Quick Thoughts about Jobs by Bruce in Tn

Bruce in Tn — Sat, 07 Nov 2009 15:25:53 +0000

http://money.cnn.com/2009/11/06/news/economy/jobless.recovery.fortune/index.htm?postversion=2009110614

Stop the ‘jobless recovery’ madness!

“Because output fell so sharply following the oil shock and Lehman Brothers collapse of 2008, some pundits are banking on a sharp rebound.

But job and wage growth have been weak for a decade. Total private sector employment has dropped since the Yankees held their previous victory parade, in 2000.

That means there has been no net private sector job growth over a nine-year span where the U.S. population expanded by 11%, according to the Bureau of Labor Statistics. “