Lance on Dec 03 2008 | Filed under: Humor, economy
I hear repeatedly from our fellow citizens “where is my bailout?” For those who have been wondering the fine journalists at Vanity Fair have found the paperwork so you can begin applying now for, as the application says, “free government cash.” (Click image for Large Version.)
Lance on Dec 02 2008 | Filed under: Economics, Government policy, Humor, Politics, economy
By Fred Thompson. With only the most minor quibbles I not only laughed, but cried. Pretty much dead on:
The sad thing is that it isn’t only “liberal” economists, it is the meat of the profession and plenty of so called “conservative” politicians.
Hat Tip: McQ
Lance on Nov 21 2008 | Filed under: Humor
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Lance on Oct 02 2008 | Filed under: Humor
A new distressed debt leveraged hedge fund has been launched:
Go visit the website for all their competitive advantages!
Lance on Feb 11 2008 | Filed under: Great Investors, Humor, Risk, Valuation, economy
John Hussman is always worth a read. I like this from his letter this morning:
As I wrote in April 2000, bear market psychology typically evolves something like this:
“This is my retirement money. I can’t afford to be out of the market anymore!”
“I don’t care about the price, just get me in!!”
“It’s a healthy correction”
“See, it’s [...]
Lance on Jan 07 2008 | Filed under: Economics, Humor
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Lance on Jan 07 2007 | Filed under: Humor, Taxes, Uncategorized, tax policy
Via Professor Greg Mankiw:
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The [...]
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