The Lemon Aid Repair Program: A Comprehensive Solution to the Auto Crisis

Posted on March 31, 2009
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My suggestion to the auto industry is to rename the auto bailout, to the Lemon Aid Repair Program, or LARP for short. The LARP would essentially be a joint venture between the Department of Motor Vehicles and the Treasury. The aim of the program would be to break the negative economic cycle caused by the “lemon legacy” problem.

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Predictably Irrational: The Hidden Forces That Shape Our Decisions

Posted on March 27, 2009
Filed Under Uncategorized, Reading Recommendations for Investors | 2 Comments

If like myself, you’ve been fascinated by the irrational nature of markets, I recommend checking out the book Predictably Irrational.

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The Social Implications of Geithner’s Plan: Will the Largest Wealth Transfer in US History Have No Effect?

Posted on March 26, 2009
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While there has been much discussion over the potential economic outcome of Geithner’s new toxic asset plan, there has been little attention paid to the crafty use of new terminology to justify the largest theft in the history of capitalism.

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More Government Regulation Over Derivatives?

Posted on March 25, 2009
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In the WSJ today, Hernando De Soto, advocates more government regulation of the derivatives markets. However, because the imaginary pricing of these complex derivative securities is the source of profit for big financial institutions and the Fed, it’s highly unlikely the government will ever regulate these markets.

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Geithner’s Prescription: Isn’t This TARP Diluted?

Posted on March 23, 2009
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Surely, if we dilute TARP by 3%, and call it TALF, we’ll all feel better?

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Trickle Down Economics the Obama Way

Posted on March 23, 2009
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I guess the only explanation for supporting Geithner’s plan is that Obama is making a big bet on the “trickle down” economic theory.

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Should Computers Run the Federal Reserve?

Posted on March 22, 2009
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I’m convinced it should be quite easy to program a computer to do the job of the Fed.

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The Buck Stops with Bernanke

Posted on March 22, 2009
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It is becoming clearer by the day that, in truth, the Buck Stops with Bernanke. The leader of the US, at least as far as the financial crisis is concerned, is undoubtedly Bernanke, and his cohorts at the Fed.

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