Magox

So much stupidity...

well, there is a distinction between Boehner and Ellison and that is that Boehner has publically wept on more than a few occassions, I'd say his weeping is fair game for the peanut gallery.

Na uhh /PBills

no silly, lybob's blog Duhhhhhhh!

Hmm, more than 50 death threats, yet this doesnt get nearly the attention of the few during the health care debate. not surprising.

WTF are you talking about, it's a corporation? This isn't subject to "term limits".

Prove that I ever said or inferred that! Prove it! You can't. You just go based off your preconceived view of me, I unlike you bobby look at things from both sides of the coin. I have said here on more than a few occassions that the underwriting from the banks, the credit agencies and the mortgage servicers played a signigicant role in the downfall of the economy. Of course there were many other pieces of the puzzle that contributed as well, but these would all fit in my top ten reasons for the collapse in the housing market. People are people, doesnt matter where they work, whether they are steel mill workers, truckdrivers, bankers or politicians, you'll find good and honest ones in all fields and you'll find cheating pieces of shitz as well. I don't buy into the propaganda that you spew because I know it to be a fact that much of it is gibberish and that it all comes form loony leftist conspiratist rantings of people that are able to suck other like-minded people into seeing things that fit their POV (for example YOU).

The deal with NPR is largely symbolic, having said that they do push liberal views and they do accept a very meager sum of public funds, and as little as it may be, it still is tax payer money and probably should be slashed. WHat's the big deal? I'm sure NPR can find some rich lefty donor to compensate the difference. If I were them, I'd rather go this route to stop being the target of all the right radio and tv "personalities". Too much negative attention vs. the reward in taxpayer money.

Hedge, Hedge, Hedge! And this wouldn't be classified as a speculative "Big table Vegas" sort of investment. I'm talking purely about insurance (hedging), to help protect your investments in equities. A $150 option would be pretty expensive, and I havent checked lately I'm guessing the $200 option has risen dramatically in value over the last few weeks. I wouldnt be surprised that the option value on a Dec. 2011 option has risen over 500% in that time span. Those option premiums can fly when this sort of panic buying comes into the market.

Now that's rich.

I don't get it

Great insurance hedge to buy $150 options. I'd say the likelyhood of it happening are lower than 25%, but if it did reach that high, then you better believe that the stock market would take a serious nosedive and depending on the options you own, you could really protect your downside with those options.

Just wondering, how is that an example of being an oxymoron?

He IS a one-man wrecking crew. I'm sure they thought they had him after the Landrieu deal or at least that he'd go away, I guess not.

That wont come online for at least another 7-10 years as the drilling is in extremely deep waters. However you do make a point that as the higher the price of oil reaches the more available other existing oil deposits are extracted such as Canadian sands. In regards to Saudi Oil, who knows what they have? Matthew Simmons use to have all sorts of studies and satellite imagery that he would present making his "peak oil" case, of course the guys from Saudi Aramco emphatically deny it, so the reality is that none of us are qualified to give a credible opinion on the matter, and either are most traders and oil analysts.

probably would have a one day $2-3 dollar effect on the news of opening up more land for drilling and then would have a much larger 4-10 year tangible impact on more supplies hitting the market.

Yeah, I dont believe that would work, the market isn't concerned with Cushing Oil supplies (and usually never is unless it's in what I call "Bear-mode"), it's focused on supply disruptions and fear of it escalating.

yup, march april is usually when refinery utilization rates drop to their lowest levels of the year and also investors usually start buying futures in anticipation of the summer driving season. Typically in a normal year, gasoline futures hit peaks right before and the beginning of the summer and towards the end of the summer, depending on actual demand vs. expectations. Of course, it is hurricane season and those disruptions or fear of it impacts prices.

It was an idiotic economic move, but you have to understand who his donating constituents are, he was the great _____ hope of the progressive movement, they thought he was going to fulfill their entire agenda, and when he pushed through things that for most rational centrist thinking people were considered too far to the left then he pissed off many people, but of course there are the loons from the left that believe he hasnt gone far enough *cough cough* (lybob), so he HAS to throw these monkeys a banana once in a while or support will drop for him heading into the elections.

Lybob, Mother Jones and "real" classwarfare.... ok, thats all I needed to know

Blaming Obama for the high gasoline prices is about as idiotic as blaming Bush for the collapse of the economy. It's a straw man's argument. Obama's decision on the moratorium may have impacted short-term prices by a $2-4 a barrel and possibly a little more going out further than 3 years from now. That's it!!

No, it makes you a fat ass.

No, Dave is an idiot. In regards to Roubini, I respect him very much, I use his some of his analysis for what I do and I have quoted him on many occassions. Having said that, he has been wrong on many instances over the past year, that is what happens when you get a perma bull and perma bear. They are always looking for either the bull or bear case with little regards to the other side of the argument. Which is why the stock cheerleaders are always looking for the upside and the perma bears such as roubini always looking for the downfall.

Roubini at least doesn't use the typical metrics that many of the more conventional economists and stock cheerleaders use, having said that, he's a perma bear that has been wrong on more than a few occassions over the past year and a half. But I do enjoy hearing his analysis.