Are blogs retro yet?
economics .. the short version, since the long is wasted on the young
Risk without danger is not risk.–webionaire
Our mess is self delusion. We have been fooled into thinking that markets lower risk. We do this at the blackboard.
You have placed the blindfold of “Hedge” over your own eyes.–webionaire
The firing squad is gathering in a circle. Let’s hope the blindfolds are bullet proof.
There are no innocents in a crowd during a time of riot, or panic. Your presence is enough.
First thoughts as I watch the testimony of the CEOs from AIG. They will be unable to explain, to the satisfaction of either the congress or the citizens, what their intent was, because they are using terms with private meaning and neither the headline nor the **** will take the time and words to explain the way of this world. In another place, I will write about this.
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