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SNL: Bush endorses McCain…

The Daily Show: Interview Eugene Jarecki

Great interview. Made me want to go out and grab his new book. Eugene Jarecki believes our society is destroying itself by trying to obtain perfect security.

The Daily Show: Wasilla, AK

I dont know why it takes the Daily Show to unconver this stuff. Makes the MSM look like fools.

Reasonable debate on the two canidates….

I wanted to be fair to both candidates for this election. Its the first time in my short life that I would feel very comfortable with either candidate as President. I mean that sincerely.

So there had to be some mitigating circumstance to delineate the two.

McCain: Unfortunately for McCain, imo, he is an older man with health issues directly and indirectly (melanoma) related to his service to this country. While commendable and highly honorable, his VP pick was of the highest importance to me (an tbh, I would hope its important to everyone else as well) in respect to those health concerns. I voted for McCain in the 2000 primaries, so when he picked Palin, I was a little heartbroken. At first Palin was an absolute disaster as a VP pick. It reeked of political pandering, not a shoring of his deficiencies. Weeks later, it looks ever-so-slightly better….when I say slightly, I mean very slight. So what is slightly better than a total fucking disaster? A train wreck?

Obama: Obama was an unknown quantity. My initial impressions of him were probably the same that everyone else had. Smart, eloquent and a total rookie. But there is a part of me that has always wondered what a non-partisan, non-politician would do in the Oval Office. Obama is the closest thing to that notion in my voting lifetime (Perot being the other in my lifetime). Obviously, with his inexperience, his VP pick was important (but, imo, less so than McCain’s). He picked a guy to shore up his weakest attribute by selecting a long-standing member of the Senate Foreign Relations Committee. Thats a damn good pick.

So with an obvious bias towards Obama to start this internal-reasoning process, I moved on to the issues that are important to me.

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Hedge Fund Manifesto?

A really good read.

Today I write not to gloat.  Given the pain that nearly everyone is experiencing, that would be entirely inappropriate.  Nor am I writing to make further predictions, as most of my forecasts in previous letters have unfolded or are in the process of unfolding.  Instead, I am writing to say good- bye.    Recently, on the front page of Section C of the Wall Street Journal, a hedge fund manager who was also closing up shop (a $300 million fund), was quoted as saying, “What I have learned about the hedge fund business is that I hate it.” Read more »

HBO: Presidential Debate

the post debate round table…if there was a debate on HBO.


Was There Too Much Sex And Profanity In The HBO Presidential Debate?

Palin-ed

Get the latest news satire and funny videos at 236.com.

The Financial Crisis: Real Simple…

So Simple a Caveman Could Do It

Discussion of the current financial crisis is often shrouded in a bunch of pseudo-technical jargon. People, especially intelligent and highly educated people, are often hesitant to ask basic questions. But as Socrates tells us, the beginning of wisdom is a definition of terms.

Imagine you live in a cave in hunter-gatherer society. Og is going to spend the day hunting. You have previously harvested some berries, lived frugally, and now have an extra handful of berries you can give Og to eat while he hunts all day. You and Og make a deal. When he returns from the hunt, he will give you two handfuls of meat. That’s debt. If instead of promising you a fixed amount of meat, you agreed that he would give you a fixed share – say half – of what he brings back to the cave, that’s equity. As an example calculation, if Og takes one handful of berries under such a debt contract and a second handful under such an equity contract, and if he comes back into the cave with, say, 10 handfuls of meat, then he has to give 2 handfuls to the debt holder and 5 handfuls (half of 10) to the equity holder. He is left with 10 – 2 – 5 = 3 handfuls of meat for his dinner. This combination of debt and equity is called his capital structure. Read more »

Maher: New Rules Sarah Palin