Had to answer the phone and forgot I hadn’t spell-checked, sorry.

I can assume you did not like my post of Mr. Hoenigs thoughts?

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ROFLMFAO!!!
I wish I had a ‘lotta kash’

I didn’t think much of Mr. Hoenigs thoughts. Been there, done that. Inishialy I thought your intro: ‘Capitalist Pig J Hoenig…’ was your characterization of him based on his ideas. I was set to do a 1 line reply saying ‘yes, exactly.’ Wow, that would have been….. auckward.

I always like you posting though, a sense of humor is a great virtue in my book and you have that in spades.

I haven’t heard of birkin- merkin came to mind but it took Bron to just put it out there, what’s not to love Someone on this blog used merkin as an entirely correct verb lately- brilliant!

I’m making her buy me a house at the beach when she makes partner before 30 — she’ll graduate at 22 so I won’t have long to wait.
anyway I need that beach house and it doesn’t have to be big, just waterfront so that i can look outside my window to see if the surf if up and not have to rely on internet surf reports
and that 20 minute drive and the existential search for a parking space. There were thunderstorms here on the southern california coast all morning. the waves were all blown out and its supposed to be June which can mimic nuclear winter here most days but I was really looking forward to getting wet.

I’ll buy the bag myself and you are right….the blue croc is mighty fine.

you dont mean merkin do you?

I can assume you did not like my post of Mr. Hoenigs thoughts?

“when my kid graduates law school I am debating on whether to buy myself a fabulous string of south sea island pearls or a birkin. just in case I have any money left.”

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Make that kid buy you the Birkin. I like the one in blue croc leather.

Meanwhile, as Washington systematically slits our throats, they add insult to injury by stabbing the productive class in the back, busily “clamping down” on hedge funds, speculators, any profit-seeking investor on whom they can lay the blame for their own fiscal misdeeds.”
‘Scuse me; corrupt, de-regulated banks and investment houses might be able to cause inflation by knowingly unwise investment and speculation.. oh, wait, they did.

The Gov. is just cleaning up their mess. While the Govt. bailout may be the proximate cause of inflation and debt the fundamental cause is greed-head institutions playing fast and loose with investor money (when they bothered to actually have the money or holdings) to back up their reckless, doomed to fail actions.

Stabbing the productive class in the back? Is that the same class of money men that moved the money around and constructed those bright, shiny new tool like derivatives to super-inflate the worth of their companies even when they had nothing but high hopes for the future as collateral. And did it so they could push billions of $ around to each other in bonus’ and fees? Even when they were at the taxpayers door with their hand out for a loan or gift? That productive class?
LOL.
What a crock. His premise (since he speaks nowhere about regulation) seems to be something along the lines of the best way to get out of this hole is to keep digging, keep encouraging the ‘productive class’ to do what it has done. I’m not happy with the bailout or the corrupt nature of our Congress that even now resists re-regulation but Mr. Hoenig is just flat out crazy.

Letting the banking system crash and starting fresh with the same players/schemes for wealth generation was just not an option. Though I will concede, with the political dithering and failure to adequately address regulation we seem to be going down the SSDD of doing business.
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On topic:
I hope she got a nice pair of Manolo’s to go with that bag. I also hope she gets the therapy she needs, what a waste.

oh, and one more thing… when my kid graduates law school I am debating on whether to buy myself a fabulous string of south sea island pearls or a birkin. just in case I have any money left.

Tell your wife I like her style. and your wife is right, except Hermes has very strict security in their stores — in most you have to be buzzed in and out, and Birkins are on a one-year wait list. at least.
Michael Kors hang from racks at Nordstrom.
and besides, so far Hermes doesn’t have a shop at the outlet mall just yet.

“Whats wrong with opposing public education? Put a little competition into the mix, let people vote with their wallets. Public education is pretty much a monopoly funded by tax payers.”

***************

Then you get Liberty University with its YEC curriculum.

“If you are going to steal a bad shouldn’t it at least be Chanel?”

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My wife tells me that if you must steal it at least make it a Hermes Birkin.

I agree if he is a libertarian he is a fool, I thought he was something else.

Whats wrong with opposing public education? Put a little competition into the mix, let people vote with their wallets. Public education is pretty much a monopoly funded by tax payers.

I agree he is inconsistent by supporting Bush but he figured it was the lesser of 2 wevils.

How ya doing this fine day, in Dallas?

he is not a libertarian. And he has openly and vigorously criticized Bush for TARP.

Actually he is against statism whether from the republican side of the aisle or the democratic side of the aisle.

So if I understand you correctly, if he said a lead ball of 3″ in diameter when dropped from a second story window will fall to the ground you would not believe him because he is a Fox news contributor. Does that sum up your argument?

http://www.huffingtonpost.com/2009/06/02/paul-baldwin-nh-man-arres_n_210618.html

SOMETIMES YOU CAN SEE an accident waiting to happen and there’s nothing you can do but stand there, shield your eyes and cringe. That’s the maddening position American citizens are now in as they prepare for the inevitable inflation that will result from deficit spending, socialist political patronage and the centrally planned economy now taking hold in America.

One need not be an economist to understand inflation. If you started writing checks with no money in your account, they’d throw you in jail. Yet when the government does it,at least for the time being, it’s called “stimulus” and rewarded with high approval ratings, that is, until the bills come due. And they always do.

As we pointed out years back there’s no fundamental difference between a $1 and $50 bill. Both are simply pieces of paper, backed by the future production of Americans. Printing money doesn’t create wealth; it only debases the currency that already exists. Shortly put, there is no free lunch.

When Bernie Madoff stole $50 billion, he harmed thousands of private citizens. But the government’s thievery through inflation is even more brazen and destructive. Middle and lower income individuals are hurt most of all.

The law of supply and demand cannot be conned. And as the supply of money increases, prices rise, and the dollars you and other productive members of society have worked so hard to save decrease in value. This is why $100 billion Zimbabwe dollars, which used to be the equivalent of $100 billion U.S. dollars, now buys only three eggs.

Private citizens and corporations don’t cause inflation; only government has the power to destroy the purchasing power of millions of its citizens without as much as laying a finger on their checking accounts. Make no mistake: The billions lost on bailouts for GM (GM), Chrysler and AIG (AIG) will be paid for by you…whether you want to or not.

Meanwhile, as Washington systematically slits our throats, they add insult to injury by stabbing the productive class in the back, busily “clamping down” on hedge funds, speculators, any profit-seeking investor on whom they can lay the blame for their own fiscal misdeeds.

And while the government is quick to highlight how our money is being spent on feel-good social programs though web sites like Recovery.gov, what we don’t see is the production, productivity and progress not achieved because of the disastrous effects of government theft. Our government outright ownership of General Motors doesn’t give me much hope that trend is poised to reverse anytime soon.