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Sunday, April 18, 2010

The Magnetar Trade: How One Hedge Fund Helped Keep the Bubble Going (Single Page) from

Worth the read for anyone who wants to understand what happened to cause the economic crash from inside the complex world of collateralized debt obligations, credit default swaps, and individual bankers, CDO managers, and hedge funds.

If you prefer listening to the story, you can stream it or download the an MP3 file from

Wednesday, April 7, 2010

Wake up GOP and Conservatives and Quit Being Idiot Tea-Baggers!

Don't let the title fool you.

Only 28% of U.S. adults admit to being tea-baggers. 26% oppose. 38% neither support nor oppose. 8% don't give a f***.

49% of tea-baggers identify themselves as GOP compared to.....
...... a whopping 28% of all U.S. adults who are willing to admit that they are Republicans.

72% of all U.S. adults are either Independent (40%) or Dems (32%).

Here's a shocker....
70% of tea-baggers say they are Conservative but only 40% of U.S. adults say so. 59% of U.S. adults are either Moderate (38%) or Liberal (21%).

And look, another huge surprise....
19% of tea-baggers earn less than $30K a year
...... 55% make more than $50K

More surprises....
62% of Republicans and 63% of Conservatives have a favorable opinion of tea-baggers, but......
More National Adults overall(40% v 37%), Independents (41% v 37%), and Moderates (51% v 24%) have an UNFAVORABLE opinion compared to a favorable one.

Wake up you Republicans and Conservatives before you disappear completely into the cultural oblivion and societal garbage heap which is most certainly the final destination of Queen Tea Bag and her moronic movement.