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Posts Made By:
Tarkus11
Forum:
Off-Topic
November 6th, 2011, 03:53 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
Exactly. As I said, #1 and #2 are ok. It is #3...
Exactly. As I said, #1 and #2 are ok. It is #3 (the most recent addition) that is not.
For the government back-stopped players, it is not transfer of risk. It is transfer of loss.
Forum:
Off-Topic
November 6th, 2011, 09:31 AM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
Since the market is different things to different...
Since the market is different things to different people, it can be all those at the same time. Unfortunately it has been forced to take on an additional characteristic in the last several years.
...
Forum:
Off-Topic
November 5th, 2011, 09:17 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
When I mentioned "entrepreneurial spirit" I was...
When I mentioned "entrepreneurial spirit" I was alluding to the facet of taking responsibility for outcomes based on one's own decisions. An entrepreneur rises or falls on his/her decisions.
...
Forum:
Off-Topic
November 5th, 2011, 02:55 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
One of the reasons for all the irrational noise...
One of the reasons for all the irrational noise is that the people/companies that have the down-side of their action back-stopped by the government are not actually "traders" in the common use of the...
Forum:
Off-Topic
November 4th, 2011, 10:29 AM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
All of that may be true - but think about it from...
All of that may be true - but think about it from the opposite view for a moment.
That means that the system is set up to actually FAVOR large (gov't back-stopped) financial companies creating...
Forum:
Off-Topic
November 3rd, 2011, 10:41 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
One of the problems with OWS is a vagueness in...
One of the problems with OWS is a vagueness in direction.
A trader (without insider info) has to take responsibility for his/her trades - and either succeed or goes bust.
The easiest reply to...
Forum:
Off-Topic
November 1st, 2011, 10:21 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
Everybody wants a simple answer when there is...
Everybody wants a simple answer when there is none. But it doesn't help that the media doesn't discuss the problems honestly or simply panders to the "guest" they have on their show.
For...
Forum:
Off-Topic
October 28th, 2011, 03:17 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
And now MERS gets sued... Delaware AG Beau...
And now MERS gets sued...
Delaware AG Beau Biden Sues MERS | FDL News Desk (http://news.firedoglake.com/2011/10/27/delaware-ag-beau-biden-sues-mers/)
The crux of the problem is if, as in this...
Forum:
Off-Topic
October 28th, 2011, 12:58 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
All true. Clinton repealed the Glass-Steagall...
All true. Clinton repealed the Glass-Steagall Act, and allowed derivatives to be unregulated. The advocates for that, however, were Graham-Leach-Biliey. Everybody has his hand in the pie.
Also,...
Forum:
Off-Topic
October 28th, 2011, 10:10 AM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
I think the OWS may only be about Wall St...
I think the OWS may only be about Wall St peripherally. It may be more about equal justice (of lack of it) under the law. The way the polticians/courts treat robo-signing will be telling. It...
Forum:
Off-Topic
October 27th, 2011, 09:11 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
Here's some background on MERS, and why it is an...
Here's some background on MERS, and why it is an issue in the mortgage mess.
Law Expert: MERS Mess Could Have “a Massive Effect on the Economy” | FDL News Desk...
Forum:
Off-Topic
October 26th, 2011, 11:01 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
I think that is called "being a deadbeat.' ...
I think that is called "being a deadbeat.'
Instead, you could opt for the capitalistic way and call it "Strategic Default", like the Mortgage Bankers Association did.
...
Forum:
Off-Topic
October 26th, 2011, 08:41 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
I think people feel this on a visceral level...
I think people feel this on a visceral level (unfortunately, many don't seem to be able to articulate it). The most disturbing thing IMO was the attempt to coerce 50 state AG's into a $30 billion...
Forum:
Off-Topic
October 19th, 2011, 09:10 AM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
“The highest court in Massachusetts ruled that a...
“The highest court in Massachusetts ruled that a homeowner who bought a foreclosure that hadn’t been properly conducted by the foreclosing bank in 2006 didn’t have legal ownership of the property.
...
Forum:
Off-Topic
October 19th, 2011, 02:17 AM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
In that interview, Taleb says that banks are...
In that interview, Taleb says that banks are projected to extract over $5 trillion from the economy over the next 10 yrs via their salaries and bonuses.
That's a lot of money.
But the big banks...
Forum:
Off-Topic
October 18th, 2011, 08:14 PM
Replies:
261
What is your view on the Occupy Wall Street Protests
Views:
36,951
Posted By
Tarkus11
IMO I think this is at the heart of the anger -...
IMO I think this is at the heart of the anger - that after a derivatives-based fiasco (derivatives not created by Joe Avg) that put us into another Great Depression, there has been no accountability....
Showing results 1 to 16 of 16
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