Win On Diagonals
El Alto, et cetera

I once saw a documentary on an aging Yiddish Community in Southern California. I saw it for an anthropology class in College. The film itself was half memorable, a fairly interesting account of a moribund community, chock full of entertaining, sometimes engrossing stories from elderly Yiddish speaking people. Well, one quote that has imprinted itself in that…

Yes, it’s a crude topic. It came to me on a drive to the local blockbuster…. Why not assign a sex act to each Major League Baseball team. This would assuredly be a topic that would create quite an umbrage storm, as much as it would delight certain fans (casual or otherwise,) of the old…

“When predators have exhausted the economy, they turn on each other. The result is financial cannibalism. After all, who else is it possible to get money from in today’s negative equity environment? “If the media are missing anything, it’s that the game is over. The financial institutions are taking their money and running. They know…

The financial sector has imposed huge externalities on the rest of society. America’s financial industry polluted the world with toxic mortgages, and, in line with the well established “polluter pays” principle, taxes should be imposed on it. Besides, well-designed taxes on the financial sector might help alleviate problems caused by excessive leverage and banks that…