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Forum: Diavlog comments 11-13-2011, 11:51 AM
Replies: 71
Views: 7,548
Posted By Namazu
Re: Fernholz: Hack, Carney: Clueless

This isn't complicated, so let me try again: a company's cost of credit may decouple from the fundamental creditworthiness of the underlying business--if, for example, when push comes to shove,...
Forum: Diavlog comments 11-13-2011, 11:38 AM
Replies: 71
Views: 7,548
Posted By Namazu
Re: Fernholz: Hack, Carney: Clueless

Precisely, although Corzine's political influence need have only been part of their calculation. Again, this is Occam's razor, fixed-income version, and doesn't presupposed any specific knowledge of...
Forum: Diavlog comments 11-13-2011, 02:40 AM
Replies: 71
Views: 7,548
Posted By Namazu
Re: Fernholz: Hack, Carney: Clueless

From a financial markets perspective, Timothy's point was obvious. Forget Corzine and compare Bank of America to smaller, sounder banks which aren't at risk of being sued out of existence. B of A's...
Forum: Diavlog comments 09-13-2011, 11:41 PM
Replies: 196
Views: 22,584
Posted By Namazu
Re: Starting a Panic (David Corn & James Pinkerton)

If David is unwilling to distinguish between lies and ordinary political bullshit, what about Obama's claim that green tech will create "countless jobs" (as if that were desirable), to take but one...
Forum: Diavlog comments 04-29-2011, 07:56 PM
Replies: 283
Views: 33,005
Posted By Namazu
Re: It's the racism, stupid

I see Bob's efforts to wet-nurse some of the commenters to the point of adult dialog have met with mixed success. Brendan: you are beneath contempt and certainly beneath my attention. Goodbye.
Forum: Diavlog comments 04-29-2011, 02:19 PM
Replies: 283
Views: 33,005
Posted By Namazu
Re: It's the birthday, stupid

The failure to give Obama a proper vetting before his election is difficult to rectify now without being accused of bad faith. No good can come of letting a clown like Donald Trump lead the parade....
Forum: Diavlog comments 04-28-2011, 10:25 PM
Replies: 283
Views: 33,005
Posted By Namazu
It's the birthday, stupid

As a late-stage baby boomer, Barack Obama would have likely benefited much more from affirmative action than a black student as little as 5 years younger--the latter having been part of a much...
Forum: Diavlog comments 06-05-2010, 07:17 PM
Replies: 17
Views: 3,344
Posted By Namazu
Re: A Hole in the Ocean (Andrew Revkin & David Roberts)

Oh, please give him credit for the full complexity of his argument. I distinctly heard him say: liberals good and always have right idea; liberals too nice to play politics; liberals should lie more...
Forum: Diavlog comments 04-27-2010, 08:01 AM
Replies: 30
Views: 9,704
Posted By Namazu
Re: These Guys Ain't Suckers (Jesse Eisinger & Mike Konczal)

Agreed, but I think there's a hierarchy of causes. I'd say the principal uber-root cause was declining interest rates: the central bankers sometimes blame the "global savings glut," but I blame...
Forum: Diavlog comments 04-26-2010, 02:18 PM
Replies: 30
Views: 9,704
Posted By Namazu
Re: These Guys Ain't Suckers (Jesse Eisinger & Mike Konczal)

I hope in his article, which I haven't yet read, Jesse addresses a root cause entirely absent from this discussion: synthetic CDOs would never have been created without demand for the higher-grade...
Forum: Diavlog comments 03-10-2010, 11:55 PM
Replies: 96
Views: 30,203
Posted By Namazu
Re: Beyond Nature vs. Nurture (Will Wilkinson & David Shenk)

http://www.jbhifionline.com.au/rkt/MEDIUM/45/12/451275.jpg

Just sayin.'
Forum: Diavlog comments 03-02-2010, 05:20 PM
Replies: 49
Views: 9,926
Posted By Namazu
The elephant in the room

All of these diavlogs are just a bunch of blah blah blah, since they're ignoring the biggest development in American history since the cracking of the Liberty Bell. I speak, of course, of Mickey...
Forum: Apollo diavlog comments 10-02-2009, 12:49 PM
Replies: 179
Views: 31,323
Posted By Namazu
Re: Showtime at the Apollo (nikkibong & PreppyMcPrepperson)

Perhaps the reference to Warhol in the color scheme is only obvious to those above a certain age. Limiting the diavlogs to 15 minutes sharp ought to let more people in on the 'joke.'
Forum: Diavlog comments 09-29-2009, 11:41 PM
Replies: 263
Views: 52,739
Posted By Namazu
Re: Atonement (Robert Wright & Mickey Kaus)

http://www.ritholtz.com/blog/wp-content/uploads/2009/09/duty_calls.png
Forum: Diavlog comments 09-24-2009, 05:52 PM
Replies: 62
Views: 19,506
Posted By Namazu
Re: Less Crime and Less Punishment (Mark Kleiman & Reihan Salam)

I'd be happy to have him say the same things a dozen more times: unlike those in most diavlogs, these are issues society tends to ignore rather than debate. If someone deeply immersed in these...
Forum: Diavlog comments 09-17-2009, 11:58 PM
Replies: 21
Views: 4,651
Posted By Namazu
Re: Removing the Doughnut (Christopher Hayes & Brink Lindsey)

I'm a little shocked to hear Chris make a case for inflation, since it's basically a tax rich people can avoid and poor people can't. The point is academic: inflation isn't a monetary phenomenon,...
Forum: Diavlog comments 09-16-2009, 08:43 PM
Replies: 15
Views: 4,492
Posted By Namazu
Re: Global Trade and Preposterous Pants (Dan Drezner & Reihan Salam)

Poor rural Chinese typically save 40% of their income because they're at the mercy of the harvest and their health, and don't have access to food stamps, housing assistance, the kindness of wealthy...
Forum: Diavlog comments 09-09-2009, 11:42 AM
Replies: 14
Views: 5,199
Posted By Namazu
Re: Worldwise: The Asian Century (Parag Khanna & Ali Wyne)

http://web.stratfor.com/images/GEOPOLITICS%20of%20China%20080615.pdf
Forum: Diavlog comments 09-08-2009, 08:52 PM
Replies: 14
Views: 5,199
Posted By Namazu
Re: Worldwise: The Asian Century (Parag Khanna & Ali Wyne)

Something to consider before the think tanks talk us into wasting as much money worrying about China as we did about the Soviet Union:
...
Forum: Diavlog comments 09-06-2009, 11:29 AM
Replies: 311
Views: 72,482
Posted By Namazu
Re: Science Saturday: Mistakes Were Made (Robert Wright & George Johnson)

I'm certainly in favor of Bob consistently implementing any editorial policy he chooses. However, I doubt any sin committed in a past life justifies accepting this kind of abuse from mainstream...
Forum: Diavlog comments 08-28-2009, 06:51 PM
Replies: 113
Views: 24,772
Posted By Namazu
Re: Thaler

Impossible to know how doctors will actually behave with respect to actual tests, so I don't want to go out on a limb in estimating actual realized savings. I think you're stretching with the granny...
Forum: Diavlog comments 08-27-2009, 11:05 PM
Replies: 113
Views: 24,772
Posted By Namazu
Re: Thaler

Thanks for the links. I didn't find the arguments persuasive, though. A couple of common threads:

- small opportunity from tort reform: actually, a KPMG study claims $210B/yr in defensive...
Forum: Diavlog comments 08-27-2009, 10:37 PM
Replies: 113
Views: 24,772
Posted By Namazu
Re: Retronym Edition (Mark Schmitt & Tim Noah)

Why the health care debate is going South? Easy: the least trusted branch of government, led by one of the most disliked figures in government, writes a thousand-page bill which lacks clarity of...
Forum: Diavlog comments 08-27-2009, 10:24 PM
Replies: 113
Views: 24,772
Posted By Namazu
Re: Retronym Edition (Mark Schmitt & Tim Noah)

Sorry, I'm not a close follower of Tom Delay's career, but did he kill or rape anyone?

http://bloggingheads.tv/diavlogs/22102?in=13:30&out=13:40
Forum: Diavlog comments 08-27-2009, 10:14 PM
Replies: 113
Views: 24,772
Posted By Namazu
Re: Retronym Edition (Mark Schmitt & Tim Noah)

Here's Richard Thaler, Nobel Prize-winning economist and Obama adviser, on the public option:

http://www.nytimes.com/2009/08/16/business/economy/16view.html?_r=1&scp=1&sq=richard%20thaler&st=cse
...
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