tag:blogger.com,1999:blog-7806136543904112143.post4420336106289196806..comments2023-10-30T09:23:42.803-05:00Comments on Some Assembly Required: SAR #9160Charles Kingsley Michaelson, IIIhttp://www.blogger.com/profile/04364694465614330540noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7806136543904112143.post-57812006620149592772009-06-09T12:44:35.158-05:002009-06-09T12:44:35.158-05:00On your point about the ecology of airlines - one ...On your point about the ecology of airlines - one has to ask things like "cui bono" or "who is the money coming from and going to" - <br /><br />of course the pilots get off on flying planes, and the flight attendants like going all over the world and having wild sex with lots of different people, and the passengers want to go from point A to point B - <br /><br />but what's floating the boat of the people who are paying for it?<br /><br />To quote Bob Dylan, "something's going on, but you don't know what it is, do you, Mr. Jones?" [Ballad of a Thin Man - as he himself was in those days]<br /><br />And speaking of not knowing what's going on, earlier today I saw a blogger pointing to a particular paragraph from Michael Lewis's article "The End", dated Nov. 11, 2008, in Portfolio:<br /><br />>>[Steve] Eisman had long subscribed to Grant’s Interest Rate Observer, a newsletter famous in Wall Street circles and obscure outside them. Jim Grant, its editor, had been prophesying doom ever since the great debt cycle began, in the mid-1980s. In late 2006, he decided to investigate these things called C.D.O.’s. Or rather, he had asked his young assistant, Dan Gertner, a chemical engineer with an M.B.A., to see if he could understand them. Gertner went off with the documents that purported to explain C.D.O.’s to potential investors and for several days sweated and groaned and heaved and suffered. “Then he came back,” says Grant, “and said, ‘I can’t figure this thing out.’ And I said, ‘I think we have our story.’ ”<<mistah charley, ph.d.http://mistahcharley.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-32238421302703000302009-06-09T10:47:08.353-05:002009-06-09T10:47:08.353-05:00Re: Overpopulation - Jellyfish...
But are they go...Re: Overpopulation - Jellyfish...<br /><br />But are they good on toast?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-29059557677599318762009-06-09T10:43:57.486-05:002009-06-09T10:43:57.486-05:00Re: Definitions - What does 'jump' mean?
...Re: Definitions - What does 'jump' mean?<br /><br />1.32% credit card 90-days delinquent is a meaningless number, as most banks already will have charged off a credit card account after 90 days past due, then pursue aggressive collections. Which is why Citi, and AmEx and Cap One now are posting 10%+ credit card charge-off rates, and why Advanta, with a 20%+ charge-off rate, simply stopped new credit card charges and advances completely last week for a million cardholders. (But they are supposed to keep paying the balances, as agreed, usually at 36% interest rates.)<br /><br />Now where were those green shoots? I just saw them around here somewhere...Keith Hazelton Anecdotal Economisthttps://www.blogger.com/profile/09366240863122030488noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-348008130386474892009-06-09T09:08:15.160-05:002009-06-09T09:08:15.160-05:00Overpop- I saw the Nova episode about jellyfish, t...Overpop- I saw the Nova episode about jellyfish, those big ones are really disgusting. The tiny ones are the most deadly though, so go figure.tulsatimenoreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-11902240832346203082009-06-09T08:19:36.658-05:002009-06-09T08:19:36.658-05:00RE: Model Behavior
That's right! Only climat...RE: Model Behavior<br /><br />That's right! Only climate warming computer models are correct.<br /><br />RBMAnonymousnoreply@blogger.com