Cowards have no business making hard choices. They are psychologically, physiologically and spiritually deficient, and cannot (are incapable) of making the right choice. They are not built for it — because they are cowards. Furthermore, they are so afraid, they will not allow those with courage to make the right choice for them. Cowardliness is rampant in the West and epidemic in the Western financial | Read More »
From Fortune: * Obama started his Presidency with a +44 approval rating, it is now at -2.5. * When Obama was elected, the Dems in Congress were at +14 in the Generic Ballot. Now the GOP is at +8, a -22 point swing for the Dems. * The latest Gallup poll shows voter enthusiasm for the Dems is at 30% whereas the GOP voter enthusiasm | Read More »
The politics of passing health care reform are exactly opposite in the Democratic controlled U.S. House and U.S. Senate. 1) In the House, Speaker Pelosi, staying true to her San Francisco Democratic roots will not pass health reform without a public option — and she has a recent letter signed by 83 of her Dem House colleagues from the Progressive Caucus, telling the President that | Read More »
The complete market failure to accurately assess the mounting system-wide financial risk being assumed by the private sector, while the market simultaneously assumed an uninterrupted rise in buying power and real estate values, feels like one big Groupthink-based-failure. Groupthink-encouraged-Wall-Street-adopted-bad quantum math equals a really big problem. So consider this the anti-Groupthink muse of outcomes to our financial crisis, and let’s start with a seemingly unrelated | Read More »
![[RS]](/t/img/logo-footer.jpg){kind=logo}