Welcome to the Ruminations of an Aspiring Renaissance ManI hope you enjoy the social commentary and economic interpretation. Any supporting arguments and constructive criticism are welcome. Please take any investment advise to your personal financial professional (even if he seems to be an idiot), before implementing any investment OPINIONS contained within this blog. Just because I'm a well educated financial professional doesn't mean I'll be right. It doesn't mean I'm wrong either though. Live Long and Prosper :)
Atlas: refers to the objectivist opus of Ayn Rand; “Atlas Shrugged”
Renaissance: the revival of learning and culture.
The mission of the blog is to foster critical thinking of current events in the hope of a new Renaissance and an exit from the New Dark Ages of Corporate Kingdoms and Wage Serfs.
Atlas has shrugged but he is just marshaling his resources for a rebirth.
- @davidfrum @anneapplebaum Some of his handlers have bigger plans that make Cheney look like Chamberlain 4 minutes ago
- @hblodget @bi_politics Polls used by Media to market the horse race and by both parties to keep out a 3rd They know a landslide is coming. 2 hours ago
- The real financial bubble is in Luxury goods. Ironically that will only burst when rich people let some taxes trickle out of their estates. 8 hours ago
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Via Zerohedge: “The Reverse Robin Hood Construct”
It seems the entire global economy has been subverted by the rich robbing from the poor.
It’s been said a sucker is born every minute, but should our economy be based on their victimization?
I can’t see how this won’t end badly.
Just because the iPad will become an iFad isn’t a bad thing. Many people may buy an iPad to look cool or just us it to check email once a week (grandparents??). The reason people buy the iPad will not be important.
I probably won’t get the iPad, though if you have an extra, I’d be happy to take it off your hands. I have, however, started being a little more careless with my iPhone. If my iPhone were to meet an untimely end, I will replace it with the iPad.
The real genius of the iPad is that it is just a blank piece of paper. Any software developer, engineer or backyard inventor can be creative both on the inside, software, and outside, kickstands, cases, etc.
I hate to sound like I drink Apple Koolaide, but some weaknesses critics see in the iPad are intentional concessions to third party developers and accessory companies. Without a robust third party sphere any PC product will stagnate. Plus, Apple loves make licensing fees on accessories they expended zero R & D dollars to create.
Of course, some weaknesses are also Apple underwhelming on the first generation so they can meet the price point and leave room for Wow with the 2G iPad.
But should we care about the stats when our team keeps losing?
“”What we see in the United States and some other economies is a statistical recovery and a human recession.”
Larry Summers, Davos, Jan 30, 2010 (via CNBC)
Plus, he’s actually quite wrong on the stats and also understates the human reality:
Sadly for many, the stock market will eventually reflect reality.
Formally highly liquid, Money Markets to get new withdrawal lockouts just like your favorite hedge fund.
South Park, once again ahead of the curve.
Video below IS work friendly, unless or course, you work at a TBTF Bank.
If you’re worth +10 mil, stop now…nothing to see here…you’ll be just fine.
Worth less, please continue, and buy Gold soon, because the S&P is a mirage and your job might be a mirage too.