What the Mohammad Islam Hoax Says About Trading and Liberalism

One of the big stories making the rounds is that ‘trading prodigy’ Mohammad Islam is merely a paper trader and not a multi-millionaire. I concede to falling for the story because the alleged returns as purported by Mohammad, while highly improbable, are not – based…

Peter Boockvar Writes the Stupidest Article Ever?

This plea to the fed to end QE is so stupid it necessitates a response: Peter Boockvar: Dear Federal Reserve He writes: The path ahead will be disruptive but that can no longer be avoided as 6 years of ZIRP and a 5 fold increase…

In Defense of the 2008 Bank Bailouts, Again

Believe it or not, one need not be a liberal to be a supporter the unpopular but necessary bailouts. Republicans voted 133–65 in favor of the bailouts, although no one wants anything to to with it anymore due to the overwhelming unpopularity of the program…

Universal Healthcare Not So Great

Modern, timely healthcare is expensive. Despite what you may read about the virtues of universal healthcare, there are caveats such as long waiting times and poor quality treatment. Cancer survival rates are lower in countries with universal healthcare than in America. Many times, people in…

There’s Plenty of Room at the Bottom

We’re still in the eye of the slowest news cycle in history. From Rolling Stone to Cosby, there are plenty of stories about rape, but those are more like tabloid stories than news. Most people – including many on Reddit and 4chan – know the…

Beyond the Blank Slate: How Libs Turn High-IQ Into a Handicap

With the exception of homosexuality, many on the left adopt a ‘blank slate’ approach to human biology in that upon conception, all individuals have the same potential and that socioeconomic outcomes and cognitive ability are influenced heavily by environmental factors. Therefore, it’s the job of…

The Left is Losing the Culture Wars

Like gravitons leaking from the brane into the bulk, the liberal media is ensconced in an insular ideological bubble adrift from the plane of reality. To understand how the majority of Americans really feel about the issues, go to Reddit and 4chan and you’ll see…

Taxes, Debt, and QE

Megan Ardle writes And as I’ve argued before, deficit-financed government spending is a tax hike. It may not seem like one, but over the long run, that debt has to be paid, one way or another. And the way it will be paid is with…

Most Financial Analysis is Crap

Like the news, most of what is passes for financial advice/analysis is just noise and should be ignored. This is no exception: Comment: The small correction off the overbought high levels was expected and the question is whether it will develop into a short-term correction….

American Exceptionalism & The State of the Labor Market

As Americans gripe about the weak labor market, ‘America being in decline’, and wealth inequality, foreigners cannot get enough of America: How and why buyers from China are snatching up Bay Area homes http://t.co/gZqpLkTpJW — Dali L. Yang (@Dali_Yang) November 30, 2014 Libs awaiting the…