Tuesday, November 30, 2004

Co-Optation for Peace

Maybe we could co opt the islamofacist agenda. Say we begin with 4$/gallon gas that contains an additional $1.5 in state and federal tax, tailored/incentivised to reduce deficits and fund entitlement programs Simultaneously, disarm the grand instigator, Israel, of her nukes. Remove, in a flash, the raison-d-etre of the mullah's and sheikh's need to go nuclear. Likely you'd see less gas consumption, more outsourcing, more globalization, morbetter air, morbetter information technologies. Ayman and Osama and their friends die miserable deaths in this example. Same treatment for that small percentage ofIsraelites who will never make peace, they must be exterminated because it is in the interest of peace...killing the israelofacists is just as necessary as killing the islamofacists. Tell that to cBS. Isn't it in the interest of peace to bring Israel to the UN along with Iran. certainly that approach seems to be less costly in terms of lives lost. As long as we don't see the need to bring Israel to heel in a nuclear free zone we will never constrain those wacky mullahs.

Monday, November 15, 2004

Outcome Based Management

Also known as smoothing. FNM records 9 Billion loss that was previously hidden. FRE records 5 Billion in gains also previously hidden.

We can see that as a result of a major circle jerk in mortgage-backed derivatives that FNM has BLOWN 4 Billion (9-5).

Does that = Musical Chairs over? Is it time to rip the guts out of bonds? Suggest the prudent investor start with U$D bonds.