Courtesy of Benign Brodwicz’s The Animal Spirits Page
by ilene - November 19th, 2009 6:29 pm
Courtesy of Benign Brodwicz’s The Animal Spirits Page
|The Colbert Report||Mon – Thurs 11:30pm / 10:30c|
|The Word – Rand Illusion|
Andrew Corsello’s The Bitch is Back article from GQ on the boorish subject of Ayn Rand Assholes is probably the best takedown of Ayn Rand’s followers (and Alan Greenspan and Wall Street) I’ve yet seen and certainly the funniest (other than Stephen Colbert’s). It was about time for an article like this to appear and I am glad it was Corsello who wrote it.
I myself became an unabashed Ayn Rand fanatic when I was in 7th or 8th grade. I’d been reading the works of Victor Hugo and so I was totally primed for discovering another “Romantic” (note capital “r”) writer like Ayn Rand next, but it wasn’t via her well-known fiction that I discovered the Russian-born novelist and philosopher, but rather a more obscure volume called Introduction to Objectivist Epistemology, which I read extremely slowly so I could take in the complexity of the thought. It’s a very dry, technical book, but made a huge impression on me (more on this below,…
by ilene - October 30th, 2009 8:23 pm
I’ve not read anything by Andrew Corsello before, but his evisceration of Ayn Rand in GQ magazine is a thing of caustic, vicious and snark-filled beauty.
I did my share of battle with the Rand Cult earlier this fall when I interviewed her Ghost to discuss capitalism’s share of blame for the credit crisis. Corsello never meets her ghost, but speaks to quite a few of her acolytes in his piece.
I’m adding Andrew Corsello to my list of writers to keep up with.
goddamn, the experience of being 19 years old and reading Ayn Rand! The crystal-shivering-at-the-breaking-pitch intensity of it! Not just for that 19-year-old, but for everybody unfortunate enough to be caught in his psychic blast radius. Is “experience” even the right word for The Fountainhead and Atlas Shrugged? Ayn Rand’s idolization of Mickey Spillane and cigarettes and capitalism—an experience? Her tentacular contempt for Shakespeare and Beethoven and Karl Marx and facial hair and government and “subnormal” children and the poor and the Baby Jesus and the U.N. and homosexuals and “simpering” social workers and French Impressionism and a thousand other things the flesh is heir to: experience?
Read the rest:
August 26th, 2016 2:00 am
Huky Guru on Guru’s Blog posted a chart that answers the question: How Long Will it Take For the ECB to Own All Sovereign Debt of Eurozone Countries?
August 26th, 2016 1:38 am
Financial Markets and Economy
The foundations of Turkey’s agreement with the European Union to curb the flow of migrants into Greece are looking increasingly shaky.
Asian stocks fell, led by shares in Japan, as investors showed a reluctance to take on risk before Federal Reserve Chair Janet Yellen’s speech later Friday.
August 25th, 2016 10:10 pm
Courtesy of Mish.
Ahead of the advance (first) report of 2nd quarter GDP, Markit Chief economist Chris Williamson estimated second quarter at 1.0%.
The reported result was 1.1% and it’s likely to be downgraded tomorrow in the second estimate coming up tomorrow.
Today, Williamson forecasts “just under 1.0%” for the third quarter.
Service Sector Slowdown Intact
Williamson’s third quarter estimate comes in a comment to today’s Markit Flash U.S. Services PMI™ report that shows Service sector growth remains sluggish in August.
Weakest rise in...
August 25th, 2016 8:17 pm
By insidesources. Originally published at ValueWalk.
Lawmakers and activists have often touted the minimum wage as a way to address poverty, but one tax break could provide an alternative that is less economically risky.Photo by WageIndicator.org – Pictures from Paulien Osse and
The Earned Income Tax Credit (EITC) is a tax break aimed specifically at lower income households. It helps the working poor by allowing them to keep more of their paycheck when paying income tax. Some experts note the policy could help the poor while avoiding many of the economic shortfalls that the minimum wa...
August 25th, 2016 4:54 pm
Courtesy of Doug Short's Advisor Perspectives.Equity markets around the globe posted losses today, rather minor ones in the US. Our benchmark S&P 500 spent the day in a narrow range between its 0.16% late morning high to its -0.26% intraday low at the beginning of the final hour of trading. It trimmed about half the loss to close at -0.14% for the day. Today's trading range was at the 9th percentile of the 164 market day so far in 2016. Volume was on the light side in advance of the final day of the Jackson Hole event, with Fed Chair Yellen in the spotlight tomorrow morning.
The yield on the 10-year note closed at at 1.58%, up two basis points from the previous close.
Here is a snapshot of past five sessions in the S&P 500.
Here is daily chart of index. We see th...
August 25th, 2016 8:54 am
Courtesy of Chris Kimble.
Gold mining stocks have had a great year 2016. From the lows, GDX is up over 100%, remaining inside of a steep rising channel. The rising channel GDX has been in during this historic sharp rally, could be breaking.
CLICK ON CHART TO ENLARGE
GDX has remained inside of the blue rising channel for the majority of 2016. This channel has contained a 100% rally in the past few months.
The rally took GDX up to an unfilled GAP, just below its 38% Fibonacci retrac...
August 25th, 2016 12:00 am
Courtesy of Benzinga.Related ASC Deutsche Reiterates Scorpio Tankers As Top Pick After 'One Of The Most Bullish' Conference Calls They've 'Heard In Over A Year' ...
August 22nd, 2016 1:15 pm
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
Epizyme was founded in 2007, and trying to create drugs to treat patient's cancer by focusing on genetically-linked differences between normal and cancer cells. Cancer areas of focus include leukemia, Non-Hodgkin's lymphoma and breast cancer. One of the Epizme cofounders, H. Robert Horvitz, won the Nobel Prize in Medicine in 2002 for "discoveries concerning genetic regulation of organ development and programmed cell death."
Before discussing the drug targets of Epizyme, understanding epigenetics is crucial to comprehend the company's goals.
Genetic components are the DNA sequences that are 'inherited.' Some of these genes are stronger than others in their expression (e.g., eye color). Yet, some genes turn on or off due to external factors (environmental), and it is und...
August 22nd, 2016 9:46 am
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This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).
We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options.
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August 19th, 2016 11:17 am
Man Who Introduced Millions to Bitcoin Says Blockchain Is a Bust
Stefan Thomas, who introduced millions of people to bitcoin, has had a change of heart.
Blockchain, the ledger software that makes the digital currency possible...
July 27th, 2016 1:08 pm
Looks like we are down to about 10 companies for our consumer goods:
Just like banks, airlines and cable companies!
The Illusion of Choice in Consumer Brands
Explore the full-size version of the above graphic in all its glory.
If today’s infographic looks familiar, that’s because it originates from a well-circulated report that Oxfam International puts together to show consolidation i...
May 13th, 2016 2:40 pm
Reminder: Harlan is available to chat with Members, comments are found below each post.
December 15th, 2015 2:15 pm
We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more!
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May 22nd, 2014 5:03 pm
"Hello PSW Members –
This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible. Feel free to contact me directly at email@example.com with any questions.
Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts. After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.) Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.
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