Do not use dishonest standards when measuring length, weight or quantity. Use honest scales and honest weights, an honest [dry measure] and an honest [liquid measure].--Leviticus 19:35-36
The worry is that if the government cannot or will not extricate itself from Fannie and Freddie, it will face similar problems should it eventually nationalize some large banks.--Charles Duhigg
Americans have welcomed the Obama era in the same spirit of hope the President campaigned on. But after five weeks in office, it's become clear that Mr. Obama's policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to squandering scarce national public resources, Team Obama is creating more uncertainty and less confidence -- and thus a longer period of recession or subpar growth.--WSJ Editorial Board
My Intrade account is up to $54,024, a gain of 108,000% from my initial $50 in fall of 2007, and up 32% from last month's total.--Jesse Livermore
Ooh, I wouldn't mind having that iPhone.--Melinda Gates
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Tuesday, March 03, 2009
Quotes of the day
Labels:
banking,
economic policy,
Intrade,
markets,
quotes,
unintended consequences
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