Australian vandals!

[Trumplestiltskin 5,791]

Different day, same old $hit.

Same old moan - over and over and over again, like the battery bunny.

[Heracles 417]

Different day, same old $hit.

Same old moan - over and over and over again, like the battery bunny.

Of course. When I see you do it I will catch it out.

I cannot tell who is worse though you or A.J. Clearly two people with a pathetic life outside in the real world. So lets come here on VJ OT and get smart with people we don't know.

Wow what an exciting life.

Edited June 18, 2009 by Constellation

[Krikit 1,166]

Somebody didn't get enough sleep last night.

[Trumplestiltskin 5,791]

I post in OT when I have something legitimate to say. Otherwise I am not on VJ.

Dude - look at your recent post history.

You only popped in to say how corrupt the left-wingers are - in the process trying to deflect a thread about politicians in the UK onto your usual rant about how crappy American cities and how corrupt its politicians (only the left wing ones of course) are.

Lets not get ahead of ourselves - using words like "legitimate". Its no such thing.

[Heracles 417]

I post in OT when I have something legitimate to say. Otherwise I am not on VJ.

Dude - look at your recent post history.

You only popped in to say how corrupt the left-wingers are - in the process trying to deflect a thread about politicians in the UK onto your usual rant about how crappy American cities and how corrupt its politicians (only the left wing ones of course) are.

Lets not get ahead of ourselves - using words like "legitimate". Its no such thing.

Yeah I posted with regards to the topic. I did not jump into a post to criticize a clown like you. Whereas, you jump into a post to rebut posters you don't like. A difference you fail to comprehend.

Actually it is legitimate point and a simple google search on crime ridden cities in America will verify this point.

Edited June 18, 2009 by Constellation

[Trumplestiltskin 5,791]

Different day, same old $hit.

Same old moan - over and over and over again, like the battery bunny.

Of course. When I see you do it I will catch it out.

I cannot tell who is worse though you or A.J. Clearly two people with a pathetic life outside in the real world. So lets come here on VJ OT and get smart with people we don't know.

Wow what an exciting life.

Clearly, Mr Yah - life must indeed be pathetic (because you say so).

As I said - you seem to spend an inordinate amount of time complaining about other people rather than addressing the topic.

Your problem is that you have no sense of humour - even a gentle ribbing is addressed as though it were some sort of vicious, scurrilous personal attack.

Get

Over

Yourself

[Bobby+Umit 161]

I went to Australia once,

Before any immigrants showed up, it was a Happy Place!

They had flowery meadows, and rainbow skies,

and rivers made of chocolate,

where the children danced and and laughed and played with gumdrop smiles....

[Heracles 417]

Clearly, Mr Yah - life must indeed be pathetic (because you say so).

As I said - you seem to spend an inordinate amount of time complaining about other people rather than addressing the topic.

Your problem is that you have no sense of humour - even a gentle ribbing is addressed as though it were some sort of vicious, scurrilous personal attack.

Get

Over

Yourself

I am not the one who camps in these forums daily looking for people to rebut and insult wittily enough to not breach the TOS.

What you post is your business. I certainly do not go looking for your posts. I will look at topic based on the tile. I will only rebut your post if a) it is personally addressing me or it addresses a point a disagree with.

Edited June 18, 2009 by Constellation

[scandal 951]

The only thing that I will agree with a clown like Uscandual is that VJ OT is not a place for serious discussion. The irony is that Uscadual is just as guilty as anymore for contributing to this. It's just amazing to see the people that obviously have no interest in engaging in a discussion post day in day out in these forums.

Seriously, some here clearly have no life. Especially those who claim they are not interested in discussion or debating anything because everyone is an idiot yet are here daily. Posting one liners in pretty much every single thread.

<-- me

Yes, I do act the clown. Why the heck not? It's fun. I am here for the entertainment value. I get a kick out of hanging with my pals on the n00bz thread, my brothers on the Thai threads.

I also post tons of serious #######, when I'm in a serious frame of mind and the thread calls for it. Anyone who sees my postings will attest to that. On the markets. On domestic US politics. On the MidEast and Israel. On abortion. Circumcision. Canada. Relationships. Internet and Technology. I am interested in a range of topics and respect many people on VJ and in my real life that have opinions different than my own. I am quite open to learning new things and having civil conversations. I tried it with you, it obviously doesn't work with you.

Examples? Here's one chosen pretty much at random. An interchange with madame Cleo a few days ago about CDS regulation. She raises some interesting points, I respond with my views and knowledge of the subject matter. I can play this game straight-up. Or I can play it clowning around. I enjoy it both ways. In your case, the only way it's fun is to treat as comic, because you are incapable of doing it any other way.

From what I heard, the problem is that any attempt to regulate will reduce to practically zero the performance of derivatives. Now, that could be propaganda from those selling them...I don't know. The theory is though, that they need to be ultimately tailorable. Anything 'off the shelf' (and therefore able to be regulated) is unsatisfactory.

I'm sure Goldman, UBS and the rest of the investment banks would love for you to believe this. They're content with forming their own clearing house and let the regulators keep their mitts off the little gold mine of CDS trades. But given the explosion at AIG I don't think there's any possible way this can end without regulation.

And besides - this is not just about regulation. It's about centralized clearing and reducing counterparty risk and having sufficient capital reserves. Even the banks recognize they need those kinds of protections hence their backing of ICE.

To your point of "will reduce to zero the performance of derivatives" ...I don't see why a standardized CDS market should "reduce to zero the performance of derivatives".

Look at the options and futures markets. Before 1971 all options were traded OTC and "ultimately tailorable". Skeptics scoffed then at standardized options. Since the introduction of exchange traded options with standard contract sizes, strikes and expirations has been insanely successful for the buy side, sell side and exchanges. Volumes and open interest have skyrocketed and American capitalism benefited. I see no reason why the CDS market can't do the same thing.

Counterparty risk with CDS is huge ... when Lehman blew up that became evident. AIG instantly became largely insolvent due to holding piles of Lehman CDS. The trouble with unregulated CDS is you can doubly, triply, 4X, 5X, infinitely "insure" the same underlying default risk. So Lehman goes bankrupt once, but the multiplier effect is like a Tsunami with everybody short Lehman CDS has to pay up on the same bet. This was not a good thing, to put it mildly.

I think CDS were a very useful financial innovation. They really do help distribute risks to those best able to carry them. We should not throw out the baby with the bath water. There needs to be a way to keep the benefits of CDS while preventing the excesses that came incredibly close to tanking the entire system.

[Trumplestiltskin 5,791]

Clearly, Mr Yah - life must indeed be pathetic (because you say so).

As I said - you seem to spend an inordinate amount of time complaining about other people rather than addressing the topic.

Your problem is that you have no sense of humour - even a gentle ribbing is addressed as though it were some sort of vicious, scurrilous personal attack.

Get

Over

Yourself

I am not the one who camps in these forums daily looking for people to rebut and insult wittily enough to not breach the TOS.

What you post is your business. I certainly do not go looking for your posts. I will look at topic based on the tile. I will only rebut your post if a) it is personally addressing me or it addresses a point a disagree with.

that's a bunch of cack and you know it. You go trolling for a reaction like the best of them - stop trying to act like you're fvcking Snow White.

[Peikko 1,575]

Anyway, back to the topic, I was actually wondering if anyone knew if these graffiti guys were actually artistic or whether that was euphemistic...

Edited June 18, 2009 by Madame Cleo

[scandal 951]

Somebody didn't get enough sleep last night.

I know I sure didn't!

[Trumplestiltskin 5,791]

Anyway, back to the topic, I was actually wondering if anyone knew if these graffiti guys were actually artistic or whether that was euphemistic...

Some graffiti art is amazing - the random letter scrawls not so much.

[scandal 951]

Anyway, back to the topic, I was actually wondering if anyone knew if these graffiti guys were actually artistic or whether that was euphemistic...

Aw, you mean my obvious trolling attempt to embroil you in this tempest in a teacup shall not succeed?

Darn! Foiled again!

[Krikit 1,166]

Seems like the thread has brought about the desired response. Shall we take the repartee to PM or would you like to continue to trade insults publicly?