Month October 2007

SWP purges dissidents

The Socialist Workers Party (UK) has purged three high visibility members in a fight ostensibly about whether they should be allowed to hold posts within Respect, the left wing party co-founded by member of parliament George Galloway. But the fight…

Iran War Watch. 10/16/07

Hillary appears to have no problem with a war on Iran, while the rest of her Democratic colleagues continue their usual evasion, pretending to be against it while doing nothing to stop it from happening. The political class in the…

U.S. depressed, go figure

From The Guardian. The land of optimism is in the dumps, but refuses to accept how it got there. They cite three primary reasons for the current malaise in the U.S.. The economy. The war. Loss of faith in the…

Market hackers running out of ammo

From hedge fund manager Bill Fleckenstein My friend believes we’re getting closer and closer to a moment when quants [computer-driven trading not based on fundamentals] no longer rule daily trading, as their universe is losing participants that underperform. The ones…