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Thursday, September 25
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Unusual Suspects, end of day, Thursday, September 25
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This ad was judged "immoral" by the Moscow
Committee for Advertising and Information. I think that foreigners who hold dollar-denominated assets see it as an accurate depiction
of reality. ;-)
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Should've Listened to the Wife, Lesson #4,356,456.
(EK is tomorrow's Trading for Dummies lesson.)
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David Moore writes about his condo buying and selling experience in the San Diego area:
"I had purchased the condo hoping not to lose money on it and here I am, three years later, having netted almost $100,000
on the unit after commissions and expenses. Do I feel smarter for the experience? Not a whit. Do I feel lucky? Unequivocally so."
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Peter Foster takes Paul
Krugman to task:
"[Krugman] is an expert at pressing emotional buttons -- mainly envy and primitive collectivism -- and pretending that he's
talking economics.... Mr. Krugman is peddling the old populist claptrap that anybody who wants alternative arrangements to
these socialized millstones is mean-spirited, and wants to deprive children of education, and old people of care and medication. ...
The problem is that we have come so far from a society of comprehensive voluntary arrangements to protect against unemployment
and illness that most people are unaware that they ever existed."
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