I still laugh at when a friend of mine first emigrated from the UK and opened a bank account and saw the big sign, "Open your IRA account here!"
Say, you know, if we were L.A., half of this town would be on fire by now. But at least the fireworks and the car horns are still blasting everywhere...
Say, you know, if we were L.A., half of this town would be on fire by now. But at least the fireworks and the car horns are still blasting everywhere...
He's a massive prick, and he's right mostly. But he's a prick to the establishment, both in government and in the banking world, so I think he's great.
Because he's right about the banks and economics in general. He says the large banks should eat their losses, even if it makes us incur a recession, but that is the correct policy. They call him a speculator and that his presence hurts banks and economies, but he has to put up the risk to speculate. So in short, his ideas are correct and he dislikes the big banks getting bailouts because it destroys the economy.
He's a massive prick, and he's right mostly. But he's a prick to the establishment, both in government and in the banking world, so I think he's great.