[blue_sky]

“Yet you cite references from the Internet yourself.”

All right, I recommend you pull the court’s ruling yourself, here’s the relevant case: U.S. v. Thomas, 788 F.2d 1250 (7th Cir. 1986), cert. den. 107 S.Ct. 187 (1986).

Or, if that’s too much work, how about reading page 46 of the St. Louis Bar Journal, Vol 53, No. 1. Also available on the internet for your convenience, though I’m sure you can get your local library to dig up a copy in case you have reason to believe this is a forgery:

http://www.bamsl.org/members/barjournal/summer%2006.pdf

You can also find a rundown of all of this from the IRS, who has to deal with this bullshit daily and references to all the relevant case law:

http://www.irs.gov/taxpros/article/0,,id=159932,00.html

“So it’s not as though these statements are being made by a bunch of kooks.”

Compare the images at 0:40 in your video with this lawsuit: http://www.usdoj.gov/tax/txdv04752.htm .

[blue_sky]

News flash: not everything on the internet is true.

Go get an attorney’s opinion
http://evans-legal.com/dan/tpfaq.html

In particular:
http://evans-legal.com/dan/tpfaq.html#ratification

and
http://evans-legal.com/dan/tpfaq.html#constitutional

[blue_sky]

News flash: not everything on the internet is true.

Go get an attorney’s opinion
http://evans-legal.com/dan/tpfaq.html

In particular:
http://evans-legal.com/dan/tpfaq.html#ratification

and
http://evans-legal.com/dan/tpfaq.html#constitutional

[blue_sky]

Not according to the article itself:

“One view is that it hurts sellers, another is that it helps buyers.”

What boggles my mind is that given that buyers are scarce, why are the things that help them being removed / hidden?

[blue_sky]

Not according to the article itself:

“One view is that it hurts sellers, another is that it helps buyers.”

What boggles my mind is that given that buyers are scarce, why are the things that help them being removed / hidden?

[blue_sky]

That’s desperation, period.

[blue_sky]

That’s desperation, period.

[blue_sky]

“I tried to rationalize bond market and understanding why would someone put their money in long term treasury when it pays less than short term while dollar is depreciating like Titanic.”

Some market participants don’t care. For example, let’s say I go to an insurance company and buy an annuity. They then take that money and put it into long term bonds and make a spread between what I agreed to accept an what they are earning in the bond market. They don’t care about currency fluctuations since they aren’t converting out of USD when they pay me back. They also don’t care too much about how much more they could be making in a riskier asset such as stocks because they have committed to a fixed payout. If their investments come up short it hurts a lot.

This is called duration matching and it’s a really big part of why wall street securitizes mortgages the way they do (basically the demand from insurance and pension funds for AAA rated long term debt, coupled with the low supply of actual AAA rated long term debt. This creates a price gap that you can make money on if you can come up with a way to create AAA debt out of other things)

[blue_sky]

“I tried to rationalize bond market and understanding why would someone put their money in long term treasury when it pays less than short term while dollar is depreciating like Titanic.”

Some market participants don’t care. For example, let’s say I go to an insurance company and buy an annuity. They then take that money and put it into long term bonds and make a spread between what I agreed to accept an what they are earning in the bond market. They don’t care about currency fluctuations since they aren’t converting out of USD when they pay me back. They also don’t care too much about how much more they could be making in a riskier asset such as stocks because they have committed to a fixed payout. If their investments come up short it hurts a lot.

This is called duration matching and it’s a really big part of why wall street securitizes mortgages the way they do (basically the demand from insurance and pension funds for AAA rated long term debt, coupled with the low supply of actual AAA rated long term debt. This creates a price gap that you can make money on if you can come up with a way to create AAA debt out of other things)

[blue_sky]

No matter what the duration of the note the interest rate is quoted annualized. If you buy a $1,000 6 month note at 5% interest you’re going to get back $1,025 after 6 months, not $1,050.

[blue_sky]

No matter what the duration of the note the interest rate is quoted annualized. If you buy a $1,000 6 month note at 5% interest you’re going to get back $1,025 after 6 months, not $1,050.

[blue_sky]

Very briefly: the market.

More broadly: the market’s estimate of inflation over the period of the note combined with the current risk premium over treasuries demanded by the market, minus whatever cut the issuing bank thinks they can get away with taking from you.

[blue_sky]

Very briefly: the market.

More broadly: the market’s estimate of inflation over the period of the note combined with the current risk premium over treasuries demanded by the market, minus whatever cut the issuing bank thinks they can get away with taking from you.

[blue_sky]

You should go read up on Warren Buffet, his primary line of business is insurance. Hardly lacking scruples though.

You sound like my Dad. He doesn’t understand insurance either, so he just gets mad.

[blue_sky]

You should go read up on Warren Buffet, his primary line of business is insurance. Hardly lacking scruples though.

You sound like my Dad. He doesn’t understand insurance either, so he just gets mad.

[Author]

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