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August 14, 2011 at 12:09 PM in reply to: OT – Who will run for President on the Republican side? #719167August 14, 2011 at 12:09 PM in reply to: OT – Who will run for President on the Republican side? #719768
DomoArigato
Participant[quote=walterwhite]
I ALWAYS vote for the loser.
[/quote]This is actually a winning strategy. You have fulfilled your patriotic duties but at the same time you’ll always be able to complain about whatever sleazebag happens to slither into office. No one can blame you if the POTUS completely destroys the country. It’s all of the good with none of the inevitable bad.
August 14, 2011 at 12:09 PM in reply to: OT – Who will run for President on the Republican side? #719925DomoArigato
Participant[quote=walterwhite]
I ALWAYS vote for the loser.
[/quote]This is actually a winning strategy. You have fulfilled your patriotic duties but at the same time you’ll always be able to complain about whatever sleazebag happens to slither into office. No one can blame you if the POTUS completely destroys the country. It’s all of the good with none of the inevitable bad.
August 14, 2011 at 12:09 PM in reply to: OT – Who will run for President on the Republican side? #720286DomoArigato
Participant[quote=walterwhite]
I ALWAYS vote for the loser.
[/quote]This is actually a winning strategy. You have fulfilled your patriotic duties but at the same time you’ll always be able to complain about whatever sleazebag happens to slither into office. No one can blame you if the POTUS completely destroys the country. It’s all of the good with none of the inevitable bad.
August 14, 2011 at 11:49 AM in reply to: OT – Who will run for President on the Republican side? #719051DomoArigato
ParticipantIf I were moderating a Republican debate I would ask ‘are you one of those kooks who believes the Earth is only 5,000 years old?’ That should knock about half the field out right there.
As an aside, there are more than a few in this thread lamenting their vote for Ross Perot. You actually didn’t throw your vote away as you probably would have otherwise voted for Bush1. If Bush1 had won the U.S. never would have gotten to experience the Clinton economic miracle. Sometimes throwing a vote away is a good thing.
August 14, 2011 at 11:49 AM in reply to: OT – Who will run for President on the Republican side? #719143DomoArigato
ParticipantIf I were moderating a Republican debate I would ask ‘are you one of those kooks who believes the Earth is only 5,000 years old?’ That should knock about half the field out right there.
As an aside, there are more than a few in this thread lamenting their vote for Ross Perot. You actually didn’t throw your vote away as you probably would have otherwise voted for Bush1. If Bush1 had won the U.S. never would have gotten to experience the Clinton economic miracle. Sometimes throwing a vote away is a good thing.
August 14, 2011 at 11:49 AM in reply to: OT – Who will run for President on the Republican side? #719743DomoArigato
ParticipantIf I were moderating a Republican debate I would ask ‘are you one of those kooks who believes the Earth is only 5,000 years old?’ That should knock about half the field out right there.
As an aside, there are more than a few in this thread lamenting their vote for Ross Perot. You actually didn’t throw your vote away as you probably would have otherwise voted for Bush1. If Bush1 had won the U.S. never would have gotten to experience the Clinton economic miracle. Sometimes throwing a vote away is a good thing.
August 14, 2011 at 11:49 AM in reply to: OT – Who will run for President on the Republican side? #719900DomoArigato
ParticipantIf I were moderating a Republican debate I would ask ‘are you one of those kooks who believes the Earth is only 5,000 years old?’ That should knock about half the field out right there.
As an aside, there are more than a few in this thread lamenting their vote for Ross Perot. You actually didn’t throw your vote away as you probably would have otherwise voted for Bush1. If Bush1 had won the U.S. never would have gotten to experience the Clinton economic miracle. Sometimes throwing a vote away is a good thing.
August 14, 2011 at 11:49 AM in reply to: OT – Who will run for President on the Republican side? #720261DomoArigato
ParticipantIf I were moderating a Republican debate I would ask ‘are you one of those kooks who believes the Earth is only 5,000 years old?’ That should knock about half the field out right there.
As an aside, there are more than a few in this thread lamenting their vote for Ross Perot. You actually didn’t throw your vote away as you probably would have otherwise voted for Bush1. If Bush1 had won the U.S. never would have gotten to experience the Clinton economic miracle. Sometimes throwing a vote away is a good thing.
DomoArigato
ParticipantAnd what’s the record of those forecasting the coming Zombie Apocalypse of the Invisible Bond Vigilantes you might ask? 0 wins, 1082 consecutive losses
http://www.angrybearblog.com/2009/11/photographing-phantom-invisible-bond.html
The phantom invisible bond vigilantes are not a new phenomenon. Consider Blue Chip Forecasts TM an organization which aggregates forecasts of, among other things, rates on Treasury bonds.
Usually there are some forecasters who predict that long term US interest rates will spike in the near future. There isn’t one such chicken little in the blue chip TM sample every month, but there is most months.
The interesting thing is that, so far, they have always been wrong. In an article forthcoming in The Journal of Forecasting Nazaria Solferino and I show that is it is possible to use a very simple formula to identify 1082 forecasts of US 30 year interest rates which are too high without one single solitary error so far. That’s a record of 1082 to zero (so far). The vast majority of the forecasters in the sample made such an incorrect prediction of a long term interest rate spike at least once. See
http://ideas.repec.org/p/rtv/ceisrp/135.htmlThere is no such fat tail of always wrong bond doves and almost no such 100% (so far) identifiable errors in forecasts of short and medium term interest rates.
Basically, phantom bond vigilantes are always with us. Almost always someone is convinced that the US is heading to high sustained inflation and that everyone else will agree a few months from now. It is an astounding feature of forecast data.
DomoArigato
ParticipantAnd what’s the record of those forecasting the coming Zombie Apocalypse of the Invisible Bond Vigilantes you might ask? 0 wins, 1082 consecutive losses
http://www.angrybearblog.com/2009/11/photographing-phantom-invisible-bond.html
The phantom invisible bond vigilantes are not a new phenomenon. Consider Blue Chip Forecasts TM an organization which aggregates forecasts of, among other things, rates on Treasury bonds.
Usually there are some forecasters who predict that long term US interest rates will spike in the near future. There isn’t one such chicken little in the blue chip TM sample every month, but there is most months.
The interesting thing is that, so far, they have always been wrong. In an article forthcoming in The Journal of Forecasting Nazaria Solferino and I show that is it is possible to use a very simple formula to identify 1082 forecasts of US 30 year interest rates which are too high without one single solitary error so far. That’s a record of 1082 to zero (so far). The vast majority of the forecasters in the sample made such an incorrect prediction of a long term interest rate spike at least once. See
http://ideas.repec.org/p/rtv/ceisrp/135.htmlThere is no such fat tail of always wrong bond doves and almost no such 100% (so far) identifiable errors in forecasts of short and medium term interest rates.
Basically, phantom bond vigilantes are always with us. Almost always someone is convinced that the US is heading to high sustained inflation and that everyone else will agree a few months from now. It is an astounding feature of forecast data.
DomoArigato
ParticipantAnd what’s the record of those forecasting the coming Zombie Apocalypse of the Invisible Bond Vigilantes you might ask? 0 wins, 1082 consecutive losses
http://www.angrybearblog.com/2009/11/photographing-phantom-invisible-bond.html
The phantom invisible bond vigilantes are not a new phenomenon. Consider Blue Chip Forecasts TM an organization which aggregates forecasts of, among other things, rates on Treasury bonds.
Usually there are some forecasters who predict that long term US interest rates will spike in the near future. There isn’t one such chicken little in the blue chip TM sample every month, but there is most months.
The interesting thing is that, so far, they have always been wrong. In an article forthcoming in The Journal of Forecasting Nazaria Solferino and I show that is it is possible to use a very simple formula to identify 1082 forecasts of US 30 year interest rates which are too high without one single solitary error so far. That’s a record of 1082 to zero (so far). The vast majority of the forecasters in the sample made such an incorrect prediction of a long term interest rate spike at least once. See
http://ideas.repec.org/p/rtv/ceisrp/135.htmlThere is no such fat tail of always wrong bond doves and almost no such 100% (so far) identifiable errors in forecasts of short and medium term interest rates.
Basically, phantom bond vigilantes are always with us. Almost always someone is convinced that the US is heading to high sustained inflation and that everyone else will agree a few months from now. It is an astounding feature of forecast data.
DomoArigato
ParticipantAnd what’s the record of those forecasting the coming Zombie Apocalypse of the Invisible Bond Vigilantes you might ask? 0 wins, 1082 consecutive losses
http://www.angrybearblog.com/2009/11/photographing-phantom-invisible-bond.html
The phantom invisible bond vigilantes are not a new phenomenon. Consider Blue Chip Forecasts TM an organization which aggregates forecasts of, among other things, rates on Treasury bonds.
Usually there are some forecasters who predict that long term US interest rates will spike in the near future. There isn’t one such chicken little in the blue chip TM sample every month, but there is most months.
The interesting thing is that, so far, they have always been wrong. In an article forthcoming in The Journal of Forecasting Nazaria Solferino and I show that is it is possible to use a very simple formula to identify 1082 forecasts of US 30 year interest rates which are too high without one single solitary error so far. That’s a record of 1082 to zero (so far). The vast majority of the forecasters in the sample made such an incorrect prediction of a long term interest rate spike at least once. See
http://ideas.repec.org/p/rtv/ceisrp/135.htmlThere is no such fat tail of always wrong bond doves and almost no such 100% (so far) identifiable errors in forecasts of short and medium term interest rates.
Basically, phantom bond vigilantes are always with us. Almost always someone is convinced that the US is heading to high sustained inflation and that everyone else will agree a few months from now. It is an astounding feature of forecast data.
DomoArigato
ParticipantAnd what’s the record of those forecasting the coming Zombie Apocalypse of the Invisible Bond Vigilantes you might ask? 0 wins, 1082 consecutive losses
http://www.angrybearblog.com/2009/11/photographing-phantom-invisible-bond.html
The phantom invisible bond vigilantes are not a new phenomenon. Consider Blue Chip Forecasts TM an organization which aggregates forecasts of, among other things, rates on Treasury bonds.
Usually there are some forecasters who predict that long term US interest rates will spike in the near future. There isn’t one such chicken little in the blue chip TM sample every month, but there is most months.
The interesting thing is that, so far, they have always been wrong. In an article forthcoming in The Journal of Forecasting Nazaria Solferino and I show that is it is possible to use a very simple formula to identify 1082 forecasts of US 30 year interest rates which are too high without one single solitary error so far. That’s a record of 1082 to zero (so far). The vast majority of the forecasters in the sample made such an incorrect prediction of a long term interest rate spike at least once. See
http://ideas.repec.org/p/rtv/ceisrp/135.htmlThere is no such fat tail of always wrong bond doves and almost no such 100% (so far) identifiable errors in forecasts of short and medium term interest rates.
Basically, phantom bond vigilantes are always with us. Almost always someone is convinced that the US is heading to high sustained inflation and that everyone else will agree a few months from now. It is an astounding feature of forecast data.
DomoArigato
ParticipantThe U.S. Postal Service is considering 120,000 job cuts:
http://www.npr.org/blogs/thetwo-way/2011/08/12/139573549/postal-service-considering-120-000-job-cuts
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