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Master of Universe

Mortgages Could Never Sport a Negative Yield, Right? (Right??) — or, “Buy High . . Sell Even Higher”

Making the Mattress Look Good “Investors are willing to lose a little to make sure they don’t lose a lot.” –“Accentuate the Negative”; The Economist (1/24/2015) Could today’s already infinitesimal interest rates ever actually fall below zero, to the point where mortgages sport negative interest rates? My knee jerk reaction is, “Of course not!  That...
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Behold! Matt Taibbi’s “Archipelago Man”

Successor to Thomas Wolfe’s “Master of the Universe” Once upon a time, human beings were lowly Neanderthals. Gradually, Neanderthals evolved into Cro-Magnons, and from there into Homo Sapiens. What is mankind’s next (d)evolutionary step? According to muckraking journalist (and amateur anthropologist) Matt Taibbi, it is “Archipelago Man,” as personified by none other than Mitt Romney. Archipelago Man in...
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