Vdsat.com

I just read this piece from Rasmussen and I am outraged about how stupid people are.
85% of Adults Are Concerned About Inflation; 38% Fear Raising Interest
Eighty-five percent (85%) of adults are at least somewhat concerned about inflation these days, according to the latest Rasmussen Reports national telephone survey.
This number is virtually identical to the findings [...]

I registered vdsat.com exactly two years ago. The site was up a week later.

On Tuesday I blogged that New Orleans had a chance of getting hit by Gustav.
If Gustav breaks to the east of the majority of projections, New Orleans is going to get hit straight on.

Check for updates
Let me get one thing straight about this hurricane. It is the Republicans jumping for joy about this hurricane, not [...]

Sarah Palin?
Who dat?
Goes to Wikipedia, types in Sarah Palin.
Governor of Alaska?
Took office in December 2006?
Age 44?
Naw, you can’t be serious.
Naw.
Naw.
Duuuddddeeeee.
The heck?
Naw, you’ve got to be kidding me.
McCain’s VP pick?
Naw.
Wha?
Naw.
Naw, he didn’t just do that.
Yes he did.
Wow, McCain just blew it.
Okay this is pure comedy.
HAHAHAHAHAHAHAHAHAHAHAHAHA.
You have to understand something. When VP picks are announced, there are [...]

Sold 2 QQQQ Sept 51 puts for $4.88 each.
Had gotten 4 QQQQ Sept 51 puts for average price of $4.075.
Still hanging onto 2 QQQQ Sept 51 puts.
UPDATE 2 min later: Dumped the other 2 for $4.82 each. I am now 100% in cash. I quit again. Time to study for qual.
UPDATE 13 hours later: I [...]

An AP story released after Obama’s convention speech highlights his promises and the realities of the situation. The article is reproduced in its entirety below. Regular text is the promise. Italitized text is the reality of the situation according to the author. Bold text is what I have to say.
THE ECONOMY AND DEFICITS
The promise: Obama [...]

And you thought I was joking.
FDIC may borrow money from Treasury: report
(Reuters) - Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported.
The borrowing could be needed to cover short-term cash-flow pressures caused by reimbursing depositors [...]

Picked up one QQQQ Sept 51 put for $4.50.
Picked up another QQQQ Sept 51 put for $4.10.
I now have a total of 4 QQQQ Sept 51 puts. Average buy price on the 4 puts is $4.075.
This is about as short as I want to get. Anything beyond this is probably irresponsible. However, I wouldn’t be [...]

Hurricane Gustav

Check for updates
Economic implications
If the hurricane breaks west, it will bring down oil rigs near Texas and you may see oil spike.
Political implications
If it hits New Orleans dead on, FEMA better be ready or else the Bush administration will look very bad in an election year. If Gustav hits New Orleans, it will do [...]

Qual studying has been in the ditch for the last two weeks. There are reasons for me to study hard for my qual and there are reasons for me to be lazy. Ideally, there should be no reasons for anything at all, I should just work hard.
Why I should be lazy
Reason: There’s no way they [...]