The U.S. Debt Through A Lens Concavely – Seeking Alpha

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In his now cult classic book, “Antifragile: Things That Gain from Disorder”, iconoclastic thinker Nassim Taleb weighs in on such diverse topics as how the “losers” in history eventually prevail, why Thanksgiving turkeys should not make future predictions based strictly on the past and why an increase in theoretical understanding of medicine actually leads to fewer drugs being patented. The arguments he develops are witty, informed by a wide-ranging, targeted erudition. I will leave the non-initiated reader to develop a taste for this undefined and indefinable thinker. But the core of his dichotomy pits the idea of “fragility” against that of “antifragility.” He then relates “fragility” and “antifragility” to a wide array of states of the world that concern us all, and in particular, the presence of government in our lives.

via The U.S. Debt Through A Lens Concavely – Seeking Alpha.

Friends, Sarkozy provides another example of someone selling contacts and prestige stolen from the taxpayer.

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Friends, Sarkozy provides another example of someone selling contacts and prestige stolen from the taxpayer. We find it shocking if someone took priesthood “for a few years” in order to acquire contacts and to subsequently take a job as a salesman for Goldman Sachs; but we accept civil service as a nice career builder … And of course we are offered the sophistry “everyone should be able to make a living”.
The only way to 1 filter politicians and 2 purge the system from tacit delayed corruption is by forcing repayment of all income subsequently earned by ex-officials that is deemed to belong to the taxpayer.Contrast this with Charles de Gaulle who, upon leaving office, spent a decade philosophizing in his austere country home.Current culprits are: Tony Blair, Bill Clinton, John Major, etc. I can hardly find an exception.
I was offered a position in a “governance” thinktank with such blokes as Sarkozy, Blair, Schroder, etc. who have the nerve to talk about such a subject. I declined to be part of it.

Sarkozy to Start Private Equity Fund Backed by Qatar?

www.cnbc.com

Nicolas Sarkozy is being wooed by sovereign wealth funds including Qatar’s who are ready to back him to start a private equity fund.

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