For me the current elections are so much different from the 2000 and 2004. I feel relaxed.

In the past, I felt like the country is attacked by the evil empire and the majority of population is cooperating with the aggressor.

This time, I have no negative feelings toward any of the candidates. They both are very decent people, deserving respect and capable to be among the leaders of this country.

What is driving my choice now, besides the obvious parallel with teh FDR, because the country is economically in the similar condition compared with 1930s and requires similar policies, is pure qualification.

What I see is that one candidate is very smart, definitively much smarter than I am. When I watch him answering questions I understand that I’m simply not capable to think that fast. He is also perfectly educated, better than I am. In him, I see what I want – a manager. A macro manager to lead the country. A micro manager to deal with every small issue, in complex or separately.

Then I see another candidate. First on all I doubt that he is smart at all. Maybe he is simply lost when he speaks to the camera, but it looks desperate. I can answer almost every question better than he does. Sometimes I feel that he has nothing to say and he simply squeezes out some meaningless word soup.

I also see how badly educated he is. His education is far inferior to mine. I don’t even compare him to another candidate’s education – that’s just a joke. I compare him to myself and I see that compared to me he is almost a high-school dropout. But I’m not running for president – he does.

I also see his judgement in action. The most important desision before elections is to pick a VP. And he chose the candidate even less qualified than himself. That is worrisome, because in order to be a successful president he must chose every single cabinet member to be at least 10x smarter than himself. And I doubt that he can.

Otherwise, he is a very nice guy and I wish him long and happy life. Somewhere away from the White House.

Please go and vote. That’s not only a duty, that’s more a privilege, one of those rare days when your opinion is worth more than zero.


The mounting losses from mortgage papers forced financial institutions to raise capital. While capital inflows seem to be healthy the dangerous trend is developing.


Mobile Site

That Guy Drinks Beer asked me to make an RSS feed that could be easily read from the mobile phone, i.e. includes the complete text of every post.

If you want to view my spring widget plese see it here:

New RSS feed

I want to offer you better content and have more control over RSS feed. For example, I want to add some content to my RSS feed that is not published at the site, like thie message.

So I’ve created the FeedBurner feed for the site:

Initially I was looking for some feed creator that will let me to make RSS feed not from the original website RSS feed but directly from HTML, which would let me to publish the complete content in RSS but still have the split-post feature used. I failed to find any solution to do that. So I would suggest you to re-subscribe to this new feed above instead of the original RSS.

The real life demands compromises. The traffic at the new site is less than here so far (here I had ~500 cl/day, there ~200), but the “quality” of the clicks is much netter. A lot of people are coming directly from the “” page and I’m sure they are very interested in what I’m writing. Here a lot of people are coming after googling for “stupid people”, “florida vacations” or “bear”. I don’t think they read anything.

About ads – they are quite annoying but please take into account that WSE is a for-profit enterprise. It’s different from me because I have a full-time job and I’m blogging to communicate with people and share ideas, I’m not interested to earn extra $20 from ads. For now I’m not getting anything because the readership is too low and there is nothing to share yet. But if new people will come I’ll get few bucks.

Please read new post:

The last bubble in the investment desert

New post is here.

Please support the new blog (and Web 2.0) by subscribing to the RSS feed using the button below:

It will take you to the list of all major RSS aggregators. Click the logo of your favorite aggregator and are subscribed!

Thanks a lot!

The new post at Wall street Examiner is here, please enjoy!

Note: there are RSS feeds to subscribe :

for posts and

for comments. If you use Firefox it supports the dynamic feeds (RSS) directly, just click the link. Otherwise there are plenty of RSS feed readers, list is here:

There is a bunch of online feed aggregators, which is probably easier to use. I prefer The list of aggregators I suggest is:

If you have a “Digg” account please support the new site by digging it with this link:


Hi All! I want to share with you that I was cordially invited to start my own blog at Wall Street Examiner. You probably know this site very well as Russ Winter is contributing there as a blogger and Lee Adler is posting his excellent daily reviews for subscribers.

This is the location of my new blog, it’s titled “The yellow brick road” and I’m opening with a new installment of “Where is my recession?” serial.

Please share your feedback, do you like it, is it working well. I’ll continue to announce every post here for easy transition and I think I will keep this site for all posts that I will consider not applicable for WSE