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This is a blog about US politics with a center-left tilt. Promoting testicular fortitude among the.. Left.

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Other Tags: Politics, Republicans, Obama, Wall Street, Left

Latest Blog Posts

  • Ruminations on Trading (Book Excerpt #2)
    on Sep 30, 2014 in Uncategorized book
    The biggest secret that traders don’t want the world to know is that anyone with a more or less sane disposition can do what they’re doing. The trick is getting access to the trough, to the P&L, to the “book.” The road toward it is tough,...
  • My Book Has a Website.
    on Sep 27, 2014 in Uncategorized book
    The American Spellbound will be released on Nov 11th in both paperback and as an e-book. For now here’s a website with the info, full first chapter and some of my thoughts on the book’s themes. Katya G. Cohen is my penname. I’m espe...
  • My Little Homage To Atlantic CityAtlantic City is anti-Vegas. In Vegas, like at Venice masque-ball, all the life’s drudgery is hidden away; in AC it’s on open display, with not even a half-hearted attempt at disguising it. Vegas is a high class prostitute with silicone breasts a...
  • Excerpt #1 from my upcoming book “The American Spellbound”
    on Sep 8, 2014 in Uncategorized book
    My book is set to be released on November 11th. It’s fiction based on real-life events. I will be posting random excerpts between now and November. Here’s the first sample. In the fall of 2006, everyone flew down to Florida for the 12th...
  • The Value of NOT Doing Things
    on Jul 22, 2014 in Uncategorized Deep thoughts
    For decades all the self-help books and all the commencement addresses and all the motivational speakers told us to just go for it because we’re worth it. And so we do. We have internalized our own specialness and thus are looking for ways to show...
  • Rick Santelli Gets Schooled.
    on Jul 15, 2014 in Uncategorized Bernanke Rick Santelli
    I don’t know if those of you who follow this whole Fed/QE/inflation debacle saw this yesterday, but this is a must see. Inflation hawk, but really an approval-seeking, hissy-fit throwing man-child Rick Santelli got finally taken to school by o...
  • Protecting the Weak.
    on Jun 25, 2014 in Uncategorized Deep thoughts
    Why is the baptism scene from The Godfather so powerful? Why do we connect and empathize with Michael Corleone but not with his victims? While you might cringe at the violence, deep down you cheer for Michael taking down his enemies. Perhaps because...
  • Our Libertarian Age.
    on Jun 19, 2014 in Uncategorized
    I stumbled upon another great long read. It’s too good not to distill into a few readable points, for many don’t have 2 hours to sit and read it and absorb. The author makes such great, unorthodox and profound points, that it needs to b...
  • Former Goldman Prop Traders Can’t Survive in the Wild.Turns out Goldman traders are not at all what they’re hyped out to be, once they are deprived of their Goldman platform. Many went and started their own hedge funds and failed. One guy even managed to lose 7%. 7%! In this market! I guess he was...
  • Vegas As a State of the American Mind.
    on May 22, 2014 in Uncategorized Deep thoughts Poker Vegas
    “Real dope gives you the freedom to dream your own dreams; the American kind forces you to swallow the perverted dreams of men whose only ambition is to hold their job regardless of what they are bidden to do.” Henry Miller, The Air-Conditioned N...
  • Capital in the Twenty-First Century.
    on Apr 23, 2014 in Uncategorized
    Naturally, I can’t ignore this book by French Economist Thomas Piketty that is #1 on Amazon right  now. The thing is I haven’t read it yet, although I read multiple reviews (even by those criticizing it who haven’t read it). Conse...
  • The Fruits of Neoliberal Economic Thought.Over the weekend, when I was not playing poker, I read this long piece on neoliberal economics. It’s a very long, exhaustive and thick read and it took me a while to absorb all the major points. I wanted to distill this excellent critique of neolib...
  • Borgata Poker Open Ladies Event.
    on Apr 14, 2014 in Uncategorized Poker
      In the last 2 weeks I played in 3 poker tourneys. In two of them I finished right on “the bubble” – a poker term that can be described as “close but no cigar”. To finish on the bubble is the most frustrating eleme...
  • The Winning Mindest Wins. Everybody Loses.Conservatives love to ascribe laziness to large swaths of the population. They think the prudent thing to do is to give the lazy moochers a kick in the butt. A kick in the butt to do what? People who are unemployed are not lazy, contrary to a widespr...
  • Charity as a Conservative Delusion.
    on Mar 30, 2014 in Uncategorized charity
    The topic of charity as a distraction is really gaining ground. In the last week I stumbled upon 2 articles on the topic, both making powerful arguments against private charity. First is the article in LA Times that gives trenchant observations about...
  • This is what happens when you run a conspiracy blog.Zerohedge – the anti-Fed, libertarian, gold-standard conspiracy blog, that’s been seeing inflation and economic collapse everywhere for the last 5 years, scored a big victory lately. Or so they think. Russians have pulled about $100bn of...
  • The Failure of the Elites.
    on Mar 9, 2014 in Uncategorized 1% Deep thoughts
    “Elites, by definition, are often brilliant and attractive-looking people who, because of their own sophistication and social confidence, welcome cosmopolitanism in all its aspects. For they are never insecure in the midst of exotic environments. B...
  • Tom Perkins is an attention-seeking poseur.If you are genuinely afraid of Kristallnacht, I mean really, seriously afraid that the unwashed will come to your mansion with pitchforks, then you should be doing something to avoid it. If you are not doing anything about it then you do not consider...
  • I Love My Blackberry But Free Market Says I Should Love IPhone.
    on Feb 13, 2014 in Uncategorized Business Corporations
    I don’t have an iPhone because I don’t want it. I’m content with my Blackberry. I resent the idea and the subtle implication that I need things today that I didn’t need yesterday, like some fancy new app. The other day I received a phone ca...
  • Goldman Strikes Again
    on Feb 13, 2014 in Uncategorized Goldman Wall Street
    Remember how in 2010-2011 commodities’ prices went up and many (namely inflation hawks) thought that finally, finally (!) inflation is here? Turns out it was just Goldman.

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