Paul: Pay off the country's mortgage

The Gazette ^ | April 11. 2007 | Dick Hogan

[Badeye]

For political opportunists and inside-the-beltway lifers, it’s easy to pledge allegiance to a party.

“For Americans like Paul Constitutionalists in principle, it’s not so easy. There ain’t a dimes bit of difference between the Republicans and the Democrats anymore. We have to focus on ISSUES and Constitutional principles...that’s what Ron Paul is all about. You should be THRILLED to be able to vote for a candidate who’s not a whore for his party.”

Yes, I’ve noticed the higher than normal ‘self importance’ of Ron Paul’s supporters.....(chuckle)

[DreamsofPolycarp]

how would you construct an equity-index-option credit time spread assuming matching strike prices

Sell the June OEX xxx strike calls calls and buy the May OEX xxx strike calls. Do you hedge the theta on these, leg into the position, or simply do them as a spread? If you take one of these strategies, do you do so on the basis of delta, or does directional movement come into play? Do you have a mathematical reason for such a distinction? Would you ever do the inverse of the spread by buying the May xxx puts and selling the Junes? Would you close the trade or would you hedge on May expiration and how would you hedge the theta? Why does this strategy suck? Finally, why does OEX option trading suck to begin with, and why should a broker never recommend his non-institutional clients to trade these instruments (the answer is not risk related)?

[DreamsofPolycarp]

not really being mean. just goofing off

I have traded options for about 15 years now.

Your post was spot on.

[The_Eaglet]

There ain't a dimes bit of difference between the Republicans and the Democrats anymore.

Actually, the Republicans spend more.

[OrthodoxPresbyterian]

Then there are Christian admirers of Calvin's writings who appreciate his articulation of the Gospel but see no need to identify themselves as Calvinists, who find Ron Paul's candidacy commendable.

That's quite true. I was just engaging in a little Reformed camaraderie. :-)

[The_Eaglet]

"Pragmatic" arguments about Federal Foreign Aid are ultimately an exercise in mental auto-eroticism.... because The Whole Thing Is Wrong. It ain't even Constitutional in the first place.

There you go again with that anachronic drivel (NOT).