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Van Simmons
Worked at Fortis Investments
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Van Simmons

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Everyone talks about Maps sucking, but it's Messages that I find unreliable as all get out.
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Van Simmons

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#Messages may well be the buggiest AAPL product I have ever used.  I'm beginning to think that no one actually tested it on laptop, b/c it really doesn't do well with lost net connections caused by such things as closing and reopening machine.
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Oh, hold it.  That was an exaggeration.  The current XCode is the buggiest piece of AAPL software I've ever used.
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Van Simmons

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RT @zerohedge: BofA believes that on Jan 1, 2013 the Fed will expand TSY purchases to $40-60bn month without offsetting sterilization sales. <<< Wow they think that that QE3 sugar high is going to have a pretty short half-life.  And they are right. QE: heroin for central bankers.
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Precisely:

'Bernanke wasn’t facing a banking collapse or the prospect of “imminent deflation”. Last Thursday wasn’t a “Lehman moment”. To please his political masters and their friends in high finance, the Fed chairman administered another big dose of QE anyway. So money-printing has evolved from a drastic remedial action to a lifestyle choice, which strikes me as an addiction.'
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Van Simmons

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The two crips prior to my surgery.
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You're too funny, Van! Get well soon. Bises
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For those of you interested in these things, the current Lie-bor scandal, combined with the Corzine/MF bankruptcy, has exposed the ultimate corruption of our financial system. Essentially, if you favor increased "regulation" of finance and propping up large institutions with government money whenever needed, you need to explain not just the utterly predictable greed of financiers, but how it was that the regulators for two of the most heavily regulated sectors anywhere in the economy abjectly failed to protect the public from what in any other area would be considered outright theft and how they did so under both R and D administrations.

So it's odd that libertarian me finds the line of argument in the attached link compelling. I've come to the belief that optimally we would have a free banking system without the possibility of bailouts or inflated credit and that the Corzines of this world would find their lying, dishonest butts occupying a bunk in a federal prison forthwith along with anyone in NY who participated in or had knowledge of the Lie-bor schemes. However, if our political system cannot achieve a disciplined system like that, and it seems that it can't, then we must do something to separate the payments system from the casino. (NB Treasuries are firmly part of the casino now). 

The problem in '08 was that an army of knuckleheads failing to pay mortgages they should never have gotten in the first place was going to cause immense damage not just to people's retirement accounts (painful, but a risk that was accepted at deposit), but that it also stood a pretty good chance of hosing their demand deposits - which would have been catastrophic not just to them but to an enormous number of their economic connections. From what I can tell Dodd-Frank (just the name tells you all you need to know) does nothing to address this issue and is simply an excuse for yet more political interference in things that politicians know nothing about. 

So come November, we need to be looking for people who actually know this and will do something about it - people who have the ability to say "NO MORE" to the financial industry, who are willing to let them fail even if that means a major decline in the value of real estate on the Upper East Side, in the Hamptons, the Vineyard or a number of other places currently infested by their ilk. Like machinery, you can't really fix it unless you clean it first.
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Van Simmons

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I was in the right hand group
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RT @zerohedge BofA now predicts Fed balance sheet of over $5 trillion by end of 2015. <<< Note they didn't put an upper bound on that range. MLW once asked me: "If the gov't needs money, why doesn't it just print it"? I had a lot of answers at the time that sounded right. Apparently they weren't.
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QE3 should really be called QE4.  Operation Twist was the real QE3, but that charade ended before the election b/c the Fed was essentially running out of long dated assets to buy.  I'm betting that Bernanke really wishes he could have stretched that out til after the election, as today's announcement throws into highlight the financial as well as the moral bankruptcy of current fiscal policy.
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I no longer have $1.2T that says you are wrong. (for just this year) :)
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Van Simmons

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I find it difficult to believe how unintuitive and poorly implemented iTunes Match is.  And Google+ has actually degraded from it's original implementation as well.
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like many good things that start out simple, people get carried away with a need for over doing it. There must be some sort of micro-economic explanation for the need to overdo it or change a good thing. 
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Van Simmons

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Every time I try to use iCloud it behaves exactly as I wouldn't expect.
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Discussing his economic policies at a fundraiser in Oakland,  California, last night, President Obama, told supporters that “we tried our plan — and it worked.”
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People
In his circles
176 people
Have him in circles
116 people
Tomasz Swiderski's profile photo
Peter Miller's profile photo
Dennis Reedy's profile photo
Greg Warden's profile photo
Art Chang's profile photo
Leigh Fogle's profile photo
Chris Blanz's profile photo
Thiago Olson's profile photo
Sean Merritt's profile photo
Basic Information
Gender
Male
Work
Employment
  • Fortis Investments
    Head of IT for Fixed Income, 2006 - 2009
  • Invesco Ltd
    Head of Fixed Income Development, 2001 - 2006
  • VNP Software
    Founder, CEO, 1990 - 2001