When will the election be over? © fintag

Today's shorts:
Greece is the new Argentina (telegraph)
Nice posters, no substance, bored electorate (cityam)
Madoff lovn Pictet turn towards regulation abuse (hedge funds review)
Old people bolt after horse has (fnalternatives)
Galleon and Goldman bed fellows (new york times)

Today's longs:
PIGGS bail each other out (reuters)
China kicks the USA again (bloomberg)
Sciens jumps on the band wagon (icfa)
Interest Rate Rising Countries (this is money)


News comments:
With Argentina stealing assets from pension funds to service their debt, when bond markets and tax payers so no there isn't much choice. Asset taxes will soon become the norm and ownership will be as taboo as having silicon pec implants.

The question is how long will it be before the population say no and start shooting the politicians? My larder is full of beans and candles and that dusty ol' anarchists handbook is being re-read.

Gossip:
None today.