Peter Kobs's definitions
1. A financial market so fragile that even strong companies are decimated by panic selling on Wall Street. 2. A market with almost no real buyers, only frantic sellers.
by Peter Kobs February 17, 2009
Get the Hollow Market mug.1. Envy of another person's higher-resolution camera or flat-panel display screen.
2. The sudden realization that 8 Megapixels no longer cuts it in the digital photography world.
2. The sudden realization that 8 Megapixels no longer cuts it in the digital photography world.
"Daryl has a bad case of Pixel Envy ever since his girlfriend got that new 10 MP Nikon SLR. He may never recover."
by Peter Kobs September 4, 2009
1. An act of extreme stupidity by the U.S. Supreme Court.
2. An attempt to undermine democracy or destroy human rights through judicial fiat.
3. What happens when a bunch of clueless lawyers pretend to be God.
Notable examples include:
-- The recent (2010) decision to allow unlimited corporate and interest group contributions to U.S. political campaigns.
-- The Buck vs. Bell ruling that permitted forced sterilization of the mentall ill. Justice Holmes said at the time: “Three generations of imbeciles are enough.”
-- The Dred Scott case that invalidated restrictions on slavery, while mandating that all African-Americans be treated as "property" in the eyes of the law.
-- Plessy v. Ferguson, which formally legalized segregation, Jim Crow laws and minority disenfranchisement throughout the nation.
2. An attempt to undermine democracy or destroy human rights through judicial fiat.
3. What happens when a bunch of clueless lawyers pretend to be God.
Notable examples include:
-- The recent (2010) decision to allow unlimited corporate and interest group contributions to U.S. political campaigns.
-- The Buck vs. Bell ruling that permitted forced sterilization of the mentall ill. Justice Holmes said at the time: “Three generations of imbeciles are enough.”
-- The Dred Scott case that invalidated restrictions on slavery, while mandating that all African-Americans be treated as "property" in the eyes of the law.
-- Plessy v. Ferguson, which formally legalized segregation, Jim Crow laws and minority disenfranchisement throughout the nation.
The highest court in the land committed another act of Supreme Stupidity in January 2010 when it opened the floodgates to unlimited corporate cash in the election process. Can you say "plutocracy?" Sure you can!
by Peter Kobs February 18, 2010
Get the Supreme Stupidity mug.1. An angry, sometimes violent, demonstration against health care reform at the local level.
2. A mob that turns out at a Congressional "Town Hall" meeting to oppose the President Obama's health care reform initiative. Many such mobs are organized in advance by conservative lobbying groups supported by the pharmaceutical and insurance industries.
3. A loud, boisterous act of political opposition designed to overwhelm the conversation about health care reform by using shouting and physical intimidation.
2. A mob that turns out at a Congressional "Town Hall" meeting to oppose the President Obama's health care reform initiative. Many such mobs are organized in advance by conservative lobbying groups supported by the pharmaceutical and insurance industries.
3. A loud, boisterous act of political opposition designed to overwhelm the conversation about health care reform by using shouting and physical intimidation.
John actually supports health care reform, but he wasn't able to speak because the Town Hall Meeting turned into a Health Care Riot.
by Peter Kobs August 7, 2009
Get the Health Care Riot mug.1. A scientific way to calculate the true costs of massive oil spills, such as the BP Deepwater Horizon disaster in the Gulf of Mexico.
Spillonomics was conceived shortly after the 1989 Exxon Valdez spill in Prince William Sound, Alaska. Sadly, it has become a major growth industry in the last 21 years.
Unlike other methods favored by the petroleum industry, Spillonomics takes into account both short-term clean-up costs AND long-term costs related to marine ecosystems, tourism, fishing, coastal employment, real estate values and water quality.
2. Dick Cheney's latest nightmare.
Spillonomics was conceived shortly after the 1989 Exxon Valdez spill in Prince William Sound, Alaska. Sadly, it has become a major growth industry in the last 21 years.
Unlike other methods favored by the petroleum industry, Spillonomics takes into account both short-term clean-up costs AND long-term costs related to marine ecosystems, tourism, fishing, coastal employment, real estate values and water quality.
2. Dick Cheney's latest nightmare.
by Peter Kobs June 1, 2010
Get the Spillonomics mug.1. An economist or investor who claims to know when the stock market has "bottomed out" based on inside information or a unique set of obscure metrics. 2. Someone who tells you to "get back in the market" because the turnaround has begun. 3. A charlatan.
Ted says we should start buying stock again because the semi-conductor market is firming up in Taiwan. He's one of those Turnaround Tipsters on CNBC.
by Peter Kobs March 10, 2009
Get the Turnaround Tipster mug.1. A sudden encounter with economic reality that dramatically changes one's perceptions, plans or outlook.
2. A rude awakening to the stark differences between fantasy and actual life.
3. The dramatic change process that began in September 2008 with the collapse of the U.S. financial system.
2. A rude awakening to the stark differences between fantasy and actual life.
3. The dramatic change process that began in September 2008 with the collapse of the U.S. financial system.
Jean was planning to buy a vacation home in Hawaii until she had a Rendezvous with Reality -- her retirement fund had declined 50% since last fall.
by Peter Kobs May 19, 2009
Get the Rendezvous with Reality mug.