“Why is it so hard to see that train a comin’?”

Barry Ritholtz is a contributor to Seeking Alpha and is notable for his insights on the housing market and his book Bailout Nation.

Now this video is quite long, 24 minutes, but it has a lot of insight and if (like me) your cable is still out and you’re desperate for anything slightly resembling TV you might find it interesting.

lambert at Corrente (the blog that everybody hates and nobody reads) was taken by the fashion statement.  I only hope orange becomes the ‘in color’.

Barry Ritholtz: The Effect Of Corruption On The Markets – Aug. 27

I must admit on my system it’s pretty cranky and I had to goose it past the second break.  Try moving the slider forward if you get lost in buffer land, don’t forget to restart the video.

Title quote @ aboot 4:09.  lambert’s fave @ 4:46ish.  Folsom Prison Blues below.

I hear the train a comin’; it’s rollin’ ’round the bend,

And I ain’t seen the sunshine since I don’t know when.

I’m stuck in Folsom Prison and time keeps draggin’ on.

But that train keeps on rollin’ on down to San Antone.

When I was just a baby, my mama told me, “Son,

Always be a good boy; don’t ever play with guns.”

But I shot a man in Reno, just to watch him die.

When I hear that whistle blowin’ I hang my head and cry.

I bet there’s rich folks eatin’ in a fancy dining car.

They’re probably drinkin’ coffee and smokin’ big cigars,

Well I know I had it comin’, I know I can’t be free,

But those people keep on movin’, and that’s what tortures me.

Well, if they freed me from this prison, if that railroad train was mine,

I bet I’d move it on a little further down the line,

Far from Folsom Prison, that’s where I want to stay,

And I’d let that lonesome whistle blow my blues away.


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