Mr Rulle has worked in the financial services industry for 30 years. He currently manages his own proprietary trading firm, MSR Investments LLC, which specializes in quantitative modeling of markets. He also writes commentary about Political Economy on his weblog, Law of the Bad Premise.
Prior to forming his own firm, Mr. Rulle held several senior positions in the Investment Management business and the Investment Banking business. He has been an Executive Committee Member at Lehman Brothers, CEO of CIBC Oppenheimer, President of Hamilton Partners, and President of Graham Capital Management.
Mr. Rulle graduated from Hobart College and studied Political Philosophy in Graduate School at William and Mary and Columbia University’s PHD program for 5 years. He also earned his MBA at Columbia and has taught finance as an adjunct Professor at the Columbia Business School.
He has published several papers which have appeared in a variety of texts including “The New Generation of Risk Management” edited by Lars Jaeger, “Evaluating and Implementing Hedge Fund Strategies” edited by Ronald Lake, “Trend Following” edited by Michael Covel, and “Hedge Fund Risk Transparency” edited by Leslie Rahl. Mr Rulle has also been the subject of many articles in the financial industry and has appeared on several business shows.

Michael S. Rulle Jr.
Is the GOP Worthy of Governance?
by Michael S. Rulle Jr.The Democrat Party’s “40 year majority” will come to a close 38 years early. The unbearable trinity of Pelosi, Reid, and Obama has managed to alienate a nation desperate to support new leadership. They accomplished this by an insistence on unwanted quasi-Socialist policies and an irritating propensity to lead with their chin in foreign policy. The era of Obama is over, even as his Health Care proposal will likely pass. But does this mean a new era of Republican leadership is about to begin? This remains to be seen.

Peggy Noonan, a former Reagan speechwriter who supported Obama, has views similar to many who consider themselves centrist. She now realizes her support for Barack Obama was misguided. Yet she is tempted to take a “pox on both your houses” approach. She remains skeptical of the Republican Party, as I imagine many voters do. In her recent opinion essay in the Wall Street Journal she states:
“The question isn’t whether they’ll win seats in the House and Senate this year, and the question isn’t even how many. The question is whether the party will be worthy of victory, whether it learned from its losses in 2006 and ‘08, whether it deserves leadership. Whether Republicans are a worthy alternative. Whether, in short, they are serious.”
I had grown weary of many of Ms. Noonan’s commentaries. Her support for Obama was predicated on an obvious misunderstanding of his politics, nature, and ideology. But her implicit challenge to the GOP is spot on. While the critique premised in her comment is not completely fair, without question Republicans are viewed with skepticism. After all, it was a Republican administration which brought us bailouts, supported expansionary and unsustainable housing policies, expanded domestic spending, proposed an immigration policy as unpopular as the Democrat’s current Health Care Bill and made “earmarks” a household name. Worst of all, the party seemed to lose any sense of foundational principles. Just what do Republicans stand for?
Winfrey/Palin Was No Frost/Nixon
by Michael S. Rulle Jr.Everything about Sarah Palin is magnified, as the current book tour demonstrates. The book was number one the day it appeared for sale on Amazon. All public figures have a larger than life appearance, but it is far more pronounced with Palin. She is an almost unprecedented media phenomenon. Yet few present her as a truly serious person. Democrats attempt mockery and Republicans damn with faint praise. Those who themselves praise her strongly are cast in a similar light. The great paradox is, on the one hand, the media is driven to her like a moth to flame, yet, on the other hand, they treat her as if she were not worthy of all the attention.

This attitude comes from the same media which takes or has taken Nancy Pelosi, Al Gore, John Kerry, John Edwards, Jon Corzine, and Joe Biden seriously. Admittedly, these are low hurdle comparisons, but that is exactly the point. Yet, to anyone who looks beyond the superficial coverage, it is obvious that Palin knows exactly what image she wishes to portray. Sarah Palin may or may not be a legitimate presidential candidate, (she is, in my opinion); her tactics on this book tour may or may not be helpful regarding future political ambitions (remains to be seen); but she is completely and naturally in command of herself. Yet this seemingly goes unobserved and flies in direct contradiction to the dominant narrative.






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