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Monthly Archives: June 2011

The Total Destruction of Anglo-American Law

Make what you want of this article. Just because i post it does not mean it represents my beliefs or assumptions of current events.

I feel this is an interesting point of view that will certainly piss off some one.

I am in no way concerned about pissing someone off. I actually find it stimulating.

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Iceland Carves Out Their Own Future

Iceland allowed their banks to fail. They refused to let taxpayers pay for the debts and foolish loses of private banks.

The non repatriation of losses to the U.K. and the Netherlands may prevent their entry into the Euro, but perhaps that is a blessing in disguise.

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For What It’s Worth

What Beer is Worth?

If you had purchased $1,000 of shares in Delta Airlines one year ago, you

would have $49 today! 

If you had purchased $1,000 of shares in AIG one year ago, you would

have $33 today. 

If you had purchased $1,000 of shares in Lehman Brothers one year ago,
you would have $0.00 today.

BUT, If you had purchased $1,000 worth of beer one year ago, drank all

the beer, then turned in the aluminum cans for recycling refund, you

would have received a $214. 

Based on the above, the best current investment plan is to drink heavily

& recycle.

It is called the 401-Keg. 

AND, a recent study found that the average American walks about 900

miles a year. Another study found that Americans drink, on average,

22 gallons of alcohol a year.

That means that, on average, Americans get about 41 miles to the gallon! 

Makes you damned proud to be an American!


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Fed’s Raskin: Income Inequality Hurting Growth

Raskin says the deteriorating income for the middle class and the wealth accumulation by the top 1% is hurting the economy.

“This inequality is destabilizing and undermines the ability of the economy to grow sustainably and efficiently,”…..disparities “drag down maximum economic growth and are anathema to the social progress that is part and parcel of such growth,”

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