Wow this will really piss you off….Comments »
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.Comments »
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.Comments »
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
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!
Lindsay Lohan Worried Over Inflation in Liquor Prices
Just kidding….but she is tweeting for the NIA which is cool in my book !Comments »
John Boehner Fires Back After Obama’s Proposed Tax Hike
“His administration has been burying our kids and grandkids in new debt and offered no plan to rein in spending,” Boehner said in a statement. “The President has been AWOL from that debate.”Comments »
Higher Credit Card Swipe Fees Help Out MA, V, & DFS
A larger than expected fee has been proposed for credit cards….stocks melt upComments »
Flash: Federal Reserve Helps Credit Card Companies
Ups swipe limits from .12 to .21.
V and MA are soaring.Comments »
Japan Facing Another Nuclear Problem and its Not Fukushima
I reported on this over 2 months ago, but no one seemed to pick up the story. This is the plant that hurt fisherman on the other side of the island when radioactive fish were found. So it may be a second leak of nuclear material is going into the ocean….Comments »
Obama Healthcare Law Upheld by Supreme Court
Fun times; now congress can mandate minimum insurance upon the people….Comments »
FLASH: Crack Spreads Are Now Up An Amazing 10% for the Day
Hitting $28.5 now.Comments »
Mortgage Fraud Up 31% in Q1 2011
FinCEN reports they have received 25k+ reports of alleged fraud which is up from 19k+ in Q1 of 2010…Comments »
The Banks vs. John Q
Very interesting op ed on banking and loans….Comments »
Federal Reserve Pledges to Keep Liquidity Spigot Open For Western European Debt Problems
Dollar swap programs are in effect for another year starting August 1….Comments »
Two Thirds of Mid Size Firms Expect Higher Profits and May Hire Soon
Best state to work and live seems to be North Dakota…..Comments »
John Chambers: If The U.S. Misses a Single Payment The S&P Will Take Triple A Status Down to D
John Chambers, S&P rating agency president, made this statement in a interview with Reuters…..Comments »
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,”Comments »
Obama Insists Tax breaks Be Taken Away From The Wealthy and Oil Companies
Will these tax break elimination really bridge the budget gap ?
If passed don’t cry about it as this group has had a very nice run.
Opinion: Understanding Chinese Frauds
Always an amusing topic to broach.Comments »
Flash: President Obama Holding Press Conference on Debt Celing Right Now
He mentioned raising taxes on “the rich” and cutting back on spending, namely defense spending. He is on the record as being against a U.S. default.
So absurd.Comments »