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Posts from ‘October, 2008’

Jim Rogers Interview: Telling It Like It Is

Anyone who wants to weigh opinions of commentators on financial markets would be well-served to listen to people who have made millions and billions of their own and have ALSO managed their personal affairs in such a way as to break completely free from any constraints of obligation to a particular editorial stance, political party […]

“FACT: Money Market Funds Expose You To Risk” – Updated 10-22-2008

The original posting “FACT: Money Market Funds Expose You To Risk” was made on 09-17-2008, literally days before a wave of other similar articles began to hit the major news media and the web. Things were becoming so treacherous in the money markets at that time that the FED was forced to take immediate action […]

The U.S. FED: What! Me Worry?

From time-to-time, I like to swing by the Federal Reserve Bank of St. Louis (FRBSL) website to check on their “aggregate” monetary and financial indicators and measure the pulse of our nation’s economic base – which is the overall supply of money and credit in the United States economy. When you have a financial system […]

My Response To A Reader’s Important Questions – Questions That Deserve A Public Answer

This post is written in response to questions that came up from my recent post “An Elegant, Market-based Solution To The Banking/Credit Crisis”. Since this is EXACTLY the type of discussion and dialogue I’d hoped would develop, I wanted to bring it to the forefront so we can have the opportunity to “sort this out” […]

Important Derivatives Read…

For those who can find the time, here is a link to an excellent five page article on financial derivatives. Its author, Jesse Eisinger, definitely did his homework on this one and even interviewed the inventor of the modern-day financial threat we face – a man named Bill Demchak. This is an article that exposes […]

An Elegant, Market-based Solution To The Banking/Credit Crisis

THE PROBLEM: In a strange and awkward way, some of us here in the mezzanine have experienced a rather morbid and dark sort of enjoyment as we watch those on stage who created the world-altering credit crisis, and the governments who enabled it, squirm and writhe – like a child caught in his first big […]

Fixed Indexed Annuities: What They Are and How They Might Benefit You

Fixed indexed annuities – also known as equity indexed annuities – made their initial debut in the middle part of the 1990’s but have been gaining popularity at an especially rapid pace over the last five or six years due, primarily, to the extreme levels of volatility in the stock and bond markets. So why […]

An Astute Reader Responds To My “Crushing Potential of Financial Derivatives” Post — Very Interesting!

My previous post, “The Crushing Potential of Financial Derivatives”, garnered a tremendous amount of “buzz” and traveled – much to my amazement – like lightening around the internet. I received a number of interesting notes and messages from a variety of people around the world but this one, in particular, deserved to be brought to […]

The Crushing Potential of Financial Derivatives

George Soros, one of the world’s foremost investor-speculators, has said many times that he stays away from financial derivatives because “no one understands them”. In the world of finance, derivatives might be comparable to the theoretical study of linear particle acceleration in nuclear physics. Such theories appear to be “understood” mainly based on current assumptions […]

CONSUMER TIP: How To Extend The Performance And Useful Life Of Your Computer Monitor

We’ve all been told at some point in our life that cleanliness is next to Godliness. Well, I don’t know if that lore is true or not. But one thing I know for certain is that anything we can do to extend the useful life and enjoyment of an expensive piece of electronic equipment – […]