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Posts from ‘February, 2009’

Stereophonics Dakota – Great Live Version!

The Stereophonics have some great music and some not-so-great music. The studio version of this song falls in the “great” category but this live version has a very special edginess to it. Song starts just past the quick interview. Enjoy!

Credit Default Swaps: How Fleas Kill A Dog

I‘ve been on the lookout for an article with a concise description of the ongoing saga of the Credit Default Swaps (CDS) markets to pass along to readers and I have found a nice, simple one on the Guardian UK website. This article is written at a level any newbie can understand yet provides current […]

Commercial Real Estate Closing Shop?

As most of us who carefully follow the macro-economic picture know quite well – there is a certain logical “order” to things and that order has been accurately anticipated by some of us for a very long time. One of the things that’s been looming dark-and-large on the economic horizon is the impending and apparently […]

Comments To The Securities And Exchange Commission Re: Fixed Indexed Annuities

Over the past year (2008) the Securities and Exchange Commission (SEC) spent considerable time and public resources in an attempt to wrest regulatory authority and control of Fixed Equity Indexed Annuities (FEIA’s) away from the 50 individual state insurance commissioners. To say that this aggressive action by the SEC has caused “heated debate” would be […]

Turning Japanese?

Are we turning Japanese? I think we’re turning Japanese I think we’re turning Japanese I really think so… Could it be the Vapours? Check back in a few days for my next post. You’ll see how this relates… Please Note: This Nikkei 225 chart is sourced from www.chartsrus.com where a wealth of long-term graphical data […]

Business Law Refresher: Useful Legal Definitions Everyone Should Know

It’s time taxpayers begin thinking less in terms of excuses, justifications, rationalizations, and scapegoating for the current financial mess and more in terms of investigations, indictments, arrests, detentions, prosecutions, penalties, restitutions, “clawbacks”, and punitive-damages. Here in the U.S., RICO LAW comes quickly to mind. It’s way past the time to end the ineffectual scolding, finger-wagging, […]

Doesn’t This Say It All?

QUOTE: “Feb. 9 (Bloomberg) — The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.” You can read the rest of this article here if you’re interested: U.S. Taxpayers Risk $9.7 […]

A Suggested Read: Plunder And Blunder by Dean Baker

I just spotted an interesting article written about a new book entitled “Plunder and Blunder: The Rise and Fall of the Bubble Economy” by Dean Baker, the co-director of the Center for Economic and Policy Research. First, read this excellent (and short) article: Plunder and Blunder; How the ‘Financial Experts’ Keep Screwing You Those of […]

Bankers On Notice: The Cake Eaters Are Stirring

Link To Thomas Jefferson’s Famous Banker Quotes It’s interesting to watch what happens as the spores and tentacles of “banker rot” penetrate ever-deeper into the worm-holes and capillaries of the socioeconomic strata. Anachronisms from a bygone-era, the “let them eat cake” attitudes that have persistently predominated the media-storm are increasingly muffled by a gathering mob […]