Hell, this makes more sense than a lot of what Congress and the US Treasury are doing right now: True fact: I own a Pets.com sock puppet. I keep it in my office to remind me of the idiocies of the late 90s Tech Bubble. Problem is, I’m not the one who needs reminding. Hat […]
Image o’ the day: At least the contribution is voluntary. Hat tip to The Consumerist. ..bruce w..
Statistics from Option Armageddon (click chart for a larger view): Any wonder that Citi needs a bailout?
About 250 Taliban insurgents took on 30 US Marines in Afghanistan. Guess who won? The vicious attack that left the humvee destroyed and several of the Marines pinned down in the kill zone sparked an intense eight-hour battle as the platoon desperately fought to recover their comrades. After recovering the Marines trapped in the kill […]
Hmm…. Was it in tune? The Baldwin piano discovered in the Bells Neck woods appears to be in perfect working condition and had a matching bench as if it had recently been played. The piano was discovered Saturday by a woman walking along a path inside a conservation area at the woods. Another question police […]
From Bloomberg: The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago. Might I also add that the Treasury is refusing to disclose […]
I am sad to report that some of the leading indicators show that the second wave of the ongoing financial crash is getting ready to start. In spite of the fact there was a huge rally back above 8000 on the Dow late Friday, the stock market is not what is driving this thing. The […]
…Victor Davis Hanson pretty much pounds the nail on the head, ten times in a row: 1. Four years of high-school Latin would dramatically arrest the decline in American education…. 2. Hollywood is going the way of Detroit…. 3. All the old media brands of our youth have been tarnished and all but discredited…. 4. […]
Daily Financial Moment Of Clarity
From the pages of Wall Street Journal via Greg Mankiw’s Blog, word of a sharp drop in the demand for mistresses for the rich and powerful: According to a new survey by Prince & Assoc., more than 80% of multimillionaires who had extra-marital lovers planned to cut back on their gifts and allowances. Still, only […]
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