Articles for Business & Finance

EXCERPT: The flimflam man is alive and well.    Back in the 1950’s and 1960’s the house salesman would try to sell you a house.  With time, luck and effort that house might then become a structure within which you and yours would create a home for yourself and your family.     Somewhere in the 1970s the house salesman was elevated to a higher plain of existence with a simple marketing strategy:    The salesman was re-titled as a...

EXCERPT: The unemployment insurance weekly claims report for the week ending November 8, 2008 has an advance seasonally adjusted figure of 516,000, indicating an increase of 32,000 from the previous week. The four-week moving average hit 491,000, an increase of 13,250 from the previous month.  The last time seasonally adjusted weekly claims hit half a million was during the week ending September 29, 2001, when 517,000 claims were filed.
During the week ending 11/01/2008 [latest data...

EXCERPT: Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
 
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
 
So, that's what they decided to do.  The ten men drank in the bar...

EXCERPT: That dollar in you pocket is getting smaller as time passes.  Inflation is a subtle unofficial form of devaluation of the currency, and we are in for Mucho Grande inflation.     It wouldn’t be the first time in history.     Following the First World War, Germany suffered unimaginable inflation in the 1920s as it printed Marks without restraint around the clock to pay off the tremendous burden of war repartitions imposed on it by the...

EXCERPT: We will all be paying more taxes.  There is no choice.  The elephant in the room is that the American taxpayer is the global ‘lender’ of last resort.     This bunch in DC has turned the United States of America into a debtor nation of unimaginable proportions.          The Bu$hite regime and its cronies have borrowed hundreds of billions from the likes of the Chinese Central Bank and the Middle East Oil tribes,...

EXCERPT: Let me share with you a decent summary of the $850,000,000,000.00 check just written by our leadership in DC:           On October 3, the U.S. House of Representatives approved a rescue package for the U.S. financial system, the Emergency Economic Stabilization Act of 2008. It includes measures added and approved by the U.S. Senate on October 1, 2008.      The main objectives of the Act are to:   ...

EXCERPT: In trying to find out more information on Paulson, I came across this website by F. William Engdahl.  I have read a good portion of the history from market manipulation to Greenspan and his role in the market and his TBTF, Too Big To Fail policy.The link to the entire article is posted below and the website has incredible information that may both scare you and make you shake your head in disgust.
Henry Paulson has lost Control
over US Finance, Economy
By F. William Engdahl, 3...

EXCERPT: This is good
Some s***ty friends of ours are planning to bring their OWN junk to Wall Street (at the south side of the bull at Broadway and Morris Street) today at 4pm to see if they can get a bailout, too.
Bring your 8-track tape collection, high-school yearbook, Grampa's old recliner, and that snow globe from Great Adventure – not to mention your mortgage statements and student loan invoices -- and add 'em to the pile! And tell Secretary Paulson why you deserve a...

EXCERPT: would be king Henry Paulson; and, the absolute gall of the neo-con worm.
It was fun to watch him squirm and sweat on the Sunday shows; especially on Face the Nation.  These corrupt Grendel like things, who have held sway for so long, never imagined that Democrats and some Republicans, who must be up for reelection, have some ideas of their own.  Even the likes of Sen. Shelby (bigoted a******) of Alabama seemed to standing up to Paulson and the criminals pushing this 700B...

EXCERPT: My current thinking, based on years of observation and even some study, is that the U$D has been a tool of a noble experiment, spawned toward the end of the Second World War, which has soured over time with experience and the baby bummer generation taking the helm in the person of Bill Clinton and King George the Pampered.        In summary:   The USA was the only major power left standing at the end of WWII.   Toward the end...