chaliebrown

Insider Trading: The Next Generation

hang them from the yard arm !!!

we need to deal with financial pirates today the way we dealt with other types of pirates in years gone by ... swiftly and harshly.

the punishment needs to be a deterrent

European Policymakers Fire First Shots in Currency War

sterling is sinking faster than the titanic. this is a combination of poor fundemental economics in the UK, a super low and heading lower interet rate and of course zero defense of the pound from #10.

being a US expat, in london, paid in pounds this stinks. but from a macro level view, it's good business sense ...

the UK needs the jobs that a weak currency could bring ...manufacturing jobs for exported goods and services jobs (nearshore / offshore) from other more expensive EU countries.

the only ones getting the stick in the eye in the UK from a weak pound are the middle class who own holiday property outside of the UK (a shokcking number of taxi drivers, plumbers and electricians own homes in portugal, spain and other sunny climes).

and of course the expats (who no one really cares about) are also getting shafted.

i can't see the UK doing anything from a policy perspective to reverse course in the near term.

am interested to hear what other expats are doing ... personally, i am negotiating with my employer to correct the 30% paycut that i have taken since i have been here due to the currency fluctuations.

The Scariest Chart Ever

u are naive


On Jan 20 09:34 PM Dookie wrote:

> Alot of good projections here. I have to agree with the pessimests
> though.
> The differences of today compared with 1946 are not only camparing
> our production base but also our political base.
> In those days MOST of congress had US interests at heart. Now most
> of them know the empire is dieing so many have pledged thier loyalty
> to Israel. This cannot be denied so people please don't even try
> to disagree. We only have a few that take thier oath of office seriously.

Hedge Fund Redemptions May Crash Q1 Markets

i disagree w/ you, Savvy. yes, hedgies need notification for redemptions but there were an amazing amount of gates put up in q4 preventing withdrawls for q4 year end. at somepoint that money comes out. this mini bear rally is drawing to a close.

Will the White House Bail Out Detroit?

hahahaha! good one !!!


On Dec 12 03:51 PM briacal wrote:

> President George W.Bush saved the country after the terrorist attack
> of 9/11.Now he has been using everything available to him to repair
> the economic disaster created by the many financial terroristic groups
> that for years have been undermining all the american ideals "ONE
> NATION UNDER GOD WITH LIBERTY AND JUSTICE FOR ALL" I would like to
> suggest that the american people should start considering the reality
> that President George W.Bush is the best President theUSA ever had.
> Shame on you Oliver Stone

Where Will GE's Jeff Immelt Be at 2 PM Today?

what a joke.

where can i turn in my US citizenshi to stop paying taxes to bailout the rich friends of King George and King Paul?

no one cares about the public taxpayer anymore. The govt only wants the taxpayers money to bailout the rich bankers and CEO's.

will canada take me?????

The U.S. on the Precipice

The biggest problem is that the vast majority of our fellow citizens have no idea about what is really happening. They do not understand basic ecnomics and they have blind faith in their leaders.

The readers of this website, cnbc, marketwatch, etc., are all highly educated higly motivated individuals (exactly the opposite profile of the alt-a / subprime / blind faith in leaders - Americans).

When you get this type of disparity you get greed and corruption of a few preying on the masses and calling it "capitalism".

As Americans we have oursleves to blame. We'd rather have our celebrity culture and our 15 minutes of fame and not do the hard work of studiying and taking accountability for our own lives.

The slowdown will be hard. But the slowdown will be well deserved. We have inflicted this on ourselves due to our own selfish lack of accountability.

While the slowdown will not be the end of the world, let's hope that it acts as a wake-up call to our fellow Americans.

Under The Radar News - Monday

is the stat correct, 3 out of 1000 homes in Q1 repossessed?
that's 12 out of 1000 a year (1.2 per 100 per year). and since this is cumulative, over 5 years, that's 6 out of 100 or in layman's terms, 1.2 out of 20. holy sh^t !!!! that's pretty f'ing scary !!!