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CarlosSlim
120 Comments
Why the Fed Needs to Pause Today
Welcome to the Goldilocks Economy! It's not too hot, not too cold!
Now, we just sit back and wait until someone named "Cinderella" comes along.
Meanwhile, let's rearrange these deck chairs...I'm sure the Bush administration has everything under control!
When the WSJ Competes With the NYT
Murdoch is dumbing it down for the NASCAR/trailer park crowd.
All part of the GOP plan to keep fooling the rubes into thinking that the GOP multi-millionaire "fortunate sons" are "one of their own".
Why the U.S. Credit Crunch Will Not Affect India
I saw a comedian a couple weeks ago describe her trip to India.
Said she saw a guy in a 3 piece business suit squat down and do a #2 right there in the middle of the street.
Is that where you want to buy real estate?
3 Reasons Why The Euro May Fall Further
1. Almost all oil must be paid for in Dollars.
2. Barack Obama.
Take away either one and...look out below!!!!
Dollar Recovery Stalls While Market Mulls Possible Fed Cut
Don't think 0% is as low as the Fed will go.
Anything is possible, if Cheney gets his fingers on the nuke football.
12 Notes on the Manic Capital Markets
It's hard to make money on shorts in this volatile market.
Sometimes, just keeping your money in a mattress (or in CDs yielding 3%) is better than losing it in shorts or long, for that matter.
Money Flows Into the Market: What They're Telling Us
Seriously, some people think the market's rise is due to pensions/mutual funds/IRAs/401Ks funded by...wait for it...
....BABY BOOMERS!!!!
Who are now beginning to retire.
When the BABY BOOMERS retire, can anyone guess what will happen?
Anyone? Anyone?
Bueller?
Solar Power Will Be Transformational in the Next Decade
In June, 1979, President Jimmy Carter proposed a “new solar strategy” to “move our Nation toward true energy security and abundant, readily available energy supplies.”
Carter installed solar hot water panels on the roof of the White House to heat water for the staff mess and other areas of the White House.
In 1981, Ronald Reagan ordered the solar panels that Carter had installed on the White House roof torn off.
Reagan rolled back fuel standards for automobiles.
Reagan killed federal wind and solar power incentives.
Reagan's efforts fueled the current oil addiction that has us, in the words of Robert F. Kennedy JR
"acting like a crack-house junkie rolling old ladies for drug money".
Want to know why we're paying $3.556 (AAA national average) for gas?
Want to know why the United States is behind Germany and Spain in solar power?
Want to know why we're paying $3 Trillion dollars in order to control Iraq's oil spigot?
Actions have consequences.
When will they admit they were wrong?
NEVER, EVER, EVER...not now, not ever.
Bill Miller: Credit Panic Ended With Bear Stearns
Hope does spring eternal among the wishful thinkers.
What Does the President Know, and When Did He Know It: "We're not in a recession..."
Are they insane?
Stupid?
Ignorant?
Pathological liars?
All of the above?
Why Did the Euro Fall Sharply Today?
I learned in school, it takes 3 data points to make a "trend".
What's the slope of a single data point?
How many angels fit on the head of a pin?
The Impending Mortgage Crisis
The "geniuses" in charge are doing the EXACT OPPOSITE.
They are driving down wages via outsourcing and insourcing.
They are pocketing the difference. They are getting richer.
Unfortunately, the Richest 1% can't spend enough of their increased incomes to help housing prices in the long run.
Actions have consequences and these "geniuses" will NEVER, EVER admit they are wrong and destroying America.
Never.
Yale's Shiller: Housing Decline Could Be Worse Than Great Depression
"The harder they come
The harder they fall
One and all"
Homebuilders Pulling Out of More Markets - Housing Tracker
Yes, it's true! The Laws of Physics don't apply to the Fort Hood area.
Since when can soldiers afford to buy a house?
Many soldiers families are on food stamps.
An E-1 new recruit makes $28,738/year, including bennies:
usmilitary.about.com/l...
Now how on earth is someone making that kind of money going to be able to afford to buy a home?
Texas Realtors are not good at math.
Could 1 Euro Equal 2 U.S. Dollars?
Why stop there?
If Cheney gets his wish to nuke Iran, could 1 Euro Equal 20 U.S. Dollars?
200?
2000?
20,000?
200,000?
Of course, this mindless speculation will end on 01/20/09 or when Cheney is frog marched off to prison in Nuremburg.