Forward Observer

Stop Yelling About FDIC Limits - In Fact, Just Stop Yelling

I would like to see what the limit would be if it was adjusted from inception to today. I don't know what that would be, but it has to be quite a bit higher than $100,000. At least that would be a start.

Corn Ethanol Can Never Replace Meaningful Quantities of Motor Fuel

This is interesting in that I see the only way ethanol is going to make things SEEM better is if it is distributed to the people in an alcoholic beverage. No matter how poor folks get, they always seem to have a way to buy their alcohol. Everybody will be poor because of this initiative, so let's give them (us) some help and use it where it will do the most good.

Visa IPO to Help Recapitalize U.S. Banks

Visa is looking ahead. The IPO should cover a good portion of the defaults from the growing number of folks that don't have the funds to pay their debts.

Who Will Rescue Merrill?

Interesting that Chemical/MannyHanny/Ch... was, I believe, in talks with Merrill before they bought JPMorgan.