deodand

What's Another $1.15 Trillion?

These vicious thieves are going to cause a revolution.

Why Chrysler Represents the Ills of the New America

A refreshingly honest, critical and blunt analysis of the Wall Street rot at the core of this broken system.

These gangsters are deliberately gaming and looting the system, buying off politicians and capturing regulators, and funneling their ill-gotten gains into secret offshore bank accounts.

It's not accident that this ex-Federal Reserve tool acting as Treasurer is a tax cheat and a front runner of the banking cartel.

IMAX: Damaged Goods or Victim of An Industry Slowdown?

Is the IMAX experience really so wonderful you feel compelled to go watch an IMAX movie every weekend? Does anybody even want to go see any movies in a theater anymore, with a bunch of obnoxious, cellphone-toting teenagers hooting at the latest droolcup idiot action flick? IMAX screens are an obnoxious fad, and as for the company...

A balance sheet from hell, CFO quits, SEC probe, class action lawsuit, analyst target lowered to $3, millions of dollars wasted on overly-compensated, apparently incompetent executives ("co-CEOs", ha!), and they don't even have digital technology in an era when most kids are downloading movies right off the net. You might as well be invested in a clown college.

Sirius and XMSR: Merger, Apple Buyout Among the Possibilities

Not a chance. Very different technology than what Apple does, and satellite radio has a very different audience then Apple's youth-oriented, Internet-savvy technophiles. Satellite radio people tend to be older, like talk radio, have long commutes or whatnot. It would make more sense to integrate iTunes into your cable TV offering, most digital cable services offer like 100+ music channels already anyway. Why muck around with satellites?

Merrill Lynch Still Hates Sony, Estimates Huge PS3 Losses

With all due respect to Merill Lynch, I probably hate Sony more. They installed root kits on CDs, an unconsciousable and criminal invasion of privacy and computer security for which they should have been pilloried. Teenage hackers are sent to prison for doing something like that, but some powerful company does it to hundreds of thousands of people, where is the outrage? The fines? The firings? The imprisonment of Sony BMG personnel who perpetrated this colossal crime?

Sony is party to RIAA attacks and lawsuits against consumers. They expect people to pay $500+ for their next console. They continually invent useless, incompatible memory formats nobody wants. Last of all, their computers are loaded with worthless propietary rubbish so that when a hard drive crashes, it is almost impossible to replace or recover. I hate Sony and will never, ever buy one of their products again.

Sony obviously hates and despites its customers; the feeling is mutual.

Look to Toyota as a role mode of a Japanese company that treats its customers right.

Evil Inflation -- Or Is It?

This is a terrible notion. Inflation punishes savers, and rewards prolifigate borrowers and irresponsible people living beyond their means -- be it real estate 'investors' like some 24 year old kid with $2 million in liar loans (iamfacingforeclosure.... or the federal government with their trillions of unfunded obligations.

Furthermore government statistics regarding the 'core' rate of inflation are so twisted and manipulated as to be ridiculous; see John Williams' Shadow Government Statistics site.

I would prefer a mild deflation rather than chronic inflation, and I am horrified at the prospect of hyperinflation and the destruction of the value of the dollar.

Overstock: What About That Conspiracy?

I don't see how OSTK can turn around when its sales are actually declining, its losses growing, and its cash pile dwindling. It may take another 6-9 months but it will go bankrupt.

Nancy Pelosi's Stock Portfolio

Overstock.com? They need to fire their financial advisor.

No Tough Times For Toyota

Toyota is such a screaming buy and has been, for a while. I don't know why people even look at GM and F, once they have to report their pensions more fully according to those rule changes, at some point fund managers are going to have to consider swapping into TM. I don't understand the lack of volume and interest in TM, maybe because it's an ADR. But this is one car company that does it right. Honda's a nice play too.