MBIA's GIC Exposure Could Trigger a Liquidity Crisis [View article]
maybe investors will one day realize that MBIA has a completely needless service. as it stands in the market, the corporation is only a trading vehicle. once it dumps all those municipal bonds, it won't even be a trading vehicle. it will have nothing. but then again, that doesn't stop investment banks from being a worthless investment vehicle, does it? no. just another story of "when does the music stop".
i am very well aware that the trading market is one thing and real life/economy is another thing. but real life does have a way of catching up to worthless corporations such as life. a corporation chock full of economic MBAs and PhDs that offer no actual service.
all three are committed to one thing: expand the Federal govt. and the populace is more than stupid enough to be misdirected by their words while staying ignorant to the implications.
Oil Hits New Record - Is $125 Next, or $100? [View article]
i predict oil will go to 100 in May, then go crazy again most of the Summer. there will probably be riots and social unrest related to US supply chains and eventually Kurt Russel w/his eyepatch will be spot in LA doing various rogue-ish things.
Wal-Mart: Another 20%-40% Upside in Store [View article]
something definitely smells rotten in this rosy picture. there are waay to many variables in play to simply proclaim WM The Great Victor Now And Forever. to be that awesome, WM would have to get govt agreements and entitlements to ensure that they are the only game in town in the future. i wouldn't put it past them, though :o
Milton Friedman Would Have Welcomed the Fed's Intervention in Bear Stearns [View article]
if i were going to go with what a dead guy might have thought, i would go with the VON MISES would have thought waaaay over FRIEDMAN, Nobel Prize or not.
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MBIA's GIC Exposure Could Trigger a Liquidity Crisis [View article]
i am very well aware that the trading market is one thing and real life/economy is another thing. but real life does have a way of catching up to worthless corporations such as life. a corporation chock full of economic MBAs and PhDs that offer no actual service.
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Two On McCainomics [View article]
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Oil Hits New Record - Is $125 Next, or $100? [View article]
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Wal-Mart: Another 20%-40% Upside in Store [View article]
Milton Friedman Would Have Welcomed the Fed's Intervention in Bear Stearns [View article]