I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Boat of Gloat v.3
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Facebook. FaceBilk. FacePlant. FacePalm. Zuckered!
This story has everything. Margin Stanley, secret analyst downgrades,
Nasdaq glitches, over allocation,...
Lawler: Comments on Existing home sales and FHA REO
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Some comments from housing economist Tom Lawler:
The National Association of Realtors estimated that US existing home sales
ran at a seasonally adjusted an...
Your Kids and Your Money
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I have always thought that the parenting sub-genre of personal finance was
a bit odd. Yes, I recognize that for many of us kids are a big part of
life, and...
Apple's P/E Is Less Than 15?
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A high probability exists that Facebook will do well in the long run, as
Zuckerberg has proven his abilities time and time again. However, it's P/E
rati...
Germany's Eurozone bad debt illustrated
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From Mish, a very plain illustration of what the Eurozone situation is:
Germany is owed massive amounts by the rest of the countries. We know that
a siz...
Growth vs Austerity
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The battle between Growth and Austerity continues as economies have become
stagnant with no end in sight for the current crisis. In one camp the
solution i...
The 10 Most Bad Ass Cars Real or Imagined
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It has been perfect weather here all weekend. I have next week off and it's
fishing time so expect to see picture blogs over the week, hopefully with
fish ...
American Greed - Hedge Fund Manager
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Atlanta hedge fund manager Kirk Wright rises from a poor upbringing with a
series of chance events leading him to start a hedge fund. However his
company, ...
Chicago NATO Summit Protesters In My Backyard
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Last week in my neighborhood on Chicago’s northwest side, I spotted some
individuals who didn’t look like they were from around here. While walking
down th...
How to Save Money on Moving
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There are no two ways about it: Moving is expensive. However, you don’t
have to resign yourself to spending vast amounts of money during your move.
By taki...
Alive, Just Busy
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The virus knocked me down hard and everything's way backed up, plus I have
little energy to work with.
As soon as the alligators let go of my leg I will re...
Europe's worst nightmare
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Say hello to Alexis Tsipras, president of the Greek Synaspismos political
party and head of Coalition of the Radical Left (SYRIZA) parliamentary
group.
...
Price for Motor Gasoline in 2012
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So there has been huge amounts of financial press discussion of motor
gasoline prices, and the prospects for relief for the remainder of 2012. I
decided to...
Falling Kinife Wrightwood
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1537 Betty St, Wrightwood, CA
Price history such as it is:
01/17/2012 Listed for sale $159,000 -14.1% $222
07/30/2008 Sold $185,000 -19.2% $258
05/12/2008 P...
Why we will not “build our way to prosperity”
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There have been some comments on analyses that “We’re going to need a LOT
more houses” lately. The analysis presents a plot of housing starts vs
population...
credit rating opinions?
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With credit ratings agencies essentially poised to reject refinancing plans
for Portugal and Greece it may be well to remember who pays the agencies’
bills...
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