Posts in Uncategorized

Cash is King

No doubt if you have been following the stock market, you have heard that cash is accumulating on the balance sheets of companies. However, “Cash” is not the same as cash accumulating in your bank account.  “Cash” in accounting terms …

Video from Jun 2, 2010

CME Group publishes daily market commentary now.  You can find it at the media links.  They publish commentary for grains, metal, financials, energy. Here is one I did the other day.  Of course, the advice is free, so you get …

Accounting versus Economics

Companies are reporting profits this year. There was a slew of them today. Guess what? It’s a mirage. As Arthur Laffer correctly points out in today’s WSJ, incentives matter. Companies can organize their accounting practically any way they want.  They …

In Flanders Fields…

Little late with this. 11 hour drive from Northern MN to Chicago. Traffic horrible. But not any more horrible than what our guys are experiencing all over the world. I posted this to my Facebook page, but I really love …

Thanks, big shout outs

Thanks to Takeareport.com for including us in their blogroll. Thanks to Pajamasmedia.com for including us in their blogroll.

Ban Speculation

That didn’t take long.  Greek PM wants to blame the speculators for his problems.  He is calling for an international coordinated attack.  Plus, he says Green jobs are the future of the Greek economy. This is hilarious, if it wasn’t …

Reprint from Ace of Spades

I love the way this is presented.  It’s a good piece and I reprinted the entire thing.  Monty at Ace of Spades HQ wrote it.  Here it is: An Upright Man Let’s try a little gedankenexperiment: Let us pretend that you …

Oh Christmas Tree, Oh Christmas Tree or Here Comes the Lard

As the Financial Regulation bill works its way through the Senate, it picks up fat. Politicians love to spend money. I thought this bill was to re-regulate financial firms. Instead, some Senators are putting pet projects unrelated to financial reform …

Immigration Story

Too often, fights about immigration in the US get ground into soundbites.  “We are all immigrants.”  “All Hispanics are illegal.”  “Fence the borders”  “On the Statue of Liberty, it says give us your tired, your poor, your hungry.” Well, I …

Nothing Going On This Weekend

Working on an ebook.  So, decided to post this video of the A-10 Thunderbolt.  The US  Air Force has a great slogan, “When it absolutely positively has to be blown up overnight.”!  A-10 is lethal.  Many are flying in the …

Listen to this Video Until the End-I Guess it is "Why We Fight."

This is extremely scary. I would expect more local homegrown terrorism from radicalized American citizens. We have had a murder spree at a military base, a couple of failed bomb attempts(only one by an naturalized American). Listen to the hate …

From a Squawk Box next to the CME S+P Pit

This is how it used to be.  Crazy.  If the market was all open outcry, the break would have been much slower-and it may be doubtful that it would have happened at all.  Tip of the hat to zerohedge.com http://www.zerohedge.com/sites/default/files/Market%20Crash.mp3

Snicker Going Around the Floor

Hey, that’s what you get with government employees. They turn millions into billions….. Since Citi is owned by the government now!

NOVA

Here is a NOVA program on behavioral versus traditional market based Adam Smith notions of economics.  Very interesting. Mind Over Money | NOVA | PBS Video takes about an hour to watch. Some feedback:  First off, the behavioral experiments are …

Figure of the Day-10.6 Billion for Freddie

The CBO reports that by the year 2020, the US taxpayer will have spent 389 Billion bailing out Fannie Mae and Freddie Mac.  Yesterday, Freddie Mac asked for another 10.6 Billion since they lost so much money the last quarter. …

Now Obama Targets your 401(k)

From Gateway Pundit, the Obama administration is targeting your 401(k) to pay for the bail out of unions. It would act like another layer of social security.  The idea has floated around in hard left circles for a long time. …

The Marriage Saver

http://www.youtube.com/watch?v=bM4eJ38S7Hw&feature=player_embedded I first saw this at thedanzatap.com. Laughed so hard I couldn’t resist posting it.