Facebook Investor Spending Months Salary on FB IPO

Facebook Investor Spending Month’s Salary Exposes Hype This article just says “people are F’n stupid” and it is why stocks and financial institutions are getting a bad rap. It isn’t the industry, it is the dumb-asses that think they can make a quick buck with little experience and no work. It is the people that … Read more

For What It’s Worth:

For what it’s worth, and because I’m tired of getting into political debates where people create their own facts: You can write this down and see how correct I end up being in the next 5-10 years…frankly, I hope I turn out to be wrong this time. The Euro is going to continue to fall, … Read more

Let me guess… headlines say “Greek Bailout Imminent”

It’s starting to feel a lot like the story of “Peter and the Wolf” isn’t it? At the end of the day, what does a bailout for Greece even mean? What is it that is really being saved in the long run; a World Economy, an Economic Union, a Sovereign Nation, a failed attempt at … Read more

Long Term Trends Always Prevail…Unfortunately. : (

I posted this to a friends response about the political parties which also had a mention about technocrats. Figured maybe it should go on the blog: The honest truth is that the United States only became the worlds superpower because we were the only industrialized country not to have it’s infrastructure destroyed with two world … Read more

Greenspan’s Flaw in Free Market Model

Greenspan WAS the flaw in his free market model…because he altered free markets by lowering rates to boost the economy after the stock bubble burst. Plain and simple. Had free markets been allowed to correct after the bubble burst, we would have unwound the excess risk and leverage much sooner and with much less pain. … Read more

FED: Finance & Economics Disability or FOMC: First to Originate Make-believe Crisis

The FOMC should have left interest rates alone as the housing bubble started to burst, and let home prices fall back to historic trend-lines. Granted there may have been defaults, but they were necessary. These people didn’t deserve to be in these homes in the first place, they bought overpriced assets with no equity up … Read more

Banks now bidding to buy other banks to gain their deposits

Banks bidding for deposits to gain liquidity is just one more blatant sign from the markets that the FED needs to let interest rates go up to provide liquidity. Without the higher interest rates for bank deposits, people are just shifting funds into a treasury bubble. Its no wonder the treasury needs to provide funds … Read more