December 2008

Fox sent me a questionnaire to fill out about my hometown as we broadcast live from Ruidoso, NM where I lived from the age of 1 til 23 when I moved to NYC.  We'll be broadcasting live at the Win, Place and Show honkey tonk bar on main street during Happy Hour today from 5-6pm EST. It has been so much fun to come home to Ruidoso with NYC-career people...weird, but I suppose juxtaposing Win, ... read more

I got back late Saturday night, after Lobo and I fought delays on American Airlines for hours in Dallas. Even as I had such a terrific time in Ruidoso (and of course in LA as I became the second person from my kindergarten class of 28 students in Ruidoso, NM to be a guest on The Tonight Show with Jay Leno -- click here to see the clip), I was excited to get back to NYC and ... read more

1. Our Government Screws Renters and Savers 2. Central Planning: Good For USA, Bad for USSR? 3. Market Crashers: More Swinging Ahead 1. Let me be clear. EVERY single policy that helps homeowners hurts those of us who have been renting and/or saving for a home. Stop screwing us over and telling us it’s good for us. 2. Real headlines of the day, both from the front page of the ... read more

1. Iacocca Can Kiss It! 2. Cheap, Yes; But Getting Cheaper 3. Thain vs. The Factory Workers 1. I’m sick of these guys from Wall Street and Detroit who ran their companies into insolvency and now beg for welfare tell me that they “are the only ones with the knowledge and understanding of how their business works”. They obviously don’t’ have any knowledge or understanding of their ... read more

Here's an email I just got from a long-time friend, colleague and reader of mine: Hey, Cody, Did you see this? Two central bank officials, speaking at the annual economic forum in Beijing said exports shrank in November.  This is compared to Bloomberg estimate of +14.8% and the October reading of +19.2%.  A decline in exports would be the first since June 2001. Not sure if it ... read more

1. Keynes Went Broke Cuz He Was Stupid 2. The World Bank Is Also Stupid 3. Selling Stocks Right Now Ain’t Stupid 1. Keynes went broke because he was an idiot and didn’t understand the very broader economic cycles he purportedly conceptualized. Gimme a break. Keynesian economics uses force to redistribute the value of savings (profits) to those most connected politically. That’s ... read more

Freedom, lord what a funny word, We search for it just like some kind of fool, Woman leaving home, man sits there all alone, Little child is paying all the dues -- The Allman Brothers I know most pundits and politicians and the company executives they cater too are all convinced that going into the markets and borrowing hundreds of billions if not trillions of dollars that are then going ... read more

I don’t want anything to do with “The Big 3” in name or principle anymore…so I’m asking viewers to help me come up with a new name for this segment. Email me your ideas at cody@foxbusiness.com. 1. Leave My Biz Alone! 2. Name One Change… 3. Wall Street Scum Bag Bonuses 1. Everybody wants us to keep people in their homes, even if they can’t afford them. In other words, ... read more

I ended my Revolutionomics class last night by giving the following final. I'll post my answers to each question tomorrow, but give it your best shot. You can email me your answers at cody@foxbusiness.com or post them in the comments below - 1. Name three standards not mentioned ever in this class. 2. What is the ... read more

1. Prosecute the SEC for Incompetence 2. Vikram and Thain Are Worse Than Madoff 3. Adopt a Dog’s Morals 1. Wall Street legend Mark Madoff and his coworkers apparently defrauded investors out of tens of billions of dollars, including all of the advisory business’ money. What was the SEC doing that they didn’t realize not just some of the money but all the money was gone..and not even ... read more