Economy

I was playing with http://trends.google.com this weekend after a friend told me he was worried about the suicide rate climbing in this country as the economy gets worse and the government keeps sending what's left of our money to the crooks on Wall Street and those who support them. Some interesting search word trends: Searches for the word "depression" are climbing strongly this year, but ... read more

Citigroup executives and employees have been lying to their customers, investors, the government and -- best case scenario -- even themselves for the last few days, weeks, months, and years. The CEO and his stooges either lie to our faces just about every time any of 'em talk about their company or else they have to be some of the most incompetent executives I've ever heard of. I mean, how ... read more

1. Let’s Lever Up the Bailout! 2. Let’s Buy Big 3 Call Options 3. Let’s Treasury Short S&P Puts 1. We should take the $700 billion for TARP and just lever it up 30 to 1like the guys who used to be in charge of risk control at the brokerage firms like Lehman and Bear used to do. That’d only cost $300 trillion.  And if we are gonna make all this return on our $700 billion investment, ... read more

Here's some of what we're going to be hitting on Where's My Money?! this week: 1.  So Goldman's TOP execs turn down their bonuses since the company's directly receiving almost as many welfare tax dollars than all of the rest of NY State's medicare recipients combined (about $16 billion in medicare in NY state in 2006 vs. the $10 billion Goldman took).  Let's remember Goldman does have about ... read more

Homegrown Rock to the rhythm and bop to the beat of the radio You ain't got the slang but you've got the face to play the roll You can play with me -- "Fans" by Kings of Leon Here's what will be eating away at my brain all weekend -- * Do I even have to comment on this one? Seeking Help to Bring an MLS Team to Portland New York Times, United States - 14 hours ... read more

Some are bound for happiness, some are bound to glory Some are bound to live with less, who can tell your story? I was down in Dixie Land, played a silver fiddle Played it loud and then the man broke it down the middle. See the sky about to rain, broken clouds and rain. -- Neil Young A few ... read more

In case I haven't been perfectly clear, let me state it explicitly -- I can't tell a difference between the so-called "left" and the so-called "right". The Democrats and Liberals and Left people pretend they have all these principles like being for the little guy and against the big corporation...until they decide to vote for the TARP package that's so far sending $2.25 trillion of your ... read more

You wired me awake and hit me with a hand of broken nails You tied my lead and pulled my chain to watch my blood begin to boil But I'm gonna break, I'm gonna break my, I'm gonna break my rusty cage and run - Soundgarden (which is the greatest name for a band ever) * Remember the trading playbook here. I've been saying that we're likely range-bound ... read more

It's a random kind of thing Came upon a delicate flower I can't believe a machine gun sings Driveby, driveby  -- Neil Young I'll do my usual Weekend Vittles piece tomorrow, but in the meantime, here's a random collection of random thoughts - * We definitely need to bail her out, asap. Maid-Turned-Realtor Masterminded Las Vegas Mortgage Scam, Prosecutors ... read more

Say you don't need no diamond ring and I'll be satisfied Tell me that you'll want the kind of things that money just can't buy I don't care too much for money, money can't buy me love -   As if you can't name this band If you risked money on real estate in the last few years and now you own couple houses and a lot in town - The government's gonna take from someone else and help you ... read more