Happy Hour

Here’s what I was asking myself rhetorically today: 1. Still Think I’m Crazy? 2. American Express: Welfare Institution 3. Bankruptcies Would Be BULLISH! 1. Real headline of the day: “U.S. Housing Prices Collapse at Near-Depression Pace After Purchases Slide.” Think about that for a minute. We’ve thrown trillions at housing and nationalized the entire mortgage industry in ... read more

1. Forced Lending Will Destroy Housing 2. Housing Cannot Rebound For Years 3. Trade With The Kremlin? No Thanks 1. It stands to reason that the only self-sustaining system is one where private-profit-seeking companies with self-serving interests trades/lends/borrows/invests because they can create profits from doing so. Our new system is built upon welfare institutions that are soon to ... read more

But give my daddy a job cause he needs one Hes got lots of mouths to feed But if youve got one, I'll have a machine gun So I can scare all the kids down the street Father christmas, give us some money We got no time for your silly toys We'll beat you up if you don't hand it over Give all the toys to the little rich boys -- The Kinks The liars and crooks who run the investment banks ... read more

1. Non-binding means FREE! 2. Bailouts Makes Bear Markets 3. Give Time and Energy For Xmas! 1. Non-binding. Not one thing is binding in the unconstitutional $17 billion welfare grant we just gave to the people who supposedly took risks when they bought shares or lent company to a bunch of managers who were borrowing money to buy back shares at 15x the current price of the stock. Free ... read more

1. Carry The Dollar Trade to the Trash 2. Let the Bear Market Come to You 3. All We Want: Honor Thy Contract 1. If you’re a big bank who can now borrow money in the US at zero percent, and you’ve got branches in other countries where the government pays 5% interest, then you have an almost guaranteed money making set up. They tell us that we need more money in this country…then why ... read more

1. Will Treasury Ever Admit Defeat? 2. Vote ‘Em Out To Make It Better 3. Start Your New Fund in 2009 1.Real headline of the day: “Treasury Benefits From `Massive Paranoia' as Bailout Borrowing Cost Falls” But I thought the guy in charge from Treasury in charge of making sure that the TARP Wall Street bailout fixed everything told us that the one thing we know for sure is: we did ... 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

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

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

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