Well okay, everyone is entitled to have an off day.
But the evidence suggests that the Fed’s haven’t got a clue as to how to maximize the asset sales of their newly nationalized holdings.
The most recent buzz is over the shotgun sale of the old Phibro (originally known as Phillips Brothers) oil trading firm by Citigroup […]
Investing insights range far beyond the arcane world of financial statements and Federal Reserve policy decisions.
The foundation for investment is an economic order based on private property rights, the sanctity of contract law…and most importantly…
Peace and Stability
I’m now tracking a highly volatile global security issue that threatens to be the dominant theme for the next […]
You have to be a real grouch these days to advocate against the flood of free money.
I don’t mind the job. Someone has to be the skunk at this picnic.
Where to start?
1. This is not $4,500 of free money.
Your trade-in clunker is valued at its scrap value only, minus a $50 handling fee for the […]
The dumbing down of the economy has just registered a new low.
The CFTC (Commodity Futures Trading Commission) has just reversed its finding of last year, and has determined that speculators and traders are to blame for the spike in oil prices.
In a related discovery, the new activist administration has just announced that they have conclusively […]
I’m sure you all remember the classic definition of insanity….doing the same thing over and over again while expecting a different outcome.
The definition fits national energy policy hand-in-glove…with no relief in sight.
I’m indebted to Robert Bryce’s “So Much for ‘Energy Independence” in the op/ed section of the Wall Street Journal (July 7, 2009, p 15).
I’m […]
Like your favorite disc jockey, Blue Jeans Millionaire does take requests.
Loyal reader Ellen Grayson asked if we could take a look at the hot new topic de jour:
Cap and Trade
In theory, the proposal involves the use of market incentives to shape the behavior of manufacturers who emit pollutants into the atmosphere.
The “Cap” refers to the […]
Our March 12 post on this topic has generated some topics worth following up.
Nothing in economics and personal finance is as complex as the dichotomy between owning and renting our housing.
In response to Toli’s comments…I was gratified to learn that technology will help to relieve pressure on long commutes to the ‘burbs.
We should not once […]
“Life isn’t fair. It’s just fairer than death, that’s all.”
William Goldman, famed screenwriter
2009 promises to be yet another challenging year, but in no way a carbon copy of 2008.
That’s at the core of my disconnect with all the expert talking heads who have internalized the wreckage of the past year and project yet more […]
