Monday, March 02, 2009
European banks have $24 trillion of toxic assets on their balance sheets.
What do you want to bet that US banks have a greater amounts of toxic assets?
Sunday, March 01, 2009
so the whole "tea party" thing is astro-turf.
now maybe those dozens of protesters will have to have a little crow w/their tea.
Saturday, February 28, 2009
Friday, February 27, 2009
"no empirical basis" for suggesting Mexican cartels are using weapons from America
Lou Dobbs defies credulity. This is the problem when you give up science for...faith. Lou Dobbs is a rich, influential fool.
Wednesday, February 25, 2009
Monday, February 23, 2009
Saturday, February 21, 2009
if you don't cull the herd of insolvent banks and let the market bottom out, you won't be able to start the climb back up.
Many market participants think capitulation -- when investors take their losses and get out of the market altogether -- must precede a major market recovery.
"We have not reached high enough levels of fear in the options market to suggest that this test of the lows is going to be successful," Arbeter said.
"We have not reached high enough levels of fear in the options market to suggest that this test of the lows is going to be successful," Arbeter said.
Thursday, February 19, 2009
GOP Governors Consider Turning Down Stimulus Money
So says Huffington post. Poor kabuki theater. They will take the money.
Wednesday, February 18, 2009
Legal memos submitted to justify torture were slanted to fit administration policy.
Just as other memos (read 'intelligence') was slanted to fit administration policy in Iraq.
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