April 29, 2008 at 9:04 am
I remember going to Washington after 9/11 to meet with attorneys whose offices were on one of the beautiful parks in downtown DC. Each trip I noticed less and less African-Americans downtown. At lunchtime, I would go to a hip lunch place that sold expensive but terribly fresh soups, salads and sandwiches. The only dark skinned faces I would see were behind the counter. They were either young African-Americans who were very hip and friendly, or immigrants. They projected a masterful, theatric delight for the opportunity to serve an ongoing sea of white people interspersed with a rare African-American attorney or accountant also looking for lunch.
Continue reading ‘Solari Investment Strategy - Where Did the People Go?’
April 28, 2008 at 6:04 pm
The Buddha says, “Those who are awake live in a state of constant amazement.”
In the blink of an eye, Bear Stearns goes from $70 a share to being picked up for a few dollars a share by JP Morgan Chase, all financed by the Federal Reserve. As discussed in earlier posts, Elliot Spitzer can no longer complain as he is no longer Governor. JP Morgan has set up a $6 billion litigation reserve, so hard to imagine too many members of the American Bar Association will complain. Put trading patterns indicate that Bear Stearns demise could profitably be called “financial cannibalism” or a “financial assassination”. It appears that the put trading anticipated that Bear Stearns would fail. After Bear Stearns goes down, suddenly the price of gold heads down as well. The dollar is flying up.
Continue reading ‘A Question on Philanthropy’
April 28, 2008 at 9:04 am
Don Cox on Business News Network ~ Food Inflation
Business News Network (30 Apr 2008)
James Turk: A Four-Month Review
GATA (1 May 2008)
Numbers Racket - Why The Economy is Worse Than We Know
By Kevin Phillips - Harper’s Magazine (1 May 2008)
Jersey Lawmakers Consider Tax on Fast Food
By Christine Sloan - WCBStv.com (30 Apr 2008)
Obama’s Subprime Pal - Penny Pritzker
By Abdon M. Pallasch - Chicago Sun Times (28 Apr 2008)
Inflation Fears and Food Shortages
By James Turk - GoldMoney (28 Apr 2008)
Calpers Chief to Step Down in Latest Exit [Must subscribe to see full article.]
By Craig Karmin - Wall Street Journal (29 Apr 2008)
Ex-JP Morgan Muni Derivative Chief Targeted in Probe
By Martin Z. Braun - Bloomberg.com (28 Apr 2008)
Bailout of Bear Stearns Questioned by Ex-Fed Staffer
By Greg Ip - Wall Street Journal (29 Apr 2008)
Your ‘Stimulus’ Check Will Cost You More Than It’s Worth
By Max Keiser - Huffington Post (27 Apr 2008)
British Bank Bailouts To Be Kept Secret
By Dan Atkinson & Simon Watkins - thisismoney.co.uk (27 Apr 2008)
Dollar is Still Falling, Metals Are Still Rising
By James Turk - GoldMoney.com (28 Apr 2008)
How UBS Came Undone
By Roderick Boyd - CNNMoney.com (23 Apr 2008)
Euro Dives as Wheels Fly Off Eurozone Economy
By Ambrose Evans-Pritchard - London Telegraph (26 Apr 2008)
Rockefeller Pledges 100 Million Dollars to Harvard
The RawStory.com (25 Apr 2008)
Many States Appear To Be In Recession
By Andrew Welsh-Huggins - Associated Press (25 Apr 2008)
U.S. States ‘Deteriorating’ Amid Slump, Lawmakers Say
By William Selway - Bloomberg.com (25 Apr 2008)
Criminals Target Energy, Financial Markets, Mukasey Says
By Terry Frieden - CNN.dom (23 Apr 2008)
Wachovia to Pay $144 Million for BIlking "Gullible" Seniors
The Consumerist.com (28 Apr 2008)
The Queen of Pork
By Matt Taibbi - Rolling Stone (1 May 2008)
Nobel Winner Stiglitz: US Facing Long Recession
CNBC (25 Apr 2008)
April 28, 2008 at 9:04 am
April 28, 2008 at 9:04 am
April 28, 2008 at 9:04 am
Sunspot Numbers - In 1610, shortly after viewing the sun with his new telescope, Galileo Galilei made the first European observations of Sunspots. Daily observations were started at the Zurich Observatory in 1749 and with the addition of other observatories continuous observations were obtained starting in 1849. The sunspot number is calculated by first counting the number of sunspot groups and then the number of individual sunspots. —— more . . .
The Transformation of the God-Image
By Paul Levy - awakeinthedream.com (Apr 2008)
Marilyn Monroe Sex Film to be Kept Private
Reuters (15 Apr 2008)
April 28, 2008 at 9:04 am
April 28, 2008 at 8:04 am
I posted the following to a group discussing Peter Barnes book, Capitalism 3.0. It expresses some of my ongoing concern with proposing solutions without an accurate diagnosis of problems and concern that not-for-profit structures will be used as trojan horses by New World Order economic warfare.
Continue reading ‘Financial Ecosystems - Capitalism 3.0′
More Slow Burn . . .
Special Thanks to Rob Kirby of Kirby Analytics and LeMetropole Café.