Category Archives: finance

Gold hits 5 month high

Thanks Ben! Gold… Silver… Charts at kitco.com.

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Will Mark Zuckerberg Ever Pay Taxes Again?

Inquring minds want to know. Of course with the amateur hour Facebook IPO, he may need to start supporting the stock price himself!

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Hard to Fathom?

The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. and it  P A I D   N O   T A X E S No wonder their CEO … Continue reading

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The American public: Debt ignorance

Good grief. I didn’t realize the general public was a stoopid as the Boulder progressive elite. More than 7 in 10 respondents say slashing foreign aid and pulling troops out of Iraq and Afghanistan would result in substantial savings, and … Continue reading

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Plan from Deficit commission chairman

It doesn’t appear that the deficit cutting proposals from the Deficit Commission’s leadership of Erskine Bowls and Alan Simpson will be accepted by the rest of the commission.  Members of both parties have issues with different aspects of the plan. … Continue reading

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Debt is destroying the dollar

George Will comments. Here are a few choice quotes… America, says Lindsey, will not become Weimar Germany, where hyperinflation caused people to rush to stores with satchels of rapidly depreciating currency. But, he adds, no country has successfully behaved the … Continue reading

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Lou Dobbs resigns…

I smell policitcs in his future!

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Started strong, ended strong

We could use more days like this. I suggest tomorrow! The rally has extended to Japan.

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Too bad…

Congress Approves Bill to Prevent Government Shutdown

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Do over on Wall street

Today was almost a mirror image of yesterday.

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Public debt to the penny

As of January 22nd it was 10,618,718,703,374.78 Updates available via the Bureau of Public debt.

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Your retirement money’s safe with us

Darren over at Right on the Left Coast brings us an update on the safety of the California state teachers retirement system (CalSTRS)… *Defined benefits, like yours with CalSTRS, can deliver the same level of retirement income to groups of … Continue reading

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No pay raise for Congress

Congress is set to receive an automatic 2.8% pay raise. Although small, the symbolism is large. A public debate would be nice. Hat-tip to Instapundit.

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Chart of the Day

A look at the magnitude and duration of previous market sell offs. Visit the Chart of the Day website here and get your free subscription.

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How Dow?

Hopefully all the leverage is getting flushed out of the system. These end of the day selloff’s are getting really old. A small silver lining is the Asian stock markets are not falling in line. Below are single day (Friday) … Continue reading

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Obama’s gift to the market

Would the market have performed differently if McCain had won? I don’t honestly know, but it’s easy for me to believe it would have. Oh well!

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A Rally!

Signs of life on Wall Street today. Instead of puking out stock at the end of the day, everyone was buying.

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Young voters wake up…

Robert Samuelson via Betsy on young voters being taken advantage of by the older voters. You’re being played for chumps. Barack Obama and John McCain want your votes, but they’re ignoring your interests. You face a heavily mortgaged future. You’ll … Continue reading

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NY Times and General Motors

What do they have in common? How about a horrible looking stock chart over the last 4 years. Admittedly, GM has done much worse the last few months but before that that GM’s stock was outperforming the Gray Lady’s stock. … Continue reading

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LOL… Calling a top

Well it looks like I called a daily top with my previous posting perfectly. It was pretty much downhill from the moment I submitted the post. Here’s the graph for the day. All in all, it was a better week … Continue reading

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