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Random Thoughts

Thoughts on Tax Day

by phillenbrandApril 15, 2009 Bailout

Ahhh tax day, one of the few days each year that everyone loves to hate. This year, though, the tax man’s dues have been met with a larger amount of resistance than usual. Across the country, protesters have gathered at a number of cities to vent over their disdain for taxes. I’ll be the first [...]

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Conspiracy Theories 2008: Where are they now?

by phillenbrandApril 13, 2009 Random Thoughts

Been busy packing my bug-out-bag, readying the remote retreat and stocking up on 100 Things that Disappear First. While we’re waitin’ on 1Q09 earnings, howz about a review of some of last year’s conspiracy theories and a look at where they are now.
You’ll remember reports of new, family-oriented prison camps being built around the US; [...]

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New game lets you get a bonus and a bailout for screwing up the bank

by Constantine von HoffmanMarch 26, 2009 Bailout

“Crunch, The Game For Utter Bankers” is a card game for anyone with a distinctly gallows sense of humor:
[It] allows you to experience the upside of down. Placed in the role of a global banking CEO, you have to juggle the conflicting demands of your ailing bank and your flourishing bank account. … Each player [...]

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Housing starts go up in February and no one knows why

by Constantine von HoffmanMarch 17, 2009 Economy

Multi-family homes (apartments) seem to be behind the comparatively big increase.

BBC: US new homes increase by quarter “The rate of construction of new homes in the US soared by almost a quarter in February compared with the previous month, official figures show.”

AP: Housing starts surge; wholesale prices edge up “Housing construction posted a surprisingly large [...]

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Morgan MIA at SXSW

by MorganMarch 11, 2009 Random Thoughts

Hi Gang,
Morgan here. I will be out of range for a few days while I attend the South by Southwest Interactive festival in Austin, Texas. I’m sure the rest of the writers will keep it going for you, but I wanted to give you a heads up that I’ll have exceptionally limited blogging [...]

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Jon Stewart Skewers Santelli and CNBC

by MorganMarch 5, 2009 Bailout

As much as I enjoyed Rick Santelli’s rant about the Obama administration’s homeowner bailout; Jon Stewart takes the cake with this pointed (and hilarious) retort which basically ruins the network for its well-known perma-bull bull#$%@.
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The Daily Show With Jon StewartM – Th 11p / 10c
CNBC Gives Financial Advice

Daily [...]

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Is Owning A Home A Dream?

by phillenbrandMarch 5, 2009 Random Thoughts

I’m often told that part of the the reason behind government intervention is that Uncle Sam needs to preserve the idea of the “American Dream.” I find this curious considering that I’ve met a number of people who choose not to own a home for a variety of reasons, but still consider themselves fulfilled and [...]

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Credit Crisis Explained

by MorganFebruary 27, 2009 Random Thoughts

I know this has been around for a long time, but I think this is a very elegant animation and description of the problems we face:
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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“Wall Street Fighter”: Economic Crisis as video game

by Constantine von HoffmanFebruary 24, 2009 Random Thoughts

See The Fed vs. ROI!
Dow Jones vs. Goldman!
Watch as Fannie Mae gives Merrill Lynch the dreaded No Bailout Bird!
!!!!ALL THIS and MORE in the ULTIMATE MELTDOWN SMACKDOWN!!!!

Watch it on YouTube. NOW!

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