Archive for March, 2009
The Great Rape of Taxpayers Continues
March 30th, 2009Zero Hedge is an excellent blog. It makes me truly sad that we continue this massive bailout of companies, extending the pain and enriching Wall Street insiders, at the expense of every day taxpayers. It is sick and disgusting. This latest blog post by Zero Hedge, describes how the government is using AIG to funnel […]
Rio Bravo
March 26th, 2009I love the movie Rio Bravo, and I actually never knew anyone else enjoyed it as much as I do. So today’s Wall Street Journal article by Allen Barra took me by surprise. Here is a snippet:
French director Jean-Luc Godard called “Rio Bravo” “a work of extraordinary psychological insight and aesthetic perception.” British film critic […]
Liberals and Tax Cheating
March 24th, 2009The blog, Audacious Epigone, has a very interesting post describing a study showing that “Liberals do not consider cheating on taxes to be as morally problematic as conservatives do. This presents an obvious moral quandary of its own, as, putatively less surprisingly, liberals are more likely than conservatives are to favor greater amounts of taxation […]
Cheating
March 17th, 2009This is an excellent talk by Dan Ariely on cheating. (Got this from Paul Kedrosky’s Infectious Greed blog).
Still not sleeping
March 16th, 2009Harry Markopolos below talks about how he is still not sleeping well at night. This guy is a real hero in my book and really good man. I hope he realizes that he did much more than any other person involved in the Madoff scandal. He did his best to try to uncover the fraud. […]
Quote of the Week
March 10th, 2009In one instance the regulators asked her about her role in preparing the Stanford International Bank quarterly report. She replied it was her job to edit the report, checking the report’s pie charts “to make sure they equal 100.”
Pie chart comment
Are Natural Gas and Oil Prices About to Explode Higher?
March 9th, 2009The following is a very provocative presentation by Matthew Simmons with Simmons International and a proponent of peak oil. He makes a very compelling fact based argument that oil and especially natural gas are about to explode higher.
Particularly compelling is his analysis of a sample Haynesville Shale gas well, which on day 1, yielded […]
Dog Sledding
March 9th, 2009Great pictures from Boston.com on dog sledding. Check it out:
Dog sledding
Dispelling myths about the 1930s stock market
March 8th, 2009This is a great article by Mark Hulbert from Barrons. Here is a snippet:
MYTH 1: It took 25 years for the stock market to recover its losses from the high reached just before the stock market crashed in October 1929.
It’s easy to see why investors believe this myth to be true: It wasn’t until Nov. […]
What would the Talmud say?
March 8th, 2009A friend emailed me this article in Time Magazine about what the Talmud would advise about the financial crisis. I continue to believe that the way out of this crisis is to focus on a shared trust and faith. Virtue and responsibility are to in order and a basic morality. All of the frauds, deceitful […]