Jon Stewart Goes at the Republican Rhetoric: “Class Warfare on Job Creators”
When President Obama recently proposed Jon always manages to surprise me with his ability to tame the beast with well thought out arguments and great…
USA
Operation Twist for the Twisted
The central bank chairman with God complex, who arrogantly proclaimed that he could have saved the Great Depression may have been leading us in the…
Ron Suskind Sheds Light on Innerworkings of Obama Presidency
In the news roundup segment of my Sept 16th show I made a mention of Ron Suskind’s book on Obama’s Presidency. This may be the…
Netflix’s Quickster! (LOL) [Updated]
Netflix now trading at 139 (premarket) dropped another 20 points from when I exited my tiny bearish bet last Thu. Yesterday the CEO issued a…
A Rumor a Minute, 5-Point Swings a Minute: This is the New Normal?
Stock markets around the world have new fuel for rally: rumors. There is a rumor every minute. Yesterday: “China to buy Italian bonds.” Not true….
Twin Towers, The Symbols of Sept 11, 2001 Tragedy, Remembered
The prime target of the 9/11/01 terrorist attacks, the Twin Towers of the World Trade Center may be gone, but the memories are with us…
DISH Network to Serve Streaming in Competition with Netflix
Not just Amazon, DISH is going to start competing with Netflix. DISH also bidding for HULU. Netflix, the stock, is a toast. (Via Bloomberg) Dish…
Dan “Shitty Deal” Starks’ More “Shitty Deals” were Cited in FHFA Complaint
Remember this colorful exchange between Senator Carl Levin (D-MI) and Dan Starks of Goldman Sachs, who described in an internal e-mail that the securities Goldman…
Markets Take Horrible Jobs Data into Stride, FHFA Sues Banks
The month of August accounted for zero job growth in the USA.(HuffPo) The U.S. economy added no new jobs in August as the unemployment rate…
Orwillian Dogma: “Not All Tax Relief is Created Equal”
Definition of Orwellian: “Orwellian” describes the situation, idea, or societal condition that George Orwell identified as being destructive to the welfare of a free society….
Jon Stewart: World of Class Warfare – The Poor’s Free Ride Is Over
Look friends, I am no defender of welfare. By all means those able bodied who depend 100% on government welfare throughout their lives are…
Update (Aug 18, 2011): Panic Hits World Financial Markets. Again.
5:00 PM Update: “Must read” articles on Fed getting Concerned about European bank liquidity problems. WSJ: Fed eyes European banks FT Alphaville: Should the New…
Vaniti Fair: Of the 1%, by the 1%, for the 1%
I am sick and tired of a vocal minority calling the US as or becoming a socialist country. These loud mouths are controlling the debate…
Morning Update: 2011-08-10
This can’t be good (another RED ALERT): The much awaited bounce from extremely oversold conditions has happened yesterday. I was going to say that it…
Mohan on TV9 – Aug 8, 2011 (Updated)
I have been busy all day and didn’t get to follow most of the day’s developments. Wow, what a day on world stock markets. At…