June 2011
June 28, 2011 –
It doesn't matter if we're talking about individuals, corporations or countries, defaulting on your debt obligations gets you in the dog house. You can't borrow because creditors are wary and they'll demand a high interest rate if they are willing to loan at all. [more]
June 24, 2011 –
Those who know my writings know that I'm a principled small gov't advocate who doesn't believe in fiat currency or debt. That said, if I was the Prime Minister of Greece today, I would NOT follow this advice. [more]
June 23, 2011 –
Lets look at a little "reality". [more]
June 21, 2011 –
According to the WSJ, the markets are moving up today on optimism the Greek parliament will vote for a confidence vote in Prime Minister Papandreou. [more]
June 15, 2011 –
The Motley Fool is keeping me and many others from making a ton in CAPS, all because their systems aren't up to date (no it's not a conspiracy theory). With Pandora (NYSE:P) trading over $23/share all CAPS players could easily make 50 pts in the next twelve months with a simple thumb down. But the stock isn't in their system yet! Oh the madness! [more]
June 08, 2011 –
I was intrigued by the Coffee Party Movement (CPM). They are a group that was supposed to be more logical than the TEA Party movement. My only issue with the TEA party is they seem to be very pro-military, anti-Moslem, pro-Patriot Act. Basically I see a lot of the TEA party as anti 4th Amendment and pro-Deficit as long as those deficits are oriented towards kicking someone's a$$. [more]
June 07, 2011 –
Buying gold at its absolute peak in 1980 ($675) and holding it for 20 years (2000 - $284) has got to be the all-time worst investment ever - a loss of 58%. Sure you could argue who would have put their life savings into gold exactly at its peak in 1980, but 20 years sure is a long time. "Why I can't think of a worse investment!" [more]
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