There's some trouble in saying that you want the government to own the banks for the short term only. And that is, who is going to make the government divest? Voters? I'm not positive, but I would be willing to bet that voters will be thinking about other things 5, 10, or 15 years from now, or whenever we now think will be the right time for divestiture. The historical fact is that when any government anywhere gets more power or more stuff, they find ways not to give it back. [more]
If you haven't read it, read it here. This is dumber than recommending Select Comfort four times. They're actually telling us to demand that our congresspersons nationalize the banking industry. What's next? A burning of balance books? A fire in the U.S. Treasury? Renters having to wear insignia on their arms showing how unpatriotic they are? A night of broken IRA's? [more]
As the L.A. Times reported in 1999, [more]
Olay's new body wash now has an actual ribbon of moisture! It's true: I just saw it on TV.
I suppose their competitors have been taking advantage of the gullible by including a fake ribbon of moisture.
This is more than anyone ever wanted to know about stock trades, but everybody has to know it whether they want to or not. [more]
Check out his picks: they don't have "mar" in the company names. Wasn't that the criterion?
Read about it right here. That is, ironically, why I sold some FMD calls for a loss just hours before they quadrupled in value.
El Teatro del Risible con Fleabagger: [more]
...who owned ACAS before it jumped about 40% in two days (or, as I had, bought it for your dad's IRA)?
I'm not sure why they didn't give me back the fat man when my rating dropped below the privileged 90+ level, stripping me of my Maltese. But anyway, I decided to take the opportunity to make a change. I don't want a dog, lest Sprite think she's replaceable. I picked the cat, because it is really fat, and I like the idea of being a fat cat (no longer in the figurative sense). It hasn't shown up yet. I don't remember if there's a delay on normal avatar switches or not, but I'm waitin', waitin', waitin'... [more]
How's this for a gutsy call? Today Moody's's (MCO) share price is almost 12 times the share price of Lundin Mining (LMC), but within the next two years, Lundin's share price will be 12 times Moody's's. [more]
...because the Motley Fool folks sent an email to my HG-subscriber mild-mannered alter-ego saying We know it looks bad, but we're pretty sure people will start making money in stocks at some point... eventually. In the meantime, please don't cancel your subscription(s).
By the way, AIG sure got whupped, huh?
I haven't blogged in over 3 weeks (except on my shamelessly profiteering blog). Going by recs, I haven't blogged well in even longer than that. But I'm back now, and I have something to say. [more]