I owe someone an apology: brickcityman. I misread his comment here and misinterpreted his intentions. I am sorry, brickcityman. I was 100% wrong. I was as wrong as butterfly collars and man bags. I was wrong as broccoli flavored cotton candy! In my defense I am stuck at home with bronchitis and should not be engaged with any activity that involves rubbing more than two synapses together. So I was also wrong about signing onto TMF in such a state as well. I will now retire to the couch to see what the Discovery Channel has to offer. Hopefully this will not result in an apology letter to Mike Rowe or Ben Bailey. [more]
Marc Faber is practically saying that Alstry is his love child and that before we die we will here the lamentaions of our economies. [more]
I live in the ‘burbs northwest of Atlanta in Cobb County, Georgia. It has been raining here for almost a week and a half with little to no breaks. The night before last we had 12 to 15 inches of rain drop in our area in a twelve hour period. Yesterday things got worse while I was away from the house. An even larger storm hit the neighborhood and made things interesting. Storm drains already overwhelmed by the volume of water could not take the added flow and backed up. Water that should have gone onto the drainage easement on the north side of the house ran down the hill towards the front of our home but followed the contour of the land and parallel to the easement anyway causing no damage. A neighbor, across the street, had an above ground pool that ripped open, flooding his basement and garage and sent a small tsunami at my house and a neighbor’s. Thankfully the flow thinned out as the water came down our driveway. On the same side of the street as the now empty pool a small creek overflowed, carried a number of logs into an empty lot and sent water into another home. The creek at the back of our property, which never EVER crests, not even when assaulted by the rains of hurricanes Frances and Charlie in 2004, ran over it banks. Thankfully our side of the creek is higher than the opposite so we were not in danger of water reaching the house from the back. In the middle of all this mayhem our sweet neighbor was periodically raking the muck away from our French drain at the very bottom of the driveway because we always have a shallow lake in front of the garage after a big rain if it is not tended to. She was worried the water would get into our garage. Thanks in part to her help and the contractor that built the house almost thirty years ago the house did not flood despite of being built at the lowest point in the neighborhood. We did lose our water heater, as I found out while running the shower this morning, but that is the worst of it. The unit is in the crawl space and is setting upright, but in a hole. Maybe the hole is full from the elevated water table? I don’t know. When the plumber comes out we’ll know for sure. [more]
"Economist warns of double-dip recession."
I'm not going to cut and paste this one. The more hits they get the better.
Proof of deflation! Everybody panic!!!
Happy Friday! I found this link to a page that contains various charts concerning silver. Some of you may find it helpful.
Almost two weeks ago I claimed that the Obama administration is going after the insurance industry in a seek and destroy manner. At least one fellow Fool told me in response that I am not right in the head for thinking so. Well, today I was wasting some time on the net when I ran across the following rant by Neal Boortz, radio talkshow host and loudmouth. He seems to be of the same opinion as I am. It is nice to be ahead of the curve. Click HERE for the rant. Enjoy. [more]
Click above for the big reveal. Very sad.
Click here to read. I am not going to cut and paste this one for you.