So you want to double your money? I'm going to tell you how to do it. And it will only hurt for just a second. [more]
Pilgram' Pride and other egg producers are being investigated by the US Justice department alledgedly fixing prices. [more]
Here I sit having just watched a program on PBS about the Mayan calendar calling for the end of the world in 2012; the mortgage crisis, what will the FED do, who will the SEC and the FBI arrest next and is this the start of a severe depression?; economists, activists, reporters and even the guy down the block saying oil prices and supply will surely be the end of us all; the war in Iraq and Afganistan (not to mention the possibility of a conflict with Iran and/or North Korea sounds so omnious, I guess I should have a good cry and wring my hands too. [more]
Carpe Diem = Seize the day
Carp in Denim = Fish in pants
And we all smell something fishy with these bank stocks. What will the FED do? Are there anymore banks willing to buy these troubled banks? I think I will put my money in a shoe box instead of the bank stocks.
Who would have thought that after the savings and loan disaster of the 70s and 80s we would ever see such a disaster (criminal or otherwise) in our financial markets again? Or the insider trading fiasco? (35 day months I mean really, or the 3.5 month quarters, the bonuses for CEOs for bad performances, and the back dating stock options, come on) Now the politicians are going to investigate the (seemly) runaway oil futures investors? Does anyone smell anything fishy? I will be the first to admit that our system works well on greed, tempered greed. Just remember gluttony when combined with hogs could lead to, dare I say it, (political interference) disaster and criminal behavior. Once the public decides that the system is broken the politicians will get involved and then look out. Some regulation is necessary, but we need to beware the public backlash that I feel is coming 'round the corner. It's already been a part of the political debate and now the politicians are talking investigations. Attention market marshals get your 'ol' corrals in order. No more russlin and carry'n on. The new Judge might just be the hanging judge if you know whut I mean? Just a thought. You know a barrell of oil doesn't make that many gallons/litres of gasoline. How many gallons/litres do you get from a barrel anyway? [more]