Last week, Rep. Paul Hodes (D-New Hampshire) famously quipped the answer to the question “What does AIG stand for?” as: “Arrogance, Incompetence & Greed”. That got me thinking about how mad I’ve been about this whole financial sector bailout thing, simmering just under the brim of my thinking cauldron. First, I’m gonna do some complaining. Then, I’ll get to some answers to that question myself. [more]
This is just too cool not to blog about, and I hope you’ll pardon me for a little display of pride, for this blog has nothing to do with investing, but when connections like this are made, each of us can realize how we can affect literally billions of people on this planet and all of their future generations. My contribution to that affectation is infinitely small compared to others nearer the project, but I still feel a tiny connection there, and am excited to have contributed my itsy-bitsy tiny portion to achieving something so great, something that may impact countless generations ahead of me. Let me explain. [more]
Are you just Marvin the Robot depressed?
I've been ordered to take you down to the bridge. Here I am, brain the size of a planet and they ask me to take you down to the bridge. Call that job satisfaction? 'Cos I don't. – Marvin the Robot, HHGTTG. [more]
Secretary of the Treasury Tim Geithner explains how the banking bailout will all work out with the government’s new “Retro Entabulator” policy (explained in the video). Pay close attention so you don’t miss a single cardinal gram-meter synchronization. [more]
Whose bottom are we going to see this week? Not the S&P500's, despite near-constant chatter about its possibility here and elsewhere in the news & marketplace. I think you're more likely to see Britney's bottom than that of the market's this week. With that said, however, I do believe we will see a rally this week, probably starting tomorrow morning (Tuesday, 3/3/2009; I'm writing this late Monday night) or Wednesday. [more]