Banking Fees? Cyprus Gets Creative/Confiscatory

oldfashionedway — Sat, 16 Mar 2013 22:54:48 GMT

http://www.marketwatch.com/story/cyprus-bailout-comes-at-a-cost-to-bank-depositors-2013-03-16

Coming to your financial institution in the near future...

Federal Fiscal Alchemy

oldfashionedway — Wed, 12 Dec 2012 12:18:40 GMT

http://www.businessinsider.com/the-trillion-dollar-coin-solution-to-the-debt-ceiling-2012-12

Print and/or mint...

Officially endorsed by the Republic of Zimbabwe!

The fiscal cliff: will Boehner & Obama choose the "Thelma & Louise" option

oldfashionedway — Fri, 30 Nov 2012 19:26:36 GMT

Instead of actually working to resolve the financial mess the government has created over the past 60 years, the leadership of both parties apparently prefers to play "chicken", trying to accomplish something by doing nothing.

Once again, the Republicans claim to be standing their ground on another "no new taxes" pledge, which almost certainly will be a pre-emptive dealbreaker for the ...

VNR: an oil and gas play

oldfashionedway — Sun, 04 Mar 2012 15:05:31 GMT

I am considering adding a $20K position in Vanguard Natural Resources to my portfolio. The CAPS players' consensus appears bullish. Any FOOLISH thoughts, pro or con?

Paying the Piper: Financial Repression

oldfashionedway — Thu, 02 Feb 2012 22:04:04 GMT

The continuing manipulation of national economies and individual investors.

http://www.imf.org/external/pubs/ft/fandd/2011/06/Reinhart.htm

John T. Flynn, an outspoken critic of the Roosevelt administration, suggested that the economic theory at the heart of the "New Deal" wasn't really new. Almost seventy years later, As We [ Continue ] Marching, it is unfortunate where the "lines of least resistance" have taken our country.

40,000 new laws?

oldfashionedway — Wed, 04 Jan 2012 11:16:41 GMT

"Did you really think that we want those laws to be observed?" said Dr. Ferris. "We want them broken. You'd better get it straight that it's not a bunch of boy scouts you're up against—then you'll know that this is not the age for beautiful gestures. We're after power and we mean it. You fellows were pikers, but we know the real trick, and you'd better get wise to it.

The Pension Problem

oldfashionedway — Sun, 23 Oct 2011 13:26:26 GMT

http://www.cnbc.com/id/45006325

Just Another day at the Office: The Federal Reserve Bank of N.Y.

oldfashionedway — Tue, 11 Jan 2011 12:30:18 GMT

http://www.cnbc.com/id/41019109

The "Pre-election" Rally

oldfashionedway — Wed, 29 Sep 2010 00:40:16 GMT

Cautious people who frequent TMF invest with the understanding that most equity markets are "managed", if not out right manipulated. The recent rise in the US stock market may simply be a byproduct of the declining USD. However, the "tin foil hat crowd" might entertain a slightly more conspiratorial explanation for 2010's bull run. Now that the "recession" has been officially declared over ( can you say Mission Accomplish...

Friday: The Wall Street version of a "Do Over"?

oldfashionedway — Thu, 06 May 2010 19:44:10 GMT

Somebody has some 'splainin' to do. I would be suprised if ANY of the trades that actually went through this afternoon are valid. Don't hold your breath until you recieve a copy of the confirmation.
We can trust the system, can't we?
http://www.marketwatch.com/story/sec-cftc-reviewing-uns...

Liar's Poker Revisited

oldfashionedway — Sun, 31 Jan 2010 09:48:46 GMT

I was killing some time, and raising my cholesterol level, a few weeks ago in a local McDonald's when I ran across an article by Michael Lewis in the Nov. '08/Dec. '09 issue of Portfolio magazine. If there was ever any doubt how Wall Street works, this article reconfirms what most serious investors have suspected all along.
The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar...

Zombulation or Zimbabwefication?

oldfashionedway — Fri, 04 Dec 2009 09:00:29 GMT

An exerpt from an article over at Marketwatch by Howard Gold:
'Chaos was the watchword in Zimbabwe, too, a country run by dictator Robert Mugabe. He had expropriated land from white farmers and spent hundreds of millions of dollars in a war in Congo, while inflation rose and his people's standard of living deteriorated.
As prices soared, Zimbabweans abandoned their own currencies for the U.S. dollar and South African rand. The governme...

$SPX vs. $GOLD

oldfashionedway — Mon, 09 Nov 2009 19:57:16 GMT

An informal survey of Fooldom: Which do you think will end the year with a greater value, the S&P 500 index or an ounce of gold? Both have traded near 1100 of late, understanding that the latter is in US$, while the former is just a nominal value.
I welcome any "irrationally exuberant" comments and/or "apocalyptic" prognostications!
While pondering the ongoing debate, 'Are we in a Bear Market rally or is this the beginning of a new Bull Market run', I pulled up a ten year chart of the SPY index, (which is very easy for even a financial and computer novice like myself, courtesy of the brilliant people at TMF). I then simply added the 200 day moving average, which produced a line with two distinct 'ridges' and two...

And lead us not into temptation...

oldfashionedway — Fri, 24 Oct 2008 14:44:36 GMT

For over a year I have been casually following a REIT which was mentioned by a Motley Fool writer in an August 2007 article. Its price has steadily declined in lock step with the rest of the market this year. It is presently yielding +25%, which is tempting me to try some "near-bottom" fishing. As always, I will defer to the advice and wisdom of the CAPS community. Is it delusional to expect the company to maintain such an a...

Toto, I've a feeling we're not in Kansas any more...

oldfashionedway — Tue, 09 Sep 2008 00:11:07 GMT

I can't decide if it is more fitting to compare the United States' financial condition to Alice in Wonderland or the Wizard of Oz. We all know some one is behind the curtain manipulating the markets and the economy. I am certainly disoriented and distressed by the tornado that has been the 2008 US stock market.
The "rules" change daily. Investing has devolved into speculating, trading and gambling. Exotic ...

The Four Horsemen of the Economic slowdown

oldfashionedway — Sun, 24 Aug 2008 22:23:20 GMT

There has been much debate here at CAPS regarding inflation/deflation. I would like to muddy the waters with a few random thoughts.
Anyone who has been to the supermarket or a gas station in recent months is painfully aware of PRICE INFLATION. A gallon of milk or a pound of ground beef as well as most of the items on your shopping list seem to be slowly creeping up in cost each week. With increasing costs of raw materials/ingre...

FDIC FRIDAYS: another one bites the dust!

oldfashionedway — Fri, 22 Aug 2008 21:53:55 GMT

I was at the MarketWatch website and ran across someone commenting about another bank failure. WSJ.com has an article about the Columbian Bank and Trust Co. of Topeka, KS. We can look forward to monthly/weekly/daily closures through the remainder of 2008 and into 2009...
To be continued...

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oldfashionedway's Blog

Banking Fees? Cyprus Gets Creative/Confiscatory

Federal Fiscal Alchemy

The fiscal cliff: will Boehner & Obama choose the "Thelma & Louise" option

VNR: an oil and gas play

Paying the Piper: Financial Repression

40,000 new laws?

The Pension Problem

Just Another day at the Office: The Federal Reserve Bank of N.Y.

The "Pre-election" Rally

Friday: The Wall Street version of a "Do Over"?

Liar's Poker Revisited

Zombulation or Zimbabwefication?

$SPX vs. $GOLD

And lead us not into temptation...

Toto, I've a feeling we're not in Kansas any more...

The Four Horsemen of the Economic slowdown

FDIC FRIDAYS: another one bites the dust!