As my old friend Amos used to say “I don’t chew my cabbage twice”. Having recently commented on the AIG bonus fiasco I am not inclined to re-masticate the same topic. But the political response and media coverage has gone from absurd to obscene while remaining silent on the most important piece to this puzzle. [...]
Brace yourself boys and girls for this once in a lifetime headline. BigFrick agrees with President Barack Obama and Congressman Barney Frank, at least in part. The recent admission by AIG that they plan to use part of the huge taxpayer bailout they received to pay $165 million in bonuses to their derivative traders is [...]
Release the comedic hounds! I am neither an economist nor an equities advisor. My investments in the stock market have lost considerable value and I am pretty much in the same boat as every other investor. The recent collapse of the credit markets has caused over one trillion dollars in lost equity. That’s real money, [...]
You remember California Democrat US Congresswoman Maxine “Murky” Waters, don’t you? The Maxine Waters who tried to blackmail Shell Oil by telling them if they didn’t lower gas prices she would fight to get them and other American oil companies taken over by the federal government and nationalized. The Maxine Waters who made it onto [...]
Albert Einstein said “Insanity is doing the same thing over and over and expecting different results”. I’m afraid I must disagree and say “Insanity is watching somebody doing the same things over and over and actually believing that it represents change.” With a stroke of the pen the new president has signed into law the [...]
American aphorist Mason Cooley is quoted as saying “Human society sustains itself by transforming nature into garbage.” Perhaps if he was still alive today he would revise his statement to say “Nature is overcome by turning humans into garbage.” And if he wouldn’t say it, I sure will. The unfortunate and ghastly truth is that [...]
Racism or Capitalism that is the question. Whether tis nobler in the mind to suffer the slings and arrows of outrageous fortune, or to take arms against a sea of troubles. And by opposing end them. To buy black, to spend white no more, and by a purchase to say we end the heart-ache and [...]
“It’s still a matter of trust, but verify. Play, but cut the cards” – Ronald Reagan When dealing in the seamy world of international politics Reagan had the key. He knew first hand that just because the dog is wagging his tail doesn’t mean he won’t bite you. Time and again we have learned the [...]
Well dip my hair in Clorox bleach and call me Susan Powter but would somebody please STOP THE INSANITY !!!!! You can’t swing a cat in Washington DC these days without hitting a politician holding a media rich press conference damning some financial institution. I fully expect the next piece of legislation proposed on the [...]
Capitalism is probably the most powerful force in the universe. It truly is the ultimate voting experience where people get to vote with their hard earned dollars for the things that make the most sense. Voters complain about politicians they don’t like, but somehow they still seem to get elected or reelected. This is usually [...]
