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Archive for March, 2009

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The “Why” Behind the Madoff Fraud

Friday, March 13th, 2009

Okay, I finally got to read a little as to WHY Madoff did what he did. From today’s Wall Street Journal ($): Mr. Madoff did shed some light on why he started the fraud and whether he knew he would get caught. He said when the fraud started in the early 1990s, he felt “compelled” […]

Jim Cramer is for Entertainment Purposes Only

Friday, March 13th, 2009

This is interesting… There is some “bad” language so listener beware. Jim Cramer’s show exists for one reason and one reason only…ENTERTAINMENT! I don’t watch Cramer’s show because I find him incredibly annoying. Every once in a while he’ll say something worth listening to. The rest of the time it’s just noise. I tried embedding […]

Some Comments Just Need to Be Highlighted!

Thursday, March 12th, 2009

This blog has nearly always been blessed with awesome commenters. Some of my favorite commenters are Kitty, Stacey, Foobarista, Sam (there are a couple of “Sam” commenters. The “Sam” I am referring to has been reading this blog for years), Miguel, and many others. Although I write this blog as a way to share my […]

Thomas Friedman’s Thoughts on the Credit Crisis and Why I’m Angry

Wednesday, March 11th, 2009

I like Thomas Friedman even though I don’t agree with his politics (that’s food an post). I read Friedman’s thoughts on how to fix the credit crisis in today’s Houston Chronicle. I like what he had to say. I especially liked the (most of) first point (emphasis mine): First, to get out of a […]

The Dow Was Up Nearly 400 Today…Will It Stick?

Tuesday, March 10th, 2009

The Dow Jones Industrial Average was up 379.44 points today. Will it stick or was it what is known as a bear-market rally? I would love to think that it’s the beginning of something better but I just don’t think the economy can support much of a rally. Don’t get me wrong, I’m an optimist […]

Question of the Day – Card Check

Tuesday, March 10th, 2009

I’ve been reading a lot lately about the labor unions’ desire for something called “Card Check,” which would end secret ballots in unions. In other words, union voting would no longer be private. I had a conversation about Card Check with a local union member. He HATED the idea. What’s the point in voting if […]

What’s So Bad About Foreclosure?

Monday, March 9th, 2009

No, I would not want to have my house foreclosed upon. But, I still think the process makes sense. From today’s Wall Street Journal (no link. It was just a short piece on A4): Hundreds of houses went to the highest bidder at an auction of foreclosed homes Sunday at the Jacob K. Javits Convention […]

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