Category Archives: Uncategorized

How big a hole is the FDIC in? They just sold a portfolio of mortgages with a face value of $491 million to a company in Charlotte NC. The buyer gets 50% of the money they recover, the FDIC gets … Continue reading →

Happy Census day! – Question 3 is the most dangerous of the 10 questions on the simple form. The reason is a concept called “Imputed Income”. There is chronic “problem” within the tax system, and all the government dependency programs. … Continue reading →

Seen on KCRA 3 Sacramento TV this morning. Another local business going out of business more local people out of work, someone covered the” going out of business sign” with a Buck Ofama,,, Buck Ofama ?? Ohhh, I get it,, … Continue reading →

Atlanta’s transit system MARTA is shutting down almost half of its bus routes because of a $120 million shortfall from reduced sales tax revenue (according to USA Today). How’s that changey hopey thingy working out fer ya?

Ben & Jerry Cherry Garcia ice cream – according to my new iPhone app, one pint has 960 calories. This cannot stand.

GAP rolls out new web sites – GAP is the company that acquired most of the smaller market Clear Channel stations. A few of them we had already picked up the change, but now they’re all changed…. 117 updates to … Continue reading →

Constitutional Amendments and the President – one important thing to recognize about the system of checks and balances is that the President of the United States plays no role in Constiutional Amendments. Pinning Prohibition on Woodrow Wilson because he was … Continue reading →

Skateboarding should be illegal on ALL private property? Those of you who answered that to the poll – I would be curious what the thinking is. The answer did not say “If the property owner doesn’t want it”… Do you … Continue reading →

WSJ updates the situation in Nigeria – if you haven’t followed it, theirPresident vanished for over two months, supposedly getting medical treatment in Saudi Arabia. A civil war started breaking out between the Islamic North and ChrIstian South with nobody … Continue reading →

“Negative rights” – Glenn Beck particularly is pounding the idea that President Obama views the Constitution as being bad because if enumerates Negative Rights for the government – things the government cannot do… Today’s poll questions pointed out how hard … Continue reading →

Bloomberg explains now how AIG was screwed. They stopped selling insurance on bundled mortgages in 2005. As the loan pools they were guaranteeing “turned over” (house was sold, refinanced, paid off early) the high quality loans were being replaced with … Continue reading →

ADP payroll says we’re losing jobs, government says we aren’t – the reason for this difference is ADP doesn’t process paychecks for government employees.

Don’t panic! “Our worst fears have been surpassed,” Finance Minister Brian Lenihan said in the parliament in Dublin yesterday. “Irish banking made appalling lending decisions that will cost the taxpayer dearly for years to come.”

I have become a fan of Pandora – my radio station is Dean Martin. I got to rediscover Jimmy Durante and early Ella. Who makes money on Pandora? Is that the future of music distribution? Dumped iTunes 2+ years ago … Continue reading →

Three killed in drive by shooting in Washington DC: http://www.washingtonpost.com/wp-dyn/content/article/2010/03/31/AR2010033100419.html Let’s see if any of them belong to a left-wing militia!