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Recent Posts
Category Archives: Global Finance
Saluting the Scientific Accomplishments of Islam
I’m trying out for a Federal Grant from NASA… One of my peculiar interests is streetcars. Just prior to World War Two, U.S. Trolley companies (feeling pressure from Ford’s cars and better roads) needed a new type of streetcar to … Continue reading
Posted in Global Finance, Islam and war
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The one thing President Obama won’t say
Keep an ear out – now that it looks like the BP well is under control, the one thing I don’t expect President Obama to say is “Thank you”…. as in “I would like to thank all of the scientists, … Continue reading
Trouble in Nigeria
Nigeria is the 4th largest supplier of crude oil to the United States. Energy Dept stats. Mexico, Saudi Arabia and Nigeria are all about the same amount, with Canada being our largest supplier. Nigeria’s crude is high quality and easy … Continue reading
Posted in American Politics, Energy, Global Finance, Obama Nation
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Connecting BP’s dots
The Wall Street Journal is connecting some dots of unfinished business from around the time of the so-called economic panic of 2008. A (Better) Reason to Hate BP You may remember the odd release of the one Libyan terrorist named … Continue reading
Posted in American Politics, Energy, Global Finance, Obama Nation, State of Fear-mongering
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Radio stocks the past few days…
I don’t follow stocks day to day, but noticed odd things the past few days. There were huge spikes in volume last Friday on several of the stocks. I think stock options unwind on the 3rd Friday of the month, … Continue reading
Posted in American Politics, Global Finance, Obama Nation, Radio Biz, Uncategorized
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Supreme Court and Sarbanes-Oxley
Somewhat obscured by the Chicago gun ban case was the Supreme Court also struck down a part of the Sarbanes Oxley Act of 2002. If you’ve ventured at all into the “Who owns Big Radio” part of the web site, … Continue reading
Posted in American Politics, Global Finance, Obama Nation
3 Comments
Wachovia and Drug Money
When Wachovia attempted to fend off Hank Paulson, the FDIC and Tim Geithner’s forced marriage to CitiGroup, and they flew into the arms of Wells-Fargo to escape – I sort of wondered when the U.S. Government would bring out the … Continue reading
Posted in Global Finance, Obama Nation, State of Fear-mongering
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Management change at Clear Channel
Wall Street Journal reports that Mark Mays is being told he won’t be CEO by the end of the year by Clear Channel’s private equity firm managment. Mark Mays is the son of co-founder Lowry Mays. His brother was already … Continue reading
Posted in Global Finance, Radio Biz
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China relaxes yuan “peg” – in a move t…
China relaxes yuan “peg” – in a move typical of a Communist government, China has relaxed the connection between their currency and the US dollar – instead making the connection to a basket of currencies. So the yuan is now … Continue reading
Posted in Global Finance
1 Comment
Why globalism matters – or more to the p…
Why globalism matters – or more to the point, why nationalism is still important. First, a brief recap of the history of BP. The ancestors of BP begin when oil is discovered in Iran in 1908. British Petroleum was owned … Continue reading
Posted in Energy, Global Finance
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Russia’s President thinks the Ruble sho…
Russia’s President thinks the Ruble should become a new “reserve” currency like the dollar, Euro and Yen. That’s wishful thinking – given Russia’s shrinking economy, government by fiat, rampant corruption, central bank secrecy, and aging and shrinking population. Who does … Continue reading
Posted in Global Finance
1 Comment
Today’s pop quiz – other than ratings, …
Today’s pop quiz – other than ratings, what motivation would “conservative” Fox News have for exaggerating the environmental damage from the BP well blowout? Hint: Fox News is part of News Corp Hint #2: Fox News did the same thing … Continue reading
Bloombama News Service’s White House co…
Bloombama News Service’s White House correspondent is leaving to become the communications director for the Natural Defense Resource Council. http://www.wnd.com/index.php?fa=PAGE.view&pageId=167077 Ed Chen has been serving as head of the White House Correspondents Association, the group that decides how press conferences … Continue reading
Posted in Death of Old Media, Global Finance, Obama Nation
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Sequestration – that’s one of the main …
Sequestration – that’s one of the main reasons “big oil” is supporting Cap and Trade. They’ll be able to sell on the CO2 market since they use CO2 extensively to inject it into old oil fields to sustain pressure in … Continue reading
Posted in Energy, Global Finance
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The Greek problem is not behind us. The …
The Greek problem is not behind us. The EU countries all have the Euro and the same currency risk, so differences among the countries on bond rates are risk premiums or maybe tax reasons. 10 year Greek bonds are over … Continue reading
Posted in Global Finance
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