Monthly Archives: July 2009

Obama down, stock market up – coincidence? It looks like Cap’n Trade and Health Care Insurance reform are both on life support, and President Obama’s honeymoon is over. Is that why the Stock Market is showing signs of life?

President Obama’s comments on police – he is catching flack today for concluding that the police in Cambridge were wrong/guilty/racist for how they treated his friend, including the curious inflammatory (non-teleprompter fed) line that if President Obama was breaking into … Continue reading →

Monica Crowley loses weekday show… no surprise here. As I’ve noted, she lost her last significant affiliate recently, and is basically talking to herself for 3 hours. TRN tries to “spin” it like she still was a major influence on … Continue reading →

Apollo 11 – Code 1201! I was watching a replay of the Apollo 11 landing, and maybe 30 seconds before the touchdown, they call out an Alarm code 1201 and 1202. Being the kind of inquisitive geek I am, and … Continue reading →

CA pension fund lost $56 billion.. and you think you had it bad. The California Pension system is one of the country’s largest investors in stocks. They are so big, they can force corporations to do things like “go green” … Continue reading →

Tom Leykis is annoyed with the FakeLeykis. Tom thought he had the world by the tail when Westwood One wanted to syndicate his show, but only 1 non-CBS station (that I know of) signed up, and CBS promptly dropped the … Continue reading →

Dollar is falling, which means oil is going up…. interest rates going back up again to try to keep people investing in dollars. Boombama News interprets the dollar dropping in value as the belief that the economy is about to … Continue reading →

CIT may get $3 billion loan…. the NY Times, WSJ and Bloomberg are reporting CIT will make a statement this evening. The existing bondholders may put up $3 billion to give the company time to carry out a debt for … Continue reading →

Salem’s web sites are annoying – I just wanted to get that off my chest. They seem to think throwing an extra layer in front of the pages on every visit pushing the same books is useful. You can’t always … Continue reading →

Savage off England’s list of people who can’t go there. The new Home Secretary has scrapped the list. The most pathetic part of this whole episode is that woman who put Savage on the list and resigned amid scandal now … Continue reading →

BMP about to be siezed – According to published reports, Border Media Partners is about to be taken over by its lenders – they haven’t made any payments on their debt in two years. It’s most well known lender is … Continue reading →

Walter Cronkite is dead. He hung on long enough to not be obscured by the coverage of Michael Jackson.

Single family housing starts up 3.6% over last month, down 46% from last year. Which is the more important number? How about multiple unit housing?

AIG on hook for 25 years – Bloomberg story indicates AIG may be on the hook for up to 25 years for $200 billion in mortgage credit default swaps. AIG is asking the banks to voluntarily give the swaps back … Continue reading →

Pope has broken his wrist… first it was Ms Sotomayor, then Hillary Clinton, now the Pope. Who is doing all this tripping?