Monthly Archives: November 2009

Dubai prepares to default on $59B in debt. Dubai poured a to of money into real estate that has already declined 50% and may fall another 30%. Credit default swaps are more expensive now than when Iceland’s cental bank went … Continue reading →

When Sir Lanka dumps dollars to buy gold, that can’t be a good sign. A reminder that Thanksgiving is not a holiday in Europe – European markets are open on Thursday.

WCBS NewsRadio is already laying the foundation that Lou Dobbs is thinking of running for Senate to knock out the only Hispanic Senator. The next line in the narrative is obvious

Bad news Friday – if you wanted to declare bankruptcy or the FDIC wanted to take out a major failed bank, this Friday would be a great day to bury the story

Now that Batchelor gets weekdays, where does Sliwa end up?

Cut the head off the turkey is what Glenn Beck wishes a President would do. Coincidence?

Streaming heads-up: the annual Rush Limbaugh Show Real Story of Thanksgiving airs today. It’s no Macy’s parade, but it’s a Thanksgiving tradition nonetheless.

Meet the Obama’s – look at the title of the page if you’re a grammar person. The Obama’s what?

“I’ve totaled 5 cars, so I know the feeling” – the words recounted by the “friend” of a 19 year old man who killed himself and his girlfriend this weekend in Shelton, CT – crashing #6.

War by committee. The Christian Science Monitor starts to leak details of the Afghanistan war “decision”, which appears to be to do a little of everything. I still think my idea of cutting off the Thanksgiving Turkey’s head is worth … Continue reading →

FDIC $8B in the red, 8,100 banks remain extremely vulnerable to failure…. The FDIC has been funding its recent closures of banks by spending the money it had set aside to deal with future loan losses for banks that have … Continue reading →

KY Census death ruled Suicide – bet you won’t see Keith Olbermann reporting that… This is the Census Worker found hanging from a tree with “Fed” written on his chest (well, his feet were on the ground)… that the Huffington … Continue reading →

Der Speigel weighs in on the failure of Obama’s trip to Asia. Barack Obama is the new Jimmy Carter

Private Equity firms may fail next – that’s the message in Time magazine. The low estimate is that 1.9 million jobs could be lost as PE funded buyouts default into bankruptcy.

examiner.com – if you happen to use Google News, you probably often get stories from examiner.com…. There are a lot of real newspapers named the _____ Examiner, but examiner.com has nothing to do with them. It is just a web … Continue reading →