The recent subprime mortgage meltdown and subsequent meltdown of a Bear Stearns hedge fund that invested heavily in subprime mortgage securities has caused quite a bit of heartache in global capital markets, leaving all three major broad market indexes in the U.S. down for the month of July. Usually, the markets close up on […]
Entries from August 2007
The Subprime Mortgage Market, Bear Sterns, Federal Reserve, and Jim Cramer Meltdown Simultaneously
August 12th, 2007 · 1 Comment
Tags: Business · Government & Politics · My Thoughts
Graham: Social Security cards should be revamped
August 11th, 2007 · 5 Comments
South Carolina’s Republican Senator Lindsey Graham said Tuesday, August 7, 2007, he will introduce legislation to replace all paper Social Security cards with plastic biometric cards that “can’t be duplicated”, so employers can be certain of the legal status of their workers. Because of course, businesses that hire illegals would be absolutely shocked to […]
Tags: Government & Politics · My Thoughts
Dick Cheney on Iraq in His Own Words
August 10th, 2007 · No Comments
This is the first time I’ve ever seen eye-to-eye with Dick Cheney on any issue. Transcript follows below.
Tags: George W Bush · Government & Politics
Adult store’s advertising titilates West Nyack legislator
August 9th, 2007 · 3 Comments
Local officials in Rockland county are seeking a ban on offensive advertising after a grand opening advertisement for an adult store infuriated a handful of whiny, uptight, sexually repressed residents. According to the Rockland Urinal news, residents said they were mortified to see two smoking-hot bikini-clad women standing — yes, standing — in children’s-sized […]
Tags: Government & Politics · Police, Law, & Justice
I am stuck on Band-Aid brand, ’cause Band-Aid sues charities
August 9th, 2007 · No Comments
Full disclosure: I do not consider myself a shareholder directly because I do not own shares of JNJ. However I do invest in a variety of mutual funds and index ETFs in which JNJ is a major component. That’s why I was shocked to hear that Johnson & Johnson (JNJ) is suing the […]
Tags: Business · Complaint Department