Tag archive for ‘Belief’
Reserve Money Market Fund Collapses as Lehman default spreads through the market’s balance sheets.
The “Reserve Primary Fund”, just saw its shares fall below $1 a share. For all intensive purposes - this means that the money market fund has collapsed. This is the first, and perhaps most cataclysmic implosion following the wake of Lehman Brother’s collapse Monday morning.
Post 9/11 - Are we safer?
For me, 9/11 isn’t something I watched on TV…. I lived it…. and the reminders of it are ever present in Washington, D.C. Tomorrow the former 9/11 Commission members will release a report stating that the United States is “dangerously vulnerable” to another attack. That is just plain wrong.
How important is the Vice President pick anyways?
The buzz this week is all about who Sen. Obama will chose as his Vice Presidential nominee. I have been talking with friends and the question keeps coming up, “How important is the pick?” The answer - it is one of those choices in life you can only “screw up”; getting it right often has [...]
Has the “oil bubble” finally burst?
Back on June 23, I wrote a piece entitled “Why is Crude Oil (and gasoline) so expensive?” Since then, I’ve received quite a few emalis and comments to that piece - many of which essentially chastising me for not adopting the “drill here, drill now” framework as being the main lynchpin to solving US oil [...]
Edwards “Bangs the Help” - and lies about it…
To quote John Edwards, there are in fact two Americas, the America where I get to have illicit affairs while running for President and lie about it, and the America where if you did that, you’d probably wind up castrated.
But hey, perhaps just like Sen. Edwards went to learn about poverty by working at a [...]
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