Archive for December, 2008

Monday, December 29th, 2008

On Vacation

I’ll be on a blog-free vacation from today thru January 2nd so there won’t be any posts this week but I will return on January 5th.

Comments Off on On Vacation - Posted in Misc by

Saturday, December 27th, 2008

Violence At The Movie Theater

What better way to celebrate Christmas than to go watch a movie about Nazis?   Actually, my family decided they wanted to watch Valkyrie a few days ago so we went.   The movie theater was packed, not a single seat available but the real problem was a guy sitting three seats down actually texting throughout the […]

1 Comment » - Posted in Rants by

Thursday, December 25th, 2008

Merry Christmas

Merry Christmas!

Comments Off on Merry Christmas - Posted in Uncategorized by

Monday, December 22nd, 2008

When Will Hospitals File For Bankrupty?

I find it odd that I haven’t read about a single hospital filing for bankruptcy or being close to insolvency despite every other sector: retail, commodities, manufacturing, energy, etc; all flirting with financing issues.   What gives? There have been at least 500k jobs lost over the past few months and I would imagine that most […]

1 Comment » - Posted in Observations by

Saturday, December 20th, 2008

The Future of Car Dealerships Is The Mall Kiosk

Don’t laugh but perhaps one of the best things that has/will happen(ed) with the collapse of the big three is rethinking the need for car dealerships.   I’m not entirely sure why we even need these archaic showrooms when customization is what most people want these days. If you’ve wandered about in any mall recently, you’ve […]

1 Comment » - Posted in MMO by

Friday, December 19th, 2008

An Ineffable Treatise – World Market Collapse

How do you put into words what shouldn’t or couldn’t easily be put into words? I had intended on posting this after Christmas and I had intended on writing a long treatise complete with a set of references (see below) but I decided that the math would likely be way over too many people’s heads […]

Comments Off on An Ineffable Treatise – World Market Collapse - Posted in Financial Safety,John Galt,Observations by

Thursday, December 18th, 2008

From Extreme Exuberance To Extreme Frugality

Where are all the PF Bloggers advising people not to buy new cars right now? It seems their advice was taken to heart and NO ONE is buying new cars and we have the big 3 in Michigan heading toward bankruptcy. Mercedes, BMW, Honda and Toyota aren’t doing too well either. If there’s ever a […]

2 Comments » - Posted in Observations by

Wednesday, December 17th, 2008

Freezing Pensions and 401k Contributions Will Kill The Market

Motorola has announced the freezing of pensions and some companies are contemplating reducing or eliminating the employee matching on 401k plans.   Needless to say that if this begins to happen en masse it will kill the market much faster than anything else. “If Congress fails to broaden the relief, we’ll see increasing numbers of […]

Comments Off on Freezing Pensions and 401k Contributions Will Kill The Market - Posted in Watch Out by

Wednesday, December 17th, 2008

Hey Airlines, You Should Probably Hedge Some Oil (Fuel) Now

Oil has been trading around $40 to $50 per barrel lately and it seems that airlines should hedge the price of oil now rather than belly aching, whining and charging $150 “fuel surcharges” when oil goes back up. Southwest has been doing this for a while but unfortunately they locked, if I’m not mistaken, at […]

1 Comment » - Posted in Observations by

Tuesday, December 16th, 2008

So The SEC, Like FEMA, Is Totally Incompetent

I don’t get the whole Madoff scam but what really irks me is that yet another government agency failed to do anything to keep this from happening.   Who the hell are these guys that work at this agency?   Is there anyone competent there? I’m glad to see I’m not the only one asking questions: Madoff […]

Comments Off on So The SEC, Like FEMA, Is Totally Incompetent - Posted in Rants by