Archive for the 'Finance & Investments' Category
The company set up to manage the money of former presidential candidate Ross Perot is liquidating a fixed-income hedge fund. Perot and his family are the biggest investors in the fund. The company, Parkcentral Global Hub Ltd., saw assets fall as much as 40 percent to $1.5 billion this year through October. Read more…
So the evidence is in: These are two electoral maps. The first one is from before the Great Depression.
And this next one is from after the Great Depression:
So it would seem, in the face of an economic meltdown, Americans historically trust the Democrats to help. Let’s see if that trend continues next […]
First, here’s the proof: The economy’s in the tank, but defense contractors are doing fine… Actually better than fine - they’re doing pretty well. Defense contractors Northrop Grumman Corp and General Dynamics Corp’s shares both rose. Read more…
Now, here’s the background: Smedley Butler “was a Major General in the U.S. Marine Corps and, at […]
Here are a few tips, or at least things you may not have known - straight from the financial industry:
It takes an average of three days for a cashed check to clear.
A teller is probably the only person in the bank qualified to do a teller’s job - no matter how long the line is.
You’re […]
Embedded video from CNN Video
Next time you debate something with someone, don’t be a know-it-all douchebag… especially in the YouTube Age.
Who’s a genius now? Some guy named Peter Schiff, who called this crash very precisely.
Who’s an idiot now? Some douchebag named Arthur Laffer - a former advisor of Ronald Reagan - who basically is 100% wrong.
To recap:
America’s […]
From The Nation:
Myth 1. It’s a dangerous world. We face an array of serious national security threats that require an experienced Commander in Chief.
Myth 2. The surge has worked. To withdraw from Iraq now would snatch defeat from the jaws of victory and embolden Islamic extremists.
Myth 3. We cannot allow Afghanistan to become a safe […]