Is it just me or does anyone else think that the world is doomed?
I’ve been around through several recessions, lived through a period where the world worried about imminent nuclear holocaust; but what the world faces today seems far more dangerous and possibly unsolvable. Of course we still face the threat from nuclear weapons with [...]
Archive for the ‘financing’ Category
Is the World on the Brink?
Posted in energy, financing, foreign policy, public policy, renewable energy, tagged depression, economic meltdown, energy, famine, financial crisis, global warming, recession, renewable energy on April 19, 2009 | Leave a Comment »
When did everything stop making sense?
Posted in energy, financing, investing, politics, renewable energy, tagged 1929, corporate greed, economy, energy independance, global warming, PRE-Plan on December 14, 2008 | 2 Comments »
Do the financial markets make sense to you? Do you think it’s just possible we are being manipulated by Wall Street? Does it bother you that car companies can offer $8,000 discounts. Does that imply that they’d been making $8,000 in excess profit? Does it bother you that whenever companies go bankrupt that the guys [...]
When should I buy a house?
Posted in financing, government, investing, public policy, tagged financial bailout, financing, investing, Obama policy, real estate on December 7, 2008 | Leave a Comment »
If you are fortunate enough to be in a position to purchase a home when so many millions of others are losing theirs, now is the time to act. Prices may fall a bit further, but not much, but price isn’t the only factor. Speculators that have long been sitting on the sidelines are starting [...]
Financial Crisis vs. Econ 101
Posted in energy, energy policy, financing, government, public policy, tagged bailout, Chrysler, economics, financial crisis, Ford, GM on November 17, 2008 | Leave a Comment »
In Economics 101 we all learned that bigger is better due to economies of scale. The logic went that if 10 companies produce 100 widgets each, 1 company that could produce 1,000 widgets would have a distinct cost advantage. Makes sense, right? You can eliminate all the duplicated management and overhead and [...]
When will the financial crisis end?
Posted in economy, energy policy, financing, government, investing, politics, public policy, tagged bailout, crisis, economy, financial crisis, obama, solution, when will this crisis end on October 9, 2008 | 2 Comments »
The crisis will end when confidence returns to the markets and the economy begins to grow. It certainly won’t end before Senator Obama is sworn in. Several things must happen. (a) We must rid the financial institutions of the people that created the problem in the first place. (b) The inventory of unsold real estate [...]
What will the be legacy of the financial crisis?
Posted in economy, energy, energy policy, financing, government, investing, politics, public policy, renewable energy, tagged CEO, crisis, economy, executive pay, financial crisis, future, kids, legacy, teens, youth on October 9, 2008 | Leave a Comment »
The 1929 stock market collapse left a legacy of suffering the world will likely never forget, unless the current $60 trillion debacle overshadows it. If the $700 billon bailout which has already balloned to a trillion thanks to a handful of asshole senators that simply couldn’t help but add some tainted pork to such an [...]
Where did all the Wall Street money go?
Posted in financing, investing, politics, tagged bailout, CEO, compensation, financial crisis, government bailout, money on October 1, 2008 | 1 Comment »
The average employee at Goldman Sachs is paid $600,000. That includes the janitor on up. This is important because I was wondering where all the money went. Somewhere in flurry of all the financial paper some people walked away with billions, likely trillions. I spent some time trying to find the cash and the best I [...]
Irrational exuberance yields irrational pessimism and a new plan for investing
Posted in economy, energy, energy policy, financing, government, investing, politics, public policy, renewable energy, tagged energy policy, investing, politics, public policy, renewable energy on October 1, 2008 | Leave a Comment »
I have read the headlines the same as everyone else. People are screaming bloody murder because their retirement accounts have lost 20% in two weeks, but those same people weren’t complaining anytime they jumped 20% in two weeks. I have written before, huge swings in the stock market aren’t healthy, either direction. The stock market [...]
Why didn’t the bailout plan pass?
Posted in economy, energy, financing, investing, politics, renewable energy, tagged 700 billion, bailout package, bailout plan, congress, financial crisis, financial mess on September 30, 2008 | 2 Comments »
We need something to keep Wall Street from melting down, yet most people don’t really understand the dynamic of the whole situation. First off, it isn’t really a bailout, it’s more a loan or an investment. Bush and company screwed up by asking for what was essentially a blank check. The average guy on the [...]
