Category Archives: Bonds

Shock And Awe

Former Federal Reserve Bank Chairman, Alan Greenspan in his testimony before Congress this past Thursday said: “Those of us who have looked to the self-interest of lending institutions to protect shareholder’s equity — myself especially — are in a state of shocked disbelief…” Age must be a truth serum, because here Greenspan exposes the [...]

401K Apocalypse?

I just read an article that says the financial turmoil has wreaked havoc on workers’ 401K plans. I say…”tough.” First of all, my plan has fluctuated +/-1% each day over the last few days, and would have probably been up if my own company stock was performing better over the last year. I [...]

The ‘Joke’s On Us

This is very telling of how many of us see the proposed bailout of Wall Street…and it happens to be funny to. Check out the usage of President George Bush in the scene.

Hands That Rocked The Financial Cradle

We live in an age of concentrated hypocrisy. An age where power mongers shred the Constitution in the name of security, where a wolf pack of thieves are robbing the American people with a fountain pen stealing more than they could with a gun. Banditry and fear have combined to such a degree that the [...]

More Bush-ism Bailout B.S. – Just Another Scare Tactic

So here we are yet again with the taxpayer urged to provide yet another corporate welfare check because Treasury Secretary Henry Paulson states “the alternative is much worse”. Funny how this kind of pragmatism doesn’t apply to public education, healthcare or even public assistance – when the alternative in those cases is much worse too [...]