Skip to content

Monthly Archives: December 2015

The road ahead 

Listen my reader(s), you’ll eventually hear All my predictions for the coming New Year Open a bottle of your strongest of stuff You better get plenty, though it won’t be enough The future I’ll serve you like holiday dishes Sorry, I doubt I can fill all your wishes There’s reason to hope, but far more […]

Perks of Office

This guy makes John Rowland look like a piker: As storms once again battered the state of Alabama over Christmas, Republican Gov. Robert Bentley moved to divert funding from the 2010 BP oil spill recovery effort to finance the renovation of a second Governor’s mansion on the Gulf Coast. Yet that beachside mansion, which Alabama […]

Smart guy

Where did this guy get all his brainpower?

Last blast of cynicism before Christmas

If I had to recommend five must read blogs, Wall Street on Parade would be one of them. Today, Pam Martens exposes a bit of skullduggery buried in the bill that kept the government funded. (As an aside, how low have we sunk when we can consider a Speaker of the House a success because […]

History lesson

Bernie, in Iowa: In railing against billionaires and Wall Street, Sanders hurled a dig at Democratic front-runner Hillary Clinton. At Saturday’s Democratic debate, the former secretary of state said “everybody should” love her in response to a question about whether corporate America should love her. Sanders, who rarely calls her out by name, used that […]

(One of the) world’s worst people takes a hit

I am not a gifted enough writer to express how good this makes me feel: Martin Shkreli, the boyish drug company entrepreneur, who rocketed to infamy by jacking up the price of a life-saving pill from $13.50 to $750, was arrested by federal agents at his Manhattan home early Thursday morning on securities fraud related […]

Another corporate wizard wreaks destruction 

There is a myth, widely although not universally believed, that we don’t need politicians running this country, we need businessmen and business women. It matters not that successful businessmen (or women) rarely make good politicians, and have never made a great one. In fact, it appears to be universally true that if you have an […]

New London scores a court victory 

This will come as no surprise to many, but either I don’t read the New London Day closely enough, or the Day is falling down on the job. (Well, the Day is always falling down on the job) Anyway, today I read this: A man whose bid to become a police officer was rejected after […]

Deja vu all over again

Last week we saw shades of 2007 with both a hedge fund and junk bond mutual fund halting the ability of investors to withdraw funds. An additional credit hedge fund announced it is shutting down. The problem this time around is a dearth of liquidity (read buyers’ strike) for junk bonds. In 2007 the problem […]

Bernie should count his blessings

An analysis of network television news coverage reveals what supporters of Sen. Bernie Sanders have long suspected; the three broadcast television networks are intentionally ignoring the Sanders campaign. Eric Boehlert of Media Matters has the revealing details: So in terms of stand-alone campaign stories this year, it’s been 234 minutes for Trump, compared to 10 […]