For want of a nail the shoe was lost. For want of a shoe the horse was lost. For want of a horse the rider was lost. For want of a rider the battle was lost. For want of a battle the kingdom was lost. And all for the want of a horseshoe nail. Northern […]
Federal Reserve earned $45 billion in 2009 Washington Post By Neil Irwin January 12, 2010 Wall Street firms aren’t the only banks that had a banner year. The Federal Reserve made record profits in 2009, as its unconventional efforts to prop up the economy created a windfall for the government. The Fed will return about […]
The How-To of an Admission in the Steroid Era New York Times By RICHARD SANDOMIR January 11, 2010 He did it all in one afternoon, starting with a statement that was distributed widely to the news media, and that came across the Associated Press wire at 3 p.m. The A.P. followed quickly with a story […]
After I read about the "sex scandal" in Northern Ireland last night involving the First Minister’s wife, Iris Robinson [so here’s to you Mrs. Robinson…], my mind was filled with memories of the conflicts in Northern Ireland. I arrived in the UK in August 1971 for a three years tour in the Air Force. We […]
Banks Prepare for Bigger Bonuses, and Public’s Wrath New York Times By LOUISE STORY and ERIC DASH January 9, 2010 The bank bonus season, that annual rite of big money and bigger egos, begins in earnest this week, and it looks as if it will be one of the largest and most controversial blowouts the […]
Ulster on brink over Iris Robinson sex scandal No one does a government sex scandal like the British Isles. We colonists are rookies. So, right now, Northern Ireland is in the midst of a delicate process to form a government independent of England that contains the Catholic and Protestant elements that have been at war […]
Thomas Wolfe spent his literary life wandering in Europe and the U.S., but his novels remained focused on his boyhood home in Asheville, North Carolina – his mother’s boarding house [now a tourist destination surrounded by modern buildings]. His novels stand with Proust’s Rememberance of Things Past as a testimony to our longing and nostalgia […]
Well, the unemployment numbers came out today – no change – which is okay as things go. We’d love to see it falling, but that’s not yet in the cards. Considering that this is so much more than just a "business cycle" recession, we’re doing as well as can be expected – maybe ahead of […]
something you can do beside just complaining…http://moveyourmoney.info/
Geithner’s Fed tried to keep sweet deal for banks a secret: Issa Raw Story By Daniel Tencer January 7, 2010 The controversy surrounding Treasury Secretary Tim Geithner’s role in the 2008 Wall Street bailouts was ramped up Thursday with the revelation of emails that show the New York Federal Reserve – then run by Geithner […]