Archive - Dec 14, 2009 - Blog entry
Never Speak Ill of the Dead, But ...
Submitted by Econophile on 12/14/2009 19:47 -0500Paul Samuelson may have been a brilliant man, but he was the problem, not the solution. We can trace many of our current problems to his "scientific" econometric technocracy.
Do Summers, Geithner and Bernanke Have to Share Credit for Saving the Banks with Drug Kingpins?
Submitted by George Washington on 12/14/2009 15:00 -0500Strange bedfellows ...
Natural Gas: The Forgotten Commodity, But Not By Exxon Mobil
Submitted by asiablues on 12/14/2009 14:58 -0500Natural gas has become an almost forgotten commodity with poor market fundamentals keeping a lid on the price. But the fuel is not forgotten by Exxon Mobil (XOM). Exxon just announced this morning that it will buy XTO Energy (XTO) in an all-stock deal worth $31 billion as the oil giant moved aggressively towards the abundant unconventional natural gas source at home.
Larry Summers Is Like a Guy Who Yells That the Sun Really DOES Revolve Around the Earth and that the Current Orbit is Just a Temporary Aberration . . . and That If We Just Wait a Little While, "Everything Will Return to Normal"
Submitted by George Washington on 12/14/2009 14:57 -0500Heretic! Heretic!
Good morning, worker drones: This Week In Mayhem
Submitted by Project Mayhem on 12/14/2009 11:05 -0500Journalist thrown out of Copenhagen by UN security thugs, Dems to lift debt ceiling in game of currency Jenga, Sovereign debt crises emerging, Obama protects Bush torture lawyer Yoo, Afghan 'army' a bunch of pot-smoking teenagers, Chavez launches Telenovela.
How to Triple Your Money in Just One Month!
Submitted by Bruce Krasting on 12/14/2009 10:57 -0500Someone is making big bucks on the continuing Dubai story. I wonder who that might be.
And I’m back…and the investment world is still nutty
Submitted by inoculatedinvestor on 12/14/2009 02:03 -0500I am back from my brief blogging hiatus and not surprisingly, all of the nutty things going on in the financial markets have not magically reversed themselves. So, after some separation from the markets I have made a list of the things I think make the least sense and would impact investors in a meaningful way if the current trends turned around.
