Archive - Mar 6, 2010 - Blog entry
Pension Black Holes Set to Explode?
Submitted by Leo Kolivakis on 03/06/2010 18:53 -0500Don't look now but pension black holes are set to explode everywhere and when they do, they will swallow growth for decades...
"Danger, Danger Will Robinson"
Submitted by thetechnicaltake on 03/06/2010 12:20 -0500I feel like the robot in the television show, "Lost In Space"
Barney Makes Hash
Submitted by Bruce Krasting on 03/06/2010 08:41 -0500Our pal Barney Frank puts his foot in his mouth, again.
New Volatility Index Futures for Oil & Gold
Submitted by Chopshop on 03/06/2010 08:00 -0500As the VIX languishes in the doldrums of teen spirit, lulling market participants to sleep before volatility comes screaming back to life, the CME & CBOE have announced a partnership that will create futures (and options on futures) for volatility indexes across a variety of asset classes. [1] CME press release [2] Crude Oil, Gold & Euro Volatility Index charts [3] CBOE primer on just what the heck the VIX actually is
Banks Swallow Another $30 billion or So in More Losses as Their Share Prices Surge (Again)
Submitted by Reggie Middleton on 03/06/2010 04:49 -0500Two months ago I pointed out an anomaly in JP Morgan's "blowout" quarterly earnings release. Bloomberg's recent story informs us of how big the problem actually is. Let's reminisce...
Government-Run Health Care Kills Thousands
Submitted by Econophile on 03/06/2010 00:54 -0500Here are two horror stories about UK and Canadian health care systems that exemplify what is wrong with government-run health care systems. The dirty secret is that these systems are deteriorating as they run out of money. The result is death to thousands of patients. Our foot-in-the-door health care "reforms" are just the beginning of the end of what is left of the world's best health care system.
