Archive - Sep 5, 2010 - Blog entry

When did it start? When will it end?

A Chat With Steve Forbes. The crash was a failure of government. We have the most hard left president and congress in history. The Fed should pursue a strong dollar policy. The rating agencies are a cartel we should get rid of. George Bush betrayed the Republican party by abandoning its principles.

The back-to-back super-sized traffic jams near Beijing has landed China on the top spot among the cities with the world's worst traffic. While the world seems quite fixated on the length--miles and number of days--of these mega jams near Beijing, there's also a serious message--the under-capacity of China’s infrastructure.

A Labor Day rant.

We should not adopt positions or beliefs that oppose the Ponzi simply because it’s contrary to the Ponzi. Doing so just shifts the illusion of control to us, but still leaves us dancing to the Ponzi beat. Our views should be adopted only after rigorous examination and vetting. This is the only way to a truly peaceful, free and sovereign life.

Greece's exit from the eurozone would be the "worst possible option", Europe's central bank chief said at the weekend amid concerns over the debt-stricken country's ability to pull itself out of crisis. Will Greece default and will this cause yet another global crisis?

The Commitment of Traders Report is created by the CFTC – The Commodity Futures Trading Commission and is published weekly every Friday. This body gathers and publishes the open futures positions on all publicly traded US futures contracts as well as the corresponding options. The data consists of 3 main categories.

Commercial Traders – These are the bigger players in the markets, the smart money and consist of large firms that actually use the commodity being traded, includes companies like…BP in the Oil and Gas Market, Nestle in the Cocoa and Sugar market. The main function of these traders is to hedge the price of the commodity that they trade in.

The 3PAR saga finally came to a close on Sep. 2 with Dell beaten by Hewlett-Packard in an 18-day bidding war. The final price tag of 3PAR is at $33 a share, or $2.35 billion, almost twice Dell’s initial offer at $18 a share last month. So, does this acquisition make sense for HP?