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Ask Joe the Plumber

(Editor's Note: The Angry Drunk Bureaucrat is pleased to announce that we have signed on Samuel Joseph Wurzelbacher, aka, "Joe the Plumber," ... , the President-Elect promised Middle Class tax relief for 95 percent of workers and their families with a tax cut of $500 for workers or $1,000 for working couples. Given the current economic situation [more...]

Date: 2009-01-13 00:50:00

Blog posts (129) | Videos (130)
 


Badcreditloanshop.com

.fullpost{display:inline;}The most common problem is financial. same financial problems that contribute to this problem in the bad credit loans ... for you to secede from debt in bank and also credit card, requirement of house, health, insurance ... of your family. Eliminates taste is anxious about debt, with bad credit loan of all your requirement [more...]

Date: 2009-01-13 09:47:00


Submerging Markets - Catching Down to the US

Let's take some time out from lamenting the dour economic news at home, the sense of betrayal we all feel by the collective gods of Wall Street, captains of industry and frauds of our country (Madoff, this means you), and take some solace in the fact that we're not the only ones who %&*(#@!^'d up royally [more...]

Date: 2009-01-15 18:08:12


A warning from Paul Krugman of what should be blindingly obvious (but is not obvious to many experts)

Pluto asks here:  “what does Fabius think of Paul Krugman’s article in the NYT?”Here is the article he mentions:  “Fighting Off Depression“, Paul Krugman, op-ed in the New York Times, 4 January 2009 — Excerpt:“If we don’t act swiftly and boldly,” declared President-elect Barack Obama in his latest weekly address, [more...]

Date: 2009-01-07 04:00:59


All Paper, No News

People who are into journalism and newspapers and the web and the death of print have been all a-twitter over the NY Times story today about the ... , the dot-com bust happened and we have been running scared ever since. We live off the land and run it very lean. There is no debt, our office in downtown Asbury Park is very small, and we have never [more...]

Date: 2008-12-23 08:34:47


Orascom’s Telecel Globe acquires Cell One in Namibia for US$59 mn

Telecel Globe, Orascom’s African subsidiary, has acquired 100 per cent of Namibian’s second mobile operator Cell One for US$59 million. [ ... , while the debt assumed as part of this transaction is non-recourse on Telecel Globe. “Cell ... that have high growth potential, and follows recent acquisitions of U-Com in Burundi and an operation [more...]

Date: 2009-01-14 08:44:32


Economics is not a morality tale

Western civilization can be seen as the liberation of technical theory (science, in the broadest sense) from moral values.  This battle continues to this day.  It is so much easier and enjoyable to be a witch-doctor than a scientist  (again, in the broad sense as devoted to rational thought) [more...]

Date: 2009-01-14 00:01:43


First Half of 2009 Demonstrates Continued Erosion in Competitiveness of U.S. Public Equity Markets

First Half of 2009 Demonstrates Continued Erosion in Competitiveness of U.S. Public Equity Markets CAMBRIDGE, Mass., Sept. 22 /PRNewswire/ — The Committee on Capital Markets Regulation, an independent and nonpartisan research organization dedicated to improving the regulation and enhancing the competitiveness of U.S. capital markets, said today that its Q2 2009 update presents evidence of continued decline in the competitiveness of U.S. public equity markets. [more...]

Date: 2009-09-22 14:28:24


Super 100 BEST Great Movies that Every Guy MUST See!!

#fullpost{display:inline;} The guy made a list based on his opinion of the 100 plus (1 extra) best movies.How often do you get to see that new Jackie Chan movie? And how often does she get to watch the latest 18th century drama epic? For years now men have had to suffer in silence when taking their girlfriend or wife to the cinema [more...]

Date: 2009-01-13 05:13:00


A self-made life

Regular readers will probably be pleased to know the white Christmas tablecloth is washed and back in the cupboard. ; - )No one will hand you the life you want to live on a silver platter. The only life that is there for the taking, without modifications, is today's "normal" life of spending, debt, credit cards [more...]

Date: 2009-01-04 04:32:00


Mindful of the Miracles

On Tuesdays, I pay bills. This week, I paid all the bills. I can't remember the last time I was able to do that —just write the checks, matter-of-factly, in order of due date, without having to shuffle anything to the back of the pile or dial an 800 number to ask for more time. It seemed like a miracle. It is a miracle [more...]

Date: 2009-01-15 17:50:33


Cuervo’s Indicator Updates Jan 14, 2009

As mentioned last night, yesterday the Agosto indicator (for using the UUP to signal long/short signals on DOG) sparked off and today DOG was up 3% due to a bunch of reasons that are too lengthy to list. The Qsinator version 3 (aka wakisashi) is still riding the buy signal from Jan 8 and looks to post it’s first loss of the year as the average [more...]

Date: 2009-01-15 04:58:44


MoochSpot.com - Track Debts & Shared Expenses

What it does Ever wanted to have a simple, web-based manner of keeping track of debts and shared expenses with your friends? ... and sharing debt information among friends who move in the same circles. In practice, this system means you can borrow from many and settle the debt by paying to a single person you all have in common [more...]

Date: 2008-10-29 15:01:00


The Twenty-Something Finances Blog Carnival

For those of you who may not know, a blog carnival is a collection of posts all relating to a specific topic, in this case Twenty-Something finances ... at CreditShout. apply4-credit presents Tips for Negotiating a Credit Card Payoff posted at Credit Card ... Credit Card Bill of Rights Passes posted at Lazy Man and Money. Debt Freedom Fighter presents [more...]

Date: 2009-01-13 05:59:59


Morgan Stanley Smith Barney and the Future of Citigroup

The short story is that Citigroup (C) and Morgan Stanley (MS) are allegedly combining the retail brokerage operations into a standalone entity with enough financial advisors to top the merged Bank of America (BAC) Merrill Lynch herd. Morgan Stanley is reported to be paying Citigroup an extra $2B to $3B for at least 51% controlling interest [more...]

Date: 2009-01-12 21:16:00


Happiness interview with Nina Smith.

During my study of happiness, I’ve noticed that I often learn more from one person’s highly idiosyncratic experiences than I do from sources that detail universal principles or cite up-to-date studies. So from time to time, I post short interviews with interesting people about their insights on happiness [more...]

Date: 2009-01-09 04:12:44


A speech by the President which deserves close attention

The President knows how to make a speech, both excellent rhetoric and powerful content.  I do not know when this speech will be broadcast, so I provide an excerpt from the transcript of the three key parts.  Bold emphais is added.The ProblemYou have been struck, I know, by the tragic irony of our economic situation today [more...]

Date: 2009-01-08 04:00:58


Mystery: Luxury Newseum condos became rentals

Al Neuharth started Freedom Forum in 1991 with $650 million provided by Gannett stockholders after his retirement as chairman and CEO. Employees built the fortune over 50 years in the original Gannett Foundation. This is part of a series on Neuharth's stewardship of that money, now held in his Freedom Forum foundation [more...]

Date: 2009-01-08 16:22:00


Interviewed!

I asked the lovely Beth of Not to be Trusted with Knives to send me 5 interview questions. This one’s extra fun, since we don’t know eachother very well online or off, and Beth has (unwittingly I’m sure) brought up some questions I actually haven’t thought about the answers to in a while [more...]

Date: 2009-01-09 20:25:32


Breaking News - Political Commentary

Obama Can Pump Trillions in the Economy, But No One Knows If It Will WorkBy Nicholas von Hoffman, The Nation - AlternetThe nation's hopes--even the world's--are riding on it, but Barack Obama's stimulus plan is no sure shot. Nobody can say if it will work.Some questions to ponder: What has to happen for us to say that the stimulus worked? [more...]

Date: 2009-01-11 18:09:00


Bears Next Target: Bubble in Treasury Bonds

There's a bubble in US Treasury bonds. Here's the explanation: 1 ... is carrying more debt while taxes are declining and government spending is increasing, thus signaling even more debt and greater difficulty in repaying it. 3. Consistent with Austrian business cycle theory [more...]

Date: 2009-01-15 17:09:11


Latest News in Stock Market and Investments - Jan 12, 2009

Japan and S.Korea put aside rows to fight financial crisis - Boston Globe 12 Jan 2009 at 5:26am SEOUL (Reuters) - Japan and South Korea’s embattled leaders pledged on Monday cooperation amid the global financial crisis, putting aside their countries’ animosities in a bid to resuscitate the hard-hit Asian economies [more...]

Date: 2009-01-12 18:12:29


Money Match #6: Anya, Boston area Female Seeking Male

Here's another Money Match profile, from someone whose experience living in China has given her a very interesting perspective on personal finance: ... by them. I have no debt and don't own many clothes or other objects, but the ones I own I value highly [more...]

Date: 2008-10-29 13:09:00


The Case of the Late Co-Founder

This situation comes up for me all the time and it is really hard to manage in a way that makes everyone happy. The scenario is that founders A and B start a company and split the initial shares.  Time passes, business happens.  The company may or may not take on investors or issue equity to employees, [more...]

Date: 2009-01-14 02:02:33


Determining Where You Will Invest

Determining Where You Will Invest How much should you invest depends on several factors. The most important one is you. No one can answer that for you. Each person’s situation is unique and needs to be treated as such. There are various different types of investments, and there are many factors in determining where you should invest your funds [more...]

Date: 2009-01-08 17:23:40


Bubble Economics: Did we Learn our Lesson?

Have we really learned our lesson? We must open by addressing the fact that we support all methods and creative fiscal devices promulgated to ... a U.S. unemployment rate of 7.2%.The debt-riddled, exasperated consumer refuses to spend amidst this backdrop [more...]

Date: 2009-01-12 20:27:00


MICROCAPITAL.ORG STORY: Exclusive Interview On The Current State Of Microfinance In Malaysia And Challenges Facing The Sector: Observations From The Assistant Governor Of Bank Negara Malaysia

In a recent Microcapital.Org exclusive written interview with the Malaysian central bank, Bank Negara Malaysia , the Assistant Governor Mr Muhammad bin Ibrahim provided the following responses to a series of questions about the current state of microfinance in Malaysia and challenges facing the sector. Previous Microcapital.Org stories on microfinance in Malaysia have been set out in the Bibliography section below - . [more...]

Date: 2009-09-24 05:03:18


Private Equity Firms Expected to Show 20-30% Losses for 2008

OK, you gotta help me. Private equity is basically levered equity ... that fell off a cliff, high debt loads, and in many cases, debt maturing in the next year or so. So how ... market levels to take their targets private. They then put massive amounts of debt money [more...]

Date: 2009-01-07 05:01:00


Yahoo: Going private?

Yahoo: Going private trial balloon floated; Is private equity the solution? ... Microsoft fund Miller? What sovereign wealth funds would be interested? Yahoo-Dubai-dot-com? Is Miller ... is the big one for me. The private equity playbook looks like this: Buy a company, lever it up with debt [more...]

Date: 2008-12-02 18:03:33


ECB Biggest Rate Cut On Record; BOE, Other Central Banks Join Rate Cutting Party

The race to Global ZIRP took another big step forward today as central bankers around the globe cut rates. Let's take a look at the recent action.Europe’s Central Banks Lower Rates to Fight RecessionThe European Central Bank delivered a 75 basis-point reduction in its main refinancing rate, the most in its 10-year history, [more...]

Date: 2008-12-04 17:15:00


In the Spotlight: Nancy Leigh DeMoss

Who?Nancy Leigh DeMoss is the host and teacher for Revive Our Hearts and Seeking Him, two nationally syndicated radio programs, heard each weekday on nearly 1,000 radio station outlets. A compelling speaker, Nancy communicates a love for the Word and for the Lord Jesus that’s truly infectious.What? [more...]

Date: 2009-01-12 03:00:00


Veretekk: Pre-Launch WEB 2.0 Jaugernaut

Well, 2008 came and went this year.  Personally, this year was a banner year for Veretekk.  Upon completion of the seven year quest for perfection in marketing, I put the final touches on the most powerful search engine optimization and search engine marketing system on the planet, and breathed a huge sigh of relief [more...]

Date: 2009-01-14 01:24:00


Fortune Favors The Brave. And The Honest.

I tried to make this a video post but I kept crying. We buy this totally sexy new video camera for the expressed purpose of shooting videos like the one you’re not currently watching and we can’t use the damn thing because I keep bursting into tears. Therefore, [more...]

Date: 2008-11-11 16:56:28


The Intelligent Investor: A Comparison of Four Listed Companies

This is the fourteenth in a weekly series of articles providing a chapter-by-chapter in-depth “book club” reading of Benjamin Graham’s ... their time” paying attention to it are missing a key part of Graham’s message. Chapter 13 [more...]

Date: 2009-01-09 14:00:45


Concentrating the Wealth, Pt. 1

Last week I ventured into the "spreading the wealth" discussion with a post attempting to unpack one aspect of why even some people who might be helped by the kind of economic policies Obama is proposing are against them anyway. It was a rather long post, [more...]

Date: 2008-10-29 19:33:36


Finance Crisis Hits Credit Card Business

The financial crisis appears to be spreading to the credit-card business. Credit card companies say that their charge-offs of delinquent debt from card-holders have spiked to 5.5 percent, and could jump to 8 percent in coming months, a level not seen since the dot-com [more...]

Date: 2008-10-31 17:12:26


2008’s New Words

Do you suffer from Wii shoulder or nomophobia? Have you ever engaged in sexting? What do you think of ear gauging? Are you a mockbuster fan or do you prefer car crash TV? Do you know any pod people or celebutards? Do you have a fur child? When was the last time you suffered from audiation?No, it’s not a strange language [more...]

Date: 2009-01-08 05:19:58


Latest News in Stock Funds Markets - Jan 07, 2009

TIMELINE: Satyam chief quits, shares plunge - Reuters 7 Jan 2009 at 4:56am SINGAPORE (Reuters) - The chairman of Satyam Computer Services ( SATY.BO ), India’s 4th-biggest software services exporter, resigned on Wednesday, saying the company’s profits had been inflated over recent years, [more...]

Date: 2009-01-07 17:19:20


Wpxi

The Geese on WPXI channel 11 news on John Challis feature Jan Ferri-Reed on WPXI’s “Talking Pittsburgh” discussing “Keeping The Millennials” FIN Special Report ARM Report on No Protest during G20 Summit Rodrigator.com » Low Price, High Power Raise Heroin Deaths – WPXI .com Low Price, High Power Raise Heroin Deaths WPXI .com. [more...]

Date: 2009-09-23 17:12:21


Why are prices falling? Why does this scare the bourgeoisie?

by Eddy Laing“Credit Suisse chief economist Joseph Tan told The Straits Times that the dramatic fall in prices was due to ‘massive unwinding’ by ... . For capitalists, however, the fear of deflation is based on the systematic debt and speculation that drives [more...]

Date: 2009-01-11 17:02:15


How to Choose a Collection Agency for Your Business

How to Choose a Collection Agency By Asad Haroon CEO of InsideUp com Business Debt Collection is when a business needs assistance to collect outstanding debts from clients customers and vendors When a business has to use collection services they will hire an outside company to pursue a non payee .. [more...]

Date: 2009-09-25 05:39:39


Funding the Deficit

The incoming Obama Administration and its acolytes in Congress have floated various trial balloons regarding the size of the next stimulus package ... for this new round of debt. That raises of the new and troubling question of how to raise that much money [more...]

Date: 2008-12-29 16:25:36


The Biggest Bubble of All: Long-term Treasuries?

We've lived through some truly historic bubbles in recent years: • The dot-com bubble was a doozy ... • The housing bubble was even bigger, and ... • Now I'm wondering if we aren't dealing with a NEW bubble — a bubble in the market for long-term U.S. government debt, ... [more...]

Date: 2008-12-05 20:03:53


Money Match #7: Rob: Chicago Male Seeking Male

Here's another Money Match personal ad from a longtime reader. He sounds like a nice catch so step right up, Chicago-area gay guys! ... % of net income, car 10% of net, pretty conservative on other expenses. No credit card debt, student [more...]

Date: 2008-10-30 13:02:00


The Upside of Business Credit Cards

A recent credit card article focused, in my view, disproportionately on the negative aspects of using a business credit card to help fund your small ... to debt that haunts you long after the business is an unfortunate memory, regardless of where [more...]

Date: 2008-11-19 00:18:01


Q&A Round 8 :: The Answers

Neil from PS3 asks: My question is….. If you could meet anyone from history or the present who would it be and why? Just read the questions from Round 6 and Steve @ Free iPods asked why Americans have the World Series but it only involves one country [more...]

Date: 2009-01-08 03:00:08


Latest News In Stock Markets Investment Research - Jan 09, 2009

UBS closing offshore accounts of U.S. customers: report 9 Jan 2009 at 5:44am LONDON (MarketWatch) — Swiss banking group UBS is closing the offshore accounts of U.S. customers and offering to transfer the assets to other banks or another division within UBS, [more...]

Date: 2009-01-09 13:02:49


ChryCo CEO Denies No Free Credit (Report Dot Com Baby)

In an email to the troops , Chrysler CEO Bob Nardelli's denying The Wall Street Journal report that ChryCo's re-fi of $30b of short-term, car-loan-backed debt may not go down. If that happens– I mean, doesn't happen– Chrysler [more...]

Date: 2008-07-22 16:36:40


Different Types of Bonds

Different Types of Bonds Most people know about the basics of investing in the stock market but many people are puzzled as to what bonds are ... bond is basically a company selling its debt. Corporate bonds generally have high rates of interest [more...]

Date: 2009-01-08 17:25:09


The Carnival of Smarter Investing # 21

Welcome to the Twenty First Edition of The Carnival of Smarter Investing! We're back with our November edition of CoSI, so sit back, relax, and enjoy this supersized gathering of featured articles by investors and writers in the areas of business and real estate [more...]

Date: 2009-01-13 22:06:06



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