Archive for October, 2008
Wednesday, October 22nd, 2008
In The Dark
A quarterly review:
Increase in real GDP of3.3 percent
Personal income increased $61.5 billion, or 0.5 percent, and disposable personal income (DPI)
decreased $93.3 billion, or 0.9 percent
When it seems like the world around’s just breaking
And it feels like there’s no one else around you
And it’s quiet there’s a silence in the darkness
And it sounds like the carnival […]
2 Comments » - Posted in Uncategorized by admin
Wednesday, October 22nd, 2008
Throw the Blackberry Away and Enjoy Life
While many of us face 401K values as much as 40% lower than they were 12 months ago, one fund (Lahde Capital Management) managed to produce a return of 866%. Primary strategy : Bet against the subprime industry. While 350 hedge funds have imploded this year, Andrew Lahde referred to their management as […]
4 Comments » - Posted in Uncategorized by admin
Friday, October 17th, 2008
Frugal is the New Black : Part 1 of 2
I’ve lost count of the times I given up on you
But you make such a beautiful wreck, you do
We are a country with a negative savings rate, low 401K values across the board, and according to a recent panel discussion I attended hosted by The Committee For a Responsible Budget, we’re headed to a […]
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Thursday, October 9th, 2008
Debt Clock Maxed Out?
The national debt clock was created by Seymour Durst (which happens to anagram into Mussed Our Try…coincidence?)
in 1989 to publicly track our debt (then $2.7 Trillion)
It was bad enough when we had to remove the $ sign in our debt clock in September for room, now we need to add a few more spaces […]
