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    Quote of the Day

    "You should be more conscious when you are sleeping"

    -Isabella Hatkoff  (June 2010) on the breaking a pinky promise by her dad who was a sleeping

     

    "You can't solve a problem with the same kind of thinking that created it."
    -Albert Einstein (1879 - 1955)

    "Give a dog a fish, feed him for a day.  Teach a dog to fish, feed him for a lifetime."

    - Walter the Farting Dog

    "Wouldn't it make more sense to read the legislation before approve you it? It's like asking the architect to design the house after it is already built."

    -Paris Hilton

     



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    Email us if your interested:

    stickman@epd.net

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    Monday
    Aug062018

    Jamie Dimon v Bitcoin: Crypto or Kryptonite?

    Jamie Dimon doesn't want to say anything more about cryptocurrency.  Let's just say he's not a fan.  Blockchain is real but bitcoin and other cryptos not so much... and that's being diplomatic. Where's Clark Kent when you need him.

    The next really big thing? The greatest thing since sliced bread? Or just the mother of all bubbles?  Well, it's kinda hard to say. And therein lies the problem. As the bitcoin-crypto-blockchain progression continues to evolve, the weak link could bring down the house of cards...or establish the foundation of a new, more resilient  financial system devoid of central bank interference. quantitative easing, taxation, non-transparency, and a digital haven for  drug and arms dealers. If you ask the Bankers' Banker, J.P. Morgan's CEO Jamie Dimon, all-things-crypto are nother but one big scam.  Come on now Jamie-- tell us how you really feel.  

    Tuesday
    Feb282017

    Devils Dictionary

    Thursday
    Dec182014

    Putin on the Fritz

    Sunday
    Oct052014

    Financial Crisis Revisited: The Old "Chicken with Its Head Cut Off" Routine

    Southpark Episode is shockingly accurate:

     


    Thursday
    Oct022014

    Slaughtering the Sacred Cow: Chapter 9 and Pensions 

    In Ruling on California Town’s Bankruptcy, Judge Challenges Sanctity of Pensions (NYT)


    related article:
    Nipping At the Sacred Cow: Major Cities Take On Pension Reform (Forbes)
    Wednesday
    Aug062014

    China: Is the Minsky Moment Upon Us?