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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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    Thursday
    Aug112011

    Meet Felonius Munk: Greatest American Rant Ever

    Earth to Washington: Cancel Your Goddamn Vacations and Get Your Assess Back to Work

     

    Enough with the Bar-B-Ques; This Is a Crisis If You Haven't Noticed

     

    Friday
    Aug052011

    Not-So-Careful Secretary Geithner on Risk of Downgrade on Fox News: 4/19/11 

    U.S. Downgraded to AA+ on 8/5/11

     

     

    Q:  Don't You Think  Declarative Statements That Turn Out To Be Utterly Wrong Tend to Undermine Confidence?

     

    A: Not When They Occur So Regularly

     

    Geithner Repeated Says:  "If You Listen Carefully...."

    Advice: Try Speaking More Carefully

    Monday
    Jul252011

    Geithner: "We Write 80 Million Checks a Month"

    Saturday
    Jun252011

    Dead Woman Wakes Up at Her Own Funeral, Then Dies of Shock

    Fagilyu Mukhametzyanov dies at her own funeral

     

    Metaphor for U.S Debt Crisis... Prez and Boehner Make Deal and S &P Downgrades U.S. to "AA" Anyway Adding Insult to Injury


    After a senselessly grueling negotiation for months on deficit reduction both sides lost all credibility shortly after making as deal.   Within moments of word getting out that Obama and Boehner had reached an agreement, those rating agency geniuses from S &P announced there was still a 50-50 chance they would downgrade the U.S. to "AA" just for good measure as early  as August.  Second only to Moody's , S&P issued 64,000 AAA ratings for CDO's while only 7 U.S. Corporations maintain a AAA rating.

     

    The Law of Unintended Consequences is about to be tested as the safe haven for investors has been declared infested with dysfunctional foxes who have been given a time out for bad behavior from even more dyfunctional foxes.

     

    So where does the world redeploy a $100 Trillion?

     

     

    Friday, June 24th 2011, 9:44 AM

     

    Fagilyu (l) and husband Fagili Mukhametzyanov (r). Fagilyu died of a heart attack at her own funeral after she was mistakenly declared dead by doctors.
    CEN
    Fagilyu (l) and husband Fagili Mukhametzyanov (r). Fagilyu died of a heart attack at her own funeral after she was mistakenly declared dead by doctors.

    A Russian woman died from a heart attack brought on by the shock of waking up at her own funeral.

    Fagilyu Mukhametzyanov, 49, was mistakenly declared deceased by doctors, the Daily Mail reported Friday.

    But she later woke up - in a coffin surrounded by sobbing relatives. She started screaming after realizing she was about to be buried alive.

    Mukhametzyanov, a resident of Kazan, was rushed back to the hospital where she was declared dead -- this time for real.

    Her husband, Fagili Mukhametzyanov, was distraught.

    "Her eyes fluttered and we immediately rushed her back to the hospital but she only lived for another 12 minutes," he said.

    He told The Sun that he would sue the hospital.

    "I am very angry and want answers. She wasn't dead when they said she was and they could have saved her."

    A spokesman at the hospital, also in Kazan, said officials were investigating.

    Thursday
    Jun022011

    Goosebumps on Steroids-- Just a Spectacular Idea

    How Brilliant Is This?????

     

    Solar Grandmothers from Why Poverty? on Vimeo.

    chronicles the way in which grandmothers from across the world are chosen and taught to become solar engineers by Roy Bunker’s Barefoot College in India. After being trained, they return transforming the lives of the villagers whom they can now help. Roy Bunker says his barefoot college is the only college built by the poor, for the poor, and for the last 35 years, has been managed, controlled, and owned by the poor. This film will follow three women as they take a life-changing journey to India from their home villages in Africa and the Middle East.

    Status: In production – Plus Pictures
    Director: Jehane Noujaim
    Producer: Mette Heide

     


     


    Sunday
    May082011

    Exhorbitant Privilege

     

    Mirror Mirror ont he Wall...

    ...Whose Got the Cheapest Capital of Them All?

     

     

    Exhorbitant Pivilege, a term  coined in the late '60s by those griping Frenchies, Valery  Giscard d'Éstaing & Co, this concept nonetheless almost assures an over-all advantage of having the world's reserve currency and has been estimated to reduce the US cost of capital by nearly 300 basis points.  In spite of our intellectual incontinence and policy failures, it seems by being reckless we have still taken advantage of the the largest pool of mispriced capital know to man.

    http://pr3isl3r.homepage.t-online.de/texts/exorbitantprivilege.pdf

     

    http://www.ethicalmarkets.com/2011/04/14/exorbitant-privilege-by-barry-eichengreen-oxford-university-press-2011/

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