Posts Tagged ‘ Checks ’

EU leaders drop demands for investor writeoffs…

Bloomberg Un-Fing-believable... These guys just never lose, never pay for their crimes and risky wagers, and never do a damned productive thing. Excerpt: “As regards private-sector involvement, we have made a major change in our doctrine: from no...
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Most of the unemployed no longer receive aid

Most of the unemployed no longer receive aid By CHRISTOPHER S. RUGABER The Associated Press Updated Nov 5, 2011 11:16PM Washington • The jobs crisis has left so many people out of work for so long that most of America’s unemployed are no longer ...
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If (as) we hyperinflate, tax advantages of 401/403/IRAs could become substantial

By
April 19, 2011

This and similar forums have debated the wisdom of 401k/403b/IRAs (will govt increase taxes on them, and/or implement much stronger needs-based SS & Medicare systems?), as well as our eventual deflation/hyperinflation direction. I have yet to read con...
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2/3rds of 55 – 64yr olds have a mortgage; median balance 85K

By
December 27, 2010

Link Excerpts: • Mortgage Debt. Nearly two in three people age 55 to 64 had a mortgage in 2007, with a median debt of $85,000. • Social Security. Nearly 3 out of 4 people file to claim Social Security benefits as soon as they're eligible at age ...
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Hedge Funds and Berserkers Already Liquidated in Masse

By
December 2, 2008

This post’s focus is on leveraged traders and funds. In my view there is compelling evidence that the Berserker community has liquidated en masse and exists in recent memory only. Although checks are being sent out to “investors” to dispose of, there are few if any signs that meaningful leverage is being employed at...
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