New Year’s resolution
Be it resolved that tomorrow I will make no stupid resolutions!
The Rambling Redneck
Commentary on the Zeitgeist
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Wednesday, December 31, 2008
Thursday, December 25, 2008
Saturday, December 20, 2008
The ratings cartel is a self licking ice-cream cone
Do we really need expensive rating services to look at the effective yield and determine the rating based on what everyone already knows?
Last week, Standard & Poor’s said it may cut the rating on $54 billion of California bonds because of the fiscal problems, and investors have pushed down prices on the debt.
Do we really need expensive rating services to look at the effective yield and determine the rating based on what everyone already knows?
Tuesday, December 09, 2008
Fred Thompson gets it
Fred gets it. Too bad the only politician with half a clue couldn’t get any traction.
Fred gets it. Too bad the only politician with half a clue couldn’t get any traction.