The Rambling Redneck

Commentary on the Zeitgeist

Friday, April 15, 2011

Checkmate?

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Turbo Tax Timmy keeps saying if the debt ceiling isn't raised we will default. The first reaction is WTF is he smoking. However, when yo...
Sunday, January 02, 2011

T shaped house First Draft

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T Shaped House 1st Draft First Draft Since planning is cheap and cement is permanent I reckon I will draw as many draft...
Friday, August 27, 2010

Was the soviet union necessary to the American middle class?

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In 1917 the US was rapidly industrializing; the rich were getting richer, the poor, poorer and the middle class of tradesmen were being deci...
Thursday, May 06, 2010

The crisis in Europe

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From The Brussels journal : "The irony of the situation is that Portugal is expected to contribute about €2bn of the €120bn in bilatera...
Saturday, March 13, 2010

Peak oil

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From the LA Times: " Oil companies look at permanent refinery cutbacks "
Thursday, March 11, 2010

Repo 105

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Lehman was using a new transaction called Repo 105 to cook its books when it blew up. Repo 105 is like a regular repurchase agreement excep...
Friday, March 05, 2010

Pressure is building…

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Greece: England: Italy:

Vampire Squid

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