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It’s The Money, Honey
The Economy Doesn’t Suck. It Just Sucks For You.
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The Investment Vampires
Vampires know a good thing when they see it. Or taste it. The lore on mythic bloodsuckers often has vampires nursing a live subject, drawing blood over and over again without killing the victim. It’s symbiotic…or, more precisely, parasitic. Sounds like an investment banker. See, it’s kinda funny (funny strange, not ha-ha) to think about…
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Econ 101: Put Options
Put Options (see article below). I read last week in the NY Times that there is a put option available to managers of large investment funds that allowed some to place bets as far back as two years ago…bets that mortgage securities would fall precipitously. Some, like the dude profiled for the article, made huge…
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Artificial Scarcity, Gas Prices and You
Iraq is a big success. Well, it is for US oil companies, defense companies, construction firms and Saudi Arabia. A ripping good, record profit bonanza. Dividend heaven. Which may account for the “investor” tax cut House and Senate GOPers just dreamed up. Don’t want those profits getting into the wrong hands, after all. But Iraq…
3
Scami-Flu
Okay everybody, let’s get scared! Buy Tami-flu…the bird flu is coming, the bird flu is coming. And, by the way, the patent for Tami-flu is held by Gilead Sciences. Defense Secretary Donald Rumsfeld was chairman of Gilead before he became Chief Operating Officer of War Profits Inc., a.k.a. the Pentagon. He still has millions of dollars…