Daily Archives: March 30, 2011
Ain’t It The Truth; Plus, Steve Meacham – Hero
I think the pseudonymous Tyler Durden pretty well captures the dynamics at work as municipalities go belly up and their “assets”, such as they are, fall into the hands of men like Jamie Dimon, who is fully capable of, and … Continue reading
Filed under financial crisis
Another “Hidden” Problem In Plain View
Back when interest rates and house prices were higher, the rule was that the monthly PI (Principal and Interest) payment to the bank was about four times higher than the TI (Taxes and Insurance). I noticed a few years ago, … Continue reading
Filed under financial crisis
Here’s Part Of The Problem…
I use Yahoo! sometimes for some services. They have a main page that features some “news” stories. Today there is a story/commentary about how Britni Spears’ live performances are not what they once were. It has 4,223 comments. So far. … Continue reading
Filed under financial crisis
