Hilarious Parody of the Government Debt

by Kirk Kinder on January 5, 2012

No words necessary (hat tip Paul Deitz)

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The Snowball is Back in Harford County

by Kirk Kinder on January 5, 2012

If you live in Harford County Maryland or the Baltimore Area, you might be interested in a charity event hosted by the Southern Harford Rotary. I am part of the Rotary group, and we are alerting everyone to the event. We are bringing back a popular social event that use to be an annual tradition  [...]

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MF Global: Fraud or Incompetence

December 14, 2011

Maybe it is the complexity of the financial scenario or the small scale of assets (only $1.2 Billion), but outrage does not seem to exist for MF Global and its lead dog, Jon Corzine. Whether the disappearance of $1.2 Billion in clients’ assets is fraud or incompetence, it could impact your portfolio if you don’t [...]

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Kyle Bass Uses Common Sense to Show the World is Screwd

December 8, 2011

I am a big fan of Kyle Bass. He is one of the few guys that seems to be able to take a 30,000 foot view of the world’s economy. He then breaks it down into very common sense and 8th grade math. His viewpoint is we are mathematically screwd.   Bass lays out the [...]

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Jobs Coming Back From China?

October 8, 2011

Here is a news piece from ABC discussing how jobs sent to China previously are returning to America. The news piece cites increasing wages in China, transportation cost savings by building in America, and productivity of American workers. These are huge pieces of why jobs will continue to return. As China’s capacity utilization grows, the [...]

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Great Post Mocking Bernanke

August 30, 2011

I love to see satirical condemnations like this, especially when the focus of the mockery is the Federal Reserve and its chief, Ben Bernanke. I don’t know much about this site or its author, but the satire is spot on. I am not sure what it will take for the United States and the rest [...]

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Forget TARP – the Fed Is Where the Banks Really Cleaned Up

August 22, 2011

Here is an article from Bloomberg describing the amounts received as loans from the Federal Reserve during the market blow up in 2008 and 2009. While taxpayers were enraged, and rightfully so, with the TARP bailout, which provided $300 billion to troubled banks, automakers, and other companies with strong lobbying arms, taxpayers should really be [...]

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Downgrade, Debt Ceiling and How Professional Wrestling is like Politics

August 8, 2011

I wanted to throw some thoughts out on the dreaded downgrade from S&P. Bottom line: it isn’t a big deal. 1. Why isn’t it a big deal? Investors in US government bonds already knows our government debt equals our Gross Domestic Product (GDP), which is the size of our economy. This isn’t news. S&P isn’t [...]

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Twenty Minutes with My Economic Man Crush

July 12, 2011

I am a huge fan of Steve Keen. One might say I have a man crush on him. He leans towards the Austrian school of economics, but he isn’t afraid to slap those ideas around as well. He just loves to tear apart neo-classical economics though. He has a book out that dispels the truths [...]

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Best Buffett Quote Ever

July 9, 2011

Warren Buffett, the famed investor and head of Berkshire Hathaway, always seems to produce humorous quips in a folksy way that teach a lesson. I saw this courtesy of My Investing Notebook. “I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more [...]

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