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On the (not so) Mega ReFi

Finally some details on a plan that has been whispered about for six weeks now. Actually, the information available begs some questions. Some thoughts on what was released from the FHFA yesterday: – I’ve said from the start that the fatal flaw in the Refi program is that it only includes those who happen to […]

Another big month at The US Treasury

The Federal Financing Bank (FFB) has released its August report. This is the bank that has provided the $500mm to Solyndra. Under normal conditions this monthly report would go unnoticed (except by folks like me). This time might be different. I would expect that a few Republicans are going to jump all over this. They […]

New Study – Traders are worse than Psychopaths

The University in St. Gallen, Switzerland (how appropriate) has come out with a study that compares traders with psychopaths. The surprising result was that not only do traders act like psychos, they’re worse. I’m not surprised at this at all. From NZZ: The study reviewed the direct comparison of results with an existing study of […]

You can’t go faster than the speed of light – And other lies

The folks at CERN (super collider in Switzerland/Italy) are scratching their heads this weekend. They observed something happening that simply can’t be true. The scientists have measured neutrinos moving at a speed greater than the speed of light. The possible discovery of subatomic particles moving faster than the speed of light has researchers worried about […]

13 cents away from a problem

I’m listening to Cramer, Roach and the other talking heads on TV. Bottom line from these folks is that the market’s a buy. China is not going to have a hard landing says Roach, and according to Cramer THERE WILL NOT BE ANOTHER LEHMAN. It’s getting impossible to figure what will happen next in this […]

Red Alert on the Red Metal?

At the end of last year I made predictions (a total of 44) of what might come. So far I’ve got (at least) one right and other dead wrong. I’m worried about the one I’m wrong on. Right -Volatility is going up across the board. If you have the stomach for the swings that are […]

A Solyndra Insider's Words

On September 16th I received an email from a Solyndra (“SOL”) employee. This individual was on of the management team at SOL. He is a part of the Silicon Valley world and does not want his name to come out. I have his permission to use his words. As a “Wanna Be” journalist I’m reluctant […]

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