China’s Economy will slow down
Archive for the ‘Uncategorized’ Category
April 5th, 2012
Flying somewhere Some tips you will never see anywhere else
If you travel by plane you may find some of the following ideas very useful to experience a more pleasurable trip: All airlines will e-mail a printable boarding pass to you. Take advantage of this service. It seems more and more airlines like to overbook. If your flight is overbooked and you have not printed [...]
March 22nd, 2012
Advice to my lady friends A Man is not a Financial Plan
I talk to women all the time about investments, and just like a man, they need all the help they can get. The first thing I advise them is that a man is not a financial plan. It’s because you can’t count on a man, you can only count on yourself. So here’s a few [...]
February 23rd, 2012
Credit Card Algorithms are Evolving
All of us should be aware of the use of credit card algorithms to determine our credit scores and credit availability on an ongoing basis. First of all what is an algorithm as it applies to credit. Mathematician David Hilbert in 1928 was probably the first person to work with algorithms although he did not [...]
November 23rd, 2011
Home Sales are Up but House Prices are Down
America needs a housing recovery to sustain an economic recovery This past October which is the latest period available, house sales were up 1.4% from the previous month. This is a seasonably adjusted rate of just about 4.97 million units. During 2010, the level was 4.91 million units, and 2010 was the lowest number in [...]
October 1st, 2011
Retirement isn’t what it used to be
Will your retirement seats be taken by someone else? Or will this be you, hanging out at the beach? It’s strange how things happen. Remember the old line about if you want to make God laugh, “Make Plans”. It may be funny, but fun isn’t the state for tens of millions of Americas who have [...]
admin 
Posted in Uncategorized 
Tags: cheapen currency, defense spending, retire on the beach, retirement 
No Comments » September 29th, 2011
Health Care Insurance Premiums are Sharply Higher
Health Care costs are out of control Many thought that the cost of health care would go down with the passage of the President’s Health Care Reform Act. The opposite seems to be happening. The Kaiser Family foundation has released a study. Family coverage now costs an annual premium of $15,073 for a family of [...]
admin Posted in Uncategorized Tags: health care, health care costs, health care costs out of control, obama care, obama health care No Comments » September 22nd, 2011
How one Trader could cost UBS $2 billion plus in losses Answer Banks can’t manage brokerage risk
Kweku Adoboli took UBS for $2 billion in trading losses Banks are Dumbest Guys in Town The banking industry today is not the banking industry you grew up with. In the old world they took deposits and lent out money, pocketing the difference which criminals call the veg. Today they believe they are investment banks [...]
admin Posted in Uncategorized Tags: bank trader, bank trading, bank trading loss, brokerage houses, citygroup, Kweku Adoboli, prudential bache, trading, trading loss, ubs loses 2 plus billion 1 Comment » September 20th, 2011
I Don’t Believe I am Looking at a FAILED PRESIDENCY but I am
Robert Lovett – one of the smartest men ever to serve a President Being candid, I tend to vote in the Barry Goldwater tradition of conservative Republicanism, and I mean real conservative, not the phonies you see today. Nevertheless, whoever the President of the United States is, I root for his success. This is because [...]
September 16th, 2011
Will Residential Real Estate Prices Rise Again and When
The American dream has been since World War II for a family to own its own home. Housing ownership was also thought of as a forced savings plan. This is because for 70 years, every year without interruption, the housing market experienced a gain in prices. During 70 years, not a single year of residential [...]
admin Posted in Uncategorized Tags: bank foreclousure, economy, foreclosures, housing, housing prices, property 4 Comments » 
